Manaksia Coated Metals & Industries Ltd · NSE:MANAKCOAT
Manaksia Coated Metals & Industries — Q3 FY26 Earnings Presentation
56 slides from Manaksia Coated Metals & Industries's earnings presentation, Feb 3, 2026
Slide 1: Stock exchange cover letter for earnings presentation
Sec/Coat/104/FY 2025-26 Dated : 03.02.2026 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: Q3 & 9M FY26 Investor Presentation
Q3 & 9M FY26 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: Q3 & 9M FY26 Key Operational & Financial Highlights
Q3 & 9M FY26 Key Operational & Financial Highlights Investor Presentation 3
Slide 5: Q3 FY26 Consolidated Performance Highlights (Y-o-Y)
Q3 FY26 Consolidated Performance Highlights (Y-o-Y) Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 7.35 207.83 18.50 17.25 189.91 5.01 3.87 9.74 8.30 2.41 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 All Figures In ₹ Cr & Margin in % Investor Presentation 4
Slide 6: 9M FY26 Consolidated Performance Highlights (Y-o-Y)
9M FY26 Consolidated Performance Highlights (Y-o-Y) Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 76.57 667.52 35.32 579.81 45.86 10.35 11.47 5.29 7.91 1.79 9M FY25 9M FY26 9M FY25 9M FY26 9M FY25 9M FY26 All Figures In ₹ Cr & Margin in % Investor Presentation 5
Slide 7: Credit Rating Upgraded – A Testament To Financial Strength
Credit Rating Upgraded – A Testament To Financial Strength Acuité Credit Rating Stronger Ratings Backed by Strong Fundamentals A1 Strong financial profile with consistent performance A A2 A (-) Prudent and disciplined financial management Healthy balance sheet and robust operational metrics Sustaine
Slide 8: Management’s Comment On Q3 & 9M FY26 Performance
Management’s Comment On Q3 & 9M FY26 Performance Commenting on the performance Mr. Karan Agrawal, Whole Time Director, Manaksia Coated Metals & Industries Limited said, The 9 Months of FY26 marked another strong phase of growth and strategic progress for Manaksia Coated Metals & Industries Limited,
Slide 9: MCMIL: Powering Progress With Premium Coated Metals
MCMIL: Powering Progress With Premium Coated Metals Investor Presentation 8
Slide 10: MCMIL: Specializing In Advanced Coated Metals
MCMIL: Specializing In Advanced Coated Metals Manaksia Coated Metals & Industries Limited (MCMIL, the Company) is one of the leading manufacturers and exporters of high-performance coated metal products, offering Pre-Painted and Plain Galvanised Steel in coil and sheet forms. Operating from its adva
Slide 11: Key Metrics Unveiled: Driving Excellence In Coated Metals
Key Metrics Unveiled: Driving Excellence In Coated Metals 43 20 + 240 Driving Scale Through 15 + Countries- States Presence Active Experience and Reach Years of Experience Export Presence Across India Customers ISO 9001:2015 BIS Certified Operational Excellence & ISO 14001:2015 400 + 3 Star IS 277 A
Slide 12: Journey: Growth Trajectory & Achievements
Journey: Growth Trajectory & Achievements Successfully A cutting-edge A Steel Service Centre Galvanised steel Enhancements and The Manaksia upgraded CGL manufacturing unit is becomes operational production begins at a new upgrades to production MCMIL attains the Group begins its to Alu- Zinc, launch
Slide 13: Expanding Horizons: Growing Presence Across Markets
Expanding Horizons: Growing Presence Across Markets Jammu New Delhi Guwahati Kutch Bhopal Kolkata Ahmedabad Hyderabad Cochin ➢ LATVIA ➢ POLAND ➢ NETHERLAND ➢ TANZANIA ➢ MOZAMBIQUE ➢ BURKINA FASO ➢ OMAN ➢ SLOVENIA ➢ UKRAINE ➢ CYPRUS ➢ GUINEA BISSAU ➢ CAMEROON ➢ GABON ➢ QATAR Corporate Office ➢ ROMANI
Slide 14: Manufacturing Excellence Centre
Manufacturing Excellence Centre The company’s manufacturing facility in Kutch, Gujarat, is strategically located near Kandla and Mundra Ports, facilitating efficient imports, exports, and access to domestic coastal routes. Investor Presentation 13
Slide 15: Accredited For Excellence And Performance
Accredited For Excellence And Performance ISO 9001:2015 ISO 14001:2015 BIS Certifications: Ensuring Product Integrity ISO 45001:2018 Three Star Export House Investor Presentation 14
Slide 16: Long Term Banking Relationships
Long Term Banking Relationships Investor Presentation 15
Slide 17: Comprehensive Steel Coating Solutions
Comprehensive Steel Coating Solutions Investor Presentation 16
Slide 18: Optimized Process For Steel Coating Excellence
Optimized Process For Steel Coating Excellence Other Input Raw Material ZINC PAINT Continuous Galvanising Line Continuous Colour Equipment Cold Rolling Mill (CGL) Coating Line (CCL) Hot Rolled Steel Cold Rolled Steel Galvanised Steel Pre-painted Steel Production (HRC) (CRC) (Gi) (PPGI) Process Final
Slide 19: Galvanised Steel Sheets & Coils: Precision Zinc Coating For Superior Quality
Galvanised Steel Sheets & Coils: Precision Zinc Coating For Superior Quality Product Overview • Galvanised Steel stands out for its superior quality, achieved through precise control of zinc coating and advanced surface treatments that enhance corrosion resistance. • Using state-of-the-art technolog
Slide 20: Pre-painted Steel Sheets & Coils: Advanced Coating For Corrosion Protection
Pre-painted Steel Sheets & Coils: Advanced Coating For Corrosion Protection Product Overview Profiles & Sheet Types • Designed for both performance and aesthetics, • TRHI-Ribapezoidal Profile-1000 Colour Coated Steel offers corrosion resistance • Trapezoidal HI-Rib Profile-1050 and superior visual a
Slide 21: Extensive Product Range
Extensive Product Range Galvanised Steel Sheets & Coils Pre-painted Steel Sheets & Coils Investor Presentation 20
Slide 22: Diverse Applications Of Coated Steel Products
Diverse Applications Of Coated Steel Products Domestic Roofing Metal Ceiling Dry Wall Partition Industrial Buildings HVAC Systems Refrigeration & Cladding Systems Systems Pharma Clean Metal Doors White Goods Modern Elevator Bus Body Metal Safes Rooms & Windows & Appliances Systems Building Solar Wat
Slide 23: Empowering The Future With Visionary Management
Empowering The 0 Future With Visionary Management Investor Presentation 22
Slide 24: Management Team At A Glance
Management Team At A Glance Mr. Sushil Agrawal Mr. Karan Agrawal Mr. Mahendra Bang Mr. R K Lodhi Mr. Sakesh Soni Mr. Anil Patil (Managing Director) (Whole Time Director) (Chief Financial Officer) (Head – Steel Business) (Chief Operating Officer) (Quality Chief) • 40+ years’ experience in • 17+ years
Slide 25: Management Team At A Glance
Management Team At A Glance Mr. Tushar Agrawal Mr. Priyaranjan Srivastava Mr. Bhaskar Kantekar Mr. Sachin Kapendra Mishra Mr. Arup Bhaduri (Senior Vice President) (General Manager - Finance) (Senior. General Manager - Sales (Senior General Manager – Sales (Assistant General Manager - & Marketing – D
Slide 26: Key Operational Metrics At A Glance
Key Operational Metrics At A Glance Investor Presentation 25
Slide 27: Total Sales Quantitative Performance
Total Sales Quantitative Performance Galvanised steel coils Pre-Painted Steel Coils Total Volume 17.21% CAGR 1,02,174 89,966 74,377 75,338 76,181 61,479 61,750 50,458 28,487 26,836 23,919 14,430 FY23 FY24 FY25 9M FY26 The company successfully shifted its focus towards achieving a higher volume of Pr
Slide 28: Q3 FY26 Product-Wise Revenue Breakdown
Q3 FY26 Product-Wise Revenue Breakdown Q3 FY25 Q2 FY26 Q3 FY26 5.12% 3.98% 3.8% 6.51% 14.52% 19.17% 75.71% 81.68% 89.51% Galvanised Steel Sheets & Coils Pre-painted Steel Sheets & Coils Other In ₹ Cr Particulars Q3 FY25 Q2FY26 Q3 FY26 Galvanised Steel Coils 39.31 14.34 27.13 Pre-painted Steel Coils
Slide 29: Q3 FY26 Export Vs. Domestic – Revenue Breakdown
Q3 FY26 Export Vs. Domestic – Revenue Breakdown Q3 FY25 Q2 FY26 Q3 FY26 14.94% 47.17% 33.88% 52.83% 66.12% 85.06% Domestic Revenue Export Revenue In ₹ Cr Particulars Q3 FY25 Q2 FY26 Q3 FY26 Domestic Revenue 108.32 32.91 63.33 Export Revenue 96.73 187.42 123.57 Total 205.05 220.33 186.90 Investor Pre
Slide 30: Robust Order Book: Reflecting Market Demand & Product Strength
Robust Order Book: Reflecting Market Demand & Product Strength Total Order Book Execution Timeline Export Contribution ₹500 Cr Next 12 Months 75% of Total Order Book Segment-wise Order Split Market Segment Value (₹ Cr) Share (%) Order Domestic ₹ 150 Cr 30% Export ₹ 350 Cr 70% Total ₹ 500 Cr 100% Inv
Slide 31: Product-Wise Revenue Breakdown
Product-Wise Revenue Breakdown FY23 FY24 FY25 9M FY26 3.64% 5.03% 3.76% 3.40% 21.75% 27.32% 27.68% 15.40% 81.20% 67.29% 74.49% 69.04% Galvanised Steel Sheets & Coils Pre-painted Steel Sheets & Coils Other In ₹ Cr Particulars FY23 FY24 FY25 9M FY26 Galvanised Steel Coils 180.42 202.07 170.01 101.16 P
Slide 32: Export Vs. Domestic – Revenue Breakdown
Export Vs. Domestic – Revenue Breakdown FY23 FY24 FY25 9M FY26 39.20% 32.64% 29.97% 21.55% 67.36% 78.45% 70.03% 60.80% Domestic Revenue Export Revenue Particulars FY23 FY24 FY25 9M FY26 In ₹ Cr Domestic Revenue 512.97 498.25 475.24 204.20 Export Revenue 138.87 241.43 306.39 452.81 Total 651.84 739.6
Slide 33: Financial Growth Accelerated By Operational Efficiency And Export Momentum
Financial Growth Accelerated By Operational Efficiency And Export Momentum Investor Presentation 32
Slide 34: Q3 & 9M FY26 Consolidated Result Highlights
Q3 & 9M FY26 Consolidated Result Highlights In ₹ Cr Particulars Q3FY26 Q3 FY25 Y-o-Y 9M FY26 9M FY25 YoY Revenues 186.90 205.05 657.02 573.74 Other Income 3.01 2.78 10.50 6.07 Total Income 189.91 207.83 -8.62% 667.52 579.81 15.13% Raw Material costs 144.84 164.16 482.50 449.39 Employee costs 4.50 3.
Slide 35: FY25 Consolidated Key Financial Highlights
FY25 Consolidated Key Financial Highlights Total Income EBITDA Net Profit EBITDA Margin Net Profit Margin 789.66 746.18 76.57 11.47 657.34 667.52 61.80 56.87 7.98 7.62 38.12 5.80 35.42 5.29 15.82 2.00 10.60 11.55 1.61 1.55 FY23 FY24 FY25 9M FY26 FY23 FY24 FY25 9M FY26 FY23 FY24 FY25 9M FY26 All Figu
Slide 36: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY23 FY24 FY25 9M FY26 Revenues 651.84 739.65 781.63 657.02 Other Income 5.50 6.53 8.03 10.50 Total Income 657.34 746.18 789.66 667.52 Raw Material Expenses 516.33 590.34 612.09 482.50 Employee costs 17.41 16.11 16.11 13.22 Other expenses 85.4
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY23 FY24 FY25 H1 FY26 Assets FY23 FY24 FY25 H1 FY26 Equity 6.55 7.43 7.95 10.58 Non Current Assets Reserves 112.70 144.94 218.75 324.47 Fixed Assets 170.79 168.31 180.89 188.95 Net Worth 119.25 152.37 226.70 335.06 Non Current Liabilities Ot
Slide 38: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement In ₹ Cr Particulars FY23 FY24 FY25 H1 FY26 Cashflow from Operations 8.13 21.57 29.98 -14.94 Cashflow from Investments -8.00 -6.19 -20.35 -11.51 Cashflow from Financing -5.62 -15.60 -10.10 25.73 Net Cash flow -5.48 -0.22 -0.47 -0.72 Opening Cash & Cash Equivalent 4.65
Slide 39: Consolidated Key Ratios
Consolidated Key Ratios In Times In Times In ₹ Fixed Asset Turnover Ratio Debt To Equity Book Value 31.66 2.48 28.56 4.39 4.32 4.25 1.81 20.52 1.53 18.20 1.19 3.82 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 ROCE In % Interest Coverage In Times EPS In ₹ 2.81 13.8 13.77 3.36
Slide 40: From Volume to Value: The Capacity Evolution
From Volume to Value: The Capacity Evolution Investor Presentation 39
Slide 41: Production Capacity
Production Capacity Phase 1 and 2 Phase 3 Pre-Painted FY06 FY22 FY27 Steel 40,000 MTPA Current 2,36,000 MTPA Capacity Capacity to be increased by – 86,000 MTPA Expansion Line Capacity increased 170% • New Electrical Upgrade (New CCL to be installed of capacity • New Incinerator 150,000MT) (Phase 2)
Slide 42: Galvanising Infrastructure: Transforming GI to GL Phase 1 - FY26
Galvanising Infrastructure: Transforming GI to GL Phase 1 - FY26(Current) In December 2025, our company successfully completed this Phase 1 project, transitioning from manufacturing Galvanised Steel to Alu-Zinc Coated Steel. Phase 1 Expansion: Upgrading to Superior Technology and Line Speed Increase
Slide 43: Superior Corrosion Protection with Aluminium-Zinc
Superior Corrosion Protection with Aluminium-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 off
Slide 44: Investment - Captive Solar Power Plant (Phase 2 - FY27)
Investment - Captive Solar Power Plant (Phase 2 - FY27) 7 MW Solar Power Plant Planned : Reduce Carbon Footprint And Power Costs Captive via Renewable Solar Sustainability Initiative: Transition to Renewable Energy Aiming to meet Driven towards Reduction in Lowering carbon Accelerated the markets su
Slide 45: Investment - Other Infrastructure (Phase 2 - FY27)
Investment - Other Infrastructure (Phase 2 - FY27) 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 Designed to meet the specific needs of OEMs in and improves qua
Slide 46: New Color Coating Line – CCL 2 (Phase 2 - FY27)
New Color Coating Line – CCL 2 (Phase 2 - FY27) Thickness Range : 0.3mm - 1.2mm Width: 610- 1450mm Max Line Speed: 90MPM Expected line Capacity: 150,000 MT Paint Systems: RMP, SMP, SDP & PVDF The Color Coating Line is targeted to produce material suitable for White Good Appliances. 1. In talks with
Slide 47: CRM Complex (Phase 3 - FY28)
CRM Complex (Phase 3 - FY28) Cold Rolling Mill • IMPORTED Hitachi 6Hi CRM, having capacity of 300,000MT/PA • 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: • HR
Slide 48: Benefits Of Backward Integration Via CRM Complex
Benefits Of Backward Integration Via CRM Complex Raw Material Security • Ensures a stable supply of CR coils, the primary input material for galvanizing. • Reduces dependency on external suppliers and minimizes supply chain disruption risk. • Transitions to purchasing HR, a product available in abun
Slide 49: New Aluminum Zinc Coating Line (Phase 3 - FY28)
New Aluminum Zinc Coating Line (Phase 3 - 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. • Enhanc
Slide 50: 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 51: 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 52: Strengthening Market Position Amid Industry Momentum
Strengthening Market Position Amid Industry Momentum Investor Presentation 51
Slide 53: Steel Industry Tailwinds
Steel Industry Tailwinds India to lead Production target: global steel 300 MT+ by 2030 demand growth Safeguard duties to ₹6,322 Cr PLI protect domestic steel Scheme for players specialty steel Export target by FY31: National Steel Policy 24 MT boosting capacity and of finished steel consumption Sour
Slide 54: Accelerating Steel Demand Through Policy And Market Support
Accelerating Steel Demand Through Policy And Market Support ➢ Global Standing India is the world’s second-largest crude steel producer. (In Kgs) Per - Capita Consumption of Steel ➢ Domestic Consumption Trends Per capita steel consumption increased to 86.7 kg in FY23, with a target of 160 kg by 2030-
Slide 55: Stock Data
Stock Data As on 02-02-2026 As on 31-12-2025 NSE: MANAKCOAT BSE: 539046 | ISIN: INE830Q01018 Shareholding Pattern Share Price ₹ 116.83 Market Capitalization ₹ Cr 1,232.75 Promoter & Promoter Group No. of Share Outstanding 42.54% 10,58,34,050 1.00 57.46% Face Value ₹ Public 52 Week High ₹ 182.82 52 W
Slide 56: Contact Details
Plot No.15, Navodaya Colony, Road No.14, Banjara Hills, Hyderabad – 500 034 India Email: investor.relations@mcmil.in Website: manaksiacoatedmetals.com Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West Thane– 400 604 E-mail: info@kirinadvisors.com Website: kirinadvisor
Manaksia Coated Metals & Industries — Q3 FY26 Earnings Presentation on 6ix