Manaksia Steels Limited Stock Net Income

MANAKSTEEL   62.15  1.15  1.89%   
Manaksia Steels Limited fundamentals help investors to digest information that contributes to Manaksia Steels' financial success or failures. It also enables traders to predict the movement of Manaksia Stock. The fundamental analysis module provides a way to measure Manaksia Steels' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manaksia Steels stock.
Last ReportedProjected for Next Year
Net Income283.8 M207.8 M
Net Income From Continuing Ops283.8 M182 M
Net Income Applicable To Common Shares140.1 M165.8 M
Net Income Applicable To Common Shares is likely to gain to about 165.8 M in 2024, whereas Net Income is likely to drop slightly above 207.8 M in 2024.
  
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Manaksia Steels Limited Company Net Income Analysis

Manaksia Steels' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Manaksia Steels Net Income

    
  283.84 M  
Most of Manaksia Steels' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Manaksia Steels Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Manaksia Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

916.92 Million

At this time, Manaksia Steels' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Manaksia Steels Limited reported net income of 283.84 M. This is 2458.54% lower than that of the Metals & Mining sector and 59.17% lower than that of the Materials industry. The net income for all India stocks is 50.29% higher than that of the company.

Manaksia Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manaksia Steels' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Manaksia Steels could also be used in its relative valuation, which is a method of valuing Manaksia Steels by comparing valuation metrics of similar companies.
Manaksia Steels is currently under evaluation in net income category among its peers.

Manaksia Fundamentals

About Manaksia Steels Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Manaksia Steels Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manaksia Steels using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manaksia Steels Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.