Manaksia Alumi. (MANAKALUCO)

Score breakdown: P/E: 1/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

Strengths

• High promoter holding of 74.87% aligns management with minority shareholders
• Price of ₹32.72 is significantly below the 52-week high of ₹68.12, offering a potential margin of safety if earnings recover
• Book value of ₹19.33 provides a tangible asset backing relative to the market price
• Sales growth of 2.07% is positive, showing some business stability

Concerns

• P/E of 29.28 with zero profit growth makes the valuation expensive on current earnings
• Debt-to-equity of 1.94 is high, increasing financial risk
• ROE of just 4.80% and Piotroski F-Score of 4/9 indicate weak fundamental health
• Latest quarter net profit of ₹2 crore on sales of ₹143 crore shows very thin margins

AI Analysis

When I look at Manaksia Alumi, I see a business that demands caution. At ₹32.72, the market cap is ₹185 crore, but the earnings power is thin. The P/E stands at 29.28, yet profit growth is flat at 0.00%. That is not a combination that excites me. A PEG ratio of 14.14 tells me the market is paying a steep price for negligible growth. The return on equity is just 4.80%, far below what I would expect from a quality franchise. The company does earn a ROCE of 10.53%, but that is achieved with a heavy debt-to-equity of 1.94 – leverage can amplify returns, but it also amplifies risk. The latest quarter shows net profit of only ₹2 crore on sales of ₹143 crore, a margin of roughly 1.4%, which is fragile. On the positive side, promoter holding is high at 74.87%, aligning ownership with minority shareholders. The book value of ₹19.33 offers some cushion, and the price is well below the 52-week high of ₹68.12, but a falling price is not automatically a bargain. The Piotroski F-Score of 4/9 signals weak financial health. This looks like a cyclical aluminium player with no clear moat, high leverage, and stagnant earnings. In Buffett's words, it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. This is not wonderful. I would keep it on the watchlist, not in the portfolio.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer