Manaksia Steels FY26 net profit jumps 309% to ₹39.92 crore

1 min read     Updated on 26 May 2026, 02:03 AM
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Suketu GScanX News Team
AI Summary

Manaksia Steels Limited reported a consolidated net profit of ₹39.92 crore for FY26, a 309% increase from ₹9.75 crore in the previous year, while standalone net profit reached ₹38.17 crore. Total consolidated income grew 75.55% to ₹1,135.43 crore. For Q4 FY26, consolidated net profit surged to ₹19.32 crore from ₹4.71 crore, with total income rising 61.58% to ₹331.24 crore. EBITDA for the quarter stood at ₹36.12 crore, up 268.40%. The company announced plans to establish a second Cold Rolling Mill at Haldia with a capacity of 250,000 MTPA and an investment of ₹100 crore.

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Manaksia Steels Limited has published its audited financial results for the quarter and year ended March 31, 2026. The company recorded a consolidated net profit of ₹39.92 crore for the full year, marking a significant increase from ₹9.75 crore in the previous year. On a standalone basis, the net profit stood at ₹38.17 crore for FY26. Total consolidated income for the year rose to ₹1,135.43 crore, up 75.55% year-on-year.

Financial Performance

For the fourth quarter of FY26, the company achieved a consolidated net profit of ₹19.32 crore, compared to ₹4.71 crore in the corresponding period of the previous year. Total income for Q4 FY26 reached ₹331.24 crore, registering a 61.58% year-on-year growth. The company also reported robust growth in EBITDA, which stood at ₹36.12 crore for the quarter, up 268.40% from Q4 FY25.

Key financial metrics for the quarter and year ended March 31, 2026, are summarised below:

Particulars (₹ in Cr.) Standalone Q4 FY 26 Consolidated Q4 FY 26 Standalone FY 26 Consolidated FY 26
Total Income 308.24 331.24 1,057.51 1,135.43
EBITDA 34.73 36.12 76.56 80.89
Net Profit (PAT) 18.71 19.32 38.17 39.92
EPS (₹) 2.86 2.95 5.82 6.09

Operational Highlights and Expansion

Commenting on the performance, Mr. Varun Agrawal, Managing Director, highlighted that the company delivered robust growth with EBITDA, PAT, and EPS growing by over 300% in Q4. The Aluzinc-Coated Steel Line operated at approximately 85% capacity utilisation. During the quarter, the company augmented its Colour-Coating Line capacity by 25% to 60,000 MTPA.

Looking ahead, the company announced the establishment of a second 6Hi Reversible Cold Rolling Mill at Haldia with a proposed capacity of 250,000 MTPA and an estimated investment of ₹100 crore. This project, expected to be completed by Q4 FY 2027-28, will increase total Cold Rolling capacity to approximately 350,000 MTPA. Additionally, commissioning activities for the new Colour-Coating Line (CCL II) are progressing, with trial production expected to commence in the next quarter.

Historical Stock Returns for Manaksia Steels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+16.79%-4.32%+18.86%+17.30%+178.84%

How will the proposed ₹100 crore investment for the new Cold Rolling Mill impact the company's debt levels and leverage ratios in the near term?

What is the projected revenue contribution from the expanded Colour-Coating Line capacity once it reaches full utilization?

Will the company need to secure new customer contracts or markets to absorb the additional 250,000 MTPA capacity from the new Cold Rolling Mill?

Manaksia Limited Opens Special Window for Transfer and Dematerialization of Physical Securities

2 min read     Updated on 11 Apr 2026, 01:12 PM
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AI Summary

Manaksia Limited has opened a special window for transfer and dematerialization of physical securities, valid from February 05, 2026 to February 04, 2027. The initiative follows SEBI circular requirements and was announced through newspaper publications on April 11, 2026. Eligible shareholders can submit requests to the company or its RTA for securities sold/purchased prior to April 01, 2019.

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Manaksia Limited has announced the opening of a special window for transfer and dematerialization of physical securities, following regulatory requirements from the Securities and Exchange Board of India (SEBI). The company published newspaper advertisements on April 11, 2026, to inform shareholders about this significant opportunity for holders of physical securities.

Regulatory Compliance and Publication

The company's announcement comes pursuant to SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, and follows Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was published in Business Standard (English) and Ekdin (Bengali) newspapers on April 11, 2026, ensuring broad accessibility for shareholders.

Official Communication Details

The company's official communication to stock exchanges was signed by Company Secretary D. Chowdhury and submitted to both BSE Limited and National Stock Exchange of India Limited. The communication referenced the newspaper publications and confirmed that the notice has been uploaded on the company's website at www.manaksia.com .

Exchange: Details
BSE Limited: Scrip Code 532932
NSE Limited: Symbol MANAKSIA
Document Reference: Sec/Share/003/FY 2026-27
Date: April 11, 2026

Special Window Details

The special window provides a one-time opportunity for shareholders to transfer and dematerialize physical securities that were previously rejected or not processed. The key parameters of this initiative include:

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One year
Eligible Securities: Sold/purchased prior to April 01, 2019
Transfer Mode: Dematerialized form only
Lock-in Period: One year from registration date

Eligibility and Process

The special window specifically addresses physical securities that were sold or purchased prior to April 01, 2019, but were subsequently rejected, returned, or not attended due to deficiency in documents, process, or any other reason. During this period, securities transferred will be credited to the transferee only in dematerialized (demat) form and will remain under lock-in for one year from the date of registration of transfer.

Contact Information for Shareholders

Eligible shareholders can submit their requests for transfer and dematerialization along with requisite documents to either the company or its Registrar and Share Transfer Agent (RTA):

Entity: Contact Details
Company: Manaksia Limited
Address: Turner Morrison Building, 6 Lyons Range, 2nd Floor, Kolkata - 700 001
Phone: 033 2231-0055
Email: investor.relations@manaksia.com
RTA: Maheshwari Datamatics Pvt. Ltd.
RTA Address: 23, R. N. Mukherjee Road, 5th Floor, Kolkata - 700001
RTA Phone: 033 2243-5029
RTA Email: compliance@mdplcorporate.com

The notice has also been uploaded on the company's website at www.manaksia.com for easy access by shareholders. This initiative represents the company's commitment to facilitating shareholder services and ensuring compliance with regulatory requirements for the benefit of its investor community.

Historical Stock Returns for Manaksia Steels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+16.79%-4.32%+18.86%+17.30%+178.84%

How might the one-year lock-in period for dematerialized securities impact Manaksia's stock liquidity and trading volumes?

What percentage of Manaksia's total shareholding is expected to be converted from physical to demat form through this special window?

Could this dematerialization drive influence other listed companies to launch similar initiatives for their physical securities?

More News on Manaksia Steels

1 Year Returns:+17.30%