Manaksia Coated Metals & Industries Ltd reported a consolidated net profit of ₹14.07 crore for the quarter ended June 30, 2026, a sharp increase of 162% from ₹5.37 crore in the preceding quarter. Revenue from operations for the period stood at ₹262.14 crore, compared to ₹227.46 crore in the quarter ended March 31, 2026. The company's Board of Directors approved the unaudited standalone and consolidated financial results for Q1FY27 at a meeting held on July 14, 2026.

The standalone net profit for the quarter was ₹141.62 lakh, a substantial rise from ₹64.45 lakh in the previous quarter. Total income increased to ₹2,630.39 lakh from ₹2,287.18 lakh in Q4FY26. The financial results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, M/s S Bhalotia & Associates, Chartered Accountants.

Financial Performance

The company's profitability improved significantly, driven by higher income and efficient cost management. EBITDA for the quarter stood at ₹29.08 crore versus ₹15.64 crore in the previous quarter, with the EBITDA margin expanding to 11.06% from 6.84% QoQ. Total expenses for the consolidated entity were ₹2,441.41 lakh, up from ₹2,223.63 lakh in the prior quarter. Finance costs for the quarter stood at ₹68.57 lakh, while employee benefit expenses were ₹51.18 lakh.

The following table summarises the key consolidated financial metrics for the quarter:

Key year-on-year performance highlights are presented below:

Operational and Regulatory Updates

The unaudited consolidated financial results include the company's share of total revenue of ₹2.69 lakh and a net loss of ₹6.25 lakh for its subsidiaries, JPA Snacks Pvt Ltd and Manaksia International FZE, for the quarter ended June 30, 2026. The management stated that these results are based solely on management-certified accounts and are not material to the company.

Regarding segment reporting, the company noted that it had previously identified two operating segments: Metal Products and Other Products. However, following a reassessment during the current quarter, the management determined that neither segment individually satisfies the quantitative thresholds prescribed under Ind AS 108. Consequently, segment-wise information has not been furnished for the quarter ended June 30, 2026.

The company also disclosed the conversion of warrants into equity shares. A total of 80,00,000 equity shares were allotted against warrants on June 30, 2026, following the receipt of full consideration. These conversions were part of a preferential allotment issued in January 2025.

Investor Conference Call

Pursuant to Regulations 30 and 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed the exchanges that the audio recording of the Investor Conference Call held on July 15, 2026, is available on its website. The call was convened to discuss the financial results for the quarter ended June 30, 2026. Management attendees included Mr. Karan Agrawal, Whole time Director, Mr. Tushar Agrawal, Senior Vice President, Mr. Mahendra Kumar Bang, CFO, and Ms. Sana Kapoor, Investor Relations. The company confirmed that no unpublished price sensitive information was shared during the meeting.

Manaksia Coated Metals & Ind has announced a major capacity expansion initiative under its MCMIL 2.0 programme, outlining aggressive growth targets across its pre-painted steel and Alu-Zinc coating segments. The plan marks a significant step-up in the company's manufacturing footprint, with timelines extending through FY27 and FY28.

MCMIL 2.0: Capacity Expansion at a Glance

Under the MCMIL 2.0 initiative, Manaksia Coated Metals plans to scale its pre-painted steel capacity by 2.7 times, moving from 86,000 MTPA in Q1 FY27 to 236,000 MTPA by Q2 FY27. In addition, the company targets doubling its Alu-Zinc coating capacity to 360,000 MTPA by FY28. The following table summarises the key expansion parameters:

Key Highlights of the Expansion

• Pre-painted steel capacity is set to grow 2.7 times, from 86,000 MTPA to 236,000 MTPA, with the target to be achieved by Q2 FY27.
• Alu-Zinc coating capacity is planned to double to 360,000 MTPA by FY28.
• The expansion is being pursued under the company's structured MCMIL 2.0 growth framework.

The MCMIL 2.0 programme reflects Manaksia Coated Metals' intent to substantially increase its output across both pre-painted steel and Alu-Zinc coated products within defined near-term timelines. The pre-painted steel expansion, targeted for completion within Q2 FY27, represents a particularly accelerated scale-up relative to the Q1 FY27 baseline capacity of 86,000 MTPA.