Manaksia Steels Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
MANAKSTEEL · price
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Manaksia Steels reported strong Q1 FY26 results with standalone revenue from operations rising 28.6% to Rs. 20,097.78 lakhs (from Rs. 15,630.66 lakhs in Q1 FY25). Standalone PAT jumped 173% to Rs. 634.71 lakhs and EBITDA nearly doubled to Rs. 1,254.04 lakhs, with EBITDA margin expanding to 6.2% from 4.0% a year ago. Consolidated results were even stronger, with revenue up 31.7% to Rs. 21,749.08 lakhs and PAT of Rs. 648.59 lakhs versus Rs. 162.97 lakhs previously. The company commissioned a new Aluzinc Coated Steel Line on June 10, 2025, and announced a Rs. 40 crore expansion to add a second Colour Coating Line of 90,000 MT per annum at its Haldia unit (existing 48,000 MT capacity fully utilised), to be funded through internal accruals by Q4 FY26. The 24th AGM is scheduled for September 23, 2025, with cut-off date of September 16, 2025. The board also approved re-appointment of Mrs. Nidhi Baheti as Independent Director and appointed MKB & Associates as Secretarial Auditors for five years.
Sharp improvement in both revenue and profitability, combined with a Rs. 40 crore capacity expansion funded entirely from internal accruals, signals strong operational momentum and is a positive for shareholders. The auditor change (S K Agrawal and Co. noted as current auditor with a predecessor auditor referenced) and the brand refresh align with the company's growth phase.