MANAKSTEELNSEMANAKSIA STEELS LTDHighNeutral
Announced Mon, 10 Aug · 20:02 IST

Manaksia Steels Q1 PAT jumps over 3x; announces Rs 800 cr Haldia expansion

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDFExplain this filing

MANAKSTEEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
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AI summary

Standalone revenue grew about 50 percent to Rs 302.22 cr from Rs 200.98 cr YoY. EBITDA rose to Rs 36.33 cr from Rs 12.54 cr. PAT surged to Rs 22.38 cr from Rs 6.35 cr, up over 3x. Board approved Rs 800 cr expansion of Haldia facility in two phases by FY30 and FY34, funded by debt and internal accruals. Capacity for CR coil, coated and colour coated steel will be expanded. Also evaluating a 10 MW captive solar plant. AGM set for September 23, 2026.

Likely market impact

Strong Q1 earnings and large capacity expansion could lift sentiment; significant debt funding may pressure balance sheet in coming years.