Manaksia Steels' Q2 FY 2025-26 Quarterly Results

Result Summary

• Manaksia Steels Ltd reported a 19.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 134.8%.
• Its expenses for the quarter were up by 21.6% QoQ and 132.9% YoY.
• The net profit decreased 30.7% QoQ and increased 312.8% YoY.
• The earnings per share (EPS) of Manaksia Steels Ltd stood at 0.69 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Manaksia Steels Ltd is a prominent player in the steel industry, primarily focused on the manufacturing and sale of various steel products. The company is known for its production capabilities in galvanized steel sheets and coils, cold rolled steel coils, and other value-added steel products. Manaksia Steels Ltd operates within the broader metals and mining sector, which is critical to the construction and manufacturing industries. As of the available data, there are no specific recent developments or major changes in the company's operations or market strategy. The company continues to leverage its established position to cater to both domestic and international markets, maintaining a steady presence in the steel industry.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Manaksia Steels Ltd reported a total income of ₹263.63 crores. This represents a substantial increase of 19.8% compared to the previous quarter (Q1FY26), where total income was ₹220.00 crores. Year-over-year (YoY), the company experienced a remarkable growth of 134.8% from the same quarter in the previous year (Q2FY25), when total income was ₹112.29 crores. This significant increase in revenue indicates strong sales performance over the past year, contributing to the company's financial growth.

Profitability

The company reported a profit before tax of ₹6.50 crores in Q2FY26, which is a decrease of 24.6% quarter-over-quarter (QoQ) from ₹8.62 crores in Q1FY26. However, year-over-year (YoY), there is a substantial increase of 284.6% from ₹1.69 crores in Q2FY25. The profit after tax for Q2FY26 was ₹4.50 crores, showing a decrease of 30.7% QoQ from ₹6.49 crores in Q1FY26, but a significant increase of 312.8% YoY from ₹1.09 crores in Q2FY25. The earnings per share (EPS) for the current quarter stands at ₹0.69, down from ₹0.99 in the previous quarter, but up from ₹0.17 in the same quarter last year, reflecting a YoY increase of 305.9%.

Operating Metrics

The total expenses for Manaksia Steels Ltd in Q2FY26 were ₹257.13 crores, which is a 21.6% increase QoQ from ₹211.38 crores in Q1FY26. Compared to the same quarter in the previous year, total expenses increased by 132.9% from ₹110.39 crores in Q2FY25. The tax expense for the current quarter is ₹1.99 crores, a slight decrease of 6.6% QoQ from ₹2.13 crores in Q1FY26, but a noticeable increase of 231.7% YoY from ₹0.60 crores in Q2FY25. These metrics suggest that while operating costs have increased, the company has managed to achieve substantial growth in its overall financial performance over the past year.