NSEPress Release14 Jul 2026 · 14 Jul 2026, 05:44 pm
Press Release
Manaksia Coated Metals & Industries Limited · MANAKCOAT
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Manaksia Coated Metals & Industries Limited has announced its financial results for Q1 FY27, with a 162% QoQ surge in PAT, 87% growth in EBITDA, and revenue crossing ₹263 crore.
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Manaksia Coated Metals & Industries Limited has informed the Exchange regarding a press release dated July 14, 2026, titled "MANAKSIA COATED METALS & INDUSTRIES LIMITED ANNOUNCES FINANCIAL RESULTS FOR Q1 FY27".
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Sec/Coat/036/FY 2026-27 Date: 14.07.2026
The Secretary The Manager
BSE Limited National Stock Exchange of India Limited
New Trading Wing, Exchange Plaza, C-1, Block “G”
Rotunda Building, 5th floor, Bandra Kurla Complex,
PJ Tower, Dalal Street, Bandra East,
Mumbai- 400001 Mumbai- 400051
Scrip Code: 539046 Symbol: MANAKCOAT
Dear Madam/Sir,
Sub: Press Release
Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, enclosed is Press Release dated 14th July, 2026, titled “MANAKSIA COATED METALS &
INDUSTRIES LIMITED ANNOUNCES FINANCIAL RESULTS for Q1 FY27”.
This is for your information and for public at large.
Thanking you,
Yours faithfully,
For Manaksia Coated Metals & Industries Limited
Shruti Agarwal
Company Secretary & Compliance Officer
Membership No.: F12124
Encl: as stated above
PRESS RELEASE
CIN: L27100WB2010PLC144409 | BSE / NSE Listed
MANAKSIA COATED METALS & INDUSTRIES LIMITED ANNOUNCES
FINANCIAL RESULTS for Q1 FY27
PAT Surges 162% QoQ | EBITDA Grows 87% | Revenue Crosses ₹263 Crore | EBITDA per Ton at an All-Time
High of Rs. 10,401 / MT
Kolkata, 14th July 2026 - The Board of Directors of Manaksia Coated Metals & Industries Limited
(MCMIL) (BSE: 538598 / NSE: MANAKCOAT) today approved the Financial Results for the Quarter
ended 30th June’26, at its Board Meeting held on 14th July 2026.
FINANCIAL PERFORMANCE SNAPSHOT (CONSOLIDATED)
Particulars Q1 FY27 Q4 FY26 QoQ % Q1 FY26 YoY %
₹ Crore
Revenue from Operations 263.07 228.75 15.00% 253.94 3.59%
EBITDA 29.08 15.64 85.99% 28.62 1.64%
EBITDA Margin % 11.06% 6.84% +422 bps 11.27% -21 bps
Profit After Tax (PAT) 14.10 5.37 162.45% 14.01 0.67%
PAT Margin % 5.36% 2.35% +301 bps 5.52% -16 bps
Cash Profit 17.40 8.08 115.28% 16.15 7.73%
Finance Cost 6.86 6.54 4.77% 7.77 -11.77%
Diluted EPS (₹) 1.32 0.65 102.76% 1.42 -7.19%
* Amounts in ₹ Crore.
KEY OPERATING EFFICIENCY METRICS
Particulars Q1 FY27 Q4 FY26 QoQ % Q1 FY26 YoY %
₹/Ton
Realisation Per Ton 88,597 79,180 11.89% 82,971 6.78%
EBITDA/Ton 10,401 5562 87.01% 9,786 6.29%
MANAGEMENT COMMENTARY
“Q1 FY27 has been a quarter of strong operational execution for Manaksia Coated Metals & Industries
Limited, with sequential improvement across revenue, profitability, and operating metrics despite a
challenging global operating environment. EBITDA per tonne reached an all-time high of Rs. 10,401,
reflecting the benefits of higher realizations, improved operating efficiencies and increasing contribution
from value-added products.
During the quarter, the Aluminium-Zinc coating line continued to stabilize, achieving capacity utilisation
of approximately 62%. The upgraded Alu-Zinc and Pre-painted Alu-Zinc products have received
encouraging acceptance from both domestic and export customers, providing confidence in the gradual
ramp-up of capacity utilisation over the coming quarters. The benefits of the technology upgrade are
now becoming increasingly visible through improved realizations and stronger operating performance.
The quarter was also characterised by elevated raw material prices, with aluminium, zinc and paints
remaining at multi-year highs, alongside higher freight and fuel costs arising from geopolitical
disruptions. Despite these headwinds, the Company successfully passed on most raw material cost
increases to customers for all new order bookings, while uninterrupted plant operations ensured
continuity of production and timely execution.
Export performance remained resilient, driven by sustained demand across key international markets
and continued growth in value-added product exports, reinforcing the Company's strategy of
strengthening its presence in premium coated steel markets. The company successfully added four
new countries in its list of international market presence.
The Company also made significant progress on its strategic growth initiatives. The second colour
coating line has entered the advanced stages of erection and commissioning and remains on track for
commercialisation during Q2 FY27, substantially expanding our value-added production capacity.
Simultaneously, the 7 MW captive solar power project is progressing as planned and is expected to
reduce energy costs while enhancing our sustainability profile.
With a healthy export order book, improving capacity utilisation of the Alu-Zinc line, upcoming
commissioning of key expansion projects and continued focus on premiumisation, operational
excellence and cost optimisation, we remain well positioned to deliver sustainable growth and create
long-term value for all stakeholders.”
— Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries Limited
OPERATIONAL HIGHLIGHTS
Production of Galvanized / Alu-Zinc reached 27,941 MT for Q1FY27 (growth of +8% QoQ).
Production of Pre-Painted Steel grew by +4% to 20,510 MT.
Value-added Product Mix — Pre-Painted Steel contributed 74% of total sales in Q1FY27,
reflecting the Company's strategic focus on expanding its value-added product portfolio.
On the exports front, the Company sustained its strong export performance, with exports contributing
65% of total sales volume during the quarter. Export revenues registered a growth of 13% QoQ and
20% YoY, supported by a 25% increase in export sales of Pre-Painted Steel. YOY Continued
expansion into new export markets, including Latvia, Brazil, Jamaica, and Somalia, further reinforced
the Company's international presence and diversified its export portfolio.
STATUS OF KEY STRATEGIC PROJECTS
Project Key Details Status / Timeline
Alu-Zinc Capacity increased from 1,32,000 TPA to 1,80,000 TPA Commissioned: Dec
Technology (+36%). 100% Alu-Zinc capacity. 2025
Upgrade
2nd Colour New capacity: 1,50,000 TPA. Total colour coating capacity Commissioning: Q2
Coating Line rises from 86,000 to 2,36,000 TPA (+174%). FY27
7 MWp Solar Captive solar at Kutch facility. Offsets 50–55% of grid power Commissioning: Q2
Power Plant dependency. EPC: Prozeal Green Energy. FY27
Salesforce CRM 360° customer visibility, centralised order tracking, automated Implementation in
analytics, and improved demand forecasting across all sales Progress
channels.
ABOUT MANAKSIA COATED METALS & INDUSTRIES LIMITED
Manaksia Coated Metals & Industries Limited (MCMIL) is a prominent manufacturer and exporter of
coated steel products. MCMIL manufactures Pre-painted Steel and Alu-Zinc-coated steel in coil & sheet
forms. All value-added steel products are manufactured in the company’s facility in Kutch, Gujarat. Alu-
Zinc and Pre-painted Steel products are value-added and specialised steel products widely used in
various applications for construction, automotive, appliances, and general engineering industries.
Manufacturing highly value-added steel products, the company utilizes modern machinery and
meticulous attention to detail to meet customer specifications. Strategically situated, the company's
manufacturing facility in Kutch, Gujarat, is in close proximity to Kandla and Mundra Ports, enhancing
efficiency for exports, imports, and access to domestic coastal routes.
In summary, MCMIL is renowned for its quality, strategic locations, and commitment to customer
satisfaction. Positioned for ongoing success, it continues to drive innovation in the steel industry while
meeting diverse market demands.
INVESTOR RELATIONS & MEDIA CONTACT
Registered Office: For further information:
8/1 Lal Bazar Street, Bikaner Building, Go India Advisors
3rd Floor, Kolkata – 700 001 Ms.Sana Kapoor
Phone: +91-33-2243 5053 / 5054 Phone: +91 8146550469
Email: info@mcmil.in / company.secretary@mcmil.in Email: sana@goindiaadvisors.com
Website: www.manaksiacoatedmetals.com
Disclaimer: Certain statements that may be made or discussed at the conference call may be forward-looking statements.
Such forward-looking statements are subject to certain risks and uncertainties like significant changes in the economic
environment in India and abroad. Actual results might differ substantially from those expressed or im
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