Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Manali Petrochemicals Limited

NSE: MANALIPETCPetrochemicals

Share price

₹85.87

-0.01% close of 9 Oct 2026

Market cap ₹1,477 CrP/E 12.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,477 Cr

P/E ratio

12.4

P/B ratio

1.2

ROCE

7.3%

ROE

4.4%

Dividend yield

0.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹92.3652-week low ₹39.38

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 19.2% over the past year, and 7.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 27.0% to 13.1% over the last four years.

Whether it grew faster than its sector

It grew 7.3% a year against a sector median of 10.2% — 2.9 percentage points slower.

Room to re-rate, or risk of de-rating

At 12.4× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.1×, across 5 companies. It is against its own five-year median of 22.1×, the 36th percentile of its own range.

Whether growth justifies the valuation

Priced at 12.4 times its growth rate, on earnings growth of 1%.

Profit growthPrice per ₹1 profitPer 1% growth
Manali Petrochemicals Limited — this one1%/yr12.4×₹12.4
Supreme Petrochem Limited—30.5×—
SWAN CORP LIMITED86%/yr36.2×₹0.42
Rain Industries Limited-69%/yr13.4×—
Bhansali Engineering Polymers Limited10%/yr15.6×₹1.6
DCW Limited-32%/yr18.1×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Petrochemicals), it ranks 9 of 10 on returns, 7 of 10 on growth, 8 of 10 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.3% on capital, ahead of 10% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹637 crore of cash from the business, spent ₹265 crore on plant and equipment, and returned ₹106 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 11 years, about 101 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 23 days for its cash to waiting 49 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 10 checks clear · 70%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹275 Cr

Revenue vs last year

+16.9%

Revenue vs last quarter

-6.2%

Net profit

₹64 Cr

Profit vs last year

+359.7%

Profit vs last quarter

+121.9%

Net margin

23.4%

EPS

₹3.74

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,477 Cr
Prev close
₹85.87
52w High
₹93.0
52w Low
₹39.1
Enterprise value
₹1,009 Cr
Beta
1.2
Price CAGR 1y
40.0%
Price CAGR 3y
12.0%
Price CAGR 5y
-6.0%
Price CAGR 10y
8.0%

Ratios

Return on assets
8.1%
PEG ratio
12.4
P/E ratio
12.4
P/B ratio
1.2
EV / EBITDA
7.1
Industry P/E
13.6
ROCE
7.3%
ROCE 5y average
17.0%
ROE
4.4%
Debt / Equity
0.1
Interest coverage
11.7
Dividend yield
0.6%
ROE 3y average
3.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹1,022 Cr
Annual profit
₹130 Cr
Operating margin
8.0%
Net profit margin
12.7%
EBITDA margin
8.0%
Sales growth 3y
-4.7%
Sales growth 5y
-0.0%
Profit growth 3y
1.0%
Profit growth 5y
-25.0%
EPS
₹7.6
Sales growth TTM
19.0%
Profit growth TTM
262.0%
Dividend payout
7.0%

Quarter P&L

Sales latest quarter
₹275 Cr
Profit latest quarter
₹64 Cr
YoY quarterly sales growth
17.1%
YoY quarterly profit growth
357.1%
OPM latest quarter
30.1%

Balance Sheet

Book Value
₹74.5
Face Value
₹5.0
Total debt
₹137 Cr
Total cash
₹605 Cr
Borrowings
₹137 Cr
Reserves / Equity
13.9

Cash Flow

Operating cash flow
₹116 Cr
Free cash flow
₹49 Cr
FCF yield
2.4%
Net cash flow
₹182 Cr

Shareholding

Promoter holding
44.9%
FII holding
0.4%
DII holding
0.0%
Public holding
54.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Supreme Petroch.798.2530.615,0101.32236.3192.11,692.722.118.8
Swan Corp267.2037.58,3760.06-36.0-264.21,013.8-16.4-0.6
Rain Industries213.7013.47,1880.47341.0388.05,167.217.48.3
Bhansali Engg.126.4515.73,1473.1465.643.0472.253.323.8
Manali Petrochem86.5212.51,4880.5764.4348.8274.717.17.3
DCW45.7018.91,3490.6534.6203.3541.914.09.9
T N Petro Prod.123.808.11,1141.2280.1126.0780.268.510.9
Median126.5114.21,1140.5727.4159.0472.215.518.8

Competes with: Agarwal Industrial Corporation Limited, Bhansali Engineering Polymers Limited, DCW Limited, Kothari Petrochemicals Limited, Pasupati Acrylon Limited, Rain Industries Limited, SWAN CORP LIMITED, Supreme Petrochem Limited, Tamilnadu PetroProducts Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales301270205256240230196230235248247293275
Expenses294255200239220226183209212228233268192
Material Cost149129125145145168
Change in Inventories-8.241525-0.2036-47
Purchases of Stock-in-Trade05.021324236.38
Employee Cost201818191819
Other Expenses484446464645
Operating Profit81551721413212320142583
OPM %2.535.392.526.758.631.666.469.139.738.185.668.5130
Other Income79816645812712514
Exceptional items (within Other Income)-3.210-0.9851190
Interest2223323333343
Depreciation6667777788999
Profit before tax615581818162021723785
Tax %3027358427643132281462224
Net Profit411311305111418682964
EPS in Rs0.240.630.170.080.760.010.310.630.831.063.981.693.74
Diluted EPS in Rs0.630.831.063.981.693.74

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5796267488108031,0241,6721,1811,0328971,0221,062
Expenses5115746517107337231,1431,103985839940920
Material Cost652543
Change in Inventories-7377
Purchases of Stock-in-Trade065
Employee Cost7472
Other Expenses185183
Operating Profit6852971007030252979475882142
OPM %12813129293274.507813
Other Income9183275-811242121116122
Exceptional items (within Other Income)-3.2168
Interest3232659910101413
Depreciation689111421202325273435
Profit before tax69608811354268511703342150215
Tax %3137343314252528423014
Net Profit4838587747201381511929130180
EPS in Rs2.792.203.374.452.7112222.951.121.707.5610
Diluted EPS in Rs1.707.56
Dividend Payout %182315172813112567297

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
-0%
3 years
-5%
TTM
19%

Compounded profit growth

10 years
1%
5 years
-25%
3 years
1%
TTM
262%

Stock price CAGR

10 years
8%
5 years
-6%
3 years
12%
1 year
40%

Return on equity

10 years
13%
5 years
10%
3 years
3%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8686868686868686868686
Reserves1962253063693955949449589761,0081,195
Borrowings22623342614197103129137
Other Liabilities215195141165153198241223144179177
Minority Interest0
Total Liabilities4995325566546608921,2901,2741,3081,4031,596
Fixed Assets105206273283302292343552559596568
CWIP162812626281423176139
Investments69165704100029156
Other Assets310282214364291572933700704731983
Total Assets4995325566546608921,2901,2741,3081,4031,596

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-6875813872193739275-19116
Cash from Investing Activity-7-133-8-20-18-4-16-261-82-15575
Cash from Financing Activity-116-17-2-29-28-26-64-7-0-9
Net Cash Flow-24-3933-941186331-233-14-174182
Free Cash Flow-22-3626-6581943464750-12049

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5748495149613549434860
Inventory Days961015381584735475512382
Days Payable124109476436543828316260
Cash Conversion Cycle29395568715432686710882
Working Capital Days4316215038332344326149
ROCE %2024221449608557

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters454545454545454545454545
FIIs0.810.860.791.321.101.060.660.450.440.290.370.38
DIIs0.070.020.020.070.010.010.010.010.010.010.010.01
Public545454545454545555555555
No. of Shareholders1,96,6731,91,8751,88,5401,71,1751,62,7531,62,5341,59,8811,59,9261,57,0791,51,3921,48,8761,46,235

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +17.6% (₹73.01 → ₹85.87)Brick size ₹5.00 (fixed)Bricks 14
₹60.00₹80.00₹85.87Dec '25May '26
Price moved up one brickPrice moved down one brickLast close ₹85.87 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-468inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,33,33,552inr

2026-03-31

News

News and filings about Manali Petrochemicals Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Isocyanates (MDI/TDI)
  • Propylene (polymer grade)
  • Regasified LNG (RLNG) - plant fuel

Depends on the price of

  • Crude Oil Brent
  • propylene

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Chemicals
Industry
Petrochemicals
Classification
Chemicals › Petrochemicals
ISIN
INE201A01024

Plants

  • Manali Plant I · Manali, Chennai, Tamil Nadu
  • Manali Plant II · Manali, Chennai, Tamil Nadu
  • Manali Polyol / Polyester Polyol Plant

News impact

Big market events that reach Manali Petrochemicals Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

21 Sep 2026unspecified₹0.5
8 Sep 2025unspecified₹0.5
10 Sep 2024unspecified₹0.75
15 Sep 2023unspecified₹0.75
15 Sep 2022unspecified₹2.5
2 Sep 2021unspecified₹1.5
3 Sep 2020unspecified₹0.75
30 Jul 2019unspecified₹0.75

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
5 Oct 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL14,85,785₹87.84
5 Oct 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY14,85,785₹87.79
5 Oct 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL12,13,549₹87.59
5 Oct 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY12,08,066₹87.48
5 Oct 2026QE SECURITIES LLPSELL11,84,946₹86.69
5 Oct 2026QE SECURITIES LLPBUY10,60,373₹87.37
5 Oct 2026HRTI PRIVATE LIMITEDBUY9,59,199₹87.16
5 Oct 2026HRTI PRIVATE LIMITEDSELL7,74,900₹87.22
3 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY29,69,127₹89.20
3 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL29,69,127₹89.24

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.