Manaksia Coated Metals & Industries Ltd
Incorporated in 2010, Manaksia Coated Metals & Industries Ltd specializes in manufacturing and exporting high-performance coated metal products.[1]
- Market Cap ₹ 1,483 Cr.
- Current Price ₹ 140
- High / Low ₹ 183 / 61.9
- Stock P/E 38.7
- Book Value ₹ 31.2
- Dividend Yield 0.04 %
- ROCE 15.6 %
- ROE 8.43 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 25.9% CAGR over last 5 years
Cons
- Stock is trading at 4.40 times its book value
- Promoter holding has decreased over last quarter: -0.62%
- Company has a low return on equity of 7.49% over last 3 years.
- Company's cost of borrowing seems high
* 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.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 168 | 215 | 224 | 255 | 229 | 251 | 246 | 446 | 648 | 652 | 740 | 782 | 883 | |
| 158 | 208 | 212 | 242 | 214 | 228 | 219 | 412 | 613 | 619 | 689 | 728 | 803 | |
| Operating Profit | 10 | 7 | 12 | 13 | 15 | 23 | 27 | 33 | 35 | 33 | 51 | 54 | 80 |
| OPM % | 6% | 3% | 5% | 5% | 7% | 9% | 11% | 8% | 5% | 5% | 7% | 7% | 9% |
| 0 | 3 | 4 | 2 | 3 | 3 | 2 | 2 | 8 | 5 | 6 | 9 | 12 | |
| Interest | 4 | 5 | 4 | 4 | 5 | 14 | 17 | 19 | 23 | 22 | 33 | 33 | 32 |
| Depreciation | 4 | 15 | 10 | 8 | 8 | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 8 |
| Profit before tax | 2 | -11 | 3 | 3 | 5 | 3 | 3 | 8 | 12 | 7 | 15 | 21 | 51 |
| Tax % | 54% | -31% | -14% | 89% | 42% | 91% | -69% | 20% | 24% | 32% | 24% | 25% | |
| 1 | -7 | 3 | 0 | 3 | 0 | 5 | 6 | 9 | 5 | 12 | 16 | 38 | |
| EPS in Rs | 20.20 | -1.12 | 0.45 | 0.04 | 0.42 | 0.04 | 0.74 | 0.98 | 1.37 | 0.77 | 1.57 | 1.97 | 3.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 4% | 3% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 26% |
| 3 Years: | 6% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 26% |
| 3 Years: | 21% |
| TTM: | 174% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 93% |
| 3 Years: | 98% |
| 1 Year: | 117% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 11 |
| Reserves | 88 | 73 | 76 | 80 | 83 | 83 | 88 | 94 | 103 | 108 | 141 | 215 | 320 |
| 55 | 68 | 52 | 58 | 119 | 124 | 133 | 143 | 173 | 190 | 178 | 145 | 103 | |
| 118 | 69 | 73 | 85 | 91 | 133 | 146 | 188 | 195 | 237 | 205 | 272 | 305 | |
| Total Liabilities | 261 | 217 | 208 | 229 | 300 | 346 | 373 | 432 | 478 | 541 | 531 | 640 | 739 |
| 93 | 81 | 73 | 96 | 152 | 144 | 140 | 132 | 127 | 119 | 117 | 111 | 107 | |
| CWIP | 22 | 33 | 45 | 35 | 4 | 47 | 45 | 51 | 40 | 49 | 49 | 68 | 80 |
| Investments | 0 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| 146 | 102 | 90 | 98 | 134 | 145 | 178 | 239 | 301 | 364 | 355 | 451 | 542 | |
| Total Assets | 261 | 217 | 208 | 229 | 300 | 346 | 373 | 432 | 478 | 541 | 531 | 640 | 739 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | -1 | 31 | 20 | -8 | 51 | 7 | 20 | -12 | 8 | 22 | 30 | |
| -9 | -15 | -13 | -24 | -41 | -46 | -1 | -6 | 9 | -8 | -6 | -20 | |
| -4 | 18 | -20 | 3 | 56 | -12 | -6 | -13 | 5 | -4 | -16 | -10 | |
| Net Cash Flow | 0 | 3 | -2 | -1 | 7 | -7 | 0 | 2 | 2 | -4 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 150 | 40 | 72 | 62 | 47 | 35 | 35 | 38 | 27 | 24 | 27 | 23 |
| Inventory Days | 132 | 101 | 43 | 55 | 107 | 180 | 264 | 163 | 151 | 180 | 143 | 171 |
| Days Payable | 249 | 86 | 92 | 84 | 97 | 146 | 186 | 123 | 103 | 138 | 102 | 142 |
| Cash Conversion Cycle | 33 | 56 | 23 | 33 | 58 | 69 | 113 | 78 | 75 | 66 | 68 | 52 |
| Working Capital Days | 16 | -9 | -10 | 18 | 20 | -9 | 10 | 13 | 6 | 7 | 15 | 43 |
| ROCE % | -4% | 5% | 5% | 6% | 8% | 9% | 12% | 13% | 10% | 15% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Nov - Monitoring agency reports Rs134.55 crore preferential issue; Rs120.90 crore received, Rs13.65 crore unutilized as of Sep 30, 2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Nov - Announces 7 MWp captive solar plant in Gujarat, commissioning targeted Q1 FY27, ~13.30M units/year, offsets ~9,000 tCO₂.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 5 Nov
-
General Updates
5 Nov - Corrected investor-call audio link for quarter ended September 30, 2025 provided.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
3 Nov - Signed ₹500 Cr MoUs to supply 50,000 MT over 12 months to European clients (Nov 3, 2025).
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
Concalls
-
Nov 2025Transcript PPT
-
Jul 2025Transcript PPT REC
-
May 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Aug 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
Business Profile[1]
Manaksia Coated Metals & Industries Ltd specializes in manufacturing and export of high-performance coated metal products, primarily focusing on galvanized and pre-painted steel solutions. The company produces these in coil and sheet forms serving diverse industries such as construction, automotive, home appliances, FMCG, and general engineering.