Manaksia Steels Share Price

Manaksia Limited, with its corporate operations in Kolkata, functions as a multi-division and multi-location conglomerate and holding company in India . The company was incorporated in 1984 and is part of the Manaksia Group. Manaksia operates through three business segments: Metal Products, Packaging Products, and Others, manufacturing value-added secondary steel products, aluminum and steel galvanized sheets and coils, polypropylene caps, crown closures, metal containers, kraft paper, and trading spare parts of paper machines. The company serves domestic and international markets with 15 manufacturing plants in India and three abroad, two in Nigeria and one in Ghana .

Manaksia share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the metal and packaging sector. The company’s financial health depends on production volumes of value-added steel and aluminum products, raw material costs including steel coils and aluminum, capacity utilization rates, export demand, and the performance of its Nigerian and Ghana subsidiaries. Manaksia stock price is influenced by various factors such as earnings, regulatory changes in the metal industry, global commodity price trends, and rupee-dollar exchange rate fluctuations. In the longer run, strategies such as capacity modernization, expansion into new geographies, and product portfolio diversification affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.

Manaksia live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Manaksia live price helps in observing short term price volatility and shows how a stock moves relative to the broader metal index. Furthermore, monitoring Manaksia stock price movements helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.

Manaksia Limited Company Fundamentals

A. Company Background

Manaksia Limited was originally incorporated as Hindusthan Seals Limited on December 27, 1984, and was subsequently renamed ManaksiaLimited . The company is a holding company engaged in the manufacturing of steel, aluminum coil/sheet, paper packaging, and metal products. Its manufacturing operations are based in India, with facilities located in West Bengal, and overseas in Nigeria and Ghana. Over time, the company has diversified into the production of aluminum rolled products, secondary specification aluminum alloys, and galvanised steel. Financial performance is assessed through standard metrics such as revenue growth, operating margins, and capacity utilisation. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the metal manufacturing sector. The company is led by Managing Director Suresh Kumar Agrawal . Overall fundamentals are influenced by raw material availability, demand cycles in packaging and construction, and input cost fluctuations.

B. Company Product Lines

• Metal Products: Aluminum and steel galvanized sheets and coils, cold rolled steel sheets and coils, hot dipped galvanized steel sheets and coils, color coated steel sheets and coils used in automobiles, home electronic appliances, and pre-painted steel products

• Packaging Products: Polypropylene (PP) caps for bottles, crowns (crown closures) for bottles, roll-on pilfer-proof (ROPP) closures, metal containers, push-open containers, expanded polyethylene (EP) liners, washers, EP sheets, and kraft paper

• Others segment: Trading of spare parts of machines, including paper machines and consumables

• Fast Moving Consumer Goods: Outsourced manufacturing of mosquito repellents for brands including Mortein (owned by Reckitt Benckiser India) and Maxo (owned by Jyothy Laboratories)

C. Company Revenue Model

• Domestic sales of metal products including galvanised sheets, coils, and value-added steel products to distributors, construction companies, and industrial buyers across India

• Export sales of packaging products (crowns, ROPP caps, metal containers) to international markets, with wholly-owned subsidiary MINL Limited in Nigeria being the market leader in ROPP caps and crown corks in Nigeria

• Domestic sales of kraft paper and packaging materials to paper and packaging industry customers

• Institutional and bulk contracts with FMCG companies for outsourced manufacturing of mosquito repellents

• Revenue from subsidiaries: MINL Ltd (Nigeria), Manaksia Overseas Ltd, and Manaksia Ferro Industries Ltd

• Revenue performance is primarily influenced by demand for metal and packaging products, raw material costs (especially steel and aluminum), and selling price realizations in domestic and export markets

D. Geographic Presence

• Corporate headquarters located in Kolkata, West Bengal, India

• 15 manufacturing plants in India across multiple locations, primarily in West Bengal

• Three manufacturing plants abroad: two in Nigeria and one in Ghana

• Wholly-owned subsidiary MINL Limited in Nigeria set up in 1996, operating as market leader in ROPP caps and crown corks in Nigeria

• Export markets served through subsidiaries and direct distribution channels across international customers

• Domestic distribution network across India through industrial supply channels and trade partners

E. Key Milestones

• 1984: Incorporation as Hindusthan Seals Limited on December 27, 1984

• 1986: Shares listed on the Calcutta Stock Exchange on August 20, 1986

• 1996: Wholly-owned subsidiary MINL Limited set up in Nigeria

• Facility set up for manufacture of galvanised steel, metal colour coated sheets, and galvanised corrugated sheets

• Diversification into production of aluminum rolled products, secondary specification aluminum alloys, and galvanised steel

• Name change from Hindusthan Seals Limited to Manaksia Limited

• Preferential issue of fully convertible warrants to raise funds

F. Industry Perspective

The metal manufacturing and packaging industry is capital-intensive and closely linked to demand from construction, automobiles, FMCG, and industrial sectors. Demand trends are influenced by economic activity, infrastructure spending, consumer goods consumption, and growth in packaging usage driven by retail and e-commerce. The industry is also affected by fluctuations in raw material prices such as steel, aluminum, and petrochemical-based inputs, along with energy and logistics costs. Environmental regulations and sustainability requirements are increasingly shaping production practices and capital investment decisions. Companies in the sector must manage cyclical demand patterns and cost volatility while maintaining operational efficiency. These factors collectively influence financial performance and investor perception of firms like Manaksia.

Manaksia Limited Stock Market Presence: Listings & Index Representation

Manaksia Limited is listed on the National Stock Exchange (NSE) under the symbol MANAKSIA and on the Bombay Stock Exchange (BSE) with the scrip code 532932. Manaksia share price is actively traded on both exchanges. The company’s market presence is within the small-cap segment of the market . Due to its size and sector focus, Manaksia stock price is generally tracked by investors interested in the metal and packaging industry .

Manaksia Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap industrial company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the BSE SmallCap and BSE Commodities indices .Manaksiashare price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other metal and packaging companies.

Manaksia Limited Stock Performance and Share Price History

Manaksia share price on NSE reflects its status as a metal and packaging products manufacturer in India. Performance is driven by production capacity utilization, raw material cost management, export sales growth, and the company’s ability to manage operational expenses. Investors compare Manaksia share price today with other metal manufacturers and packaging companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting Manaksia share price. In addition to operational and sector-led factors, corporate actions such as the preferential issue of fully convertible warrants to raise Rs 134.55 crore can also have a significant impact on Manaksia share price movements as these initiatives drive future growth and equity dilution considerations. This shows how strategic capital-raising actions can trigger short-term swings, even within a regulated metal framework influenced by commodity price cycles and global demand trends.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Manaksiashare price52-week high and low, providing context beyond daily or weekly changes. Based on available data, the stock’s 52-week high stood at approximately 85.60, while the 52-week low stood at approximately 42.10. Highs suggest stronger metal demand and stable margins, while lows align with market corrections or sector volatility. These levels capture impacts of trade policies, global commodity trends, and earnings visibility, providing context for the stock’s historical performance.

Manaksia’s stock performance reflects the trading behaviour of a small-cap industrial company operating within India’s manufacturing ecosystem. The company’s diversified portfolio across metal products, packaging, and FMCG contract manufacturing has shaped its Manaksia share price history. Over the past five years, the stock has shown periods of sharp gains and phases of consolidation. The stock delivered a positive annual return of approximately 76.9 percent in 2023, 33.8 percent in 2021, and 71.5 percent in 2020, while recording negative returns of approximately 31.2 percent in 2025, 37.1 percent in 2024, and 4.9 percent in 2022. The stock underperformed the BSE Metal index over the one-year, three-year, and five-year periods, with a one-year return of approximately negative 15 percent compared to the BSE Metal index return of approximately 27.4 percent. From recent periods onwards, the Manaksia share price has shown a year-to-date negative return of approximately 21.9 percent.

Manaksia’s stock performance over time has closely followed India’s metal demand and global commodity price cycles. The Manaksia share price showed positive momentum in 2020 and 2021, reflecting the post-pandemic recovery in the metal sector and increased demand for packaging boards, followed by a strong rally of 76.9 percent in 2023. However, periods of high raw material costs and competitive pressures have contributed to consolidation in Manaksia stock price. The company’s consolidated total revenue for FY 2024-25 stood at approximately 78,536.89 lakh rupees, while profit after tax stood at approximately 5,597.68 lakh rupees on a consolidated basis. The company’s standalone profit after tax declined from 1,833.85 lakh rupees in FY 2023-24 to 604.67 lakh rupees in FY 2024-25, a decline of approximately 67 percent. These returns highlight the cyclical nature of the metal industry.

Despite COVID-19 disruptions, Manaksia shares showed resilience during the pandemic recovery phase, with the stock delivering returns of 71.5 percent in 2020 and 33.8 percent in 2021 as the company benefited from the broad-based economic recovery. The company has 15 manufacturing plants in India and three abroad, with a wholly owned subsidiary in Nigeria that is the market leader in ROPP caps and crown corks, providing stable international revenue. The company’s management is led by Managing Director Suresh Kumar Agrawal. The company’s Beta of approximately 0.72 to 0.89 indicates that the stock generally shows lower volatility compared to the broader market.

Manaksia share price has seen decreases due to several recurring reasons. A decline in export demand or a drop in metal realizations directly impacts profitability and leads to selling pressure. Changes in government policy, such as changes in steel import duties or modifications to export incentive schemes, can also cause the stock to fall. Furthermore, any increase in operational costs like steel and aluminum procurement or energy expenses without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of global economic slowdown that affect industrial activity raise concerns about metal demand, leading to a drop in Manaksiashare price. The stock is also sensitive to raw material price movements; if steel or aluminum prices rise significantly affecting input costs, it can lead to a decrease in Manaksiastock price as investors adjust expectations for future margin growth. Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. A decrease in capacity utilization or lower sales in any product category directly hurts the company’s revenue, resulting in a lower valuation for Manaksiashare price. The standalone profit for the latest financial yearapproximately halved compared to the previous year, which has weighed on investor sentiment .

Manaksia Limited Investor Relevance and Role in Portfolio

Manaksia Limited is a holding in small-cap and industrial portfolios, offering exposure to metal product manufacturing, packaging products, and FMCG contract manufacturing. Inclusion in metal and packaging indices underscores its importance in India’s value-added steel and packaging space. The company’s diversified product portfolio across metal sheets and coils, crowns, closures, metal containers, and kraft paper, along with its international presence through subsidiaries in Nigeria and Ghana, make it a consideration for long-term allocations .

Manaksiashare priceis influenced by the company’s ownership structure. Manaksiaequity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s industrial sector. Promoters hold a stable majority stake of approximately 74.93 percent in the company, reflecting strong internal control, primarily held by Sunil Kumar Agrawal (37.15 percent), Anirudha Agrawal (37.12 percent), and Sunil Kumar Agrawal & Sons HUF . Foreign institutional investors hold approximately 0.95 percent of the company’s shares, with FII holdings showing a slight decrease from 1.10 percent in previous quarters . Domestic institutional investors hold approximately 0 percent of the company’s shares . Mutual funds hold no significant stake in the company . The public holds the remaining stake of approximately 24.11 percent in the company . The company’s management includes Managing Director Suresh Kumar Agrawal, with Vineet Agrawal, Nidhi Baheti, Varun Agrawal, Ramesh Kumar Maheshwari, and Biswanath Bhattacharjee serving on the board . This investor base with stable promoter participation underscores the company’s role as a holding in both domestic and focused portfolios concentrating on industrial manufacturing.

Beyond fundamentals and ownership, Manaksiastock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on production levels, export orders, and regulatory policy actions. The stock is available for trading on both the NSE and BSE, allowing investors to take positions based on their outlook for the metal and packaging sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements.

Technical indicators provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short-term and weekly timeframe, the stock has exhibited price movements that correlate with broader metal sector trends. Based on available data, the stock’s return on equity stands at approximately 0.82 to 7.95 percent, while return on capital employed stands at approximately 5.58 to 12.01 percent . The company’s debt-to-equity ratio stands at approximately 0.06 to 0.08, indicating minimal financial leverage . The company’s book value per share stands at approximately 29.05 to 96.59 rupees .

Overall, Manaksia demonstrates a relatively stable financial profile with low debt and high promoter holding, with the stock generally considered to have below-average systematic risk compared to the broader market, making it a relatively stable holding within the industrial manufacturing sector.

Manaksia Limited Sectoral Relevance and Peer Positioning

Manaksia Limited sector relevance stems from its over four decades of manufacturing experience, its portfolio of metal products including cold rolled steel sheets and coils, hot dipped galvanized steel sheets, color coated steel sheets, aluminum coils and sheets, value-added secondary steel products, packaging products including polypropylene caps, crown closures, ROPP closures, metal containers, expanded polyethylene liners, kraft paper, and its outsourced FMCG manufacturing for mosquito repellents, along with its international manufacturing presence in Nigeria and Ghana through subsidiaries, establishing it as a focused small-cap industrial provider supporting India’s construction, automotive, and FMCG sectors . Peer comparisons with companies like AMD Industries, Antarctica Ltd, Anuroop Packaging Ltd, B&A Packaging India Ltd, B&B Triplewall Containers Ltd, and other metal and packaging companies focus on production capacity, product mix, export presence, and value-added product diversification rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of steel prices, packaging demand trends, and government trade policies further highlights Manaksiapositioning within India’s broader metal and packaging market.

ManaksiaP/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from metal sheets, coils, packaging products, and FMCG contract manufacturing. Based on available data, the current P/E ratio stands at approximately 5.9 to 8.3 times, which is at a significant discount to the industry P/E of approximately 20.55 to 25 times . The company’s consolidated profit after tax for FY 2024-25 stood at approximately 5,597.68 lakh rupees, while standalone profit after tax stood at approximately 604.67 lakh rupees . Quarterly performance has shown improvement, with net profit in the December 2025 quarter at approximately 14.54 crore rupees compared to 13.23 crore rupees in the December 2024 quarter, representing an increase . The company’s total revenue for FY 2024-25 stood at approximately 78,536.89 lakh rupees on a consolidatedbasis . Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry.

Alongside valuation, ManaksiaEPS provides insight into its operational performance and income generation from metal products, packaging products, and outsourced FMCG manufacturing. Based on available data, the company reported a TTM EPS of approximately 1.0 to 2.92 rupees . The company’s EPS for the December 2025 quarter stood at approximately 2.22 rupees, compared to 2.16 rupees in the same quarter of the previous year . The company has a face value of 2 rupees per share . The company’s EPS has shown a 5-year growth rate of approximately 0.6549, which is in line with the industry average relative to its peers . More recent quarterly performance suggests that EPS has remainedrelatively stable with slight fluctuations.

Manaksiamarket cap highlights its position as a small-cap player within India’s metal and packaging sector. Based on recent data, the company’s market capitalization has shown variation, standing at approximately 308 to 428 crore rupees depending on the reporting period . The company’s market cap has fluctuated in line with investor perceptions of the company’s growth potential following the significant correction from its highs. From earlier years through more recent periods, the market cap showed an increasing trend as the company expanded its operations, followed by a significant correction from the peak of 85.60 rupees per share. This pattern reflects strong investor confidence during favorable metal cycles followed by contraction during challenging periods impacted by rising raw material costs and global economic uncertainty. This decrease mirrors the correction in the Manaksiashare pricefrom its 52-week high of approximately 85.60 to recent levels around 47 to 57 rupees per share .

Finally, Manaksiaearnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed moderate growth supported by the core metal and packaging businesses. Based on available data, the company’s standalone revenue increased from approximately 17,298.97 lakh rupees in FY 2023-24 to approximately 17,546.06 lakh rupees in FY 2024-25, representing growth of approximately 1.43 percent . Consolidated revenue increased from approximately 76,464.49 lakh rupees to approximately 78,536.89 lakh rupees over the same period, representing growth of approximately 2.71 percent . However, profit after tax declined significantly on a standalone basis from approximately 1,833.85 lakh rupees to approximately 604.67 lakh rupees, a decline of approximately 67 percent . Consolidated profit after tax also declined from approximately 7,555.07 lakh rupees to approximately 5,597.68 lakh rupees, a decline of approximately 26 percent . Quarterly performance has shown sequential improvement, with net profit in the December 2025 quarter at approximately 14.54 crore rupees, up from 10.49 crore rupees in the September 2025 quarter. The company has faced headwinds from fluctuating raw material prices, increased competitive pressures, and margin compression. However, the company continues to maintain low debt levels and a diversified geographic footprint with operations in India, Nigeria, and Ghana. These developments illustrate the cyclical nature of the metal and packaging industry and the company’s position within this sector.

Summary

Manaksia Limited operates as a diversified industrial company manufacturing metal products, packaging solutions, and FMCG goods for domestic and international markets. Manaksia share price moves largely with steel and aluminum price cycles, packaging demand trends, and broader metal sector conditions. Manaksiastock price reflects its specific position within the small-cap industrial manufacturing space. The company’s performance aligns with the operational results of its diversified product portfolio and manufacturing capabilities.