MS

Manaksia Steels Ltd

Q2 FY27Ferrous Metals

Manaksia Steels Q2 Results 2026: PAT ₹24 Cr +438%, Revenue ₹420 Cr

Q2 FY27 results statement: what the company reported on revenue, margins and capex.

Revenue
₹420Cr
+59.7% YoY
+28.1% QoQ
Net profit
₹24Cr
+437.8% YoY
+6.8% QoQ
Margin
9%
+4.3 pp YoY
−1.2 pp QoQ

Based on Manaksia Steels Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

Price₹121
Market cap₹784 Cr
P/E14.5

The short version

Revenue for Q2 FY27:. EBITDA (Q2 FY27):.

From Manaksia Steels Ltd's Q2 FY27 earnings-call transcript · updated 14 Nov 2026.

How did Manaksia Steels' revenue grow in the September 2026 quarter?

  • Revenue for Q2 FY27:
  • Standalone: ₹395.39 crore, up 61.55% YoY from ₹244.75 crore
  • Consolidated: ₹419.89 crore, up 59.27% YoY from ₹263.63 crore
  • Sales of value-added coated steel products grew approximately 35% YoY.
  • Outlook:
  • Focus on volume growth and product mix as key drivers of profitability.

2 more points from Manaksia Steels Ltd's call on revenue

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What happened to Manaksia Steels' margins in Q2 FY27?

EBITDA (Q2 FY27):

Locked: what Manaksia Steels Ltd said on margins

Also locked on this page: fundraising, order book

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What capex is Manaksia Steels planning?

  • ₹800 crore investment approved in August 2026 for speciality steel at the Haldia facility.
  • This investment is positioned towards higher-value steel products.
  • The investment is expected to qualify for enhanced incentives under West Bengal Investment Promotion Policy, 2026.
  • Awaiting detailed policy guidelines to submit the Certificate of Intent (COI) to WBIDC for approval.

2 more points from Manaksia Steels Ltd's call on capex

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Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

Guidance-ranked
2Jindal Steel
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 3Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Manaksia Steels raising money or cutting debt?

There is no reference to changes in borrowings or net debt in the document.

Locked: what Manaksia Steels Ltd said on fundraising

Also locked on this page: margins, order book

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How big is Manaksia Steels' order book?

See what Manaksia Steels Ltd said on order book & pipeline — free account, 30 seconds.

Manaksia Steels Ltd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Q2 FY27 figures are not in this chart yet. Latest shown: Jun 2026 (Q1 FY27). The Q2 FY27 numbers from the filing are in the table below.

Manaksia Steels Ltd Q2 FY27 results — key figures

Manaksia Steels Ltd Q2 FY27 reported results vs Q2 FY26, ₹ crore
₹ CrQ2 FY27Q2 FY26YoYQ1 FY27QoQ
Revenue420263+59.7%327+28.1%
Operating profit (EBITDA)3812+204.5%34+12.9%
Operating margin9%4.7%+4.3 pp10.2%-1.2 pp
Profit before tax337+402.2%30+7.1%
Net profit (PAT)245+437.8%23+6.8%
EPS (₹)3.690.69+434.8%3.46+6.6%

Source: Manaksia Steels Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹302 Cr, net profit ₹22 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Manaksia Steels Ltd Q2 FY27 results?

Revenue for Q2 FY27:. EBITDA (Q2 FY27):.

What is Manaksia Steels Ltd share price analysis?

Manaksia Steels Ltd currently shows a neutral. The stock trades at a P/E of 14.4 with a market cap of ₹784 Cr. Investors should review the full earnings analysis for detailed insights.

Is Manaksia Steels Ltd planning capital expenditure?

₹800 crore investment approved in August 2026 for speciality steel at the Haldia facility.

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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.