Manaksia Coated Metals & Ind
145.64
+1.78(+1.24%)
Market Cap₹1,541.37 Cr
PE Ratio38.76
Company Performance:
1D+1.24%
1M-14.22%
6M+43.02%
1Y+105.91%
5Y+2,674.10%
View Company Insightsright
More news about Manaksia Coated Metals & Ind
27Oct 25
Manaksia Coated Metals Reports Strong Q2 Performance, Plans Rs 350 Crore Fundraise
Manaksia Coated Metals & Industries Limited reported robust Q2 FY 2025-26 results with revenue of Rs 22,032.66 lakhs and net profit of Rs 1,402.33 lakhs. The company's Board approved a fundraising plan of up to Rs 350 crores through various securities. Additionally, the company plans to increase its authorized share capital from Rs 12.50 crores to Rs 16 crores, subject to shareholder approval via postal ballot.
22Oct 25
Manaksia Coated Metals Plans Board Meeting to Discuss Q2 Results and Fund-Raising Proposals
Manaksia Coated Metals & Industries Limited has scheduled a board meeting for October 27, 2025. The agenda includes reviewing Q2 and half-year financial results, considering fund-raising proposals through various securities, and discussing potential increase in authorized capital. The company has also announced a trading window closure for designated persons starting October 30, 2025, until further notice.
22Sept 25
Manaksia Coated Metals & Industries Receives Credit Rating Upgrade, Announces Expansion Plans
Acuité Ratings & Research has upgraded Manaksia Coated Metals & Industries' long-term rating to A and short-term rating to A1, citing robust financial profile and consistent performance. The company unveiled expansion plans including capacity upgrade to 180,000 MTPA, a 7.0 MWp captive solar project, and a new color coating line. Manaksia reported strong financial results with consolidated total income of ₹789.66 crore, EBITDA of ₹63.01 crore, and net profit of ₹15.39 crore. Management expressed confidence in sustained growth momentum, particularly in exports.
25Jul 25
Manaksia Coated Metals Reports 360% Jump in Q1 Net Profit, Announces Capacity Expansion Plans
Manaksia Coated Metals & Industries Limited reported impressive Q1 results with a 29.97% increase in consolidated total income to INR 253.94 crores and a 359.70% surge in net profit to INR 14.01 crores. EBITDA grew by 93.36% to INR 28.62 crores, with margin expansion of 370 basis points. Exports contributed 57% of total revenue, growing 166.14% year-on-year. The company announced plans to upgrade its galvanizing line to Alu-Zinc technology, add a new color coating line, and install a 7-megawatt solar power plant. With INR 174.87 crores raised through preferential warrants, Manaksia aims to become a top player in India's value-added downstream steel products sector.
22Jul 25
Manaksia Coated Metals Reports Stellar Q1 Performance with 370% Surge in Net Profit
Manaksia Coated Metals & Industries Limited (MCMIL) reported impressive Q1 results with net profit soaring 370% to ₹141.00 million. Revenue increased by 28.87% to ₹2,500.00 million, while EBITDA rose to ₹227.00 million with an improved margin of 9.09%. The company's Board approved Q1 results, scheduled the 15th AGM for September 16, 2025, set a dividend cut-off date, appointed new auditors, and approved a merger scheme with its subsidiary JPA Snacks Private Limited.
22Jul 25
Manaksia Coated Metals Approves Amalgamation with JPA Snacks, Announces Q1 Results and Key Appointments
Manaksia Coated Metals & Industries Limited (MCMIL) has approved the amalgamation with its wholly-owned subsidiary JPA Snacks Private Limited, adopted Q1 financial results, and made key corporate governance appointments. The amalgamation aims to simplify group structure and reduce costs. MCMIL's financial position as of March 31, 2025, shows net assets of 22,262.37 lakhs and revenue from operations of 78,162.76 lakhs. The company appointed new internal and secretarial auditors, scheduled its 15th AGM for September 16, 2025, and set record dates for shareholder voting and dividend entitlement.
14May 25
Manaksia Coated Metals & Industries Reports Steady Q4 Performance
Manaksia Coated Metals & Industries released its Q4 financial results, showing a 14.75% year-over-year revenue increase to ₹210.00 crore. Net profit remained stable at ₹51.00 crore, slightly down from ₹53.00 crore in the previous year. The company maintained consistent profitability despite revenue growth, suggesting effective cost management amid potential market pressures.
1 Year Returns:+105.91%
Industry Peers
APL Apollo Tubes
1,718.90
(-0.92%)
Welspun Corp
856.40
(-1.50%)
Ratnamani Metals & Tubes
2,372.50
(-0.56%)
Gallantt Ispat
590.05
(-0.83%)
Usha Martin
427.90
(+1.55%)
Jindal SAW
162.77
(-2.37%)
Maharashtra Seamless
589.10
(+2.43%)