Want to see IN:MANAKCOAT full AI Analyst Report?
Top Page
Manaksia Coated Metals & Industries Ltd
(MANAKCOAT)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹127.00
▲(2.92% Upside)
Action:Reiterated
Date:07/16/26
The score is held back primarily by weak 2026 cash-flow execution (negative operating and free cash flow) despite improving profitability and a stronger balance sheet. Technicals are supportive but look overextended, and valuation is only moderately supported due to a high P/E partially offset by a strong dividend yield.
Positive Factors
Revenue & Profit Improvement
Clear top-line growth and a large net income increase in 2026 reflect improving operations, better pricing and/or mix. Sustained revenue and margin expansion bolsters the firm's ability to fund maintenance and targeted investments, improving long-term operational resilience.
Negative Factors
Weak Cash Conversion (2026)
Negative OCF and deeply negative FCF despite reported profits indicate earnings are not translating to cash. This constrains capital allocation, forces reliance on external funding for working capital or capex, and raises ongoing liquidity and refinancing risk if persistent.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Profit Improvement
Clear top-line growth and a large net income increase in 2026 reflect improving operations, better pricing and/or mix. Sustained revenue and margin expansion bolsters the firm's ability to fund maintenance and targeted investments, improving long-term operational resilience.
Read all positive factors
Manaksia Coated Metals & Industries Ltd (MANAKCOAT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹13.72B
Dividend Yield0.04%
Average Volume (3M)18.54K
Price to Earnings (P/E)32.1
Beta (1Y)1.07
Revenue Growth7.06%
EPS Growth24.39%
CountryIN
Employees294
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)4.00
Shares Outstanding106,634,050
10 Day Avg. Volume19,142
30 Day Avg. Volume18,538
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)2.56
Price to Sales (P/S)1.01
P/FCF Ratio-11.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Manaksia Coated Metals & Industries Ltd Business Overview & Revenue Model
Company Description
Manaksia Coated Metals & Industries Limited (MCMIL) specializes in the production and global distribution of both coated metal materials and various household consumer products. The company's metal segment provides galvanized and pre-painted steel...
How the Company Makes Money
MANAKCOAT primarily makes money by manufacturing and selling coated steel products (notably colour-coated/pre-painted steel and galvanized steel in coil/sheet form) to customers that use these materials for roofing/cladding, building components, a...
Manaksia Coated Metals & Industries Ltd Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
71
Positive
Cash Flow
36
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.97B | 8.84B | 7.82B | 7.40B | 6.52B | 6.49B |
| Gross Profit | 2.09B | 2.00B | 1.70B | 921.99M | 732.57M | 1.09B |
| EBITDA | 917.51M | 922.07M | 630.09M | 523.93M | 390.70M | 385.10M |
| Net Income | 407.81M | 406.88M | 153.88M | 112.37M | 93.59M | 86.25M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 7.55B | 6.46B | 5.37B | 5.48B | 4.84B |
| Cash, Cash Equivalents and Short-Term Investments | 339.04M | 339.04M | 250.60M | 220.25M | 201.27M | 235.34M |
| Total Debt | 0.00 | 1.15B | 1.45B | 1.78B | 1.90B | 1.78B |
| Total Liabilities | -3.49B | 4.06B | 4.19B | 3.85B | 4.29B | 3.75B |
| Stockholders Equity | 3.49B | 3.49B | 2.27B | 1.52B | 1.19B | 1.09B |
Cash Flow | ||||||
| Free Cash Flow | -273.21M | -795.59M | 82.62M | 138.54M | -25.31M | 218.44M |
| Operating Cash Flow | -149.36M | -360.95M | 299.77M | 215.67M | 81.35M | -126.13M |
| Investing Cash Flow | -115.10M | -186.94M | -203.49M | -61.89M | -79.96M | 87.67M |
| Financing Cash Flow | 257.27M | 539.45M | -101.02M | -156.02M | -56.19M | 56.55M |
Manaksia Coated Metals & Industries Ltd Technical Analysis
Positive
123.40
Price Trends
122.03
Positive
114.26
Positive
118.75
Positive
Market Momentum
1.20
Negative
62.49
Neutral
66.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANAKCOAT, the sentiment is Positive. The current price of 123.4 is below the 20-day moving average (MA) of 123.46, above the 50-day MA of 122.03, and above the 200-day MA of 118.75, indicating a bullish trend. The MACD of 1.20 indicates Negative momentum. The RSI at 62.49 is Neutral, neither overbought nor oversold. The STOCH value of 66.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MANAKCOAT.
Manaksia Coated Metals & Industries Ltd Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹62.72B | 21.97 | ― | 0.03% | 30.79% | 22.38% | |
63 Neutral | ₹13.72B | 32.13 | ― | 0.04% | 7.06% | 24.39% | |
62 Neutral | ₹355.20B | 282.05 | ― | ― | 94.62% | 103.35% | |
57 Neutral | ₹30.52B | 26.97 | ― | 0.63% | 9.58% | 2.00% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹11.98B | 32.81 | ― | 0.68% | 13.71% | 0.15% | |
47 Neutral | ₹28.54B | 11.41 | ― | 0.34% | -3.88% | ― |
* General Sector Average
IN:MANAKCOAT
Manaksia Coated Metals & Industries Ltd
128.70
-7.80
-5.71%
IN:ALICON
Alicon Castalloy Limited
730.00
-131.92
-15.31%
IN:BALUFORGE
Balu Forge Industries Ltd
533.25
-150.10
-21.97%
IN:MMFL
MM Forgings Limited
632.10
306.00
93.84%
IN:PTCIL
PTC Industries Ltd
23,691.75
9,161.35
63.05%
IN:SUNCLAY
Sundaram-Clayton Limited
1,294.35
-416.50
-24.34%
Manaksia Coated Metals & Industries Ltd Corporate Events
Manaksia Coated Metals Sets Dividend Record Date, Renews Top Leadership
Jul 14, 2026
Manaksia Coated Metals Industries Ltd has approved its unaudited financial results for the quarter ended 30 June 2026 and scheduled publication of the figures in line with listing regulations. The board has also fixed 27 August 2026 as the record...
Manaksia Coated Metals Board Clears Q1 Results, Sets AGM and Strengthens Governance
Jul 14, 2026
Manaksia Coated Metals Industries Ltd’s board has approved the unaudited financial results for the quarter ended 30 June 2026, which will be published and hosted on the company’s website in line with listing requirements. The board al...
Manaksia Coated Metals files SEBI depository compliance certificate for June quarter
Jul 6, 2026
Manaksia Coated Metals Industries Ltd has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2026. The document, issued by its Registrar and Share ...
Manaksia Coated Metals Files NCLT‑Mandated Creditor Meeting Minutes on Merger Scheme
Jul 2, 2026
Manaksia Coated Metals Industries Ltd has reported the minutes of a court‑convened meeting of its unsecured creditors held on June 9, 2026, under directions from the National Company Law Tribunal. The meeting, attended virtually by 14 unsec...
Manaksia Coated Metals’ Secured Creditors Weigh Merger Scheme in Court-Directed Meeting
Jul 2, 2026
Manaksia Coated Metals Industries Ltd convened a court-directed meeting of its secured creditors on June 9, 2026, conducted via video conferencing and other audio-visual means. The session, chaired by an NCLT-appointed advocate and supported by c...
Manaksia Coated Metals Holds NCLT-Directed Meet on Merger with JPA Snacks
Jun 8, 2026
Manaksia Coated Metals Industries Ltd convened a court-directed meeting of its ordinary shareholders on June 8, 2026, via two-way video conferencing and other audio-visual means, under an order of the National Company Law Tribunal’s Kolkata...
Manaksia Coated Metals Board Clears FY26 Results, Dividend and Key Executive Changes
May 12, 2026
Manaksia Coated Metals Industries Ltd’s board has approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, alongside an unmodified audit opinion, and recommended a final dividend of Re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.