Synopsis:
Manaksia Coated Metals and Industries Restricted experiences 29% YoY income progress and a 370% YOY internet revenue surge in Q1 FY26 outcomes
This small-cap metal inventory, engaged in manufacturing and advertising coated metal merchandise, together with pre-painted, galvanised, and cold-rolled metal, for various industrial functions, hit a ten % higher circuit after the corporate reported robust June quarterly outcomes with a 370 % YoY enhance in internet revenue.
With a market capitalization of Rs. 1,557.22 crores, the shares of Manaksia Coated Metals and Industries Restricted hit a ten % higher circuit of Rs. 156.25 per share on Wednesday, up from its earlier closing value of Rs. 142.05 per share.

Q1 FY26 Consequence Walkthrough
Coming into the quarterly outcomes of Manaksia Coated Metals and Industries Restricted, the corporate’s consolidated income from operations elevated by 28.91 % YOY, from Rs. 193.78 crore in Q1 FY25 to Rs. 249.80 crore in Q1 FY26, and grew by 20.16 % QoQ from Rs. 207.89 crore in This fall FY25.
In Q1 FY26, Manaksia Coated Metals and Industries Restricted’s consolidated internet revenue elevated by 370.13 % YOY, reaching Rs. 14.01 crore in comparison with Rs. 2.98 crore throughout the identical interval final yr. As in comparison with This fall FY25, the web revenue has elevated by 178.53 %, from Rs. 5.03 crore.
The fundamental earnings per share elevated by 267.50 % and stood at Rs. 1.47 as towards Rs. 0.40 recorded in the identical quarter within the earlier yr 2025.
Monetary Highlights: Manaksia Coated Metals and Industries Restricted’s income has elevated from Rs. 740 crore in FY24 to Rs. 782 crore in FY25, which is a progress of 5.68 %. The web revenue has additionally grown by 36.36 %, from Rs. 11 crore in FY24 to Rs. 15 crore in FY25.
Manaksia Coated Metals and Industries Restricted’s income and internet revenue have grown at a CAGR of 25.92 % and 37.97 %, respectively, over the past 5 years.
When it comes to return ratios, the corporate’s ROCE and ROE stand at 15.1 % and seven.66 %, respectively. Manaksia Coated Metals and Industries Restricted has an earnings per share (EPS) of Rs. 3.03, and its debt-to-equity ratio is 0.63x.
Capability Growth: Manaksia Coated Metals and Industries Restricted is increasing its manufacturing capability throughout three metal product classes equivalent to Pre-Painted Metal, Galvanised Metal, and Chilly Rolled Metal. By FY26, the corporate plans to extend its Pre-Painted Metal capability by 170 % to 2,36,000 MTPA with a brand new Steady Coating Line of 1,50,000 MTPA underneath Part 2.
For Galvanised Metal, Part 1 will increase capability to 180,000 MTPA by changing to Alu-Zinc and growing line velocity to 25 MT/hour, a 36 % rise. Additional enlargement will occur in FY27 and FY28 underneath Part 3. Galvanised Metal capability will double to 360,000 MTPA with the addition of a second Alu-Zinc coating line.
Chilly Rolled Metal manufacturing may also develop considerably, with a brand new CRM Complicated (CRM Hitachi) including 300,000 MTPA capability. These developments mirror MCMIL’s robust progress plans and dedication to assembly the rising demand for high-quality metal merchandise in each home and worldwide markets.
Overview: Manaksia Coated Metals and Industries Restricted (MCMIL) is a outstanding Indian producer and exporter specializing in coated steel merchandise, together with pre-painted metal and aluminum sheets and coils, galvanized metal sheets, and value-added secondary steel merchandise.
The corporate was established in 2010 and in addition produces fast-moving shopper items (FMCG) equivalent to Ultramarine Blue Powder and mosquito repellent coils underneath contract for Reckitt Benckiser India
Manaksia Coated Metals and Industries operates with two manufacturing vegetation which have an annual manufacturing capability of 1,32,000 metric tons for galvanised merchandise and 86,000 metric tons for pre-painted merchandise. The corporate additionally has a robust home community with 4 department workplaces and 5 inventory yards & service centres.
Along with its presence in India, the corporate has expanded its attain to 22 international locations throughout 4 continents, showcasing its rising world footprint and dedication to serving worldwide markets.
Written By – Nikhil Naik
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