Manaksia Coated Metals & Industries Ltd (MANAKCOAT) AI Stock Analysis

• Market Cap: ₹14.13B
• Dividend Yield: 0.04%
• Average Volume (3M): 184.18K
• Price to Earnings (P/E): 32.6
• Beta (1Y): 1.19
• Revenue Growth: 18.99%
• EPS Growth: 96.30%
• Country: IN
• Employees: 278
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 1.32
• Shares Outstanding: 105,834,050
• 10 Day Avg. Volume: 517,975
• 30 Day Avg. Volume: 184,184
• PEG Ratio: 1.59
• Price to Book (P/B): 2.58
• Price to Sales (P/S): 0.75
• P/FCF Ratio: 70.77
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹142.00 ▲(8.31% Upside)

Manaksia Coated Metals & Industries Ltd's overall stock score is primarily influenced by its strong financial performance, characterized by consistent revenue and profit growth and effective cost management. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued, which negatively impacts the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion and stability.

Margin Improvement

Improving margins suggest enhanced operational efficiency and cost control, which can lead to better profitability and competitive positioning.

Cash Flow Generation

Improved cash generation enhances financial flexibility, enabling investments in growth opportunities and reducing reliance on external financing.

Negative Factors

Free Cash Flow Volatility

Volatile free cash flow can limit the company's ability to consistently fund operations and growth initiatives, posing a risk to financial stability.

Moderate Profit Margins

Modest profit margins indicate potential challenges in achieving higher profitability, which could affect long-term financial performance and investor returns.

Reliance on Liabilities

Reliance on liabilities can increase financial risk, especially if leverage rises, potentially impacting the company's ability to weather economic downturns.

Manaksia Coated Metals & Industries Ltd Business Overview & Revenue Model

Company Description

Manaksia Coated Metals & Industries Limited manufactures and sells coated metal and household products in India and internationally. It offers galvanized steel sheets/coils, and pre-painted steel coils/sheets for various applications, such as construction, white goods, automotive, furniture, containers, and roofing and façade under the Colour Strong, Zingalvo, and Singham brand names. The company also provides mosquito repellent coils, liquid vaporizers, incense, and paper cards, as well as aerosol for mosquitoes and other crawling insects; and manufactures ultramarine blue powder used for fabric whitener. It also engages in trading of agro products. The company was incorporated in 2010 and is based in Hyderabad, India.

How the Company Makes Money

Manaksia Coated Metals & Industries Ltd generates revenue primarily through the sale of its coated metal products, particularly pre-painted galvanized iron sheets. The company’s revenue model is based on direct sales to industrial clients, distributors, and retailers in various sectors. Key revenue streams include bulk orders from manufacturers in construction and automotive sectors, which require high-quality coated materials for their production processes. Additionally, MANAKCOAT benefits from strategic partnerships with various suppliers and distributors that enhance its market reach. The company also focuses on exporting its products to international markets, further diversifying its income sources. Factors contributing to its earnings include the demand for eco-friendly building materials, the growth of infrastructure projects, and the expansion of the automotive industry in emerging markets.

Manaksia Coated Metals & Industries Ltd Financial Statement Overview

Summary

Manaksia Coated Metals & Industries Ltd presents a strong financial outlook with consistent revenue and profit growth, effective cost management, and improving margins. The balance sheet exhibits stable equity growth and manageable leverage, reducing financial risk. Cash flow generation has improved, although maintaining stability in Free Cash Flow growth is crucial. Overall, the company's financials demonstrate a healthy growth trajectory with areas for potential optimization in profitability and cash flow management.

Income Statement

Manaksia Coated Metals & Industries Ltd has demonstrated solid revenue growth, with a notable increase in Total Revenue from 2020 to 2025. The Gross Profit Margin has been improving, reflecting effective cost management. The Net Profit Margin has also shown positive trends, although it remains modest, indicating room for improving profitability. The EBITDA Margin has strengthened, which suggests enhanced operational efficiency. Overall, the income statement reflects a robust growth trajectory with opportunities for further profitability enhancements.

Balance Sheet

The company's balance sheet shows a stable equity base, with Stockholders' Equity increasing over the years. The Debt-to-Equity Ratio indicates manageable leverage levels, with a decreasing trend in debt relative to equity, which reduces financial risk. The Return on Equity (ROE) has been improving, suggesting that the company is effectively using its equity to generate profits. However, the Equity Ratio shows moderate reliance on liabilities, suggesting potential risks if leverage increases significantly.

Cash Flow

The cash flow statement reveals fluctuating Free Cash Flow, with significant growth in recent years, showing improved cash generation capabilities. The Operating Cash Flow to Net Income Ratio indicates a solid conversion of earnings into cash, although the Free Cash Flow to Net Income Ratio has been volatile, reflecting variable capital expenditures. While the cash flow is on a positive trajectory, maintaining consistent Free Cash Flow growth remains a challenge.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.38B	7.82B	7.40B	6.52B	6.48B	4.46B
Gross Profit	1.83B	1.70B	921.99M	732.57M	1.56B	983.15M
EBITDA	768.25M	630.09M	523.93M	390.70M	385.10M	321.43M
Net Income	264.12M	153.88M	112.37M	93.59M	86.25M	58.53M
Balance Sheet
Total Assets	0.00	6.46B	5.37B	5.48B	4.84B	4.39B
Cash, Cash Equivalents and Short-Term Investments	250.60M	256.87M	220.25M	201.27M	235.34M	150.17M
Total Debt	0.00	1.42B	1.78B	1.90B	1.78B	1.47B
Total Liabilities	-2.27B	4.19B	3.85B	4.29B	3.75B	3.39B
Stockholders Equity	2.27B	2.27B	1.52B	1.19B	1.09B	998.62M
Cash Flow
Free Cash Flow	0.00	82.62M	138.54M	-25.31M	-126.13M	127.32M
Operating Cash Flow	0.00	299.77M	215.67M	81.35M	-126.13M	195.67M
Investing Cash Flow	0.00	-203.49M	-61.89M	-79.96M	87.67M	-58.30M
Financing Cash Flow	0.00	-101.02M	-156.02M	-56.19M	56.55M	-118.58M

Manaksia Coated Metals & Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 131.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANAKCOAT, the sentiment is Positive. The current price of 131.1 is below the 20-day moving average (MA) of 131.59, below the 50-day MA of 136.64, and above the 200-day MA of 130.04, indicating a neutral trend. The MACD of -1.90 indicates Negative momentum. The RSI at 50.39 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MANAKCOAT.

Manaksia Coated Metals & Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KAMDHENU	73 Outperform	₹6.34B	9.03	―	1.07%	7.64%	15.01%
NELCAST	64 Neutral	₹8.46B	23.00	―	0.48%	0.43%	-23.95%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KOTHARIPET	60 Neutral	₹7.06B	10.68	―	0.81%	-4.92%	1.29%
KUANTUM	60 Neutral	₹8.13B	12.53	―	3.24%	-9.47%	-54.96%
MANAKCOAT	58 Neutral	₹14.13B	32.60	―	0.04%	18.99%	96.30%
STEELXIND	54 Neutral	₹10.83B	31.61	―	―	5.31%	30.14%

Manaksia Coated Metals & Industries Ltd Corporate Events

Manaksia Coated Metals Boosts Capacity With Strategic Aluminium-Zinc Line Upgrade

Manaksia Coated Metals & Industries Ltd has completed a strategic technology upgrade of its Continuous Galvanising Line, converting from conventional galvanised steel to aluminium-zinc coated steel while expanding installed capacity from 132,000 MTPA to 180,000 MTPA. The enhanced line, designed for higher speeds and improved operational capabilities, is expected to boost productivity, energy efficiency and coating cost optimisation per tonne, while delivering superior corrosion resistance and enabling the company to address growing demand for premium Alu-Zinc coated steel. By shifting further into higher-margin, value-added products and increasing scalability for both domestic and export markets, the upgrade is intended to strengthen the company’s EBITDA profile over the medium term and reinforce its competitive positioning in coated steel.

Manaksia Coated Metals Announces Financial Results and Strategic Initiatives

Manaksia Coated Metals & Industries Ltd announced its unaudited financial results for the quarter and half-year ending September 30, 2025, during a board meeting held on October 27, 2025. The company also approved a proposal to raise funds through the issuance of securities and decided to increase its authorized share capital from Rs. 12.5 crores to Rs. 16 crores. These strategic moves are aimed at enhancing the company’s financial flexibility and supporting future growth initiatives. Additionally, the company plans to conduct a postal ballot to seek shareholder approval for necessary resolutions, with M/s. S.S. Reddy & Associates appointed as scrutinizers for the process.

Manaksia Coated Metals Secures Approval for Capital Expansion

Manaksia Coated Metals & Industries Ltd has announced the successful approval of resolutions through a postal ballot, which included increasing the authorized share capital and raising capital via equity shares or linked securities. This strategic move is expected to enhance the company’s financial flexibility and support its growth initiatives, potentially strengthening its market position and benefiting stakeholders.

Manaksia Coated Metals Releases Q2 FY26 Earnings Presentation

Manaksia Coated Metals & Industries Ltd has released its earnings presentation for the quarter ending September 30, 2025, as per regulatory requirements. This announcement is intended to inform stakeholders and the public about the company’s financial performance and strategic positioning in the market.

Manaksia Coated Metals Initiates Postal Ballot for Shareholder Approval

Manaksia Coated Metals & Industries Ltd has announced a postal ballot to seek shareholder approval for certain business transactions, in compliance with SEBI regulations. This move, facilitated through electronic voting, aims to ensure transparency and engagement with stakeholders, potentially impacting the company’s governance and operational decisions.

Manaksia Coated Metals & Industries Ltd Announces Strategic Financial Decisions

Manaksia Coated Metals & Industries Ltd held a board meeting on October 27, 2025, where several key decisions were made. The board approved the unaudited financial results for the quarter and half-year ending September 30, 2025, and proposed raising funds through the issuance of various securities. Additionally, the company plans to increase its authorized share capital and amend its memorandum of association. These strategic moves are aimed at strengthening the company’s financial position and expanding its market capabilities.

Manaksia Coated Metals & Industries Ltd Reports Financial Results and Announces Strategic Initiatives

Manaksia Coated Metals & Industries Ltd announced the approval of its unaudited financial results for the quarter and half-year ending September 30, 2025. The company also revealed plans to raise funds through various securities, subject to shareholder and regulatory approvals. Additionally, the authorized share capital will be increased, and a postal ballot will be conducted to propose necessary resolutions to shareholders. These strategic decisions aim to enhance the company’s financial flexibility and support its growth initiatives.

Manaksia Coated Metals & Industries Ltd Announces Strategic Financial Initiatives

Manaksia Coated Metals & Industries Ltd announced several key decisions following its board meeting on October 27, 2025. The company approved its unaudited financial results for the quarter and half-year ending September 30, 2025, and proposed raising funds through various securities, subject to regulatory approvals. Additionally, the company plans to increase its authorized share capital from Rs. 12.5 crore to Rs. 16 crore, necessitating amendments to its memorandum of association. These strategic moves are aimed at strengthening the company’s financial position and supporting its growth initiatives.

Manaksia Coated Metals Submits SEBI Compliance Certificate

Manaksia Coated Metals & Industries Ltd has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending September 30, 2025. This submission, received from their Registrar and Share Transfer Agent, M/s. Maheshwari Datamatics Pvt. Ltd., is an essential compliance measure, reflecting the company’s commitment to regulatory adherence and transparency, which may enhance stakeholder confidence.