Manaksia Steels Financials

MANAKSTEEL   61.17  1.94  3.28%   
Financial data analysis helps to check out if markets are presently mispricing Manaksia Steels Limited. We were able to analyze and collect data for twenty-six available fundamentals for Manaksia Steels, which can be compared to its peers in the industry. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Manaksia Steels to be traded at 73.4 in 90 days. Key indicators impacting Manaksia Steels' financial strength include:
Operating Margin
0.0099
PE Ratio
33.6957
Profit Margin
0.0316
Return On Equity
0.0961
  
Understanding current and past Manaksia Steels Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Manaksia Steels' financial statements are interrelated, with each one affecting the others. For example, an increase in Manaksia Steels' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Manaksia Steels' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Manaksia Steels Limited. Check Manaksia Steels' Beneish M Score to see the likelihood of Manaksia Steels' management manipulating its earnings.

Manaksia Steels Stock Summary

Manaksia Steels competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, and Gujarat Alkalies. Manaksia Steels is entity of India. It is traded as Stock on NSE exchange.
Specialization
Basic Materials, Materials
InstrumentIndia Stock View All
ExchangeNational Stock Exchange of India
ISININE824Q01011
Business AddressTurner Morrison Building,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.manaksiasteels.com
Phone91 33 2231 0055
You should never invest in Manaksia Steels without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Manaksia Stock, because this is throwing your money away. Analyzing the key information contained in Manaksia Steels' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Manaksia Steels Key Financial Ratios

Manaksia Steels' financial ratios allow both analysts and investors to convert raw data from Manaksia Steels' financial statements into concise, actionable information that can be used to evaluate the performance of Manaksia Steels over time and compare it to other companies across industries.

Manaksia Steels Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.5B3.5B4.2B5.2B3.5B
Other Current Liab790.2M441.8M546.5M560.1M132.6M261.3M
Net Debt174.0M506.3M(57.7M)374.3M1.6B1.6B
Retained Earnings573.2M838.1M1.2B1.3B2.4B2.5B
Accounts Payable1.3B103.3M128.7M151.2M104.4M99.2M
Cash435.2M164.1M153.2M114.4M292.9M233.2M
Total Liab2.1B1.3B840.5M1.3B2.2B1.5B
Total Current Assets2.6B1.4B2.1B2.9B3.7B2.4B
Net Receivables481.2M200.4M299.2M286.7M262.3M488.6M
Inventory1.4B861.4M1.0B1.3B1.4B1.1B
Other Current Assets787.6M119.5M622.7M515.1M546.8M516.1M
Short Term Debt593.2M657.5M85.6M485.6M1.9B1.9B
Other Liab22.6M10.3M37.2M50.0M45.0M28.7M
Net Tangible Assets1.9B1.9B2.2B2.7B3.1B2.1B
Other Assets32.7M162.2M223.0M52.6M60.5M66.1M
Long Term Debt Total16.0M13.0M9.8M3.1M2.8M2.7M
Short Long Term Debt589.3M653.0M82.1M481.7M1.9B1.9B
Net Invested Capital2.5B2.9B2.7B3.4B4.9B3.3B
Net Working Capital542.5M166.5M1.4B1.7B1.7B1.1B

Manaksia Steels Key Income Statement Accounts

201920202021202220232024 (projected)
Gross Profit915.0M1.1B1.4B1.2B1.1B898.9M
Operating Income139.6M302.8M432.2M165.2M952.6M1.0B
Ebit134.7M365.1M504.9M210.4M460.4M246.4M
Ebitda228.6M466.5M613.6M313.2M530.0M325.4M
Cost Of Revenue4.4B3.9B4.7B6.2B5.8B4.1B
Income Before Tax105.3M344.1M489.3M171.1M378.3M216.4M
Net Income86.0M265.4M353.2M121.9M283.8M153.7M
Income Tax Expense19.3M78.6M136.2M49.2M94.4M62.8M
Interest Expense9.7M15.6M7.7M39.3M82.2M86.3M
Total Revenue5.4B5.0B6.1B7.4B6.8B5.4B
Tax Provision19.3M78.6M136.2M49.2M94.4M74.1M
Interest Income9.4M21.1M15.6M39.3M45.2M26.7M
Net Interest Income(3.1M)(21.1M)(15.5M)(39.3M)(82.2M)(78.1M)

Manaksia Steels Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash231.2M(271.1M)(10.9M)(38.8M)(32.3M)(30.6M)
Free Cash Flow(148.4M)349.4M(74.7M)159.4M(908.7M)(863.3M)
Other Non Cash Items(50.6M)(118.8M)(180.5M)(73.6M)(36.2M)(38.0M)
Capital Expenditures110.0M7.3M69.1M82.2M387.2M406.6M
Net Income105.3M344.1M489.3M171.1M283.8M207.8M
End Period Cash Flow435.2M164.1M153.2M114.4M82.1M78.0M
Change To Inventory(488.7M)525.4M(186.7M)(208.2M)(145.8M)(138.5M)
Depreciation93.8M101.4M108.6M102.8M69.6M86.1M
Investments(227.2M)(735.9M)560.8M(646.5M)(843.5M)(801.4M)
Net Borrowings556.1M67.5M(575.0M)393.2M353.9M371.6M
Change To Netincome(31.3M)(40.2M)(44.4M)(24.4M)(22.0M)(23.1M)

Manaksia Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Manaksia Steels's current stock value. Our valuation model uses many indicators to compare Manaksia Steels value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manaksia Steels competition to find correlations between indicators driving Manaksia Steels's intrinsic value. More Info.
Manaksia Steels Limited is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Manaksia Steels Limited is roughly  2.37 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Manaksia Steels' earnings, one of the primary drivers of an investment's value.

Manaksia Steels Systematic Risk

Manaksia Steels' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Manaksia Steels volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Manaksia Steels correlated with the market. If Beta is less than 0 Manaksia Steels generally moves in the opposite direction as compared to the market. If Manaksia Steels Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Manaksia Steels is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Manaksia Steels is generally in the same direction as the market. If Beta > 1 Manaksia Steels moves generally in the same direction as, but more than the movement of the benchmark.

Manaksia Steels Limited Total Assets Over Time

Manaksia Steels Thematic Clasifications

Manaksia Steels Limited is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
IronView
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas

Manaksia Steels November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Manaksia Steels help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Manaksia Steels Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Manaksia Steels Limited based on widely used predictive technical indicators. In general, we focus on analyzing Manaksia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Manaksia Steels's daily price indicators and compare them against related drivers.

Additional Tools for Manaksia Stock Analysis

When running Manaksia Steels' price analysis, check to measure Manaksia Steels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manaksia Steels is operating at the current time. Most of Manaksia Steels' value examination focuses on studying past and present price action to predict the probability of Manaksia Steels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaksia Steels' price. Additionally, you may evaluate how the addition of Manaksia Steels to your portfolios can decrease your overall portfolio volatility.