Manaksia Steels' Q1 FY 2026-27 Quarterly Results

Result Summary

• Manaksia Steels Ltd reported a -0.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 50.5%.
• Its expenses for the quarter were down by 1.4% QoQ and up 42.2% YoY.
• The net profit increased 17.2% QoQ and increased 249.0% YoY.
• The earnings per share (EPS) of Manaksia Steels Ltd stood at 3.46 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Manaksia Steels Ltd is a company involved in the production and distribution of steel products. Operating within the metals and mining industry, it primarily focuses on manufacturing various steel-based products that cater to different sectors including construction, automotive, and industrial applications. As a key player in the steel manufacturing space, Manaksia Steels Ltd has continued to navigate through the industry's dynamic market conditions. At this time, there is no specific information available regarding any recent major developments or strategic initiatives undertaken by the company.

Revenue

During Q1FY27, Manaksia Steels Ltd reported a total income of ₹331.16 crores, which is almost unchanged from the previous quarter (Q4FY26) where the total income was ₹331.24 crores, marking a QoQ change of -0.0%. However, when compared to the same quarter of the previous fiscal year (Q1FY26), where the total income was ₹220.00 crores, there is a significant YoY increase of 50.5%. This substantial rise in revenue year-over-year reflects a robust growth trajectory in the company’s income generation over the past year.

Profitability

For the quarter ended Q1FY27, Manaksia Steels Ltd achieved a Profit Before Tax (PBT) of ₹30.49 crores, which represents a 15.5% increase from the previous quarter's PBT of ₹26.40 crores. The Profit After Tax (PAT) for Q1FY27 amounted to ₹22.65 crores, up by 17.2% from ₹19.32 crores in Q4FY26. Year-over-year, the PAT increased dramatically by 249.0% from ₹6.49 crores in Q1FY26. The earnings per share (EPS) also showed a similar trend, increasing to ₹3.46 in Q1FY27, up by 17.3% QoQ and 249.5% YoY. This data highlights a strong improvement in profitability metrics over the past year.

Operating Metrics

The total expenses for Q1FY27 were reported at ₹300.67 crores, showing a slight decrease of 1.4% compared to ₹304.84 crores in Q4FY26. Year-over-year, total expenses increased by 42.2% from ₹211.38 crores in Q1FY26. Despite the increase in expenses over the year, the company's ability to manage expenses QoQ indicates a focus on cost efficiency. The tax expense for Q1FY27 was ₹7.84 crores, which increased by 10.7% QoQ and 268.1% YoY. This highlights an increase in tax liabilities in line with the improved profitability. The financial data indicates that Manaksia Steels Ltd has been able to sustain operational efficiencies, contributing to the overall improvement in financial performance.