Manaksia Steels Ltd (MANAKSTEEL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Manaksia Steels Ltd on NSE and BSE, with an AI summary of each filing.
Scrutinizer''s Report of the 25th Annual General Meeting of the Company held on September 23, 2026
Annual General Meeting · 24 Sept 2026, 11:19 pm
Proceedings of 25th Annual General Meeting of the Company held on September 23, 2026
Annual General Meeting · 23 Sept 2026, 10:15 pm
Letter to the Shareholders for Annual Report Web-Link
Annual Report · 04 Sept 2026, 6:14 pm
Annual Report for the FY 2025-26
Others (Uncategorized) · 27 Aug 2026, 10:27 pm
Notice of 25th Annual General Meeting scheduled to be held on 23rd September, 2026
Annual General Meeting · 27 Aug 2026, 10:23 pm
Updates on Pending Litigation
Others (Uncategorized) · 21 Aug 2026, 10:53 pm
Manaksia Steels Settles Haldia Land Litigation, Paying Rs 3.32 Cr Manaksia Steels Limited has settled and concluded a long-standing litigation concerning land at Haldia, West Bengal. The company deposited an enhanced land premium of Rs 3.32 crore to the Haldia Development Authority (HDA), complying with a Calcutta High Court order dated 27 Jul'26. This payment resolves a dispute inherited from Manaksia Limited following a 2014 demerger, where HDA had demanded a higher premium. With this payment, the litigation is concluded with no further liability or amount outstanding for Manaksia Steels.
Disclosure of Pending Litigation
Others (Uncategorized) · 12 Aug 2026, 12:07 am
Manaksia Steels Discloses ₹3.33 Crore Litigation Over Haldia Land Premium Manaksia Steels disclosed a litigation regarding a land parcel in Haldia, West Bengal, transferred from Manaksia Limited after a demerger. On 27 Jul'26, the Calcutta High Court directed the petitioner to pay an enhanced land premium of ₹3.33 crore to the Haldia Development Authority (HDA) within six weeks. The dispute arose from HDA increasing the premium from ₹5.50 lakhs to ₹15 lakhs per acre for 35 acres. The company envisages no adverse financial impact but may appeal the order.
Key Financial Highlights on Un-audited Financial results for Q1 FY27
Others (Uncategorized) · 11 Aug 2026, 2:00 am
Manaksia Steels Reports Strong Q1 FY27 with 249% YoY PAT Growth Manaksia Steels reported strong consolidated results for Q1 FY27 ending 30th Jun'26. Total income grew 50.53% YoY to ₹331.16 Cr, while EBITDA rose 180.62% YoY to ₹37.21 Cr, with margins expanding to 11.24% from 6.03%. PAT surged 249.16% YoY to ₹22.65 Cr. Growth was driven by operational efficiencies, a better product mix, and a 40% increase in value-added coated steel sales. The Aluzinc-Coated Steel Line operated at 90% capacity, and the Nigerian subsidiary's revenue grew approximately 50% YoY.
Intimation under Regulation 30- Capacity Addition
Others (Uncategorized) · 11 Aug 2026, 1:53 am
Manaksia Steels Announces ₹800 Crore Two-Phase Expansion Plan at Haldia Manaksia Steels' board approved a ₹800 crore capacity expansion at its Haldia facility on 10 Aug'26. The two-phase project, funded by debt and internal accruals, targets Cold-Rolled Coil and Coated Steel production. Phase I investment is ₹375 crore, with completion by FY30, and Phase II requires ₹425 crore, targeted for completion by FY34. For Q1FY27 ended 30 Jun'26, consolidated PAT rose to ₹2,264.59 lacs from ₹648.59 lacs YoY, on revenue of ₹32,748.77 lacs, up from ₹21,749.08 lacs YoY.
The Board has fixed 16th September, 2026 as the cut-off date for the purpose of E-voting at the AGM
Others · 11 Aug 2026, 1:50 am
25th AGM of the Company scheduled on 23rd September, 2026
Annual General Meeting · 11 Aug 2026, 1:47 am
Un-audited results for the quarter ended 30th June, 2026
Financial Result · 11 Aug 2026, 1:43 am
Manaksia Steels Board Approves ₹800 Cr Capex and Q1'FY27 Results Manaksia Steels announced in-principle approval for an ₹800 crore two-phase expansion at its Haldia facility for Cold-Rolled Coil and Coated Steel, funded by debt and internal accruals. For Q1'FY27 ended 30th Jun'26, consolidated Net Profit (PAT) increased 250% YoY to ₹2,264.59 lacs from ₹648.59 lacs. Revenue from operations grew 50.6% YoY to ₹32,748.77 lacs. The company also reported a QoQ PAT increase of 17.2%. The board also approved the 25th AGM to be held on 23rd Sep'26.
Outcome of Board Meeting held on 10th August, 2026
Outcome · 11 Aug 2026, 1:33 am
Manaksia Steels Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lacs) ■ Revenue: 32,749 (+50.6% YoY | -1.7% QoQ) ■ EBITDA: 3,354 (+211.9% YoY | -11.7% QoQ) ■ EBITDA Margin (%): 10.2 (+530 bps YoY | -116 bps QoQ) ■ PAT: 2,265 (+249.2% YoY | +17.2% QoQ) ■ EPS (INR): 3.46 (+249.5% YoY | +17.3% QoQ)
Shifting of Credit Rating Agency of the Company from Care Ratings Limited to ICRA Limited
Others (Uncategorized) · 08 Aug 2026, 4:41 pm
Manaksia Steels Switches Credit Rating Agency to ICRA Limited On 08-Aug-'26, Manaksia Steels Limited announced it has shifted its credit rating agency from CARE Ratings Limited to ICRA Limited. Following the company's request on 18-Jun-'26, CARE Ratings has officially withdrawn its credit rating assigned to the company's bank loan facilities, effective 07-Aug-'26. This change in rating agency is a key update for monitoring the company's credit profile and associated financial risk.
Manaksia Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Intimation · 10 Aug 2026, 5:30 am
ICRA Limited has assigned the ratings to bank facilities of the Company
Others (Uncategorized) · 18 Jun 2026, 9:34 pm
Manaksia Steels Assigned [ICRA] A (Stable) and A1 Ratings ICRA assigned credit ratings to Manaksia Steels' bank facilities on 18 Jun'26. The Rs. 60.00 crore long-term fund-based working capital limits were rated [ICRA] A with a Stable outlook. The Rs. 440.00 crore short-term non-fund-based facilities received an [ICRA] A1 rating. These ratings apply to total bank facilities of Rs. 500.00 crore and reflect the company's creditworthiness.
Key Financial Highlights on Audited financial results for the quarter and year ended 31st March, 2026
Others (Uncategorized) · 22 May 2026, 10:40 pm
Manaksia Steels Posts Robust Q4 & FY26 with Significant Profit Growth Manaksia Steels reported strong Q4 FY26 results with consolidated net profit surging 310.5% YoY to ₹19.32 Cr and revenue growing 61.6% YoY to ₹331.24 Cr. For the full year FY26, consolidated PAT jumped 309.4% to ₹39.92 Cr on a 75.6% revenue increase to ₹1135.43 Cr. Growth was driven by over 100% YoY sales volume growth, higher price realisations, and improved margins. The company announced a ₹100 Cr investment for a new Cold Rolling Mill (250,000 MTPA), expected to be completed by Q4 FY28.
Re-appointment of B. Mukhopadhyay & Co. as Cost Auditors for the FY 2026-27
Change in Auditor · 22 May 2026, 10:30 pm
Manaksia Steels Reports FY26 Results, Reappoints Auditors Manaksia Steels announced consolidated FY26 results on 22nd May'26, reporting revenue of ₹1,13,542.59 lacs and a net profit (PAT) of ₹3,991.84 lacs. This compares to FY25 revenue of ₹64,679.26 lacs and PAT of ₹974.98 lacs. For Q4 FY26, consolidated revenue was ₹33,123.88 lacs with a PAT of ₹1,932.27 lacs. The Board also approved the appointment of JMNR & Associates as internal auditors and the re-appointment of B. Mukhopadhyay & Co. as cost auditors for FY27, with unmodified opinions issued by statutory auditors.
M/s. JMNR & Associates has been appointed as Internal Auditors of the Company for the FY 2026-27
Change in Auditor · 22 May 2026, 10:26 pm
Manaksia Steels FY26 Results: Profit Up 243% YoY, Revenue Rises 79% Manaksia Steels reported strong consolidated results for the year ended 31st Mar'26. Revenue grew 75.6% YoY to ₹1,135.43 Lacs, while Net Profit surged 306.9% YoY to ₹399.18 Lacs. For Q4 FY26, revenue increased 61.6% YoY to ₹331.24 Lacs, with Net Profit reaching ₹193.23 Lacs, reversing a loss of ₹47.07 Lacs YoY. The Board approved the audited financial results, re-appointed Cost Auditors for FY27, and appointed JMNR & Associates as new Internal Auditors for FY27.
Audited Financial Results for the quarter and year ended 31.03.2026
Financial Result · 22 May 2026, 10:22 pm
Manaksia Steels Q4FY26 PAT Jumps 103% YoY, Full Year Profit Up Over 300% Manaksia Steels reported strong consolidated results for the quarter ended 31st Mar'26, with revenue rising 61.6% YoY to ₹331.24 crore. EBITDA grew 67.5% YoY to ₹36.12 crore. Net Profit for the quarter jumped 103.2% YoY to ₹19.32 crore. For the full year FY26, consolidated revenue increased 75.6% to ₹1,135.43 crore, while PAT surged 309.5% to ₹39.92 crore from ₹9.75 crore in FY25. The board approved the results and re-appointed the cost auditors for FY27.
The Board of Directors of the Company at its meeting held today i.e., Friday, 22nd May, 2026, which commenced at 01:00 P.M. and concluded at 04:15 P.M. have inter-alia transacted the following ....
Outcome · 22 May 2026, 10:06 pm
Manaksia Steels Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lacs) ■ Revenue: 33,308 (+63.2% YoY | +4.8% QoQ) ■ EBITDA: 3,797 (+324.0% YoY | +146.3% QoQ) ■ EBITDA Margin (%): 11.4 (+701 bps YoY | +655 bps QoQ) ■ PAT: 1,932 (+310.5% YoY | +101.1% QoQ) ■ EPS (INR): 2.95 (+309.7% YoY | +100.7% QoQ)
CARE Ratings Limited has reaffirmed the rating to Bank facilities of Manaksia Steels Limited
Others (Uncategorized) · 21 May 2026, 6:39 pm
Manaksia Steels: CARE Ratings Reaffirms Bank Facilities Ratings CARE Ratings reaffirmed its credit ratings for Manaksia Steels' bank facilities on 21 May'26. The long-term facilities of Rs. 60.00 crores were reaffirmed at 'CARE A-; Stable', and the short-term facilities of Rs. 440.00 crores were reaffirmed at 'CARE A2+'. The total rated facilities amount to Rs. 500.00 crores. This action follows a previous rating on 17 Jul'25, where the facilities were enhanced. The stable outlook indicates continued creditworthiness for the company's debt instruments.
Manaksia Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve Audited Financial Results (both ....
Intimation · 22 May 2026, 5:30 am
Manaksia Steels Board Meeting on 22 May'26 for Q4 and FY26 Results Manaksia Steels has scheduled a Board of Directors meeting on 22 May'26 to consider and approve the audited standalone and consolidated financial results for the quarter and year ended 31 Mar'26. The trading window for designated persons, closed since 01 Apr'26, will reopen 48 hours after the results are announced to the stock exchanges. This action complies with SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Proposed capacity expansion for production of Cold Rolled Coils at Haldia, West Bengal
Others (Uncategorized) · 25 Mar 2026, 10:22 pm
Manaksia Steels Announces ₹100 Crore Capacity Expansion at Haldia Plant Manaksia Steels is undertaking a capacity expansion for Cold Rolled Coils at its Haldia unit with an investment of approx. ₹100 crores, funded by debt and internal accruals. The project will add 2,50,000 tonnes per annum, more than doubling existing capacity to 3,70,000 tonnes. This expansion aims to meet growing captive, domestic, and international demand. The new capacity, representing a 208% increase over the current 1,20,000 tonnes (at 82% utilization), is expected to be commissioned by Q4 FY28.
Key Financial Highlights on Un-audited financial results for the quarter and nine months ended 31st December, 2025
Others (Uncategorized) · 31 Jan 2026, 9:52 pm
Manaksia Steels Q3 FY26 Results: Robust Growth Driven by Volume and Margin Expansion Manaksia Steels reported strong consolidated Q3 FY26 results with total income rising 99.7% YoY to ₹320.56 Cr and PAT surging 314.4% YoY to ₹9.61 Cr. The performance was driven by a 110% YoY increase in sales volumes and significant margin expansion, with EBITDA growing 209.1% YoY to ₹18.12 Cr. Management highlighted high capacity utilisation and trial supplies to Europe/Africa as key developments. The new Haldia Colour-Coating line is on track to commence trial production by Feb-Mar'26, enhancing future growth prospects.