Manaksia Steels Limited

NSE MANAKSTEEL.NS

Manaksia Steels Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.62

Manaksia Steels Limited Debt to Equity Ratio is 0.62 for the year ending March 31, 2024, a 267.41% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Manaksia Steels Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.17, a 369.06% change year over year.
Manaksia Steels Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.04, a -88.08% change year over year.
Manaksia Steels Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.30, a -5.57% change year over year.
Manaksia Steels Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.32, a 1,970.10% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: MANAKSTEEL.NS

Manaksia Steels Limited

CEO	Mr. Vineet Kumar Agrawal
IPO Date	March 30, 2015
Location	India
Headquarters	Turner Morrison Building
Employees	192
Sector	Materials
Industries Steel Construction Materials

Description

Manaksia Steels Limited manufactures and sells secondary steel products primarily for housing, industry, and infrastructure sectors in India and internationally. The company offers cold rolled sheets used in interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets for use in the rural housing sector and factory buildings; and galvanized plain sheets used in the manufacture of containers and water tanks. It also provides color coated coils and sheets for sale to construction, housing, consumer durable, and other industries. The company also exports its products. Manaksia Steels Limited was incorporated in 2001 and is based in Kolkata, India.

Key trends

Past 5 years