The Board of Directors of the Company at its meeting held today i.e., Friday, 22nd May, 2026, which commenced at 01:00 P.M. and concluded at 04:15 P.M. have inter-alia transacted the following ....
MANAKSTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manaksia Steels Limited reported strong audited financial results for FY 2026 ended 31st March 2026. Standalone total income grew to Rs 1,05,751.17 lakhs from Rs 59,781.83 lakhs in FY 2025, while consolidated total income reached Rs 1,13,542.59 lakhs from Rs 64,679.26 lakhs. Standalone PAT improved significantly to Rs 3,816.95 lakhs from Rs 1,170.26 lakhs (226% growth), and consolidated PAT reached Rs 3,991.84 lakhs from Rs 974.98 lakhs (309% growth). EBITDA on standalone basis increased from Rs 2,568.68 lakhs to Rs 7,656.38 lakhs. The Board approved appointment of M/s. JMNR & Associates as Internal Auditors and re-appointed M/s. B. Mukhopadhyay & Co. as Cost Auditors for FY 2026-27. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
The company delivered exceptional performance with PAT growth exceeding 200% and EBITDA margin expansion from 4.3% to 7.3% on standalone basis, indicating strong operational efficiency gains. Clean audit opinion removes any concerns about financial reporting quality. The stock appears fundamentally strong with robust profitability growth.