Manaksia Coated Metals & Industries Ltd Q2 FY26 Results
MANAKCOATQ2 FY26 ResultsAnnounced 27 Oct 2025, 05:03 pm| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 220.33 | 11.8% | 26.0% |
| Total Income | 223.68 | 11.9% | 26.7% |
| Expenditure | 204.66 | 13.0% | 17.2% |
| PBT | 19.02 | 1.8% | 505.0% |
| Net Profit | 13.96 | 0.3% | 490.6% |
| OPM | 11.84% | 2.04pp | 17.12pp |
| NPM | 6.24% | 0.72pp | 4.90pp |
| EPS | 1.45 | 1.4% | 353.1% |
Manaksia Coated Metals & Industries Q2 FY26 Net Profit Surges by 491% YoY to =14 Cr
28 Oct 2025 · 28 Oct 2025, 05:52 pm
Summary
Manaksia Coated Metals & Industries Limited, a leading coated steel manufacturer and exporter, has reported its unaudited financials for Q2 & H1 FY26. The company's net profit surged by 491% YoY to ₹ 14 Cr in Q2 FY26. Galvanized Steel production rose by 7.91% and PPGI Steel production reached 21,653 MT in Q2 FY26, showing a YoY growth of 18.21%. Value-added products (PPGI) contributed 92% of total sales volume. Exports accounted for 85.06% of total sales, an all-time high. Export revenue increased by 151% YoY in Q2 FY26 and by 163% YoY in H1 FY26.
Key Highlights
- 1
Q2 FY26 revenue grew by 26.66% YoY to ₹ 3223.68 crore
- 2
EBITDA more than doubled, growing by 112.95% YoY to ₹ 29.45 crore
- 3
PAT of ₹ 13.96 crore, a remarkable 491% growth YoY
- 4
High PAT margin of 6.24%
- 5
Export sales increased significantly, now contributing over 85% of total revenue
- 6
Debt-to-Equity ratio improved to 1.19x
- 7
Total debt reduced by 27% since March 2025
- 8
Aluminium-Zine Coating Line upgradation to begin in FY26
- 9
New Colour Coating Line to increase total colour coating capacity by over 170%
- 10
7 MWp Solar Power Plant project initiated at Kutch
Management Comments
Mr. Karan Agrawal
Whole Time Director, Manaksia Coated Metals & Industries Limited
We are delighted to report another strong quarter for MCMIL, marked by robust operational performance, significant improvement in profitability, and continued execution of our strategic growth initiatives. Revenue for Q2 FY26 grew by 26.66% year-on-year, reaching ₹ 3223.68 crore, driven by export volumes and a diverse product mix. Our EBITDA more than doubled, growing by 112.95% YoY to ₹ 29.45 crore, with margins expanding by 534 basis points to 13.17% — reflecting our sustained efforts toward value addition, cost optimization, and operational discipline. This strong performance translated into a PAT of ₹ 13.96 crore, a remarkable 491% growth YoY, and the high PAT margin of 6.24%.
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