Manaksia Q1FY27: Steels profit +249%, revenue +51%

The key takeaway from the June quarter

Manaksia Steels reported a sharp improvement in profitability for Q1FY27, supported by strong year-on-year growth in revenue. The quarter covers the period ended June 30, 2026, and the company said its unaudited financial results were approved at a Board meeting. Alongside Manaksia Steels, other listed group entities such as Manaksia Aluminium Company and Manaksia Coated Metals & Industries also disclosed Q1FY27 performance during July and August 2026.

The updates matter for investors tracking earnings momentum across the group’s metals and coated products portfolio. The numbers also provide a read-through on demand conditions, product mix, and operating leverage in a quarter where revenue expansion translated into a much larger rise in profit.

Manaksia Steels: consolidated profit up 249% YoY

Manaksia Steels posted consolidated net profit of ₹226.5 crore in Q1FY27, up 249% year-on-year from ₹64.9 crore. Consolidated revenue from operations rose 50.6% YoY to ₹3,274.9 crore, compared with ₹2,174.9 crore in Q1FY26. The same results set also reported consolidated total income of ₹3,311.56 crore, up 50.5% YoY from ₹2,199.97 crore.

On operating performance, consolidated EBITDA was reported at ₹37.21 crore in Q1FY27 versus ₹13.26 crore a year ago, a rise of 180.6% YoY. The company described the quarter as showing robust growth across key financial parameters.

Manaksia Steels: standalone numbers and product mix

On a standalone basis, Manaksia Steels reported revenue from operations of ₹3,022.16 crore in Q1FY27, up 50.4% YoY from ₹2,009.78 crore. Standalone total income stood at ₹3,058.83 crore, up 50.3% YoY from ₹2,034.84 crore. Standalone EBITDA was ₹36.33 crore, rising 189.7% YoY versus ₹12.54 crore.

For profitability, the company’s standalone Profit After Tax (PAT) was stated as ₹22.38 crore in a summary of the quarter’s highlights. Separately, a standalone results table included in the provided data set reported net profit of ₹223.8 crore for Q1FY27 versus ₹63.5 crore for Q1FY26. Since both figures were present in the source text, readers should rely on the company’s filed statement and accompanying financials for the final reported number and unit presentation.

The company also disclosed that value-added coated steel product sales increased by approximately 40% during the quarter.

Board approval and filing context for Manaksia Steels

Manaksia Steels said it announced its unaudited financial results for Q1FY27 ended June 30, 2026. The disclosure was described as an outcome of a Board meeting and the release of unaudited financial results. The financial metrics were presented for both standalone and consolidated performance.

Manaksia Aluminium: profit rise supported by lower material costs

Manaksia Aluminium Company Limited reported net profit of ₹2.85 crore for the quarter ended June 30, 2026, rising 83% year-on-year from ₹1.56 crore in Q1FY26. The company attributed the improvement to lower material costs and stable revenue growth.

In the detailed line items shared, revenue from operations was 1,395.90 lakh (₹13.96 crore) in Q1FY27 compared with 1,344.14 lakh (₹13.44 crore) in Q1FY26, up 3.9%. Cost of materials consumed fell to 1,009.62 lakh (₹10.10 crore) from 1,133.64 lakh (₹11.34 crore), a decline of 10.9%. Profit before tax increased to 39.45 lakh (₹0.39 crore) from 20.47 lakh (₹0.20 crore), while net profit after tax was 28.51 lakh (₹0.29 crore) versus 15.58 lakh (₹0.16 crore).

The company said its Board approved the unaudited financial results on August 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Manaksia Coated Metals: QoQ jump in profit, order book disclosed

Manaksia Coated Metals & Industries Ltd reported consolidated revenue of about ₹263 crore in Q1FY27. The company said revenue was up 15% quarter-on-quarter and 3.6% year-on-year. Consolidated EBITDA was ₹29.08 crore, up 86% QoQ, and the EBITDA margin improved by 422 basis points to 11.06%.

Profit after tax was reported at ₹14.10 crore, up 163% QoQ, with EPS at ₹1.31, up 102% QoQ. Another disclosure stated consolidated net profit of ₹14.07 crore for Q1FY27, up 162% from ₹5.37 crore in the preceding quarter, supported by a 15% rise in revenue to ₹262.14 crore. The company also reported record EBITDA per ton of ₹10,400, a PAT margin expansion of 301 basis points to 5.36%, and finance costs down 11.8% year-on-year to ₹6.86 crore.

The company said its Board approved the unaudited standalone and consolidated results at a meeting held on July 14, 2026. It also disclosed an order book of ₹450 crore.

Snapshot table: key reported metrics (all amounts in ₹ crore)

Why these results matter for investors

Across the disclosures, the most direct signal was the scale of operating leverage at Manaksia Steels, where revenue growth of around 50% coincided with a much sharper rise in EBITDA and profit. The data set also points to the role of product mix, with Manaksia Steels separately flagging a rise in value-added coated steel product sales.

For Manaksia Aluminium, the quarter’s narrative focused on cost control, as the company reported a year-on-year decline in material costs alongside modest revenue growth. For Manaksia Coated Metals, the emphasis was on sequential improvement, including higher EBITDA, better margins, and a larger quarterly profit, along with an order book figure that provides near-term business visibility.

What to watch next

Investors will track subsequent quarters for confirmation of whether the margin and profit trajectory seen in Q1FY27 sustains across the year. In the near term, the focus is likely to stay on follow-through disclosures, including periodic operational updates, order book execution at Manaksia Coated Metals, and the next set of quarterly financial results from the group companies.