Manaksia Coated

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

As of 16-Jul, Manaksia Coated Metals & Industries Ltd's stock price has risen to 124.45, up 3.97%, driven by strong quarterly results and increased investor interest, despite a year-to-date decline. The company shows solid financial health with significant profit growth and a favorable PEG ratio, indicating potential undervaluation.

As of 16-Jul, Manaksia Coated Metals & Industries Ltd is experiencing a rise in its stock price, currently at 124.45, reflecting an increase of 4.75 (3.97%). This upward movement can be attributed to several positive factors highlighted in the recent performance data. <BR><BR>The stock has outperformed its sector by 4.14% today, indicating strong market interest. Additionally, it reached an intraday high of Rs 126.9, showcasing significant investor activity. The rising investor participation is evident, with a delivery volume of 7.02 lacs on 15 July, which is up by 35.61% compared to the 5-day average. This suggests that more investors are willing to hold onto the stock, which typically supports price increases.<BR><BR>Financially, the company has reported strong results for the quarter ending June 26, with the highest operating profit to interest ratio at 4.10 times and net sales reaching Rs 262.14 crore. Furthermore, the company holds cash and cash equivalents of Rs 33.90 crore, indicating a solid liquidity position. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract more investors looking for value.<BR><BR>Despite a year-to-date decline of 5.65% and a one-year drop of 14.11%, the company's profits have risen by 59.9%, and it boasts a PEG ratio of 0.7, suggesting that the stock may be undervalued relative to its growth potential. The positive sentiment surrounding these financial metrics, combined with the stock's performance relative to the benchmark Sensex, which has only increased by 0.58% over the past week, further supports the rise in Manaksia's stock price.

Which are the latest news on Manaksia Coated?

Are Manaksia Coated Metals & Industries Ltd latest results good or bad?

Manaksia Coated Metals & Industries Ltd's latest Q1 FY27 results show strong net profit and revenue growth quarter-on-quarter, but year-on-year performance is weak, raising concerns about operational efficiency. Investors should be cautious due to underlying challenges despite positive headline figures.

Manaksia Coated Metals & Industries Ltd's latest results for Q1 FY27 show a mixed picture. On one hand, the company reported a significant net profit of ₹14.10 crores, which is a remarkable 162.57% increase compared to the previous quarter. Additionally, revenue grew by 15.25% quarter-on-quarter, reaching an all-time high of ₹262.14 crores. The operating margin also improved to 10.74%, marking the highest level in eight quarters.<BR><BR>However, when looking at year-on-year performance, the net profit growth was only marginal at 0.64%, and the revenue growth of 4.94% indicates some challenges compared to a strong performance in the same quarter last year. Furthermore, operational efficiency metrics have raised concerns, particularly with a deteriorating inventory turnover ratio and extended collection periods reflected in the debtors turnover ratio.<BR><BR>While the headline numbers appear strong, the underlying operational challenges suggest that investors should approach with caution. The stock has shown signs of fatigue, trading below its 52-week high and experiencing a slight decline over the past year. Overall, while the results have positive aspects, the operational issues and market performance indicate that the situation is nuanced, warranting careful consideration.

Should I buy, sell or hold Manaksia Coated Metals & Industries Ltd?

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

The next results date for Manaksia Coated Metals & Industries Ltd is 14 July 2026.

The next results date for Manaksia Coated Metals & Industries Ltd is scheduled for 14 July 2026.

How big is Manaksia Coated?

As of 10th June, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,122.00 Cr, with recent net sales of 884.49 Cr and a net profit of 40.69 Cr.

As of 10th June, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,122.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 884.49 Cr and a Net Profit of 40.69 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 226.70 Cr and Total Assets at 646.01 Cr.

Who are in the management team of Manaksia Coated?

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 collectively guide the company's strategic direction and operations.

The management team of Manaksia Coated includes the following members:<BR><BR>1. **Debasis Banerjee** - Whole-time Director<BR>2. **Gargi Singh** - Non-Executive Director<BR>3. **Karan Agrawal** - Whole-time Director & Executive Director<BR>4. **Siddhartha Shankar Roy** - Chairman & Non-Executive Director<BR>5. **Sushil Kumar Agrawal** - Executive Director, Managing Director & 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>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Manaksia Coated?

Manaksia Coated's peers include Electrotherm(I), BMW Industries, Hariom Pipe, and others. In terms of returns, Uni Abex Alloy leads at 21.84%, while Manaksia Coated has a 1-year return of -18.47%.

Peers: The peers of Manaksia Coated are Electrotherm(I), BMW Industries, Hariom Pipe, Aeroflex Enter., Mangalam World., Ratnaveer Precis, Gandhi Spl. Tube, Cosmic CRF, and Uni Abex Alloy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aeroflex Enter. and Cosmic CRF, while Average management risk is found at BMW Industries, Hariom Pipe, Mangalam World., Ratnaveer Precis, Gandhi Spl. Tube, and Uni Abex Alloy, and the rest. Growth is Excellent at Hariom Pipe and Mangalam World., Good at Aeroflex Enter. and Ratnaveer Precis, Below Average at Manaksia Coated, and the rest. Capital Structure is Excellent at Gandhi Spl. Tube and Uni Abex Alloy, Good at BMW Industries, Excellent at Aeroflex Enter., Below Average at Manaksia Coated, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Uni Abex Alloy at 21.84%, while the lowest is Cosmic CRF at -36.58%. Manaksia Coated's own 1-year return is -18.47%, which is higher than Cosmic CRF's but lower than Uni Abex Alloy's. Additionally, the six-month return is negative for Manaksia Coated, Cosmic CRF, and Ratnaveer Precis.

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 2026, it reported net sales of ₹227 Cr and a net profit of ₹5 Cr, with a market cap of ₹1,122 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 was a wholly-owned subsidiary of Manaksia Limited. In 2014-15, it underwent a demerger where the Coated Metal Undertaking and Mosquito Coil Undertaking of Manaksia Limited were transferred to the company. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 227 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,122 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 27.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.05% <BR>Debt-Equity: 0.23 <BR>Return on Equity: 11.66% <BR>Price to Book: 3.24 <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

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.

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.

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.

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.

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.