- Business
- Manaksia Steels Limited is a multinational steel manufacturing company specializing in value-added flat steel products. Founded in 1993 and headquartered in Kolkata, India, the company operates in the metal products and metal formation industry. Its core product portfolio includes cold rolled steel sheets and coils used in automobile panels; hot-dipped galvanized steel sheets and coils for roofing, cladding, insulated panels, automotive body building, white goods, and housing appliances; and pre-painted (color coated) steel sheets and coils serving construction, housing, consumer durables, and industrial applications.
The company serves diverse sectors including housing, infrastructure, automotive, consumer appliances, and general engineering across India and selected international markets. Manaksia Steels holds ISO 9001:2015 accreditation, reflecting its commitment to quality and operational excellence.
Recent major developments include the commencement of commercial production and product launch of an Aluzinc line at its Haldia plant from June 2025, supported by regulatory approval and aimed at expanding its product offering in coated steel. In November 2025, the company announced the approval of capital expenditure approximately Rs 340 crore for expanding the manufacturing capacity of its color coating line at Haldia plant, with expected commissioning by Q4 FY2026 to enhance production capabilities and meet rising demand. Manaksia Steels reported robust financial growth for the quarter ended September 2025 with sales exceeding Rs 262 crore, up over 150% year-over-year, and net profit rising over 300% compared to the previous year’s quarter, driven by expanded capacity and stronger market outreach. These initiatives reflect the firm's strategic shift to value-added steel products and increased emphasis on modern state-of-the-art manufacture enhancing efficiency and profitability.
Manaksia Steels Limited continues to focus on innovative product development and scaling operations to capitalize on the growing demand for specialized steel products in India's housing and infrastructure segments while maintaining a multi-location operational presence mainly concentrated in eastern India.