StockWatch
·

Manaksia Steels Ltd Q2 FY26 Results

MANAKSTEELQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue262.6720.8%151.5%
Total Income263.6319.8%134.8%
Expenditure257.1321.6%132.9%
PBT6.5024.6%283.7%
Net Profit4.5030.6%311.6%
OPM4.73%0.21pp13.33pp
NPM1.71%1.24pp0.74pp
EPS0.6930.3%305.9%
View full financials

Manaksia Steels Reports 184% YoY Total Sales Volume Growth in Q2 FY 26

13 Nov 2025 · 13 Nov 2025, 03:47 pm

Summary

Manaksia Steels Limited has reported a 184% Year-over-Year (YoY) total sales volume growth in Q2 FY 26. The production of Galvanised Coil and Sheet grew by 56% YoY, and the Production of Pre-Painted Coil and Sheet grew by 150% YoY. The company's new Aluzinc-Coated Steel Line is operating smoothly, reaching around 75% capacity utilisation. The new Colour-Coating Line at Haldia is progressing well and is expected to enhance the company's colour-coating capacity by nearly 200%.

Key Highlights

  1. 1

    Total Sales Volume increased by 184% YoY

  2. 2

    The Production of Galavanised Coil and Sheet grew by 56% YoY

  3. 3

    The Production of Pre-Painted Coil and Sheet grew by 150% YoY

  4. 4

    Newly commissioned Aluzinc-Coated Steel Line reached around 75% capacity utilisation

  5. 5

    New Colour-Coating Line at Haldia is progressing well and will enhance colour-coating capacity by nearly 200%

  6. 6

    Nigerian subsidiary, Federated Steel Mills Ltd. (FSML), delivered over 150% year-on-year revenue growth with improved profitability

Management Comments

M

Mr. Varun Agarwal

We are pleased to report yet another quarter of resilient performance, reflecting the strength of our business model and the growing trust in our products... We expect a steady recovery in both demand and margins from the upcoming quarters... Encouraged by its market acceptance, we are confident this product will play a key role in our margin expansion going forward... As we enter the second half of FY 2025-26, we remain optimistic about the demand outlook and are focused on driving scale, efficiency, and financial discipline.

Informational and educational content only. Not investment advice.