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.

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.

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.

Metal coatings (India) Limited announced that Acuite Ratings & Research Limited has reaffirmed the company's credit ratings on January 22, 2026. The rating agency maintained both long-term and short-term credit ratings for the company's bank loan facilities, demonstrating continued confidence in the company's creditworthiness.

Credit Rating Details

The reaffirmed ratings cover the company's total bank loan facilities worth ₹15.00 crores. The rating structure reflects a comprehensive assessment of the company's financial position and repayment capacity across different facility types.

Facility Breakdown

The rated facilities are provided by HSBC and comprise two distinct components. The secured overdraft facility accounts for the larger portion of the company's rated borrowings, while the bank guarantee facility provides short-term financial flexibility.

Rating Validity and Surveillance

The rating letter issued on January 22, 2026, will expire on October 26, 2026, with the annual fee remaining valid until the same date. Acuite Ratings reserves the right to revise the ratings based on new information or changing circumstances that may impact the company's credit profile.

The rating agency will re-issue the rating letter on October 27, 2026, subject to receipt of the applicable surveillance fee. Under SEBI regulations and the rating agreement terms, Metal Coatings (India) Limited is required to furnish a 'No Default Statement' on the first working day of every month.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Shimpy Goyal, Company Secretary & Compliance Officer, and submitted to BSE Limited for the scrip with code 531810.