Manaksia Coated Metals & Industries Limited (MANAKCOAT) — Announcement

1 Announcement Neutral 📄 PDF

📢 Key Event
Board approves Q1 results, reappointments and AGM details

🔄 What Changed
Rs 2.69 lakhs revenue, Rs 1,409.97 lakhs net profit

🔮 What's Next
AGM scheduled for September 3, 2026

💡 Investor Takeaway
Shareholders gain clarity on leadership continuity and upcoming AGM timing.

Manaksia Coated Metals & Industries Limited announced unaudited financial results for Q1 FY2026 ending June 30, 2026, approved reappointments of Sushil Kumar Agrawal and Karan Agrawal, set AGM for September 3, 2026, declared record and dividend dates, adopted revised disclosure policies, and appointed Devansh Agrawal as Vice-President Business Development at Rs 8 lakh monthly remuneration.

2 Announcement Neutral 📄 PDF

📢 Key Event
Q1 FY27 revenue reached Rs. 263.07 crores with EBITDA of Rs. 28.62 crores and PAT of Rs. 14.10 crores.

🔄 What Changed
Revenue grew 89% YoY; EBITDA margin improved to 11.06%; PAT margin rose to 5.36%; export share increased to 64.93%

🔮 What's Next
New colour coating line to be commissioned in Q2 FY27; 7 MW captive solar plant to be commissioned by Q2 FY27; Cold Rolling Mill complex targeted for FY28

💡 Investor Takeaway
The company is executing a clear expansion strategy to boost capacity, reduce costs, and enhance margins, positioning for strong growth by FY29.

Manaksia Coated Metals & Industries Limited (MANAKCOAT) presented its Q1 FY27 investor presentation, highlighting robust revenue growth to Rs. 263.07 crores, EBITDA of Rs. 28.62 crores, and PAT of Rs. 14.10 crores, driven by strong export demand and value-added product mix. The company announced strategic capacity expansions, including a new colour coating line by Q2 FY27 and a 7 MW captive solar plant by Q2 FY27 to cut power costs by up to 40%. Backward integration via a Cold Rolling Mill complex is planned for FY28 to enhance margins and supply chain resilience. Management expressed confidence in achieving its FY29 vision of tripling output and profitability, supported by a healthy order book and improved margins.

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