Manaksia Coated Metals & Industries Share Price

Iron & Steel Products company Manaksia Coated Metals & Industries announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from Operations stood at Rs 228.74 crore, representing a YoY growth of 9.00% compared to Rs 209.89 crore. EBITDA was reported at Rs 15.64 crore, a decrease of 8.72% YoY from Rs 17.13 crore. EBITDA Margin declined by 133 bps YoY to 6.84% from 8.16%. Profit After Tax (PAT) grew by 6.73% YoY to Rs 5.37 crore from Rs 5.03 crore. PAT Margin stood at 2.35%, showing a slight decline of 5 bps YoY from 2.40%. Diluted Earnings Per Share (EPS) for the quarter was Rs 0.66 compared to Rs 0.68 in the previous year's quarter. FY26 Financial Highlights: Revenue from Operations crossed a milestone, reaching Rs 896.27 crore, an increase of 13.50% YoY from Rs 789.66 crore. EBITDA surged by 49.21% YoY to Rs 92.21 crore compared to Rs 61.80 crore. EBITDA Margin improved significantly by 246 bps YoY to 10.29% from 7.83%. Profit After Tax (PAT) saw a massive surge of 164% YoY, reaching Rs 40.69 crore from Rs 15.39 crore. PAT Margin expanded by 259 bps YoY to 4.54% from 1.95%. Diluted EPS for the full year jumped by 211% YoY to Rs 4.32 from Rs 2.07. Balance Sheet Strength and Ratios: Interest Coverage Ratio improved to 2.85x in FY26 from 1.63x in FY25. The Debt-Equity Ratio was reduced to 1.13x in FY26 from 1.81x in FY25. Net Debt / EBITDA improved to 1.01x in FY26 from 1.93x in FY25. Business Highlights: Segment/Product-wise Performance: Production of Galvanized / Alu-Zinc Steel reached 1,03,036 MT for FY26, a growth of 2.21% YoY. Production of Pre-Painted Steel grew by 12.78% YoY to reach 83,594 MT. The share of value-added products (Pre-Painted Steel) in the total sales mix rose to 80% in FY26 from 74% in FY25. Export Performance: Export tonnage touched an all-time high of 66,172 MT in FY26, representing a growth of 110% YoY. The share of exports as a percentage of total revenue expanded to 68.21% in FY26 from 39.20% in FY25. Operational Efficiency: Price Realization per MT improved to Rs 82,193 in FY26 from Rs 73,622 in FY25. EBITDA per MT increased by 43.54% YoY to Rs 8,838. Strategic Projects: The Alu-Zinc Coating Upgrade project, which increased capacity to 1,80,000 TPA, was commissioned in December 2025. The 2nd Colour Coating Line, with a new capacity of 1,50,000 TPA (taking total capacity to 2,36,000 TPA), is scheduled for commissioning in Q2FY27. A 7 MWp Captive Solar Power Plant at the Kutch facility is expected to be commissioned in Q2FY27, aimed at offsetting 50–55% of grid power dependency. The implementation of a Salesforce CRM is currently in progress to provide 360-degree customer visibility and improved demand forecasting. Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries, said: “FY26 has been a landmark year for Manaksia Coated Metals & Industries Limited, marked by record revenue and strong growth in EBITDA and profitability, driven by higher exports, improved realizations, and an increasing share of value-added products. During the year, the company successfully commercialized its Aluminium-Zinc coating technology, strengthening its position in the premium coated steel segment. The newly upgraded line has stabilized well, with encouraging customer response and improving capacity utilization. Despite temporary margin pressure in Q4FY26 arising from elevated freight, energy, and input costs amid geopolitical disruptions, demand remained healthy and profitability continued to remain resilient. Operationally, the company continued to witness strong momentum across its pre-painted steel segment, supported by rising export demand and improved product mix. Export volumes reached an all-time high during FY26, while the share of value-added products further improved, reinforcing the company’s strategy of focusing on premium and high-margin steel products. The company also made significant progress on its expansion and sustainability initiatives. The second colour coating line is progressing as planned and is expected to commence commercial production in Q2FY27, which will substantially enhance the company’s value-added production capacity. In addition, the 7 MW captive solar power project is advancing well and is expected to reduce power costs and improve operational sustainability. From a balance sheet perspective, the company achieved its targeted Net Debt to EBITDA ratio of close to 1x, reflecting strong cash flows, disciplined capital allocation, and continued deleveraging. The Company enters FY27 with strong order visibility, significant new capacity coming on stream, and an improved balance sheet. The ramp-up of the Alu-Zinc line, commissioning of the second colour coating line and the solar plant are expected to contribute meaningfully to revenue and margins in H1FY27. MCMIL remains focused on its strategic pillars of premiumisation, export growth, operational efficiency, and balance sheet deleveraging. Result PDF

• Trendlyne
• 2 weeks 6 days ago

Iron & Steel Products company Manaksia Coated Metals & Industries announced Q3FY26 results Revenue: Rs 18,689.53 lakh against Rs 20,505.03 lakh during Q3FY25, change -9%. PBT: Rs 964.12 lakh against Rs 670.54 lakh during Q3FY25, change 44%. PAT: Rs 734.79 lakh against Rs 500.93 lakh during Q3FY25, change 47%. EPS: Rs 0.74 for Q3FY26. Result PDF

• Trendlyne
• 3 months 3 weeks ago

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• Moneycontrol
• 3 years 6 months ago