Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd

₹ 129 2.28%
14 Jul - close price
About

Incorporated in 2010, Manaksia Coated Metals & Industries Ltd specializes in manufacturing and exporting high-performance coated metal products.[1]

Key Points

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.

  • Market Cap 1,378 Cr.
  • Current Price 129
  • High / Low 183 / 94.2
  • Stock P/E 33.8
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
172 195 191 183 194 175 205 208 250 220 187 227 262
164 182 179 168 181 164 191 193 225 194 171 213 234
Operating Profit 7 12 12 15 13 11 14 15 24 26 16 14 28
OPM % 4% 6% 6% 8% 7% 6% 7% 7% 10% 12% 8% 6% 11%
4 1 2 2 2 3 3 2 4 3 3 1 1
Interest 9 10 6 8 8 8 8 8 8 8 7 7 7
Depreciation 2 2 2 2 2 2 2 2 2 2 2 3 3
Profit before tax 1 2 5 7 4 3 7 7 19 19 10 6 19
Tax % 80% -2% 25% 26% 26% 25% 25% 25% 25% 27% 24% 16% 26%
0 2 4 5 3 2 5 5 14 14 7 5 14
EPS in Rs 0.02 0.31 0.62 0.68 0.40 0.32 0.67 0.63 1.34 1.32 0.69 0.51 1.32
Raw PDF
Upcoming result date: today

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: 31%
5 Years: 55%
3 Years: 95%
1 Year: 0%
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
%
Total Sales Volume
MT
Galvanizing/Alu-Zinc Line Installed Capacity
MTPA
Pre-painted Steel Installed Capacity
MTPA
Color Coating Line Capacity Utilization
%
Galvanizing Line Capacity Utilization
%
Order Book
Rs Cr

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
67.43% 67.43% 69.19% 69.19% 69.19% 69.19% 65.67% 56.17% 55.55% 57.46% 57.46% 57.78%
0.00% 0.00% 0.00% 0.14% 0.10% 1.82% 1.46% 9.01% 1.77% 1.45% 1.14% 0.22%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.64% 0.59% 0.59%
32.57% 32.57% 30.81% 30.66% 30.70% 29.00% 32.87% 34.80% 42.67% 40.45% 40.82% 41.42%
No. of Shareholders 31,33429,18629,68126,43725,20826,77225,82526,46327,56629,27727,99527,944

* 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.

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