Financials Manaksia Steels Limited

Equities

MANAKSTEEL

INE824Q01011

Iron & Steel

Market Closed - NSE India S.E. 07:43:52 2024-05-06 am EDT 5-day change 1st Jan Change
56.3 INR -2.00% Intraday chart for Manaksia Steels Limited -3.01% +17.91%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 2,110 1,412 426 1,550 2,844 2,326
Enterprise Value (EV) 1 2,690 1,075 572.1 2,018 2,543 1,837
P/E ratio 13.5 x 17 x 4.95 x 5.84 x 8.05 x 19.1 x
Yield - - - - - -
Capitalization / Revenue 0.42 x 0.21 x 0.08 x 0.31 x 0.47 x 0.31 x
EV / Revenue 0.53 x 0.16 x 0.11 x 0.4 x 0.42 x 0.25 x
EV / EBITDA 7.86 x 4.13 x 2.49 x 5.04 x 4.74 x 6.95 x
EV / FCF -12 x 1.09 x -4.08 x 6.21 x -21 x 10.3 x
FCF Yield -8.33% 91.8% -24.5% 16.1% -4.75% 9.72%
Price to Book 1.2 x 0.76 x 0.22 x 0.7 x 1.07 x 0.8 x
Nbr of stocks (in thousands) 65,534 65,534 65,534 65,534 65,534 65,534
Reference price 2 32.20 21.55 6.500 23.65 43.40 35.50
Announcement Date 8/30/18 8/29/19 9/2/20 8/24/21 9/2/22 8/24/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 5,034 6,879 5,364 5,042 6,109 7,424
EBITDA 1 342.2 260.3 229.8 400.3 537 264.2
EBIT 1 266.5 200.8 139.6 302.8 432.2 165.2
Operating Margin 5.29% 2.92% 2.6% 6% 7.07% 2.23%
Earnings before Tax (EBT) 1 222.7 159.8 105.3 344.1 489.3 171.1
Net income 1 156.2 83.28 85.97 265.4 353.2 121.9
Net margin 3.1% 1.21% 1.6% 5.26% 5.78% 1.64%
EPS 2 2.384 1.271 1.312 4.050 5.389 1.859
Free Cash Flow 1 -224 986.8 -140.2 324.8 -120.9 178.6
FCF margin -4.45% 14.35% -2.61% 6.44% -1.98% 2.41%
FCF Conversion (EBITDA) - 379.14% - 81.14% - 67.62%
FCF Conversion (Net income) - 1,184.97% - 122.36% - 146.59%
Dividend per Share - - - - - -
Announcement Date 8/30/18 8/29/19 9/2/20 8/24/21 9/2/22 8/24/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 580 - 146 468 - -
Net Cash position 1 - 337 - - 302 489
Leverage (Debt/EBITDA) 1.695 x - 0.636 x 1.169 x - -
Free Cash Flow 1 -224 987 -140 325 -121 179
ROE (net income / shareholders' equity) 9.24% 4.61% 4.57% 12.8% 14.4% 4.38%
ROA (Net income/ Total Assets) 5.27% 3.53% 2.36% 5.03% 7.73% 2.68%
Assets 1 2,963 2,358 3,638 5,276 4,570 4,545
Book Value Per Share 2 26.80 28.30 29.20 34.00 40.60 44.30
Cash Flow per Share 2 3.470 3.110 6.640 2.500 2.670 1.750
Capex 1 247 330 110 7.33 69.1 82.2
Capex / Sales 4.9% 4.79% 2.05% 0.15% 1.13% 1.11%
Announcement Date 8/30/18 8/29/19 9/2/20 8/24/21 9/2/22 8/24/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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