MANAKSTEEL NSE filing

Manaksia Steels Q1 FY27: Profit Soars 253% to ₹22.38 Cr on 50% Revenue Growth

The RealCase readHigh impact Positive

Manaksia Steels reported a strong Q1 FY27 with standalone PAT up 253% to ₹22.38 Cr and consolidated PAT up 249% to ₹22.65 Cr. Total income rose 50% to ₹305.88 Cr standalone and ₹331.16 Cr consolidated. EBITDA surged by ~190% year-on-year. Value-added coated steel product sales increased by 40%.

Why it matters

The substantial increase in profits and revenue, coupled with positive commentary from the Managing Director about operational efficiency and market positioning, suggests a high impact on the company's outlook and investor perception.

The market read

The company reported significant year-on-year growth in total income, EBITDA, PAT, and EPS, indicating a strong financial performance.

Manaksia Steels Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant surge in its financial performance, with total income increasing by 50.32% year-on-year to ₹305.88 crore on a standalone basis and by 50.53% to ₹331.16 crore on a consolidated basis.

EBITDA saw a substantial jump of 189.70% to ₹36.33 crore standalone and 180.62% to ₹37.21 crore consolidated. Profit After Tax (PAT) experienced a remarkable growth of 252.59% to ₹22.38 crore standalone and 249.16% to ₹22.65 crore consolidated. Earnings Per Share (EPS) also followed suit, rising by 252.59% to ₹3.41 standalone and 249.16% to ₹3.46 consolidated.

Mr. Varun Agarwal, Managing Director, commented on the performance, stating, “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.” He also highlighted the strong performance of their Aluzinc-Coated Steel Line and Colour-Coating Line, as well as a 50% year-on-year revenue growth from their Nigerian subsidiary, Federated Steel Mills Ltd.

The company's focus remains on maximizing capacity utilization, increasing the contribution of value-added products, strengthening market presence, and improving operational efficiencies for sustainable and profitable growth.

Filing to action

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Manaksia Steels Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Manaksia Steels Limited. Read the original for the full detail.

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