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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
42 announcements match the current filters (relevance ≥ 5).
Manaksia Coated Metals Secured Creditors Meet to Approve Merger with JPA Snacks
Manaksia Coated Metals & Industries Limited held a Court Convened Meeting of its Secured Creditors on June 9, 2026, following directions from the NCLT Kolkata Bench. The meeting was specifically organized to seek approval for the Scheme of Merger between the company and JPA Snacks Private Limited. Remote e-voting was conducted prior to the meeting, and additional e-voting was provided during the session. The final consolidated results of the voting are expected to be released within two working days.
Key Highlights
Meeting of Secured Creditors held on June 9, 2026, as per NCLT order dated April 24, 2026.
Proposed Scheme of Merger involves Manaksia Coated Metals & Industries Limited and JPA Snacks Private Limited.
Remote e-voting facility was available from June 4 to June 8, 2026, based on a cut-off date of March 31, 2026.
Consolidated voting results and the Scrutinizer’s Report will be declared within 2 working days.
The merger process is being conducted under Regulation 30 of SEBI (LODR) Regulations, 2015.
👀 What to Watch
Investors should watch for the official voting results and subsequent NCLT final approval to assess the strategic benefits and financial impact of merging with JPA Snacks.
Manaksia Coated Metals Shareholders Meet to Approve Merger with JPA Snacks Private Limited
Manaksia Coated Metals & Industries Limited conducted a court-convened meeting on June 8, 2026, to obtain shareholder approval for a Scheme of Merger with JPA Snacks Private Limited. The meeting followed an NCLT order dated April 24, 2026, and involved a special resolution for the merger. Remote e-voting was conducted from June 4 to June 7, 2026, and the final results are expected to be declared within two working days. This merger represents a significant corporate restructuring for the company.
Key Highlights
Court-convened meeting held on June 8, 2026, to approve the Scheme of Merger with JPA Snacks Private Limited.
The meeting was directed by the Hon'ble NCLT, Kolkata Bench, via an order dated April 24, 2026.
Remote e-voting facility was provided to shareholders from June 4, 2026, to June 7, 2026.
The merger approval requires a Special Resolution from the ordinary shareholders.
Consolidated voting results will be disclosed within 2 working days from the conclusion of the meeting.
👀 What to Watch
Investors should watch for the official voting results and subsequent NCLT final approval. It is also advisable to research the business profile of JPA Snacks to assess the potential synergies and impact on the consolidated entity's valuation.
Manaksia Coated Metals FY26 Net Profit Surges 164% to ₹40.69 Cr; Declares ₹0.05 Dividend
Manaksia Coated Metals & Industries reported a stellar performance for the full year ended March 31, 2026, with consolidated net profit jumping 164% to ₹40.69 crore from ₹15.39 crore in the previous year. Annual revenue from operations grew by 13.2% to reach ₹884.48 crore, driven by steady demand. The Board has recommended a final dividend of ₹0.05 per share (5% of face value). Additionally, the company approved remuneration hikes for its Managing Director and Whole-time Director, reflecting confidence in leadership.
Key Highlights
Consolidated Net Profit for FY26 soared to ₹4,068.75 lakhs (₹40.69 Cr) from ₹1,538.83 lakhs (₹15.39 Cr) in FY25.
Annual Consolidated Revenue from Operations increased 13.2% YoY to ₹88,448.16 lakhs.
Recommended a final dividend of ₹0.05 per equity share of face value ₹1/- for FY26.
Q4 FY26 consolidated revenue stood at ₹22,745.75 lakhs, up from ₹20,788.54 lakhs in the year-ago period.
Approved re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for 3 years.
👀 What to Watch
The significant expansion in bottom-line margins and steady revenue growth make this a positive update for shareholders. Investors should monitor the sustainability of these improved margins in the upcoming fiscal year.
Manaksia Coated Metals Reports Record FY26: PAT Jumps 164% to ₹40.69 Cr, Revenue Near ₹900 Cr
Manaksia Coated Metals (MCMIL) delivered its strongest financial year on record for FY26, with consolidated revenue growing 13.5% to ₹896 crores. Net profit surged 164% YoY to ₹40.69 crores, driven by a shift toward high-margin value-added products and a 110% increase in export volumes. Despite Q4 margin pressure from global supply chain disruptions, the company significantly deleveraged, reducing its net debt-to-EBITDA to 1.01x. Major capacity expansions in color coating and solar power are slated for completion by July 2026.
Key Highlights
FY26 PAT grew 164% YoY to ₹40.69 crores with EPS rising 211% to ₹4.32
EBITDA margins expanded 246 bps to 10.29% for the full year, despite Q4 headwinds from Middle East conflict
Export revenue share nearly doubled to 68.21% of total revenue in FY26 compared to 39.21% in FY25
Net debt-to-EBITDA improved drastically from 1.93x to 1.01x, leading to a credit rating upgrade to 'A'
Phase 2 expansion will add 150,000 MT of color coating capacity by July 2026, a 174% increase
👀 What to Watch
Investors should monitor the successful ramp-up of the new 150,000 MT color coating line in H1 FY27, which is expected to drive the next leg of growth. The significant deleveraging and shift toward high-margin exports strengthen the company's fundamental outlook.
Manaksia Coated Metals to Hold Shareholder Meeting on June 8 for JPA Snacks Merger Approval
Manaksia Coated Metals & Industries Limited is convening a meeting on June 8, 2026, to obtain shareholder approval for its merger with JPA Snacks Private Limited. This follows an NCLT order from April 24, 2026, which also mandates meetings for unsecured and secured creditors on June 9, 2026. The merger is a significant corporate action aimed at consolidating operations. Shareholders registered as of June 1, 2026, can participate in the voting process via remote e-voting starting June 4, 2026.
Key Highlights
Court-convened meeting for shareholders set for June 8, 2026, to approve the merger with JPA Snacks Private Limited.
Separate meetings for unsecured and secured creditors scheduled for June 9, 2026, at 11:00 AM and 2:00 PM.
Remote e-voting period for shareholders begins June 4, 2026, and ends June 7, 2026.
Eligibility for voting is determined by the cut-off date of June 1, 2026.
The merger is subject to final sanction from the NCLT Kolkata Bench following these meetings.
👀 What to Watch
Investors should monitor the outcome of the voting on June 8-9 and review the merger's valuation and synergy details in the explanatory statement to assess long-term impact.
Manaksia Coated Metals Schedules Shareholder Meeting for Merger with JPA Snacks on June 8, 2026
Manaksia Coated Metals & Industries Limited is convening a National Company Law Tribunal (NCLT) directed meeting on June 8, 2026, to seek approval for the merger of JPA Snacks Private Limited into the company. The meeting will be held virtually, with subsequent meetings for secured and unsecured creditors scheduled for June 9, 2026. This corporate restructuring follows an NCLT Kolkata Bench order dated April 24, 2026, under Sections 230 to 232 of the Companies Act, 2013. Shareholders as of the June 1, 2026 cut-off date are eligible to participate in the voting process.
Key Highlights
Court-convened meeting for equity shareholders scheduled for June 8, 2026, at 11:00 AM via virtual mode
Separate meetings for Unsecured and Secured Creditors to be held on June 9, 2026
Merger involves JPA Snacks Private Limited as the Transferor Company and Manaksia Coated Metals as the Transferee
Remote e-voting period for shareholders is set from June 4, 2026, to June 7, 2026
Cut-off date for determining voting eligibility for shareholders is June 1, 2026
👀 What to Watch
Investors should review the merger's explanatory statement and valuation reports on the company's website to assess the impact on equity dilution and business synergies. It is advisable to participate in the e-voting process between June 4 and June 7 to express a stance on the proposed merger.
Manaksia Coated Metals FY26 PAT Surges 164% to ₹40.69 Cr; Targets 3x Growth by FY29
Manaksia Coated Metals reported a strong FY26 with PAT surging 164% YoY to ₹40.69 Cr and EBITDA growing 49% to ₹92.21 Cr. Although Q4FY26 margins were pressured by higher freight and energy costs, the company successfully transitioned to higher-margin Alu-Zinc technology. The management has outlined an aggressive expansion roadmap, including a 2.7x increase in pre-painted steel capacity by Q2FY27 and full backward integration by FY28. The company aims to triple its revenue and output by FY29, supported by a 7 MW captive solar plant to reduce power costs by 40%.
Key Highlights
FY26 PAT grew 164% YoY to ₹40.69 Cr, while Total Income rose 14% to ₹896.27 Cr.
EBITDA margins improved to 10.29% in FY26 from 7.83% in the previous fiscal year.
Pre-painted steel capacity to increase 2.7x to 236,000 MTPA by Q2FY27 with ₹65 Cr capex.
Planned ₹200 Cr capex for a 360,000 MTPA Cold Rolling Mill by FY28 for backward integration.
Vision FY29 targets a 3x increase in total output, revenue, and profitability compared to FY26.
👀 What to Watch
Investors should monitor the timely commissioning of the Phase 1 expansion in Q2FY27 and the impact of backward integration on long-term margins. While the growth outlook is robust, keep an eye on the debt levels as the company executes its ₹350 Cr+ total capex plan.
Manaksia Coated FY26 PAT Surges 164% to ₹40.7 Cr; Exports Hit All-Time High
Manaksia Coated Metals reported a stellar FY26 with PAT jumping 164% to ₹40.69 crore and revenue crossing ₹896 crore. The growth was primarily driven by a 110% surge in export volumes and a shift towards high-margin value-added products, which now constitute 80% of sales. While Q4 margins faced temporary pressure from freight and energy costs, the company significantly deleveraged, bringing the Net Debt/EBITDA ratio down to 1.01x. Future growth is anchored by the upcoming 1,50,000 TPA colour coating line and a 7 MW solar plant, both slated for Q2 FY27.
Key Highlights
Full-year PAT grew 164% YoY to ₹40.69 crore, while EBITDA increased 49% to ₹92.21 crore.
Export revenues reached an all-time high, contributing 68.21% of total revenue compared to 39.20% in FY25.
Debt-Equity ratio improved significantly to 1.13x from 1.81x, with Net Debt/EBITDA reaching the target of ~1x.
Value-added product mix (Pre-Painted Steel) rose to 80% of total sales, enhancing overall realizations per MT to ₹82,193.
Major capacity expansion (2nd Colour Coating Line) and 7 MW solar plant are on track for Q2 FY27 commissioning.
👀 What to Watch
Investors should focus on the company's successful transition to a high-margin export-oriented model and its significant debt reduction. The upcoming 174% increase in colour coating capacity in Q2 FY27 serves as a major growth catalyst for the next fiscal year.
Manaksia Coated Metals Reports FY26 Results, Recommends 5% Dividend, and Hikes Executive Pay
Manaksia Coated Metals & Industries Limited has approved its audited financial results for the fiscal year ended March 31, 2026. The board recommended a final dividend of Re. 0.05 per equity share, representing a 5% payout on the face value of Re. 1. Key management decisions include the re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for a three-year term and salary hikes for top executives including the Managing Director. The company also appointed new Internal and Cost Auditors for the upcoming financial year 2026-27.
Key Highlights
Recommended a final dividend of Re. 0.05 (5%) per equity share of face value Re. 1 for FY 2025-26
Approved audited standalone and consolidated financial results for the year ended March 31, 2026, with an unmodified audit opinion
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for a period of 3 years effective May 30, 2026
Approved remuneration increases for Managing Director Sushil Kumar Agrawal and Whole-time Director Karan Agrawal
Appointed M/s Audittech 360 Financial Services and M/s S. Chhaparia & Associates as Internal and Cost Auditors respectively
👀 What to Watch
Investors should monitor the full financial statement to evaluate profitability margins and revenue growth trends for the fiscal year. The management's decision to increase executive remuneration should be weighed against the company's overall bottom-line performance.
Manaksia Coated Metals Approves FY26 Results, 5% Dividend, and Management Remuneration Hikes
Manaksia Coated Metals & Industries has approved its audited financial results for the fiscal year ending March 31, 2026, with an unmodified audit opinion. The board recommended a final dividend of Re. 0.05 per share, representing a 5% payout on the face value of Re. 1. Key management decisions include the re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for three years and approved salary hikes for the Managing Director and other top executives. New internal and cost auditors were also appointed for the upcoming financial year 2026-27.
Key Highlights
Recommended a final dividend of Re. 0.05 per equity share (5% of face value) for FY 2025-26.
Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for a 3-year term starting May 30, 2026.
Approved remuneration increases for the Managing Director, Whole-time Director, and Senior Vice-President subject to shareholder approval.
Appointed M/s Audittech 360 Financial Services and M/s. S. Chhaparia & Associates as Internal and Cost Auditors respectively.
👀 What to Watch
Investors should monitor the full financial statements to evaluate the company's margin performance relative to the proposed management salary increases. The dividend yield remains low at Re. 0.05 per share, suggesting the company is prioritizing capital retention or meeting operational costs.
Manaksia Coated Metals Recommends ₹0.05 Final Dividend and Approves FY26 Results
Manaksia Coated Metals & Industries has recommended a final dividend of ₹0.05 per equity share (5% of face value) for the financial year ended March 31, 2026. The board approved the audited financial results for FY26 and confirmed the re-appointment of Mr. Addanki Venkata Srinarayana as a Whole-time Director for a three-year term. Additionally, the company has proposed remuneration increases for its Managing Director and other senior executives, subject to shareholder approval. New internal and cost auditors have also been appointed for the 2026-27 financial year.
Key Highlights
Recommended a final dividend of ₹0.05 per equity share of face value ₹1 for FY 2025-26.
Approved audited standalone and consolidated financial results for the year ended March 31, 2026.
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for 3 years effective May 30, 2026.
Approved remuneration increases for MD Sushil Kumar Agrawal and WTD Karan Agrawal.
Appointed Audittech 360 Financial Services as Internal Auditor for the 2026-27 fiscal year.
👀 What to Watch
The dividend yield is negligible at ₹0.05 per share; investors should focus on the audited earnings growth to see if it justifies the proposed management pay hikes. Monitor the full financial statement for margin trends in the coated metals business.
Manaksia Coated Metals Recommends 5% Dividend and Re-appoints Whole-time Director
Manaksia Coated Metals & Industries has announced its FY26 audited financial results along with a final dividend recommendation of Re. 0.05 per share (5% of face value). The board has approved the re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for a three-year term starting May 30, 2026. Furthermore, the company is seeking shareholder approval for remuneration increases for the Managing Director, a Whole-time Director, and the Senior VP. New Internal and Cost Auditors have also been appointed for the 2026-27 financial year.
Key Highlights
Recommended a final dividend of Re. 0.05 per equity share (5% of Re. 1 face value) for FY 2025-26.
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for a 3-year term effective May 30, 2026.
Approved remuneration increases for Managing Director Sushil Kumar Agrawal and Whole-time Director Karan Agrawal.
Appointed Audittech 360 Financial Services as Internal Auditor and M/s. S. Chhaparia & Associates as Cost Auditor for FY 2026-27.
Audited financial results for the year ended March 31, 2026, were approved with an unmodified audit opinion.
👀 What to Watch
Investors should monitor the full financial performance details for FY26 and evaluate whether the proposed management remuneration hikes are justified by the company's bottom-line growth.
Manaksia Coated Metals Declares 5% Dividend and Re-appoints Whole-time Director
Manaksia Coated Metals & Industries has approved its audited financial results for FY 2025-26 with an unmodified opinion. The board recommended a final dividend of Re. 0.05 per share, representing 5% of the face value. Significant management updates include the re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for three years and approved remuneration increases for the Managing Director and other key personnel.
Key Highlights
Recommended a final dividend of Re. 0.05 (5%) per equity share for FY 2025-26.
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for a 3-year term effective May 30, 2026.
Approved remuneration increases for MD Sushil Kumar Agrawal and WTD Karan Agrawal.
Appointed M/s Audittech 360 Financial Services as Internal Auditor for FY 2026-27.
Financial results for the year ended March 31, 2026, received an unmodified audit opinion.
👀 What to Watch
Investors should monitor the upcoming Annual General Meeting for shareholder approval on remuneration hikes and dividend declaration. Review the detailed financial statements to assess the company's growth trajectory relative to the dividend payout.
Manaksia Coated Metals Approves FY26 Results, Recommends 5% Final Dividend
Manaksia Coated Metals & Industries has approved its audited financial results for the fiscal year ending March 31, 2026. The Board has recommended a final dividend of Re. 0.05 per equity share, which is 5% of the face value of Re. 1. Key management updates include the re-appointment of Mr. Addanki Venkata Srinarayana as Whole-time Director for three years and approved remuneration hikes for top leadership. The company also appointed new internal and cost auditors for the 2026-27 financial year.
Key Highlights
Recommended a final dividend of Re. 0.05 (5%) per equity share of Re. 1 face value for FY 2025-26.
Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Re-appointed Mr. Addanki Venkata Srinarayana as Whole-time Director for a 3-year term effective May 30, 2026.
Approved remuneration increases for the Managing Director, Whole-time Director, and Senior Vice-President.
Appointed M/s Audittech 360 Financial Services as Internal Auditor for FY 2026-27.
👀 What to Watch
Investors should monitor the full financial statements to assess year-on-year growth trends and wait for the announcement of the dividend record date. The management's decision to increase executive remuneration suggests internal confidence in the company's operational stability.
Manaksia Coated Metals Q3 Net Profit Surges 47% YoY; Capacity to Expand 174% by FY27
Manaksia Coated Metals reported a resilient Q3 FY26 with net profit growing 47% YoY to ₹7 crores, despite a 9% dip in revenue caused by a 35-day planned plant shutdown for technology upgrades. For the 9-month period, the company showed explosive growth with net profit rising 241% YoY to ₹35 crores and EBITDA margins expanding by 356 bps to 11%. The company successfully commissioned its Alu-Zinc technology upgrade, increasing capacity to 1,80,000 TPA, and is on track for a massive 174% capacity expansion in early FY27. With a robust export order book of ₹350 crores and a shift toward high-margin value-added products, the growth outlook remains strong.
Key Highlights
9M FY26 Net Profit surged 241% YoY to ₹35 crores with EPS rising 151% to ₹3.49
Commissioned Alu-Zinc technology upgrade, increasing capacity by 36% to 1,80,000 TPA
Upcoming second color coating line in early FY27 to boost capacity by 174% to 2,36,000 TPA
Strong export momentum with a current order book of ₹350 crores and 67% revenue from exports in 9M FY26
7-MW solar plant expected in Q1 FY27 to offset 50-55% of grid power consumption
👀 What to Watch
Investors should monitor the timely commissioning of the second color coating line in FY27, which is a major growth catalyst. The company's ability to maintain high margins through value-added exports despite rising raw material costs makes it a strong candidate for long-term observation.
Manaksia Coated Metals Q3 Net Profit Jumps 47% YoY; 9M Profit Surges 241%
Manaksia Coated Metals reported a strong 9M FY26 performance with net profit surging 241% YoY to ₹35.32 Cr, despite a slight dip in Q3 revenue to ₹189.91 Cr due to a planned plant shutdown. The company successfully commissioned its Alu-Zinc line, increasing capacity to 1,80,000 MTPA, which is expected to drive high-margin growth. Operational efficiency is set to improve with a 7 MW solar plant reducing power costs by up to 35%. With a ₹350 Cr export order book and a second colour-coating line coming in Q4 FY26, the outlook for volume and margin expansion remains robust.
Key Highlights
9M FY26 Net Profit grew by 241% YoY to ₹35.32 Cr, with EBITDA margins expanding to 11.47% from 7.91%.
Credit rating upgraded to 'A' (Long Term) and 'A1' (Short Term) by Acuité, reflecting improved financial strength.
Commissioned Alu-Zinc line with 1,80,000 MTPA capacity; second colour-coating line expected in Q4 FY26.
Targeting Net Debt to EBITDA ratio of under 1x by FY26-end, a significant reduction from 1.93x in FY25.
Strong export order book of ₹350 Cr and 7 MW captive solar plant provide high visibility for future earnings.
👀 What to Watch
Investors should focus on the company's transition to high-margin Alu-Zinc products and significant debt reduction. The upcoming commissioning of the second colour-coating line in Q4 makes it a strong candidate for growth-oriented portfolios.
Manaksia Coated Metals 9M FY26 Net Profit Surges 241% to ₹35 Cr; EBITDA Margins Expand
Manaksia Coated Metals reported a massive 241% YoY growth in net profit for 9M FY26, reaching ₹35.32 crore, driven by improved margins and a shift toward value-added products. While Q3 revenue saw a slight dip of 8.6% due to a planned plant shutdown for technology upgrades, EBITDA margins expanded significantly by 356 bps for the nine-month period. The company successfully commissioned its upgraded Alu-Zinc line and expects a 174% increase in color coating capacity by Q1 FY27. Additionally, the company is on track to reduce its Net Debt to EBITDA ratio to under 1x by the end of FY26.
Key Highlights
9M FY26 Net Profit jumped 241.25% YoY to ₹35.32 Cr, while EBITDA rose 66.90% to ₹76.57 Cr.
EBITDA margins for 9M FY26 improved by 356 bps to 11.47% due to a better product mix.
Phase II expansion will increase color coating capacity by 174% to 2,36,000 MTPA by Q1 FY27.
Export order book remains healthy at approximately ₹350 Cr, with exports contributing 66.69% of sales.
Net Debt to EBITDA is projected to fall below 1x by FY26-end, down from 1.93x in FY25.
👀 What to Watch
Investors should view the temporary Q3 revenue dip as a transition phase for higher-margin Alu-Zinc production. The significant capacity expansion and debt reduction targets make this a strong growth story to watch in the specialty steel sector.
Manaksia Coated Metals Q3 Revenue Dips to ₹186.9 Cr; 9M Income Up 15% YoY
Manaksia Coated Metals reported a consolidated total income of ₹189.91 crore for the quarter ended December 31, 2025, a decline from ₹223.68 crore in the previous quarter. Despite the quarterly dip, the nine-month performance remains strong with total income reaching ₹667.52 crore, up from ₹579.81 crore in the corresponding period last year. The company's subsidiaries, JPA Snacks and Manaksia International FZE, contributed a marginal net loss of ₹22.05 lakhs for the nine-month period. Standalone revenue from operations for Q3 stood at ₹186.90 crore, showing a year-on-year decrease from ₹205.05 crore.
Key Highlights
Consolidated Total Income for 9M FY26 rose 15.1% YoY to ₹667.52 crore
Quarterly Consolidated Total Income fell 15.1% QoQ to ₹189.91 crore
Standalone Revenue from Operations for Q3 FY26 was ₹186.90 crore, down 8.9% YoY
Subsidiaries JPA Snacks and Manaksia International FZE reported a combined 9M net loss of ₹22.05 lakhs
Standalone cost of materials consumed for the quarter stood at ₹165.99 crore
👀 What to Watch
Investors should monitor the sequential decline in revenue and margin pressure evident in the Q3 results despite the year-to-date growth. The performance of the subsidiaries is currently immaterial but should be watched for any widening losses.
Manaksia Coated Metals Q3 Consolidated Net Profit Falls 13.3% YoY to ₹5.97 Crore
Manaksia Coated Metals & Industries reported a consolidated net profit of ₹5.97 crore for the quarter ended December 31, 2025, marking a 13.3% decline from ₹6.88 crore in the same period last year. Revenue from operations for the quarter also decreased by 8.8% YoY to ₹186.90 crore. Despite the quarterly dip, the company's nine-month performance remains positive, with total income rising 15.1% to ₹667.52 crore and net profit increasing 14.7% to ₹21.08 crore compared to the previous year's nine-month period. The quarterly results reflect a contraction in both top-line and bottom-line growth on a year-on-year basis.
Key Highlights
Consolidated Q3 Revenue from Operations fell 8.8% YoY to ₹186.90 crore from ₹205.05 crore.
Consolidated Q3 Net Profit declined 13.3% YoY to ₹5.97 crore from ₹6.88 crore.
Nine-month (9M FY26) Consolidated Net Profit grew 14.7% YoY to ₹21.08 crore.
Standalone Profit Before Tax (PBT) for Q3 stood at ₹8.15 crore compared to ₹9.27 crore YoY.
Total expenses for the quarter decreased to ₹181.73 crore from ₹198.53 crore in the previous year's quarter.
👀 What to Watch
Investors should be cautious as the quarterly performance shows a year-on-year decline in both revenue and profitability, suggesting margin pressure. While the nine-month cumulative growth is healthy, the recent quarterly slowdown warrants a closer look at demand trends in the coated metals segment.
Manaksia Coated Metals Expands Capacity to 180,000 MTPA with Alu-Zinc Upgrade
Manaksia Coated Metals has successfully commissioned its upgraded Continuous Galvanising Line, transitioning from conventional galvanised steel to premium Alu-Zinc technology. This strategic move has increased the facility's installed capacity by approximately 36%, moving from 132,000 MTPA to 180,000 MTPA. The upgrade is designed to improve operational efficiency through higher line speeds and lower energy consumption, targeting higher-margin domestic and export markets. With H1 FY26 EBITDA already at ₹58.07 Cr, this expansion is expected to further bolster profitability and EBITDA performance in the medium term.
Key Highlights
Successfully upgraded Continuous Galvanising Line to advanced Alu-Zinc coating technology
Increased total installed capacity from 132,000 MTPA to 180,000 MTPA
Shift towards higher-value products expected to improve EBITDA margins and operational efficiency
Strategic proximity to Kandla and Mundra ports supports export scalability for the new product mix
Reported H1 FY26 Net Profit of ₹27.97 Cr on a Total Income of ₹477.62 Cr
👀 What to Watch
Investors should monitor the capacity utilization and margin expansion in the upcoming quarters as the company transitions to higher-value Alu-Zinc products. The 36% capacity increase provides a clear runway for volume growth in FY27.
