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Manaksia Coated Metals & Industries Q2 FY27: revenue up 44.6% to ₹319 Cr, net profit up 34.2% to ₹19 Cr

Results · Finvezto · 2 Nov 2026 · Manaksia Coated Metals & Industries (MANAKCOAT)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue319-+44.6%
Operating profit34-+30.5%
Net profit19-+34.2%
Operating margin10.7%--1.2 pp
Net margin5.9%--0.5 pp

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • Total income for Q2 FY27 reached Rs. 321.55 crores, representing a growth of 22.2% quarter-on-quarter and 43.8% year-on-year. Earnings call
  • EBITDA per ton increased to Rs. 11,536 in Q2 FY27 from Rs. 10,411 in Q1 FY27, with EBITDA margin improving sequentially to 11.48%. Earnings call
  • Export revenue reached Rs. 227.07 crores in Q2 FY27, accounting for 71.25% of total revenue, backed by record H1 export volumes. Earnings call

What to watch

  • Management on colour coating line commissioning: The Second Colour Coating Line, the project is currently in the final stages of trial and precommissioning, with commissioning targeted within Q3 FY '27.
  • Management on pre-painted steel capacity expansion: The new line will add 1,50,000 metric tons per annum of capacity, taking our total Pre-Painted Steel capacity from 86,000 tons per annum to 2,36,000 tons per annum, an increase of approximately 174%.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.