Manaksia Steels Limited (MANAKSTEEL) - Net Assets
Based on the latest financial reports, Manaksia Steels Limited (MANAKSTEEL) has net assets worth Rs3.04 Billion INR (≈ $32.89 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.69 Billion ≈ $61.48 Million USD) and total liabilities (Rs2.64 Billion ≈ $28.59 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. Check how resilient are Manaksia Steels Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.04 Billion |
| % of Total Assets | 53.5% |
| Annual Growth Rate | 135.15% |
| 5-Year Change | 29.86% |
| 10-Year Change | 88.68% |
| Growth Volatility | 383529.91 |
Manaksia Steels Limited - Net Assets Trend (2013–2025)
This chart illustrates how Manaksia Steels Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Manaksia Steels Limited for the complete picture of this company's asset base.
Annual Net Assets for Manaksia Steels Limited (2013–2025)
The table below shows the annual net assets of Manaksia Steels Limited from 2013 to 2025. For live valuation and market cap data, see Manaksia Steels Limited (MANAKSTEEL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 169566475300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.70 Billion | 58.59% |
| Common Stock | Rs65.53 Million | 2.26% |
| Other Comprehensive Income | Rs665.44 Million | 23.00% |
| Other Components | Rs467.39 Million | 16.15% |
| Total Equity | Rs2.89 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 |
|---|---|
|
Sachem Capital Corp
NYSE MKT:SACH
|
$49.41 Million |
|
Tadir-Gan (Precision Products) 1993 Ltd
TA:TDGN
|
$49.41 Million |
|
IGLOO SECURITY Inc
KQ:067920
|
$49.42 Million |
|
Matrix Composites & Engineering Ltd
AU:MCE
|
$49.43 Million |
|
5TH PLANET GAMES DK -50
F:2HG1
|
$49.39 Million |
|
Ibase Gaming
TWO:6441
|
$49.39 Million |
|
VirTra Inc
NASDAQ:VTSI
|
$49.38 Million |
|
Yufo Electronics Co Ltd
TWO:6194
|
$49.38 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 2024 to 2025, total equity changed from 3,004,431,000 to 2,893,633,000, a change of -110,798,000 (-3.7%).
- Net income of 97,498,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 207,820,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs97.50 Million | +3.37% |
| Other Comprehensive Income | Rs-207.82 Million | -7.18% |
| Other Changes | Rs-476.00K | -0.02% |
| Total Change | Rs- | -3.69% |
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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 344.21x to 1.58x 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 | Rs69.70 | x |
| 2014-03-31 | Rs42.88 | Rs69.70 | x |
| 2015-03-31 | Rs22.64 | Rs69.70 | x |
| 2016-03-31 | Rs23.40 | Rs69.70 | x |
| 2017-03-31 | Rs24.77 | Rs69.70 | x |
| 2018-03-31 | Rs26.83 | Rs69.70 | x |
| 2019-03-31 | Rs28.26 | Rs69.70 | x |
| 2020-03-31 | Rs29.17 | Rs69.70 | x |
| 2021-03-31 | Rs34.00 | Rs69.70 | x |
| 2022-03-31 | Rs40.60 | Rs69.70 | x |
| 2023-03-31 | Rs44.31 | Rs69.70 | x |
| 2024-03-31 | Rs45.83 | Rs69.70 | x |
| 2025-03-31 | Rs44.22 | Rs69.70 | 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): 3.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.85x
- Recent ROE (3.37%) is above the historical average (3.04%), 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 |
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: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manaksia Steels Limited (MANAKSTEEL) | Rs3.04 Billion | -42.37% | 0.87x | $49.40 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 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 containers and water tanks; and pre-painted galvan… Read more