Manaksia Limited Reports Strong Q3 Performance with Subsidiary EBITDA Growth
Manaksia Limited delivered robust Q3FY26 performance with standalone revenue growing 46.66% to ₹4,527.99 lakhs and net profit surging to ₹532.76 lakhs. The subsidiary Manaksia Coated Metals demonstrated operational efficiency improvements with EBITDA rising to ₹155M and margins expanding to 8.29% from 7.06% year-over-year, despite revenue decline.

*this image is generated using AI for illustrative purposes only.
Manaksia Limited has announced its unaudited financial results for the third quarter of FY26 ended 31st December 2025, showcasing robust performance across key financial metrics. The Board of Directors approved these results during their meeting held on 30th January 2026, with the company demonstrating significant improvement in both revenue generation and profitability. Additionally, subsidiary Manaksia Coated Metals reported enhanced quarterly performance with improved EBITDA margins.
Standalone Financial Performance
The company's standalone operations delivered impressive results for Q3FY26, with substantial growth across major financial parameters:
| Metric: | Q3FY26 | Q3FY25 | Growth |
|---|---|---|---|
| Revenue from Operations: | ₹4,527.99 lakhs | ₹3,087.42 lakhs | +46.66% |
| Total Income: | ₹5,217.02 lakhs | ₹3,267.45 lakhs | +59.67% |
| EBITDA: | ₹729.14 lakhs | ₹87.66 lakhs | +731.67% |
| Net Profit: | ₹532.76 lakhs | ₹12.15 lakhs | +4,284.78% |
| EPS (₹2 face value): | ₹0.81 | ₹0.02 | +3,950% |
The remarkable improvement in profitability reflects enhanced operational efficiency and better cost management. Other income contributed ₹689.03 lakhs during the quarter, significantly higher than ₹180.03 lakhs in the corresponding previous period.
Subsidiary Performance - Manaksia Coated Metals
Manaksia Coated Metals demonstrated improved operational efficiency during the quarter with enhanced profitability metrics:
| Parameter: | Q3 Current | Q3 Previous Year | Change |
|---|---|---|---|
| EBITDA: | ₹155M | ₹145M | +6.90% |
| EBITDA Margin: | 8.29% | 7.06% | +123 bps |
| Net Profit: | ₹74M | ₹51M | +45.10% |
| Revenue: | ₹1.9B | ₹2.05B | -7.32% |
Despite revenue decline, the subsidiary successfully improved both EBITDA and profitability margins, demonstrating effective cost management and operational efficiency improvements.
Nine-Month Performance Analysis
For the nine-month period ended 31st December 2025, Manaksia Limited maintained strong momentum with consistent growth across all key metrics:
| Parameter: | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹11,405.15 lakhs | ₹8,577.69 lakhs | +32.97% |
| Total Income: | ₹12,696.75 lakhs | ₹9,328.89 lakhs | +36.09% |
| EBITDA: | ₹1,409.41 lakhs | ₹435.08 lakhs | +223.93% |
| Net Profit: | ₹1,027.98 lakhs | ₹282.56 lakhs | +263.84% |
The sustained performance improvement over the nine-month period demonstrates the company's ability to maintain operational excellence and capitalize on market opportunities effectively.
Consolidated Results and Segment Performance
On a consolidated basis, Manaksia Limited's performance reflects the strength of its diversified business portfolio. The consolidated revenue from operations reached ₹18,402.45 lakhs in Q3FY26 compared to ₹18,789.69 lakhs in Q3FY25. Net profit for the quarter stood at ₹1,454.27 lakhs versus ₹1,304.64 lakhs in the previous year, representing an 11.47% increase.
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Segment Result Q3FY26 |
|---|---|---|---|
| Metal Products: | ₹16,507.84 lakhs | ₹15,772.31 lakhs | ₹474.28 lakhs |
| Packaging Products: | ₹1,883.59 lakhs | ₹3,017.38 lakhs | ₹323.97 lakhs |
| Others: | ₹11.02 lakhs | - | ₹2.03 lakhs |
The Metal Products segment continues to be the primary revenue driver, contributing the majority of consolidated revenues and maintaining healthy profitability margins.
Corporate Developments and Outlook
The company has several significant corporate developments in progress, including a proposed demerger scheme approved by the Board of Directors. This scheme involves the demerger of the Metal Product business undertaking into Manaksia Ferro Industries Limited, a wholly owned subsidiary. The scheme has received approvals from BSE Limited, National Stock Exchange of India Limited, and SEBI, with shareholders approving the proposal in an Extraordinary General Meeting.
The results demonstrate Manaksia Limited's strong operational performance and strategic positioning, with the company successfully leveraging its diversified business model to deliver consistent growth and improved profitability across reporting periods, while effectively managing subsidiary performance with enhanced EBITDA margins.
Historical Stock Returns for Manaksia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.70% | -3.77% | -8.26% | -12.09% | -13.71% | +14.25% |


































