Metal Coatings

Why is Metal Coatings (India) Ltd falling/rising?

As of 24-Jul, Metal Coatings (India) Ltd's stock price has declined to Rs 50.50, down 2.81%, reflecting a broader bearish trend with decreased investor participation and underperformance against the Sensex. The stock is trading below its moving averages, indicating potential further declines.

As of 24-Jul, Metal Coatings (India) Ltd is experiencing a decline in its stock price, currently at Rs 50.50, which reflects a decrease of Rs 1.46 or 2.81%. This drop is part of a broader trend, as the stock has underperformed against the benchmark Sensex, which has also seen a decline of 2.68% over the past week. <BR><BR>In terms of recent performance, the stock has fallen after three consecutive days of gains, indicating a potential trend reversal. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further suggesting a bearish trend. <BR><BR>Investor participation has also decreased significantly, with delivery volume on 23 July dropping by 83.63% compared to the 5-day average, indicating reduced interest from investors. This lack of participation, combined with the stock's current performance metrics, contributes to the overall decline in its price. <BR><BR>Overall, the combination of negative price movement, underperformance relative to the benchmark, and falling investor participation are key factors contributing to the decline in Metal Coatings (India) Ltd's stock price.

Which are the latest news on Metal Coatings?

How big is Metal Coatings?

As of 10th June, Metal Coatings (India) Ltd has a market capitalization of 40.00 Cr, with recent net sales of 148.98 Cr and a net profit of 2.40 Cr. The latest balance sheet shows shareholder's funds of 42.17 Cr and total assets of 52.04 Cr.

As of 10th June, Metal Coatings (India) Ltd has a market capitalization of 40.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 148.98 Cr and a Net Profit of 2.40 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 42.17 Cr and Total Assets of 52.04 Cr.

Who are in the management team of Metal Coatings?

The management team of Metal Coatings includes R C Khandelwal (Chairman & Wholetime Director), Pramod Khandelwal (Managing Director), and several independent directors: S K Gupta, Neha Gupta, and Santosh Khandelwal, along with company secretaries Piyush Jain, Aditi Singh, and Vidushi Srivastava. They are responsible for the company's governance and operational management.

The management team of Metal Coatings includes the following individuals:<BR><BR>1. **R C Khandelwal** - Chairman & Wholetime Director<BR>2. **Pramod Khandelwal** - Managing Director<BR>3. **S K Gupta** - Independent Director<BR>4. **Neha Gupta** - Independent Director<BR>5. **Santosh Khandelwal** - Independent Director<BR>6. **Piyush Jain** - Company Secretary<BR>7. **Aditi Singh** - Company Secretary & Compliance Officer<BR>8. **Vidushi Srivastava** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and operational management of the company.

Who are the peers of the Metal Coatings?

Peers of Metal Coatings include Nova Iron & Steel, Natl. Gen. Inds., Aryavan Enterprises, Rathi Bars, Newmalayalam St., and Swastik Pipe. Aryavan Enterprises shows excellent growth and the highest 1-year return at 16.28%, while Metal Coatings has a 1-year return of -23.89% and below average management and capital structure.

Peers: The peers of Metal Coatings are Nova Iron &Steel, Natl. Gen. Inds., Aryavan Enterpri, Rathi Bars, Newmalayalam St., Swastik Pipe.<BR><BR>Quality Snapshot: Below Average management risk is observed at Metal Coatings, Natl. Gen. Inds., Aryavan Enterpri, Rathi Bars, Newmalayalam St., and Swastik Pipe, while Excellent growth is found at Aryavan Enterpri, and the rest have Below Average growth. Metal Coatings and Newmalayalam St. have Good capital structure, while Natl. Gen. Inds., Aryavan Enterpri, Rathi Bars, and Swastik Pipe have Below Average capital structure.<BR><BR>Return Snapshot: Aryavan Enterpri has the highest 1-year return at 16.28%, while Rathi Bars has the lowest at -38.59%. Metal Coatings' 1-year return of -23.89% is worse than both. Additionally, Rathi Bars and Metal Coatings have negative six-month returns.

What does Metal Coatings do?

Metal Coatings (India) Ltd manufactures and markets steel products, operating in the Iron & Steel Products industry as a Micro Cap company. As of March 2026, it reported net sales of 37 Cr and a market cap of 40 Cr.

Overview:<BR>Metal Coatings (India) Ltd is engaged in the manufacture and marketing of various steel products and operates within the Iron & Steel Products industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in December 1994 to take over the assets and liabilities of a partnership firm established in 1988. It commenced operations in March 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 37 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 40 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 26<BR>- Dividend Yield: 1.82%<BR>- Debt Equity: -0.29<BR>- Return on Equity: 5.62%<BR>- Price to Book: 0.94<BR><BR>Contact Details:<BR>Address: 912 Hemkunt Chambers, 89 Nehru Place New Delhi New Delhi : 110019<BR>Tel: 91-011-41808125<BR>Email: info@mcilindia.net<BR>Website: http://www.mcil.net

Should I buy, sell or hold Metal Coatings (India) Ltd?

Are Metal Coatings (India) Ltd latest results good or bad?

Metal Coatings (India) Ltd's latest results are concerning, showing an 86.47% decline in net profit to ₹0.13 crore and a 3.85% drop in revenue to ₹36.75 crore, marking a second consecutive quarter of decline. The company's operating margins have fallen to 1.33%, indicating significant financial challenges and a troubling outlook.

The latest results for Metal Coatings (India) Ltd are concerning. In Q4 FY26, the company reported a net profit of ₹0.13 crore, which is a drastic decline of 86.47% compared to the previous quarter. Revenue also fell by 3.85% to ₹36.75 crore, marking the second consecutive quarter of revenue decline. <BR><BR>Operating margins have collapsed to 1.33%, the lowest level in seven quarters, down from 2.83% in Q3 FY26. This significant margin compression, coupled with a year-on-year net profit decline of 90.23% from ₹1.33 crore in Q4 FY25, paints a troubling picture of the company’s financial health.<BR><BR>Overall, the results indicate a profitability crisis, with weak return ratios and limited institutional interest, suggesting that the company is struggling to maintain its operational performance. The combination of declining revenues, shrinking margins, and a lack of investor confidence points to a challenging outlook for Metal Coatings.

When is the next results date for Metal Coatings (India) Ltd?

The next results date for Metal Coatings (India) Ltd is 27 May 2026.

The next results date for Metal Coatings (India) Ltd is scheduled for 27 May 2026.

Is Metal Coatings overvalued or undervalued?

As of December 3, 2025, Metal Coatings is fairly valued with a PE ratio of 23.41, an EV to EBITDA of 7.88, and a Price to Book Value of 1.16, indicating it is neither undervalued nor overvalued compared to peers like JSW Steel and Tata Steel, despite underperforming against the Sensex with a return of -22.07%.

As of 3 December 2025, the valuation grade for Metal Coatings has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 23.41, an EV to EBITDA of 7.88, and a Price to Book Value of 1.16. These ratios suggest that while the company is not undervalued, it also does not appear to be overvalued relative to its peers.<BR><BR>In comparison to its industry peers, Metal Coatings' PE ratio is significantly lower than that of JSW Steel at 45.69 and Tata Steel at 27.99, both of which are considered attractive. Additionally, its EV to EBITDA ratio is more competitive than that of Lloyds Metals, which is rated very expensive at 26.84. Notably, Metal Coatings has underperformed against the Sensex over the past year, with a return of -22.07% compared to the Sensex's 5.27%, reinforcing its current fair valuation status.

How has been the historical performance of Metal Coatings?

Metal Coatings experienced fluctuating financial performance, with net sales declining to 160.25 Cr in March 2025 from 168.41 Cr in March 2024, but improved operational efficiency led to an increase in operating profit to 6.06 Cr. Despite challenges in sales and profit margins, the company showed resilience through cost management and improved cash flow, reaching 5.00 Cr from operating activities.

Answer:<BR>The historical performance of Metal Coatings shows a fluctuating trend in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Metal Coatings reported net sales of 160.25 Cr in March 2025, a decline from 168.41 Cr in March 2024 and 170.40 Cr in March 2023, but an increase from 142.26 Cr in March 2022 and 94.12 Cr in March 2021. The total operating income mirrored this trend, reaching 160.25 Cr in March 2025. The raw material costs were 130.26 Cr in March 2025, down from 141.39 Cr in March 2024, while total expenditure (excluding depreciation) was 154.94 Cr, a decrease from 165.18 Cr in March 2024. Operating profit (PBDIT) increased to 6.06 Cr in March 2025 from 3.74 Cr in March 2024, indicating improved operational efficiency. Profit before tax was 3.08 Cr in March 2025, slightly down from 3.20 Cr in March 2024, and profit after tax was 2.37 Cr, a decrease from 2.50 Cr in the previous year. The company maintained a consistent equity capital of 7.33 Cr over the years, while total reserves grew to 34.84 Cr in March 2025 from 32.31 Cr in March 2024. The book value per share increased to 57.56 in March 2025 from 54.09 in March 2024. Cash flow from operating activities improved to 5.00 Cr in March 2025, up from 2.00 Cr in March 2024, reflecting a positive cash generation trend. Overall, while Metal Coatings faced challenges in sales and profit margins, it demonstrated resilience in managing costs and improving cash flow.

Who are the top shareholders of the Metal Coatings?

The top shareholders of Metal Coatings include Khandelwal Galva Strips Private Limited with 23.82%, followed by Bondwell Financial Services (P) Ltd at 2.59%, while individual investors own 15.3%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Metal Coatings are primarily the promoters, with Khandelwal Galva Strips Private Limited holding the largest stake at 23.82%. Additionally, the highest public shareholder is Bondwell Financial Services (P) Ltd, which holds 2.59%. Individual investors collectively own 15.3% of the company. Notably, there are no mutual funds or foreign institutional investors currently holding shares in Metal Coatings.

What is the technical trend for Metal Coatings?

As of June 5, 2025, the technical trend for Metal Coatings is bearish with moderate strength, supported by bearish indicators across multiple time frames, despite some mixed signals in momentum.

As of 5 June 2025, the technical trend for Metal Coatings has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and KST are both bearish, indicating weakness in the longer-term trend. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting mixed momentum. Bollinger Bands are bearish on both weekly and monthly time frames, and moving averages are bearish on the daily chart. Overall, the indicators suggest a prevailing bearish sentiment in the market for Metal Coatings.

Has Metal Coatings declared dividend?

Metal Coatings (India) Ltd has declared a 5% dividend, amounting to 0.5 per share, but the dividend yield is 0%. Total returns have varied significantly, with strong performance over the long term despite negative returns in shorter periods.

Metal Coatings (India) Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 16 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -17.62%, the dividend return was 0%, resulting in a total return of -17.62%.<BR><BR>For the 1-year period, the price return was -13.36%, the dividend return was 0%, leading to a total return of -13.36%.<BR><BR>Over the 2-year period, the price return was -29.51%, the dividend return was 0%, which resulted in a total return of -29.51%.<BR><BR>In the 3-year period, the price return was 4.43%, the dividend return was 0%, culminating in a total return of 4.43%.<BR><BR>During the 4-year period, the price return was 126.46%, the dividend return was 0%, yielding a total return of 126.46%.<BR><BR>For the 5-year period, the price return was 153.62%, the dividend return was 0%, resulting in a total return of 153.62%.<BR><BR>Overall, while Metal Coatings has declared a dividend, the dividend yield remains at 0%, indicating that the dividend did not contribute to returns in recent periods. The total returns show significant variability, with strong performance over the longer term despite negative returns in the shorter periods.