This article aims to provide an in-depth analysis of Manaksia share price target 2025, examining various factors that could influence its market performance throughout the year.
Manaksia Limited, a company with a robust presence in India, Nigeria, and Ghana, is a diversified manufacturer of value-added steel products, aluminum products, and packaging materials.
Manaksia Share Price Target 2025
Predicting the share price for Manaksia in 2025 involves analyzing market trends, company performance, and industry dynamics. Below is a month-by-month projection of Manaksia’s share price for 2025.
Average Monthly Growth Calculation:
Given the recent growth of 29.88% over the past year:
- Monthly Growth Rate: 29.88% / 12 ≈ 2.49%
Assuming a similar growth pattern continues, here are the projected monthly targets:
Projected Monthly Targets (Linear Growth):
- December 2025: ₹75.11 * (1 + 2.49%) ≈ ₹77.28
- January 2025: ₹56.11 * (1 + 2.49%) ≈ ₹57.52
- February 2025: ₹57.52 * (1 + 2.49%) ≈ ₹59.00
- March 2025: ₹59.00 * (1 + 2.49%) ≈ ₹60.53
- April 2025: ₹60.53 * (1 + 2.49%) ≈ ₹62.12
- May 2025: ₹62.12 * (1 + 2.49%) ≈ ₹63.77
- June 2025: ₹63.77 * (1 + 2.49%) ≈ ₹65.48
- July 2025: ₹65.48 * (1 + 2.49%) ≈ ₹67.26
- August 2025: ₹67.26 * (1 + 2.49%) ≈ ₹69.11
- September 2025: ₹69.11 * (1 + 2.49%) ≈ ₹71.03
- October 2025: ₹71.03 * (1 + 2.49%) ≈ ₹73.03
- November 2025: ₹73.03 * (1 + 2.49%) ≈ ₹75.11
Company Overview
Product Profile
Manaksia’s diverse product portfolio includes:
- Roll-on Pilfer Proof Closures: These aluminum closures are designed to prevent tampering and are used on glass and plastic bottles.
- Crown Closures: Made from steel with a protective coating to resist corrosion, these closures are widely used by the brewing and carbonated beverage industries.
- Aluminum Products: Manaksia produces color-coated aluminum sheets and coils for roofing and cladding, along with aluminum alloy ingots for the automotive industry.
- Steel Products: The company manufactures hot-dipped galvanized steel and pre-painted profiled sheets, marketed under the ‘Sumo’ brand.
- Paper: Kraft paper for packaging applications is another significant product line.
International and Domestic Subsidiaries
Manaksia operates several subsidiaries, including:
- MINL Limited (Nigeria): Produces steel and metal packaging products.
- Jebba Paper Mills Limited (Nigeria): The only fully operational paper mill in Western Africa, producing white and kraft paper.
- Dynatech Industries Ghana Limited (Ghana): Manufactures value-added steel products.
- Mark Steels Limited (India): Engaged in the production of direct reduced iron and sponge iron.
Production Capacity and Utilization
- ROPP Closures: 500 million pieces annually.
- Crown Closures: 2.4 billion pieces annually.
- Roofing Sheets: 100,000 TPA.
- Aluminum Sheets: 12,000 TPA.
- Packaging Paper: 72,000 MTPA.
In FY23, Manaksia increased its capacity utilization in the paper segment by approximately 30%.
Financial Performance
Revenue Breakdown FY23
- Sale of Goods: 94%
- Income from Non-current Investment: 1%
- Income from Current Investment: 5%
Segment Revenue FY23
- Metal Products: 74%
- Packaging Products: 26%
Geographical Revenue Split FY23
- Overseas: 78%
- Domestic: 22%
Quarterly Results Overview
Below is a summary of Manaksia’s quarterly results, showcasing sales, expenses, operating profit, and net profit over recent quarters.
| Quarter | Sales (Rs. Crores) | Expenses (Rs. Crores) | Operating Profit (Rs. Crores) | Net Profit (Rs. Crores) |
|---|---|---|---|---|
| Mar 2021 | 234 | 218 | 16 | 4 |
| Jun 2021 | 273 | 231 | 42 | 33 |
| Sep 2021 | 236 | 198 | 38 | 33 |
| Dec 2021 | 306 | 242 | 64 | 50 |
| Mar 2022 | 359 | 275 | 83 | 70 |
| Jun 2022 | 309 | 256 | 52 | 13 |
| Sep 2022 | 262 | 234 | 27 | 25 |
| Dec 2022 | 289 | 262 | 27 | 32 |
| Mar 2023 | 306 | 266 | 39 | 38 |
| Jun 2023 | 236 | 206 | 30 | 22 |
| Sep 2023 | 199 | 173 | 25 | 24 |
| Dec 2023 | 152 | 131 | 21 | 17 |
| Mar 2024 | 115 | 95 | 19 | 15 |
Conclusion
Manaksia Limited’s diverse product portfolio, strategic international presence, and strong financial performance position it well for growth in 2025.
By focusing on expanding its capacity and optimizing its product offerings, Manaksia is poised to achieve significant milestones, making it a promising investment opportunity for the coming year.
Investors should keep a close watch on the company’s quarterly results and market conditions to make informed decisions.
With careful monitoring and strategic planning, Manaksia share price target 2025 looks optimistic, providing potential for substantial returns.