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Manali Petrochemicals Limited (MANALIPETC)

Small Cap

Industrials stocks · Small cap · NSE

Manali Petrochemicals Limited operates in Fertilizers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹81.69
-2.73 · -3.23%
Market cap ₹1,500 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST
Details
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 05:49 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens

Trend score and candlestick chart

57Neutral

SMA20 +3.9% / mo · MACD −

Stock trend: 61
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

MANALIPETCD candles · FIT view+54.3%
Latest close ₹81.69 on 2026-10-19
Bar
-2.7%
RSI
48
MACD hist
-0.72
52W pos
79%
Visible chart range
Candle interval
2026-10-19O ₹83.93H ₹84.01L ₹81.30C ₹81.69Vol 8.7L sh
₹49.71₹61.05₹72.38₹83.72₹95.0652H₹81.692026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

MANALIPETCNifty India ManufacturingNifty 500
-13%+8%+29%+50%20 Jul1 Sept19 Oct19 Oct 2026MANALIPETC +27.9%Nifty India Manufactu… -5.8%Nifty 500 -5.6%
MANALIPETC
+27.9%
Nifty 500
-5.6%
Nifty India Manufacturing
-5.8%
Vs Nifty 500
+33.5 pp
Chart stats
19 Oct 2026
From 52W high
-12.2%
₹93
52W range position
79%
₹39.1 - ₹93
ATR (14)
5.7%
₹4.7
Volume vs 20D
0.24x
Latest completed session
Avg traded value
₹31.4 Cr
20-session average
20D price channel
₹75.6 - ₹93
65.7% annualized volatility
Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
46

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
90

Revenue +17.0% · PAT +357.1% YoY

Technical
Neutral
57

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-300.0%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
75

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 90/100

Rev +17% YoY · PAT +357% YoY · margin expansion · operating leverage

Filed 13 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹275 Cr+17.0%-6.1%
EBITDA₹83 Cr+260.9%+232.0%
Operating margin30.0%+2000 bps+2100 bps
PAT₹64 Cr+357.1%+120.7%
PAT margin23.3%+1731 bps+1337 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
12.60
P/B
1.17
EV/EBITDA
9.25
Market Cap
1500.00Cr

Profitability

ROE
4.38%
ROCE
7.25%
ROA
11.28%
Dividend Y
0.57%

Growth (CAGR)

Revenue 5Y
5.67%
EPS 5Y
-25.00%
Revenue 3Y
-5.00%
EPS 3Y
1.00%

Balance Sheet

Debt/Equity
0.11
Interest Coverage
10.92×
Altman Z
5.15
Book Value
74.50

Cash Flow

FCF Yield
12.73%
FCF Positive Y
5/5
OCF
116.00 Cr
EPS TTM
10.47

Shareholding

Promoter Hold
44.87%
Promoter Pledge
0.00%
Momentum 52W
89%

Financial History

Updated 18/10/2026

Revenue

₹ Cr
Latest: 275-6.1% vs prev
0293.0Sep 2023: 270Dec 2023: 205Mar 2024: 256Jun 2024: 240Sep 2024: 230Dec 2024: 196Mar 2025: 230Jun 2025: 235Sep 2025: 248Dec 2025: 247Mar 2026: 293Jun 2026: 275Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 64.0+120.7% vs prev
068.0Sep 2023: 11.0Dec 2023: 3.0Mar 2024: 1.0Jun 2024: 13.0Sep 2024: 0.0Dec 2024: 5.0Mar 2025: 11.0Jun 2025: 14.0Sep 2025: 18.0Dec 2025: 68.0Mar 2026: 29.0Jun 2026: 64.0Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Mixed signals

Signals are conflicting — long-term uptrend intact. RSI 48. Wait for confirmation.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 rising (~3.7% over last month) — short-term momentum positive.
  • RSI(14) at 48 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 12% off 52W high · 109% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

83
RS percentile
Stage 2 UptrendEstablished S2
1M return
-1.5%
3M return
+27.9%
6M return
+48.1%
1Y return
+11.0%
RS 1D
0
RS 20D
-4
Sector rank
#2
Industry rank
#45
Stage evidence
  • Price is 24.5% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +7.3%.
  • Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
24 Jul 2026
S2 age
60 trading sessions
Sector
leading
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 130.43-2.23%
6485107129150Sept 25Feb 26Jun 26Oct 26130
RS vs Nifty 500130

Valuation & peers

U-Score 46 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

46U-SCORE
Financial Turnaround

Fundamental score breakdown

U band · FAIR VALUE
Valuation20/30
Growth4/25
Quality0/20
Balance Sheet10/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
46

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

46/100 · legacy band FAIR VALUE

Positive drivers

  • FCF yield is supportive at 12.7%.
  • Piotroski is strong at 8/9.
  • Cash flow contributes 8/10 to the score.

Main drags

  • Penalty bucket subtracts 1 points.
  • Fair-value margin of safety is negative at -300.0%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
12.6
PB
1.2
EV/EBITDA
9.3
ROE
4.4%
ROCE
7.3%
FCF Yield
12.7%
Debt/Equity
0.1
MoS
-300.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
46
Previous: 46
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-300.0%
Previous: -300.0%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
46
46
46
46
46
46
46
46
46
46
46
46

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹132.48
+38.3% MoS
Growth-justified P/E
1.9
Growth-justified Value
₹20.42
-300.0% MoS
PEG
—

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHREEPUSHK
Small
Shree Pushkar Chemicals & Fertilisers Limited
Fertilizers & Agrochemicals
match 171
47
22.2
12.1%
+42%
FAIR VALUE
INDOBORAX
Small
Indo Borax & Chemicals Limited
Fertilizers & Agrochemicals
match 170
25
30.2
10.1%
-224%
OVERVALUED
PUNJABCHEM
Small
Punjab Chemicals & Crop Protection Limited
Fertilizers & Agrochemicals
match 170
39
19.0
16.6%
-32%
WATCHLIST
ULTRAMAR
Small
Ultramarine & Pigments Limited
Fertilizers & Agrochemicals
match 169
53
13.1
8.6%
+25%
FAIR VALUE
TIRUMALCHM
Small
Thirumalai Chemicals Limited
Fertilizers & Agrochemicals
match 168
13
—
-11.8%
—
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Manali Petrochemicals Limited operates in Fertilizers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
75Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 78th percentile of the scored universe and 76th percentile within Industrials. Main check: financial discipline is weak at 40/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
18 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
78th percentile

overall median 67 · Industrials: 76th pctile, median 68 · Small: 80th pctile, median 66

Evidence depth
Financial-only

18 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
77
strong · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸FCF yield is 12.8%.
  • ▸5 years of positive FCF.
  • ▸4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • ▸ROCE is low at 7.2%.
  • ▸ROE is low at 6%.
  • ▸OPM spread across recent quarters is 28.3%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Announcement

Announcement under Regulation 30 (LODR)-Change in Directorate 21 May - Board approved FY26 audited results, recommended 10% dividend, and sought postal ballot for director reappointments and pay revisions.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Dividend Updates 21 May - Manali Petrochemicals approved audited FY26 results, recommended 0.50 dividend, and proposed director reappointments/remuneration revisions.

Source: Bse

Open source ↗
Announcement

Audited Financial Results For The Quarter And Year Ended 31.03.2026. 21 May

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.