Manaksia Coated Metals & Industries
- Market cap
- ₹ 1,301 Cr.
- P/E
- 34.7x
- P/B
- 3.82x
- 52-week range
- 94.2 – 169.5
- ROE
- 11%
- ROCE
- 18%
- Dividend yield
- 0%
- Debt / equity
- 0.37
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Manaksia Coated Metals & Industries Limited is an India-based manufacturer and exporter of coated metal products and Fast-Moving Consumer Goods (FMCG) products. The Company in the production of pre-painted coated galvanized steel and galvanized steel products. These steel products are manufactured at the Company’s facility located in Kutch, Gujarat. It supplies both coils and precision pre-cut metal sheets, catering to a variety of roofing profiles and plain sheets with exact dimensional tolerances. Its products include pre-painted steel, galvanized steel, and ultra marine blue powder. It produces galvanized steel using its advanced hot dip galvanizing line. It produces ultra marine blue powder under the brand name Robin Blue for Reckitt Benckiser, a fabric whitener. ColourStrong is its flagship brand, which produces pre-coated sheets. Its Zingalvo is the brand name for the hot dip galvanized steel. Singham is its flagship brand of galvanized corrugated (GC) steel sheets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Manaksia Coated Metals & Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)34.7 against a typical 18.9: pricier than most peers (1st = cheapest).112th of 146
- Sales growth+4.8% against a typical +13.1% from a year earlier.75th of 117
- Profit growth0% against a typical +26.2% from a year earlier.73rd of 105
- Share price, 3 months+22% against a typical −4.5%.17th of 134
- Size₹ 1,301.4 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).27th of 135
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 with 45% sales growth and 34% profit growth, funded by higher debt for ongoing expansion.
Manaksia Coated Metals reported strong Q2 FY27 results with consolidated revenue of Rs 318.7 crore, up 45% from last year, and net profit of Rs 18.7 crore, up 34%. For the first half, revenue was Rs 580.8 crore and profit Rs 32.8 crore. The board also proposed raising the borrowing and asset-charge limits to Rs 2,500 crore, changing the stock symbol to MCMIL, and seeking approval for executive pay, while debt rose to fund new capacity and working capital.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A | Stable | 19 Sep 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Sep 2025 | New rating | ACUITE A | — | Acuite | ₹ 575 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2025 | Other | Board approved | ₹ 350 Cr. | — | — | |
| 22 Oct 2025 | Preferential issue | Board to consider | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 6 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 27 Oct 2025 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended September 30, 2025, Fund Raising and other business matters |
| 22 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 195 | 191 | 183 | 194 | 175 | 205 | 208 | 250 | 220 | 187 | 227 | 262 |
| Expenses | 182 | 179 | 168 | 181 | 164 | 191 | 193 | 225 | 194 | 171 | 213 | 234 |
| Operating Profit | 12 | 12 | 15 | 13 | 11 | 14 | 15 | 24 | 26 | 16 | 14 | 28 |
| OPM % | 6% | 6% | 8% | 7% | 6% | 7% | 7% | 10% | 12% | 8% | 6% | 11% |
| Other Income | 1 | 2 | 2 | 2 | 3 | 3 | 2 | 4 | 3 | 3 | 1 | 1 |
| Interest | 10 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 2 | 5 | 7 | 4 | 3 | 7 | 7 | 19 | 19 | 10 | 6 | 19 |
| Tax % | −2% | 25% | 26% | 26% | 25% | 25% | 25% | 25% | 27% | 24% | 16% | 26% |
| Net Profit | 2 | 4 | 5 | 3 | 2 | 5 | 5 | 14 | 14 | 7 | 5 | 14 |
| EPS in Rs | 0.31 | 0.62 | 0.68 | 0.4 | 0.32 | 0.67 | 0.63 | 1.34 | 1.32 | 0.69 | 0.51 | 1.32 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 15%
- 5 Years
- 15%
- 3 Years
- 11%
- TTM
- 7%
- 10 Years
- 27%
- 5 Years
- 40%
- 3 Years
- 77%
- TTM
- 60%
- 10 Years
- 33%
- 5 Years
- 60%
- 3 Years
- 85%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 9%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Manaksia Coated Metals & Industries | ₹ 149.00 | ₹ 1,301 Cr. | 34.7x | 3.8x | 11% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 56.5x | 9.3x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 73.1x | 5.3x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38.1x | 6.5x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.2x | 1.4x | — | 3.3% |
Management
- Siddhartha Shankar Roy
- Chairman of the Board
- Mahendra Bang
- Chief Financial Officer
- Shruti Agarwal
- Compliance Officer, Company Secretary
- Sushil Kumar Agrawal
- Managing Director, Executive Director
- Venakata Srinarayana Addanki
- Whole Time Director
- Anirudha Kumar Agrawal
- Whole Time Director
- Karan Agrawal
- Whole Time Director
- Addanki Venkata Srinarayana
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.