Manaksia Steels
- Market cap
- ₹ 678 Cr.
- P/E
- 12.5x
- P/B
- 2.17x
- 52-week range
- 45.11 – 120.76
- ROE
- 12%
- ROCE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 0.46
- Sector
- Ferrous Metals
- Industry
- Iron & Steel
- Listed on
- NSE, BSE
About
Manaksia Steels Limited is an India-based steel company. The Company is engaged in the field of metal products and metal formation. It manufactures flat steel products and is focused on addressing product demand from the housing and infrastructure sectors. Its products include cold rolled steel sheets and coils, hot dipped galvanized steel sheets and coils, and color coated steel sheets and coils. Its cold rolled steel sheets and coils are used in downstream applications, such as automobiles, home electronic appliances, hot dipped galvanized steel, and pre-painted steel products. It manufactures hot dipped galvanized steel sheets and coils for building materials, white goods, and the electronic appliance industries. It produces profile sheets, trapezoidal, and sinusoidal profile sheets. Its galvanized corrugated sheets are branded as 5 Star Super Shakti and its color coating sheets and coils are offered under the 5 Star Super Colour brand.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel: 15 companies →Manaksia Steels against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.5 against a typical 14.3: cheaper than most peers (1st = cheapest).7th of 15
- Sales growth+50.2% against a typical +16.3% from a year earlier.1st of 14
- Profit growth+266.7% against a typical +25.7% from a year earlier.1st of 12
- Share price, 3 months+55.1% against a typical −9.3%.1st of 15
- Size₹ 678 Cr. market value against a typical ₹ 8,906.7 Cr. (1st = largest).11th of 14
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | — | 17 Aug 2026 |
| ICRA | [ICRA]A | Stable | 18 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Aug 2026 | Withdrawn | — | — | CARE | — | |
| 18 Jun 2026 | Reaffirmed | [ICRA]A | — | ICRA | ₹ 500 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 and fix the date, time and venue of the 25th Annual General Meeting of the Company. |
| 22 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 31 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 155 | 119 | 153 | 156 | 95 | 142 | 190 | 201 | 244 | 298 | 310 | 302 |
| Expenses | 146 | 114 | 146 | 154 | 99 | 137 | 182 | 191 | 233 | 284 | 274 | 270 |
| Operating Profit | 8 | 5 | 7 | 3 | −3 | 5 | 8 | 10 | 11 | 14 | 37 | 33 |
| OPM % | 5% | 4.4% | 4.5% | 1.7% | −3.6% | 3.7% | 4% | 5% | 4.6% | 4.8% | 12% | 11% |
| Other Income | 4 | 6 | 4 | 4 | 9 | 0 | 1 | 3 | 1 | 3 | −2 | 4 |
| Interest | 0 | 3 | 4 | 2 | 1 | 2 | 3 | 3 | 4 | 2 | 7 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 11 | 8 | 7 | 4 | 3 | 2 | 4 | 8 | 6 | 12 | 25 | 30 |
| Tax % | 23% | 21% | 20% | 37% | 22% | −50% | −5% | 23% | 29% | 25% | 27% | 26% |
| Net Profit | 9 | 6 | 5 | 2 | 2 | 3 | 4 | 6 | 4 | 9 | 19 | 22 |
| EPS in Rs | 1.32 | 0.94 | 0.8 | 0.36 | 0.36 | 0.41 | 0.66 | 0.97 | 0.61 | 1.39 | 2.86 | 3.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 22%
- 3 Years
- 18%
- TTM
- 84%
- 10 Years
- 23%
- 5 Years
- 15%
- 3 Years
- 49%
- TTM
- 245%
- 10 Years
- 24%
- 5 Years
- 20%
- 3 Years
- 22%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 8%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Manaksia Steels | ₹ 107.00 | ₹ 678 Cr. | 12.5x | 2.2x | 12% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Govind Lal Muchhal
- President - Marketing and Sales
- Vineet Agrawal
- Chief Executive Officer
- Rajesh Singhania
- Chief Financial Officer
- Ajay Sharma
- Compliance Officer, Company Secretary
- Anirudha Guha
- Vice President - Special Projects
- Varun Agrawal
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.