Manaksia Coated Metals & Industries Ltd · NSE:MANAKCOAT
Manaksia Coated Metals & Industries — Q4 FY25 Earnings Presentation
59 slides from Manaksia Coated Metals & Industries's earnings presentation, May 15, 2025
Slide 1: Stock exchange cover letter for Earnings Presentation
Sec/Coat/0010/FY 2025-2 Date : 15.05.2025 The Secretary The Manager BSE Limited National Stock Exchange of India Limited New Trading Wing, Exchange Plaza, C-1, Block “G” Rotunda Building, 5th floor, Bandra Kurla Complex, PJ Tower, Dalal Street, Bandra East, Mumbai- 400001 Mumbai- 400051 Scrip Code:
Slide 2: Q4 FY25 & FY25 Investor Presentation
Manaksia Coated Metals & Industries Limited Q4 FY25 & FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Manaksia Coated Metals & Industries Limited (MCMIL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Q4 FY25 & FY25 Financial & Operational Highlights
Q4 FY25 & FY25 Financial & Operational Highlights
Slide 5: Q4 FY25 Consolidated Performance Highlights (Y-o-Y)
Q4 FY25 Consolidated Performance Highlights (Y-o-Y) Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 209.85 17.15 17.13 5.20 5.03 184.67 2.81 9.29 8.16 2.39 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 All Figures In ₹ Cr & Margin in % Investor Presentation 4
Slide 6: FY25 Consolidated Performance Highlights (Y-o-Y)
FY25 Consolidated Performance Highlights (Y-o-Y) Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 63.01 15.39 789.66 746.18 56.87 11.55 7.62 7.98 1.55 2.00 FY24 FY25 FY24 FY25 FY24 FY25 All Figures In ₹ Cr & Margin in % Investor Presentation 5
Slide 7: Q4 FY25 & FY25 Consolidated Result Highlights
Q4 FY25 & FY25 Consolidated Result Highlights In ₹ Cr Particulars Q4 FY25 Q3 FY25 Q-O-Q Q4 FY24 Y-O-Y FY25 FY24 Y-O-Y Revenues 207.89 205.05 182.56 781.63 739.65 Other Income 1.96 2.78 2.11 8.03 6.53 Total Income 209.85 207.83 0.97% 184.67 13.64% 789.66 746.18 5.83% Raw Material costs 162.70 164.16
Slide 8: FY25 Performance Highlights
FY25 Performance Highlights Consolidated Standalone Standalone Financial Financial Financial Consolidated Standalone Financial Consolidated Financial Financial Key Key Financial Financial Ratios Ratios Performance Performance (12 (12 Months) Months) Performance Performance (12 (12 Months) Months) (F
Slide 9: FY25 Performance Highlights
FY25 Performance Highlights Operational Standalone StandalonePerformance Financial Financial Consolidated Consolidated Financial Financial Leverage Position Key Financial KeyEquity Ratios Infusion Financial Ratios Performance Performance (12 Months) (12 Months) (12 Months) Performance Performance (1
Slide 10: Core Projects Pipeline – Enabling Growth & Operational Excellence
Core Projects Pipeline – Enabling Growth & Operational Excellence Strategic Expansion & Sustainability Initiatives Galvanizing Line Upgradation (Alu- Captive Solar Power Plant Color Coating Line 2 (CCL2) Zinc Conversion) – Kutch, Gujarat – Kutch, Gujarat Expansion – Kutch, Gujarat o Objective: Upgra
Slide 11: Management’s Comment On Q4 FY25 & FY25 Performance
Management’s Comment On Q4 FY25 & FY25 Performance “We are pleased to report that FY25 was a landmark year for us. During the year, we successfully completed two crucial fund-raising initiatives through the allotment of warrants and equity shares. The capital raised has significantly strengthened ou
Slide 12: Company Overview
Company Overview ww
Slide 13: Manaksia Coated Metals & Industries: Driving Innovation In Coated Metal Products
Manaksia Coated Metals & Industries: Driving Innovation In Coated Metal Products Manaksia Coated Metals & Industries Limited (MCMIL, The Company) stands at the forefront of coated metal products manufacturing and export. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both
Slide 14: Exploring MCMIL: Key Facts & Figures
Exploring MCMIL: Key Facts & Figures 15 + 2 240 20 + 22 Manufacturing Active States Presence Overseas Year of Experience Across India Plants Customers Presence 1,32,000 MT 86,000 MT 300 + 100 + Per Annum Per Annum Permanent Of Galvanised Steel Of Pre-painted Contractual Employees Coils Steel Coils W
Slide 15: Key Milestones
Key Milestones Group expands into a well diversified conglomerate, running operations in Manaksia Group India, Nigeria and is established Ghana. Also sets Launch of which eventually up new facility in Manaksia Ltd Formation of “Colour Setup of new evolves into a Haldia , West declares IPO Manaksia S
Slide 16: Operational Footprint: Manufacturing, Branches & Warehouses
Operational Footprint: Manufacturing, Branches & Warehouses Jammu Manufacturing Plants o Kutch, Gujrat o Bhopal, Madhya Pradesh Branch Offices New Delhi o New Delhi o Ahmedabad Guwahati o Hyderabad o Kolkata Kutch Bhopal Stock Yards and Services centre Kolkata o Bhopal Ahmedabad o Cochin o Hyderabad
Slide 17: Strategically Located State Of The Art Manufacturing Facility
Strategically Located State Of The Art Manufacturing Facility Number of Plants 2 Installed Capacity Galvanised 1,32,000 MT per annum Pre-painted 86,000 MT per annum Strategically situated, the company's manufacturing facility in Kutch, Gujarat, is in close proximity to Kandla and Mundra Ports, enhan
Slide 18: Geographical Diversity: MCMIL's International Footprint
Geographical Diversity: MCMIL's International Footprint o Portugal o Netherlands o Spain o Tanzania o Italy o Sierra Leone o Greece o Ghana o Cyprus o Ivory Coast o Poland o Gambia o Romania o Gabon o Bulgaria o Germany o Hungary o Ecuador o UAE (United Arab o Colombia Emirates) o Brazil o Qatar MCM
Slide 19: BIS Certification: Benchmarking Product Excellence
BIS Certification: Benchmarking Product Excellence Investor Presentation 18
Slide 20: Proven Quality: MCMIL's Strong Certifications
Proven Quality: MCMIL's Strong Certifications ISO 9001:2015 ISO 14001:2015 ISO 45001:2018 Three Star Export House Investor Presentation 19
Slide 21: Scaling New Heights: MCMIL’s Three Star Export House Recognition
Scaling New Heights: MCMIL’s Three Star Export House Recognition Elevated to Three Star Export House by the Ministry of Commerce & Industry. Exploring new growth opportunities in international markets. Strategic Implications Upgradedfrom one star to Diversifying Enhanced global 3 star export house p
Slide 22: Stronger Standing: A New Benchmark in Creditworthiness
Stronger Standing: A New Benchmark in Creditworthiness Acuite Rating & Research Limited has upgraded Manaksia Coated Metals & Industries Limited's ratings Long-Term Rating: Short-Term Rating: From ACUITE BBB+ to A- From ACUITE A2 to A2+ Significance: o Global Credibility: Elevates reputation and att
Slide 23: Maximizing Financial Flexibility with Key Banking Relationships
Maximizing Financial Flexibility with Key Banking Relationships Strategic Advantages of Banking Partnerships for MCMIL Secured funding for Improved cash flow Diversified banking Enhanced negotiation expanding capacity and management through credit relationships reducing leverage for favorable loan a
Slide 24: Business Overview
Business Overview al
Slide 25: Production Process
Production Process Other Input Raw ZINC PAINT Material Equipment Cold Rolling Mill Continuous Continuous Colour Galvanising Line (CGL) Coating Line (CCL) HOT ROLLED COLD ROLLED GALVANISED PRE-PAINTED Production STEEL (HRC) STEEL (CRC) STEEL (GI) STEEL (PPGI) Process Final Product Galvanises Steel Co
Slide 26: Overview Of Products Portfolio
Overview Of Products Portfolio Galvanised Steel Sheets & Coils Pre-painted Steel Sheets & Coils Investor Presentation 25
Slide 27: Galvanised Steel Sheets & Coils
Galvanised Steel Sheets & Coils o Galvanised Steel boasts exceptional quality, featuring precise zinc coating control and advanced surface treatments for enhanced corrosion resistance. o With state-of-the-art technology ensuring uniformity and adherence to international standards, it offers superior
Slide 28: Pre-painted Steel Sheets & Coils
Pre-painted Steel Sheets & Coils o Pre-painted steel Sheets & Coils exhibit superior quality, incorporating a protective paint layer that enhances both aesthetics and corrosion resistance. Employing advanced 'two coat-two bake' processes and a diverse range of paint systems, these products ensure du
Slide 29: Diverse Applications Of Coated Steel Products
Diverse Applications Of Coated Steel Products Domestic Industrial Metal Dry Wall Metal Ceiling Roofing & Building HVAC Systems Refrigeration Partition Systems Cladding Construction Systems Pharma Clean Metal Doors & White Goods & Modern Elevator Bus Body Metal Safes Rooms Windows Appliances Systems
Slide 30: Total Sales Quantitative Performance
Total Sales Quantitative Performance Total Volume Pre-Painted Steel Coils Galvanised steel coils In MTPA 16.91% CAGR 1,02,174 89,966 74,377 75,338 64,028 61,479 50,458 34,535 29,493 28,487 26,836 23,919 FY22 FY23 FY24 FY25 The company successfully shifted its focus towards achieving a higher volume
Slide 31: Export Vs. Domestic Sales - Quantitative Breakdown
Export Vs. Domestic Sales - Quantitative Breakdown In % In % FY25 In % FY23 FY24 18.46 31.16 35.07 68.84 64.93 81.54 Domestic Revenue Export Revenue In MTPA Particulars FY23 FY24 FY25 Domestic Sales Quantity 60,648 61,929 66,337 Export Sales Quantity 13,729 28,037 35,837 Total 74,377 89,966 1,02,174
Slide 32: Management Overview
Management Overview ww
Slide 33: Board Of Directors & KMPs
Board Of Directors & KMPs Mr. Sushil Kumar Agrawal Mr. Karan Agrawal Mr. Mahendra Bang Mr. Tushar Agrawal (Managing Director) (Whole Time Director) (Chief Financial Officer) (Senior Vice President) • Mr. Tushar Agrawal, with a BSC in • Mr. Sushil Kumar Agrawal, a • Mr. Karan Agrawal has done • Mr. M
Slide 34: Board Of Directors & KMPs
Board Of Directors & KMPs Mr. Sakesh Soni Mr. Anil Patil Mr.Arup Bhaduri Mr.Bhaskar Kantekar (Chief Operating Officer) (Quality Chief) Assistant General Manager Senior.General Manager - Sales • Mr. Sakesh Soni, with over 2 (Sales and Marketing)- Export & Marketing - Domestic • Mr. Anil Patil, with o
Slide 35: Industry Overview
Industry Overview
Slide 36: Government Initiatives and Market Trends Driving Steel Growth
Government Initiatives and Market Trends Driving Steel Growth Robust Demand: Per - Capita Consumption of Steel (In kgs) Domestic steel demand estimated to grow by 9-10% in FY25 (ICRA forecast). Increasing Investments: • Steel industry witnessing consolidation, attracting investments from other secto
Slide 37: Financial Overview
Financial Overview a
Slide 38: FY25 Standalone Key Financial Highlights
FY25 Standalone Key Financial Highlights Total Income EBITDA Net Profit 789.55 62.91 745.80 15.64 56.91 656.83 11.64 38.09 5.03 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 All Figures In ₹ Cr Investor Presentation 37
Slide 39: FY25 Consolidated Key Financial Highlights
FY25 Consolidated Key Financial Highlights Total Income EBITDA Net Profit EBITDA Margin Net Profit Margin 789.66 63.01 746.18 7.99 7.98 7.62 56.87 656.30 657.34 6.61 5.80 43.39 38.12 449.07 35.89 15.82 2.00 11.55 1.61 1.55 10.60 1.30 1.40 9.20 5.55 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 F
Slide 40: Product-Wise Revenue Breakdown
Product-Wise Revenue Breakdown Total Revenue Prepainted Steel Coils Galvanizing Steel Coils Others In Cr 781.63 739.65 647.74 651.84 582.21 510.62 438.60 322.50 307.22 202.07 180.42 170.01 18.02 32.82 26.96 29.41 FY22 FY23 FY24 FY25 The company's value-added pre-painted steel coils have emerged as r
Slide 41: Export Vs. Domestic – Revenue Breakdown
Export Vs. Domestic – Revenue Breakdown In % In % FY25 In % FY23 FY24 21.55 32.64 39.20 60.80 67.36 78.45 Domestic Revenue Export Revenue In ₹ Cr Particulars FY23 FY24 FY25 Domestic Revenue 512.97 498.25 475.24 Export Revenue 138.87 241.43 306.39 Total 651.84 739.65 781.63 The company has sustained
Slide 42: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY23 FY24 FY25 Revenues 651.84 739.65 781.63 Other Income 5.50 6.53 8.03 Total Income 657.34 746.18 789.66 Raw Material Expenses 516.33 590.34 612.09 Employee costs 17.41 16.11 16.11 Other expenses 85.49 82.86 99.66 Total Expenditure 619.22 68
Slide 43: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY23 FY24 FY25 Assets FY23 FY24 FY25 Equity 6.55 7.43 7.95 Non Current Assets Reserves 112.70 144.94 218.75 Fixed Assets 170.79 168.31 180.89 Net Worth 119.25 152.37 226.70 Non Current Liabilities Other Non Current Financial Assets 0.00 0.00
Slide 44: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement In ₹ Cr Particulars FY23 FY24 FY25 Cashflow from Operations 8.13 21.57 29.98 Cashflow from Investments -8.00 -6.19 -20.35 Cashflow from Financing -5.62 -15.60 -10.10 Net Cash flow -5.48 -0.22 -0.47 Opening Cash & Cash Equivalent 4.65 0.40 0.40 Effect of Foreign Curre
Slide 45: Consolidated Key Ratios
Consolidated Key Ratios ROE In % Debt To Equity In Times Book Value In ₹ 28.56 7.85 2.48 20.52 7.37 1.81 18.20 1.53 6.79 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 ROCE In % Interest Coverage In Times EPS In ₹ 1.58 2.07 13.8 13.77 1.46 1.67 1.43 9.15 1.32 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY
Slide 46: Stock Data
Stock Data As on 14-05-2025 As on 11-04-2025 NSE: MANAKCOAT BSE: 539046 | ISIN: INE830Q01018 Shareholding Pattern Share Price ₹ 94.98 Market Capitalization ₹ Cr 884.59 36.88 Promoter & Promoter Group 9,31,34,050 No. of Share Outstanding 1.00 Face Value ₹ 63.12 Public 118.99 52 Week High ₹ 51.40 52 W
Slide 47: The Way Forward
The Way Forward
Slide 48: Production Capacity
Production Capacity Current Capacity Phase 1 and 2 Phase 3 FY06 FY22 FY26 40,000 MTPA 86,000 MTPA 2,36,000 MTPA Pre-Painted Line Capacity increased Capacity increased Steel • New Electrical Upgrade by – 170% • New Incinerator (New CCL to be installed of capacity 150,000MT) (Phase 2) FY18 FY23 FY26 F
Slide 49: Galvanising Infrastructure: Transforming GI to GL (Phase 1- Q1 FY26)
Galvanising Infrastructure: Transforming GI to GL (Phase 1- Q1 FY26) Transition from manufacturing Galvanised steel to Alu-Zinc Coated Steel Phase 1 Expansion: Upgrading to Superior Technology and Line Speed Increase. Capacity Expansion: From 1,32,000 MT/Annum To 180,000 MT/Annum Features & Benefits
Slide 50: Superior Corrosion Protection with Aluminum-Zinc
Superior Corrosion Protection with Aluminum-Zinc Alu - Zinc Coating Advantages: • Demand for the Aluminum Zinc Coating is growing at a significantly higher rate compared to galvanised steel. • It has greater market acceptability than galvanised steel. • There are fewer competitors in the market offe
Slide 51: Investment - Captive Solar Power Plant (Phase 1 - FY26)
Investment - Captive Solar Power Plant (Phase 1 - FY26) 6 MW Solar Power Plant Planned : Reduce Carbon Footprint And Power Costs Captive via Renewable Solar Sustainability Initiative: Transition to Renewable Energy Aiming to meet Reduction in Lowering carbon Accelerated Driven towards the markets to
Slide 52: Investment - Other Infrastructure (Phase 1 - FY26)
Investment - Other Infrastructure (Phase 1 - FY26) New Coil Slitting Line: Precision Slitting facility for GI and PPGI coils New Coil Slitting Line: Capacity 30,000 MT Value Addition Target Market Provides enhanced product customization and Designed to meet the specific needs of OEMs in the white im
Slide 53: New Color Coating Line – CCL 2 (Phase 2 - FY26)
New Color Coating Line – CCL 2 (Phase 2 - FY26) Thickness Range : Expected line Capacity: 0.3mm - 1.2mm 150,000 MT Width: Paint Systems: 610- 1450mm RMP, SMP, SDP & PVDF Max Line Speed: 90MPM The Color Coating Line is targeted to produce material suitable for White Good Appliances. 1. In talks with
Slide 54: CRM Complex (Phase 3 - FY27/FY28)
CRM Complex (Phase 3 - FY27/FY28) Cold Rolling Mill o IMPORTED Hitachi 6Hi CRM, having capacity of 300,000MT/PA o New Hitachi Make Electrical Drives and AC Motors Maximum Speed: Input Thickness: 1450mpm 1.5mm – 4.5mm Output Thickness: Width: 0.15mm – 2.3mm 610-1330mm Other Equipment In CRM Complex:
Slide 55: New Aluminum Zinc Coating Line (Phase 3 - FY27/FY28)
New Aluminum Zinc Coating Line (Phase 3 - FY27/FY28) Adding a second aluminum zinc coating line – To enhance downstream product capacity Capacity Increase By 100% Capacity Expansion From 180,000 MTPA To 360,000 MT/Annum Strategic Impact • Facilitate full utilization of new cold rolling capacity. • E
Slide 56: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) MCMIL prioritizes societal, ecological, and environmental well-being. CSR is integral for sustainable business, promoting inclusive practices Company CSR activities focuses on: Education Healthcare Environment Community Development Mission: Pursue initiatives fo
Slide 57: Building A Better Tomorrow: Sustainable Practices & Green Initiatives
Building A Better Tomorrow: Sustainable Practices & Green Initiatives The ESG Policy prioritizes environmentally responsible practices, aiming to minimize adverse impacts on employees, communities, and the environment. Zero discharge Waste management Plants 150 trees every infrastructure in with eff
Slide 58: Investment Rationale
Investment Rationale Strong Financial Performance Technological Advancements & Expansions In FY25, the company posted a 5.68% revenue growth and an The company is expanding cold-rolling and color-coating capacity to exceptional 36.97% PAT increase, highlighting its strong 300,000 MT by FY27/28. prof
Slide 59: Thank You
Thank You Plot No.15, Navodaya Colony, Road No.14, Banjara Hills, Hyderabad – 500 034India info@mcmil.in Email: info@mcmil.in Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604 info@kirinadvisors.com E-mail: info@kirinadvisors.com Phone: 022 4100 2455 www.kir
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