Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Limited (MCMIL) reported strong financial performance in Q2 and H1 FY27, with total income of Rs. 321.55 Cr and Rs. 584.62 Cr respectively, showing YoY growth of 43.8% and 22.4%. EBITDA reached Rs. 36.91 Cr and Rs. 66.00 Cr, with YoY growth of 25.3% and 13.7%, while PAT was Rs. 18.73 Cr and Rs. 32.83 Cr, up 34.2% and 17.4% YoY. EBITDA and PAT margins improved QoQ. The company emphasized robust export demand, improved realizations, and growing Alu-Zinc contribution as drivers. Strategic priorities include capacity expansion, backward integration via a Cold Rolling Mill (CRM) complex, and a 7 MW captive solar plant to reduce power costs by 40%. MCMIL aims to triple output, revenue, and EBITDA by FY29. The balance sheet shows net debt halved in three years, with credit ratings upgraded. The order book stands at Rs. 525 Cr, with 80% export contribution. Management highlighted operational excellence, digitalization, and product premiumization as key initiatives.

The document highlights strong financial performance, strategic growth initiatives, and positive operational metrics.