MANAKALUCONSEManaksia Aluminium Company LimitedHighNeutral
Announced Wed, 13 May · 12:19 IST

Manaksia Aluminium Company Limited has informed the Exchange regarding financial results for the quarter ended 31st march,2026 in Machine Readable form.

Pat Growth 25pctEmphasis Of MatterContingent Liabilities IncreasedResults View source PDF

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AI summary

Manaksia Aluminium reported audited financial results for FY2026 with total revenue of Rs 5,647.32 crore, up 10.7% from Rs 5,101.64 crore in FY2025. Net profit after tax grew 25% to Rs 755.61 lakh from Rs 604.58 lakh, while basic EPS improved to Rs 1.15 from Rs 0.92. The company recommended a final dividend of Rs 0.05 per share (5%). Statutory auditors issued an unmodified (clean) opinion. However, an emphasis of matter was raised regarding GST assessment orders where the company received a demand of Rs 38.80 crore plus Rs 3.88 crore penalty for erroneous refunds; the company has filed appeals and believes it has a strong legal case. The board also appointed new internal and cost auditors for FY2026-27.

Likely market impact

The 25% PAT growth and clean audit opinion are positive signals for shareholders. However, the pending GST demand of Rs 42.68 crore remains a contingent liability risk despite management's confidence in a favourable outcome. The modest dividend payout reflects retained earnings strategy for growth.