Manas Polymers and Energies (MPEL)₹23.65−3.27%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), Manas Polymers and Energies reported sales of ₹31.57 Cr, up 106.3% from Mar 2025, and net profit of ₹4.09 Cr, up 80.2% year on year. For the year to Mar 2026, sales were ₹53.11 Cr and net profit ₹8.53 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|
| Sales | 15.30 | 21.54 | 31.57 |
| Expenses | 12.44 | 14.70 | 25.53 |
| Operating Profit | 2.86 | 6.83 | 5.98 |
| OPM % | 18.7% | 31.7% | 19.0% |
| Other Income | 1.09 | 0.50 | 1.36 |
| Interest | 0.39 | 0.35 | 0.52 |
| Depreciation | 0.52 | 1.14 | 1.64 |
| Profit before tax | 3.01 | 5.80 | 5.14 |
| Tax % | 24.9% | 23.6% | 20.8% |
| Net Profit | 2.27 | 4.43 | 4.09 |
| EPS (Rs) | 4.65 | 9.12 | 5.26 |
| Mar 2024 3m | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales | 4.77 | 31.58 | 53.11 |
| Expenses | 3.86 | 25.79 | 40.22 |
| Operating Profit | 0.90 | 5.79 | 12.82 |
| OPM % | 18.7% | 18.3% | 24.1% |
| Other Income | 0.26 | 1.50 | 1.87 |
| Interest | 0.25 | 0.79 | 0.89 |
| Depreciation | 0.14 | 0.97 | 2.79 |
| Profit before tax | 0.74 | 5.48 | 10.94 |
| Tax % | 1.3% | 21.7% | 22.3% |
| Net Profit | 0.76 | 4.30 | 8.53 |
| EPS (Rs) | 1.55 | 8.82 | 10.97 |
| Dividend payout % | 0.0% | 0.0% | 0.0% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 4.86 | 4.85 | 7.76 |
| Reserves | 1.06 | 5.36 | 29.56 |
| Borrowings | 11.89 | 10.70 | 20.22 |
| Other Liabilities | 3.01 | 8.87 | 7.98 |
| Total Liabilities | 20.82 | 29.78 | 65.52 |
| Fixed Assets | 6.57 | 10.72 | 14.91 |
| CWIP | 0.83 | 1.95 | 13.06 |
| Investments | 0.00 | 0.00 | 13.42 |
| Other Assets | 13.42 | 17.11 | 24.13 |
| Inventories | 4.85 | 6.98 | 8.58 |
| Trade receivables | 5.87 | 5.67 | 0.00 |
| Cash & equivalents | 1.32 | 0.15 | 0.19 |
| Total Assets | 20.82 | 29.78 | 65.52 |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from operating activity | −1.52 | 7.04 | −8.00 |
| Cash from investing activity | −0.81 | −6.26 | −21.52 |
| Cash from financing activity | 3.62 | −1.98 | 29.57 |
| Net cash flow | 1.29 | −1.18 | 0.03 |
| Capex | 0.81 | 6.28 | 18.52 |
| Free cash flow | −2.30 | 0.75 | −26.49 |
| CFO / OP % | −146.9% | 143.1% | −41.0% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor days | 449 | 65 | 0 |
| Inventory days | 515 | 112 | 87 |
| Days payable | 214 | 54 | 20 |
| Cash conversion cycle | 750 | 124 | 68 |
| Working capital days | 154 | −19 | 96 |
| ROCE % | — | 32.5% | 30.2% |
For the Mar 2026 quarter, Manas Polymers and Energies reported sales of ₹31.57 Cr, up 106.3% year on year and net profit of ₹4.09 Cr, up 80.2% year on year. The operating margin was 19.0%.
Manas Polymers and Energies' sales for the year to Mar 2026 were ₹53.11 Cr.
Net profit for the year to Mar 2026 was ₹8.53 Cr. Earnings per share over the same trailing period were ₹10.97.
Manas Polymers and Energies reported borrowings of ₹20.22 Cr at Mar 2026, against cash and equivalents of ₹0.19 Cr.
Cash from operations was −₹8 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹26.49 Cr.