MANAKALUCO
Manaksia Aluminium Company financials
- Market cap
- ₹246 Cr
- Sector
- Metals & Mining
What Manaksia Aluminium Company Limited does
Manaksia Aluminium Company Limited (MALCO) produces aluminium flat rolled products at one of the largest aluminium rolling mills in Haldia, West Bengal. It manufactures coils, plain and roofing/flooring sheets, pre-painted/colour-coated coils, foil stock and aluminium alloy ingots, with the Haldia plant also producing special alloy ingots for the auto industry. Products are sold to both the domestic market and export customers across Europe, USA, North America, the Middle East, Africa and Latin America, with a majority of turnover coming from exports. The company holds Three Star Export House status and runs an in-house R&D and QC lab to support product development.
Segments
- Aluminium sheets & coils
- Colour-coated / pre-painted coils and foil for building & construction
- Foil stock
- Aluminium alloy ingots
- Manufacturing plant
- Haldia, West Bengal (one of the largest aluminium rolling mills)
- Annual production capacity
- 30,000 tonnes/year
- Export countries
- 20+
- Export geographies
- USA, Middle East, Africa, Latin America, Europe, North America
- Quality certifications
- ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
- Export status
- Three Star Export House
Quarterly results
Q1 FY27: revenue up 3.9%, net profit up 82.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 140 | 137 | 134 | 131 −13% | 143 +2% | 156 +14% | 140 +4% |
| EBITDA | 11 | 12 | 11 | 11 | 11 −4% | 12 +3% | 13 +17% | 13 +19% |
| Net profit | 2 | 2 | 2 | 2 | 1 −34% | 2 +0% | 3 +62% | 3 +83% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +23.7% 1Y
1Y: ₹29.81 on 10 Sept 2025 → ₹36.87. High ₹64.88 (19 Jan 2026), low ₹21.74 (30 Mar 2026).
Financials, as filed
Revenue grew 15.2% a year over 2 years, FY24 to FY26. Operating margin held at 8.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹425 Cr | ₹509 Cr | ₹564 Cr |
| Operating profit | ₹35 Cr | ₹43 Cr | ₹47 Cr |
| Operating margin | 8.2% | 8.4% | 8.4% |
| Interest | ₹22 Cr | ₹28 Cr | ₹28 Cr |
| Depreciation | ₹8 Cr | ₹8 Cr | ₹10 Cr |
| Net profit | ₹5 Cr | ₹6 Cr | ₹8 Cr |
| Net margin | 1.2% | 1.2% | 1.3% |
| Cash from operations | ₹6 Cr | ₹1 Cr | ₹40 Cr |
| Free cash flow | ₹-10 Cr | ₹-31 Cr | ₹23 Cr |
| ROCE | 10.0% | 11.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Reserves | ₹102 Cr | ₹110 Cr | ₹119 Cr | ₹123 Cr | ₹131 Cr | ₹136 Cr |
| Borrowings | ₹110 Cr | ₹127 Cr | ₹144 Cr | ₹172 Cr | ₹267 Cr | ₹241 Cr |
| Other liabilities | ₹104 Cr | ₹129 Cr | ₹109 Cr | ₹116 Cr | ₹129 Cr | ₹168 Cr |
| Total liabilities | ₹322 Cr | ₹372 Cr | ₹379 Cr | ₹418 Cr | ₹534 Cr | ₹551 Cr |
| Fixed assets | ₹93 Cr | ₹99 Cr | ₹108 Cr | ₹111 Cr | ₹122 Cr | ₹130 Cr |
| Capital work in progress | ₹8 Cr | ₹6 Cr | ₹6 Cr | ₹10 Cr | ₹29 Cr | ₹24 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹1 Cr |
| Other assets | ₹221 Cr | ₹267 Cr | ₹265 Cr | ₹296 Cr | ₹381 Cr | ₹396 Cr |
| Total assets | ₹322 Cr | ₹372 Cr | ₹379 Cr | ₹418 Cr | ₹534 Cr | ₹551 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −2.28 pp while promoters added +2.01 pp. The shareholder count grew 9% to 31,222.
- Promoters
- 74.9%
- FIIs
- 0.3%
- Public
- 24.9%
Since Jun 2025
- Public −2.28 pp
- Promoters +2.01 pp
- FIIs +0.26 pp
How it drifted, 12 quarters
Over this window the public fell from 27.1% to 24.9% — −2.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 72.9%, Public 27.1%.Dec '23: Promoters 72.9%, Public 27.1%.Mar '24: Promoters 72.9%, FIIs 0.0%, Public 27.1%.Jun '24: Promoters 72.9%, FIIs 0.0%, Public 27.1%.Sep '24: Promoters 72.9%, Public 27.1%.Dec '24: Promoters 72.9%, Public 27.1%.Mar '25: Promoters 72.9%, Public 27.1%.Jun '25: Promoters 72.9%, Public 27.1%.Sep '25: Promoters 74.9%, Public 25.1%.Dec '25: Promoters 74.9%, Public 25.1%.Mar '26: Promoters 74.9%, FIIs 0.0%, Public 25.1%.Jun '26: Promoters 74.9%, FIIs 0.3%, Public 24.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Raghav Gupta newly disclosed 1.00% held
- Anita Bubna +0.21 pp 1.56% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Manaksia Aluminium Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sunil Kumar Agrawal | 37.15% | unchanged |
| Anirudha Agrawal | 37.12% | unchanged |
| Monet Securities Private Ltd | 3.37% | unchanged |
| Anita Bubna | 1.56% | +0.21 pp |
| Raghav Gupta | 1.00% | newly disclosed |
| Sunil Kumar Agrawal& Sons Huf | 0.60% | unchanged |
| Kanta Devi Agrawal | 0.00% | unchanged |
| Karan Agrawal | 0.00% | unchanged |
| Mp Agarwal And Sons Huf | 0.00% | unchanged |
| Sushil Kumar Agarwal & Sons Huf | 0.00% | unchanged |
| Tushar Agrawal | 0.00% | unchanged |
| Basudeo Agrawal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Manaksia Aluminium Company Limited
Guides on how to read this kind of business and the numbers that matter.