Manaksia Coated Metals & Industries Ltd (IN:MANAKCOAT)
:MANAKCOAT
Want to see IN:MANAKCOAT full AI Analyst Report?
Top Page
Manaksia Coated Metals & Industries Ltd
(MANAKCOAT)
Select Model
Select Model
Rating:52Neutral
Price Target:
₹106.00
▼(-19.15% Downside)
Action:Reiterated
Date:05/11/26
The score is held back primarily by weak 2026 cash conversion (negative operating and free cash flow), despite improving profitability and a stronger leverage profile. Technicals also indicate a downtrend with negative momentum, while valuation is pressured by a high P/E even after factoring in the solid dividend yield.
Positive Factors
Revenue and margin improvement
Revenue and reported profitability meaningfully improved in 2026 versus prior year, driven by higher sales and better margins. Sustained top-line growth and expanding margins indicate improved pricing power and cost control that, if maintained, bolster durable earnings generation over months ahead.
Negative Factors
Weak cash conversion in 2026
Negative operating and free cash flow despite rising profits shows earnings are not converting to cash, likely from working‑capital build or heavy investment. This weak cash conversion threatens liquidity, capital allocation flexibility and the durability of reported earnings improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and margin improvement
Revenue and reported profitability meaningfully improved in 2026 versus prior year, driven by higher sales and better margins. Sustained top-line growth and expanding margins indicate improved pricing power and cost control that, if maintained, bolster durable earnings generation over months ahead.
Read all positive factors
Manaksia Coated Metals & Industries Ltd (MANAKCOAT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹10.68B
Dividend Yield0.04%
Average Volume (3M)184.18K
Price to Earnings (P/E)21.9
Beta (1Y)0.99
Revenue Growth13.16%
EPS Growth104.35%
CountryIN
Employees278
SectorBasic Materials
Sector Strength58
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)4.14
Shares Outstanding105,834,050
10 Day Avg. Volume517,975
30 Day Avg. Volume184,184
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)2.56
Price to Sales (P/S)1.01
P/FCF Ratio-11.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 cons...
How the Company Makes Money
MANAKCOAT primarily makes money by manufacturing and selling coated steel products (notably colour-coated/pre-painted steel and galvanized steel in coil/sheet form) to customers that use these materials for roofing/cladding, building components, a...
Manaksia Coated Metals & Industries Ltd Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
71
Positive
Cash Flow
36
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.83B | 8.84B | 7.82B | 7.40B | 6.52B | 6.48B |
| Gross Profit | 2.12B | 2.00B | 1.70B | 921.99M | 732.57M | 1.56B |
| EBITDA | 924.46M | 804.19M | 630.09M | 523.93M | 390.70M | 385.10M |
| Net Income | 380.10M | 406.88M | 153.88M | 112.37M | 93.59M | 86.25M |
Balance Sheet | ||||||
| Total Assets | 7.46B | 7.55B | 6.46B | 5.37B | 5.48B | 4.84B |
| Cash, Cash Equivalents and Short-Term Investments | 302.42M | 339.04M | 256.87M | 220.25M | 201.27M | 235.34M |
| Total Debt | 1.03B | 1.15B | 1.42B | 1.78B | 1.90B | 1.78B |
| Total Liabilities | 4.11B | 4.06B | 4.19B | 3.85B | 4.29B | 3.75B |
| Stockholders Equity | 3.35B | 3.49B | 2.27B | 1.52B | 1.19B | 1.09B |
Cash Flow | ||||||
| Free Cash Flow | -273.21M | -795.59M | 82.62M | 138.54M | -25.31M | -126.13M |
| Operating Cash Flow | -149.36M | -360.95M | 299.77M | 215.67M | 81.35M | -126.13M |
| Investing Cash Flow | -115.10M | -186.94M | -203.49M | -61.89M | -79.96M | 87.67M |
| Financing Cash Flow | 257.27M | 539.45M | -101.02M | -156.02M | -56.19M | 56.55M |
Manaksia Coated Metals & Industries Ltd Technical Analysis
Neutral
131.10
Price Trends
106.30
Negative
116.13
Negative
130.89
Negative
Market Momentum
-2.44
Positive
44.80
Neutral
50.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANAKCOAT, the sentiment is Neutral. The current price of 131.1 is above the 20-day moving average (MA) of 103.96, above the 50-day MA of 106.30, and above the 200-day MA of 130.89, indicating a bearish trend. The MACD of -2.44 indicates Positive momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 50.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MANAKCOAT.
Manaksia Coated Metals & Industries Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹21.95B | 24.91 | ― | 1.07% | -1.36% | -30.57% | |
72 Outperform | ₹54.25B | 23.59 | ― | 0.02% | 26.39% | 28.11% | |
63 Neutral | ₹237.99B | 379.22 | ― | ― | 93.07% | 26.11% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | ₹10.77B | 27.80 | ― | 0.65% | 2.95% | -25.58% | |
54 Neutral | ₹29.39B | 10.41 | ― | 0.39% | -10.34% | ― | |
52 Neutral | ₹10.68B | 21.93 | ― | 0.04% | 13.16% | 104.35% |
* Basic Materials Sector Average
IN:MANAKCOAT
Manaksia Coated Metals & Industries Ltd
100.95
2.48
2.52%
IN:ALICON
Alicon Castalloy Limited
656.45
-244.77
-27.16%
IN:BALUFORGE
Balu Forge Industries Ltd
475.90
-196.40
-29.21%
IN:MMFL
MM Forgings Limited
454.65
99.04
27.85%
IN:PTCIL
PTC Industries Ltd
15,874.05
225.85
1.44%
IN:SUNCLAY
Sundaram-Clayton Limited
1,333.05
-1,132.85
-45.94%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.