Announcement
Announcement Under Reg. 30 - Clarification On Price Movement 28 Sep - Clarifies share price movement is market driven, with no company-linked cause.
Source: Bse
Manugraph India Limited (MANUGRAPH)
Small CapIndustrials stocks · Small cap · NSE
Manugraph India Limited operates in Printing Machinery, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:13 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
54NeutralSMA20 +16.0% / mo · MACD −
Stock trend: 60
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MANUGRAPHD candles · FIT view+11.9%TODAY · PROVISIONALLatest price ₹15.11 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-4.8%
RSI
41
MACD hist
-0.25
52W pos
37%
2026-10-21O ₹15.88H ₹16.43L ₹15.09C ₹15.11Vol 15,733 shIntraday candle
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
MANUGRAPHNifty India ManufacturingNifty 500
- MANUGRAPH
- +7.1%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +12.7 pp
Chart stats
19 Oct 2026- From 52W high
- -34.5%
- 52W range position
- 43%
- ATR (14)
- 7.7%
- Volume vs 20D
- 0.07x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹15.2 - ₹24.3
₹24.3
₹9.7 - ₹24.3
₹1.2
Latest completed session
20-session average
88.6% 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 weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE52
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -18.8% · PAT +9.2% YoY
Technical
Neutral54
Price trend and sector-relative-strength timing.
Valuation
Legacy model+79.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence59
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -19% YoY · margin compression · PAT +9% YoY · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹25.7 Cr | -18.8% | +2.5% |
| EBITDA | ₹-2.7 Cr | -146.2% | -482.9% |
| Operating margin | -10.4% | -2874 bps | -1321 bps |
| PAT | ₹7.5 Cr | +9.2% | NDF |
| PAT margin | 29.0% | +745 bps | +3392 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 0.85
- EV/EBITDA
- —
- Market Cap
- 49.60Cr
Profitability
- ROE
- 6.70%
- ROCE
- 10.80%
- ROA
- 4.09%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 24.00%
- EPS 5Y
- 17.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- 30.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- -2.22×
- Altman Z
- 1.63
- Book Value
- 19.10
Cash Flow
- FCF Yield
- 9.19%
- FCF Positive Y
- 7/5
- OCF
- 1.19 Cr
- EPS TTM
- 1.83
Shareholding
- Promoter Hold
- 57.67%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 46%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 88.6+49.4% vs prev
Net Profit
₹ CrLatest: 5.0+118.5% vs prev
Return on Equity
%Latest: 8.5+117.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 41. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~12.0% over last month) — short-term momentum positive.
- RSI(14) at 41 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 38% off 52W high · 57% 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
53
RS percentile
Stage 2 UptrendRecent S2
1M return
-12.2%
3M return
+7.1%
6M return
+17.5%
1Y return
-27.0%
RS 1D
-2
RS 20D
-11
Sector rank
#2
Industry rank
#19
Stage evidence
- Price is 5.9% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +3.3%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
23 Sept 2026
S2 age
18 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 70.8-2.69%
RS vs Nifty 50071
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation28/30
Growth13/25
Quality0/20
Balance Sheet6/15
Cash Flow8/10
Piotroski
7/9 (+5)
Penalties
-8
Raw sum
52
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
52/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 9.2%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 79.0%.
Main drags
- Altman Z is 1.6, in distress territory.
- Penalty bucket subtracts 8 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
—
PB
0.8
EV/EBITDA
—
ROE
6.7%
ROCE
10.8%
FCF Yield
9.2%
Debt/Equity
0.1
MoS
+79.0%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
52
Previous: 52
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+79.0%
Previous: +77.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
51
52
52
52
52
52
52
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
₹28.04
+46.1% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹71.92
+79.0% 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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AHLADA
Small
Ahlada Engineers Limited
Industrial Machinery
match 59
23
—
0.1%
—
OVERVALUED
TROM
SME
Trom Industries Ltd.
Industrial Machinery
match 55
67
7.3
13.8%
+80%
UNDERVALUED
NIBL
Small
NRB Industrial Bearings Limited
Industrial Machinery
match 53
13
—
—
—
OVERVALUED
DEEM
SME
Deem Roll Tech Ltd.
Industrial Machinery
match 53
56
5.4
7.6%
+86%
FAIR VALUE
BEWLTD
SME
BEW Engineering Ltd.
Industrial Machinery
match 53
45
16.9
2.7%
+46%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Manugraph India Limited operates in Printing Machinery, 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
59Limited 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 25th percentile of the scored universe and 20th percentile within Industrials. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
25th percentile
overall median 67 · Industrials: 20th pctile, median 68 · Small: 28th pctile, median 66
Evidence depth
Financial-only
6 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 confidenceWhat 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
Needs extra due diligence; demand valuation comfort and recent improvement.
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
86
strong · holding, pledge, alignment
Cash flow
74
acceptable · profit to cash conversion
Balance sheet
55
watch · leverage and solvency
Discipline
30
weak · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 57.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 24.5%.
- ▸8 years of positive FCF.
Trust risks
- ▸Operating cash flow is negative at ₹-6 Cr.
- ▸Altman Z is 1.51.
- ▸ROCE is low at -12.5%.
- ▸ROE is low at -17.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Manugraph India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Copy of Newspaper Publication of Unaudited Financial Results for the quarter ended 30/06/2026
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Aug - Copy of Newspaper Publication relating to intimation of Board Meeting
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 20 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.