Metal Coatings India has released its audited financial results for the fiscal year and fourth quarter ending March 31, 2026.
Full Year Performance
For the full fiscal year 2026, revenue from operations declined by approximately 7% to ₹148.98 crore, compared to ₹160.25 crore in the previous fiscal year, FY25. The company's net profit for FY26 saw a slight increase, reaching ₹2.40 crore, up from ₹2.37 crore reported in FY25.
Fourth Quarter Performance
The fourth quarter of FY26 also showed a contraction, with revenue falling by 10% year-over-year to ₹36.75 crore. Net profit for the quarter dropped significantly to ₹0.13 crore, a stark contrast to the ₹1.33 crore recorded in the same period last year.
Dividend Recommendation
Despite the revenue challenges and quarterly profit decline, the company's board has recommended a final dividend of ₹1 per equity share. Shareholders will vote on this recommendation at the upcoming Annual General Meeting.
Looking Ahead
Investors will be watching management's strategies to reverse the revenue trend and improve quarterly profitability. The company operates within a competitive landscape, and market demand for its products will be a key factor in future performance.
