MANALIPETCCommodities

Manali Petrochemicals Limited

Petrochemicals · ISIN INE201A01024 · BSE 500268 · NSE EQ · FV ₹5
Last price
₹82
-0.08%today
What this company does

Manali Petrochemicals Limited operates in Petrochemicals, part of the Commodities sector. It booked ₹275 cr of revenue in its latest quarter (Q1 FY27) and kept 23.4% of sales as profit. It is the 5th largest of 9 Petrochemicals companies we track, by market value.

In the report:
78out of 100
Equitytale Health Score
Solid

Healthier than 78% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
55

At close. Not part of the score.

Profitability & returns81

How much profit it earns on the money it employs

Balance sheet81

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Growth & consistency70

Whether sales and profit have grown, and how steadily

Valuation79

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 23% net margin
Sales up 17% vs last year
Profit up 349% vs last year
Promoters hold 45%
No promoter shares pledged
Strong 20% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in MANALIPETC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹82 -0.08%
latest close · 2026-09-17
1-year return
-8.4%
52-wk low ₹6352-wk high ₹150
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio5.5Low
LowAverageHigh
P/B ratio1.11Moderate
Below bookModerateHigh
EV / EBITDA2.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.1%Strong
WeakFairStrong ▸15%
Return on capital25.3%Strong
WeakFairStrong
Net margin23.4%Strong
ThinDecentStrong
EBITDA margin35.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover28.6×Strong
RiskyOkayStrong ▸5×
Current ratio4.51Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,416 cr
Book value
₹74
EPS
₹3.74
latest quarter
Net debt
₹-314 cr
more cash than debt
Enterprise value
₹1,102 cr
EBITDA
₹386 cr
annualised
EBIT
₹350 cr
annualised
Operating margin
31.9%
Return on assets
16.1%
Earnings yield
18.18%
P/S
1.29
Sales / share
₹63.9
Tax rate
23.9%
Face value
₹5
Shares
17.2 cr
Working capital
₹743 cr
Current assets
₹955 cr
Current liabilities
₹212 cr
Delivery %
27.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹21₹29, midpoint ₹25

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹275 cr
Other Income₹14 cr
Total Income₹288 cr
Cost of Materials₹168 cr
Purchases of Stock-in-Trade₹6 cr
Inventory Change (±)₹-47 cr
Employee Benefit Expense₹19 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹45 cr
Total Expenses₹204 cr
Profit before Tax₹85 cr
Tax Expense₹20 cr
Net Profit₹64 cr
Net margin on total income22.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹128 cr44.2%
Employee benefit expense₹19 cr6.6%
Finance costs₹3 cr1.1%
Depreciation & amortisation₹9 cr3.1%
Other expenses₹45 cr15.7%
Tax expense₹20 cr7.0%
Profit for the period₹64 cr22.3%
Total income ₹288 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue247 cr293 cr275 cr
Total income267 cr299 cr288 cr
Expenses245 cr281 cr204 cr
Profit before tax72 cr37 cr85 cr
Tax4 cr8 cr20 cr
Net profit (owners' share)77 cr29 cr64 cr
Net margin (owners' share, on revenue)31.2%9.9%23.4%
EPS (₹)3.981.693.74
YoY (latest quarter): total income +18.9% · net profit +348.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,596 cr
Shareholder equity
₹1,281 cr
parent shareholders
Total debt
₹58 cr
Cash
₹372 cr
Cash flow · H1 FY26
Operating
₹36 cr
Investing
₹73 cr
Financing
₹18 cr
Peer comparison
Petrochemicals · by market value
CompanyPriceMarket capP/E
Supreme Petrochem Limited₹807₹15,175 cr16.0
SWAN CORP LIMITED₹290₹9,070 cr
Rain Industries Limited₹203₹6,828 cr5.8
Bhansali Engineering Polymers Limited₹127₹3,172 cr12.1
Manali Petrochemicals Limitedthis company₹82₹1,416 cr5.5
DCW Limited₹45₹1,341 cr9.7
Tamilnadu PetroProducts Limited₹127₹1,146 cr3.6
Pasupati Acrylon Limited₹70₹627 cr5.7
Agarwal Industrial Corporation Limited₹408₹610 cr14.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 8 Sep 2025
ActionDetailEx-date
Dividend₹0.5 / share8 Sep 2025
Dividend₹0.75 / share10 Sep 2024
Dividend₹0.75 / share15 Sep 2023
Dividend₹2.5 / share15 Sep 2022
Dividend₹1.5 / share2 Sep 2021
Dividend₹0.75 / share3 Sep 2020
Who owns it · 2026-06-30
No pledge
Promoter
44.9%
FII / Foreign
0.4%
DII / Domestic
0.0%
Retail / others
54.8%
Smart-money activity
Bulk / block deals
BoughtQE SECURITIES LLP · NSE15.64 L @ ₹88.293 Sep 26
SoldQE SECURITIES LLP · NSE15.57 L @ ₹88.233 Sep 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE29.69 L @ ₹89.23 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 14 Nov 2025
See the official result
1
Appointment of Mr. Anand Raghavan (DIN: 00243485) as an Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
64.89 L votes for, 15,042 against · 0% of mutual funds and other big investors said no
2
Approval for sale of Wholly owned Step-down Material Subsidiary
Backed by 100% of shareholders other than promotersneeded 75%
64.84 L votes for, 20,285 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

The named holders in this filing do not add up to the promoter total it states, so we are not presenting them as the promoter group.
How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.