Manika Plastech

Andheri, India Founded: 2022 • Age: 4 yrs Listed
Manufactures plastic products like battery casings and automotive parts for industrial clients.
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About Manika Plastech

Manika Plastech is a publicly listed company based in Andheri (India) founded in 2022. It manufactures plastic products like battery casings and automotive parts for industrial clients. It operates on a B2B model in Transportation, Automotive & Logistics and Chemicals & Materials sectors. The company has 347 employees. Its Indian entity Manika Plastech Limited reported revenue of ₹437 Cr. Manika Plastech offers products and services including Battery Casings, Pails, Automotive Parts, IML Packaging, and Hosur Paint Shop Services. Its focus areas include Automotive, Parts Manufacturing, Vehicle Components and Plastic Automotive Parts.

Company details

Manika Plastech Pvt. Ltd. produces high-quality plastic items, including battery casings, pails, and automotive components, using advanced microprocessor-based machines. The company operates multiple facilities across India, such as in Una, Dehradun, and Hosur, with a total capacity of 27,000 metric tons per year. It focuses on customization, quality control, and timely delivery to serve industries like automobiles, railways, and packaging, emphasizing customer satisfaction and innovation.

  • Headquarters Andheri, India
  • Employees 347
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Chemicals & Materials
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website manikaplastech.com
  • Social LinkedIn YouTube
  • Legal Name Manika Plastech Limited
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Components
Chemicals & Materials → Battery & Advanced Material Systems
Key Metrics
  • Market Cap
    ₹556 Cr

    MANIKA · NSE

  • Share Price
    ₹46.09

    -3.46% today

  • Revenue
    ₹436 Cr

    FY 2025-26 · +7.3% YoY

  • EBITDA
    ₹58.14 Cr

    Margin 13.3%

  • Net Profit
    ₹22.54 Cr

    FY 2025-26 · +16.4% YoY

  • P/E (TTM)
    23.8x

    P/B 2.2x

  • ROE
    16.4%

    ROCE 18.8%

  • Debt / Equity
    0.75

    Interest cover 34.0x

  • Employee Count
    347

Products & Services of Manika Plastech

Manika Plastech offers a comprehensive portfolio of products and services, including Battery Casings, Pails, Automotive Parts, IML Packaging, and Hosur Paint Shop Services.

Battery Casings
Battery Products

Casings for batteries used in automobiles, railways, and solar applications.

Pails
Packaging Products

Containers for paints, inks, and agro packaging needs.

Automotive Parts
Automotive Components

Plastic parts for motorcycles, cars, and related applications.

IML Packaging
Packaging Solutions

In-mold labeling for ice cream, dairy, and food products.

Hosur Paint Shop Services
Finishing Services

Painting services for automotive parts and components.

Apps and channels of Manika Plastech

its YouTube channel Manika Plastech has 238 subscribers and 2 videos.

Manika Plastech
YouTube 238 subscribers 2 videos Science & Technology
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Videos from Manika Plastech

The most watched videos on Manika Plastech's YouTube channel, Manika Plastech (238 subscribers). Click a video to play it here.

Manika Plastech Ltd DRHP Statutory IPO AV English Final
107 views
Manika Plastech Ltd DRHP Statutory IPO AV Hindi Final
92 views

More on Manika Plastech.

Board of directors of Manika Plastech Limited (Manika Plastech)

Manika Plastech Limited is the primary company behind Manika Plastech. The board of Manika Plastech Limited currently have 8 directors; the longest-serving is Nikunj Mohanlal Kapadia, appointed in 1996. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nikunj Mohanlal Kapadia
DIN 00877120
Director25 Apr 199630 yrs 6 moManika Plastech Limited
Munjal Nikunj Kapadia
DIN 00876921
Managing Director25 Apr 199630 yrs 6 moManika Plastech Limited
Mihir Nikunj Kapadia
DIN 00877316
Whole-time director28 Jun 199729 yrs 4 moManika Plastech Limited
Pratik Nikunj Kapadia
DIN 00877370
Whole-time director05 Nov 200124 yrs 11 moManika Plastech Limited
Chitradurga Narasimha Murthy
DIN 00057222
Director11 Mar 20251 yr 7 moManika Plastech Limited
Sanjay Khubchand Israni
DIN 00077429
Director11 Mar 20251 yr 7 moManika Plastech Limited
Anand Shailesh Bathiya
DIN 03084831
Director11 Mar 20251 yr 7 moManika Plastech Limited
Mita Dixit
DIN 08198165
Director11 Mar 20251 yr 7 moManika Plastech Limited

IPO & Listings of Manika Plastech

Manika Plastech is a publicly listed company on the NSE with ticker symbol MANIKA in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date21 Sep 2026
  • Listed onNSE: MANIKA
  • Listed entityManika Plastech Limited
  • Exchange sectorProcess industries
  • ISININE0KWF01020
  • Share price₹52.12 (+0.21% on the day) · 2026-10-14
  • Market capitalisation₹607 Cr
  • Volume (last session)616,557

Financials of Manika Plastech

Exchange-reported figures of Manika Plastech Limited, the listed company behind Manika Plastech (NSE: MANIKA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹436 Cr
+7.3% YoY
EBITDA
₹58.14 Cr
+28.4% YoY
Profit After Tax
₹22.54 Cr
+16.4% YoY
Net Worth
₹148 Cr
+17.9% YoY
Total Assets
₹248 Cr
+5.5% YoY
Total Debt
₹96.98 Cr
-9.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue436406361397333268
Revenue growth+7.3%+12.7%-9.1%+19.0%+24.4%-
EBITDA58.1445.2930.8533.8131.4824.71
EBITDA margin+13.3%+11.1%+8.6%+8.5%+9.4%+9.2%
Profit before tax30.4325.4216.3517.5415.419.53
Net profit22.5419.3711.5212.3910.966.98
Net profit margin+5.2%+4.8%+3.2%+3.1%+3.3%+2.6%
EPS (₹)2.3610.176.076.505.703.49
Balance sheet
Total assets248235211161159151
Net worth14812510810696.3598.24
Total debt96.9810710054.6962.9452.26
Cash & bank0.271.080.360.440.590.58
Net working capital86.9880.4170.8869.9478.3979.54
Cash flow
Cash from operations44.3036.8831.6339.6228.2016.85
Cash from investing(18.72)(23.05)(53.29)(21.38)(19.48)(9.84)
Cash from financing(26.39)(13.00)21.57(18.39)(8.71)(7.01)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue436406361397333268
Revenue growth+7.3%+12.7%-9.1%+19.0%+24.4%-
EBITDA58.1245.2730.8533.8231.4824.71
EBITDA margin+13.3%+11.1%+8.6%+8.5%+9.4%+9.2%
Profit before tax30.4225.4016.3517.5515.419.53
Net profit22.3919.3011.5212.4010.966.98
Net profit margin+5.1%+4.8%+3.2%+3.1%+3.3%+2.6%
EPS (₹)2.362.036.076.505.703.50
Balance sheet
Total assets248235211161159151
Net worth14812510810696.3698.25
Total debt96.9810710054.6862.9452.26
Cash & bank0.261.040.310.390.530.57
Net working capital86.9780.3870.8369.8978.3379.53
Cash flow
Cash from operations40.3133.9631.6439.6228.2016.86
Cash from investing(18.72)(23.16)(53.29)(21.38)(19.53)(9.84)
Cash from financing(22.36)(10.08)21.57(18.39)(8.71)(7.01)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue436406361397333268
Revenue growth+7.3%+12.7%-9.1%+19.0%+24.4%-
Other income1.286.097.992.270.600.20
Total expenses378361330363302243
Employee cost27.1025.3417.4123.2221.1419.66
EBITDA58.1445.2930.8533.8131.4824.71
EBITDA margin+13.3%+11.1%+8.6%+8.5%+9.4%+9.2%
Depreciation13.9412.5413.1211.3210.009.64
Interest15.0513.429.377.226.675.74
Profit before tax30.4325.4216.3517.5415.419.53
Tax8.036.104.835.214.582.54
Net profit22.5419.3711.5212.3910.966.98
Net profit margin+5.2%+4.8%+3.2%+3.1%+3.3%+2.6%
EPS (₹)2.3610.176.076.505.703.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital19.0019.0019.0019.0019.0020.00
Reserves & surplus12910689.0086.8677.3578.24
Shareholders' funds (net worth)14812510810696.3598.24
Minority interest0.000.000.000.000.000.00
Secured loans79.2087.5986.3151.0558.7952.04
Unsecured loans17.7819.5913.843.644.150.22
Total debt96.9810710054.6962.9452.26
Total liabilities248235211161159151
Assets
Gross block194179140169153137
Net block15615312684.1978.6570.62
Capital work in progress6.203.3115.077.643.211.94
Investments0.010.010.010.000.000.00
Inventories60.8164.6639.4642.4842.0140.50
Sundry debtors65.7760.9144.8851.9759.0259.56
Cash & bank balances0.271.080.360.440.590.58
Loans & advances27.4932.8121.6017.888.5111.74
Total current assets154159106113110112
Total current liabilities67.3679.0535.4242.8331.7432.84
Net working capital86.9880.4170.8869.9478.3979.54
Total assets248235211161159151
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash1.080.260.440.590.580.57
Net cash from operating activities44.3036.8831.6339.6228.2016.85
Net cash from investing activities(18.72)(23.05)(53.29)(21.38)(19.48)(9.84)
Net cash from financing activities(26.39)(13.00)21.57(18.39)(8.71)(7.01)
Net change in cash(0.81)0.82(0.08)(0.15)0.010.01
Closing cash0.271.080.360.440.590.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+7.3%+12.7%-9.1%+19.0%+24.4%-
EBITDA growth+28.4%+46.8%-8.8%+7.4%+27.4%-
PBT growth+19.7%+55.5%-6.8%+13.8%+61.7%+9997.0%
Net income growth+16.4%+68.1%-7.0%+13.1%+57.0%-
Revenue CAGR (3Y)+3.2%+6.8%+10.4%---
EBITDA CAGR (3Y)+19.8%+12.9%+7.7%---
Profitability & leverage
Net income margin+5.1%+4.8%+3.2%+3.1%+3.3%+2.6%
Return on capital employed+18.8%+17.4%+13.9%+15.5%+14.2%+10.3%
Return on net worth+16.4%+16.6%+10.8%+12.2%+11.1%+7.4%
Debt / equity0.750.890.720.580.590.56
Long-term debt / equity0.210.270.160.040.020.00
Interest cover34.0540.9852.8532.1031.0538.09
Efficiency & per share
Fixed asset turnover2.342.552.333.072.872.53
Inventory turnover6.957.818.8111.6910.089.35
Debtors turnover6.887.697.458.907.025.81
EPS (₹)2.3610.176.076.505.703.49
Dividend per share (₹)0.000.000.001.500.000.00
Book value per share (₹)15.5465.8856.8455.7250.7149.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue436406361397333268
Revenue growth+7.3%+12.7%-9.1%+19.0%+24.4%-
Other income1.296.097.992.270.600.20
Total expenses378361330363302243
Employee cost0.0022.9117.4123.2221.1419.66
EBITDA58.1245.2730.8533.8231.4824.71
EBITDA margin+13.3%+11.1%+8.6%+8.5%+9.4%+9.2%
Depreciation13.9412.5413.1211.3210.009.64
Interest15.0513.429.377.226.675.74
Profit before tax30.4225.4016.3517.5515.419.53
Tax8.036.104.835.214.582.54
Net profit22.3919.3011.5212.4010.966.98
Net profit margin+5.1%+4.8%+3.2%+3.1%+3.3%+2.6%
EPS (₹)2.362.036.076.505.703.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital19.0019.0019.0019.0019.0020.00
Reserves & surplus12910689.0086.8777.3678.25
Shareholders' funds (net worth)14812510810696.3698.25
Secured loans82.2087.6086.3154.6862.9452.04
Unsecured loans14.7819.5913.840.000.000.22
Total debt96.9810710054.6862.9452.26
Total liabilities248235211161159151
Assets
Gross block189175140169153137
Net block15615312684.1978.6570.62
Capital work in progress6.203.3115.077.643.211.94
Investments0.030.050.070.060.060.01
Inventories60.1164.5639.4642.4842.0140.50
Sundry debtors65.7760.9144.8851.9759.0259.56
Cash & bank balances0.261.040.310.390.530.57
Loans & advances28.1932.9121.6017.888.5111.74
Total current assets154159106113110112
Total current liabilities67.3679.0435.4242.8331.7432.84
Net working capital86.9780.3870.8369.8978.3379.53
Total assets248235211161159151
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash1.040.310.390.530.570.56
Net cash from operating activities40.3133.9631.6439.6228.2016.86
Net cash from investing activities(18.72)(23.16)(53.29)(21.38)(19.53)(9.84)
Net cash from financing activities(22.36)(10.08)21.57(18.39)(8.71)(7.01)
Net change in cash(0.78)0.72(0.08)(0.15)(0.04)0.01
Closing cash0.261.040.310.390.530.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+7.3%+12.7%-9.1%+19.0%+24.4%-
EBITDA growth+28.4%+46.7%-8.8%+7.4%+27.4%-
PBT growth+19.8%+55.4%-6.8%+13.9%+61.7%+9997.0%
Net income growth+16.0%+67.5%-7.1%+13.1%+57.0%-
Revenue CAGR (3Y)+3.2%+6.8%+10.4%---
EBITDA CAGR (3Y)+19.8%+12.9%+7.7%---
Profitability & leverage
Net income margin+5.1%+4.8%+3.2%+3.1%+3.3%+2.6%
Return on capital employed-+17.4%+13.9%+15.5%+14.2%+10.3%
Return on net worth-+16.6%+10.8%+12.2%+11.1%+7.4%
Debt / equity-0.890.720.580.590.56
Long-term debt / equity-0.270.160.040.020.00
Interest cover34.0741.0052.8532.0931.0538.09
Efficiency & per share
Fixed asset turnover-2.552.333.072.872.53
Inventory turnover-7.818.8111.6910.089.35
Debtors turnover-7.697.458.907.025.81
EPS (₹)2.362.036.076.505.703.50
Dividend per share (₹)0.000.000.001.500.000.00
Book value per share (₹)0.0013.1856.8455.7250.7249.12

Web traffic of Manika Plastech

The website of Manika Plastech (manikaplastech.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▼ 2.1% vs previous month

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Manika Plastech (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SEDEMAC
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Mahindra Last Mile Mobility
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 17.06 B33,980
Greenfuel Energy Solutions
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Related news about Manika Plastech

Manika Plastech IPO Day 3: GMP at 7%, subscription reaches 8.3 times. Key details - The Economic Times
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Frequently Asked Questions about Manika Plastech

Manika Plastech was founded in 2022.

Manika Plastech is headquartered in Andheri, India. It is registered at Andheri, Maharashtra, India.

Manika Plastech has 347 employees.

The primary company behind Manika Plastech, Manika Plastech Limited, reported revenue of ₹437 Cr for FY 2026, up 7% year on year.

Manika Plastech Pvt. Ltd. produces high-quality plastic items, including battery casings, pails, and automotive components, using advanced microprocessor-based machines. The company operates multiple facilities across India, such as in Una, Dehradun, and Hosur, with a total capacity of 27,000 metric tons per year. It focuses on customization, quality control, and timely delivery to serve industries like automobiles, railways, and packaging, emphasizing customer satisfaction and innovation.

Manika Plastech offers Battery Casings, Pails, Automotive Parts, IML Packaging, and Hosur Paint Shop Services.

Yes, Manika Plastech is publicly traded on NSE under the ticker symbol MANIKA.

Manika Plastech operates through Manika Plastech Limited.

The legal entities of Manika Plastech currently have 10 directors, including Nikunj Mohanlal Kapadia, Mihir Nikunj Kapadia, Pratik Nikunj Kapadia and others.

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