---
title: "Manika Plastech Ltd (1286161) — Share Price, Financials & Analysis"
symbol: "1286161"
company: "Manika Plastech Ltd"
canonical: "https://tapetide.com/stocks/1286161"
isin: "INE0KWF01020"
nse_symbol: "MANIKA"
bse_code: "544929"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 605.98
generated_at: "2026-10-13T11:00:53.868Z"
---

# Manika Plastech Ltd (1286161)

Canonical page: https://tapetide.com/stocks/1286161

## Company

- **NSE Symbol:** MANIKA
- **BSE Code:** 544929
- **ISIN:** INE0KWF01020
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Listed Since:** 2026-09-21
- **Face Value:** ₹2
- **F&O Eligible:** No

## About

Incorporated in 1996, Manika Plastech 
Limited is engaged in the manufacturing 
of rigid polymer packaging products, 
including battery casings, pails, and 
thin-wall containers.[1]

## Latest Price

- **Price:** ₹52.01
- **Change:** -3.1 (-5.63%)
- **Open:** ₹55.51
- **Day High:** ₹56
- **Day Low:** ₹49.76
- **Previous Close:** ₹55.11
- **Volume:** 3166522
- **As Of:** 2026-10-13T10:29:55+00:00

## Key Fundamentals

Price-based figures as of 2026-10-13T15:59:55+05:30.

Observed at 2026-10-13T04:33:29.072702Z.

- **Market Cap:** ₹605.98 Cr
- **Classification:** Microcap
- **Book Value:** ₹20.61
- **Price to Book:** 2.52
- **Dividend Yield:** 0%
- **ROE:** 15.18%
- **ROCE:** 24.37%
- **Debt to Equity:** 0.66
- **Revenue (yearly):** ₹437.3 Cr
- **Net Income:** ₹22.4 Cr
- **EBITDA:** ₹59.4 Cr
- **52-Week High:** ₹61.25
- **52-Week Low:** ₹39.71
- **RSI (14):** 71.08

## Key Insights

### Strengths

- Company has delivered good profit growth of 26.4% CAGR over last 5 years

### Weaknesses

- The company has delivered a poor sales growth of 10.2% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 20.12% | 40.06% | 57.09% |
| ebitda margin growth | 9.07% | 29.06% | 41.56% |
| net income growth | 16.06% | 22% | 26% |
| revenue growth | 5.99% | 3% | 10% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 268 | 333 | 396 | 361 | 406 | 436 |
| Expenses | 243 | 302 | 362 | 330 | 361 | 378 |
| Operating Profit | 25 | 32 | 34 | 31 | 45 | 58 |
| OPM % | 9 | 9 | 9 | 9 | 11 | 13 |
| Other Income | 0 | 0 | 2 | 8 | 6 | 1 |
| Interest | 6 | 7 | 7 | 9 | 13 | 15 |
| Depreciation | 10 | 10 | 11 | 13 | 13 | 14 |
| Profit before tax | 10 | 15 | 18 | 16 | 25 | 30 |
| Tax % | 27 | 30 | 30 | 30 | 24 | 26 |
| Net Profit | 7 | 11 | 12 | 12 | 19 | 22 |
| EPS in Rs | 3.5 | 5.7 | 6.51 | 6.07 | 2.03 | 4480 |
| Dividend Payout % | 0 | 0 | 23 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 20 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 78 | 77 | 87 | 89 | 106 | 129 |
| Borrowings | 52 | 63 | 55 | 100 | 107 | 97 |
| Other Liabilities | 36 | 35 | 46 | 45 | 89 | 79 |
| Total Liabilities | 186 | 194 | 207 | 253 | 321 | 324 |
| Fixed Assets | 71 | 79 | 84 | 126 | 153 | 156 |
| CWIP | 2 | 3 | 8 | 15 | 3 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 114 | 112 | 115 | 112 | 165 | 161 |
| Total Assets | 186 | 194 | 207 | 253 | 321 | 324 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | 28 | 40 | 32 | 37 | 44 |
| Cash from Investing Activity | -10 | -19 | -21 | -53 | -23 | -19 |
| Cash from Financing Activity | -7 | -9 | -18 | 22 | -13 | -26 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | -1 |
| Free Cash Flow | 7 | 9 | 18 | -22 | 14 | 25 |
| CFO/OP | 70 | 99 | 124 | 109 | 95 | 87 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 81 | 65 | 48 | 45 | 55 | 55 |
| Inventory Days | — | 64 | 54 | 57 | 86 | 77 |
| Days Payable | — | 37 | 41 | 22 | 45 | 34 |
| Cash Conversion Cycle | 81 | 92 | 61 | 80 | 95 | 98 |
| Working Capital Days | 37 | 21 | 17 | 2 | 3 | 14 |
| ROCE % | — | 14 | 16 | 14 | 18 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2025 | Sep 2026 |
| --- | --- | --- |
| Promoters | 100% | 74.95% |
| FIIs | 0% | 2.27% |
| DIIs | 0% | 10.26% |
| Government | 0% | 0% |
| Public | 0% | 12.47% |
| Others | 0% | 0.05% |
| No. of Shareholders | 8 | 8 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 3 / 15 / 1

### Moving Averages — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 48.56 | Buy |
| EMA (10) | 50.34 | Buy |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 71.08 | Sell |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | -28.51 | Neutral |
| ATR (14) | 4.98 | High Volatility |
| ROC (12) | 29.43 | Buy |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-06-03 | Credit rating update — CARE Ratings |
| 2026-01-06 | Credit rating update — CARE Ratings |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-30 | [Declaration Under Regulation 29(2) & 29(3) Of SEBI (Substantial Acquisition Of Shares & Takeover) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bf448f0-1a87-4f37-a744-0c0010f6ef61.pdf) |
| 2026-09-28 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9f4bb1a-3b0b-4eb0-a545-4775f35d9bee.pdf) |
| 2026-09-22 | [Intimation Under Regulation 6(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=338b5934-d52f-4120-ac67-168aa483c8a6.pdf) |
| 2026-09-22 | [Intimation Under Regulation 7(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=544efa95-8502-4cb7-89da-1c3e13d69f92.pdf) |
| 2026-09-22 | [Intimation Under Regulation 30 (5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=648e3029-af3e-47aa-bbeb-2c211072f8f8.pdf) |
| 2026-09-22 | [Intimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9db7a3b4-c904-4579-9432-6e0433eb76e2.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:53.868Z.