Manaksia Coated Metals & Industries Reports Over Four-Fold Jump in Q3 Net Profit Driven by Strong Exports

Manaksia Coated Metals & Industries announced a remarkable financial performance for the September quarter, with its net profit soaring by over four times to ₹14 crore. Total income saw a healthy increase of 27%, reaching ₹224 crore. The company's operational efficiency was further highlighted by its Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA), which more than doubled to ₹29 crore.

According to Whole Time Director Karan Agrawal, this robust financial outcome was primarily fueled by a substantial rise in export volumes and a diversified product portfolio. Strategic efforts in value addition, cost optimization, and operational discipline also played a crucial role. Export sales emerged as the dominant revenue contributor, accounting for over 85% of the total revenue, underscoring the company's strong competitive standing in international markets.

The company demonstrated prudent financial management, achieving a Debt-to-Equity ratio improvement to 1.19 times, supported by a 27% reduction in total debt since March. Looking ahead, Manaksia Coated Metals & Industries is set for significant expansion. The Aluminium-Zinc Coating Line upgrade is slated for transition in FY26, promising technologically superior products with enhanced durability. By FY27, the new Colour Coating Line is expected to boost colour coating capacity by over 170%. Additionally, a 7 MWp Solar Power Plant project in Kutch has commenced, aiming to reduce grid dependency by over 50% with renewable energy.

Impact This news has a positive impact on Manaksia Coated Metals & Industries, signalling strong operational execution, effective cost management, and strategic expansion plans. The focus on exports and technological upgrades suggests potential for sustained growth and increased market share, both domestically and internationally. The company's commitment to sustainability through renewable energy adoption is also a positive factor. Impact Rating: 7/10

Difficult Terms: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortisation. This is a measure of a company's operating performance. Debt-to-Equity Ratio: A financial ratio that indicates the proportion of a company's financing that comes from debt compared to equity. A lower ratio generally indicates lower financial risk. EPC partner: Engineering, Procurement, and Construction partner. A company that manages a construction project from design to completion. MWp: Megawatt-peak. A unit of measurement for the maximum power output of solar panels under standard test conditions. FY26/FY27: Financial Year 2026/2027. These refer to specific fiscal periods used for accounting and reporting.