Ticker >

Man Industries share price

Man Industries (India) Ltd.

NSE: MANINDS BSE: 513269 SECTOR: Steel & Iron Products  40k   107   21

421.30
-2.10 (-0.50%)
NSE: Today, 04:03 PM

Price Summary

Today's High

₹ 430

Today's Low

₹ 413.1

52 Week High

₹ 459

52 Week Low

₹ 91.4

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2727.29 Cr.

Enterprise Value

2863.57 Cr.

No. of Shares

6.47 Cr.

P/E

22.84

P/B

2.17

Face Value

₹ 5

Div. Yield

0.47 %

Book Value (TTM)

₹  193.73

CASH

161.65 Cr.

DEBT

297.93 Cr.

Promoter Holding

46.15 %

EPS (TTM)

₹  18.45

Sales Growth

-0.08%

ROE

6.93 %

ROCE

11.37%

Profit Growth

-33.55 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-0.08%
3 Year5.96%
5 Year5.88%

Profit Growth

1 Year-33.55%
3 Year7.61%
5 Year1.36%

ROE%

1 Year6.93%
3 Year10.4%
5 Year9.42%

ROCE %

1 Year11.37%
3 Year15.05%
5 Year14.7%

Debt/Equity

0.2971

Price to Cash Flow

-24.37

Interest Cover Ratio

3.18555024623336

CFO/PAT (5 Yr. Avg.)

1.62246964866222

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 46.15 27.21
Dec 2023 49.62 27.26
Sep 2023 49.62 27.26
Jun 2023 45.69 29.61
Mar 2023 45.69 29.61
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 4.35287023374322 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 102.998367645434.

 Limitations

  • The company has shown a poor profit growth of 7.61143906044688% for the Past 3 years.
  • The company has shown a poor revenue growth of 5.95582448654519% for the Past 3 years.
  • Company has contingent liabilities of 501.5361 Cr.
  • Company has negative cash flow from operations of -111.8898.
  • Promoter pledging is high as 27.21%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 612.76 554.97 464.18 1007.55 830.28
Total Expenditure 555.1 513.4 417.4 935.63 765.54
Operating Profit 57.66 41.57 46.78 71.92 64.74
Other Income 13.95 11.57 4.07 23.22 20.52
Interest 12.11 10.55 20.7 22.01 20.09
Depreciation 11.02 11.35 15.09 14.74 15.4
Exceptional Items 0 0 0 0 0
Profit Before Tax 48.48 31.24 15.06 58.39 49.77
Tax 12.14 4.33 3.18 14.92 12.62
Profit After Tax 36.34 26.91 11.88 43.47 37.15
Adjusted EPS (Rs) 6.05 4.48 1.98 7.23 6.18

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2215.39 1759.09 2075.18 2094.08 2092.49
Total Expenditure 2040.4 1593.05 1870.33 1914.13 1969.2
Operating Profit 174.99 166.04 204.85 179.95 123.29
Other Income 22.4 16.92 30.79 37.18 52.51
Interest 64.49 64.42 52.8 37.3 41.02
Depreciation 45.92 52.31 46.37 45.22 45.14
Exceptional Items 0 -2.5 0 0 0
Profit Before Tax 86.98 63.73 136.47 134.61 89.65
Tax 29.59 9.75 35.84 33.38 22.38
Net Profit 57.38 53.98 100.63 101.23 67.27
Adjusted EPS (Rs.) 10.05 9.45 17.62 17.11 11.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 28.55 28.55 28.55 29.59 30.05
Total Reserves 673.28 716.04 804.39 910.56 972.75
Borrowings 49.16 15.33 2.03 3.66 127.86
Other N/C liabilities 45.11 43.27 38.83 31.06 31.05
Current liabilities 799.68 1027.7 917.01 847.01 565.17
Total Liabilities 1595.79 1830.9 1790.8 1821.89 1726.88
Assets
Net Block 396.4 368.28 336.68 312.64 482.95
Capital WIP 2.76 3.56 1.01 15.8 3.08
Intangible WIP 0 0 0 0 0
Investments 130.55 133.21 132.16 133.28 135.89
Loans & Advances 134.21 156.2 130.22 147.99 160.43
Other N/C Assets 5.18 14.3 3.55 8.36 8.15
Current Assets 926.69 1155.36 1187.19 1203.82 936.38
Total Assets 1595.79 1830.9 1790.8 1821.89 1726.88
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 86.98 63.73 136.47 134.61 89.65
Adjustment 103.59 127.98 146.63 78.57 94.06
Changes in Assets & Liabilities -26.25 48.42 -306.24 270.76 -268.81
Tax Paid -26.81 -26.79 -36.64 -45.79 -26.79
Operating Cash Flow 137.51 213.34 -59.78 438.15 -111.89
Investing Cash Flow 0.19 -46.32 4.23 -108.94 -126.06
Financing Cash Flow -138.02 -35.99 -63.37 -267.06 187.22
Net Cash Flow -0.32 131.03 -118.92 62.15 -50.74

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 45.69 45.69 49.62 49.62 46.15
anita jagdish mansukhani ... 0.01 0.01 0.01 0.01 0.01
deepadevi rameshchandra m... 3.00 3.00 3.00 3.00 2.79
heena vinay kalantri - - 8.09 8.09 7.51
jagdishchandra jhamaklal ... 0.02 0.02 0.02 0.02 0.02
man finance private limit... 10.61 10.61 10.61 10.61 9.93
man global limited 3.07 3.07 3.07 3.07 2.85
nikhil mansukhani 5.97 5.97 5.97 5.97 5.54
rameshchandra mansukhani 22.89 22.89 18.73 18.73 17.39
rameshchandra mansukhani ... 0.12 0.12 0.12 0.12 0.11
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 54.31 54.31 50.38 50.38 53.85
ashish kacholia - - - - 2.10
hiten dilip bhatia - - 1.37 1.69 1.55
investor education and pr... - - - 1.00 0.92
llp 1.18 0.94 0.89 0.89 1.22
rba & finance investment ... - - - - 2.10
the court receiver high c... 1.61 1.61 1.61 1.61 1.50
turnaround opportunities ... - - - - 1.10
vikas vijaykumar khemani 3.23 3.23 2.72 2.72 2.53
ashok kumar lodha huf - - 1.16 1.10 -
india max investment fund... 1.13 1.13 1.13 - -
investor education and pr... 0.88 0.95 0.95 - -
heena vinay kalantri 3.93 3.93 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ3FY24 2 Feb 2024
  • ConcallQ3FY23 14 Mar 2023
  • PresentationQ4FY23 6 Jul 2023
  • PresentationQ4FY22 7 Jun 2022
  • PresentationQ4FY21 2 Jun 2021
  • PresentationQ4FY20 25 Jun 2020
  • PresentationQ3FY24 25 Jan 2024
  • PresentationQ3FY23 22 Mar 2023
  • PresentationQ3FY22 11 Feb 2022
  • PresentationQ3FY21 27 Jan 2021
  • PresentationQ2FY22 22 Nov 2021
  • PresentationQ2FY21 5 Oct 2021
  • PresentationQ1FY22 17 Aug 2021
  • PresentationQ1FY21 13 Aug 2020

Company News

Man Industries certified by API to manufacture ERW pipes5 Mar 2024, 5:56PM Man Industries (India) informs about business update 5 Mar 2024, 10:40AM Man Industries (India) informs about receipt of order29 Feb 2024, 10:15AM Man Industries (India) bags new orders of around Rs 555 crore29 Feb 2024, 9:23AM Man Industries (India) informs about TV interview26 Feb 2024, 11:41AM Man Industries (India) informs about award of order receipt 12 Feb 2024, 10:45AM Man Industries (India) bags new orders worth Rs 525 crore12 Feb 2024, 9:50AM Man Industries (India) informs about earning presentation24 Jan 2024, 4:56PM Man Industries - Quaterly Results23 Jan 2024, 3:50PM Man Industries - Quaterly Results23 Jan 2024, 3:50PM Man Industries - Quaterly Results23 Jan 2024, 3:50PM Man Industries (India) informs about compliance certificate19 Jan 2024, 2:51PM Man Industries (India) informs about TV interview of chairman16 Jan 2024, 10:47AM Man Industries (India) informs about business update 15 Jan 2024, 10:45AM Man Industries (India) bags new orders worth Rs 400 crore15 Jan 2024, 9:58AM Man Industries (India) informs about loss of shareholder certificate 5 Jan 2024, 11:20AM Man Industries (India) informs about TV Interview 29 Dec 2023, 9:51AM Man Industries (India) informs about disclosure6 Dec 2023, 12:58PM Man Industries (India) informs about details of loss of certificate 5 Dec 2023, 12:45PM Man Industries (India) informs about outcome of board meeting 2 Dec 2023, 2:19PM Man Industries (India) informs about outcome of board meeting1 Dec 2023, 2:15PM Man Industries (India) informs about board meeting 28 Nov 2023, 12:42PM Man Industries (India) informs about TV Interview 20 Nov 2023, 10:43AM Man Industries - Quaterly Results8 Nov 2023, 1:56PM Man Industries (India) informs about business update6 Nov 2023, 10:19AM Man Industries (India) secures new orders of around Rs 380 crore6 Nov 2023, 10:14AM Man Industries (India) informs about disclosure18 Aug 2023, 12:44PM Man Industries - Quaterly Results7 Aug 2023, 6:37PM Man Industries - Quaterly Results7 Aug 2023, 6:37PM Man Industries (India) informs about conference call2 Aug 2023, 2:29PM Man Industries (India) informs about updates 5 Jul 2023, 9:47AM Man Industries (India) informs about TV interview22 May 2023, 10:46AM Man Industries - Quaterly Results18 May 2023, 3:29PM Man Industries - Quaterly Results18 May 2023, 3:29PM Man Industries - Quaterly Results18 May 2023, 3:29PM Man Industries secures orders worth Rs 500 crore17 May 2023, 12:09PM Man Industries (India) informs about order receipt17 May 2023, 11:58AM Man Industries (India) informs about updates26 Apr 2023, 4:51PM Man Industries (India) informs about compliance certificate17 Apr 2023, 4:43PM Man Industries starts production at new plant at Anjar in Gujarat23 Mar 2023, 10:59AM Man Industries (India) informs about inauguration and commencement of production23 Mar 2023, 9:48AM Man Industries (India) informs about updates18 Mar 2023, 3:23PM Man Industries (India) informs about additional details for corporate announcement18 Mar 2023, 3:17PM Man Industries (India) informs about disclosure16 Mar 2023, 2:32PM Man Industries bags new export order worth around Rs 1300 crore16 Mar 2023, 12:17PM Man Industries receives new orders worth around Rs 500 crore13 Feb 2023, 12:17PM Man Industries (India) informs about investor presentation10 Feb 2023, 4:46PM Man Industries - Quaterly Results9 Feb 2023, 6:11PM Man Industries - Quaterly Results9 Feb 2023, 6:11PM Man Industries - Quaterly Results9 Feb 2023, 6:11PM

Man Industries Stock Price Analysis and Quick Research Report. Is Man Industries an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Man Industries has a PE ratio of 22.801815037488 which is high and comparatively overvalued .

  • Share Price: - The current share price of Man Industries is Rs 420.6. One can use valuation calculators of ticker to know if Man Industries share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Man Industries has ROA of 3.7910729818266 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Man Industries has a Current ratio of 1.65680903779745 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Man Industries has a ROE of 6.92968407593353 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Man Industries has a D/E ratio of 0.2971 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Man Industries has an Inventory turnover ratio of 10.1358657361491 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Man Industries has reported revenue growth of -0.0758185376873888 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Man Industries for the current financial year is 5.89222071758294 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Man Industries is Rs 2 and the yield is 0.4773 %.

Last Updated on:
Brief about Man Industries
X