BSECompany Update5d ago · 10 Aug 2026, 08:30 pm
Key Financial Highlights on Un-audited Financial results for Q1 FY27
Manaksia Steels Ltd · 539044
✦ AI Summary▲ PositiveResults
Manaksia Steels Ltd has reported a 50% YoY increase in total income and 190% YoY increase in EBITDA for Q1 FY27, with PAT increasing by 253% YoY. The company's Aluzinc-Coated Steel Line operated at 90% capacity utilisation and the existing Colour-Coating Line operated at full capacity.
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Earnings Impact10/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
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Liquidity Impact8/10
Market Sentiment9/10
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Manaksia Steels Ltd - 539044 - Key Financial Highlights On Un-Audited Financial Results For Q1 FY27
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Sec/Steels/019/FY 2026-27 Date: 10.08.2026
The Secretary The Manager
BSE Limited National Stock Exchange of India Limited
New Trading Wing, Exchange Plaza, C-1, Block “G”
Rotunda Building, 5th Floor, Bandra Kurla Complex,
PJ Tower, Dalal Street, Bandra East,
Mumbai- 400001 Mumbai- 400051
Scrip Code: 539044 Scrip Code: MANAKSTEEL
Dear Sir/Madam,
Sub: Key Financial Highlights on Unaudited financial results for the quarter ended 30th June, 2026
Pursuant to Securities and Exchange Board of India (Listing and Disclosure Requirements) Regulations,
2015, enclosed is the “Key Financial Highlights on Unaudited financial results for the quarter ended
30th June, 2026”.
This is for your information and for public at large.
Thanking you,
Yours faithfully,
For Manaksia Steels Limited
Ajay Sharma
(Company Secretary)
Encl.: as above
Key Financial Highlights on Audited financials for Q1 FY27:-
(₹ in Cr.)
Standalone Consolidated
Particulars Q1 FY 27 Q1 FY 26 YOY % Q1 FY 27 Q1 FY 26 YOY %
Total Income 305.88 203.48 ↑ 50.32 331.16 220.00 ↑ 50.53
EBITDA 36.33 12.54 ↑ 189.70 37.21 13.26 ↑ 180.62
EBITDA (%) 11.88 6.16 ↑ 92.72 11.24 6.03 ↑ 86.42
PAT 22.38 6.35 ↑ 252.59 22.65 6.49 ↑ 249.16
PAT (%) 7.32 3.12 ↑ 134.55 6.84 2.95 ↑ 131.95
EPS (₹) 3.41 0.97 ↑ 252.59 3.46 0.99 ↑ 249.16
Cash EPS (₹) 3.83 1.21 ↑ 217.60 3.94 1.28 ↑ 208.03
Commenting on the performance, Mr. Varun Agrawal, Managing Director, Manaksia Steels
Limited, said:
“We are pleased to begin FY 2026–27 on a strong note, with the Company delivering robust growth
across key financial parameters. During Q1 FY27, Total Income increased by 50% year-on-year to
₹305.88 crore, while EBITDA grew by 190% to ₹36.33 crore. PAT increased by 253% to ₹22.38 crore,
reflecting a significant improvement in operating leverage and profitability. Sales of our value-
added coated steel products increased by approximately 40%, highlighting the continued
strengthening of our product mix and market positioning.
The quarter witnessed an increase in steel prices during April, followed by relative stabilisation
through May and June. While power and fuel availability improved compared with the previous
quarter, their costs remained elevated. Against this backdrop, our focus on operational efficiency,
product mix and disciplined cost management enabled us to deliver a substantial improvement in
margins and profitability.
Our Aluzinc-Coated Steel Line continued to perform strongly at around 90% capacity utilisation,
while the existing Colour-Coating Line operated at full capacity. The strong utilisation levels
reflect healthy demand for our value-added coated products and provide a strong base for further
growth.
Our international operations also continued to gain momentum, with our Nigerian subsidiary,
Federated Steel Mills Ltd. (FSML), recording approximately 50% year-on-year growth in revenue.
The continued growth of our international business further strengthens our market diversification
and creates additional avenues for sustainable growth.
As we progress through FY 2026–27, our focus remains on maximising capacity utilisation,
increasing the contribution of value-added products, strengthening our market presence and
improving operational efficiencies. With our Aluzinc line operating at high utilisation, the existing
colour-coating facility running at full capacity, and the new CCL II erection progressing well, we are
positioned to build on the momentum of FY 2025–26 and pursue the next phase of sustainable and
profitable growth. Our commitment remains firmly focused on disciplined execution, prudent
capital allocation and creating enduring value for our shareholders and stakeholders.”
ABOUT MANAKSIA STEELS LIMITED
Manaksia Steels Limited (‘MSL’) (NSE: MANAKSTEEL, BSE: 539044) is a prominent
manufacturer and exporter of coated steel products, offering a wide range of high-quality, value-
added steel solutions. Our product portfolio includes cold-rolled steel sheets and coils, hot-dip
galvanised and Aluzinc-coated steel sheets and coils, as well as pre-painted coils and sheets
marketed under our established brands — Austrang, 5 Star Super Colour, 5 Star Superlume, and 5
Star Super Sakti.
All our products are manufactured at our state-of-the-art facility in Haldia, West Bengal. This
strategically located plant—located at Haldia port—enables seamless access to export markets,
efficient import of raw materials, and smooth distribution through coastal domestic routes besides
road and rail.
Our galvanised, Aluzinc, and pre-painted steel products are considered new-age building materials,
widely used across sectors such as construction, solar, infrastructure, home appliances, and general
engineering. These materials offer durability, strength, and aesthetic appeal, making them ideal for
a wide range of applications.
MSL leverages most advanced technology and a precision-driven approach to deliver products
tailored to exacting customer specifications. Our relentless focus on quality, operational efficiency,
and customer satisfaction has earned us a strong reputation in both domestic and international
markets.
With a commitment to innovation, excellence, and sustainability, Manaksia Steels Limited is well-
positioned to meet the evolving demands and drive long-term value for stakeholders.
Disclaimer
In this document, we have disclosed ‘forward-looking statement’ within the meaning of applicable
laws and regulations. Actual results might differ substantially from those expressed or implied.
Important developments that could affect the Company’s operations include changes in industry
structure, significant changes in the political and economic environment in India and overseas, tax
laws, import duties, litigations, and labour relations.