Manaksia Steels Limited share price

Manaksia Steels Limited manufactures and sells secondary steel products in India and internationally. The company offers cold rolled sheets used for interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets applied in rural housing and factory buildings; galvanized plain sheets used in manufacturing rural housing, factory buildings, containers and water tanks; and pre-painted galvanized coils and sheets for construction and architectural work, such as roofing, cladding, and paneling. In addition, the company offers hot dipped galvanized steel sheets and coils used in building materials, automobiles, white goods, and electronics appliances indu…Read more

Website NSE हिंदी में BSE

Basic MaterialsSteelNSE: MANAKSTEELISIN INE824Q01011

16 Oct 2026, 3:28 PM IST₹111.04▲ 0.76 (0.69%)

Market Cap₹ 728 Cr.
Current Price₹ 111.04
High / Low₹ 121 / 45
Stock P/E13.0
Book Value₹ 50
Dividend Yield0.00 %
ROCE20.3 %
ROE13.00 %
Face Value₹ 1.0

More figures (10)

EPS (TTM)₹ 8.57
Price / Book2.23
OPM6.2 %
Debt / Equity0.46
Sales growth (5Y)17.5 %
Profit growth (5Y)8.5 %
Promoter holding74.8 %
EV / EBITDA8.1
Beta0.49
All-time high₹ 121

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MANAKSTEEL	+4.34%	+42.07%	+63.20%	+58.56%	+89.71%	+33.69%	+27.89%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Manaksia Steels Limited is in the Steel industry (Basic Materials), with a market value of ₹728 crore.
It trades at 13.0 times its last 12 months' earnings and 2.2 times book value.
Revenue grew 17.5% a year over the last 5 years, profit 8.5% a year.
Return on equity was 13.0% and return on capital employed 20.3% in the latest year.
Debt was 0.46 times shareholders' equity.
The share price is 8.1% below its 52-week high and up 89.7% over one year.
Promoters and insiders hold about 74.8%; institutions about 0.0%.

Pros

Sales have grown 17.5% a year over the last 5 years.
Latest quarter (Jun 2026): sales up 51% and profit up 249% from a year ago.
Trades at 13.0 times earnings, below its 3-year median of 24.2.
Promoters hold a large stake of 74.75%.

Cons

Return on equity has been low: 8.6% on average over the last 3 years.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Manaksia Steels Limited

Employees: 269
Head office: Kolkata

Basic MaterialsSteel

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Manaksia Steels	111.04	13.0	728	0.00	23	249.16	327	50.58	20.3	13.0	2.23	6.2	0.46	74.75	1,131	17.5
2.	JSW Steel	1,216.30	12.1	2,96,896	0.59	4,651	209.45	46,662	5.23	18.7	24.9	2.97	12.8	1.19	63.60	1,82,037	3.6
3.	Tata Steel	175.50	19.8	2,18,924	2.27	2,318	11.58	60,412	14.54	11.3	11.2	2.14	9.7	0.90	35.40	2,30,293	-1.6
4.	Jindal Steel	1,045.20	39.1	1,06,348	0.19	845	—	15,553	16.99	7.5	6.9	2.09	13.8	0.44	63.86	43,561	-13.1
5.	Lloyds Metals and Energy	1,851.70	21.3	1,04,208	0.06	1,727	164.87	7,289	206.63	19.4	36.2	7.51	33.8	1.49	77.69	16,822	71.4
6.	Steel Authority of India	170.95	16.5	70,611	1.38	1,644	31.42	26,246	-10.47	7.2	5.7	1.17	6.1	0.53	65.10	1,09,987	2.0
7.	Welspun Corp	2,571.50	29.4	67,811	0.20	1,046	49.86	4,081	3.98	19.5	19.4	7.41	12.3	0.26	49.85	16,209	19.5
8.	NMDC	71.69	8.4	63,029	2.82	1,976	0.44	6,795	0.84	28.4	23.4	1.85	27.4	0.19	60.80	32,071	22.0
9.	Jindal Stainless	736.55	18.7	60,688	0.55	769	7.73	11,279	10.50	17.8	17.5	3.07	10.4	0.38	64.66	42,839	6.4
10.	APL Apollo Tubes	2,152.70	48.1	59,772	0.40	263	-10.24	5,438	2.14	28.0	25.3	11.29	7.1	0.09	36.91	22,385	12.6
	Median: 41 Co.	890.88	21.4	8,500	0.07	1,345	31.42	9,284	7.87	19.1	11.6	2.54	9.1	0.45	63.73	37,455	4.0

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	218	166	134	163	165	104	160	204	217	263	318	333	327
YOY Sales Growth %	12.27%	6.37%	-14.29%	-30.90%	-24.31%	-37.20%	20.12%	25.31%	31.67%	151.47%	98.07%	63.16%	50.58%
	205	157	127	155	162	108	155	195	207	250	302	295	294
Material Cost %	84%	82%	79%	83%	87%	84%	83%	83%	81%	80%	82%	76%	76%
Employee Cost %	2%	3%	4%	3%	3%	5%	4%	3%	3%	2%	2%	2%	2%
Other Expenses %	7%	9%	13%	9%	8%	14%	10%	10%	11%	13%	11%	11%	12%
Operating Profit	13	10	6	8	3	-3	6	9	11	12	15	38	34
OPM %	6%	6%	5%	5%	2%	-3%	4%	4%	5%	5%	5%	11%	10%
	3	4	4	4	4	8	0	1	3	1	3	-2	4
Exceptional items	-1	0	2	-1	-0	-0	-0	-0
Interest	1	1	3	4	2	1	2	3	3	4	3	7	4
Depreciation	2	2	2	1	1	2	2	2	2	3	3	3	3
Profit before tax	13	12	7	6	3	2	2	5	9	6	13	26	30
	25%	24%	31%	19%	51%	35%	-10%	3%	25%	31%	24%	27%	26%
Current tax	3	1	1	1	1	1	-1	1	1	1	2	7	7
Deferred tax	0	1	2	0	0	-0	1	-1	1	1	1	-0	1
	10	9	5	5	2	1	2	5	6	5	10	19	23
Profit to shareholders	10			5		1		5	6	5	10		23
YOY Profit Growth %	1,443.62%	261.84%	69.47%	-27.59%	-83.94%	-87.73%	-51.81%	4.44%	297.98%	311.41%	314.38%	310.48%	249.16%
EPS in Rs	1.55	1.36	0.73	0.69	0.25	0.17	0.35	0.72	0.99	0.69	1.47	2.95	3.46
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	206	155	119	153	156	95	142	190	201	244	298	310	302
YOY Sales Growth %	22.04%	15.71%	-8.06%	-27.21%	-23.94%	-38.25%	19.66%	24.29%	28.58%	155.42%	109.66%	63.09%	50.37%
	194	146	114	146	154	99	137	182	191	233	284	274	270
Material Cost %	87%	85%	82%	85%	89%	88%	86%	86%	83%	82%	84%	77%	77%
Employee Cost %	2%	2%	3%	2%	2%	4%	3%	2%	2%	2%	2%	2%	2%
Other Expenses %	6%	8%	10%	8%	7%	12%	8%	8%	10%	12%	9%	9%	10%
Operating Profit	12	8	5	7	3	-3	5	8	10	11	14	37	33
OPM %	6%	5%	4%	5%	2%	-4%	4%	4%	5%	5%	5%	12%	11%
	3	4	4	4	4	9	0	1	3	1	3	-2	4
Exceptional items			3
Interest	1	0	3	4	2	1	2	3	3	4	3	7	3
Depreciation	1	1	1	1	1	1	1	1	2	3	3	3	3
Profit before tax	13	11	8	7	4	3	2	4	8	6	12	25	30
	24%	23%	21%	20%	37%	22%	-50%	-5%	23%	29%	25%	27%	26%
Current tax	3	1	0	1	1	1	-1	1	1	1	2	7	7
Deferred tax	0	1	1	0	0	-0	-0	-1	1	1	1	-0	1
	10	9	6	5	2	2	3	4	6	4	9	19	22
YOY Profit Growth %	890.48%	154.40%	117.12%	-2.78%	-77.21%	-72.45%	-56.49%	-17.52%	172.89%	68.44%	241.20%	332.20%	252.59%
EPS in Rs	1.56	1.32	0.94	0.80	0.35	0.36	0.41	0.66	0.97	0.61	1.39	2.86	3.41
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	510	510	536	504	611	742	681	634	1,131	1,241
YOY Sales Growth %			5.18%	-6.00%	21.17%	21.52%	-8.26%	-6.87%	78.34%
	478	478	517	465	558	718	644	619	1,055	1,142
Material Cost %	81%	81%	81%	74%	75%	84%	82%	84%	79%	78%
Employee Cost %	2%	2%	4%	4%	4%	3%	3%	3%	2%	2%
Other Expenses %	11%	11%	11%	14%	13%	10%	9%	10%	11%	11%
Operating Profit	32	32	19	39	53	24	37	15	77	99
OPM %	6%	6%	4%	8%	9%	3%	5%	2%	7%	8%
	2	2	3	7	8	7	16	13	4	5
Exceptional items							-0	-1
Interest	4	4	2	2	2	4	8	8	16	17
Depreciation	8	8	9	10	11	10	7	6	11	12
Profit before tax	22	22	11	34	49	17	38	12	54	76
	30%	30%	18%	23%	28%	29%	25%	19%	26%	26%
Current tax	11	11	3	8	12	4	6	2	12
Deferred tax	-4	-4	-1	0	2	1	4	0	2
	16	16	9	27	35	12	28	10	40	56
Profit from associates					-0
Profit to shareholders			9	27	35	12	28	10		37
YOY Profit Growth %			-44.96%	208.75%	33.06%	-65.50%	132.93%	-65.65%	309.43%
EPS in Rs	2.38	2.38	1.31	4.05	5.39	1.86	4.33	1.49	6.09	8.57

Compounded Sales Growth

5 Years:: 18%
3 Years:: 15%
TTM:: 81%

Compounded Profit Growth

5 Years:: 9%
3 Years:: 49%
TTM:: 284%

Stock Price CAGR

5 Years:: 28%
3 Years:: 34%
1 Year:: 90%

Return on Equity

4 Years:: 8%
Last Year:: 13%

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	500	500	488	388	505	641	632	584	1,053	1,154
YOY Sales Growth %			-2.45%	-20.47%	30.04%	27.15%	-1.48%	-7.56%	80.29%
	466	466	473	360	466	624	600	572	981	1,060
Material Cost %	81%	81%	86%	76%	79%	88%	85%	87%	81%	80%
Employee Cost %	2%	2%	3%	3%	3%	2%	2%	3%	2%	2%
Other Expenses %	10%	10%	9%	13%	11%	8%	8%	8%	10%	10%
Operating Profit	35	35	14	28	39	17	32	12	72	95
OPM %	7%	7%	3%	7%	8%	3%	5%	2%	7%	8%
	2	2	3	6	8	7	16	14	4	5
Exceptional items							3
Interest	4	4	2	1	1	2	7	8	16	17
Depreciation	7	7	6	6	6	5	5	5	9	11
Profit before tax	27	27	10	27	41	16	39	13	51	73
	37%	37%	11%	27%	27%	23%	22%	7%	26%	26%
Current tax	11	11	3	7	11	3	6	2	11
Deferred tax	-1	-1	-2	0	0	0	3	-1	2
	17	17	9	20	30	13	30	12	38	54
YOY Profit Growth %			-47.75%	126.22%	50.16%	-57.21%	138.94%	-61.28%	226.16%
EPS in Rs	2.54	2.54	1.33	3.00	4.51	1.93	4.61	1.79	5.82	8.27

Compounded Sales Growth

5 Years:: 22%
3 Years:: 18%
TTM:: 84%

Compounded Profit Growth

5 Years:: 14%
3 Years:: 45%
TTM:: 245%

Stock Price CAGR

5 Years:: 28%
3 Years:: 34%
1 Year:: 90%

Return on Equity

4 Years:: 8%
Last Year:: 13%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	7	7	7	7
Reserves	284	294	283	319
	49	186	206	151
Short term borrowings	48	186	204	149
	81	33	42	115
Trade payables	15	10	21	54
Current liabilities	122	210	237	255
Total Liabilities	420	520	537	593
	79	91	155	184
Gross block	138	144	207	249
Accumulated depreciation	59	53	52	64
CWIP	7	32	93	33
	334	397	289	376
Inventories	126	140	136	155
Trade receivables	17	26	38	64
Cash & equivalents	11	8	10	5
Current assets	291	375	357	384
Total Assets	420	520	537	593

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	24	-52	14	62
Profit for the year	12	28	10	40
Working capital changes	4	-84	2	-4
Direct taxes paid	-4	-6	-2	-11
	-65	-84	-21	3
Fixed assets purchased	-8	-39	-71	-37
Fixed assets sold	0	0	2	0
	35	130	9	-70
Interest paid	-4	-7	-9	-16
Net Cash Flow	-5	-7	2	-6
Free Cash Flow	16	-91	-57	24

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	4.2%	9.6%	3.3%	13.0%
ROCE	—	6.7%	14.5%	6.5%	20.3%
Operating margin	—	2.2%	4.7%	1.9%	6.2%
Net margin	—	1.6%	4.2%	1.5%	3.5%
Debt / equity	—	0.17	0.62	0.71	0.46
Current ratio	—	2.39	1.79	1.51	1.51
Debtor days	—	8	14	22	21
Inventory days	—	72	89	91	61
Days payable	—	9	7	14	21
Cash conversion cycle	—	71	96	99	61
Working capital days	—	83	89	69	42

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 74.75%
FIIs 0.66%
DIIs 1.04%
Government 0.63%
Public 22.92%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%	74.75%
	0.88%	0.78%	0.73%	0.64%								0.66%
Foreign portfolio investors (Cat. I)	0.25%	0.15%	0.10%	0.01%								0.61%
Foreign portfolio investors (Cat. II)	0.63%	0.63%	0.63%	0.63%								0.05%
												1.04%
Alternative investment funds												1.04%
Government					0.63%	0.63%	0.63%	0.63%	0.63%	0.63%	0.63%	0.63%
	24.37%	24.47%	24.52%	24.61%	24.62%	24.62%	24.62%	24.62%	24.62%	24.62%	24.62%	22.92%
Retail (up to ₹2 lakh)	15.08%	17.20%	17.33%	17.43%	17.47%	17.56%	16.41%	16.27%	15.29%	15.36%	14.97%	13.47%
HNIs (above ₹2 lakh)	2.55%	2.55%	2.55%	2.55%	2.55%	2.55%	3.19%	3.19%	2.84%	3.16%	3.16%	3.16%
NRIs	0.62%	0.44%	0.44%	0.55%	0.62%	0.62%	0.56%	0.57%	0.55%	0.58%	0.55%	0.50%
Bodies corporate	4.90%	2.98%	2.85%	2.80%	2.65%	2.60%	3.33%	3.43%	4.57%	4.46%	4.81%	4.54%
No. of Shareholders	27,853	34,560	33,442	32,443	31,797	31,413	30,358	29,488	27,970	27,638	26,898	25,298

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Manaksia Steels

Holder (above 1%)	Stake
Prudent Equity Ace FundAIF	1.04%

As named in the shareholding pattern for Sep 2026 filed with NSE. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

None filed recently.

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 1 Jan 1970
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Questions about Manaksia Steels Limited

What is the share price of Manaksia Steels Limited today?

Manaksia Steels Limited (MANAKSTEEL) last traded at ₹111.04 on NSE (16 Oct 2026, 3:28 PM IST). Prices may be delayed.

What is the market cap of Manaksia Steels Limited?

About ₹728 crore at the latest price.

What is the P/E ratio of Manaksia Steels Limited?

About 13.0 times its earnings over the last 12 months.

Is Manaksia Steels Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Manaksia Steels Limited shares?

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Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Manaksia Steels Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Manaksia Steels Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Mutual funds & institutions holding Manaksia Steels

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Manaksia Steels Limited

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