Manaksia Coated Metals & Ind Share Price Today

Manaksia Coated Metals hosts virtual analyst meet on Sep 29

Manaksia Coated Metals held a virtual analyst meet on September 29, 2026. The session ran from 2:00 pm to 2:30 pm IST, hosted by Arihant Capital. No Unpublished Price Sensitive Information (UPSI) was shared during the interaction. This follows a similar meeting held on September 28, 2026.

Manaksia Coated Metals approves ₹0.05 dividend, director pay hikes at AGM

Shareholders adopted FY26 audited financials and approved a final dividend of ₹0.05 per share. Promoters voted unanimously in favor of all resolutions, holding 61.6 million shares. Remuneration for MD Sushil Kumar Agrawal increased to ₹12.50 lakh per month. Non-institutional public shareholder participation stood at just 2.06% of outstanding shares. New appointment of Devansh Agrawal as VP Business Development at ₹8 lakh monthly pay.

Manaksia Coated Metals AGM resolutions pass with near-unanimous support

All 11 resolutions at Manaksia Coated Metals AGM passed with near-unanimous support. Promoters voted 100% in favour, while public institutional participation stood at 75.54%. Public non-institutional investor turnout was low at 2.06%, though support remained above 99%. Final dividend of ₹0.05 per share and board remuneration revisions were key agenda items. No invalid votes were recorded during the e-voting process.

Manaksia Coated Metals Q4 Results: Net profit surges 164% to ₹40.69 crore

Manaksia Coated Metals reported record FY26 results with net profit up 164% to ₹40.69 crore and revenue rising 13.5% to ₹884.48 crore. Export volumes nearly doubled, contributing over two-thirds of revenue. The Board proposed a ₹0.05 dividend and approved director re-appointments at the upcoming AGM.

Manaksia Coated Metals profit surges 162% on higher realisations

Manaksia Coated Metals & Industries Ltd reported a consolidated net profit of ₹14.07 crore for Q1 FY27, a 162% increase from the previous quarter, supported by a 15% rise in revenue to ₹262.14 crore. EBITDA improved by 86% to ₹29.08 crore, with margins expanding to 11.06%, attributed to better pricing and cost management. The company also announced the conversion of warrants into equity shares and confirmed that segment reporting was discontinued due to reassessment under Ind AS 108.

Manaksia Coated Metals Unveils MCMIL 2.0: Targets 2.7x Pre-Painted Steel Capacity Expansion by Q2 FY27

Manaksia Coated Metals has launched its MCMIL 2.0 expansion plan, targeting a 2.7-times increase in pre-painted steel capacity from 86,000 MTPA in Q1 FY27 to 236,000 MTPA by Q2 FY27. The company also plans to double its Alu-Zinc coating capacity to 360,000 MTPA by FY28. The initiative underscores a significant scale-up across the company's coated metals manufacturing operations within defined near-term timelines.