MANAKSTEELBSEManaksia Steels LtdHighNeutral
Announced Fri, 22 May · 16:52 IST

Audited Financial Results for the quarter and year ended 31.03.2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

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AI summary

Manaksia Steels Ltd reported strong financial performance for FY2025-26. Standalone revenue grew 80% to Rs 1,05,319 lakhs from Rs 58,418 lakhs in the previous year. Profit After Tax (PAT) surged 226% to Rs 3,817 lakhs from Rs 1,170 lakhs. EBITDA improved significantly to Rs 7,656 lakhs from Rs 2,569 lakhs, reflecting margin expansion from 4.3% to 7.2%. Consolidated results show revenue of Rs 1,13,110 lakhs and PAT of Rs 3,992 lakhs. The company operates in the metals segment and has subsidiaries in Nigeria (Federated Steel Mills, Far East Steel Industries) and Sumo Agrochem. Statutory auditors issued an unmodified (clean) opinion. The board also appointed new internal auditors and re-appointed cost auditors for FY2026-27.

Likely market impact

The stock shows exceptional growth with PAT expanding over 3x year-on-year and EBITDA margins improving by nearly 3 percentage points. Clean audit opinion and strong cash flows from operations (Rs 6,161 lakhs standalone) indicate healthy financial position. Shareholders can expect positive sentiment given the robust performance.