MarketFriction

Manaksia Coated Metals & Industries Ltd

NSE MANAKCOAT · BSE 539046 · Iron & Steel Products
₹126.59 -0.31%
NSE close2026-10-01
52 week range94.20 - 182.82
Market cap₹1,347 Cr.
P/E33.0
Price band 20% Delivery 46.4%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales195191183194175205208250220187227262
Expenses182179168181164191193225194171213234
Operating Profit121215131114152426161428
OPM %6%6%8%7%6%7%7%10%12%8%6%11%
Other Income122233243311
Interest1068888888777
Depreciation222222222233
Profit before tax2574377191910619
Tax %-2%25%26%26%25%25%25%25%27%24%16%26%
Net Profit245325514147514
EPS in Rs0.310.620.680.400.320.670.631.341.320.690.511.32
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales225269253265247446648652740782884897
Expenses212256238242221413613619689728804813
Operating Profit121415222633353351548084
OPM %5%5%6%8%10%7%5%5%7%7%9%9%
Other Income42341391069129
Interest446141719232233332928
Depreciation108810999999910
Profit before tax334218111215215454
Tax %-14%78%51%120%-250%22%24%20%25%25%24%
Net Profit312-0369911154141
EPS in Rs0.440.100.30-0.060.430.891.321.431.511.943.843.84
Dividend Payout %0%0%0%0%0%3%0%2%3%3%1%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%15%11%7%
Compounded Profit Growth27%40%77%60%
Stock Price CAGR31%56%73%-3%
Return on Equity7%9%10%11%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777777811
Reserves768082838793102113145219338
Borrowings5258124128138147178190178145130
Other Liabilities758997137150191198239207275276
Total Liabilities209234309354381438484548537646755
Fixed Assets73100157148144136130122119112168
CWIP453544745514049496831
Investments00000000000
Other Assets9198149158192252313377369465556
Total Assets209234309354381438484548537646755
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3122-2249620-1382230-14
Cash from Investing Activity-13-25-33-43-0-69-7-6-20-15
Cash from Financing Activity-19361-13-5-126-6-16-1030
Net Cash Flow-106-7022-40-01
Free Cash Flow17-4-564313-5-1158-33
CFO/OP253%178%-140%226%24%60%-35%33%46%64%0%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7256473537382724272440
Inventory Days435197171265163151180143171188
Days Payable938489139188123103138102142133
Cash Conversion Cycle22235467114787566685396
Working Capital Days-1192811817914204987
ROCE %5%5%8%8%11%13%10%15%15%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.43%67.43%69.19%69.19%69.19%69.19%65.67%56.17%55.55%57.46%57.46%57.78%
FIIs0.00%0.00%0.00%0.14%0.10%1.82%1.46%9.01%1.77%1.45%1.14%0.22%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.64%0.59%0.59%
Public32.57%32.57%30.81%30.66%30.70%29.00%32.87%34.80%42.67%40.45%40.82%41.42%
No. of Shareholders31,33429,18629,68126,43725,20826,77225,82526,46327,56629,27727,99527,944

Fundamentals

Market Cap₹ 1,347 Cr.
Current Price₹ 127
Stock P/E33.0
Book Value₹ 33.0
ROCE17.8 %
ROE11.0 %
Dividend Yield0.04 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)60%
Consolidated figures.
Valuation
Market capRs 1,340 Cr
Enterprise valueRs 1,436 Cr
P/E (TTM)32.85x
Price to book3.84x
Price to sales1.49x
EV / EBITDA15.49x
EV / EBIT17.44x
EV / sales1.60x
Earnings yield3.04%
Dividend yield0.04%
P/E, 3-year average28.55x
P/B, 3-year average2.39x
P/E, 5-year average23.15x
P/B, 5-year average1.91x
Profitability
Operating margin (excl. other income)9.09%
Operating margin (incl. other income)10.43%
EBITDA margin10.34%
Pre-tax margin6.02%
Net profit margin4.55%
Net margin, latest quarter5.38%
ROE14.14%
ROCE19.52%
ROA5.81%
ROE, 3-year average10.18%
ROCE, 3-year average16.60%
ROA, 3-year average3.49%
ROE, 5-year average9.40%
ROCE, 5-year average14.80%
ROA, 5-year average2.83%
ROIC (approx.)14.01%
Tax rate24.30%
Other income / net worth3.38%
Growth
Sales growth (latest year)13.16%
Profit growth (latest year)164.39%
Sales CAGR, 3 years10.71%
Sales CAGR, 5 years14.65%
Profit CAGR, 3 years63.21%
Profit CAGR, 5 years47.39%
Sales growth QoQ15.25%
Profit growth QoQ162.57%
Sales growth YoY (latest quarter)4.94%
Profit growth YoY (latest quarter)0.64%
Per share
EPS (TTM)Rs 3.85
EPS (latest year)Rs 3.84
EPS (latest quarter)Rs 1.33
EPS, 3-year averageRs 2.43
EPS, 5-year averageRs 2.01
Book value per shareRs 32.97
Sales per shareRs 84.74
Cash flow per shareRs -1.30
Free cash flow per shareRs -3.12
Dividend per share (latest year)Rs 0.05
Dividend per share, 3-year averageRs 0.05
Dividend per share, 5-year averageRs 0.05
Dividends
Dividend payout1.30%
Dividend payout, 3-year average2.40%
Dividend payout, 5-year average2.33%
Efficiency
Asset turnover1.17x
Fixed asset turnover5.26x
Inventory turnover2.22x
Inventory days164 days
Debtor days40 days
Debtors turnover9.03x
Creditor days133 days
Cash conversion cycle96 days
Working capital days87 days
Leverage
Total debtRs 130 Cr
Cash and bankRs 34 Cr
Net debtRs 96 Cr
Debt to equity0.37x
Net debt / EBITDA1.03x
Interest coverage2.90x
Current ratio (filing 2026-03-31)1.79x
Quick ratio (filing 2026-03-31)0.70x
Trade payables (filing 2026-03-31)Rs 244 Cr
Owners' fund to total sources46.23%
Debt to assets17.19%
Cash flow
Cash from Operating Activity (latest year)Rs -14 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs 30 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -33 Cr
FCFE (approx.: FCF + change in debt)Rs -48 Cr
Cash from ops / profit, 5 years0.39x
Statement figures
Net sales (TTM)Rs 897 Cr
Net sales (latest year)Rs 884 Cr
Sales (latest quarter)Rs 262 Cr
Operating profit excl. other income (latest year)Rs 80 Cr
Operating profit (latest quarter)Rs 28 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 93 Cr
PBDT (TTM)Rs 64 Cr
Profit before tax (TTM)Rs 54 Cr
Tax (latest year)Rs 13 Cr
Net profit (TTM)Rs 41 Cr
Net profit (latest year)Rs 41 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 28 Cr
Cost of goods sold (latest year)Rs 753 Cr
Total expenditure (latest year)Rs 804 Cr
Total income (latest year)Rs 896 Cr
Share capitalRs 11 Cr
ReservesRs 338 Cr
Shareholders' fundsRs 349 Cr
Total assetsRs 755 Cr
Net blockRs 168 Cr
Capital work in progressRs 31 Cr
ReceivablesRs 98 Cr
InventoryRs 339 Cr
Other liabilitiesRs 276 Cr
Shares outstanding (crore)10.58
Ownership
Promoter holding57.78% (+1.61 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 32.9 is at the 42th percentile of its own 8.4-year range (median 36.9, low 15.0, high 334.6).
P/B 3.84 is at the 74th percentile (median 1.81).
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.
PeriodMANAKCOATNifty 50Difference
1 week-3.5%-2.8% -0.7 pts
1 month+5.1%-6.8% +11.9 pts
3 months+7.1%-7.6% +14.8 pts
6 months+30.9%+0.4% +30.5 pts
1 year-9.6%-9.9% +0.3 pts
2 years+86.7%-13.6% +100.3 pts
3 years+418.8%+14.2% +404.6 pts
5 years+797.8%+27.9% +769.9 pts

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 92% vs sales +13% in 2026
explainShare dilution Share count up 33% in a year, 62% in three
lookAuditor change Auditor change 2026-05-06: Manaksia Coated Metals & Industries Limited has informed the Exchange regarding Change in Auditors of the company.
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 ₹262 Cr +4.8% vs Jun 2025. Net profit ₹14 Cr +0.0%.
Against our estimate for Jun 2026: sales +4.6%, profit +19.7% in line. Our estimate for Sep 2026: sales Rs 235 Cr, profit Rs 11 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-27Dividend - Re 0.05 Per Share
2025-09-08Dividend - Re 0.05 Per Share
2024-09-13Annual General Meeting/Dividend - Re 0.05 Per Share
2023-08-22Annual General Meeting/Dividend - Re 0.03 Per Share
2022-09-05Annual General Meeting
2021-09-16 Annual General Meeting/Dividend - Rs 0.03 Per Share
2020-09-16 Annual General Meeting
2019-09-16 Annual General Meeting
2018-09-18 Annual General Meeting
2017-09-13 Annual General Meeting
2016-09-14 Annual General Meeting
2015-09-15 Annual General Meeting
DateTypeWhat it says
2026-09-29Concall / analyst meetOutcome
2026-09-28Concall / analyst meetOutcome
2026-09-24Concall / analyst meetSchedule of meet
2026-09-22Concall / analyst meetSchedule of meet
2026-09-19Shareholder meetingWith copy of minutes of Annual General Meeting held on September 03, 2026
2026-09-04Shareholder meetingShareholders meeting
2026-09-03Shareholder meetingProceedings of Annual General Meeting held on September 03, 2026
2026-08-12General UpdatesGeneral Updates
2026-08-12General UpdatesGeneral Updates
2026-08-12Shareholder meetingNotice of Annual General Meeting to be held on September 03, 2026
2026-08-04ForfeitureForfeiture
2026-07-18Concall / analyst meetTranscript
2026-07-15Concall / analyst meetLink of Recording
2026-07-15General UpdatesGeneral Updates
2026-07-15Investor PresentationInvestor Presentation
2026-07-14Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026
2026-07-14Press ReleaseA press release dated July 14, 2026, titled "MANAKSIA COATED METALS & INDUSTRIES LIMITED ANNOUNCES FINANCIAL RESULTS FOR Q1 FY27".
2026-07-14Shareholder meetingNotice of Annual General Meeting to be held on September 03, 2026
2026-07-14Record DateRecord date for the purpose of Dividend is 27-Aug-2026.
2026-07-14Board meeting outcomeOutcome of Board Meeting held on July 14, 2026.
2026-07-14Board meeting outcomeOutcome of Board Meeting held on July 14, 2026.
2026-07-14General UpdatesGeneral Updates
2026-07-14Board meeting outcomeManaksia Coated Metals & Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-06Concall / analyst meetSchedule of meet
2026-07-02Shareholder meetingMinutes of the secured creditiors meeting held on 09.06.2026
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 Manaksia Coated Metals & Industries Ltd?

Manaksia Coated Metals & Industries Ltd (MANAKCOAT) has a market capitalisation of Rs 1,347 Cr. at the 2026-10-01 close.

What is the P/E ratio of Manaksia Coated Metals & Industries Ltd?

Manaksia Coated Metals & Industries Ltd trades at a P/E of 33.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Manaksia Coated Metals & Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Manaksia Coated Metals & Industries Ltd sales was Rs 262 Cr (+4.8% vs Jun 2025) and net profit was Rs 14 Cr.

What is the 52-week high and low of Manaksia Coated Metals & Industries Ltd?

The 52-week high is Rs 182.82 and the 52-week low is Rs 94.20.

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