Manaksia Steels Ltd

Manaksia Steels Ltd

102.82
INR
-5.18
(-4.80%)
8.58EPS
8.61P/E
4.84BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
64.86
50.25
44.15
50.97
76.7
104.83
81.74
76.66
93.2
113.24
103.88
96.73
172.55
189.8
Basic EPS, GAAP
3.21
1.25
0.76
1.37
2.38
1.27
1.31
4.05
5.39
1.86
4.33
1.49
6.09
8.58
Free Cash Flow per Basic Share
-29.85
14.12
-0.96
-0.54
-5.34
14.83
-2.26
5.33
-1.14
2.43
-13.87
-8.75
3.69
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
21.44
22.64
23.4
24.77
26.83
28.26
29.17
34
40.6
44.31
45.85
44.15
49.74
- -
Tangible Book Value per Share
21.44
22.64
23.4
24.77
26.83
28.25
29.17
34
40.6
44.31
45.85
44.15
49.74
- -
Basic Weighted Avg Shares
33
66
66
66
66
66
66
66
66
66
66
66
66
65
Sales/Revenue/Turnover
2,125
3,293
2,893
3,340
5,026
6,870
5,357
5,024
6,108
7,421
6,808
6,339
11,308
12,411
Operating Margin (%)
7.97
2.47
3.33
5.74
5.3
2.92
2.61
6.03
7.08
2.23
4.73
1.9
6.22
7.03
Depreciation Expense
19
80
75
76
76
60
94
101
109
103
70
61
108
121
Net Income, GAAP
105
82
50
90
156
83
86
265
353
122
284
97
399
561
Effective Tax Rate (%)
31.82
26.48
39.4
37.2
29.87
47.87
18.34
22.85
27.83
28.77
24.96
18.75
26.29
26.24
Profit Margin (%)
4.95
2.48
1.72
2.69
3.11
1.21
1.6
5.28
5.78
1.64
4.17
1.54
3.53
4.52
Working Capital
741
864
967
1,107
1,043
811
542
167
1,565
1,695
1,652
1,201
1,292
- -
LT Debt
- -
- -
- -
- -
19
7
16
13
10
3
1
16
18
- -
Total Equity
1,405
1,484
1,534
1,623
1,759
1,852
1,912
2,228
2,660
2,904
3,004
2,894
3,260
- -
Return on Invested Capital (%)
- -
3.54
2.49
4.2
7.58
4.54
5.17
9
11.06
3.82
5.83
2.95
10.65
- -
Return on Capital (%)
- -
4.3
2.93
4.92
6.9
3.81
4.27
10.24
12.69
4.6
8.17
3.22
10.42
- -
Return on Common Equity (%)
- -
5.66
3.3
5.69
9.24
4.61
4.57
12.82
14.45
4.38
9.61
3.31
12.97
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,496
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
18
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
66
66
Market Capitalization
4,589
3,014
4,838

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,841
- -
Cash, Cash Equivalents & STI
- -
732
- -
Accounts Receivable, Net
- -
645
- -
Inventories
- -
1,553
- -
Total Current Liabilities
- -
2,549
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,496
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.02%
8.19%
12.65%
Free Cash Flow
-127.01%
-256.8%
-142.2%
Net Income, GAAP
66.39%
68.85%
309.43%
Sales/Revenue/Turnover
18.07%
21.26%
78.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,652
1,045
1,605
2,041
6,339
2026
2,175
2,627
3,179
3,331
11,308
2027
3,275
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.25
0.17
0.35
0.72
1.49
2026
0.99
0.69
1.47
2.95
6.09
2027
3.46
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vineet P. Agrawal
Full Time Employees
269
Sector
Non-energy minerals
Industry
Steel
Address
Turner Morrison Building Kolkata WB India 700001
IPO Date
Mar 30, 2015
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.