Manaksia Steels share price, P/E, ROE & financials

As of 6 Nov 2026, Manaksia Steels trades at 13.6× trailing earnings, below the industry P/E of 19.9×. Sales and net profit grew 15% and 49% a year over 3 years, with ROCE of 20% and ROE of 13%. Debt is 0.46× equity. It is a small-cap company with a market cap of ₹762 Cr, ranked 65th of 150 Steel companies by market cap; the shares rose 114% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹120.67
Day high: ₹121.35
Day low: ₹115.80
Prev. close: ₹121.89
Volume: 26K

Health check

5 good · 1 fair

ReturnsAhead
+114.0% over a year, better than 7 of 7 peers.
Price tagCheaper
P/E 13.6 vs industry 19.9.
GrowthStrong
Sales +15.1%, profit +48.5% a year over 3 years.
ProfitabilityStrong
ROCE 20.3% vs peer median 18.7%.
Balance sheetFair
Debt 0.46× equity, interest covered 4.7×, Piotroski 9 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹762 Cr, #65 of 150 in its industry by size.

Defensive

Beta 0.56 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,241 Cr · profit ₹56 Cr

Market cap: ₹762 Cr; Small cap
P/E: 13.6; Industry 19.9
Price to book: 2.34; Peers 2.28
Dividend yield: 0.00%
ROE: 13.0%; Peers 23.4%
ROCE: 20.3%; Peers 18.7%
Debt to equity: 0.46; Debt ₹151 Cr
EPS (TTM): ₹8.57; Face value ₹1
OPM (TTM): 8.0%; Net margin 4.5%
Sales growth: +50.6%; Latest quarter vs a year ago
Profit growth: +249.2%; Latest quarter vs a year ago
Price to sales: 0.61; EV/EBITDA 8.4

Strengths

Return on capital employed of 20.3%.
Quarterly profit up 249.2% on a year ago.
Quarterly sales up 50.6% on a year ago.
P/E of 13.6 against an industry P/E of 19.9.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Manaksia Steels

Manaksia Steels Limited manufactures and sells secondary steel products in India and internationally. The company offers cold rolled sheets used for interior and exterior panels of automobiles, buses, and commercial vehicles; galvanized corrugated sheets applied in rural housing and factory buildings; galvanized plain sheets used in manufacturing rural housing, factory buildings, containers and water tanks; and pre-painted galvanized coils and sheets for…

Headquarters: Kolkata
Employees: 269
Sector: Basic Materials
ISIN: INE824Q01011
Website: manaksiasteels.com

Price range

52 weeks

₹45.11₹126.00

Today

₹115.80₹121.35

Avg volume (3M): 99.9K
1-year return: plus 114.0%
From 52-week high: minus 7.7%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
MANAKSTEELManaksia Steels	116.24	minus 4.64%	762	13.6	10.4	20.3%	8.0%	0.46	15.1%	plus 114.0%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
217	263	318	333	327
207	250	302	295	294
10.8	12.4	15.4	38	33.5
4.9%	4.7%	4.8%	11.4%	10.2%
2.5	1	2.7	−1.8	3.7
2.8	3.9	2.5	6.7	3.6
1.9	3	3	3	3.2
8.6	6.5	12.6	26.4	30.5
24.7%	30.7%	24.0%	26.8%	25.7%
6.5	4.5	9.6	19.3	22.6
0.99	0.69	1.47	2.95	3.46

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +15.1%
Profit CAGR 3Y: +48.5%
EPS CAGR 3Y: +48.5%
ROE: 13.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
742	681	634	1,131
–	minus 8.3%	minus 6.9%	+78.4%
715	642	616	1,050
26.8	39.1	18.1	81.1
3.6%	5.7%	2.9%	7.2%
−1.1	0.3	−2.7	−4.2
2.8	7.2	7.4	14.6
10.3	7	6.1	10.8
4.4	12.5	10.1	2.6
17.1	37.8	12	54.2
28.8%	25.0%	18.8%	26.3%
12.2	28.4	9.7	39.9
–	+132.9%	minus 65.6%	+309.4%
1.86	4.33	1.49	6.09

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.6	6.6	6.6	6.6
284	294	283	319
48.9	186	206	151
80.8	33.3	41.6	115
420	520	537	593
79	90.6	155	184
6.9	32	92.5	32.7
43.1	39.5	23.7	17.2
115	175	115	73.2
176	183	150	285
420	520	537	593

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
24.2	−52.2	13.5	61.6
−64.7	−84.4	−21	3.2
35.4	130	9.2	−70.4
−5.1	−6.9	1.7	−5.7
−8.2	−38.7	−70.9	−37.4
15.9	−90.9	−57.4	24.2

Shareholding pattern

Source: NSE filings

74.8%

promoters

Promoters74.75%
Public25.25%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.75%	25.25%	0.00
30 Jun 2026	74.75%	25.25%	0.00
31 Mar 2026	74.75%	25.25%	0.00
31 Dec 2025	74.75%	25.25%	0.00
30 Sep 2025	74.75%	25.25%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you