Manaksia Coated Metals Reports 46% Jump in Q3 FY26 Net Profit to ₹741.10 Lacs
Manaksia Coated Metals & Industries Limited reported strong Q3 FY26 results with net profit jumping 46% to ₹741.10 lacs from ₹507.50 lacs year-on-year. Despite quarterly revenue declining to ₹18,689.53 lacs from ₹20,505.03 lacs, the company demonstrated exceptional nine-month performance with profit surging 237% to ₹3,553.56 lacs and revenue growing 15% to ₹65,700.67 lacs. The metal products segment remained the primary revenue driver, while improved operational efficiency drove margin expansion.

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Manaksia coated metals & ind announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust profitability growth despite a decline in quarterly revenue. The Kolkata-based coated metals manufacturer demonstrated strong operational efficiency with significant improvements in bottom-line performance.
Financial Performance Highlights
The company's standalone financial results revealed mixed performance trends across different time periods. While quarterly revenue experienced a decline, profitability metrics showed substantial improvement, indicating enhanced operational efficiency and cost management.
| Metric | Q3 FY26 | Q3 FY25 | Change (%) | Nine Months FY26 | Nine Months FY25 | Change (%) |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹18,689.53 lacs | ₹20,505.03 lacs | -8.85% | ₹65,700.67 lacs | ₹57,374.22 lacs | +14.51% |
| Net Profit | ₹741.10 lacs | ₹507.50 lacs | +46.04% | ₹3,553.56 lacs | ₹1,054.62 lacs | +236.92% |
| Total Income | ₹18,987.82 lacs | ₹20,779.95 lacs | -8.62% | ₹66,742.65 lacs | ₹57,972.68 lacs | +15.13% |
| Total Expenses | ₹18,017.39 lacs | ₹20,102.84 lacs | -10.37% | ₹61,984.66 lacs | ₹56,687.01 lacs | +9.35% |
Segment-wise Revenue Analysis
The company operates primarily through two business segments, with metal products forming the core revenue driver. The segmental performance analysis reveals the contribution of each business vertical to overall financial results.
Metal Products Segment
The metal products division generated ₹18,376.43 lacs in Q3 FY26 compared to ₹20,129.58 lacs in Q3 FY25. For the nine-month period, this segment contributed ₹64,703.33 lacs versus ₹56,202.79 lacs in the previous year, representing a growth of 15.12%.
Other Business Activities
The 'Others' segment recorded revenue of ₹313.10 lacs in Q3 FY26 against ₹375.45 lacs in Q3 FY25. Nine-month revenue for this segment stood at ₹997.34 lacs compared to ₹1,171.43 lacs in the corresponding period last year.
Profitability and Margins
The company demonstrated exceptional profitability improvement, particularly evident in the nine-month performance. Profit before tax for Q3 FY26 reached ₹970.43 lacs compared to ₹677.11 lacs in the previous year quarter. The nine-month profit before tax showed remarkable growth to ₹4,757.99 lacs from ₹1,285.67 lacs.
| Performance Indicator | Q3 FY26 | Q3 FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Profit Before Tax | ₹970.43 lacs | ₹677.11 lacs | ₹4,757.99 lacs | ₹1,285.67 lacs |
| Tax Expense | ₹156.00 lacs | ₹179.21 lacs | ₹1,125.00 lacs | ₹389.21 lacs |
| Current Tax | ₹73.33 lacs | -₹9.60 lacs | ₹79.43 lacs | -₹37.16 lacs |
| Deferred Tax | ₹73.33 lacs | -₹9.60 lacs | ₹79.43 lacs | -₹37.16 lacs |
Earnings Per Share and Capital Structure
The company reported basic earnings per share of ₹0.73 for Q3 FY26 compared to ₹0.68 in Q3 FY25. For the nine-month period, basic EPS stood at ₹3.48 versus ₹1.57 in the previous year. The paid-up equity share capital increased to ₹1,058.34 lacs from ₹742.69 lacs, reflecting the conversion of warrants into equity shares.
Corporate Actions and Capital Expansion
During the period, the company successfully converted warrants into equity shares through multiple allotments. The authorized share capital was increased from ₹12,50,00,000 to ₹16,00,00,000 through shareholder approval via postal ballot conducted between October 29, 2025, and November 27, 2025.
Consolidated Results
The consolidated financial results, including subsidiaries JPA Snacks Pvt Ltd and Manaksia International FZE, showed similar trends with net profit of ₹734.79 lacs in Q3 FY26 and ₹3,531.51 lacs for the nine-month period. The subsidiaries contributed revenue of ₹9.82 lacs and reported a net loss of ₹22.05 lacs for the nine-month period.
Historical Stock Returns for Manaksia Coated Metals & Ind
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.90% | -7.88% | -11.88% | -24.89% | +10.74% | +1,307.59% |


































