MANAKCOAT NSE filing

Manaksia Coated Metals Q2 FY27: Revenue Up 43.8% to ₹321.55 Cr, PAT Rises 34.2%

The RealCase readHigh impact Positive

Manaksia Coated Metals & Industries reported a strong Q2 FY27 with total income up 43.8% YoY to ₹321.55 crore and PAT rising 34.2% YoY to ₹18.73 crore. H1 FY27 saw total income grow 22.4% YoY to ₹584.62 crore. Key initiatives include capacity expansion and a 7 MW solar plant by Q3 FY27.

Why it matters

The substantial increase in revenue and profit, coupled with significant capacity expansion plans and cost optimization measures, are expected to have a material positive impact on the company's financial performance and market position.

The market read

The company reported significant year-over-year growth in total income, EBITDA, and PAT, along with positive commentary from management about future growth prospects and strategic initiatives.

Manaksia Coated Metals & Industries Limited (MCMIL) announced its financial results for the quarter and half-year ended September 30, 2026 (Q2 & H1 FY27). For Q2 FY27, the company reported a total income of ₹321.55 crore, a significant YoY increase of 43.8% and QoQ growth of 22.2%. EBITDA stood at ₹36.91 crore, up 25.3% YoY and 26.9% QoQ. Profit After Tax (PAT) surged by 34.2% YoY and 32.9% QoQ to ₹18.73 crore.

For the half-year ended September 30, 2026 (H1 FY27), total income grew by 22.4% YoY to ₹584.62 crore. EBITDA increased by 13.7% YoY to ₹66.00 crore, and PAT rose by 17.4% YoY to ₹32.83 crore.

The company is undertaking several strategic initiatives under its 'MCMIL 2.0' plan. These include capacity augmentation for Pre-Painted Steel to 236,000 MTPA by Q2 FY27 and Alu-Zinc Coating to 360,000 MTPA by FY28. A 360,000 MTPA Cold Rolling Mill (CRM) complex is also planned for FY28. Additionally, a 7 MW captive solar power plant is set to be commissioned by Q2 FY27, expected to reduce power costs by up to 40% and save approximately ₹7 crore annually.

Management commentary highlighted strong performance driven by robust export demand, improved realisations, and the growing contribution of the Alu-Zinc steel portfolio. The company is focusing on niche applications and value-added products. Future priorities include capacity expansion, cost optimization, and operational excellence, aiming to triple output, revenue, and EBITDA by FY29.

Filing to action

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Manaksia Coated Metals & Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Manaksia Coated Metals & Industries Limited. Read the original for the full detail.

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