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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































