Metal Coatings (India) Limited Promotes Yash Khandelwal as Chief Growth Officer

1 min read     Updated on 24 Mar 2026, 10:33 PM
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Metal Coatings (India) Limited has promoted Mr. Yash Khandelwal to Chief Growth Officer, effective March 24, 2026, following Board approval and Nomination Committee recommendations. Mr. Khandelwal brings strong leadership experience in business growth, revenue enhancement, and market expansion, along with comprehensive business development understanding and cross-functional team leadership capabilities. He holds a B.Tech degree from Birla Institute of Technology and Science, Pilani, and the appointment complies with SEBI Listing Regulations.

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Metal coatings (India) Limited has announced a key senior management appointment with the promotion of Mr. Yash Khandelwal to Chief Growth Officer, effective March 24, 2026. The decision was approved by the Board of Directors at their meeting held on March 24, 2026, following recommendations from the Nomination and Remuneration Committee.

Board Approval and Appointment Details

The Board meeting, which commenced at 03:00 P.M. (IST) and concluded at 03:50 P.M. (IST), formally approved Mr. Khandelwal's promotion to the senior management position. The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Position: Chief Growth Officer
Effective Date: March 24, 2026
Appointment Type: Promotion
Management Level: Senior Management
Board Meeting Date: March 24, 2026

Professional Profile and Qualifications

Mr. Yash Khandelwal brings significant expertise to his new role, having demonstrated strong leadership capabilities in driving business growth and expanding market presence. His professional background includes:

  • Leadership Experience: Strong track record in driving business growth and increasing revenue
  • Strategic Capabilities: Comprehensive understanding of business development processes
  • Team Management: Proven ability to lead cross-functional teams effectively
  • Data-Driven Approach: Experience in implementing data-driven growth strategies
  • Educational Background: Bachelor of Technology (B.Tech) degree from Birla Institute of Technology and Science, Pilani, Rajasthan

Regulatory Compliance

The appointment has been made pursuant to Regulation 30 read with clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations. The company has fulfilled all disclosure requirements as mandated under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The announcement has been made available on the company's website at www.mcil.net , ensuring transparency and compliance with regulatory requirements. Company Secretary and Compliance Officer Shimpy Goyal signed the official communication to BSE Limited regarding this senior management change.

Historical Stock Returns for Metal Coatings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-6.83%-15.88%-28.57%-23.73%+86.96%

What specific growth strategies will Mr. Khandelwal implement to expand Metal Coatings' market share in the competitive coatings industry?

How might this leadership change impact Metal Coatings' expansion plans into new geographical markets or product segments?

Will the appointment of a dedicated Chief Growth Officer signal increased capital expenditure or acquisition activities in the coming quarters?

Metal Coatings India Limited Reports Q3 FY26 Results with Revenue of ₹36.22 Crores

1 min read     Updated on 14 Feb 2026, 01:55 PM
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Metal Coatings India Limited reported Q3 FY26 total income of ₹36.22 crores with net profit of ₹12.06 crores, showing quarterly growth. However, nine-month revenue declined to ₹112.23 crores from ₹160.25 crores year-on-year. The company maintained equity share capital of ₹73.27 crores with quarterly EPS of ₹1.31.

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Metal Coatings India Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with quarterly revenue growth but decline in nine-month figures.

Quarterly Financial Performance

The company demonstrated strong quarterly performance with significant improvements across key metrics. Total income for Q3 FY26 increased to ₹36.22 crores compared to ₹30.02 crores in the corresponding quarter of the previous year, representing growth in operational revenue.

Metric Q3 FY26 Q3 FY25 Change
Total Income ₹36.22 Cr ₹30.02 Cr Higher
Net Profit Before Tax ₹20.50 Cr ₹7.59 Cr Significant increase
Net Profit After Tax ₹12.06 Cr ₹7.59 Cr Strong growth
Earnings Per Share ₹1.31 ₹0.72 Improved

Nine-Month Results Analysis

For the nine-month period ended December 31, 2025, the company reported total income of ₹112.23 crores, down from ₹160.25 crores in the corresponding period of the previous year. Net profit for the nine-month period was ₹28.91 crores compared to ₹30.78 crores in the previous year.

Parameter 9M FY26 9M FY25 Performance
Total Income ₹112.23 Cr ₹160.25 Cr Decline
Net Profit After Tax ₹28.91 Cr ₹30.78 Cr Marginal decrease
EPS (9 months) ₹3.09 ₹3.23 Slight reduction

Capital Structure and Reserves

The company maintained its equity share capital at ₹73.27 crores (₹10 each) throughout the reporting periods. The financial results indicate stable capital structure with consistent share capital across quarters.

Regulatory Compliance

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on February 13, 2026. The statutory auditors conducted a limited review of the results for the quarter and nine months ended December 31, 2025. The detailed format of financial results has been filed with stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is available on the company's website and stock exchange platforms.

Historical Stock Returns for Metal Coatings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-6.83%-15.88%-28.57%-23.73%+86.96%

More News on Metal Coatings

1 Year Returns:-23.73%