Manaksia Steels Ltd (MANAKSTEEL) — FY26 Annual Report | 27 August 2026

Manaksia Steels Ltd (MANAKSTEEL) filed its FY 2025-26 annual report on BSE (Reg. 34(1)) on 27 August 2026, detailing a transformative year marked by strategic shift to value-added coated steel, record financial performance, and robust governance. The company reported consolidated revenue of ₹1,053.19 Crore (80.3% YoY growth), EBITDA of ₹76.56 Crore (198% growth), and PAT of ₹38.17 Crore (226% growth), with EBITDA margin expanding to 7.27% and PAT margin to 3.62%. Key achievements include commissioning of a new Alu-Zinc coating line (110,200 TPA), expansion of colour-coating capacity to 150,000 TPA, and appointment of Mr. Varun Agrawal as Managing Director for 3 years. The Board re-appointed Mrs. Nidhi Baheti as Independent Director, confirmed no material related party transactions, and maintained a debt-light balance sheet with net worth of ₹338.95 Crore and cash reserves of ₹2.92 Crore. The report highlights India's steel industry growth (162.23 MT market size in 2025, projected to reach 273.88 MT by 2031) and the company's focus on backward integration, including a H100 Crore 6-Hi Reversible Cold Rolling Mill project targeting completion by December 2027. With 52% of employees tenured and revenue per employee at ₹391.52 Lakh, the company emphasizes ESG integration, including renewable energy adoption and water stewardship. The filing confirms no dividend recommendation for FY2025-26, no material subsidiaries, and compliance with all regulatory norms, positioning the company for sustained growth in India's infrastructure-driven steel demand.