Key Financial Highlights on Audited financial results for the quarter and year ended 31st March, 2026
MANAKSTEEL · price
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Manaksia Steels reported exceptional growth for Q4 and FY26, driven by a sharp rise in steel prices due to power and fuel shortages, combined with over 100% year-on-year growth in sales volumes. Standalone Q4 revenue surged 61% to ₹308.24 Cr, with EBITDA jumping 306% to ₹34.73 Cr and PAT growing 332% to ₹18.71 Cr. For the full year FY26, standalone revenue rose 77% to ₹1,057.51 Cr, EBITDA expanded by 198% to ₹76.56 Cr, and PAT more than tripled to ₹38.17 Cr. EBITDA margin improved from 4.30% to 7.24% on the back of operating leverage and higher realisations. The Aluzinc-Coated Steel Line operated at ~85% capacity utilisation, and the company augmented its Colour-Coating Line capacity by 25% to 60,000 MTPA, with a new Colour-Coating Line (CCL II) expected to start trial production next quarter. A new 6Hi Reversible Cold Rolling Mill (250,000 MTPA) at Haldia has been announced with a ₹100 crore investment, targeted for completion by Q4 FY28.
The results reflect a transformational recovery in profitability, with margins nearly doubling. The strong operational ramp-up, capacity expansions, and backward integration plans signal a solid growth trajectory, which is likely to be viewed positively by investors.