Announced Mon, 10 Aug · 20:09 IST
Manaksia Steels Q1 PAT triples YoY, Rs 800 cr Haldia expansion approved
MANAKSTEEL · price
▲ 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
+4.4%1-day move
₹80.21
prior close
₹84.71
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+4.4+6.3+7.2+6.7+8.5+6.0+30.3+47.7——
Up moveDown movePending
AI summary
Manaksia Steels Q1 FY27 standalone PAT jumped to Rs 22.38 cr from Rs 6.35 cr YoY on revenue of Rs 302.22 cr vs Rs 200.98 cr. EBITDA rose to Rs 36.33 cr from Rs 12.54 cr. EPS at Rs 3.41 vs Rs 0.97. Board approved 25th AGM for 23rd Sept 2026 via video conferencing. In-principle approval for about Rs 800 cr expansion at Haldia for cold-rolled and coated steel in two phases, to be completed by FY34. E-voting cut-off 16th Sept.
Likely market impact
Strong Q1 earnings with PAT tripling signal a sharp turnaround. Rs 800 cr capex signals aggressive growth but may pressure leverage over 8 years.