Quarterly net profit of Manaksia Coated Metals and Industries skyrockets by 370% in FY26 Q1, reaching an impressive Rs. 14 crore mark.
**Manaksia Coated Metals & Industries Limited Reports Strong Q1 FY26 Performance**
Manaksia Coated Metals & Industries Limited, a leading coated steel manufacturer and exporter based in Mumbai, India, has announced its financial results for the first quarter of the 2025-2026 fiscal year (FY26). The company's performance in Q1 FY26 reveals significant growth across various key metrics, indicating a robust financial health and strategic direction.
**Financial Highlights**
The consolidated total income for Q1 FY26 was ₹253.94 crores, marking a year-on-year (YoY) growth of 29.97%. This growth was accompanied by a substantial increase in EBITDA, which stood at ₹28.62 crores, showing a YoY growth of 93.36%. The profit before tax saw a significant jump of 364.43% YoY, reaching ₹18.70 crores. The net profit saw an even more remarkable increase of 369.70% YoY, touching ₹14.01 crores. The Earnings Per Share (EPS) for Q1 FY26 improved by 247.75% YoY, reaching ₹1.43.
**Operational Highlights**
The total sales volume for Q1 FY26 increased by 18.69% YoY to 29,248 MT. The production of Galvanized steel increased by 12.51% YoY, while the production of Pre-Painted Steel Coils grew by 14.66% YoY.
The revenue segments for Q1 FY26 showed that exports contributed ₹141.83 crores (56.78% of total revenue), while domestic revenue was ₹107.95 crores (43.22% of total revenue).
**Business Outlook**
The company's strong performance in Q1 FY26 is attributed to strong demand and improved operational efficiency, focusing on both domestic and international markets. The company's strategic direction and rising demand for high-quality steel solutions have been key factors in its success.
The recent capital raise has strengthened the company's balance sheet, significantly lowering debt and interest costs. The company has a solid order book in place for Q2 FY26, with ₹337 crores from exports and ₹113 crores from domestic markets.
Mr. Karan Agrawal, Whole Time Director of Manaksia Coated Metals & Industries Limited, commented on the performance, highlighting the company's operational efficiency, strategic direction, and rising demand for high-quality steel solutions.
The net profit margin for Q1 FY26 was 5.52%, showing a YoY growth of 399 basis points (bps). The EBITDA margin for Q1 FY26 was 11.27%, showing a YoY growth of 370 bps.
In Q1 FY26, a total of 1,36,65,000 warrants were converted at ₹18 per share, and 1,15,17,500 warrants were converted at ₹65 per share. The post-conversion paid-up capital as of 30th June 2025 is ₹10.47 Cr.
[1] As per the unaudited financials reported by the company for Q1 FY26.
- After announcing its strong Q1 FY26 performance, Manaksia Coated Metals & Industries Limited's financial health and strategic direction have gained favorable opinions in the business news and investment sectors.
- The significant growth in various key metrics such as total income, EBITDA, profit before tax, net profit, and EPS, as reported by the company in Q1 FY26, are intriguing news for current and potential stakeholders in the real-estate and finance industries.
- The robust relationships cultivated between Manaksia Coated Metals & Industries Limited and its domestic and international markets are essential to its continued success in investing and achieving future business goals.
- As the company concentrates on increasing operational efficiency and catering to the rising demand for high-quality steel solutions, Manaksia Coated Metals & Industries Limited is poised to maintain its position as a leading coated steel manufacturer and exporter in the coming fiscal years.
