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Prices as of 9 Oct 2026 close · Not investment advice

Manugraph India Limited

NSE: MANUGRAPHIndustrial ProductsTrade-to-trade true

Share price

₹15.59

-1.39% close of 9 Oct 2026

Market cap ₹47 CrP/E 8.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 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.

49

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

₹47 Cr

P/E ratio

8.5

P/B ratio

0.8

ROCE

10.8%

ROE

8.9%

Dividend yield

0.0%

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 ₹23.5252-week low ₹9.76

Answers

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

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 30%.

Profit growthPrice per ₹1 profitPer 1% growth
Manugraph India Limited — this one30%/yr8.5×₹0.28
DEE Development Engineers Limited88%/yr50.8×₹0.58
Shanthi Gears Limited6%/yr70.5×₹11.7
WPIL Limited-6%/yr25.5×—
Hind Rectifiers Limited—99.5×—
Pitti Engineering Limited26%/yr31.3×₹1.2

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 (Industrial Products), it ranks 49 of 75 on returns, 73 of 75 on growth, 57 of 75 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 10.8% on capital, ahead of 35% 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

No — Over the last five years the business itself consumed ₹12 crore of cash before any plant spend. It has not made a profit over 12 years.

Profit reality check

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

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

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

Announced 11 Aug 2026 · Standalone · Unaudited

Revenue

₹26 Cr

Net profit

₹7 Cr

Net margin

29.0%

EPS

₹-0.67

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
₹47 Cr
Prev close
₹15.59
52w High
₹24.3
52w Low
₹9.6
Enterprise value
₹48 Cr
Beta
1.1
Price CAGR 1y
-23.0%
Price CAGR 3y
-11.0%
Price CAGR 5y
6.0%
Price CAGR 10y
-10.0%

Ratios

Return on assets
3.6%
PEG ratio
—
P/E ratio
8.5
P/B ratio
0.8
EV / EBITDA
—
Industry P/E
36.1
ROCE
10.8%
ROCE 5y average
-8.8%
ROE
8.9%
Debt / Equity
0.1
Interest coverage
8.9
Dividend yield
0.0%
ROE 3y average
-15.0%
ROE last year
7.0%

Annual P&L

Annual revenue
₹89 Cr
Annual profit
₹5 Cr
Operating margin
8.2%
Net profit margin
5.6%
EBITDA margin
8.1%
Sales growth 3y
3.7%
Sales growth 5y
24.5%
Profit growth 3y
30.0%
Profit growth 5y
17.0%
EPS
₹1.6
Sales growth TTM
5.0%
Profit growth TTM
39.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹26 Cr
Profit latest quarter
₹7 Cr
YoY quarterly sales growth
-18.8%
YoY quarterly profit growth
9.2%
OPM latest quarter
-10.4%

Balance Sheet

Book Value
₹19.1
Face Value
₹2.0
Total debt
₹3 Cr
Total cash
₹3 Cr
Borrowings
₹3 Cr
Reserves / Equity
8.5

Cash Flow

Operating cash flow
₹1 Cr
Free cash flow
₹1 Cr
FCF yield
0.3%
Net cash flow
-₹0 Cr

Shareholding

Promoter holding
57.7%
FII holding
—
DII holding
1.6%
Public holding
40.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,350.20103.666,8640.00240.131.61,218.79.425.0
Aditya Infotech3,976.00102.248,7620.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,685.1087.532,5120.09105.7101.21,588.668.316.8
Honeywell Auto33,780.0053.429,8620.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,073.1076.424,5870.0057.1-20.0508.524.021.3
Kaynes Tech3,405.0065.822,8540.0056.4-24.4946.040.512.7
LMW16,910.0098.918,0650.2155.5369.2860.724.05.6
Manugraph India16.45500.007.5-140.325.7-18.810.8
Median356.7335.86730.005.834.576.523.616.1

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

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

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9.7618231513126.41283214182526
Expenses15242618151810282615172428
Material Cost15151212129.60
Change in Inventories5.022.25-4.90-2.562.2011
Purchases of Stock-in-Trade000000
Employee Cost4.384.023.894.035.524.14
Other Expenses3.314.583.363.174.184.08
Operating Profit-4.80-6.27-2.62-3.41-2.35-5.77-3.99-0.235.80-0.471.030.70-2.68
OPM %-49-34-11-23-19-46-62-0.8218-3.315.822.79-10
Other Income0.190.090.180.240.14-110.20-0.071.98-0.34-0.09-0.229.54
Exceptional items (within Other Income)-0.231.89-0.35-0.10-0.329.51
Interest0.450.560.480.590.560.640.660.570.180.170.210.190.07
Depreciation0.300.290.290.250.200.200.200.190.170.170.250.250.20
Profit before tax-5.36-7.03-3.21-4.01-2.97-18-4.65-1.067.43-1.150.480.046.59
Tax %-2.430.432.806.48-6.731.50-1.948.498.08-6.098.333,175-13
Net Profit-5.23-7.06-3.30-4.27-2.77-18-4.55-1.156.83-1.080.44-1.237.46
EPS in Rs-1.72-2.32-1.08-1.40-0.91-5.99-1.50-0.382.25-0.360.14-0.402.45
Diluted EPS in Rs-0.301.62-0.240.18-0.30-0.67

Profit & loss

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

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales21627125818525112130468066598983
Expenses22526226419126015145599483728184
Material Cost2952
Change in Inventories11-3.02
Purchases of Stock-in-Trade00
Employee Cost1917
Other Expenses1215
Operating Profit-9.069.04-6.01-6.68-8.77-30-16-13-15-17-127.22-1.42
OPM %-4.203.33-2.33-3.62-3.49-25-53-28-19-26-218.15-1.72
Other Income6.392.96-29-5.22-0.93-0.66-8.360.978.140.69-111.288.89
Exceptional items (within Other Income)-121.12
Interest1.801.940.941.331.701.702.532.472.842.382.550.760.64
Depreciation6.866.526.125.294.452.421.701.351.391.120.790.840.87
Profit before tax-113.54-42-19-16-34-28-16-11-20-276.805.96
Tax %-5.21-694.1011-3.412.551.70-1.352.821.270.2627
Net Profit-115.98-44-21-15-35-29-15-11-20-274.955.59
EPS in Rs-3.531.97-14-6.78-5.03-12-9.44-5.05-3.72-6.53-8.781.631.83
Diluted EPS in Rs-4.901.26
Dividend Payout %-1451-3.46-8.85-8.340000000

Compounded growth

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

Compounded sales growth

10 years
-11%
5 years
24%
3 years
4%
TTM
5%

Compounded profit growth

10 years
-6%
5 years
17%
3 years
30%
TTM
39%

Stock price CAGR

10 years
-10%
5 years
6%
3 years
-11%
1 year
-23%

Return on equity

10 years
-10%
5 years
-15%
3 years
-15%
Last year
7%

Balance sheet

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.086.086.086.085.116.086.086.086.086.086.086.08
Reserves20821022520318514711810493744752
Borrowings6.11002.5209.111918111873
Other Liabilities838279936464404362548276
Total Liabilities303298309304255226183170172151142137
Fixed Assets41361051019795939290898578
CWIP000.46000000000
Investments971008858181.430.700.290000
Other Assets165162116145140130897882635759
Total Assets303298309304255226183170172151142137

Cash flows

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-231726-33-14-27-22-0.83-5.84-6.500.331.19
Cash from Investing Activity13-1.01-25272018144.05170.39153.37
Cash from Financing Activity1.43-9.23-3.82-0.04-5.406.257.53-3.60-105-13-4.78
Net Cash Flow-8.797.03-2.38-5.971.05-3.15-0.87-0.380.87-1.121.95-0.22
Free Cash Flow-261627-33-14-28-21-0.262.27-6.330.270.93

Ratios

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days44358.94368.4254428.96117.44375.11
Inventory Days2021381152561852721,033675384329277249
Days Payable94485512440106172100144123116102
Cash Conversion Cycle15212669168154221903585251214198152
Working Capital Days3121-6.235964923171699315-133-33
ROCE %-5.422.97-1.09-0.99-4.16-16-9.86-9.22-13-17-1611

Shareholding pattern

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

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters585858585858585858585858
FIIs0
DIIs0.770.770.770.721.831.831.831.771.771.771.671.62
Public424242424141404141414141
No. of Shareholders11,20410,55812,11911,97712,76612,77512,74012,73312,32211,98311,92411,894

Price trend

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

Change over 1 year -31.5% (₹22.77 → ₹15.59)Brick size ₹1.36 (fixed)Bricks 27
₹20.00₹15.59Nov '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹15.59 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

0.37inr_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

News

News and filings about Manugraph India 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.

Competes with

Uses as raw material

  • packing materials
  • pneumatic cylinders, valves and sensors
  • raw materials and components for printing machinery
  • stores and consumables

Sells to

About

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

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE867A01022

Plants

  • Manugraph Kolhapur works, Plot No. D-1, MIDC Shiroli Industrial Area

News impact

Big market events that reach Manugraph India 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

4 Dec 2019unspecified₹0.5
20 Jul 2018unspecified₹0.6
19 Jul 2017unspecified₹0.5
18 Jul 2016unspecified₹1
5 Aug 2015unspecified₹0.5
13 Aug 2014unspecified₹1
18 Jul 2013unspecified₹1.5
12 Jul 2012unspecified₹2.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
23 Sep 2026LUNA INVESTMENTSBUY2,50,000₹23.48
23 Sep 2026INDRA KIRAN VENTURESBUY2,05,600₹24.20
23 Sep 2026BHARAT KUNVERJI KENIASELL1,92,308₹23.53
23 Sep 2026NIMISH LAXMICHAND KENIASELL1,75,000₹24.14
23 Sep 2026SHIVAM OMARBUY1,64,804₹23.47
23 Sep 2026SHIVAM OMARSELL1,61,804₹23.66
23 Sep 2026INDRA KIRAN VENTURESSELL90,210₹23.99

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.