Ratlam (MP)-based processor of manganese ore, MC ferro manganese, manganese oxide, wood charcoal and quartz/quartz slabs, with rare-earth metal recycling from mining waste.
Price
Market Cap
Sector
Commodities
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| Line item | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 18 | 18 | 18 | 18 |
| Reserves | 0 | 50 | 94 | 119 | 95 |
| Borrowings | 3 | 14 | 25 | 29 | 30 |
| Other Liabilities | 0 | 9 | 61 | 55 | 39 |
| Total Liabilities | 4 | 91 | 198 | 221 | 182 |
| AssetsFixed Assets | 0 | 11 | 16 | 36 | 35 |
| CWIP | 0 | 1 | 10 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 79 | 172 | 184 | 146 |
| Total Assets | 4 | 91 | 198 | 221 | 182 |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | 0 | -27 | 16 | 62 |
| Cash from Investing | -4 | -15 | -17 | -7 |
| Cash from Financing | 4 | 44 | 0 | -56 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | 0 | -39 | -1 | 50 |
| 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.
OWAIS · CYCLICAL_UNMODELABLE
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