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 ₹ 1,250 Cr.
- Current Price ₹ 118
- High / Low ₹ 183 / 94.2
- Stock P/E 30.7
- Book Value ₹ 33.0
- Dividend Yield 0.04 %
- ROCE 19.9 %
- ROE 14.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 47.5% CAGR over last 5 years
Cons
- Company has a low return on equity of 11.0% over last 3 years.
- Debtor days have increased from 30.6 to 40.4 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -9.65%
- Working capital days have increased from 52.0 days to 87.2 days
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 225 | 269 | 253 | 265 | 247 | 446 | 648 | 652 | 740 | 782 | 884 | 897 | |
| 212 | 256 | 238 | 242 | 221 | 413 | 613 | 619 | 689 | 728 | 804 | 813 | |
| Operating Profit | 12 | 14 | 15 | 22 | 26 | 33 | 35 | 33 | 51 | 54 | 80 | 84 |
| OPM % | 5% | 5% | 6% | 8% | 10% | 7% | 5% | 5% | 7% | 7% | 9% | 9% |
| 4 | 2 | 3 | 4 | 1 | 3 | 9 | 10 | 6 | 9 | 12 | 9 | |
| Interest | 4 | 4 | 6 | 14 | 17 | 19 | 23 | 22 | 33 | 33 | 29 | 28 |
| Depreciation | 10 | 8 | 8 | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 10 |
| Profit before tax | 3 | 3 | 4 | 2 | 1 | 8 | 11 | 12 | 15 | 21 | 54 | 54 |
| Tax % | -14% | 78% | 51% | 120% | -250% | 22% | 24% | 20% | 25% | 25% | 24% | |
| 3 | 1 | 2 | -0 | 3 | 6 | 9 | 9 | 11 | 15 | 41 | 41 | |
| EPS in Rs | 0.44 | 0.10 | 0.30 | -0.06 | 0.43 | 0.89 | 1.32 | 1.43 | 1.51 | 1.94 | 3.84 | 3.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 2% | 3% | 3% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 15% |
| 3 Years: | 11% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 47% |
| 3 Years: | 93% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 56% |
| 3 Years: | 90% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 14% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 11 |
| Reserves | 76 | 80 | 82 | 83 | 87 | 93 | 102 | 113 | 145 | 219 | 338 |
| 52 | 58 | 124 | 128 | 138 | 147 | 178 | 190 | 178 | 145 | 115 | |
| 75 | 89 | 97 | 137 | 150 | 191 | 198 | 239 | 207 | 275 | 290 | |
| Total Liabilities | 209 | 234 | 309 | 354 | 381 | 438 | 484 | 548 | 537 | 646 | 755 |
| 73 | 100 | 157 | 148 | 144 | 136 | 130 | 122 | 119 | 112 | 168 | |
| CWIP | 45 | 35 | 4 | 47 | 45 | 51 | 40 | 49 | 49 | 68 | 31 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 91 | 98 | 149 | 158 | 192 | 252 | 313 | 377 | 369 | 465 | 556 | |
| Total Assets | 209 | 234 | 309 | 354 | 381 | 438 | 484 | 548 | 537 | 646 | 755 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 | 22 | -22 | 49 | 6 | 20 | -13 | 8 | 22 | 30 | -9 | |
| -13 | -25 | -33 | -43 | -0 | -6 | 9 | -7 | -6 | -20 | -17 | |
| -19 | 3 | 61 | -13 | -5 | -12 | 6 | -6 | -16 | -10 | 25 | |
| Net Cash Flow | -1 | 0 | 6 | -7 | 0 | 2 | 2 | -4 | 0 | -0 | -1 |
| Free Cash Flow | 17 | -4 | -56 | 4 | 3 | 13 | -5 | -1 | 15 | 8 | -29 |
| CFO/OP | 253% | 178% | -140% | 226% | 24% | 60% | -35% | 33% | 46% | 64% | 6% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 56 | 47 | 35 | 37 | 38 | 27 | 24 | 27 | 24 | 40 |
| Inventory Days | 43 | 51 | 97 | 171 | 265 | 163 | 151 | 180 | 143 | 171 | 188 |
| Days Payable | 93 | 84 | 89 | 139 | 188 | 123 | 103 | 138 | 102 | 142 | 135 |
| Cash Conversion Cycle | 22 | 23 | 54 | 67 | 114 | 78 | 75 | 66 | 68 | 53 | 93 |
| Working Capital Days | -11 | 9 | 28 | 1 | 18 | 17 | 9 | 14 | 20 | 49 | 87 |
| ROCE % | 5% | 5% | 8% | 8% | 11% | 13% | 10% | 15% | 15% | 20% |
Insights
In beta| Mar 2006 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | Mar 2028 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Share of Revenue % |
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| Pre-painted Steel Share of Total Sales Volume % |
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| Total Sales Volume MT |
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| Galvanizing/Alu-Zinc Line Installed Capacity MTPA |
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| Pre-painted Steel Installed Capacity MTPA |
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| Color Coating Line Capacity Utilization % |
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| Galvanizing Line Capacity Utilization % |
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| Order Book Rs Cr |
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Extracted by Screener AI
Documents
Announcements
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Letter To Shareholders Under Regulation 36 (1) (B)
- 16th AGM on 3 September 2026 via VC/OAVM; annual report and notice shared with shareholders.
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Letter To Shareholders As Reminder To Update KYC Details
- 12 Aug 2026 reminder to physical shareholders to update KYC details and dematerialize shares.
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Reg. 34 (1) Annual Report.
- 16th AGM on 3 September 2026; FY26 annual report and notice submitted.
- Annual Report And Notice Of AGM For The F.Y 2025-26
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
Concalls
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Jul 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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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 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
Business Profile[1][2]
MCMIL converts purchased cold-rolled steel into Aluminium-Zinc/Galvalume-coated coils and sheets—GL and Pre-painted Aluminium-Zinc/Galvanised coils and sheets—PPGL/PPGI
The manufacturing chain is:
Purchased CRC → Aluminium-Zinc coating → external GL sale or internal processing through the colour-coating line → PPGL.
The Product applications include roofing, cladding, industrial buildings, HVAC, refrigeration, clean rooms, appliances, lifts, buses, sandwich panels, warehouses and steel furniture. The company has transitioned its principal line from conventional galvanising toward Aluminium-Zinc coating