Press Release

Sec/Coat/067/FY 2026-27 Dated: 29.10.2026 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 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 October 28, 2026, titled “FINANCIAL RESULTS for Q2 & H1FY27”. 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 Q2 & H1 FY27 Achieves Record Revenue, EBITDA and PAT in Q2 and H1 FY27 | Q2FY27 - PAT Grows 33% QoQ | EBITDA Grows 27% QoQ | Revenue Crosses ₹321 Crore | EBITDA/Ton improves to Rs. 11,536 / MT Kolkata, 28 October 2026 - The Board of Directors of Manaksia Coated Metals & Industries Limited (MCMIL) (BSE: 538598 / NSE: MANAKCOAT) today approved the Financial Results for the Quarter and Half Year ended 30th September’26, at its Board Meeting held on 28 October 2026. FINANCIAL PERFORMANCE SNAPSHOT (CONSOLIDATED) Q2 Q1 Q2 H1 H1 Particulars QoQ % YoY % YoY % FY27 FY27 FY26 FY27 FY26 ₹ Crore Revenue from 321.55 263.07 22.23% 223.68 43.75% 584.62 477.62 22.40% Operations EBITDA 36.91 29.09 26.88% 29.45 25.33% 66 58.07 13.66% EBITDA Margin 11.48% 11.06% 3.80% 13.17% -12.83% 11.29% 12.16% -7.15% Profit After Tax 18.73 14.1 32.87% 13.96 34.17% 32.83 27.97 17.38% (PAT) PAT Margin % 5.83% 5.36% 8.77% 6.24% -6.57% 5.62% 5.86% -4.10% Total Comprehensive 19.02 14.07 35.24% 14.59 30.42% 33.09 28.59 15.76% Income Cash Profit 22.06 17.4 26.78% 16.13 36.76% 39.46 32.28 22.24% Finance Cost 8.48 6.86 23.62% 8.26 2.62% 15.33 16.03 -4.36% Diluted EPS (₹) 1.75 1.32 32.67% 1.43 22.46% 3.09 2.81 10.07% * Amounts in ₹ Crore. KEY OPERATING EFFICIENCY METRICS Particulars Q2 FY27 Q1 FY27 QoQ % Q2 FY26 YoY % H1 FY27 H1 FY26 YoY % ₹/Ton Realisation Per Ton 95,291 88,597 7.56% 88,011 8.27 92,171 85,245 8.12% EBITDA/Ton 11,536 10,411 10.81% 12,253 -5.85% 11,011 10,898 1.04% MANAGEMENT COMMENTARY “Q2 FY27 marks a significant milestone for Manaksia Coated Metals & Industries Limited, with the Company achieving record revenue, EBITDA and PAT for the quarter and half year. The strong performance reflects improved realizations, a growing contribution from value-added products, and our continued focus on operational efficiencies. Q2FY27 EBITDA per MT reached an impressive level of ₹ 11,536 highlighting the positive impact of our Alu-Zinc technology upgrade, disciplined pricing, and increasing traction in niche market segments. The upgraded Alu-Zinc Steel portfolio continues to gain market acceptance, particularly across specialized applications such as drywall systems, metal ceilings and premium metal roofing. Our products are gaining traction across both domestic and export markets, with encouraging demand from new markets in South and Central America. Pre-painted steel also continued to perform well, strengthening our presence in premium coated steel markets. Exports remained a key growth driver, supported by a robust order book and our expanding presence across international markets. The quarter continued to be marked by geopolitical uncertainties and elevated freight, fuel, and raw material costs. Despite these challenges, our pricing discipline enabled us to pass on most raw material cost increases to customers on new orders. We also adopted break-bulk shipment mode for large-scale exports to Europe to mitigate the impact of high container freight costs. These measures, alongside improved realizations and a richer product mix, supported margins and overall profitability. We continue to make progress on our strategic expansion plans. The second colour coating line is in the final stages of trials and pre-commissioning, with commissioning targeted for Q3 FY27. This expansion will significantly enhance our pre-painted steel capacity, improve our ability to fulfill large customer orders, and increase the contribution of value-added products. The 7 MW captive solar power plant is also nearing readiness and grid connectivity, with commissioning targeted for Q3 FY27, and is expected to improve energy cost efficiency and reduce dependence on grid power. Looking ahead, our focus remains on capacity expansion, backward integration, product premiumization and operational excellence. With a robust order book, encouraging customer response to our value-added products, and key expansion projects progressing as planned, we remain focused on achieving our FY29 vision of tripling output, revenue and profitability.” — Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries Limited OPERATIONAL HIGHLIGHTS Value-added Product Mix — Pre-painted Steel contributed 69.19% of total sales in Q2 FY27 (70.07% in H1 FY27) and Alu-Zinc Steel 26.48%, reflecting the Company's strategic focus on expanding its value-added product portfolio. Strong Export Performance: Export revenue grew 33.41% QoQ and 21.16% YoY to Rs. 227.07 crore in Q2 FY27, contributing 71.25% of total revenue, while H1 FY27 exports reached an all-time high of 40,561 MT, generating Rs. 397.28 crore in revenue, up 20.67% YoY. The export order book stands at Rs. 420 Crore (80% of the total order book of Rs. 525 Crore), to be executed over the next five months. The Company's export presence spans over 22 countries across five continents. 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 2025 Technology (+36%). 100% Alu-Zinc capacity. Upgrade 2nd Colour New capacity: 1,50,000 TPA. Total colour coating capacity Commissioning: Q3 FY27 Coating Line rises from 86,000 to 2,36,000 TPA (+174%). Currently in the final stages of trials and pre-commissioning. 7 MW Solar Captive solar at Kutch facility. Offsets 50–55% of grid Commissioning: Q3 FY27 Power Plant power dependency. Offsets 50–55% of grid power dependency. EPC: Prozeal Green Energy. Currently in the final stages of readiness and grid connectivity. Salesforce CRM 360° customer visibility, centralized order tracking, Go-Live Target: automated analytics, and improved demand forecasting Q3 FY27 across all sales channels. MES Software New world-class MES at the Kutch facility for centralized Go-Live Target: Implementation control of production, process, yield, quality, planning and Q1 FY28 despatch through a single software platform. 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 utilises 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. INVEST [Showing first 8,000 characters — download PDF for full document]