Manaksia Coated

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

As of 02-Sep, Manaksia Coated Metals & Industries Ltd's stock price is rising to 121.80, reflecting a 1.8% increase after two days of decline. The stock outperformed its sector by 3.13% and reached an intraday high of Rs 123.8, indicating positive momentum despite a decrease in investor participation.

As of 02-Sep, Manaksia Coated Metals & Industries Ltd's stock price is rising, currently at 121.80, reflecting a change of 2.15 (1.8%) upward. This increase comes after a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, the stock outperformed its sector by 3.13% today, indicating a stronger performance relative to its peers.<BR><BR>The stock reached an intraday high of Rs 123.8, which is a 3.47% increase, suggesting positive momentum during the trading day. Despite a decrease in investor participation, with delivery volume falling by 33.6% against the 5-day average, the stock remains liquid enough for trading, which may support its price stability.<BR><BR>Overall, the combination of a recent upward movement after prior declines, outperformance against the sector, and a significant intraday high contributes to the current rise in the stock price of Manaksia Coated Metals & Industries Ltd.

Which are the latest news on Manaksia Coated?

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 individuals:<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, and 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.

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 June 2026, it reported net sales of 262 Cr and a net profit of 14 Cr, with a market cap of INR 1,292 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, which became effective on November 23, 2014. The latest reported quarter for which sales and profit are available is June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 262 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 14 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 1,292 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 32.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.08%<BR>- Debt-Equity: 0.23<BR>- Return on Equity: 11.66%<BR>- Price to Book: 3.73<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

Who are the peers of the Manaksia Coated?

Manaksia Coated's peers include Hi-Tech Pipes, Steel Exchange, and Cosmic CRF, among others. In terms of management risk, it is rated average, with a 1-year return of -15.17%, better than Hariom Pipe but lower than Steel Exchange's 20.78%.

Peers: The peers of Manaksia Coated are Hi-Tech Pipes, Steel Exchange, Electrotherm(I), Bharat Wire, Cosmic CRF, Mangalam World., BMW Industries, Gandhi Spl. Tube, and Hariom Pipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cosmic CRF, while Good management risk is found at Hi-Tech Pipes, and Average management risk is noted for Manaksia Coated, Mangalam World., BMW Industries, Gandhi Spl. Tube, and Hariom Pipe. Growth is Excellent at Cosmic CRF and Mangalam World., Good at Bharat Wire and Hariom Pipe, Average at Hi-Tech Pipes and Manaksia Coated, and Below Average at Steel Exchange, Electrotherm(I), and BMW Industries. Capital Structure is Excellent at Bharat Wire and Cosmic CRF, Good at Bharat Wire, Average at Hi-Tech Pipes, Manaksia Coated, and BMW Industries, and Below Average at Mangalam World. and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Steel Exchange at 20.78%, while the lowest is Hariom Pipe at -28.55%. Manaksia Coated's 1-year return is -15.17%, which is higher than Hariom Pipe but lower than Steel Exchange. Additionally, peers with negative six-month returns include Hi-Tech Pipes, Bharat Wire, and Hariom Pipe.

How big is Manaksia Coated?

As of 31st August, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,292.00 Cr, with recent net sales of 896.83 Cr and a net profit of 40.78 Cr. The latest balance sheet shows shareholder's funds of 348.96 Cr and total assets of 754.81 Cr.

As of 31st August, Manaksia Coated Metals & Industries Ltd has a market capitalization of 1,292.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 896.83 Cr and a Net Profit of 40.78 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 348.96 Cr and Total Assets of 754.81 Cr.

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

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.

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.

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.