Manaksia Steels
59.24
-1.03(-1.71%)
Market Cap₹388.20 Cr
PE Ratio26.15
Company Performance:
1D-1.71%
1M-0.74%
6M+23.47%
1Y-10.30%
5Y+461.52%
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Latest news about Manaksia Steels
Manaksia Steels Announces ₹40 Crore Expansion, Reports Strong Q1 Results Jul 29, 2025
Manaksia Steels Limited plans to invest ₹40 crore to double its color coating line capacity at Haldia unit, adding 90,000 MT per annum. The new line is expected to be operational by Q4 FY2025-26. The company reported impressive Q1 results with a 30.19% increase in total income, 91.95% growth in EBITDA, and 297.99% surge in PAT year-on-year. Sales volume increased by 32%, with galvanised and pre-painted production up by 25% and 81% respectively. The Nigerian subsidiary showed 85% sales growth. Management remains optimistic about future growth prospects.
Manaksia Steels Reports Strong Q1 Results, Announces Capacity Expansion Jul 29, 2025