Manaksia Steels (MANAKSTEEL)₹125.34+2.70%Iron & Steel
In the Jun 2026 quarter (consolidated), Manaksia Steels reported sales of ₹327 Cr, up 50.7% from Jun 2025, and net profit of ₹22.93 Cr, up 283.4% year on year. For the year to Mar 2026, sales were ₹1,131 Cr and net profit ₹39.88 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 166 | 134 | 163 | 165 | 104 | 160 | 204 | 217 | 263 | 318 | 333 | 327 |
| Expenses | 158 | 128 | 156 | 163 | 108 | 156 | 196 | 208 | 251 | 303 | 296 | 295 |
| Operating Profit | 9.98 | 5.99 | 7.99 | 2.99 | −2.99 | 5.99 | 8.99 | 10.99 | 11.99 | 14.98 | 37.99 | 33.95 |
| OPM % | 6.0% | 4.7% | 4.9% | 1.9% | −3.0% | 3.6% | 4.4% | 4.9% | 4.7% | 4.8% | 10.9% | 10.0% |
| Other Income | 5.01 | 6.01 | 3.01 | 3.01 | 8.03 | 0.00 | 1.01 | 3.01 | 1.01 | 3.01 | −2.01 | 4.01 |
| Interest | 0.99 | 2.99 | 3.99 | 1.99 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 1.99 | 6.99 | 3.99 |
| Depreciation | 2.01 | 2.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 |
| Profit before tax | 11.99 | 7.01 | 5.99 | 2.99 | 1.99 | 2.01 | 4.99 | 8.99 | 5.99 | 12.99 | 25.98 | 30.01 |
| Tax % | 24.0% | 31.0% | 19.0% | 51.0% | 36.0% | −10.0% | 3.0% | 25.0% | 31.0% | 24.0% | 27.0% | 26.0% |
| Exceptional items | 0.00 | 0.99 | −0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 8.98 | 4.99 | 4.98 | 1.99 | 0.99 | 1.99 | 4.99 | 5.98 | 3.99 | 9.97 | 18.94 | 22.93 |
| EPS (Rs) | 1.35 | 0.72 | 0.68 | 0.24 | 0.16 | 0.34 | 0.71 | 0.98 | 0.68 | 1.46 | 2.94 | 3.45 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 503 | 689 | 536 | 504 | 612 | 742 | 682 | 634 | 1,131 | 1,242 |
| Expenses | 474 | 670 | 519 | 467 | 560 | 720 | 646 | 622 | 1,060 | 1,146 |
| Operating Profit | 31.99 | 19.98 | 18.98 | 38.97 | 52.93 | 23.99 | 36.98 | 14.99 | 76.98 | 98.91 |
| OPM % | 6.0% | 3.0% | 3.6% | 8.0% | 9.0% | 3.2% | 6.0% | 2.3% | 7.0% | 8.0% |
| Other Income | 2.01 | 4.01 | 3.01 | 7.02 | 8.03 | 7.01 | 16.04 | 12.03 | 4.01 | 6.02 |
| Interest | 3.99 | 2.99 | 1.99 | 1.99 | 1.99 | 3.99 | 7.98 | 7.99 | 15.97 | 16.96 |
| Depreciation | 8.01 | 6.01 | 9.01 | 10.02 | 11.02 | 10.03 | 7.01 | 6.01 | 11.01 | 12.04 |
| Profit before tax | 21.99 | 15.99 | 10.99 | 33.97 | 48.97 | 16.99 | 37.97 | 11.99 | 53.95 | 74.97 |
| Tax % | 30.0% | 48.0% | 18.0% | 23.0% | 28.0% | 29.0% | 25.0% | 19.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 15.97 | 7.98 | 8.97 | 26.92 | 34.94 | 11.98 | 27.91 | 9.98 | 39.88 | 55.83 |
| EPS (Rs) | 2.37 | 1.26 | 1.30 | 4.04 | 5.38 | 1.85 | 4.32 | 1.48 | 6.08 | 8.53 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.97 | 6.98 | 6.99 | 6.98 |
| Reserves | 169 | 179 | 185 | 216 | 260 | 284 | 294 | 283 | 319 |
| Borrowings | 95.57 | 2.99 | 60.75 | 66.71 | 9.96 | 48.82 | 185 | 205 | 150 |
| Other Liabilities | 104 | 146 | 150 | 57.72 | 73.65 | 80.61 | 33.83 | 41.91 | 114 |
| Total Liabilities | 374 | 334 | 402 | 347 | 349 | 419 | 519 | 536 | 592 |
| Fixed Assets | 68.82 | 74.81 | 98.78 | 87.83 | 76.80 | 71.84 | 58.87 | 61.86 | 152 |
| CWIP | 6.01 | 28.01 | 3.01 | 0.00 | 5.01 | 7.01 | 32.03 | 93.10 | 33.01 |
| Investments | 7.01 | 17.02 | 11.01 | 25.01 | 52.02 | 129 | 185 | 129 | 86.05 |
| Other Assets | 294 | 215 | 290 | 234 | 215 | 211 | 243 | 252 | 321 |
| Inventories | 132 | 90.29 | 139 | 86.36 | 105 | 126 | 141 | 137 | 156 |
| Trade receivables | 95.20 | 83.14 | 45.05 | 19.01 | 30.04 | 17.03 | 26.04 | 38.07 | 64.05 |
| Cash & equivalents | 35.89 | 19.96 | 43.86 | 16.97 | 17.96 | 28.93 | 28.92 | 29.91 | 4.99 |
| Total Assets | 374 | 334 | 402 | 347 | 349 | 419 | 519 | 536 | 592 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −10.02 | 130 | −4.01 | 36.07 | −1.01 | 24.06 | −52.06 | 14.03 | 62.13 |
| Cash from investing activity | −21.91 | −35.85 | −25.89 | −67.73 | 58.76 | −62.75 | −80.72 | −20.92 | 2.99 |
| Cash from financing activity | 33.99 | −96.06 | 52.99 | 4.99 | −59.01 | 34.97 | 130 | 8.99 | −70.01 |
| Net cash flow | 2.01 | −2.01 | 23.01 | −27.01 | −1.01 | −3.99 | −3.01 | 2.01 | −5.99 |
| Capex | 24.73 | 33.00 | 11.03 | 0.74 | 6.92 | 8.23 | 38.77 | 71.02 | 37.48 |
| Free cash flow | −34.92 | 96.73 | −14.96 | 35.93 | −6.98 | 15.97 | −90.75 | −54.90 | 23.95 |
| CFO / OP % | 11.0% | 676.0% | 3.0% | 108.0% | 20.0% | 117.0% | −124.0% | 108.0% | 95.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 69 | 44 | 30 | 14 | 18 | 8 | 14 | 22 | 21 |
| Inventory days | 118 | 56 | 117 | 85 | 85 | 75 | 92 | 94 | 64 |
| Days payable | 75 | 80 | 110 | 10 | 10 | 9 | 7 | 14 | 22 |
| Cash conversion cycle | 112 | 20 | 38 | 89 | 93 | 74 | 100 | 102 | 63 |
| Working capital days | 45 | 24 | 5 | −3 | 69 | 27 | −5 | −9 | 40 |
| ROCE % | — | 8.0% | 5.0% | 13.0% | 17.0% | 6.0% | 11.0% | 4.0% | 14.0% |
For the Jun 2026 quarter, Manaksia Steels reported sales of ₹327 Cr, up 50.7% year on year and net profit of ₹22.93 Cr, up 283.4% year on year. The operating margin was 10.0%.
Manaksia Steels' sales for the year to Mar 2026 were ₹1,131 Cr; over the last twelve months they were ₹1,242 Cr.
Net profit for the year to Mar 2026 was ₹39.88 Cr, and ₹55.83 Cr over the last twelve months. Earnings per share over the same trailing period were ₹8.53.
Manaksia Steels reported borrowings of ₹150 Cr at Mar 2026, against cash and equivalents of ₹4.99 Cr.
Cash from operations was ₹62.13 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹23.95 Cr.