Manaksia Coated

Who are the top shareholders of the Manaksia Coated?

The top shareholders of Manaksia Coated include Sushil Kumar Agrawal with 31.97%, Elysian Wealth Fund at 4.35%, and individual investors holding 23.75%. There are no pledged promoter holdings, and foreign institutional investors collectively own 1.13%.

The top shareholders of Manaksia Coated include the promoters, with Sushil Kumar Agrawal holding the largest stake at 31.97%. There are no pledged promoter holdings. In terms of institutional investors, three foreign institutional investors (FIIs) collectively hold 1.13%. The highest public shareholder is Elysian Wealth Fund, which holds 4.35%. Additionally, individual investors account for 23.75% of the company's shares.

Who are in the management team of Manaksia Coated?

As of March 2022, the management team of Manaksia Coated includes Debasis Banerjee, Gargi Singh, Karan Agrawal, Siddhartha Shankar Roy, Sushil Kumar Agrawal, Venkata Srinarayana Addanki, Probir Kumar Chaudhury, and Siddhartha Sengupta, who hold various executive and non-executive roles.

As of March 2022, the management team of Manaksia Coated includes the following individuals:<BR><BR>1. Debasis Banerjee - Whole-time Director<BR>2. Gargi Singh - Non Executive Director<BR>3. Karan Agrawal - WTD & Executive Director<BR>4. Siddhartha Shankar Roy - Chairman & Non Executive Director<BR>5. Sushil Kumar Agrawal - ED / MD / Promoter<BR>6. Venkata Srinarayana Addanki - Whole-time Director<BR>7. Probir Kumar Chaudhury - Independent Non Executive Director<BR>8. Siddhartha Sengupta - Independent Non Executive Director<BR><BR>These members play various roles in the governance and management of the company.

What does Manaksia Coated do?

Manaksia Coated Metals & Industries Ltd operates in the Iron & Steel Products industry, focusing on coated metals and mosquito coils. As of March 2025, it reported net sales of ₹208 Cr and a net profit of ₹5 Cr, with a market cap of ₹998 Cr.

Overview:<BR>Manaksia Coated Metals & Industries Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Incorporated in March 2010, Manaksia Coated Metals & Industries Ltd was initially a wholly-owned subsidiary of Manaksia Limited. The company underwent a significant change in 2014-15 when the Coated Metal Undertaking and Mosquito Coil Undertaking of Manaksia Limited were transferred to it as part of a Scheme of Arrangement, effective November 23, 2014. The latest reported quarter for sales and profit is March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 208 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 998 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 65.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.04% <BR>Debt-Equity: 0.52 <BR>Return on Equity: 6.38% <BR>Price to Book: 4.14 <BR><BR>Contact Details:<BR>Address: Bikaner Building 3rd Floor, 8/1 Lal Bazaar Street Kolkata West Bengal : 700001 <BR>Tel: 91-33-22310050/51/52 <BR>Email: investorrelmcmil@manaksia.com/infom <BR>Website: http://www.manaksia.com

Has Manaksia Coated declared dividend?

Yes, Manaksia Coated Metals & Industries Ltd has declared a 5% dividend, amounting to ₹0.05 per share, with an ex-date of September 13, 2024. Despite a low dividend yield of 0.04%, the company has shown impressive price returns over various periods, indicating strong growth potential.

Manaksia Coated Metals & Industries Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.05000000000000001<BR>- Ex-date: 13 Sep 2024<BR><BR>Dividend Yield: 0.04%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 35.25%, with a dividend return of 0%, resulting in a total return of 35.25%.<BR><BR>Over the past year, the price return reached 96.12%, while the dividend return was 0.07%, leading to a total return of 96.19%.<BR><BR>In the 2-year period, the price return was an impressive 645.05%, with a dividend return of 0.44%, culminating in a total return of 645.49%.<BR><BR>For the 3-year period, the price return stood at 470.76%, and the dividend return was 0.43%, resulting in a total return of 471.19%.<BR><BR>In the last 4 years, the price return was 750.63%, with a dividend return of 0.74%, giving a total return of 751.37%.<BR><BR>Finally, over the 5-year period, the price return soared to 3671.39%, while the dividend return was 1.90%, resulting in a total return of 3673.29%.<BR><BR>Overall, Manaksia Coated has declared a dividend, albeit with a relatively low yield, while demonstrating significant price returns across various periods, indicating strong growth potential.

Who are the peers of the Manaksia Coated?

Manaksia Coated's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Gandhi Spl. Tube, Suraj, Uni Abex Alloy, Bedmutha Indus, and Mahamaya Steel. In terms of performance, Mahamaya Steel leads with a 1-year return of 201.22%, while Manaksia Coated has a return of 68.37%.

Peers: The peers of Manaksia Coated are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Gandhi Spl. Tube, Suraj, Uni Abex Alloy, Bedmutha Indus, and Mahamaya Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals, and the rest have Average management risk. Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics, Gandhi Spl. Tube, and Manaksia Coated, and the rest have Below Average growth. Excellent capital structure is noted at APL Apollo Tubes, Ratnamani Metals, Gandhi Spl. Tube, and Uni Abex Alloy, while Below Average capital structure is found at Manaksia Coated, Jindal Saw, Suraj, Bedmutha Indus, and Mahamaya Steel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mahamaya Steel at 201.22%, while the lowest is Bedmutha Indus at -34.64%. Manaksia Coated's 1-year return is 68.37%, which is significantly higher than Bedmutha Indus but lower than Mahamaya Steel. Additionally, Ratnamani Metals, Jindal Saw, Bedmutha Indus, and Mahamaya Steel have negative six-month returns.

How big is Manaksia Coated?

As of 24th July, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,633.00 Cr, with net sales of 837.65 Cr and a net profit of 26.41 Cr reported in the latest four quarters.

As of 24th July, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,633.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 837.65 Cr and a net profit of 26.41 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 152.37 Cr and total assets valued at 537.15 Cr.

Are Manaksia Coated latest results good or bad?

Manaksia Coated's latest results show strong profit growth and improved operating margins, but concerns arise from a high P/E ratio of 75 and an 11.80% sequential revenue decline, suggesting a cautious outlook for investors.

Manaksia Coated's latest results present a mixed picture. On one hand, the company has shown remarkable profit growth, with a net profit of ₹13.96 crores for Q2 FY26, marking an impressive 491.53% increase year-on-year. Additionally, the operating margin has expanded significantly to 11.85%, up 560 basis points from the previous year, indicating effective cost management and operational improvements.<BR><BR>However, there are concerns regarding the company's valuation. The stock is currently trading at a P/E ratio of 75 times trailing earnings, which is more than double the industry average of 32 times. This high valuation raises questions about sustainability, especially given that the company's return on equity (ROE) remains modest at 6.42%. <BR><BR>Furthermore, while the revenue for the quarter was ₹220.33 crores, it reflects a sequential decline of 11.80% from the previous quarter, suggesting some volatility in performance. The decline in revenue, combined with the stretched valuation, creates a cautious outlook despite the strong operational metrics.<BR><BR>In summary, while Manaksia Coated has delivered strong profit growth and improved margins, the high valuation and recent revenue decline indicate that investors should approach with caution.

Is Manaksia Coated technically bullish or bearish?

As of November 3, 2025, Manaksia Coated's trend is mildly bullish, supported by positive MACD and Bollinger Bands, though caution is advised due to some bearish signals from KST and Dow Theory.

As of 3 November 2025, the technical trend for Manaksia Coated has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly and monthly MACD indicators, which remain bullish, as well as the Bollinger Bands showing bullish signals on both time frames. The daily moving averages also indicate a bullish trend. However, the KST and Dow Theory present a mildly bearish outlook on the weekly basis, suggesting some caution. Overall, while there are bullish indicators, the presence of mildly bearish signals indicates a mixed strength in the current trend.

How has been the historical performance of Manaksia Coated?

Manaksia Coated has shown consistent growth from March 2023 to March 2025, with net sales increasing from 651.84 Cr to 781.63 Cr and profit after tax rising from 9.36 Cr to 15.39 Cr, indicating strong operational efficiency and profitability. Total assets and liabilities also grew in tandem, reflecting a positive financial trajectory.

Answer:<BR>The historical performance of Manaksia Coated shows a consistent growth trend in net sales and profitability over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Manaksia Coated's net sales increased from 651.84 Cr in March 2023 to 781.63 Cr in March 2025, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 651.84 Cr in March 2023 to 781.63 Cr in March 2025. The company's total expenditure also grew, reaching 727.86 Cr in March 2025, up from 619.22 Cr in March 2023. Operating profit, excluding other income, improved from 32.62 Cr in March 2023 to 53.77 Cr in March 2025, while the overall operating profit, including other income, rose from 38.12 Cr to 61.80 Cr in the same period. Profit before tax increased from 11.77 Cr in March 2023 to 20.59 Cr in March 2025, and profit after tax saw a similar rise from 9.36 Cr to 15.39 Cr. The company's total assets grew from 548.15 Cr in March 2023 to 646.01 Cr in March 2025, while total liabilities also increased from 548.15 Cr to 646.01 Cr. Cash flow from operating activities improved significantly, reaching 29.00 Cr in March 2025 compared to 8.00 Cr in March 2023, indicating enhanced operational efficiency. Overall, the financial metrics demonstrate a positive growth trajectory for Manaksia Coated over the observed period.

Should I buy, sell or hold Manaksia Coated?

Is Manaksia Coated overvalued or undervalued?

As of November 13, 2025, Manaksia Coated is fairly valued with a PE ratio of 39.30, lower than its peers Rail Vikas and Tube Investments, and has outperformed the Sensex with a 1-year return of 144.33%.

As of 13 November 2025, the valuation grade for Manaksia Coated has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 39.30, an EV to EBITDA ratio of 19.53, and a PEG ratio of 0.41. These ratios suggest that while the company is not undervalued, it is also not overvalued compared to its peers.<BR><BR>In comparison to its industry peers, Manaksia Coated's PE ratio is significantly lower than that of Rail Vikas, which stands at 57.69, and Tube Investments, which has a PE ratio of 93.82. This indicates that Manaksia Coated is more attractively priced relative to these competitors. Additionally, the company has demonstrated strong performance with a 1-year return of 144.33%, significantly outperforming the Sensex return of 8.74% during the same period, reinforcing its fair valuation status.

When is the next results date for Manaksia Coated Metals & Industries Ltd?

The next results date for Manaksia Coated Metals & Industries Ltd is February 2, 2026.

The next results date for Manaksia Coated Metals & Industries Ltd is scheduled for February 2, 2026.

Why is Manaksia Coated Metals & Industries Ltd falling/rising?

As of 01-Feb, Manaksia Coated Metals & Industries Ltd's stock price is declining at 123.35, down 4.6 (-3.6%), due to underperformance compared to the Sensex and reduced investor interest. Despite strong long-term growth potential, current market sentiment is negatively impacting the stock.

As of 01-Feb, Manaksia Coated Metals & Industries Ltd is experiencing a decline in its stock price, currently at 123.35, which reflects a change of -4.6 (-3.6%). This drop can be attributed to several factors highlighted in the recent performance data. <BR><BR>Over the past week, the stock has underperformed, showing a decrease of -2.37%, while the benchmark Sensex fell by only -1.00%. In the past month, the stock has declined by -6.94%, compared to a -4.67% drop in the Sensex. Year-to-date, the stock is down -6.48%, slightly better than the Sensex's -5.28%. <BR><BR>Today's trading performance indicates that the stock has underperformed its sector by -3.25%, with an intraday low of Rs 122.65, marking a decrease of -4.14%. The weighted average price suggests that more volume was traded closer to this low price, indicating a lack of buying interest at higher levels. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend.<BR><BR>Investor participation has also declined, with delivery volume dropping by -47.67% compared to the 5-day average, suggesting reduced interest from investors. Despite these short-term challenges, the company has shown strong long-term growth potential, with a significant increase in operating profit and positive results over the last two quarters. However, the current market sentiment appears to be weighing heavily on the stock, leading to its recent price decline.

Which are the latest news on Manaksia Coated?