--- title: "Manika Plastech Ltd (MANIKA) — Share Price, Financials & Analysis" symbol: "MANIKA" company: "Manika Plastech Ltd" canonical: "https://tapetide.com/stocks/MANIKA" nse_symbol: "MANIKA" bse_code: "544929" sector: "Industrials" industry: "Industrial Products" generated_at: "2026-10-13T11:01:48.292Z" --- # Manika Plastech Ltd (MANIKA) Canonical page: https://tapetide.com/stocks/MANIKA ## Company - **NSE Symbol:** MANIKA - **BSE Code:** 544929 - **Sector:** Industrials - **Industry:** Industrial Products - **Macro Sector:** Industrials - **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 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 | | --- | --- | --- | --- | | net income growth | 16% | 22% | 26% | | revenue growth | 7% | 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 ### annual | Category | Sep 2026 | | --- | --- | | Promoters | 74.95% | | FIIs | 2.27% | | DIIs | 10.26% | | Public | 12.52% | | No. of Shareholders | 30285 | ### Quarterly | Category | Sep 2026 | | --- | --- | | Promoters | 74.95% | | FIIs | 2.27% | | DIIs | 10.26% | | Public | 12.52% | | No. of Shareholders | 30285 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Buy - **Buy / Neutral / Sell:** 3 / 16 / 0 ### Moving Averages — summary: **Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 47.28 | Buy | | EMA (10) | 49.28 | 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: **Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | — | Neutral | | MACD (12,26,9) | — | Neutral | | Stochastic (14,3,3) | — | Neutral | | ADX (14) | — | Neutral | | Williams %R (14) | -32.68 | Neutral | | ATR (14) | — | Neutral | | ROC (12) | 29.72 | Buy | | Stoch RSI (14) | — | Neutral | | UO (7,14,28) | — | Neutral | ## Filings & Documents ### Other Documents | 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 SEBI (LODR) 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 SEBI (LODR) 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 SEBI (LODR) 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) | ### Credit Rating Reports | Date | Document | | --- | --- | | 2026-06-03 | Credit rating update — CARE Ratings | | 2026-01-06 | Credit rating update — CARE Ratings | --- 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 2026-10-13T11:01:48.292Z.