Synopsis: The share of this company surged 5% after receiving a Rs 32.5 crore order linked to automobile manufacturing projects, boosting FY27 revenue visibility and infrastructure sector exposure.12-05-
The share of this company, which was established in 1978 and now focuses on trading iron and steel products for industrial and infrastructure projects, gained investor traction today after a significant order receipt.
With a market capitalization of Rs 1,062 crore, Magnus Steel & Infra Ltd’s share price on Tuesday hit a day high of Rs 202.70 per share, hitting a 5 percent upper circuit from its previous day’s close of Rs 193.05 per share. The share of this company gave a return of 11,161 percent over the last five years.
Significant Order
Magnus Steel & Infra Ltd has secured a steel supply order worth around Rs 32.50 crore from RIECO Industries Limited for projects linked to Tata Motors Limited manufacturing plants in Gujarat and Maharashtra. The orders include executed and pipeline contracts for FY 2026-27.
The company stated that around Rs 8.50 crore revenue has already been recognised from orders executed during March-April 2026, while the remaining Rs 24 crore pipeline is expected to provide a strong boost to FY 2026-27 revenue.
The company expects a strong rise in revenue during FY 2026-27 from the remaining Rs 24 crore pipeline orders. The engagement is also expected to strengthen business diversification by increasing exposure to the automobile infrastructure segment and reducing reliance on agro-products trading operations.
Strategic Expansion into Automotive Infrastructure: This engagement marks Magnus Steel & Infra Ltd’s formal entry into the automotive OEM infrastructure supply chain through projects linked to Tata Motors Limited, creating a visible multi-year business opportunity amid growing investments in India’s automobile and infrastructure sectors.
The order also reflects the company’s transition from an IT services business to a steel trading and infrastructure supply player, while validating its ability to execute large-scale industrial projects.
About the Company
Magnus Steel & Infra Ltd is a Maharashtra-based company established in 1978 that now focuses on trading iron and steel products for industrial and infrastructure projects. It primarily engages in trading iron and steel, including HR plates, sheets, and structural materials for industrial construction.
Financial Highlights: The revenue from operations grew by 386 percent to Rs 7.14 crore in Q4 FY26 (Mar 2026) from Rs 1.47 crore in Q4 FY25 (Mar 2025). EBIDT grew by 424 percent to Rs 1.52 crore in Q4 FY26 from Rs 0.29 crore in Q4 FY25. This was accompanied by a net profit growth of 591 percent to Rs 1.52 crore in Q4 FY26 from Rs 0.22 crore in Q4 FY25, resulting in an EPS growth of 625 percent to Rs 0.29 per share in Q4 FY26.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
