how big is Manaksia Steels?

As of Jun 06, Manaksia Steels Ltd has a market capitalization of 387.00 Cr, with recent net sales of 634.25 Cr and a net profit of 9.75 Cr over the last four quarters. The company's shareholder's funds are 300.44 Cr, and total assets are valued at 520.00 Cr as of Mar'24.

Market Cap: Manaksia Steels Ltd has a market capitalization of 387.00 Cr, categorizing it as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 634.25 Cr. The sum of Net Profit for the same quarters is 9.75 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds amount to 300.44 Cr, and the Total Assets are valued at 520.00 Cr.

When is the next results date for Manaksia Steels?

No Upcoming Board Meetings

Has Manaksia Steels declared dividend?

No Dividend History Available

Who are the peers of the Manaksia Steels?

Manaksia Steels' peers include JSW Steel, Tata Steel, Jindal Steel, and Lloyds Metals, among others. In terms of performance, Lloyds Metals leads with a 1-year return of 105.66%, while Manaksia Steels has a return of 14.03%.

Peers: The peers of Manaksia Steels are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Visa Steel, Scan Steels, Shyam Century, Nagpur Power, and Jainam Ferro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals, while Good management risk is found at JSW Steel, Tata Steel, Jindal Steel, and the rest. Below Average management risk is present at Manaksia Steels, SAIL, Shyam Century, Nagpur Power, and the rest. Growth is Excellent at Lloyds Metals, Good at JSW Steel, and Average at Tata Steel, Jindal Steel, and the rest. Below Average growth is noted at Manaksia Steels, SAIL, Scan Steels, Shyam Century, Nagpur Power, and the rest. Capital Structure is Excellent at Manaksia Steels, Good at Jindal Steel, Scan Steels, and the rest, while Below Average is seen at SAIL and Nagpur Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lloyds Metals at 105.66%, while the lowest is Shyam Century at -51.77%. Manaksia Steels has a 1-year return of 14.03%, which is higher than Shyam Century but lower than Lloyds Metals. Additionally, the six-month return is negative for Scan Steels, Shyam Century, and Nagpur Power.

What is the technical trend for Manaksia Steels?

As of June 2, 2025, Manaksia Steels shows a mildly bearish trend, with conflicting indicators such as a bullish weekly MACD and a bearish monthly RSI, while moving averages and Bollinger Bands suggest limited upward potential.

As of 2 June 2025, the technical trend for Manaksia Steels has changed from sideways to mildly bearish. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, indicating a divergence in short-term and long-term momentum. The RSI shows a bearish signal on the monthly timeframe, while the weekly RSI has no signal. Moving averages on the daily chart are mildly bearish, reinforcing the current trend. Bollinger Bands indicate a mildly bullish stance on both weekly and monthly timeframes, suggesting some potential for upward movement despite the overall bearish trend. KST is bullish weekly but mildly bearish monthly, further complicating the outlook. Overall, the current technical stance is mildly bearish, with key indicators like the monthly MACD and daily moving averages driving this assessment.

Who are in the management team of Manaksia Steels?

As of March 2022, the management team of Manaksia Steels includes Varun Agrawal as Managing Director, along with six non-executive and independent directors: A K Chakraborty, K K Chaudhuri, Nidhi Baheti, Mrinal Kanti Pal, Suresh Kumar Agrawal, and Ramesh Kumar Maheshwari.

As of March 2022, the management team of Manaksia Steels includes the following individuals:<BR><BR>1. A K Chakraborty - Independent Non Executive Director<BR>2. K K Chaudhuri - Independent Non Executive Director<BR>3. Nidhi Baheti - Independent Non Executive Woman Director<BR>4. Mrinal Kanti Pal - Non Executive Director<BR>5. Suresh Kumar Agrawal - Non Executive Director<BR>6. Varun Agrawal - Managing Director<BR>7. Ramesh Kumar Maheshwari - Non Executive Director<BR><BR>This team comprises a mix of independent and non-executive directors, along with the managing director.

What does Manaksia Steels do?

Manaksia Steels Ltd manufactures steel products and operates in the Ferrous Metals industry. As of March 2025, it reported net sales of ₹2,041 Cr and a net profit of ₹47 Cr, with a market cap of ₹419 Cr.

Overview:<BR>Manaksia Steels Ltd is engaged in the manufacturing of steel products and operates within the Ferrous Metals industry, classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in June 2001, Manaksia Steels Ltd was founded by Mr. Suresh Kumar Agrawal, a qualified chemical engineer. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2,041 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 47 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 419 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 40.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.24<BR>- Return on Equity: 3.52%<BR>- Price to Book: 1.46<BR><BR>Contact Details:<BR>Address: Turner Morrison Building, 6 Lyons Range 1st Floor Kolkata West Bengal : 700001<BR>Tel: 91-33-22310050/51/52<BR>Email: investorrelmsl@manaksia.com<BR>Website: http://www.manaksiasteels.com

Who are the top shareholders of the Manaksia Steels?

The top shareholders of Manaksia Steels include promoter Payal Agrawal with 19.51%, individual investors with 19.6%, and Shree Bahubali Stock Broking Limited holding 1.1%. There are no pledged promoter holdings, and the company has one foreign institutional investor, with no mutual funds currently invested.

The top shareholders of Manaksia Steels include the promoters, with Payal Agrawal holding the highest stake at 19.51%. Additionally, individual investors collectively hold 19.6% of the shares. Among public shareholders, Shree Bahubali Stock Broking Limited is notable with a holding of 1.1%. There are no pledged promoter holdings, and the company has one foreign institutional investor (FII) involved. Mutual funds do not currently hold any shares in the company.

Are Manaksia Steels latest results good or bad?

Manaksia Steels reported strong financial results for June 2025, with a Profit Before Tax of Rs 6.11 crore and a 37.2% increase in net sales. However, rising interest costs and increased debt levels pose challenges, so while the results are generally positive, caution is warranted.

Manaksia Steels has reported a strong financial performance for the quarter ending June 2025, indicating a generally positive outlook. The company achieved a Profit Before Tax (PBT) of Rs 6.11 crore, which is a remarkable increase of over 12,763% compared to the average PBT from the previous four quarters. Profit After Tax (PAT) also rose significantly by 154.9% to Rs 6.49 crore.<BR><BR>Net sales reached Rs 217.49 crore, reflecting a 37.2% increase from the previous four-quarter average, which suggests a solid sales trend. The operating profit margin improved to 4.94%, marking the highest level in the last five quarters, indicating enhanced operational efficiency. Additionally, earnings per share (EPS) increased to Rs 0.99, which is a positive sign for shareholders.<BR><BR>However, there are some challenges to consider. The company is experiencing rising interest costs, which have increased by 80.88% over the last half-year, totaling Rs 6.15 crore. The debt-equity ratio has also risen to 0.71 times, indicating higher borrowing levels, and the debtors turnover ratio has declined to 16.57 times, suggesting a slower pace in settling debts.<BR><BR>In summary, while Manaksia Steels has shown impressive growth in key financial metrics, the rising interest costs and increased debt levels present challenges that the company will need to manage moving forward. Overall, the latest results can be viewed as good, but with caution regarding the financial pressures.

Is Manaksia Steels overvalued or undervalued?

As of November 17, 2025, Manaksia Steels is considered undervalued with a PE ratio of 23.76 and strong growth potential, outperforming peers like JSW Steel and Jindal Steel, and delivering a 78.91% return over three years compared to the Sensex's 37.57%.

As of 17 November 2025, the valuation grade for Manaksia Steels has moved from expensive to attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 23.76, an EV to EBITDA ratio of 12.69, and a PEG ratio of 0.49, suggesting strong growth potential relative to its price. <BR><BR>In comparison to its peers, Manaksia Steels stands out as more attractively valued than JSW Steel, which has a PE ratio of 46.87, and Jindal Steel, with a PE ratio of 27.76. Additionally, Tata Steel, also rated attractive, has a higher PE ratio of 29.08, further supporting the notion that Manaksia Steels is undervalued in its sector. Notably, the company's stock has outperformed the Sensex over various periods, including a 78.91% return over three years compared to the Sensex's 37.57%, reinforcing its investment appeal.

How has been the historical performance of Manaksia Steels?

Manaksia Steels has experienced a decline in net sales and operating profit from March 2022 to March 2025, with net sales dropping from INR 742.38 crore to INR 634.26 crore and operating profit falling from INR 61.36 crore to INR 27.32 crore. However, cash flow from operating activities improved to INR 13 crore in March 2025 after a previous negative cash flow.

Answer:<BR>The historical performance of Manaksia Steels shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Manaksia Steels' net sales have seen a decline from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025, following a peak in March 2023. The total operating income mirrored this trend, decreasing from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025. Raw material costs peaked at INR 617.77 crore in March 2023 but decreased to INR 551.74 crore by March 2025. Operating profit (PBDIT) also fell significantly from INR 61.36 crore in March 2022 to INR 27.32 crore in March 2025, reflecting a declining operating profit margin that dropped from 8.7% in March 2022 to 2.33% in March 2025. Profit before tax decreased from INR 48.93 crore in March 2022 to INR 12.00 crore in March 2025, and profit after tax followed suit, declining from INR 35.32 crore in March 2022 to INR 9.75 crore in March 2025. The company's total liabilities increased from INR 420.11 crore in March 2023 to INR 536.53 crore in March 2025, while total assets rose from INR 420.11 crore to INR 536.53 crore in the same period. Cash flow from operating activities showed a recovery to INR 13 crore in March 2025 after a negative cash flow in the previous year, indicating some improvement in operational efficiency.

Should I buy, sell or hold Manaksia Steels?

Which are the latest news on Manaksia Steels?

Why is Manaksia Steels falling/rising?

As of 04-Dec, Manaksia Steels Ltd's stock price is declining, currently at Rs 61.70, reflecting a 2.23% drop. This trend is marked by reduced investor participation and underperformance against its sector, indicating short-term weakness.

As of 04-Dec, Manaksia Steels Ltd's stock price is falling, currently at Rs 61.70, which reflects a decrease of Rs 1.41 or 2.23%. This decline is part of a broader trend, as the stock has been losing value for the last two days, with a total drop of 3.74% during this period. Additionally, the stock has underperformed its sector by 2.16% today.<BR><BR>Investor participation appears to be decreasing, as evidenced by a significant drop in delivery volume, which fell by 88.94% compared to the 5-day average. This reduced trading activity may indicate waning interest among investors. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average, suggesting short-term weakness.<BR><BR>Overall, the combination of consecutive price declines, reduced investor participation, and underperformance relative to the sector contributes to the current downward movement in Manaksia Steels' stock price.