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Prices as of 8 Oct 2026 close · Not investment advice

Manaksia Steels Limited

NSE: MANAKSTEELIron & SteelTrade-to-trade true

Share price

₹106.14

-4.35% close of 8 Oct 2026

Market cap ₹743 CrP/E 13.3

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹743 Cr

P/E ratio

13.3

P/B ratio

2.1

ROCE

14.4%

ROE

13.0%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹117.9152-week low ₹45.99

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 80.8% over the past year, and 10.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.4% to 7.8% over the last four years.

Whether it grew faster than its sector

It grew 10.1% a year against a sector median of 10.6% — 0.5 percentage points slower.

Room to re-rate, or risk of de-rating

At 13.3× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 16.5×, across 4 companies. It is against its own five-year median of 15.2×, the 35th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 53%.

Profit growthPrice per ₹1 profitPer 1% growth
Manaksia Steels Limited — this one53%/yr13.3×₹0.25
Steel Authority of India26%/yr14.2×₹0.55
Jindal Stainless Limited15%/yr17.7×₹1.2
Sarda Energy & Minerals Limited20%/yr15.3×₹0.77
NMDC Steel Limited—136.4×—
Vedanta Iron and Steel Limited———

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel), it ranks 4 of 13 on returns, 7 of 11 on growth, 11 of 13 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.4% on capital, ahead of 69% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹47 crore of cash from the business but spent ₹159 crore on plant and equipment, ₹112 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹10 crore to ₹151 crore. And the profit is real: of every 100 rupees it reported over 9 years, about 108 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 69 days for its cash to waiting 18 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹327 Cr

Revenue vs last year

+50.9%

Revenue vs last quarter

-1.7%

Net profit

₹23 Cr

Profit vs last year

+277.4%

Profit vs last quarter

+19.2%

Net margin

6.9%

EPS

₹3.46

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹743 Cr
Prev close
₹106.14
52w High
₹121
52w Low
₹45.1
Enterprise value
₹820 Cr
Beta
1.1
Price CAGR 1y
85.0%
Price CAGR 3y
36.0%
Price CAGR 5y
28.0%
Price CAGR 10y
28.0%

Ratios

Return on assets
6.7%
PEG ratio
0.2
P/E ratio
13.3
P/B ratio
2.1
EV / EBITDA
8.3
Industry P/E
16.5
ROCE
14.4%
ROCE 5y average
10.4%
ROE
13.0%
Debt / Equity
0.5
Interest coverage
4.4
Dividend yield
0.0%
ROE 3y average
9.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹1,131 Cr
Annual profit
₹40 Cr
Operating margin
7.0%
Net profit margin
3.5%
EBITDA margin
6.8%
Sales growth 3y
15.1%
Sales growth 5y
17.5%
Profit growth 3y
53.0%
Profit growth 5y
10.0%
EPS
₹6.1
Sales growth TTM
81.0%
Profit growth TTM
279.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹327 Cr
Profit latest quarter
₹23 Cr
YoY quarterly sales growth
50.6%
YoY quarterly profit growth
283.3%
OPM latest quarter
10.2%

Balance Sheet

Book Value
₹46.6
Face Value
₹1.0
Total debt
₹151 Cr
Total cash
₹5 Cr
Borrowings
₹151 Cr
Reserves / Equity
45.6

Cash Flow

Operating cash flow
₹62 Cr
Free cash flow
₹24 Cr
FCF yield
1.1%
Net cash flow
-₹6 Cr

Shareholding

Promoter holding
74.8%
FII holding
0.0%
DII holding
—
Public holding
24.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JSW Steel1,216.5524.72,97,5020.584,696.0113.047,364.09.811.0
Tata Steel173.9518.32,17,1512.302,385.216.860,794.314.312.5
Jindal Steel1,031.2034.11,05,1910.19843.8-43.515,482.125.99.7
S A I L172.5014.871,2521.351,644.1134.326,245.71.37.9
Jindal Stain.722.6018.159,5730.55768.77.711,278.510.519.3
Sarda Energy492.8515.517,3670.40478.15.51,608.0-1.516.9
NMDC Steel40.02140.211,7280.0050.597.63,661.88.83.1
Manaksia Steels112.3013.17360.0022.7249.0327.550.614.4
Median144.6018.111,5950.24174.432.72,672.212.79.7

Competes with: JINDAL STEEL LIMITED, JSW Steel, Jindal Stainless Limited, NMDC Steel Limited, Sarda Energy & Minerals Limited, Steel Authority of India, Tata Steel, Vedanta Iron and Steel Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales218166134163165104160204217263318333327
Expenses205157127155162108155195207250302295294
Material Cost182196211260271236
Change in Inventories-12-20-1.702.19-1912
Purchases of Stock-in-Trade000000
Employee Cost5.286.066.516.747.237.53
Other Expenses202535343638
Operating Profit1310683-3691112153834
OPM %6.165.884.654.911.88-2.973.624.394.944.734.851110
Other Income356338-01313-24
Exceptional items (within Other Income)-0.0000000
Interest1134212334274
Depreciation2221122223333
Profit before tax131276322596132630
Tax %252431195136-1032531242726
Net Profit10955212564101923
EPS in Rs1.551.360.730.690.250.170.350.720.990.691.472.953.46
Diluted EPS in Rs0.720.990.691.472.953.46

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5036885365046117426816341,1311,241
Expenses4726675174655587186446191,0551,142
Material Cost552938
Change in Inventories-18-39
Purchases of Stock-in-Trade00
Employee Cost2127
Other Expenses64129
Operating Profit32201939532437157799
OPM %633.60893.2062.3078
Other Income243787161245
Exceptional items (within Other Income)-0.730
Interest43222488.471617
Depreciation8691011106.966.111112
Profit before tax22161134491738125476
Tax %304818232829251926
Net Profit1689273512289.754056
EPS in Rs2.381.271.314.055.391.864.331.496.098.57
Diluted EPS in Rs1.496.09
Dividend Payout %000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
18%
3 years
15%
TTM
81%

Compounded profit growth

10 years
—
5 years
10%
3 years
53%
TTM
279%

Stock price CAGR

10 years
28%
5 years
28%
3 years
36%
1 year
85%

Return on equity

10 years
—
5 years
9%
3 years
9%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7777776.556.556.55
Reserves169179185216260284294283319
Borrowings96361671049186206151
Other Liabilities1041471515874813442115
Minority Interest0
Total Liabilities375335403348350420520537593
Fixed Assets6975998877725962152
CWIP6283057329333
Investments71711255212918512986
Other Assets295216291235216212244253322
Total Assets375335403348350420520537593

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-10130-436-124-521462
Cash from Investing Activity-22-36-26-6859-63-81-213
Cash from Financing Activity34-96535-59351309-70
Net Cash Flow2-223-27-1-4-32-6
Free Cash Flow-3597-1536-716-91-5425

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days69443014188142221
Inventory Days11755116848474919363
Days Payable75801101010971422
Cash Conversion Cycle11119378892739910162
Working Capital Days45245-36927-5318
ROCE %851317611414

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs0.960.880.780.730.640000000
DIIs0
Government000000.630.630.630.630.630.630.63
Public242424252525252525252525
No. of Shareholders27,59927,85334,56033,44232,44331,79731,41330,35829,48827,97027,63826,898

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +79.5% (₹59.14 → ₹106.14)Brick size ₹6.37 (fixed)Bricks 18
₹60.00₹80.00₹106Dec '25Apr '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹106.14 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

77.35inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-09-30

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-09-30

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-09-30

News

News and filings about Manaksia Steels Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Aluminium coils
  • Cold rolled steel sheets/coils
  • Galvalume (Alu-Zinc alloy coated steel)
  • Hot rolled steel coils
  • Zinc (galvanizing bath)

Depends on the price of

  • aluminium
  • steel
  • zinc

Sells to

  • MINL Limited · rolled aluminium for ROPP caps + spares; FY25 material RPT Rs 7,148.93 L - the AR footnote…
  • Manaksia Limited · finished goods - BP Sheets Colour coated, Galvanised Coils/Sheets; FY25 material RPT Rs 3,…
  • Sumo Steels Limited · hot rolled coils + spares; FY25 material RPT Rs 3,221.37 L

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Metals & Mining
Industry
Iron & Steel
Classification
Metals & Mining › Iron & Steel
ISIN
INE824Q01011

Plants

  • Manaksia Steels - Bankura Plant
  • Manaksia Steels - Haldia Plant

News impact

Big market events that reach Manaksia Steels Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
1 Sep 2026PRUDENT EQUITY ACE FUNDBUY6,15,378₹103.83

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.