Manaksia Ltd

Manaksia Ltd maintains a relatively strong liquidity position, with a current ratio of 4.9, indicating that the company has nearly five times more current assets than current liabilities. However, the company's net cash position is negative after subtracting total debt, which suggests potential liquidity constraints despite the high current ratio. The company's debt-to-equity ratio is 0.13, reflecting a conservative capital structure with limited leverage.

In terms of profitability, Manaksia Ltd reports a return on equity (ROE) of 2.58% and a return on assets (ROA) of 1.96%. These figures are below the industry median for aluminum mining companies, indicating that the company is underperforming relative to its peers in terms of capital efficiency and asset utilization. The company's operating income of INR 67.24 million is significantly lower than its gross profit of INR 422.09 million, suggesting high operating expenses or inefficiencies in cost management.

Manaksia Ltd's revenue is concentrated in a single business segment, as disclosed in its latest financial report. There is no geographic diversification information provided in the available data, but the company's operations are likely centered in India, given the ticker symbol and the currency used in financial reporting. This lack of diversification may expose the company to regional economic and regulatory risks.

The company's growth trajectory appears modest, with no specific revenue growth projections provided in the available data. However, the company's capital expenditure of INR -13.01 million suggests a reduction in investment in new projects or infrastructure, which could limit future growth potential. The operating cash flow of INR 1,347.31 million indicates that the company is generating sufficient cash from operations to support its current activities.

The risk assessment for Manaksia Ltd highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could pose a challenge in maintaining liquidity under stress scenarios. There is no indication of recent dilutive events, and the number of shares outstanding remains unchanged between basic and diluted shares.

Recent events related to Manaksia Ltd are not detailed in the available data. The company's latest financial filing does not include specific information on recent regulatory changes, market developments, or strategic initiatives that could impact its operations or financial performance.

Cash conversion of 9.5 is best-in-class, vastly outperforming the aluminum cohort median of 0.8.

Debt-to-equity ratio of 0.13 is above the 75th percentile, indicating a conservative capital structure relative to peers.

Capex to revenue ratio of -1.1% is above the 75th percentile, suggesting lower capital intensity than most peers.

Dilution risk is assessed as low, providing some protection to existing shareholders against equity erosion.

Revenue declined 4.0% annually over four years, indicating a persistent long-term contraction in top-line growth.

Operating margin of 0.6% sits in the bottom quartile, lagging the aluminum cohort median of 4.0%.

Credit risk is flagged as high, suggesting significant potential for financial distress or default issues.

Revenue INR 7.02B, −39,8% YoY; Operating income −57,3% YoY.

• ▍Revenue INR 7.02B, −39,8% YoY
• ▍Operating income −57,3% YoY
• ▍Net income −29,3% YoY
• ▍Free cash flow −31,6% YoY
• ▍Net margin 10.8%

Revenue INR 11.65B, −0,7% YoY; Operating income −38,1% YoY.

• ▍Revenue INR 11.65B, −0,7% YoY
• ▍Operating income −38,1% YoY
• ▍Net income −41,6% YoY
• ▍Free cash flow −48,0% YoY
• ▍Net margin 9.2%

Revenue INR 11.74B, +36,4% YoY; Operating income +172,6% YoY.

• ▍Revenue INR 11.74B, +36,4% YoY
• ▍Operating income +172,6% YoY
• ▍Net income +206,9% YoY
• ▍Free cash flow +109,8% YoY
• ▍Net margin 15.6%

Revenue INR 8.61B; Operating income INR 752.9M.

• ▍Revenue INR 8.61B
• ▍Operating income INR 752.9M
• ▍Net margin 6.9%