Manaksia's profit slips 9% even as revenue edges higher
The company's full-year audited results show profit declining to ₹52.92 crore, even as revenue grew 7%. The board also reappointed its MD for another three years.
— 2 earlier stories on Manaksia Ltd. →What's new
- Manaksia's full-year consolidated revenue grew 7% to ₹784.09 crore.
- Net profit contracted 9% to ₹52.92 crore from ₹58.12 crore.
- The board re-appointed Suresh Kumar Agrawal as MD for a three-year term from November 2026.
Why this matters
The results show a classic margin squeeze: top-line growth did not translate to bottom-line growth, with profit declining even as revenue rose. The filing confirms the final audited numbers for the market, but the profit contraction is the more notable outcome.
What we're watching
- Any commentary on the drivers behind the profit margin compression.
- The company's strategy to improve profitability on the higher revenue base.
- Market reaction to the final, audited versus previously guided numbers.
The full read
Manaksia's audited FY26 results deliver a clear signal: profit shrank. The nano-cap company posted consolidated revenue of ₹784.09 crore, a 7% increase, but net profit fell 9% to ₹52.92 crore from ₹58.12 crore. The top-line growth masked a profitability squeeze. In parallel, the board moved to lock in leadership, re-appointing MD Suresh Kumar Agrawal for a fresh three-year term starting in November. The final, audited numbers remove any last-quarter uncertainty, but the core story is the disconnect between rising sales and falling earnings.
Questions answered
- How did Manaksia's profit and revenue move in FY26?
- Consolidated annual revenue grew about 7% to ₹784.09 crore, but net profit fell 9% to ₹52.92 crore from ₹58.12 crore in the prior year.
- What happened to the company's management?
- The board re-appointed Suresh Kumar Agrawal as Managing Director for another three-year term, effective from November 2026.
- Are these numbers preliminary or final?
- These are the final audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026.
- What is the company's current market size?
- Manaksia has a market capitalization of ₹421 crore.
Story so far
All notes on MANAKSIA →- 29 May 2026 · 7:58 PM IST Manaksia's profit slips 9% even as revenue edges higher
- 1d ago Manaksia's profit slips on margin pressure even as revenue grows 7%
- 1d ago Manaksia's profit slips even as revenue climbs in FY26