Metal Coatings (India) Ltd

Metal Coatings (India) Ltd

₹ 57.8 5.04%
05 Jun - close price
About

Incorporated in 1994, Metal Coatings (India) Ltd deals in Cold Rolled Steel Strips, H. R. Pickled & Oiled coils/strips.[1]

Key Points

Business Overview:[1]
MCIL is a part of the Khandelwal family. The company is engaged in the manufacturing and sale of cold
rolled (CR) steel strips or coils and hot rolled (HR) pickled and oiled steel strips or coils.

  • Market Cap 42.3 Cr.
  • Current Price 57.8
  • High / Low 82.8 / 45.6
  • Stock P/E 17.6
  • Book Value 60.0
  • Dividend Yield 1.73 %
  • ROCE 7.01 %
  • ROE 5.57 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.96 times its book value
  • Company has been maintaining a healthy dividend payout of 20.5%

Cons

  • The company has delivered a poor sales growth of 9.63% over past five years.
  • Company has a low return on equity of 5.95% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
43.30 39.23 43.06 42.13 43.98 39.62 40.83 39.02 40.78 35.03 38.98 38.22 36.75
41.65 38.59 42.38 41.47 42.73 38.64 39.83 37.50 38.98 34.56 38.09 37.14 36.26
Operating Profit 1.65 0.64 0.68 0.66 1.25 0.98 1.00 1.52 1.80 0.47 0.89 1.08 0.49
OPM % 3.81% 1.63% 1.58% 1.57% 2.84% 2.47% 2.45% 3.90% 4.41% 1.34% 2.28% 2.83% 1.33%
0.14 0.13 0.15 0.09 0.15 0.19 0.24 0.21 0.12 0.40 0.23 0.28 -0.07
Interest 0.02 0.00 0.00 0.00 0.01 0.00 0.00 2.34 0.03 0.01 0.01 0.01 -0.02
Depreciation 0.14 0.13 0.13 0.13 0.14 0.15 0.15 0.15 0.15 0.14 0.14 0.14 0.14
Profit before tax 1.63 0.64 0.70 0.62 1.25 1.02 1.09 -0.76 1.74 0.72 0.97 1.21 0.30
Tax % 26.38% 20.31% 22.86% 19.35% 23.20% 25.49% 25.69% -30.26% 23.56% 15.28% 26.80% 20.66% 56.67%
1.21 0.51 0.54 0.50 0.95 0.76 0.81 -0.53 1.33 0.61 0.70 0.96 0.13
EPS in Rs 1.65 0.70 0.74 0.68 1.30 1.04 1.11 -0.72 1.82 0.83 0.96 1.31 0.18
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
114 92 98 110 154 120 94 142 170 168 159 149
110 88 93 107 150 116 91 139 166 164 154 146
Operating Profit 4 4 4 4 4 4 3 3 4 3 5 3
OPM % 4% 4% 5% 4% 3% 3% 3% 2% 2% 2% 3% 2%
0 0 1 0 1 1 1 1 0 1 1 1
Interest 2 1 1 0 1 0 0 0 0 0 2 0
Depreciation 1 1 1 1 1 1 1 0 0 1 1 1
Profit before tax 2 2 3 3 4 4 3 4 4 3 3 3
Tax % 32% 35% 34% 37% 25% 26% 25% 25% 24% 22% 23% 24%
1 2 2 2 3 3 3 3 3 2 2 2
EPS in Rs 1.92 2.06 2.66 2.72 4.19 3.89 3.51 3.85 3.77 3.41 3.23 3.28
Dividend Payout % 52% 49% 38% 37% 12% 0% 0% 0% 0% 0% 31% 31%
Compounded Sales Growth
10 Years: 5%
5 Years: 10%
3 Years: -4%
TTM: -7%
Compounded Profit Growth
10 Years: 5%
5 Years: -1%
3 Years: -5%
TTM: 1%
Stock Price CAGR
10 Years: 4%
5 Years: 11%
3 Years: -17%
1 Year: -19%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 6%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 14 15 17 18 19 22 24 27 30 32 35 37
13 17 11 10 8 4 10 10 0 2 2 4
5 5 5 5 6 5 5 6 6 6 9 9
Total Liabilities 40 45 40 39 40 38 46 49 43 48 53 56
8 8 7 6 5 5 5 5 6 6 6 5
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 3 3 0 0 0 1 0 0 0 5 8 9
28 34 32 33 35 31 41 45 38 37 39 42
Total Assets 40 45 40 39 40 38 46 49 43 48 53 56

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
4 -1 4 1 3 8 -5 -6 11 3 6 -1
-0 -0 3 0 0 -2 2 0 -1 -5 -3 0
-3 3 -7 -2 -3 -4 6 0 -10 2 -3 1
Net Cash Flow 0 2 0 -0 0 2 3 -5 0 -0 0 0
Free Cash Flow 3 -1 4 2 3 8 -5 -6 10 2 5 -1
CFO/OP 100% 5% 111% 67% 84% 251% -109% -150% 332% 113% 127% -9%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 62 79 84 80 65 74 98 71 60 62 51 71
Inventory Days 26 47 38 31 16 11 37 33 16 16 24 32
Days Payable 0 3 2 0 2 1 1 1 1 1 4 3
Cash Conversion Cycle 88 124 120 111 79 84 135 103 76 78 70 100
Working Capital Days 34 38 66 64 52 64 86 79 69 62 64 95
ROCE % 11% 10% 12% 10% 13% 12% 9% 9% 9% 8% 13% 7%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
Employees

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Electricity Consumption per Unit of Production
KWH/MT
Installed Capacity - Cold Rolled (CR) Steel Strips or Coils
MTPA
Installed Capacity - Hot Rolled (HR) Pickled and Oiled Steel Strips or Coils
MTPA
Estimated Annual Production (Derived from Energy Consumption)
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.36% 70.36% 70.35% 70.43% 70.43% 70.43% 70.43% 70.48% 70.52% 70.74% 70.89% 70.94%
0.00% 0.00% 0.00% 0.00% 0.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
29.64% 29.64% 29.64% 29.56% 29.09% 29.56% 29.56% 29.53% 29.48% 29.27% 29.11% 29.06%
No. of Shareholders 1,7321,7332,1212,1262,2472,3802,3922,4002,4132,4912,4772,551

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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