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MANIKA PLASTECH LIMITED MANIKA NSE

Consumer Cyclical · Packaging & Containers · India
https://manikaplastech.com
Company Profile ↓
₹41.37
-4.10% 1Y
Mkt Cap₹482.01 Cr
P/E21.79
P/B3.27
52W High₹43.14
52W Low₹41.37
Book Value₹12.67
EPS (TTM)₹1.92

Company Overview

Manika Plastech Limited manufactures and sell polymer packaging products in India. The company offers precision battery casings, injection moulded plastic pail buckets, thinwall containers, water bottles, and detergent containers. It also provides painting services for plastic automotive components. The company's products are used in various industries applications, such as automotive, energy storage, railways, telecommunications, power back-up, paints, chemicals, coating, lubricants, agrochemicals, food, and dairy and edible food products. The company was incorporated in 1996 and is based in Mumbai, India. Manika Plastech Limited is a subsidiary of VRIDAA Holding Trust.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 16.4%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 22.2%.

Consistent Profit Growth

Net profit has compounded at 25.6% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 21.8, below the sector median of 26.1.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹435.52 Cr (+7.3% YoY); net profit ₹22.40 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +7.3%, earnings +15.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR 3.2%, profit CAGR 25.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:3.22%
1 Year:7.28%

Compounded Profit Growth

5 Years:25.55%
1 Year:15.89%

Stock Price Performance

1 Year:-4.10%
6 Months:-
3 Months:-
1 Month:-

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot
52-Week Range 0% of range
₹41.37 ₹43.14
Price Performance
1Y-4.10%
Valuation vs Sector

P/E of 21.79 is below the sector median of 26.12 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Healthy ROCE of 22.2%.
  • Profit CAGR of 25.6% over 5 years.
  • Generates positive free cash flow.

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
21.79
Industry PE
26.12
Forward P/E est.
18.80
PEG Ratio
-
Book Value
₹12.67
Price to Book
3.27
P/S
-
EV/EBITDA
8.89
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
3.22%
Profit 5Y
25.55%
Revenue (YoY)
7.28%
Earnings (YoY)
15.89%

Profitability & Returns

ROCE
22.21%
ROE
16.42%
ROA
8.64%
Profit Margin
5.14%
Op Margin
13.01%
Gross Margin
33.63%
EPS (Latest Qtr)
₹1.12
EPS (TTM)
₹1.92

Balance Sheet & Liquidity

Debt/Equity
0.64
Quick Ratio
0.49
Current Ratio
1.13
Debt
₹100.72 Cr
Total Assets
₹317.00 Cr
Current Assets
₹145.48 Cr
Working Capital
₹17.26 Cr

Ownership

Promoter Holding
-
Chg in Prom Hold
-
FII / Inst Holding
-
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹497.83 Cr
Total Revenue (TTM)
₹435.98 Cr
EBITDA
₹56.00 Cr
Free Cash Flow
₹8.95 Cr
Operating Cash Flow
₹44.30 Cr
Shares Outstanding
₹11.65 Cr
Gross Margin
33.63%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MANIKA MANIKA PLASTECH LIMITED NSE 41.37 21.79 ₹482.01 Cr 0.00% 22.21% 16.42% 3.22% 25.55%
2 TITAN Titan Company Limited NIFTY50NSE 4,819.50 74.34 ₹4.28 L Cr 0.30% 38.43% 32.31% 29.24% 16.00%
3 MARUTI Maruti Suzuki India Limited NIFTY50NSEAI 12,008.00 26.31 ₹3.78 L Cr 1.11% 17.22% 13.70% 15.90% 21.11%
4 M&M Mahindra & Mahindra Limited NIFTY50NSEAI 2,995.00 18.23 ₹3.60 L Cr 1.04% 17.14% 18.37% 17.50% 18.48%
5 ETERNAL Eternal Limited NSEAITECH 330.95 735.44 ₹3.05 L Cr 0.00% 2.86% 1.18% 97.70% 45.90%
6 BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE 11,024.00 26.21 ₹3.03 L Cr 1.26% 26.12% 27.67% 19.49% 21.03%
7 EICHERMOT Eicher Motors Limited NIFTY50NSEAI 7,213.50 34.36 ₹1.98 L Cr 1.06% 26.43% 21.97% 17.47% 23.70%
8 TVSMOTOR TVS Motor Company Limited NSE 4,095.00 56.62 ₹1.94 L Cr 0.29% 28.82% 31.56% 20.21% 31.46%
9 MOTHERSON Samvardhana Motherson International Limited NSEAI 162.37 39.03 ₹1.71 L Cr 0.31% 11.50% 9.42% 17.10% 37.17%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2025Jun 2026
Revenue 110.79 Cr162.17 Cr
Cost of Revenue 89.66 Cr122.45 Cr
Gross Profit 21.13 Cr39.73 Cr
Operating Expenses 8.63 Cr18.66 Cr
Operating Income 12.50 Cr21.07 Cr
EBITDA 12.20 Cr23.24 Cr
Interest Expense 9.10 L2.06 Cr
Pretax Income 8.88 Cr17.56 Cr
Tax Provision 1.24 Cr4.48 Cr
Net Income 7.64 Cr13.07 Cr
Diluted EPS -1.12

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -396.00 Cr360.39 Cr405.96 Cr435.52 Cr
Cost of Revenue -306.05 Cr273.34 Cr305.90 Cr324.80 Cr
Gross Profit -89.95 Cr87.05 Cr100.06 Cr110.72 Cr
Operating Expenses -67.10 Cr62.96 Cr58.77 Cr66.26 Cr
Operating Income -22.86 Cr24.09 Cr41.30 Cr44.46 Cr
EBITDA -36.03 Cr35.06 Cr48.47 Cr55.39 Cr
Interest Expense -7.28 Cr5.58 Cr10.49 Cr11.02 Cr
Pretax Income -16.00 Cr16.36 Cr25.43 Cr30.43 Cr
Tax Provision -4.68 Cr4.83 Cr6.10 Cr8.03 Cr
Net Income -11.32 Cr11.53 Cr19.33 Cr22.40 Cr
Diluted EPS 0.860.970.991.66-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -217.86 Cr252.93 Cr320.99 Cr323.69 Cr
Current Assets -112.86 Cr106.30 Cr159.46 Cr154.35 Cr
Cash & Equivalents -34.10 L25.50 L1.08 Cr26.20 L
Inventory -42.48 Cr39.46 Cr64.66 Cr60.81 Cr
Receivables -56.59 Cr44.88 Cr60.91 Cr65.77 Cr
Total Liabilities -119.60 Cr144.93 Cr195.81 Cr176.07 Cr
Current Liabilities -107.05 Cr104.23 Cr155.11 Cr137.09 Cr
Long Term Debt -3.60 Cr25.96 Cr23.49 Cr20.74 Cr
Total Debt -66.88 Cr100.15 Cr107.18 Cr96.97 Cr
Total Equity -98.26 Cr108.00 Cr125.17 Cr147.62 Cr
Shares Outstanding -11.65 Cr11.65 Cr11.65 Cr11.65 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -37.93 Cr35.42 Cr36.88 Cr44.30 Cr
Investing Cash Flow --21.27 Cr-53.29 Cr-23.05 Cr-18.72 Cr
Financing Cash Flow --16.82 Cr17.78 Cr-13.00 Cr-26.39 Cr
Capital Expenditure --21.53 Cr-54.01 Cr-23.49 Cr-18.95 Cr
Free Cash Flow -16.40 Cr-18.59 Cr13.39 Cr25.35 Cr
Net Change in Cash --16.20 L-8.60 L82.10 L-81.40 L

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -22.7%24.2%24.6%25.4%
Operating Margin % -5.8%6.7%10.2%10.2%
Net Margin % -2.9%3.2%4.8%5.1%
ROE % -11.5%10.7%15.4%15.2%
ROCE % -20.6%16.2%24.9%23.8%

Analyst View

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Latest News

Recent headlines for MANIKA

Google News ue, 22 Sep 2026

Operating cash flow per share of Manika Plastech Limited – NSE:MANIKA - TradingView

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Google News Mon, 28 Sep 2026

Manika Plastech closes trading window from Oct 1 ahead of Q2FY27 results - scanx.trade

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Google News ue, 29 Sep 2026

Manika Plastech Target Share Price, Manika Plastech Share Price Forecast - The Economic Times

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Google News Mon, 28 Sep 2026

MANIKA Share Price Today - MANIKA PLASTECH LIMITED Stock Price Live NSE/BSE - Univest

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Google News Fri, 25 Sep 2026

Manika Plastech Ltd. Share Price Today - Manika Plastech Ltd. Stock Price Live NSE/BSE - CNBC TV18

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Google News Mon, 21 Sep 2026

Manika Plastech shares list flat at IPO price; should you buy, sell or hold? - Moneycontrol.com

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MANIKA — Frequently Asked Questions

What is the current share price of MANIKA PLASTECH LIMITED (MANIKA)?

As of 2026-09-30 05:11 IST, MANIKA PLASTECH LIMITED (MANIKA) trades at ₹41.37 on NSE. Its 52-week range is ₹41.37 to ₹43.14.

What is the market capitalisation of MANIKA?

MANIKA PLASTECH LIMITED (MANIKA) has a market capitalisation of ₹482.01 Cr on NSE.

What is the P/E ratio of MANIKA?

MANIKA trades at a trailing price-to-earnings (P/E) ratio of 21.79. The industry average P/E is 26.12. Its price-to-book (P/B) ratio is 3.27.

What is the return on equity (ROE) of MANIKA?

MANIKA has a return on equity (ROE) of 16.42%. Its return on capital employed (ROCE) is 22.21%.

Is MANIKA a good stock to buy?

This page provides a data-driven analysis of MANIKA PLASTECH LIMITED (MANIKA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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