Arthneeti

Manaksia Steels Share Price & Earnings Call Analysis

₹117.53+3.35% today
Market cap
₹770 Cr
P/E
14.21
ROE
11.81%
PEG
0.29
Price to sales
0.66
Debt to equity
0.45
52W high / low
₹118 / ₹46.0
Sales growth (5Y)
22.11%
EBITDA margin
8.22%
Net profit margin
3.62%
Promoter holding
74.75%
Sales (last year)
₹1,154 Cr

Incorporated in 2001, Manaksia Steels Ltd manufactures and export coated steel products, offering a wide range of value added steel solutions. [1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Ferrous Metals
on management's own guidance

  1. Jindal SteelGood growth
    2
  2. Strong growth
    1
  3. Indian MetalsGood growth
    3
See all potential multibaggersWhere does Manaksia Steels rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Ferrous Metals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹52 Cr8.3
2Jindal Steel20–40%Flat₹1.08L Cr33.6
3Indian Metals20–40%Flat₹5,888 Cr11.2
420–40%Flat₹5,614 Cr38.4
510–20%Up 0–2%₹7,209 Cr18.2
610–20%Flat₹3.05L Cr19.4

Sign up free to see every company in the sector ranking and track Manaksia Steels.

Pro shows every company guiding 40%+ revenue growth →Full Ferrous Metals ranking

Financials of Manaksia Steels

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Manaksia Steels

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +21020615511915315695142190201244298310
Expenses +20219414611414615499137182191233284274
Operating Profit8128573-35810111437
OPM %4%6%5%4%4%2%-4%4%4%5%5%5%12%
Other Income +134644901313-2
Interest1103421233427
Depreciation1111111112333
Profit before tax71311874324861225
Tax %22%24%23%21%20%37%22%-50%-5%23%29%25%27%
Net Profit +510965223464919
EPS in Rs0.821.561.320.940.800.360.360.410.660.970.611.392.86

Financials of Manaksia Steels

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +3292893344946894883885056416325841,053
Expenses +313272309459666473360466624600572981
Operating Profit161725352314283917321272
OPM %5%6%8%7%3%3%7%8%3%5%2%7%
Other Income +61222368718144
Interest3244321127816
Depreciation878756665559
Profit before tax11815271710274116391351
Tax %26%39%37%37%38%11%27%27%23%22%7%26%
Net Profit +85917109203013301238
EPS in Rs1.250.761.392.541.571.333.004.511.934.611.795.82
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Manaksia Steels

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777777777
Reserves142147153170180187212251275302300332
Borrowings +4554589304264846183206151
Other Liabilities +3642368895612224295433104
Total Liabilities229249254357281296305290357546545594
Fixed Assets +6862555049474339404952141
CWIP112302057329333
Investments0003242354977154234152110
Other Assets +160186197273190212212168155231248311
Total Assets229249254357281296305290357546545594

Financials of Manaksia Steels

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +95-510-15101-634-229-491362
Cash from Investing Activity +-1-1-12-26-5-22-7259-67-84-193
Cash from Financing Activity +-877-131-963921-573513112-70
Net Cash Flow71-3-9011-161-2-36-5
Free Cash Flow93-69-1899-934-921-88-5325
CFO/OP631%-6%56%-3%471%-11%145%24%190%-137%125%101%

Financials of Manaksia Steels

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6311510269433216148152422
Inventory Days8780671124576987560929663
Days Payable304022675043128861421
Cash Conversion Cycle1201551481133864102816110110564
Working Capital Days718587534445229433-20-743
ROCE %6%5%9%12%8%5%10%14%6%11%4%13%
94out of 100

Momentum score · price trend

94 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+96.5%93%
Last 6 months+67.5%94%
Last 3 months+51.2%97%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Manaksia Steels: 0.4 × 93 + 0.4 × 94 + 0.2 × 97 = 94.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

Others in Ferrous Metals this season

  • Sarda Energy (Q2 FY27)

    1,453 Cr, down 5% YoY from Rs. Key investor presentation takeaways from Sarda Energy & Minerals Ltd's Q2 FY27 investor presentation — and how it ranks against s

  • Steel Authority of India Ltd (Q2 FY27)

    Capex of around INR 1 lakh crores planned over 4 years to increase capacity from 20 to 35 million tons across 4 plants. Key concall takeaways from Steel…

  • Vedanta Iron & Steel (Q2 FY27)

    Q2 FY27 Revenue:** ₹2,788 crore, down 2% YoY (Page 8) . Key investor presentation takeaways from Vedanta Iron & Steel Ltd's Q2 FY27 investor presentation — and

  • JSW Steel (Q2 FY27)

    Q2 FY27 Revenue from Operations:** ₹54,486 crore (Page 5) . Key investor presentation takeaways from JSW Steel Ltd's Q2 FY27 investor presentation — and how it

Compare:vs JSW Steelvs Tata Steelvs Jindal Steel