StockWatch
·
Iron & Steel Products
Quarterly Result14 Jul 2026, 05:50 pm

Manaksia Coated Metals Q1 FY27 PAT Surges 162% to ₹14.10 Cr

AI Summary

Manaksia Coated Metals & Industries Limited (MCMIL) announced its financial results for Q1 FY27, reporting a significant 162.45% quarter-on-quarter surge in Profit After Tax (PAT) to ₹14.10 Crore. Revenue from operations crossed ₹263 Crore, a 15% increase QoQ. EBITDA grew by 85.99% QoQ to ₹29.08 Crore, with EBITDA per Ton reaching an all-time high of Rs. 10,401. The company highlighted strong operational execution, improved realizations, and increasing contribution from value-added products. Strategic projects, including a second color coating line and a captive solar power project, are progressing well and expected to enhance future performance and sustainability.

Key Highlights

  • PAT surged 162% QoQ to ₹14.10 Cr.
  • Revenue crossed ₹263 Cr, up 15% QoQ.
  • EBITDA grew 86% QoQ to ₹29.08 Cr.
  • EBITDA per Ton hit an all-time high of Rs. 10,401.
  • Value-added products formed 74% of sales.