Metal Coatings (India) Limited reported a net profit of ₹239.97 crore for the financial year ended March 31, 2026, compared to ₹236.96 crore in the previous year. Revenue from operations for FY26 stood at ₹14,897.55 crore, a decrease from ₹16,025.02 crore in FY25. The board approved the audited financial results during a meeting held on May 27, 2026, and recommended a final dividend of ₹1 per equity share, subject to shareholder approval.

Financial Performance

For the quarter ended March 31, 2026, net profit was ₹13.27 crore on revenue from operations of ₹3,674.52 crore. The statutory auditors, M/s Mehra Goel & Co., issued an unmodified opinion on the financial statements. The company operates in a single segment as per Ind AS 108.

Dividend Recommendation

The board recommended a final dividend of ₹1 per equity share, representing 10% of the face value of ₹10 each. Information regarding the book closure, record date, and dividend payment date will be announced in due course.

Key Financial Metrics

The audited financial results were prepared in compliance with the Indian Accounting Standards (IND-AS). The financial results are available on the BSE website and the company's official website.

Metal Coatings (India) Limited has informed BSE Limited of the cessation of Mrs. Deeksha Keswani (DIN: 10531070) as an Independent Director of the Company, effective from the closure of business hours on 16th May, 2026. The cessation follows the completion of her first term of two years as an Independent Director. Consequent to her cessation, she has also vacated her membership from the Audit Committee and Nomination & Remuneration Committee. The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cessation Details

The key details of the cessation, as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are summarised below:

Reconstituted Board and Committees

Consequent to the cessation, the composition of the Board of Directors, Audit Committee, and Nomination & Remuneration Committee has undergone changes with effect from 17th May, 2026. The revised compositions are as follows:

Board of Directors

Audit Committee

Nomination & Remuneration Committee

Regulatory Compliance

The intimation was signed by Shimpy Goyal, Company Secretary & Compliance Officer of Metal Coatings (India) Limited, and submitted to BSE Limited on 16th May, 2026. The disclosure is in compliance with the applicable provisions of the SEBI Listing Regulations.