- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0006461

About Manugraph India Limited
Data last updated:
Manugraph India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 April 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29290MH1972PLC015772. Its GSTIN is 27AAACM7246H1ZE (Maharashtra). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 505324 and NSE: MANUGRAPH.
The company has an authorised share capital of ₹24.81 Cr and a paid-up capital of ₹6.08 Cr. It was formerly known as Maschinenfabrik Polygraph (India) Limited. It is led by directors including Sanjay Sanat Shah (Managing Director) and Pradeep Sanat Shah (Managing Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2nd Floor Sidhwa House N.A. Sawant Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹88.64 Cr, a growth of 49.4% compared to the previous year. For the same year it recorded a net profit of ₹3.74 Cr (net margin 4.2%) and EBITDA of ₹6.1 Cr (EBITDA margin 6.9%). The net worth stands at ₹58.03 Cr (up 8.9% YoY). Total assets are valued at ₹66.35 Cr (up 0.5% YoY).
The company has about 189 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manugraph. As per MCA filings, the company has open charges of ₹1.33 Cr and satisfied charges of ₹287.47 Cr on record. Court records list 178 cases involving the company, including 66 filed by the company and 114 filed against it; 7 cases are pending. The company has 35 deals on record (34 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2024. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 264 overdue payments to 40 micro and small suppliers.
Manugraph India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006461). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manugraph.com.
Company details
CIN history
Manugraph India has one previous CIN (Corporate Identification Number): U29290MH1972PLC015772. The current CIN is L29290MH1972PLC015772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29290MH1972PLC015772 | Current |
| U29290MH1972PLC015772 | Previous |
Recognitions & Rankings of Manugraph India
Contact details
Manugraph India Limited's registered office is in Mumbai, Maharashtra. Its website is manugraph.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Sidhwa House N.A. Sawant Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Manugraph India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Manugraph India operates one associated brand: Manugraph. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web offset presses are manufactured by Manugraph in Mumbai, India. | manugraph.com |
Business activity
The main business activity of Manugraph India is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Manugraph India Limited, buy the company report.
Financials of Manugraph India Limited
FY 2025-26 filings availableManugraph India Limited reported revenue of ₹88.64 Cr (up 49.4% YoY) for FY 2025-26.
Financial Highlights
FY 2022-23 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 79.57 | 46.05 | 29.69 | 121 | 251 | 185 | 258 |
| Revenue growth | +72.8% | +55.1% | -75.5% | -51.8% | +36.0% | -28.4% | - |
| EBITDA | (15.17) | (13.86) | (27.33) | (33.66) | (16.14) | (15.45) | (36.27) |
| EBITDA margin | -19.1% | -30.1% | -92.1% | -27.8% | -6.4% | -8.4% | -14.1% |
| Profit before tax | (10.71) | (14.17) | (28.22) | (34.42) | (16.89) | (12.15) | (33.63) |
| Net profit | (18.24) | (13.33) | (18.21) | (32.18) | (14.02) | (14.24) | (3.58) |
| Net profit margin | -22.9% | -29.0% | -61.3% | -26.6% | -5.6% | -7.7% | -1.4% |
| EPS (₹) | (3.63) | (4.59) | (9.44) | (11.61) | 0.00 | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 117 | 136 | 152 | 163 | 193 | 214 | 234 |
| Net worth | 99.14 | 110 | 123 | 152 | 190 | 208 | 224 |
| Total debt | 10.51 | 17.78 | 18.85 | 9.11 | 0.00 | 2.52 | 6.57 |
| Cash & bank | 1.58 | 8.69 | 11.37 | 23.59 | 33.61 | 7.24 | 19.46 |
| Net working capital | 32.24 | 47.68 | 54.86 | 61.90 | 75.45 | 46.53 | 24.05 |
| Cash flow | |||||||
| Cash from operations | (6.10) | (0.82) | (21.94) | (29.24) | (13.85) | (27.98) | 30.17 |
| Cash from investing | 16.66 | 3.64 | 13.13 | 13.40 | 25.37 | 31.46 | (24.80) |
| Cash from financing | (10.02) | (3.60) | 7.15 | 6.25 | (5.40) | (6.55) | (7.75) |
| Particulars | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.10 | 13.02 | 25.43 | 6.02 | 12.52 | 12.93 | 16.15 | 4.45 |
| Revenue growth (YoY) | +180.4% | +0.7% | +57.5% | +35.3% | -21.8% | - | - | - |
| Other income | 0.18 | 8.07 | 0.36 | 0.08 | 1.63 | 0.52 | 0.66 | 0.70 |
| EBITDA | (1.27) | (6.94) | (2.74) | (4.35) | (2.78) | (4.65) | (2.90) | (3.61) |
| EBITDA margin | -3.6% | -53.3% | -10.8% | -72.3% | -22.2% | -36.0% | -18.0% | -81.1% |
| Depreciation | 0.32 | 0.36 | 0.39 | 0.32 | 0.32 | 0.33 | 0.34 | 0.36 |
| Interest | 0.64 | 0.76 | 0.64 | 0.68 | 0.59 | 0.60 | 0.58 | 0.61 |
| Profit before tax | (2.05) | 0.01 | (3.41) | (5.27) | (2.06) | (5.06) | (3.16) | (3.88) |
| Tax | (0.01) | 0.08 | 0.09 | 0.15 | 0.30 | (0.60) | 0.03 | 0.06 |
| Net profit | (2.04) | (0.07) | (3.50) | (5.42) | (2.36) | (4.46) | (3.19) | (3.94) |
| EPS (₹) | (0.67) | (0.02) | (1.15) | (1.78) | (0.77) | (1.47) | (1.04) | (1.30) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 88.64 | 59.35 | 65.76 | 79.57 | 46.05 | 29.69 | 121 |
| Revenue growth | +49.4% | -9.8% | -17.4% | +72.8% | +55.1% | -75.5% | - |
| EBITDA | 6.10 | (24.01) | (16.80) | (14.90) | (13.85) | (27.32) | (33.69) |
| EBITDA margin | +6.9% | -40.5% | -25.6% | -18.7% | -30.1% | -92.0% | -27.8% |
| Profit before tax | 6.80 | (26.62) | (19.61) | (10.99) | (15.57) | (28.21) | (34.45) |
| Net profit | 3.74 | (14.98) | (20.07) | (18.54) | (14.73) | (18.20) | (31.53) |
| Net profit margin | +4.2% | -25.2% | -30.5% | -23.3% | -32.0% | -61.3% | -26.1% |
| EPS (₹) | 1.63 | (8.78) | (6.53) | (3.71) | (5.05) | (9.44) | (11.62) |
| Balance sheet | |||||||
| Total assets | 66.35 | 66.01 | 104 | 117 | 136 | 153 | 165 |
| Net worth | 58.03 | 53.27 | 79.71 | 99.14 | 110 | 124 | 153 |
| Total debt | 3.00 | 7.00 | 17.64 | 10.51 | 17.78 | 18.85 | 9.11 |
| Cash & bank | 2.63 | 2.99 | 0.44 | 1.58 | 8.35 | 10.64 | 22.06 |
| Net working capital | (2.28) | (11.67) | 20.82 | 32.24 | 47.34 | 55.30 | 61.79 |
| Cash flow | |||||||
| Cash from operations | 1.19 | 0.33 | (6.50) | (5.84) | (0.83) | (22.25) | (27.35) |
| Cash from investing | 3.37 | 14.72 | 0.39 | 16.73 | 4.05 | 13.85 | 17.95 |
| Cash from financing | (4.78) | (13.11) | 5.00 | (10.02) | (3.60) | 7.53 | 6.25 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.90 | 25.71 | 25.09 | 17.69 | 14.20 | 31.66 | 27.93 | 6.41 |
| Revenue growth (YoY) | +19.0% | -18.8% | -10.2% | +176.0% | +14.4% | +151.1% | - | - |
| Other income | 0.15 | 9.81 | 0.10 | 0.01 | 0.01 | 2.28 | 0.16 | 0.30 |
| Total expenses | 17.76 | 28.65 | 24.71 | 16.75 | 15.02 | 26.16 | 28.38 | 10.50 |
| EBITDA | (0.86) | (2.94) | 0.38 | 0.94 | (0.82) | 5.50 | (0.45) | (4.09) |
| EBITDA margin | -5.1% | -11.4% | +1.5% | +5.3% | -5.8% | +17.4% | -1.6% | -63.8% |
| Depreciation | 0.22 | 0.20 | 0.25 | 0.25 | 0.17 | 0.17 | 0.19 | 0.20 |
| Interest | 0.02 | 0.07 | 0.19 | 0.21 | 0.17 | 0.18 | 0.57 | 0.66 |
| Profit before tax | (0.95) | 6.60 | 0.04 | 0.49 | (1.15) | 7.43 | (1.05) | (4.65) |
| Tax | 0.01 | (0.87) | 1.27 | 0.04 | (0.07) | 0.60 | 0.09 | (0.09) |
Financial Statements
| Particulars | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.10 | 13.02 | 25.43 | 6.02 | 12.52 | 12.93 | 16.15 | 4.45 |
| Revenue growth (YoY) | +180.4% | +0.7% | +57.5% | +35.3% | -21.8% | - | - | - |
| Other income | 0.18 | 8.07 | 0.36 | 0.08 | 1.63 | 0.52 | 0.66 | 0.70 |
| EBITDA | (1.27) | (6.94) | (2.74) | (4.35) | (2.78) | (4.65) | (2.90) | (3.61) |
| EBITDA margin | -3.6% | -53.3% | -10.8% | -72.3% | -22.2% | -36.0% | -18.0% | -81.1% |
| Depreciation | 0.32 | 0.36 | 0.39 | 0.32 | 0.32 | 0.33 | 0.34 | 0.36 |
| Interest | 0.64 | 0.76 | 0.64 | 0.68 | 0.59 | 0.60 | 0.58 | 0.61 |
| Profit before tax | (2.05) | 0.01 | (3.41) | (5.27) | (2.06) | (5.06) | (3.16) | (3.88) |
| Tax | (0.01) | 0.08 | 0.09 | 0.15 | 0.30 | (0.60) | 0.03 | 0.06 |
| Net profit | (2.04) | (0.07) | (3.50) | (5.42) | (2.36) | (4.46) | (3.19) | (3.94) |
| EPS (₹) | (0.67) | (0.02) | (1.15) | (1.78) | (0.77) | (1.47) | (1.04) | (1.30) |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Revenue | 79.57 | 46.05 | 29.69 | 121 | 251 | 185 | 258 |
| Revenue growth | +72.8% | +55.1% | -75.5% | -51.8% | +36.0% | -28.4% | - |
| Other income | 8.69 | 3.51 | 3.34 | 3.36 | 5.40 | 9.92 | 9.70 |
| Total expenses | 94.74 | 59.91 | 57.02 | 155 | 267 | 200 | 294 |
| Employee cost | 22.88 | 19.25 | 17.37 | 45.09 | 56.91 | 45.95 | 60.77 |
| EBITDA | (15.17) | (13.86) | (27.33) | (33.66) | (16.14) | (15.45) | (36.27) |
| EBITDA margin | -19.1% | -30.1% | -92.1% | -27.8% | -6.4% | -8.4% | -14.1% |
| Depreciation | 1.39 | 1.35 | 1.70 | 2.42 | 4.45 | 5.29 | 6.12 |
| Interest | 2.84 | 2.47 | 2.53 | 1.70 | 1.70 | 1.33 | 0.94 |
| Profit before tax | (10.71) | (14.17) | (28.22) | (34.42) | (16.89) | (12.15) | (33.63) |
| Tax | 0.31 | (0.21) | 0.48 | 0.88 | (0.54) | 2.10 | 1.73 |
| Net profit | (18.24) | (13.33) | (18.21) | (32.18) | (14.02) | (14.24) | (3.58) |
| Net profit margin | -22.9% | -29.0% | -61.3% | -26.6% | -5.6% | -7.7% | -1.4% |
| EPS (₹) | (3.63) | (4.59) | (9.44) | (11.61) | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 |
| Reserves & surplus | 93.06 | 104 | 117 | 146 | 184 | 202 | 218 |
| Shareholders' funds (net worth) | 99.14 | 110 | 123 | 152 | 190 | 208 | 224 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 10.45 | 17.70 | 18.85 | 9.11 | 0.00 | 2.52 | 6.51 |
| Unsecured loans | 0.06 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 |
| Total debt | 10.51 | 17.78 | 18.85 | 9.11 | 0.00 | 2.52 | 6.57 |
| Total liabilities | 117 | 136 | 152 | 163 | 193 | 214 | 234 |
| Assets | |||||||
| Gross block | 198 | 204 | 205 | 212 | 213 | 208 | 322 |
| Net block | 89.60 | 91.88 | 93.22 | 95.27 | 97.43 | 101 | 120 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 |
| Investments | 0.00 | 0.23 | 0.00 | 0.00 | 10.86 | 47.56 | 60.10 |
| Inventories | 60.14 | 50.77 | 52.95 | 62.18 | 80.29 | 79.00 | 60.37 |
| Sundry debtors | 2.44 | 1.13 | 3.41 | 18.05 | 5.77 | 17.95 | 9.28 |
| Cash & bank balances | 1.58 | 8.69 | 11.37 | 23.59 | 33.61 | 7.24 | 19.46 |
| Loans & advances | 7.90 | 6.51 | 4.96 | 7.89 | 5.72 | 21.08 | 4.80 |
| Total current assets | 72.06 | 67.10 | 72.69 | 112 | 125 | 125 | 93.91 |
| Total current liabilities | 39.82 | 19.42 | 17.83 | 49.81 | 49.94 | 78.74 | 69.86 |
| Net working capital | 32.24 | 47.68 | 54.86 | 61.90 | 75.45 | 46.53 | 24.05 |
| Total assets | 117 | 136 | 152 | 163 | 193 | 214 | 234 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.78 | 1.55 | 3.21 | 12.81 | 6.68 | 9.76 | 11.81 |
| Net cash from operating activities | (6.10) | (0.82) | (21.94) | (29.24) | (13.85) | (27.98) | 30.17 |
| Net cash from investing activities | 16.66 | 3.64 | 13.13 | 13.40 | 25.37 | 31.46 | (24.80) |
| Net cash from financing activities | (10.02) | (3.60) | 7.15 | 6.25 | (5.40) | (6.55) | (7.75) |
| Net change in cash | 0.53 | (0.77) | (1.66) | (9.60) | 6.12 | (3.08) | (2.38) |
| Closing cash | 1.58 | 8.69 | 11.37 | 23.59 | 33.61 | 7.24 | 19.46 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +72.8% | +55.1% | -75.5% | -51.8% | +36.0% | -28.4% | - |
| EBITDA growth | -9.5% | +49.3% | +18.8% | -108.6% | -4.5% | +57.4% | - |
| PBT growth | +24.4% | +49.8% | +18.0% | -103.8% | -39.0% | +63.9% | - |
| Net income growth | -36.8% | +26.8% | +43.4% | -129.5% | +1.5% | -297.8% | - |
| Revenue CAGR (3Y) | -13.0% | -43.2% | -45.6% | -22.3% | -7.3% | -10.7% | -5.5% |
| EBITDA CAGR (3Y) | -23.3% | -5.0% | +20.9% | -2.5% | - | +44.5% | +169.6% |
| Profitability & leverage | |||||||
| Net income margin | -13.9% | -30.3% | -96.7% | -29.2% | -6.5% | -7.7% | -13.7% |
| Return on capital employed | 0.0% | -8.1% | -9.5% | -18.4% | -6.3% | -4.8% | +0.3% |
| Return on net worth | 0.0% | -12.0% | -13.3% | -20.6% | -7.0% | -6.6% | -1.7% |
| Debt / equity | 0.14 | 0.16 | 0.10 | 0.03 | 0.01 | 0.02 | 0.04 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -17.15 | -16.24 | -8.72 | -4.71 | -8.26 | -6.41 | -2.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.40 | 0.23 | 0.14 | 0.57 | 1.19 | 0.71 | 1.08 |
| Inventory turnover | 1.43 | 0.89 | 0.52 | 1.70 | 3.15 | 2.72 | 3.84 |
| Debtors turnover | 44.58 | 20.29 | 2.77 | 10.16 | 21.17 | 13.90 | 14.49 |
| EPS (₹) | (3.63) | (4.59) | (9.44) | (11.61) | 0.00 | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.60 | 0.50 |
| Book value per share (₹) | 32.60 | 36.14 | 40.45 | 49.98 | 62.53 | 68.41 | 73.55 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.90 | 25.71 | 25.09 | 17.69 | 14.20 | 31.66 | 27.93 | 6.41 |
| Revenue growth (YoY) | +19.0% | -18.8% | -10.2% | +176.0% | +14.4% | +151.1% | - | - |
| Other income | 0.15 | 9.81 | 0.10 | 0.01 | 0.01 | 2.28 | 0.16 | 0.30 |
| Total expenses | 17.76 | 28.65 | 24.71 | 16.75 | 15.02 | 26.16 | 28.38 | 10.50 |
| EBITDA | (0.86) | (2.94) | 0.38 | 0.94 | (0.82) | 5.50 | (0.45) | (4.09) |
| EBITDA margin | -5.1% | -11.4% | +1.5% | +5.3% | -5.8% | +17.4% | -1.6% | -63.8% |
| Depreciation | 0.22 | 0.20 | 0.25 | 0.25 | 0.17 | 0.17 | 0.19 | 0.20 |
| Interest | 0.02 | 0.07 | 0.19 | 0.21 | 0.17 | 0.18 | 0.57 | 0.66 |
| Profit before tax | (0.95) | 6.60 | 0.04 | 0.49 | (1.15) | 7.43 | (1.05) | (4.65) |
| Tax | 0.01 | (0.87) | 1.27 | 0.04 | (0.07) | 0.60 | 0.09 | (0.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 88.64 | 59.35 | 65.76 | 79.57 | 46.05 | 29.69 | 121 |
| Revenue growth | +49.4% | -9.8% | -17.4% | +72.8% | +55.1% | -75.5% | - |
| Other income | 2.40 | 0.73 | 0.69 | 8.14 | 2.10 | 3.34 | 3.36 |
| Total expenses | 82.54 | 83.36 | 82.56 | 94.47 | 59.90 | 57.01 | 155 |
| Employee cost | 17.46 | 18.91 | 23.37 | 22.88 | 19.25 | 17.37 | 44.95 |
| EBITDA | 6.10 | (24.01) | (16.80) | (14.90) | (13.85) | (27.32) | (33.69) |
| EBITDA margin | +6.9% | -40.5% | -25.6% | -18.7% | -30.1% | -92.0% | -27.8% |
| Depreciation | 0.84 | 0.79 | 1.12 | 1.39 | 1.35 | 1.70 | 2.42 |
| Interest | 0.86 | 2.55 | 2.38 | 2.84 | 2.47 | 2.53 | 1.70 |
| Profit before tax | 6.80 | (26.62) | (19.61) | (10.99) | (15.57) | (28.21) | (34.45) |
| Tax | 1.84 | 0.07 | 0.25 | 0.31 | (0.21) | 0.48 | 0.88 |
| Net profit | 3.74 | (14.98) | (20.07) | (18.54) | (14.73) | (18.20) | (31.53) |
| Net profit margin | +4.2% | -25.2% | -30.5% | -23.3% | -32.0% | -61.3% | -26.1% |
| EPS (₹) | 1.63 | (8.78) | (6.53) | (3.71) | (5.05) | (9.44) | (11.62) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 | 6.08 |
| Reserves & surplus | 51.95 | 47.19 | 73.63 | 93.06 | 104 | 118 | 147 |
| Shareholders' funds (net worth) | 58.03 | 53.27 | 79.71 | 99.14 | 110 | 124 | 153 |
| Secured loans | 0.00 | 0.00 | 10.64 | 10.45 | 17.70 | 18.85 | 9.11 |
| Unsecured loans | 3.00 | 7.00 | 7.00 | 0.06 | 0.08 | 0.00 | 0.00 |
| Total debt | 3.00 | 7.00 | 17.64 | 10.51 | 17.78 | 18.85 | 9.11 |
| Total liabilities | 66.35 | 66.01 | 104 | 117 | 136 | 153 | 165 |
| Assets | |||||||
| Gross block | 171 | 187 | 197 | 198 | 204 | 205 | 212 |
| Net block | 77.77 | 85.17 | 88.52 | 89.60 | 91.88 | 93.22 | 95.27 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.70 | 1.43 |
| Inventories | 33.30 | 30.60 | 43.56 | 60.14 | 50.77 | 52.95 | 62.18 |
| Sundry debtors | 1.24 | 6.00 | 1.34 | 2.44 | 1.13 | 3.41 | 18.05 |
| Cash & bank balances | 2.63 | 2.99 | 0.44 | 1.58 | 8.35 | 10.64 | 22.06 |
| Loans & advances | 14.71 | 9.39 | 7.60 | 7.90 | 6.51 | 4.73 | 7.89 |
| Total current assets | 51.88 | 48.98 | 52.94 | 72.06 | 66.76 | 71.73 | 110 |
| Total current liabilities | 54.16 | 60.65 | 32.12 | 39.82 | 19.42 | 16.43 | 48.39 |
| Net working capital | (2.28) | (11.67) | 20.82 | 32.24 | 47.34 | 55.30 | 61.79 |
| Total assets | 66.35 | 66.01 | 104 | 117 | 136 | 153 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.14 | 0.19 | 1.31 | 0.44 | 0.82 | 1.69 | 4.84 |
| Net cash from operating activities | 1.19 | 0.33 | (6.50) | (5.84) | (0.83) | (22.25) | (27.35) |
| Net cash from investing activities | 3.37 | 14.72 | 0.39 | 16.73 | 4.05 | 13.85 | 17.95 |
| Net cash from financing activities | (4.78) | (13.11) | 5.00 | (10.02) | (3.60) | 7.53 | 6.25 |
| Net change in cash | (0.22) | 1.95 | (1.12) | 0.87 | (0.38) | (0.87) | (3.15) |
| Closing cash | 2.63 | 2.99 | 0.44 | 1.58 | 8.35 | 10.64 | 22.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.4% | -9.8% | -17.4% | +72.8% | +55.1% | -75.5% | - |
| EBITDA growth | +125.4% | -42.9% | -12.8% | -7.6% | +49.3% | +18.9% | - |
| PBT growth | +9998.0% | -35.8% | -78.4% | +29.4% | +44.8% | +18.1% | -117.2% |
| Net income growth | +125.0% | +25.4% | -8.3% | -25.9% | +19.1% | +42.3% | - |
| Revenue CAGR (3Y) | +3.7% | +8.8% | +30.4% | -13.0% | -43.2% | -45.6% | -22.3% |
| EBITDA CAGR (3Y) | - | +20.1% | -15.0% | -23.8% | -2.9% | +7.8% | -9.1% |
| Profitability & leverage | |||||||
| Net income margin | +5.6% | -45.0% | -30.2% | -14.2% | -33.4% | -96.6% | -29.2% |
| Return on capital employed | +7.5% | 0.0% | 0.0% | 0.0% | -9.1% | -9.5% | -16.1% |
| Return on net worth | +4.9% | 0.0% | 0.0% | 0.0% | -13.1% | -13.1% | -18.4% |
| Debt / equity | 0.09 | 0.19 | 0.16 | 0.14 | 0.16 | 0.10 | 0.03 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 16.35 | -10.28 | -13.28 | -17.43 | -16.25 | -8.72 | -4.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.49 | 0.31 | 0.33 | 0.40 | 0.23 | 0.14 | 0.57 |
| Inventory turnover | 2.77 | 1.60 | 1.27 | 1.43 | 0.89 | 0.52 | 1.70 |
| Debtors turnover | 24.49 | 16.17 | 34.79 | 44.58 | 20.29 | 2.77 | 10.15 |
| EPS (₹) | 1.63 | (8.78) | (6.53) | (3.71) | (5.05) | (9.44) | (11.62) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 19.08 | 17.52 | 26.21 | 32.60 | 36.05 | 40.82 | 50.34 |
To see the full year-wise statements and ratios of Manugraph India Limited, buy the company report.
Board of directors of Manugraph India Limited
Manugraph India has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sanat Shah | Managing Director | 11 Aug 1989 | 37 Years 3 Months | Current |
| Pradeep Sanat Shah Also directs: Manu Realty LLP, Manusons Builders LLP, Multigraph Machinery Company Private Limited and 2 more | Managing Director | 11 Aug 1989 | 37 Years 3 Months | Current |
| Basheera Juzer Indorewala | Director | 07 Feb 2018 | 8 Years 9 Months | Current |
| Shailesh Baburao Shirguppi | Whole-Time Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Madhavi Harsh Kilachand | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
| Konasamudram Nageshwaran Padmanabhan | Director | 02 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Manugraph India Limited is audited by DESAI SHAH & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESAI SHAH & ASSOCIATES | FY 2025 | 118174W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.60% and retail and other public shareholders hold 40.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.70% | 57.70% | 57.70% | 57.70% |
| Public | 42.30% | 42.30% | 42.30% | 42.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 1995 | 90240150 | Central Bank of India | ₹10 Lakh | Open | |
| 15 Feb 1995 | 90156041 | Central Bank of India | ₹70 Lakh | Open | |
| 27 Jan 1995 | 90240026 | Central Bank of India | ₹50 Lakh | Open | |
| 13 Sep 1990 | 90239540 | Central Bank of India | ₹2.5 Lakh | Open | |
| 04 Jun 2010 | 10229124 | State Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Manugraph India Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Manugraph India Limited has 35 deals on record (34 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2024.
Deals on record (5 of 35)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Market trade | ₹46.6 Lakh | Buyer: Pace Setters Business Solutions Private Limited Seller: Raviraj Developers Limited |
| Mar 2023 | Market trade | ₹66.7 Lakh | Buyer: New Millenium Technology Management Private Limited Seller: Prithvi Vincom Private Limited |
| Mar 2018 | Market trade | ₹1.13 Cr | Buyer: Isl Consulting Limited Seller: an individual |
| Mar 2017 | Market trade | ₹10.31 Cr | Buyer: Santsu Finance and Investment Private Limited. , Manu Enterprises Limited Seller: an individual |
| Mar 2017 | Market trade | ₹6.46 Cr | Buyer: Santsu Finance and Investment Private Limited. Seller: an individual |
To see the full deal history of Manugraph India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manugraph India Limited has 178 court cases on record: 66 filed by Manugraph India, 114 filed against it. 7 cases are pending and 171 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 57 | 2 |
| High courts | 79 | 55 | 5 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 178)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0102-Labour Matters : Retrenchment) | Filed against the company by Manugraph Unit-2 Employees Union Vice-President Manugraph India Limited, Unit-2, Kodoli, Taluka-Panhala ,Kolhapur , Maharashtra | Disposed |
| Supreme Court | Court case (0102-Labour Matters : Retrenchment) | Filed by the company against Manugraph India Limited Director Sidhwa House, N A Sawant Marg, Colaba, Mumbai- 400 005 , , Maharashtra and 1 other | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Sigmarq Technologies Pvt Ltd and 9 Ors | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against M/S Manugraph India Ltd. Unit No. 2, Employees Union | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Sigmarq Technologies Pvt Ltd and 9 Others | Disposed |
To see the full case history of Manugraph India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Manugraph India Limited was last rated by Crisil on 28 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Dec 2020 |
To see the full credit ratings and regulatory alerts of Manugraph India Limited, buy the company report.
MSME payment delays
Manugraph India Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 264 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Speciality Innotech Private Limited | |||
| Shree Dattatraya Industries | |||
| Sai-Lee Electrotekniks Private Limited | |||
| Safe Lifters Private Limited | |||
| Indomax |
To see the full MSME payment records of Manugraph India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Manugraph India Limited has a workforce of 189 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 189 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Manugraph India Limited, buy the company report.
GST
Manugraph India has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7246H1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM7246H2ZD | Maharashtra | Active | 06 Oct 2017 |
To see the full GST registrations and return filing status of Manugraph India Limited, buy the company report.
Recent activity
Manugraph India Limited has 39 board changes on record since 1972: 23 appointments and 16 cessations. The latest: Hiten Chandulal Timbadia ceased to be Director on 03 Mar 2023.
52 earlier events are in the company report.
News
Frequently asked questions
Manugraph India is an active public limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 April 1972 (54+ years old) and is registered under CIN L29290MH1972PLC015772. Listed on BSE: 505324 and NSE: MANUGRAPH.
Manugraph India reported revenue of ₹88.64 Cr for FY 2025-26 (up 49.4% YoY) based on standalone financials.
Manugraph India has 7 current directors:
- Sanjay Sanat Shah - Managing Director
- Pradeep Sanat Shah - Managing Director
- Shailesh Baburao Shirguppi - Whole-Time Director
- Basheera Juzer Indorewala - Director
- Madhavi Harsh Kilachand - Director
- Konasamudram Nageshwaran Padmanabhan - Director
- Nimish Jayant Vakil - Director
The latest financial statements of Manugraph India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manugraph India is 27AAACM7246H1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACM7246H2ZD (Maharashtra).
The CIN (Corporate Identification Number) of Manugraph India is L29290MH1972PLC015772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Manugraph India is a listed company as per MCA records. Its shares are listed on both BSE (code: 505324) and NSE (symbol: MANUGRAPH).
Manugraph India has 178 court cases on record: 66 filed by the company and 114 filed against it. 7 are pending. Most are in the district courts.
Manugraph India was incorporated on 25 April 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Manugraph India has 35 deals on record (34 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2024.
Hiten Chandulal Timbadia ceased to be Director on 03 Mar 2023. Abhay Jitendra Mehrotra ceased to be Director on 02 Mar 2023. Konasamudram Nageshwaran Padmanabhan was appointed as Director on 02 Mar 2023. Manugraph India has 39 board changes on record in total.

