Manaksia Steels Limited

BSE: MANAKSTEEL539044ISIN INE824Q01011

Commodities
Iron & Steel

Share price

₹120.75+2.15 (+1.81%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹123.95
52W low: ₹44.21
Off 52W high: -2.58%
1M return: +17.86%
3M return: +48.14%
6M return: +83.51%
1Y return: +112.59%
20D avg volume: 3,976
50 DMA: ₹107.18
200 DMA: ₹76.76

Key ratios Consolidated

Market cap: ₹791.32 Cr
Current price: ₹120.75
52W high / low: ₹123.95 / ₹44.21
Face value: ₹1.00
P/E: 14.11
P/B: 2.43
EPS (TTM): ₹8.56
Book value / share: ₹49.74
ROE: —
ROCE: 20.70%
Operating margin: —
Net margin: —
Debt / equity: 0.46
Net debt: ₹144.67 Cr
Interest cover: 4.40
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 53.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	327.49	333.08	317.86	262.67	217.49	204.15	160.48	104.45	165.18	162.91	133.60	166.34
	3.67	1.84	2.70	0.96	2.51	0.85	0.04	7.84	3.80	4.19	3.61	4.49
	331.16	331.24	320.56	263.63	220.00	205.00	160.53	112.29	168.98	167.09	137.21	170.83
	300.67	304.84	307.92	257.13	211.38	200.12	158.33	110.39	165.22	160.09	132.19	159.06
	235.72	271.26	259.66	210.77	195.88	181.58	136.61	109.52	124.03	131.59	122.77	134.04
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	7.53	7.23	6.74	6.51	6.07	5.28	5.75	5.09	5.23	4.88	5.01	5.31
	3.56	6.75	2.50	3.94	2.75	3.40	2.09	1.31	1.68	3.85	2.96	0.68
	3.16	2.98	2.97	2.96	1.89	1.53	1.58	1.53	1.48	1.34	1.83	1.83
	38.23	35.67	33.86	34.66	24.88	19.92	16.14	14.29	13.76	14.95	17.05	14.95
	30.49	26.40	12.64	6.50	8.62	4.88	2.19	1.90	3.75	7.00	5.02	11.77
	0.00	0.00	0.00	0.00	0.00	0.00	-0.09	-0.21	-0.43	-1.43	1.93	0.04
	30.49	26.40	12.64	6.50	8.62	4.88	2.10	1.69	3.33	5.58	6.96	11.81
	7.84	7.08	3.04	1.99	2.13	0.17	0.21	0.60	1.70	1.07	2.15	2.89
	22.65	19.32	9.61	4.50	6.49	4.71	2.32	1.09	1.63	4.51	4.81	8.92
	3.46	2.95	1.47	0.69	0.99	0.72	0.35	0.17	0.25	0.69	0.73	1.36
Key metrics
	37.21	36.13	18.11	13.40	13.26	9.81	5.77	4.53	6.49	10.77	11.75	14.32
	11.40%	10.80%	5.70%	5.10%	6.10%	4.80%	3.60%	4.30%	3.90%	6.60%	8.80%	8.60%
	6.90%	5.80%	3.00%	1.70%	3.00%	2.30%	1.40%	1.00%	1.00%	2.80%	3.60%	5.40%
	—	9.80%	—	3.30%	—	2.80%	—	—	—	—	—	—
	50.60%	63.20%	98.10%	151.50%	31.70%	25.30%	20.10%	-37.20%	—	—	—	—
	249.00%	310.20%	314.20%	312.80%	298.20%	4.40%	-51.80%	-87.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,241	1,131	634.26	681.07	742.38	610.92
	9.17	4.32	12.54	15.63	7.27	8.23
	1,247	1,135	646.79	696.70	749.64	619.16
	1,171	1,081	634.06	658.81	732.53	570.22
	977.41	937.56	551.74	559.86	617.77	478.64
	0.00	0.00	0.00	—	—	—
	28.01	26.55	21.34	20.56	22.52	21.54
	16.75	15.94	8.47	8.22	3.93	1.55
	12.07	10.80	6.11	6.96	10.28	10.87
	142.42	129.07	64.11	62.74	72.77	80.64
	76.03	54.15	12.73	37.89	17.11	48.94
	0.00	0.00	-0.73	-0.06	0.00	0.00
	76.03	54.15	12.00	37.83	17.11	48.94
	19.95	14.24	2.25	9.44	4.92	13.62
	56.08	39.92	9.75	28.38	12.19	35.32
	8.57	6.09	1.49	4.33	1.86	5.39
Key metrics
	104.85	80.89	26.58	53.01	31.32	61.36
	8.45%	7.20%	4.20%	7.80%	4.20%	10.00%
	4.52%	3.50%	1.50%	4.20%	1.60%	5.80%
	—	20.70%	6.80%	—	—	—
	80.77%	78.30%	-6.90%	-8.30%	21.50%	—
	283.85%	309.40%	-65.60%	132.80%	-65.50%	—
	—	24.21	-57.37	—	—	—
	—	1.54	1.39	—	—	—
	—	0.46	0.70	—	—	—
	—	144.67	193.60	—	—	—
	—	53.5	88.2	—	—	—
Balance sheet
	—	592.68	536.53	—	—	—
	—	384.13	357.40	—	—	—
	—	4.51	10.05	—	—	—
	—	64.49	38.27	—	—	—
	—	155.27	135.65	—	—	—
	—	75.39	45.46	—	—	—
	—	151.72	62.39	—	—	—
	—	53.77	20.62	—	—	—
	—	254.89	237.28	—	—	—
	—	149.18	203.65	—	—	—
	—	149.18	203.65	—	—	—
	—	0.00	0.00	—	—	—
	—	325.98	289.36	—	—	—
Cash flow
	—	61.61	13.53	—	—	—
	—	3.17	-20.95	—	—	—
	—	-70.43	9.16	—	—	—
	—	37.40	70.90	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	302.22	310.08	298.34	243.79	200.98	190.13	142.29	95.45	156.31	152.97	118.92	154.56
	3.67	-1.84	2.70	0.96	2.51	0.85	0.04	8.94	3.80	4.19	3.61	4.50
	305.88	308.24	301.04	244.75	203.48	190.99	142.34	104.39	160.11	157.16	122.53	159.06
	275.76	282.77	288.96	239.14	195.20	186.87	140.56	101.35	156.41	150.59	117.66	147.82
	221.67	257.48	246.22	199.80	187.27	173.51	129.81	102.21	120.34	132.05	117.20	125.67
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	5.42	5.47	5.13	5.03	4.67	4.03	4.56	3.91	3.89	3.57	3.77	3.63
	3.47	6.69	2.50	3.90	2.69	3.27	2.23	1.18	1.52	3.50	2.66	0.46
	2.74	2.58	2.60	2.61	1.56	1.17	1.27	1.25	1.17	1.00	1.32	1.22
	30.13	28.14	28.18	28.62	19.48	15.82	10.78	11.21	11.23	12.52	12.19	11.69
	30.12	25.46	12.08	5.61	8.28	4.11	1.78	3.04	3.70	6.57	4.88	11.24
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	2.85	—
	30.12	25.46	12.08	5.61	8.28	4.11	1.78	3.04	3.70	6.57	7.73	11.24
	7.74	6.75	2.97	1.60	1.94	-0.22	0.89	0.66	1.37	1.32	1.59	2.60
	22.38	18.71	9.10	4.01	6.35	4.33	2.67	2.38	2.33	5.25	6.13	8.64
	3.41	2.86	1.39	0.61	0.97	0.66	0.41	0.36	0.35	0.80	0.94	1.32
Key metrics
	36.33	34.73	17.18	12.12	12.53	8.55	5.28	5.47	6.39	11.07	11.71	12.92
	12.00%	11.20%	5.80%	5.00%	6.20%	4.50%	3.70%	5.70%	4.10%	7.20%	9.80%	8.40%
	7.40%	6.00%	3.10%	1.60%	3.20%	2.30%	1.90%	2.50%	1.50%	3.40%	5.20%	5.60%
	—	9.20%	—	2.90%	—	2.30%	—	—	—	—	—	—
	50.40%	63.10%	109.70%	155.40%	28.60%	24.30%	19.70%	-38.20%	—	—	—	—
	252.40%	332.10%	240.80%	68.50%	172.50%	-17.50%	-56.40%	-72.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,154	1,053	584.18	631.96	641.48	504.52
	5.49	4.32	13.64	15.63	7.23	8.23
	1,160	1,058	597.82	647.59	648.71	512.75
	1,087	1,006	585.19	611.56	632.26	472.16
	925.17	890.77	525.87	544.82	562.61	404.70
	0.00	0.00	0.00	—	—	—
	21.05	20.30	16.39	14.53	13.40	13.17
	16.56	15.79	8.20	7.21	2.47	0.81
	10.53	9.35	4.85	4.83	5.38	5.63
	115.07	104.42	49.04	48.55	49.26	55.57
	73.27	51.43	12.63	36.03	16.45	40.59
	0.00	0.00	0.00	2.85	—	—
	73.27	51.43	12.63	38.88	16.45	40.59
	19.06	13.26	0.93	8.66	3.80	11.03
	54.20	38.17	11.70	30.22	12.65	29.56
	8.27	5.82	1.79	4.61	1.93	4.51
Key metrics
	100.36	76.57	25.68	50.92	24.30	47.03
	8.69%	7.30%	4.40%	8.10%	3.80%	9.30%
	4.69%	3.60%	2.00%	4.80%	2.00%	5.90%
	—	19.30%	6.60%	—	—	—
	83.58%	80.30%	-7.60%	-1.50%	27.10%	—
	244.56%	226.20%	-61.30%	138.90%	-57.20%	—
	—	24.67	-55.74	—	—	—
	—	1.63	1.13	—	—	—
	—	0.44	0.67	—	—	—
	—	146.26	195.68	—	—	—
	—	56.5	94.6	—	—	—
Balance sheet
	—	594.39	544.83	—	—	—
	—	372.87	351.92	—	—	—
	—	2.92	7.97	—	—	—
	—	64.22	38.05	—	—	—
	—	146.90	132.85	—	—	—
	—	74.44	45.10	—	—	—
	—	140.80	52.29	—	—	—
	—	48.29	19.60	—	—	—
	—	245.33	229.96	—	—	—
	—	149.18	203.65	—	—	—
	—	149.18	203.65	—	—	—
	—	0.00	0.00	—	—	—
	—	338.95	306.17	—	—	—
Cash flow
	—	62.07	13.18	—	—	—
	—	3.17	-19.08	—	—	—
	—	-70.28	11.85	—	—	—
	—	37.40	68.92	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +17.97%
Sales CAGR 5Y: —
Profit CAGR 3Y: +44.50%
Profit CAGR 5Y: —
Sales YoY (TTM): +83.58%
Profit YoY (TTM): +244.56%

Consolidated

Sales CAGR 3Y: +15.07%
Sales CAGR 5Y: —
Profit CAGR 3Y: +48.50%
Profit CAGR 5Y: —
Sales YoY (TTM): +80.77%
Profit YoY (TTM): +283.85%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.74%

Holder	Type	Holding	Previous	Change
PAYAL AGRAWAL	Promoter Group	19.51%	—	—
VARUN AGRAWAL	Promoter Group	19.47%	—	—
SURESH KUMAR AGRAWAL	Promoter	18.85%	—	—
CHANDRAKALA AGRAWAL	Promoter Group	16.40%	—	—
SHREE BAHUBALI STOCK BROKING LIMITED	Public	1.23%	—	—
PRUDENT EQUITY ACE FUND	Public	1.04%	—	—
S. K. AGRAWAL & SONS HUF (SURESH KUMAR AGRAWAL)	Promoter Group	0.51%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
JSW Steel Limited	3,27,960	1,341.10	10.34	19.40%	+14.05% TTM	+421.94% TTM	+13.54%
TATA STEEL LIMITED	2,24,203	179.60	19.91	11.10%	+10.51% TTM	+164.25% TTM	+0.20%
JINDAL STEEL LIMITED	1,17,300	1,149.90	41.24	7.50%	+25.54% TTM	+2.37% TTM	+6.53%
Steel Authority of India Ltd.	70,335	170.30	12.55	6.80%	+9.39% TTM	+119.24% TTM	+23.32%
Jindal Stainless Limited	56,786	688.80	17.06	18.00%	+11.65% TTM	+20.30% TTM	-6.74%
Sarda Energy & Minerals Ltd	15,556	441.45	13.60	16.30%	-2.25% TTM	+7.40% TTM	-17.69%
NMDC Steel Limited S	11,576	39.50	136.21	3.50%	+41.57% TTM	+104.65% TTM	-12.09%
Vedanta Iron and Steel Limited	10,605	27.12	—	—	—	—	—
Sandur Manganese & Iron Ores Ltd.	8,786	180.75	10.27	26.20%	+20.70% TTM	+40.22% TTM	-17.75%
Jai Balaji Industries Limited	6,321	69.29	—	36.00%	-13.11% TTM	-66.31% TTM	-25.39%
Prakash Industries Ltd. S	2,063	115.20	6.59	9.20%	-10.58% TTM	-12.16% TTM	-31.04%
Manaksia Steels Limited	791	120.75	14.11	20.70%	+80.77% TTM	+283.85% TTM	+112.59%
Scan Steels Limited	263	43.32	10.63	7.70%	+9.70% TTM	+41.06% TTM	+9.45%
KIC Metaliks Ltd. S	107	30.01	32.98	5.50%	+24.46% TTM	+139.93% TTM	+0.07%
Ankit Metal & Power Limited S	36	2.32	-0.14	—	-1.48% TTM	-310.27% TTM	+34.92%

Filings & corporate actions

Recent announcements

Newspaper Publication regarding Special Window for Transfer and Dematerialization of Physical Securities9 Oct 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Trading Window Closure for the quarter ended 30th September, 202625 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer''s Report of the 25th Annual General Meeting of the Company held on September 23, 202624 Sep 2026 · AGM/EGM / AGM
Proceedings of 25th Annual General Meeting of the Company held on September 23, 202623 Sep 2026 · AGM/EGM / AGM
Letter to the Shareholders for Annual Report Web-Link4 Sep 2026 · Company Update / General
Newspaper Publication regarding 25th Annual General Meeting of the Company28 Aug 2026 · Company Update / Newspaper Publication
Annual Report for the FY 2025-2627 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 25th Annual General Meeting scheduled to be held on 23rd September, 202627 Aug 2026 · AGM/EGM / AGM
Updates on Pending Litigation21 Aug 2026 · Company Update / General
Newspaper Publication of Un-audited Financial Results of the Company for the quarter ended 30th June, 202612 Aug 2026 · Company Update / Newspaper Publication
Disclosure of Pending Litigation11 Aug 2026 · Company Update / General
Newspaper publication relating to 25th Annual General Meeting of the Company scheduled to be held on 23rd September, 202611 Aug 2026 · Company Update / Newspaper Publication
Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical Securities11 Aug 2026 · Company Update / Newspaper Publication
Key Financial Highlights on Un-audited Financial results for Q1 FY2710 Aug 2026 · Company Update / General
Intimation under Regulation 30- Capacity Addition10 Aug 2026 · Company Update / General
The Board has fixed 16th September, 2026 as the cut-off date for the purpose of E-voting at the AGM10 Aug 2026 · Corp. Action / Record Date
25th AGM of the Company scheduled on 23rd September, 202610 Aug 2026 · Company Update / General
Un-audited results for the quarter ended 30th June, 202610 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 10th August, 202610 Aug 2026 · Board Meeting / Outcome of Board Meeting
Shifting of Credit Rating Agency of the Company from Care Ratings Limited to ICRA Limited8 Aug 2026 · Company Update / Credit Rating
Manaksia Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....3 Aug 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20188 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Trading Window Closure for the quarter ended 30th June, 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
ICRA Limited has assigned the ratings to bank facilities of the Company18 Jun 2026 · Company Update / Credit Rating
Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical Securities12 Jun 2026 · Company Update / Newspaper Publication
Newspaper publication of Audited Financial Results of the Company for the quarter and year ended 31st March, 202623 May 2026 · Company Update / Newspaper Publication
Key Financial Highlights on Audited financial results for the quarter and year ended 31st March, 202622 May 2026 · Company Update / General
Re-appointment of B. Mukhopadhyay & Co. as Cost Auditors for the FY 2026-2722 May 2026 · Company Update / General
M/s. JMNR & Associates has been appointed as Internal Auditors of the Company for the FY 2026-2722 May 2026 · Company Update / General
Audited Financial Results for the quarter and year ended 31.03.202622 May 2026 · Result / Financial Results
The Board of Directors of the Company at its meeting held today i.e., Friday, 22nd May, 2026, which commenced at 01:00 P.M. and concluded at 04:15 P.M. have inter-alia transacted the following ....22 May 2026 · Board Meeting / Outcome of Board Meeting
CARE Ratings Limited has reaffirmed the rating to Bank facilities of Manaksia Steels Limited21 May 2026 · Company Update / Credit Rating
Annual Secretarial Compliance Report of the Company for the year ended 31st March, 202620 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Manaksia Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve Audited Financial Results (both ....15 May 2026 · Board Meeting / Board Meeting
Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical securities11 Apr 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20186 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Trading Window Closure for the quarter and year ended 31st March, 202626 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Proposed capacity expansion for production of Cold Rolled Coils at Haldia, West Bengal25 Mar 2026 · Company Update / General
Scrutinizer''s Report on Postal Ballot17 Mar 2026 · AGM/EGM / Postal Ballot

Board meetings

10 Aug 2026 Board Meeting - Financial Results