{"id":43849,"date":"2025-07-24T10:48:02","date_gmt":"2025-07-24T05:18:02","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2025\/07\/24\/manaksia-coated-metals-and-industries-posts-370-jump-in-q1-fy26-net-profit-touches-rs-14-cr\/"},"modified":"2025-07-24T10:48:02","modified_gmt":"2025-07-24T05:18:02","slug":"manaksia-coated-metals-and-industries-posts-370-jump-in-q1-fy26-net-profit-touches-rs-14-cr","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2025\/07\/24\/manaksia-coated-metals-and-industries-posts-370-jump-in-q1-fy26-net-profit-touches-rs-14-cr\/","title":{"rendered":"Manaksia Coated Metals and Industries Posts 370% Jump in Q1 FY26 Net Profit, Touches Rs. 14 Cr"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], July 24:<\/strong> Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leading coated steel manufacturers and exporters.\u00a0Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has reported its Unaudited financials for Q1 FY26.<\/p>\n

Q1 FY26 Consolidated Key Financial Highlights<\/p>\n

\u2022 Total Income of \u20b9 253.94 Cr, YoY growth of 29.97%<\/p>\n

\u2022 EBITDA of \u20b9 28.62 Cr, YoY growth of 93.36%<\/p>\n

\u2022 EBITDA Margin of 11.27%, YoY growth of 370 Bps<\/p>\n

\u2022 Net Profit of \u20b9 14.01 Cr, YoY growth of 369.70%<\/p>\n

\u2022 Net Profit Margin of 5.52%, YoY growth of 399 Bps<\/p>\n

\u2022 EPS of \u20b9 1.42, YoY growth of 253.86%<\/p>\n

Q1 FY26 Standalone Key Financial Highlights<\/p>\n

\u2022 Total Income of \u20b9 253.89 Cr, YoY growth of 29.96%<\/p>\n

\u2022 EBITDA of \u20b9 28.62 Cr, YoY growth of 93.74%<\/p>\n

\u2022 EBITDA Margin of 11.27%, YoY growth of 371 Bps<\/p>\n

\u2022 Net Profit of \u20b9 14.10 Cr, YoY growth of 363.16%<\/p>\n

\u2022 Net Profit Margin of 5.55%, YoY growth of 399 Bps<\/p>\n

\u2022 EPS of \u20b9 1.43, YoY growth of 247.75%<\/p>\n

Other Key Consolidated Highlights for Q1 FY26<\/strong><\/p>\n

\u2022 EBITDA stood at \u20b928.62 Cr, marking a 93.36% YoY increase<\/p>\n

\u2022 Profit Before Tax rose by 364.43% YoY to \u20b918.70 Cr<\/p>\n

\u2022 Profit After Tax grew by 369.70% YoY to \u20b914.01Cr<\/p>\n

\u2022 Earnings Per Share improved by 253.86% YoY, reaching \u20b91.42<\/p>\n

\u2022 Total sales volume increase by 18.69% YoY reaching 29248 MT<\/p>\n

\u2022 Exports contributed \u20b9 141.83 Cr, which is 56.78% of the total revenue, whereas domestic revenue contributed \u20b9 107.95 Cr, which is 43.22% of the total revenue.<\/p>\n

\u2022 The production of Galvanized steel increased by 12.51% YoY in Q1 FY26.<\/p>\n

\u2022 The production of Pre \u2013 Painted steel coils grew by 14.66 % YoY in Q1 FY26.<\/p>\n

Commenting on the performance Mr. Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries Limited said, \u201cFY26 has commenced on a strong note, marked by the sustained momentum we\u2019ve built through Q1 FY26. This performance is a testament to the strength of our business fundamentals\u2014anchored in operational efficiency, strategic direction, and the rising demand for high-quality steel solutions in domestic as well as international markets. We\u2019ve registered strong growth across key financial and operational parameters, powered by sharper execution and a continued focus on customer needs.<\/p>\n

At our Kutch, Gujarat facility, we achieved robust capacity utilisation\u201485% on the continuous galvanising line and a full 100% on the colour coating line. These figures underscore the efficiency of our operations and the precision in our execution.<\/p>\n

Our export segment recorded a strong upswing in sales over the previous year, reflecting the growing global demand for our offerings. As we move into Q2 FY26, we have a solid order book in place\u2014\u20b9 337 Cr from exports and \u20b9 113 Cr from domestic markets. These orders are backed by enduring customer relationships, aligning with our strategic shift away from spot business to a more stable, relationship-driven model.<\/p>\n

Looking ahead, we are advancing steadily on our strategic roadmap. Initiatives such as the upgradation of our galvanising line to Alu-Zinc, the planned 7.0 MWp captive solar power plant, and the addition of a second colour coating line will enhance our product range, improve cost efficiency, and bolster our long-term competitiveness.<\/p>\n

The recent capital raise has strengthened our balance sheet, significantly lowering debt and interest costs, which will support future profitability and investments. We remain focused on disciplined execution, customer-centric innovation, and sustainable growth as we move into the next phase of our journey.\u201d<\/p>\n

Q1 FY26 Key Business Highlights<\/strong><\/p>\n

Warrant Conversion and Equity Allotment<\/p>\n

\u2022 Total Warrants Converted:<\/p>\n

o 1,36,65,000 warrants converted at \u20b918 per share<\/p>\n

o 1,15,17,500 warrants converted at \u20b965 per share<\/p>\n

\u2022 Allottee Category: Promoters & Non-Promoters<\/p>\n

\u2022 Post-Conversion Paid-up Capital: \u20b910.47 Cr (As on 30th June 2025)<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], July 24: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leading coated steel manufacturers and exporters.\u00a0Specializing in Pre-painted Galvanised Steel and … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":43850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-43849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/43849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=43849"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/43849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/43850"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=43849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=43849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=43849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}