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Manaksia Steels Ltd (IN:MANAKSTEEL)
:MANAKSTEEL
India Market
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Manaksia Steels Ltd (MANAKSTEEL) Price & Analysis

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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%)

Bulls Say, Bears Say

Bulls Say
Strong FY2026 Financial ReboundThe sharp FY2026 improvement shows renewed demand and stronger earnings generation after a weak prior year. Higher revenue, profitability, and margins can strengthen internal funding capacity and provide a better base for sustaining operations and pursuing growth over the next several quarters.
Value-Added Coated Steel BusinessA focus on galvanized and pre-painted steel gives the company a processed, value-added product mix rather than exposure only to unprocessed steel. Serving construction and industrial customers across domestic and export markets supports multiple demand channels and a durable operating model.
Improved Year-Over-Year LeverageLower leverage versus the prior year indicates improved balance-sheet positioning and greater financial flexibility than in FY2025. A stronger equity base and more moderate debt burden can help the company manage cyclical steel conditions while preserving capacity to fund working capital and operations.
Bears Say
Inconsistent Cash ConversionWeak and volatile cash conversion means accounting profit is not consistently translating into funds available for debt reduction, reinvestment, or shareholder returns. Continued working-capital needs or reinvestment could constrain financial flexibility even while reported earnings remain improved.
Volatile And Sub-Peak MarginsRecent margin recovery is encouraging, but profitability remains below earlier peak levels and has varied materially through the cycle. This limits confidence in earnings durability because changes in steel prices, input costs, and end-market demand can materially affect the company’s operating performance.
Higher Debt Than Earlier YearsThe improved FY2026 leverage ratio still leaves the company more indebted than it was in earlier years. In a cyclical steel business, a higher historical debt burden can increase pressure on cash allocation and reduce resilience if demand weakens or operating margins contract.

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 ₹6.93B.
      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 40 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. Get more investment ideas with TipRanks Premium
            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.

                  Manaksia Steels Ltd (MANAKSTEEL) Earnings & Revenues

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