Manaksia Coated Metals & Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Manaksia Coated Metals & Industries Ltd reported a 11.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 26.7%.
• Its expenses for the quarter were down by 13.0% QoQ and up 17.2% YoY.
• The net profit decreased 0.4% QoQ and increased 491.5% YoY.
• The earnings per share (EPS) of Manaksia Coated Metals & Industries Ltd stood at 1.43 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Manaksia Coated Metals & Industries Ltd is a company engaged in the manufacturing sector, primarily focusing on coated metals and related industrial products. The company operates within the broader metals and industrial manufacturing industry, providing a range of products that cater to various industrial applications. As of the latest available data, no specific recent major developments have been identified for the company. Manaksia Coated Metals & Industries Ltd serves a diverse clientele, leveraging its expertise in metal coating technologies to maintain its position within the industry.

Revenue

In Q2FY26, Manaksia Coated Metals & Industries Ltd reported total income of ₹223.68 crores, which represents a quarter-over-quarter (QoQ) decrease of 11.9% from ₹253.94 crores in Q1FY26. However, there was a notable year-over-year (YoY) increase of 26.7% compared to the total income of ₹176.60 crores in Q2FY25. This growth over the previous year highlights an increase in the company’s revenue-generating capabilities despite the recent quarter's decline. The fluctuations in total income suggest varying performance across different quarters, reflecting potential changes in market demand or operational adjustments.

Profitability

The company’s profitability metrics show a mixed performance. The profit before tax for Q2FY26 was ₹19.02 crores, marking a slight QoQ increase of 1.7% from ₹18.70 crores in Q1FY26 and an impressive YoY surge of 505.7% from ₹3.14 crores in Q2FY25. Similarly, the tax expense increased by 7.9% QoQ and 548.7% YoY, resulting in a tax payment of ₹5.06 crores in Q2FY26. Profit after tax stood at ₹13.96 crores for Q2FY26, experiencing a minor QoQ decline of 0.4% from ₹14.01 crores in Q1FY26, but a substantial YoY increase of 491.5% from ₹2.36 crores in Q2FY25. The earnings per share (EPS) reflected these profitability dynamics, at ₹1.43 in Q2FY26, showing a small QoQ increase of 0.7% and a significant YoY growth of 346.9%.

Operating Metrics

The total expenses for Q2FY26 were ₹204.66 crores, representing a decrease of 13.0% QoQ from ₹235.24 crores in Q1FY26, while showing a YoY increase of 17.2% from ₹174.66 crores in Q2FY25. This operational cost management indicates fluctuations in expense levels, which could be attributed to changes in production volumes or cost-control measures. The relationship between total income and expenses in this quarter led to a positive profit before tax, indicating effective cost management despite the revenue decline. The earnings per share of ₹1.43 in Q2FY26 further emphasize the company's ability to maintain shareholder value through efficient operations and strategic financial management.