Manaksia Steels Limited Net Assets
Manaksia Steels Limited net assets. Based on the latest financial reports, Manaksia Steels Limited (MANAKSTEEL) has net assets worth Rs3.26 Billion INR (≈ $35.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.93 Billion ≈ $64.10 Million USD) and total liabilities (Rs2.67 Billion ≈ $28.84 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Manaksia Steels Limited (MANAKSTEEL) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.26 Billion |
| % of Total Assets | 55.0% |
| Annual Growth Rate | 122.21% |
| 5-Year Change | 22.53% |
| 10-Year Change | 100.8% |
| Growth Volatility | 369769.65 |
Net Assets of Manaksia Steels Limited (2013–2026)
Net assets of Manaksia Steels Limited from 2013 to 2026. This chart illustrates how Manaksia Steels Limited's net assets have evolved over time, based on quarterly financial data. See MANAKSTEEL net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Manaksia Steels Limited (2013–2026)
The table below shows the annual net assets of Manaksia Steels Limited from 2013 to 2026. For live market cap and overall valuation, see Manaksia Steels Limited (MANAKSTEEL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs3.26 Billion ≈ $35.25 Million |
+12.65% |
| 2025-03-31 | Rs2.89 Billion ≈ $31.29 Million |
-3.69% |
| 2024-03-31 | Rs3.00 Billion ≈ $32.49 Million |
+3.46% |
| 2023-03-31 | Rs2.90 Billion ≈ $31.41 Million |
+9.15% |
| 2022-03-31 | Rs2.66 Billion ≈ $28.77 Million |
+19.40% |
| 2021-03-31 | Rs2.23 Billion ≈ $24.10 Million |
+16.55% |
| 2020-03-31 | Rs1.91 Billion ≈ $20.67 Million |
+3.24% |
| 2019-03-31 | Rs1.85 Billion ≈ $20.03 Million |
+5.30% |
| 2018-03-31 | Rs1.76 Billion ≈ $19.02 Million |
+8.32% |
| 2017-03-31 | Rs1.62 Billion ≈ $17.56 Million |
+5.85% |
| 2016-03-31 | Rs1.53 Billion ≈ $16.59 Million |
+3.35% |
| 2015-03-31 | Rs1.48 Billion ≈ $16.05 Million |
+5.61% |
| 2014-03-31 | Rs1.41 Billion ≈ $15.20 Million |
+1387670.38% |
| 2013-03-31 | Rs101.25K ≈ $1.09K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Manaksia Steels Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 209553775300.0% over the analyzed period, indicating profitable operations and earnings retention.
Manaksia Steels Limited Net Assets Breakdown (March 2026)
Manaksia Steels Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.10 Billion | 64.27% |
| Common Stock | Rs65.53 Million | 2.01% |
| Other Components | Rs1.10 Billion | 33.72% |
| Total Equity | Rs3.26 Billion | 100.00% |
Manaksia Steels Limited Competitors by Market Cap
The table below lists competitors of Manaksia Steels Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinro Distillers Co. Ltd
KQ:018120
|
$83.30 Million |
|
RF Industries Ltd
NASDAQ:RFIL
|
$83.31 Million |
|
MHC Plantations Bhd
KLSE:5026
|
$83.39 Million |
|
INITECH Co. Ltd
KQ:053350
|
$83.41 Million |
|
Syntec Construction Public Company Limited
BK:SYNTEC
|
$83.26 Million |
|
PT Buana Artha Anugerah Tbk
JK:STAR
|
$83.25 Million |
|
Frontier Digital Ventures Ltd
AU:FDV
|
$83.24 Million |
|
BIEN SPAREB.AS NK 34375
F:JX0
|
$83.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manaksia Steels Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,893,633,000 to 3,259,811,000, a change of 366,178,000 (12.7%).
- Net income of 399,184,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 665,440,000.
- Other factors increased equity by 632,434,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs399.18 Million | +12.25% |
| Other Comprehensive Income | Rs-665.44 Million | -20.41% |
| Other Changes | Rs632.43 Million | +19.4% |
| Total Change | Rs- | 12.65% |
Book Value vs Market Value Analysis
This analysis compares Manaksia Steels Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 580.41x to 4.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs0.20 | Rs117.53 | x |
| 2014-03-31 | Rs42.88 | Rs117.53 | x |
| 2015-03-31 | Rs22.64 | Rs117.53 | x |
| 2016-03-31 | Rs23.40 | Rs117.53 | x |
| 2017-03-31 | Rs24.77 | Rs117.53 | x |
| 2018-03-31 | Rs26.83 | Rs117.53 | x |
| 2019-03-31 | Rs28.26 | Rs117.53 | x |
| 2020-03-31 | Rs29.17 | Rs117.53 | x |
| 2021-03-31 | Rs34.00 | Rs117.53 | x |
| 2022-03-31 | Rs40.60 | Rs117.53 | x |
| 2023-03-31 | Rs44.31 | Rs117.53 | x |
| 2024-03-31 | Rs45.83 | Rs117.53 | x |
| 2025-03-31 | Rs44.22 | Rs117.53 | x |
| 2026-03-31 | Rs24.09 | Rs117.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manaksia Steels Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.53%
- • Asset Turnover: 1.91x
- • Equity Multiplier: 1.82x
- Recent ROE (12.25%) is above the historical average (3.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -42.37% | 0.00% | 0.00x | 1.07x | Rs-53.02K |
| 2014 | 7.49% | 4.95% | 0.63x | 2.42x | Rs-35.29 Million |
| 2015 | 5.51% | 2.48% | 1.44x | 1.54x | Rs-66.59 Million |
| 2016 | 3.25% | 1.72% | 1.16x | 1.63x | Rs-103.58 Million |
| 2017 | 5.53% | 2.69% | 1.30x | 1.58x | Rs-72.57 Million |
| 2018 | 8.88% | 3.11% | 1.34x | 2.14x | Rs-19.65 Million |
| 2019 | 4.50% | 1.21% | 2.05x | 1.81x | Rs-101.90 Million |
| 2020 | 4.50% | 1.60% | 1.33x | 2.11x | Rs-105.21 Million |
| 2021 | 11.91% | 5.28% | 1.44x | 1.57x | Rs42.61 Million |
| 2022 | 13.27% | 5.78% | 1.74x | 1.32x | Rs87.12 Million |
| 2023 | 4.20% | 1.64% | 1.77x | 1.45x | Rs-168.55 Million |
| 2024 | 9.45% | 4.17% | 1.31x | 1.73x | Rs-16.61 Million |
| 2025 | 3.37% | 1.54% | 1.18x | 1.85x | Rs-191.87 Million |
| 2026 | 12.25% | 3.53% | 1.91x | 1.82x | Rs73.20 Million |
Industry Comparison
This section compares Manaksia Steels Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,040,938,729
- Average return on equity (ROE) among peers: 0.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manaksia Steels Limited (MANAKSTEEL) | Rs3.26 Billion | -42.37% | 0.82x | $83.30 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-7.34 Billion | 0.00% | 0.00x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $18.33 Billion | 19.65% | 0.85x | $6.46 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.23 Billion | 25.69% | 2.12x | $101.62 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $669.63 Million | -78.16% | 9.03x | $37.49 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.40 Billion | 1.17% | 3.29x | $117.24 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.82 Billion | 0.00% | 0.00x | $81.89 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $12.74 Million |
| Goodluck India Limited (GOODLUCK) | $786.55 Million | 20.98% | 2.40x | $184.94 Million |
| Godawari Power And Ispat limited (GPIL) | $5.08 Billion | 11.02% | 1.22x | $1.35 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.09 Million | 4.92% | 1.35x | $109.68 Million |
About Manaksia Steels Limited
Manaksia Steels Limited manufactures and sells secondary steel products in India and internationally. The company offers cold rolled sheets used for interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets applied in rural housing and factory buildings; galvanized plain sheets used in manufacturing rural housing, factory buildings, containers and w… Read more