Manaksia Coated Metals & Industries LtdQ1 FY26
Manaksia Coated Metals & Industries Ltd Q1 FY26 Earnings Call Analysis
Revenue, margin, capex, fundraise and order book outlook from management commentary.
Price: ₹108P/E: 28.4Market Cap: ₹1.2K CrSector: Industrial Products
Management growth scorecard
Revenue
Category 3
Margin
Category 3
Fundraise
Yes
Order
Yes
Capex
Yes
3 of 5 growth signals are positive.
Full analysisRevenue guidance
Category 3No information is provided regarding the same in the latest conference call.
Margin guidance
Category 3- →Company targets 3x revenue and profitability growth by FY '29 through capacity expansion (to 0.36 million tons) and backward integration like cold rolling mill.
- →Incremental revenue in FY '27 expected between INR300-500 crores from new color coating line and higher capacity utilization on alu-zinc line.
- →EBITDA margin sustainable between 10%-12% with upgraded technology and export ramp-up.
- →FY '26 EBITDA margin at 10.29%, PAT margin at 4.54%, with expectations to maintain or improve margins going forward.
- →Earnings per share rose 211% in FY '26, reaching INR4.32, reflecting strong growth momentum.
- →Order book robust (~INR350-400 crores) despite global uncertainties, with strong export demand.
- →ROE currently ~14%, expected to improve further with commissioned projects.
- →Solar power plant (7 MW) to save INR7-7.5 crores annually in power costs starting FY '27, supporting margin expansion.
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Fundraise plans
YesNo information is provided regarding the same in the latest conference call.
Order book
Yes- →Current order book is in the range of INR 350 crores to INR 400 crores.
- →Majority of this order book is from export customers.
- →Despite global tensions and increased freight costs, existing long-term customers continue placing orders.
- →Customers are being cautious and ordering more in advance to build buffers against uncertainty.
- →Strong order visibility for H1 FY '27 from both domestic and export markets.
- →Customer feedback on new alu-zinc and pre-painted alu-zinc products has been very encouraging.
- →The export order book is robust, contributing significantly to revenue growth.
Capex plans
YesNo information is provided regarding the same in the latest conference call.
How does Manaksia Coated Metals & Industries Ltd rank vs peers in Industrial Products?
Pro feature1Manaksia Coated Metals & Industries Ltd
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