Results - Announcements
Manaksia Coated Metals & Industries Ltd share price ticked higher by 2.87% to Rs 132.45 after the company's net profit saw a strong growth of 32.84% to Rs 18.73 crore, while revenue from operations gained significantly 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 3.26 lakh crore, easing 3.02%. It has inched up 1.15% over last one week and heading higher by 12.29% in last one month while the market capitalization of Manaksia Coated Metals & Industries Ltd has marginally improved by 5.54% and 10.33% in the same period respectively.
Profit before tax (PBT) of Manaksia Coated Metals & Industries Ltd stood at Rs 25.11 crore in Q3 FY26, rallying 32.02% year-on-year, and jumping 32.65% quarter-on-quarter. EBITDA came in at Rs 31 crore, surging by 37.10% YoY and rising by 14.54% sequentially.
Total expenses witnessed a sharp rise of 21.36% to Rs 287.97 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 262.41 crore, soaring by 33.76% YoY, while employee benefits expense was at Rs 7.05 crore, witnessing a strong rise of 37.70% YoY.
For the TTM ended FY26, revenue from operations rose 13.16% to Rs 884.48 crore, while net profit jumped 164.39% to Rs 40.69 crore, compared to previous TTM. EBITDA surged by 4484% to Rs 68.63 crore, and PBT witnessed a strong rise of 161% to Rs 53.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 13.78 crore in FY26, as against Rs 29.98 crore in FY25.
Manaksia Coated Metals & Industries Ltd crashed 21.63% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.45% during the same period.