Manaksia Steels Reports Mixed Financial Trends Amidst Record Sales and Rising Costs

Manaksia Steels, a microcap player in the ferrous metals industry, has recently undergone a financial trend adjustment, reflecting a more stable performance in its latest quarter ending March 2025. The company reported a notable increase in key financial metrics, with a profit after tax (PAT) of Rs 4.71 crore, marking a significant growth of 69.2% compared to the previous four-quarter average. Additionally, net sales reached a record high of Rs 204.14 crore, while the profit before depreciation, interest, and taxes (PBDIT) also peaked at Rs 8.95 crore.
However, not all aspects of the company's financial health are positive. Over the latest six-month period, PAT has declined by 22.02%, indicating challenges in sustaining profitability. Furthermore, interest expenses surged by 62.68%, which could impact future earnings.

In terms of market performance, Manaksia Steels has shown resilience, with a year-to-date return of 4.63%, slightly outperforming the Sensex's 4.47%. Over a five-year horizon, the stock has delivered an impressive return of 626.64%, significantly surpassing the Sensex's 151.77%. This long-term performance highlights the company's ability to navigate market fluctuations effectively.