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MANAKSTEEL Stock Chart & Stats
₹72.60
-₹1.02(-1.44%)
At close: 4:00 PM EDT
₹72.60
-₹1.02(-1.44%)
Day’s Range― - ―
52-Week Range₹44.21 - ₹122.00
Previous CloseN/A
Volume11.89K
Average Volume (3M)17.34K
Market Cap
₹7.67B
Enterprise Value₹3.69K
Total Cash (Recent Filing)₹733.86M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)10.1
Beta1.20
Next Earnings
Nov 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.71
Shares Outstanding65,534,050
10 Day Avg. Volume22,864
30 Day Avg. Volume17,345
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)1.91
Price to Sales (P/S)0.55
P/FCF Ratio59.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
FY2026 Earnings ReboundThe strong FY2026 rebound shows materially improved demand or operating execution after a weak prior year. Higher revenue and profit provide greater internal funding capacity and, if sustained, can strengthen the company’s ability to support customers, investment, and future growth.
Improved LeverageYear-over-year deleveraging improves financial flexibility and reduces balance-sheet pressure relative to the immediately preceding period. A stronger equity base and lower leverage can help the company absorb steel-cycle volatility while preserving capacity to fund operations and productive investment.
Value-Added Product MixProcessing steel into galvanized and pre-painted products creates value beyond selling unprocessed material and serves multiple industrial and construction uses. Domestic and export reach also broadens the potential customer base, supporting a business model with more product differentiation than basic steel sales.
Bears Say
Weak Cash ConversionProfit growth has not translated proportionally into dependable free cash flow. Modest and volatile cash generation can constrain reinvestment, debt reduction, and shareholder returns, while recurring working-capital or reinvestment demands may make reported earnings less durable.
Volatile MarginsAlthough profitability improved sharply in FY2026, margins remain below earlier peak levels and have varied materially through the cycle. This suggests earnings may remain sensitive to steel prices, input costs, demand, and product spreads, limiting confidence in stable mid-cycle profitability.
Higher Historical LeverageThe current leverage improvement is measured against a higher-debt position than the company maintained in earlier years. Greater historical reliance on debt can increase financial strain during weaker steel conditions and reduce flexibility if operating cash flow becomes volatile.
Manaksia Steels Ltd News
MANAKSTEEL FAQ
What was Manaksia Steels Ltd’s price range in the past 12 months?
Manaksia Steels Ltd lowest stock price was ₹44.21 and its highest was ₹122.00 in the past 12 months.
What is Manaksia Steels Ltd’s market cap?
Manaksia Steels Ltd’s market cap is ₹7.67B.
When is Manaksia Steels Ltd’s upcoming earnings report date?
Manaksia Steels Ltd’s upcoming earnings report date is Nov 05, 2026 which is in 53 days.
How were Manaksia Steels Ltd’s earnings last quarter?
Manaksia Steels Ltd released its earnings results on Aug 10, 2026. The company reported ₹3.456 earnings per share for the quarter.
Is Manaksia Steels Ltd overvalued?
According to Wall Street analysts Manaksia Steels Ltd’s price is currently Overvalued.
Does Manaksia Steels Ltd pay dividends?
Manaksia Steels Ltd does not currently pay dividends.
What is Manaksia Steels Ltd’s EPS estimate?
Manaksia Steels Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Manaksia Steels Ltd have?
Manaksia Steels Ltd has 65,534,050 shares outstanding.
What happened to Manaksia Steels Ltd’s price movement after its last earnings report?
Manaksia Steels Ltd reported an EPS of ₹3.456 in its last earnings report. Following the earnings report the stock price went down -4.115%.
Which hedge fund is a major shareholder of Manaksia Steels Ltd?
Currently, no hedge funds are holding shares in IN:MANAKSTEEL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Manaksia Steels Ltd
Established in 2001 and headquartered in Kolkata, India, Manaksia Steels Limited focuses on the manufacturing and distribution of secondary steel goods. These materials are supplied to key sectors including housing, industry, and infrastructure, across both domestic Indian and international markets. The company's product line features cold rolled sheets, which are critical for the internal and external panels of automobiles, buses, and commercial vehicles. They also produce galvanized corrugated sheets, frequently used in rural housing projects and factory constructions, as well as galvanized plain sheets, ideal for creating storage containers and water tanks. Furthermore, Manaksia Steels provides color-coated coils and sheets, catering to the construction, residential, consumer durable, and other industrial segments. The firm is also a regular exporter of its products globally.
Technical Analysis
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