Manaksia Coated Metals & Industries Limited (MCMIL) has released its investor presentation for the quarter ended March 31, 2026, and the full fiscal year 2026. The company reported a significant 164% year-on-year increase in Net Profit for FY26, reaching ₹40.69 crore, compared to ₹15.39 crore in FY25. Total Income for FY26 grew by 14% to ₹896.27 crore from ₹789.66 crore in the previous year. EBITDA also saw a substantial rise of 49% to ₹92.21 crore in FY26 from ₹61.80 crore in FY25. For the fourth quarter of FY26, Total Income stood at ₹228.75 crore, a 9% increase year-on-year. However, Net Profit for Q4FY26 decreased by 27% to ₹5.37 crore from ₹7.35 crore in Q3FY26, and EBITDA also declined by 15% to ₹15.64 crore from ₹18.50 crore in Q3FY26. This quarterly dip was attributed to elevated freight, energy, and input costs. The company highlighted its strategic priorities, including capacity expansion for Pre-Painted Steel to 236,000 MTPA by Q2FY27 and Alu-Zinc Coating capacity to 360,000 MTPA by FY28. A significant backward integration step involves setting up a 360,000 MTPA Cold Rolling Mill (CRM) complex by FY28. Furthermore, MCMIL is installing a 7 MW captive solar power plant by Q2FY27, which is expected to reduce power costs by up to 40% and save approximately ₹7 crore annually, with a capex of ₹30 crore. Mr. Sushil Kumar Agrawal, Managing Director, expressed satisfaction with FY26 being a landmark year, driven by record revenue and strong growth in EBITDA and PAT, bolstered by strong exports and an improved value-added product mix. The company successfully commercialized its Alu-Zinc coating technology, strengthening its market position. The management remains confident in sustaining growth momentum and progressing towards its FY29 vision of a 3x increase in total output, revenue, and profitability.
