Kolkata-based maker of value-added coated flat steel products - cold-rolled, hot-dipped galvanized, pre-painted and Alu-Zinc coils and sheets - from plants in Haldia and Bankura, West Bengal.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 187 | 212 | 251 | 275 | 302 | 300 | 313 | 332 |
| Borrowings | 42 | 64 | 8 | 46 | 183 | 206 | 203 | 151 |
| Other Liabilities | 61 | 22 | 24 | 29 | 54 | 33 | 52 | 104 |
| Total Liabilities | 296 | 305 | 290 | 357 | 546 | 545 | 574 | 594 |
| AssetsFixed Assets | 47 | 43 | 39 | 40 | 49 | 52 | 136 | 141 |
| CWIP | 2 | 0 | 5 | 7 | 32 | 93 | 14 | 33 |
| Investments | 35 | 49 | 77 | 154 | 234 | 152 | 176 | 110 |
| Other Assets | 212 | 212 | 168 | 155 | 231 | 248 | 249 | 311 |
| Total Assets | 296 | 305 | 290 | 357 | 546 | 545 | 574 | 594 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 101 | -6 | 34 | -2 | 29 | -49 | 13 | 62 |
| Cash from Investing | -5 | -22 | -72 | 59 | -67 | -84 | -19 | 3 |
| Cash from Financing | -96 | 39 | 21 | -57 | 35 | 131 | 12 | -70 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 99 | -9 | 34 | -9 | 21 | -88 | -53 | 25 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MANAKSTEEL · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.