Manaksia Steels Ltd Stock Price Today (NSE: MANAKSTEEL)
Fundamental Score
Manaksia Steels Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Manaksia Steels Ltd share price today is ₹45.99, down 6.72% on NSE/BSE as of 30 March 2026. Manaksia Steels Ltd (MANAKSTEEL) is a Small-cap company in the Iron & Steel sector with a market capitalisation of ₹411.29 (Cr). The 52-week high for MANAKSTEEL share price is ₹77.78 and the 52-week low is ₹43.60. At a P/E ratio of 23.69x, MANAKSTEEL is currently trading above its industry average P/E of 21.88x. The company has a Return on Equity (ROE) of 3.67% and a debt-to-equity ratio of 0.63.
Manaksia Steels Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Manaksia Steels Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Manaksia Steels Share Price Analysis: A ROCE Efficiency Perspective
The Iron and Steel industry is currently navigating a complex landscape of fluctuating raw material costs and evolving global demand. This analysis focuses on the performance of Manaksia Steels share price, currently trading at ₹62.189998626708984, viewed through the lens of Return on Capital Employed (ROCE). With a Price-to-Earnings (PE) ratio of 23.69 and a ROCE of 4.06%, Manaksia Steels presents a nuanced picture when compared to its sector peers.
A critical metric for assessing operational efficiency, ROCE indicates how effectively a company utilizes its capital to generate profits. Manaksia Steels' ROCE of 4.06% requires careful consideration. While not inherently "good" or "bad," it must be evaluated against industry benchmarks and the company's historical performance. Compared to industry leaders like Tata Steel Ltd and Jindal Steel & Power Ltd, a lower ROCE might indicate inefficiencies in capital allocation, pricing strategies, or operational processes.
The relatively low ROCE of 4.06% has a direct impact on the company's economic moat – its ability to sustain a competitive advantage. A weaker ROCE suggests a thinner moat, making the company more vulnerable to competitive pressures and potentially limiting its ability to consistently generate superior returns. It's crucial to examine if this ROCE is a temporary dip due to specific market conditions or a more persistent trend.
Further, a comparative assessment with
Mukand Ltd could reveal discrepancies in management quality and operational execution. Differences in ROCE between the two companies might stem from varying management strategies, capital investment decisions, and the ability to effectively control costs. A deeper dive into each company's approach to capital expenditure and working capital management would be beneficial.This analysis is part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra. It presents an observational perspective on Manaksia Steels' financial metrics and does not constitute investment advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Manaksia Steels Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MANAKSTEEL across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Robust Profit Growth (68.49%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (155.41%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Balanced Promoter Holding (74.75%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Below-Average Return on Equity (3.67%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (4.06%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (4.66%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Limited Growth History (3.67% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Negative Free Cash Flow (₹-94.83 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Manaksia Steels Ltd Financial Statements
Comprehensive financial data for Manaksia Steels Ltd including income statement, balance sheet and cash flow
About MANAKSTEEL (Manaksia Steels Ltd)
Manaksia Steels Ltd is a prominent force in the iron and steel industry, carving a niche for itself through the production and distribution of specialized steel products. At the he...art of its operations lies a dedication to transforming raw materials into high-quality steel solutions. The company has developed a wide range of offerings, specifically engineered to meet the varied demands of modern manufacturing and construction. Manaksia Steels has a robust manufacturing process that produces sheets in a range of sizes and finishes. Through careful control of this process, Manaksia Steel ensures that each product meets the stringent requirements of its customers. Focusing on downstream steel processing, Manaksia Steels manufactures various coated steel products that enhance the durability and aesthetic appeal of finished goods. The company specializes in coated steel solutions that are used to enhance product and structure life spans. These are used in construction to extend longevity and cut down on costs in the future. These efforts have allowed Manaksia Steels to become a one-stop-shop for companies looking to make steel products. Manaksia Steels extends its reach beyond domestic borders, actively engaging in international trade to supply its products to a global customer base. Through strategic partnerships and a commitment to customer satisfaction, the company has established a reliable network for exporting its specialized steel solutions to various markets. The company's dedication to innovation, quality, and service positions it as a key player in the iron and steel sector, continually striving to meet the evolving needs of industries worldwide. Manaksia Steels Ltd is dedicated to providing high quality products to companies all around the world.
Company Details
Key Leadership
MANAKSTEEL Share Price: Frequently Asked Questions
What is the current share price of Manaksia Steels Ltd (MANAKSTEEL)?
As of 30 Mar 2026, 12:07 pm IST, Manaksia Steels Ltd share price is ₹45.99. The MANAKSTEEL stock has a market capitalisation of ₹411.29 (Cr) on NSE/BSE.
Is MANAKSTEEL share price Overvalued or Undervalued?
MANAKSTEEL share price is currently trading at a P/E ratio of 23.69x, compared to the industry average of 21.88x. Based on this relative valuation, the Manaksia Steels Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of MANAKSTEEL share price?
The 52-week high of MANAKSTEEL share price is ₹77.78 and the 52-week low is ₹43.60. These values are updated daily from NSE/BSE price data.
What factors affect the Manaksia Steels Ltd share price?
Key factors influencing MANAKSTEEL share price include quarterly earnings growth (Sales Growth: 155.41%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Manaksia Steels Ltd a good stock for long-term investment?
Manaksia Steels Ltd shows a 5-year Profit Growth of 7.43% and an ROE of 3.67%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.63 before investing in MANAKSTEEL shares.
How does Manaksia Steels Ltd compare with its industry peers?
Manaksia Steels Ltd competes with major peers in the Iron & Steel. Investors should compare MANAKSTEEL share price P/E of 23.69x and ROE of 3.67% against the industry averages to determine competitive standing.
What is the P/E ratio of MANAKSTEEL and what does it mean?
MANAKSTEEL share price has a P/E ratio of 23.69x compared to the industry average of 21.88x. Investors pay ₹24 for every ₹1 of annual earnings.
How is MANAKSTEEL performing according to Bull Run's analysis?
MANAKSTEEL has a Bull Run fundamental score of 38.9/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MANAKSTEEL belong to?
MANAKSTEEL operates in the Iron & Steel industry. This classification helps understand the competitive landscape and sector-specific trends affecting Manaksia Steels Ltd share price.
What is Return on Equity (ROE) and why is it important for MANAKSTEEL?
MANAKSTEEL has an ROE of 3.67%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Manaksia Steels Ltd generates profits from shareholders capital.
How is MANAKSTEEL debt-to-equity ratio and what does it indicate?
MANAKSTEEL has a debt-to-equity ratio of 0.63, which indicates moderate leverage that should be monitored.
What is MANAKSTEEL dividend yield and is it a good dividend stock?
MANAKSTEEL offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Manaksia Steels Ltd shares.
How has MANAKSTEEL share price grown over the past 5 years?
MANAKSTEEL has achieved 5-year growth rates of: Sales Growth 3.67%, Profit Growth 7.43%, and EPS Growth 7.43%.
What is the promoter holding in MANAKSTEEL and why does it matter?
Promoters hold 74.75% of MANAKSTEEL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Manaksia Steels Ltd.
What is MANAKSTEEL market capitalisation category?
MANAKSTEEL has a market capitalisation of ₹411 crores, placing it in the Small-cap category.
How volatile is MANAKSTEEL stock?
MANAKSTEEL has a beta of N/A. A beta > 1 suggests the Manaksia Steels Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MANAKSTEEL operating profit margin trend?
MANAKSTEEL has a 5-year average Operating Profit Margin (OPM) of 4.66%, indicating the company's operational efficiency.
How is MANAKSTEEL quarterly performance?
Recent quarterly performance shows Manaksia Steels Ltd YoY Sales Growth of 155.41% and YoY Profit Growth of 68.49%.
What is the institutional holding pattern in MANAKSTEEL?
MANAKSTEEL has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Manaksia Steels Ltd stock.