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Manaksia Steels LimitedNSEI:MANAKSTEEL Stock Report

Market Cap ₹4.8b
Share Price
n/a
1Y13.5%
7D-9.1%
1D-2.4%
Portfolio Value
​
View

Manaksia Steels Limited

NSEI:MANAKSTEEL Stock Report

Market Cap: ₹4.8b

Manaksia Steels (MANAKSTEEL) Stock Overview

Manufactures and sells secondary steel products in India and internationally. More details

MANAKSTEEL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Price-To-Earnings ratio (11.7x) is below the Indian market (23.6x)

Earnings grew by 309.4% over the past year

Risk Analysis

Earnings have declined by 9.2% per year over past 5 years

Does not have a meaningful market cap (₹5B)


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Manaksia Steels Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manaksia Steels
Historical stock prices
Current Share Price₹71.07
52 Week High₹87.13
52 Week Low₹45.11
Beta0.32
1 Month Change-1.84%
3 Month Change-6.03%
1 Year Change13.46%
3 Year Change60.97%
5 Year Change105.70%
Change since IPO276.03%

Recent News & Updates

Analysis Article • May 26

If EPS Growth Is Important To You, Manaksia Steels (NSE:MANAKSTEEL) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Recent updates

Analysis Article • May 26

If EPS Growth Is Important To You, Manaksia Steels (NSE:MANAKSTEEL) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Dec 20

Here's What To Make Of Manaksia Steels' (NSE:MANAKSTEEL) Decelerating Rates Of Return

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article • Nov 21

Manaksia Steels' (NSE:MANAKSTEEL) Solid Earnings May Rest On Weak Foundations

The market for Manaksia Steels Limited's ( NSE:MANAKSTEEL ) stock was strong after it released a healthy earnings...
Analysis Article • Apr 24

Earnings Not Telling The Story For Manaksia Steels Limited (NSE:MANAKSTEEL) After Shares Rise 35%

Manaksia Steels Limited ( NSE:MANAKSTEEL ) shares have had a really impressive month, gaining 35% after a shaky period...
Analysis Article • Mar 04

Manaksia Steels (NSE:MANAKSTEEL) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jan 21

Risks To Shareholder Returns Are Elevated At These Prices For Manaksia Steels Limited (NSE:MANAKSTEEL)

It's not a stretch to say that Manaksia Steels Limited's ( NSE:MANAKSTEEL ) price-to-earnings (or "P/E") ratio of 33.5x...
Analysis Article • Oct 15

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Sep 18

Manaksia Steels Limited's (NSE:MANAKSTEEL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

The Manaksia Steels Limited ( NSE:MANAKSTEEL ) share price has done very well over the last month, posting an excellent...
Analysis Article • Aug 07

Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jul 03

Returns At Manaksia Steels (NSE:MANAKSTEEL) Appear To Be Weighed Down

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Jun 07

Manaksia Steels' (NSE:MANAKSTEEL) Shareholders May Want To Dig Deeper Than Statutory Profit

Manaksia Steels Limited's ( NSE:MANAKSTEEL ) healthy profit numbers didn't contain any surprises for investors. We...
Analysis Article • Apr 04

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article • Mar 07

Lacklustre Performance Is Driving Manaksia Steels Limited's (NSE:MANAKSTEEL) 29% Price Drop

The Manaksia Steels Limited ( NSE:MANAKSTEEL ) share price has softened a substantial 29% over the previous 30 days...
Analysis Article • Jan 19

Manaksia Steels Limited (NSE:MANAKSTEEL) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Manaksia Steels Limited ( NSE:MANAKSTEEL ) shareholders have had their patience rewarded with a 29% share price jump in...
Analysis Article • Dec 28

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Stalled

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article • Aug 09

Is Manaksia Steels (NSE:MANAKSTEEL) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jun 28

The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article • Feb 08

The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Jan 12

Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 22

Manaksia Steels' (NSE:MANAKSTEEL) Sluggish Earnings Might Be Just The Beginning Of Its Problems

A lackluster earnings announcement from Manaksia Steels Limited ( NSE:MANAKSTEEL ) last week didn't sink the stock...
Analysis Article • Sep 21

We Think Some Shareholders May Hesitate To Increase Manaksia Steels Limited's (NSE:MANAKSTEEL) CEO Compensation

Under the guidance of CEO Vineet Agrawal, Manaksia Steels Limited ( NSE:MANAKSTEEL ) has performed reasonably well...
Analysis Article • Jun 28

We Like These Underlying Return On Capital Trends At Manaksia Steels (NSE:MANAKSTEEL)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jun 02

Should You Be Adding Manaksia Steels (NSE:MANAKSTEEL) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article • Mar 15

Manaksia Steels (NSE:MANAKSTEEL) Shareholders Will Want The ROCE Trajectory To Continue

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article • Feb 23

Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Nov 24

Investors Will Want Manaksia Steels' (NSE:MANAKSTEEL) Growth In ROCE To Persist

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Oct 25

If You Like EPS Growth Then Check Out Manaksia Steels (NSE:MANAKSTEEL) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Aug 10

Manaksia Steels (NSE:MANAKSTEEL) Could Easily Take On More Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Jul 13

Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Mar 24

Is Manaksia Steels (NSE:MANAKSTEEL) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Feb 17

Here's Why We Think Manaksia Steels (NSE:MANAKSTEEL) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Jan 22

How Much Is Manaksia Steels Limited (NSE:MANAKSTEEL) CEO Getting Paid?

Vineet Agrawal became the CEO of Manaksia Steels Limited ( NSE:MANAKSTEEL ) in 2016, and we think it's a good time to...

Shareholder Returns

MANAKSTEELIN Metals and MiningIN Market
7D-9.1%-0.1%-0.4%
1Y13.5%13.1%-1.2%

Return vs Industry: MANAKSTEEL matched the Indian Metals and Mining industry which returned 13.1% over the past year.

Return vs Market: MANAKSTEEL exceeded the Indian Market which returned -1.2% over the past year.

Price Volatility

Is MANAKSTEEL's price volatile compared to industry and market?
MANAKSTEEL volatility
MANAKSTEEL Average Weekly Movement5.9%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market3.8%

Stable Share Price: MANAKSTEEL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: MANAKSTEEL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001236Vineet Agrawalwww.manaksiasteels.com

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 containers and water tanks; and pre-painted galvanized coils and sheets for construction and architectural work, such as roofing, cladding, and paneling. In addition, the company offers hot dipped galvanized steel sheets and coils used in building materials, automobiles, white good industry, and electronics appliances, as well as offers color coated sheets and coils.

Manaksia Steels Limited Fundamentals Summary

How do Manaksia Steels's earnings and revenue compare to its market cap?
MANAKSTEEL fundamental statistics
Market cap₹4.77b
Earnings (TTM)₹399.18m
Revenue (TTM)₹11.31b
11.7x
P/E Ratio
0.4x
P/S Ratio

Is MANAKSTEEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MANAKSTEEL income statement (TTM)
Revenue₹11.31b
Cost of Revenue₹8.99b
Gross Profit₹2.32b
Other Expenses₹1.92b
Earnings₹399.18m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)6.09
Gross Margin20.53%
Net Profit Margin3.53%
Debt/Equity Ratio45.8%

How did MANAKSTEEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 14:56
End of Day Share Price 2026/07/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Manaksia Steels Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research