MarketFriction

Metal Coatings (India) Ltd

BSE 531810 · Iron & Steel Products
₹52.57 +3.10%
BSE close2026-10-01
Market cap₹36.6 Cr.
P/E14.3

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales43.0642.1343.9839.6240.8339.0240.7835.0338.9838.2236.7538.25
Expenses42.3841.4742.7338.6439.8337.5038.9834.5638.0937.1436.2637.51
Operating Profit0.680.661.250.981.001.521.800.470.891.080.490.74
OPM %1.58%1.57%2.84%2.47%2.45%3.90%4.41%1.34%2.28%2.83%1.33%1.93%
Other Income0.150.090.150.190.240.210.120.400.230.28-0.070.45
Interest0.000.000.010.000.002.340.030.010.010.01-0.020.01
Depreciation0.130.130.140.150.150.150.150.140.140.140.140.13
Profit before tax0.700.621.251.021.09-0.761.740.720.971.210.301.05
Tax %22.86%19.35%23.20%25.49%25.69%-30.26%23.56%15.28%26.80%20.66%56.67%26.67%
Net Profit0.540.500.950.760.81-0.531.330.610.700.960.130.77
EPS in Rs0.740.681.301.041.11-0.721.820.830.961.310.181.05
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales929811015412094142170168159148152
Expenses889310715011691139166164154145149
Operating Profit444443343533
OPM %4.3%4.6%3.6%2.8%3.1%3.4%2.2%2.2%1.9%3.3%2.0%2.1%
Other Income010111101111
Interest110100000200
Depreciation111111001111
Profit before tax233443443334
Tax %35%34%37%25%26%25%25%24%22%23%24%
Net Profit222333332223
EPS in Rs2.062.662.724.193.893.513.853.773.413.233.283.50
Dividend Payout %49%38%37%12%0%0%0%0%0%31%31%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%10%-4%-2%
Compounded Profit Growth5%-1%-5%15%
Stock Price CAGR3%7%-18%-29%
Return on Equity8%7%6%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777777777
Reserves141517181922242730323537
Borrowings131711108410100224
Other Liabilities555565566699
Total Liabilities404540394038464943485356
Fixed Assets887655556665
CWIP000000000000
Investments330001000589
Other Assets283432333531414538373942
Total Assets404540394038464943485356
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4-14138-5-61136-1
Cash from Investing Activity-0-0300-220-1-5-30
Cash from Financing Activity-33-7-2-3-460-102-31
Net Cash Flow020-0023-50-000
Free Cash Flow3-14238-5-61025-1
CFO/OP100%5%111%67%84%251%-109%-150%332%113%127%-8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days627984806574987160625172
Inventory Days264738311611373316162432
Days Payable032021111143
Cash Conversion Cycle881241201117984135103767870100
Working Capital Days343866645264867969626472
ROCE %11%10%12%10%13%12%9%9%9%8%13%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.36%70.35%70.43%70.43%70.43%70.43%70.48%70.52%70.74%70.89%70.94%70.94%
FIIs0.00%0.00%0.00%0.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public29.64%29.64%29.56%29.09%29.56%29.56%29.53%29.48%29.27%29.11%29.06%29.06%
No. of Shareholders1,7332,1212,1262,2472,3802,3922,4002,4132,4912,4772,5512,548

Fundamentals

Market Cap₹ 36.6 Cr.
Current Price₹ 50.0
Stock P/E14.3
Book Value₹ 60.0
ROCE7.08 %
ROE5.57 %
Dividend Yield2.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 39 Cr
Enterprise valueRs 42 Cr
P/E (TTM)15.05x
Price to book0.88x
Price to sales0.25x
EV / EBITDA10.21x
EV / EBIT11.80x
EV / sales0.27x
Earnings yield6.65%
Dividend yield1.90%
P/E, 3-year average19.56x
P/B, 3-year average1.15x
P/E, 5-year average18.29x
P/B, 5-year average1.19x
Profitability
Operating margin (excl. other income)2.00%
Operating margin (incl. other income)2.56%
EBITDA margin2.69%
Pre-tax margin2.32%
Net profit margin1.68%
Net margin, latest quarter2.01%
ROE5.57%
ROCE7.08%
ROA4.39%
ROE, 3-year average5.96%
ROCE, 3-year average9.33%
ROA, 3-year average4.86%
ROE, 5-year average6.86%
ROCE, 5-year average9.29%
ROA, 5-year average5.28%
ROIC (approx.)5.66%
Tax rate24.45%
Other income / net worth1.91%
Growth
Sales growth (latest year)-7.00%
Profit growth (latest year)1.27%
Sales CAGR, 3 years-4.47%
Sales CAGR, 5 years9.52%
Profit CAGR, 3 years-4.55%
Profit CAGR, 5 years-1.36%
Sales growth QoQ4.08%
Profit growth QoQ492.31%
Sales growth YoY (latest quarter)9.19%
Profit growth YoY (latest quarter)26.23%
Per share
EPS (TTM)Rs 3.49
EPS (latest year)Rs 3.28
EPS (latest quarter)Rs 1.05
EPS, 3-year averageRs 3.31
EPS, 5-year averageRs 3.51
Book value per shareRs 60.01
Sales per shareRs 207.73
Cash flow per shareRs -1.58
Free cash flow per shareRs -1.36
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout30.42%
Dividend payout, 3-year average30.61%
Dividend payout, 5-year average30.61%
Efficiency
Asset turnover2.63x
Fixed asset turnover29.30x
Inventory turnover12.71x
Inventory days29 days
Debtor days72 days
Debtors turnover5.10x
Creditor days3 days
Cash conversion cycle100 days
Working capital days72 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 0 Cr
Net debtRs 3 Cr
Debt to equity0.08x
Net debt / EBITDA0.79x
Interest coverage354.00x
Owners' fund to total sources78.00%
Debt to assets6.24%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years1.08x
Statement figures
Net sales (TTM)Rs 152 Cr
Net sales (latest year)Rs 148 Cr
Sales (latest quarter)Rs 38 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 134 Cr
Total expenditure (latest year)Rs 145 Cr
Total income (latest year)Rs 149 Cr
Share capitalRs 7 Cr
ReservesRs 37 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 56 Cr
Net blockRs 5 Cr
InvestmentsRs 9 Cr
ReceivablesRs 29 Cr
InventoryRs 10 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)0.73
Ownership
Promoter holding70.94% (+0.42 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.1 is at the 55th percentile of its own 9.2-year range (median 14.3, low 5.9, high 28.5).
P/B 0.88 is at the 31th percentile (median 1.05).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period531810Nifty 50Difference
1 week+1.3%-2.8% +4.1 pts
1 month+1.1%-6.8% +7.9 pts
3 months-3.5%-7.6% +4.1 pts
3 years-43.3%+14.2% -57.4 pts
5 years+50.2%+27.9% +22.3 pts

Red flags

F-score 2 of 8
explainReceivables outrunning sales Receivables grew 30% vs sales -7% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹38 Cr +9.2% vs Jun 2025. Net profit ₹1 Cr +26.2%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Metal Coatings (India) Ltd?

Metal Coatings (India) Ltd (531810) has a market capitalisation of Rs 36.6 Cr. at the 2026-10-01 close.

What is the P/E ratio of Metal Coatings (India) Ltd?

Metal Coatings (India) Ltd trades at a P/E of 14.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Metal Coatings (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Metal Coatings (India) Ltd sales was Rs 38 Cr (+9.2% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03