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 ₹ 1,475 Cr.
- Current Price ₹ 139
- High / Low ₹ 183 / 61.9
- Stock P/E 38.8
- Book Value ₹ 31.7
- Dividend Yield 0.04 %
- ROCE 15.4 %
- ROE 8.11 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 40.1% CAGR over last 5 years
Cons
- Stock is trading at 4.32 times its book value
- Promoter holding has decreased over last quarter: -0.62%
- Company has a low return on equity of 7.38% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 225 | 269 | 253 | 265 | 247 | 446 | 648 | 652 | 740 | 782 | 883 | |
| 212 | 256 | 238 | 242 | 221 | 413 | 613 | 619 | 689 | 728 | 803 | |
| Operating Profit | 12 | 14 | 15 | 22 | 26 | 33 | 35 | 33 | 51 | 54 | 80 |
| OPM % | 5% | 5% | 6% | 8% | 10% | 7% | 5% | 5% | 7% | 7% | 9% |
| 4 | 2 | 3 | 4 | 1 | 3 | 9 | 10 | 6 | 9 | 12 | |
| Interest | 4 | 4 | 6 | 14 | 17 | 19 | 23 | 22 | 33 | 33 | 32 |
| Depreciation | 10 | 8 | 8 | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Profit before tax | 3 | 3 | 4 | 2 | 1 | 8 | 11 | 12 | 15 | 21 | 51 |
| Tax % | -14% | 78% | 51% | 120% | -250% | 22% | 24% | 20% | 25% | 25% | |
| 3 | 1 | 2 | -0 | 3 | 6 | 9 | 9 | 11 | 15 | 38 | |
| EPS in Rs | 0.44 | 0.10 | 0.30 | -0.06 | 0.43 | 0.89 | 1.32 | 1.43 | 1.51 | 1.94 | 3.96 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 2% | 3% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 6% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 22% |
| TTM: | 180% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 93% |
| 3 Years: | 98% |
| 1 Year: | 117% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 11 |
| Reserves | 76 | 80 | 82 | 83 | 87 | 93 | 102 | 113 | 145 | 219 | 324 |
| 52 | 58 | 124 | 128 | 138 | 147 | 178 | 190 | 178 | 145 | 103 | |
| 75 | 89 | 97 | 137 | 150 | 191 | 198 | 239 | 207 | 275 | 308 | |
| Total Liabilities | 209 | 234 | 309 | 354 | 381 | 438 | 484 | 548 | 537 | 646 | 746 |
| 73 | 100 | 157 | 148 | 144 | 136 | 130 | 122 | 119 | 112 | 109 | |
| CWIP | 45 | 35 | 4 | 47 | 45 | 51 | 40 | 49 | 49 | 68 | 80 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 91 | 98 | 149 | 158 | 192 | 252 | 313 | 377 | 369 | 465 | 557 | |
| Total Assets | 209 | 234 | 309 | 354 | 381 | 438 | 484 | 548 | 537 | 646 | 746 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 | 22 | -22 | 49 | 6 | 20 | -13 | 8 | 22 | 30 | |
| -13 | -25 | -33 | -43 | -0 | -6 | 9 | -7 | -6 | -20 | |
| -19 | 3 | 61 | -13 | -5 | -12 | 6 | -6 | -16 | -10 | |
| Net Cash Flow | -1 | 0 | 6 | -7 | 0 | 2 | 2 | -4 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 56 | 47 | 35 | 37 | 38 | 27 | 24 | 27 | 24 |
| Inventory Days | 43 | 51 | 97 | 171 | 265 | 163 | 151 | 180 | 143 | 171 |
| Days Payable | 93 | 84 | 89 | 139 | 188 | 123 | 103 | 138 | 102 | 142 |
| Cash Conversion Cycle | 22 | 23 | 54 | 67 | 114 | 78 | 75 | 66 | 68 | 53 |
| Working Capital Days | -11 | 9 | 28 | 1 | 18 | 17 | 9 | 14 | 20 | 49 |
| ROCE % | 5% | 5% | 8% | 8% | 11% | 13% | 10% | 15% | 15% |
Documents
Announcements
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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.
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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
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General Updates
5 Nov - Corrected investor-call audio link for quarter ended September 30, 2025 provided.
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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
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Concalls
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Nov 2025Transcript PPT
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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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.