Results - Announcements
Manaksia Coated Metals & Industries Ltd share price climbed 7.29% to Rs 128.75 after the company's net profit soared by 32.84% to Rs 18.73 crore, while revenue from operations increased sharply by 21.57% to Rs 318.69 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.27 lakh crore, rising 2.94%. It has slipped by 1.17% over last one week and advanced by 12.33% in last one month while the market capitalization of Manaksia Coated Metals & Industries Ltd has eased by 0.31% and 5.66% in the same period respectively.
Profit before tax (PBT) of Manaksia Coated Metals & Industries Ltd stood at Rs 25.11 crore in Q3 FY26, expanding by 32.02% year-on-year, and jumping 32.65% quarter-on-quarter. EBITDA came in at Rs 31 crore, rallying 37.10% YoY and improving 14.54% sequentially.
Total expenses jumped by 21.36% to Rs 287.97 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 262.41 crore, witnessing a sharp rise of 33.76% YoY, while employee benefits expense was at Rs 7.05 crore, soaring 37.70% YoY.
For the TTM ended FY26, revenue from operations grew 13.16% to Rs 884.48 crore, while net profit saw a strong growth of 164.39% to Rs 40.69 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4484% to Rs 68.63 crore, and PBT jumped 161% to Rs 53.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 8.88 crore in FY26, as against Rs 29.98 crore in FY25.
Manaksia Coated Metals & Industries Ltd nosedived by 28.61% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.19% during the same period.