Manaksia's profit slips even as revenue climbs in FY26
Consolidated net profit fell to ₹52.92 crore as margin pressure offset the revenue gain to ₹784.09 crore.
— 2 earlier stories on Manaksia Ltd. →What's new
- FY26 consolidated revenue grew to ₹784.09 crore from ₹731.05 crore in FY25.
- Net profit declined to ₹52.92 crore from ₹58.12 crore the prior year.
- The board re-appointed MD Suresh Kumar Agrawal for another three years from November 2026.
Why this matters
Revenue is growing. Profit isn't. That divergence for a nano-cap suggests costs are rising as fast as sales, a problem scale can eventually fix but time hasn't yet. The MD re-appointment removes a near-term governance variable.
What we're watching
- Quarterly profit trends within FY26 to see if the compression was isolated.
- Management's explanation for the margin pressure in the earnings call.
- Any cost-control initiatives announced with these results.
The full read
Manaksia's FY26 results show a company growing its top line. Revenue climbed to ₹784.09 crore from ₹731.05 crore. Profit fell. It dropped to ₹52.92 crore from ₹58.12 crore. Margin pressure ate the sales gain. The board also moved on leadership, re-appointing MD Suresh Kumar Agrawal for another three years. The filing itself is routine. For a nano-cap, the margin pressure is the detail that matters. Not a crisis. A question.
Questions answered
- How did Manaksia's FY26 profit change versus FY25?
- Net profit declined to ₹52.92 crore from ₹58.12 crore, a drop even as revenue rose.
- What was the revenue growth?
- Consolidated revenue increased to ₹784.09 crore from ₹731.05 crore, a year-on-year gain.
- Did the board make any leadership changes?
- No changes. The board re-appointed the existing Managing Director, Suresh Kumar Agrawal, for a fresh three-year term commencing in November 2026.
- Is the profit decline part of a longer trend?
- The filing only provides a single year of comparison, FY25 versus FY26. It shows a one-year dip, not a multi-year trend.
Story so far
All notes on MANAKSIA →- 29 May 2026 · 7:18 PM IST Manaksia's profit slips even as revenue climbs in FY26
- 1d ago Manaksia's profit slips 9% even as revenue edges higher
- 1d ago Manaksia's profit slips on margin pressure even as revenue grows 7%