Date: 10.08.2026

Financial Results (Standalone & Consolidated)

Standalone Results (₹ in Cr.):

  • Total Income: ₹305.88 crore in Q1 FY27 vs ₹203.48 crore in Q1 FY26, up 50.32% YoY
  • EBITDA: ₹36.33 crore vs ₹12.54 crore, up 189.70% YoY
  • EBITDA Margin: 11.88% vs 6.16%, up 92.72% YoY
  • PAT: ₹22.38 crore vs ₹6.35 crore, up 252.59% YoY
  • PAT Margin: 7.32% vs 3.12%, up 134.55% YoY
  • EPS: ₹3.41 vs ₹0.97, up 252.59% YoY
  • Cash EPS: ₹3.83 vs ₹1.21, up 217.60% YoY

Consolidated Results (₹ in Cr.):

  • Total Income: ₹331.16 crore in Q1 FY27 vs ₹220.00 crore in Q1 FY26, up 50.53% YoY
  • EBITDA: ₹37.21 crore vs ₹13.26 crore, up 180.62% YoY
  • EBITDA Margin: 11.24% vs 6.03%, up 86.42% YoY
  • PAT: ₹22.65 crore vs ₹6.49 crore, up 249.16% YoY
  • PAT Margin: 6.84% vs 2.95%, up 131.95% YoY
  • EPS: ₹3.46 vs ₹0.99, up 249.16% YoY
  • Cash EPS: ₹3.94 vs ₹1.28, up 208.03% YoY

Management Commentary

Mr. Varun Agrawal, Managing Director, commented on the performance:

  • Company delivered robust growth across key financial parameters in Q1 FY27
  • Sales of value-added coated steel products increased by approximately 40%
  • Steel prices increased during April followed by relative stabilisation through May and June
  • Power and fuel availability improved compared with previous quarter, though costs remained elevated
  • Focus on operational efficiency, product mix and disciplined cost management enabled margin improvement
  • Aluzinc-Coated Steel Line operated at around 90% capacity utilisation
  • Existing Colour-Coating Line operated at full capacity
  • Nigerian subsidiary Federated Steel Mills Ltd. (FSML) recorded approximately 50% year-on-year growth in revenue
  • New CCL II erection progressing well
  • Focus remains on maximising capacity utilisation, increasing value-added products, strengthening market presence and improving operational efficiencies

Company Background

Manaksia Steels Limited (MSL) is a manufacturer and exporter of coated steel products including:

  • Cold-rolled steel sheets and coils
  • Hot-dip galvanised and Aluzinc-coated steel sheets and coils
  • Pre-painted coils and sheets under brands: Austrang, 5 Star Super Colour, 5 Star Superlume, and 5 Star Super Sakti

Manufacturing facility located in Haldia, West Bengal, strategically located at Haldia port for export access and raw material imports

Products used across construction, solar, infrastructure, home appliances, and general engineering sectors

Disclaimer

Document contains forward-looking statements within meaning of applicable laws and regulations. Actual results might differ substantially. Important developments that could affect operations include changes in industry structure, political and economic environment in India and overseas, tax laws, import duties, litigations, and labour relations.