Outcome of the Board Meeting held on 07-05-2026
MANAKALUCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manaksia Aluminium Company reported audited standalone financial results for FY2026 with revenue from operations of Rs 56,390.67 lakh (up 10.75% from Rs 50,914.75 lakh in FY2025) and profit after tax of Rs 755.61 lakh (up 24.98% from Rs 604.58 lakh). The Board declared a dividend of Rs 0.05 per share (5% on face value). Statutory auditors M/s Dangi Jain & Co issued an unmodified opinion. The meeting also approved appointment of new Internal Auditor (M/s S. Bhalotia & Associates) and Cost Auditor (M/s S. Chhaparia & Associates) for FY2026-27. Notable Emphasis of Matter relates to GST demand orders of Rs 38.80 crore plus Rs 3.88 crore penalty, against which the Company has filed appeals.
Revenue growth of ~11% and PAT growth of ~25% indicates improving profitability. The unmodified audit opinion provides comfort on financial reporting quality. However, the Rs 42.68 crore GST demand represents a significant contingent liability though management believes no material outflow is likely. The dividend payout signals confidence in cash generation.