How has been the historical performance of Manaksia Steels?

Sep 29 2025 10:42 PM IST
share
Share Via
Manaksia Steels has experienced a declining trend in net sales and profitability, with net sales dropping from 742.38 Cr in March 2023 to 634.26 Cr in March 2025, and profit after tax falling from 28.38 Cr to 9.75 Cr in the same period, despite an improvement in cash flow from operating activities. Total assets and liabilities increased, indicating a tightening balance sheet.
Answer:
The historical performance of Manaksia Steels shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.

Breakdown:
Manaksia Steels reported net sales of 634.26 Cr in March 2025, down from 681.07 Cr in March 2024 and 742.38 Cr in March 2023, indicating a downward trend from a peak of 742.38 Cr in March 2023. The total operating income followed a similar pattern, with a decrease to 634.26 Cr in March 2025 from 681.07 Cr in the previous year. The company's total expenditure also decreased to 619.48 Cr in March 2025, down from 643.64 Cr in March 2024, reflecting a reduction in raw material costs and other expenses. Operating profit (PBDIT) saw a significant drop to 27.32 Cr in March 2025 from 53.06 Cr in March 2024, while profit before tax decreased to 12.00 Cr from 37.83 Cr in the same period. Consequently, profit after tax fell to 9.75 Cr in March 2025 from 28.38 Cr in March 2024. The company's total assets increased to 536.53 Cr in March 2025 from 520.00 Cr in March 2024, while total liabilities also rose to 536.53 Cr from 520.00 Cr, indicating a balance sheet that is tightening. Cash flow from operating activities improved to 13.00 Cr in March 2025 from a negative 52.00 Cr in March 2024, suggesting a recovery in cash generation despite the overall decline in profitability.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News