What we do Manaksia Ltd, established in 1984, trades metals and manufactures metal packaging, aluminium, steel, and roofing products with significant operations in India and Africa. |
Founded in 1,984 |
Market share Market leader in metal roofing sheets and closures in Nigeria with a strong presence in India and Ghana. |
Problem solved Provides durable and innovative metal packaging and construction materials addressing quality, supply, and market needs in emerging regions. |
Top clients or who we serve Serves construction, packaging, and industrial sectors; clients span B2B markets primarily in India, Nigeria, Ghana, and the Middle East. |
Key management - |
Our journey and innovations Pioneer of color-coated roofing sheets in Nigeria, diversified into aluminium and galvanized steel, established subsidiaries and expanded manufacturing capacities globally. |
Where we operate Operations in India, Nigeria, Ghana, Dubai, and Mauritius with production facilities and subsidiaries across these regions. |
Top products or what we offer Metal roofing sheets, aluminium rolled products, galvanised steel, ROPP caps, crown corks, and packaging papers. |
Top brands MINL Limited (market leader in closures Nigeria), Manaksia Aluminium, Manaksia Steel, Manaksia Coated Metals, Jebba Paper Mills. |
Raw materials needed Metals including aluminium, steel, and packaging raw materials like kraft paper. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by cyclical industrial demand with stable recurring contracts in packaging and construction segments. |
Our industry position Leading producer in Nigeria for roofing and packaging; strong presence and diversified portfolio in Indian metal products sector. |
Financial highlights Standalone revenue Rs. 17546 crore, net profit Rs. 604.67 crore; Consolidated revenue Rs. 78537 crore, net profit Rs. 5597.68 crore for FY 2024-25. |
Geographical revenue split Domestic India contributes Rs. 185.39 crore; International markets Rs. 545.65 crore mainly from Nigeria and Ghana. |
Order book - |
Whats driving growth Expansion in Nigeria and India, innovations in aluminium and steel products, and investments in capacity growth driving gains. |
Our future plans Continued focus on demerger of metal business, capacity enhancements, and strategic investments in subsidiaries. |
Our green promise - |
Our people and values - |
Key challenges ahead Currency volatility in Nigeria, raw material price fluctuations, and geopolitical risks in international markets. |
Interesting facts First to introduce colour-coated roofing sheets in Nigeria, diversified into multiple metal product verticals across continents. |
Risks and strategy Managing currency depreciation and commodity risks via diversified markets; strategic restructuring to enhance operational efficiencies. |
