Manaksia Ltd.
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71.55 -1.45 ▼-2.0%

03 August 2021, 03:30:00 P.M.
Volume: 24,319

Overview View Details

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Website http://www.manaksia.com
Financial Indicators
Market Cap 478.40 Cr.
Earnings per share (EPS) 9.10 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 8.02 Trailing Twelve Months Ending 2021-03
Industry PE 118.44 Trailing Twelve Months Ending 2021-03
Book Value / Share 145.90 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.50 Calculated using Price: 73.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 6.55 Cr. 65,534,050 Shares
FaceValue 2
Company Profile

Manaksia Limited (formerly Hindusthan Seals Ltd., incorporated in 1984) is a multi-division and multi-location conglomerate. The company was promoted by Basant Kumar Agrawal and Suresh Kumar Agrawal. It is headquartered in Kolkata, India, and its shares are listed on the Bombay Stock Exchange, the National Stock Exchange and the Calcutta Stock Exchange.

Manaksia specialises in the manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others. Its metal packaging products include crowns, roll-on pilfer-proof closures, expanded polyethylene liners as well as push-open and other metal containers.

The company has now diversified into the production of aluminium rolled products, secondary specification aluminium alloys and galvanised steel.

In the fast moving consumer goods segment, the company is a dependable mosquito repellents outsourcing destination for Mortein (owned by Reckitt Benckiser (India) Limited) and Maxo (owned by Jyothy Laboratories) brands. The company has now diversified into the production of aluminium rolled products, secondary specification aluminium alloys and galvanised steel. It possesses 15 manufacturing plants in India and three abroad; two in Nigeria and one in Ghana.

Product range of the company includes:

  • Roll On Pilfer Proof (ROPP) Closures- made of high quality aluminium are internationally accepted sealing devices, fitted on glass, plastic and metal containers for prevention of pilferage. Used for liquors, medicines, non-carbonated fruit drinks, hair oils and other consumer products. It produce Deep Drawn ROPP Closures, Side Chamferred ROPP Closures and Side Decorated Extra Deep Drawn (Steel Cap Type) ROPP Closures.
  • Crown- These closures are made with moulded PVC and dry blend lining. These are widely used by almost all brand leaders of soft drinks and beer in India.
  • Metal Container- Push Open Type Metal Containers for Shoe Polish, Other metal containers are manufactured from quality aluminium with great precision and skill on order from premier companies manufacturing face creams, balms and ointments and it also produce Tea Caddies for preserving the 'garden freshness' of Indian tea.
  • Mosquito Repellant Coil- under the brand name 'MORTEIN' with the support of Reckitt Benckiser (India) Limited and also mosquito coil stand
  • Aluminium products- Aluminium sheets and coils, roofing and flooring sheet, aluminium alloy ingot, prefabricated shelter.
  • Steel products- CRcoil/ sheet, hot dipped galvanized steel, prepainted profile sheet.

Subsidiaries:

  • The company’s wholly owned subsidiary in Nigeria, MINL Limited, was set up in 1996 and is the market leader in ROPP caps and crown corks in Nigeria. It has also set up facilities for the manufacture of galvanised steel, metal colour coated sheets and coils and secondary specification aluminium alloys.
  • The company also has subsidiary companies in Ghana (Dynatech Industries Ghana Limited) and Dubai (Euroasian Ventures FZE).

Milestones of the company:

  • 2008: The Company declares its IPO.
  • 2005-06: Commencement of commercial production at Kutch.
  • 2004-05: Expansion of product horizon at Nigeria, facilities for Continuous Galvanising and manufacture of Aluminium Alloy Ingots set up.
  • 2003-04: Manufacture of mosquito coils starts at Assam. Hindusthan Seals Limited the second largest manufacturer of mosquito coils in the world.Hindusthan Seals Limited renamed Manaksia Limited. Trial production starts in Aluminium Rolling Mill at Haldia.
  • 2002-03: Mark Steels Limited, a wholly owned subsidiary of Hindusthan Seals Limited for setting up an integrated steel complex at Purulia, inaugurates manufacturing facilities of 100 TPD of sponge iron.Metal profiling line set up through a subsidiary, Dynatech Industries Ghana Limited at Ghana.
  • 2001-02: Facilities for manufacture of Mosquito Coils set up at Bhopal.Manufacture of Corrugated Cardboard Boxes commences at Hyderabad.Assam, Haldia and Kutch projects visualised and work commences. Commercial production at Assam factory starts.Facilities for manufacture of value-added Aluminium products and Continuous Galvanising Line set up at Bankura.
  • 2000: Facilities for manufacture of mosquito coils set up at Bankura.Hindusthan Seals Limited - the largest manufacturer of ROPP caps and closures in Asia.
  • 1999: Manufacturing unit set up at Bankura for manufacture of ROPP caps and mosquito coil stands.Facilities for manufacture of Mosquito Coils set up at Hyderabad.
  • 1997-98: New Unit of Manaksia Closures Private Limited for manufacture of crown closures set up at Hyderabad.New factory of Manaksia Crowns Private Limited set up at Silvassa for manufacture of crown closures.Facilities for printing of metal sheets and manufacture of stands for mosquito coils set up at Liluah.Manaksia Crowns Private Limited, Manaksia Closures Private Limited and Kunststoff Polymers Private Limited merged with Hindusthan Seals Limited.
  • 1996: Manaksia Industries Private Limited commences business initially though trading operations and then manufacturing of ROPP caps and crown closures start.
  • 1995: Overseas operations visualised at Nigeria under the name and style of Manaksia Industries Nigeria Limited.
  • 1994: Auro Enterprises Private Limited, Manaksia Containers Private Limited, R.K. Aluminium Private Limited and Mandwara Polymer Chemie Private Limited are merged with Hindusthan Seals Limited.
  • 1991-92: Kunststoff Polymers Private Limited commences manufacture of Expanded Polyethylene wads at Bhopal.
  • 1989-90: Manaksia Crowns Private Limited commences manufacture of ROPP caps and crowns at Bhopal.
  • 1988-89: Operations commence at Mandwara Polymer Chemie Private Limited factory at Haripal for the manufacture of printing ink, lacquers and varnishes.Work for setting up of new factories of Manaksia Closures Private Limited and Kunststoff Polymers Private Limited, starts at Bhopal.
  • 1986-87: Facilities of Manaksia Crowns Private Limited for manufacture of Crown Closures and facilities of Auro Enterprises Private Limited for manufacture of PP caps and printing of metal sheets, set up at Hyderabad.
  • 1984-85: Hindusthan Seals Limited incorporated as a public limited company in December 1984 to take over the assets of the proprietorship firm Hindusthan Seals. First Directors, Shri B.K. Agrawal, Shri S.K. Agrawal and Shri B.D. Agrawal. Shares of the company are listed in the Calcutta Stock Exchange.Kunststoff Polymers Private Limited, Auro Enterprises Private Limited, Manaksia Crowns Private Limited, Manaksia Closures Private Limited, Mandwara Polymer Chemie Private Limited incorporated as private limited companies.Madras (Chennai) Branch of Hindusthan Seals Limited set up.
  • 1982-83: The Delhi Branch of Hindusthan Seals set up.R.K. Aluminium Private Limited commences business in rolling of stainless steel.Manaksia Containers Private Limited commences business in manufacture of PP caps and metal containers.Aluminium & Allied Products, a proprietorship firm set up by Shri Sunil Kumar Agrawal for manufacture of stainless steel utensils at 114/99, S.N. Roy Road, Kolkata.
  • 1980-81: R.K. Aluminium Private Limited incorporated for installation of rolling mill for stainless steel at 114/99, S.N. Roy Road, Kolkata.Manaksia Containers Private Limited incorporated for manufacture of ROPP caps and metal containers at 15, B.K. Paul Temple Road, Belur, Howrah. The Hyderabad Branch of Hindusthan Seals set up. 
  • 1979: Shri B.K. Agrawal and others incorporate a private limited company under the name and style of Manaksia India (Pvt.) Limited for trading in ROPP caps. The Bombay (Mumbai) Branch of Hindusthan Seals set up.
  • 1978: Howrah Sheet & Engineering, a proprietorship firm set up by Shri M.P. Agrawal for manufacture of ROPP caps at 211, S.N. Roy Road, Kolkata.Hindusthan Sheets and Metal Works, a proprietorship firm set up by Shri B.D. Agrawal for manufacture of ROPP caps at 211, S.N. Roy Road, Kolkata. Hind Supply & Manufacturing Corporation, a proprietorship firm set up by Shri S.K. Agrawal for manufacture of ROPP caps at 211, S.N. Roy Road, Kolkata.The Bangalore Branch of Hindusthan Seals set up. 
  • 1972: Shri Basant Kumar Agrawal, an entrepreneur and visionary par excellence sets up Hindusthan Seals, a proprietorship firm at 95/1, Dharmatala Road, Salkia, Howrah for the manufacture of ROPP caps.

Awards/Achievements

The company is ISO 9001:2000 certified, it also confirm with the quality standards of KSA 9002 and ISO 9002.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.99%
1 Week
+3.55%
1 Month
+11.10%
3 Month
+25.31%
6 Month
+36.55%
1 Year
+111.69%
2 Year
+130.81%
5 Year
+38.80%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 11.31 14.31 16.16 9.52 8.16 10.00 10.64 7.35 6.07
Return on Capital Employed (%) 12.40 14.68 15.87 11.19 9.41 11.25 13.90 9.99 9.05
Return on Assets (%) 5.91 8.09 10.57 7.25 6.57 7.48 7.81 6.10 5.09

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,096 1,275 1,089 1,093 1,206 817 990 1,053 959
Non Curr. Liab. 231 193 77 45 45 44 47 49 47
Curr. Liab. 697 684 277 264 179 394 144 153 105
Minority Int. 2 11 9 10 11 11 13 14 17
Equity & Liab. 2,027 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128
Non Curr. Assets 906 896 465 475 508 269 321 342 281
Curr. Assets 1,118 1,267 988 937 933 997 872 926 847
Misc. Exp. not W/O 3
Total Assets 2,027 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,944 2,109 1,679 1,128 1,099 1,041 986 990 856
Other Income 23 10 7 4 4 5 96 66 63
Total Income 1,967 2,119 1,686 1,132 1,103 1,046 1,082 1,056 919
Total Expenditure -1,665 -1,743 -1,356 -928 -918 -865 -895 -906 -784
PBIDT 301 376 330 204 185 181 188 151 135
Interest -59 -55 -37 -28 -21 -17 -18 -10 -6
Depreciation -83 -105 -93 -62 -60 -48 -44 -44 -42
Taxation -5 -15 -9 -9 -10 -15 -30 -22 -27
Exceptional Items -36 -32
PAT 118 169 191 104 94 101 96 75 61

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 286 176 116 113 262 481 279 -5 -37
Cash Fr. Inv. -165 -96 -75 -73 -92 -33 -335 -18 243
Cash Fr. Finan. -136 -76 -70 36 -121 53 -188 -33 -97
Net Change -15 4 -30 76 49 501 -244 -56 109
Cash & Cash Eqvt 31 35 34 23 104 354 142 116 160

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 72.03 72.91 72.91 72.91 72.91 74.93 74.93 74.93 74.93
Public 27.97 27.09 27.09 27.09 27.09 25.07 25.07 25.07 25.07
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Manaksia Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 12 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We are enclosing herewith certificate received from M/s. Link Intime India Private Limited Registrar and Transfer Agent (RTA) pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021
Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- PRADIP KUMAR KANDAR
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Mon, 02 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week High Close Crossing Last Week High
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below

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