Manaksia Coated Metals Q2 FY27 Revenue Rises 44%

Q2 FY27 results lift focus on Manaksia Coated Metals

Manaksia Coated Metals & Industries Limited reported strong year-on-year growth in its second-quarter FY27 financial results. The company disclosed consolidated revenue of ₹321.54 crore and net profit of ₹18.73 crore in the board meeting outcome dated October 28, 2026. A related press release put Q2 FY27 revenue at ₹321.55 crore and said revenue increased 43.75% year-on-year. The ₹0.01 crore difference reflects the figures stated in the two disclosures. The results place attention on the company’s operating expansion and its value-added coated steel product portfolio. Manaksia Coated Metals is listed on the NSE under the symbol MANAKCOAT and on the BSE under code 539046. Its equity shares were trading in the active EQ series as of October 29, 2026.

Revenue rises 43.75% year-on-year

The company’s press release said Q2 FY27 revenue rose 43.75% from a year earlier to ₹321.55 crore. The board-meeting disclosure reported consolidated revenue of ₹321.54 crore for the same quarter. Both disclosures point to quarterly revenue of about ₹321.5 crore. The available information does not provide the corresponding Q2 FY26 revenue figure or a quarter-on-quarter comparison for Q2 FY27. It also does not state the underlying split between domestic and export sales. The reported growth nonetheless follows a period in which the company had been progressing with additional colour-coating capacity. Revenue growth is a key reported metric because the company operates in the coated steel products segment, where volumes and the mix of value-added products can influence sales performance.

Net profit reported at ₹18.73 crore

Manaksia Coated Metals reported consolidated net profit of ₹18.73 crore for Q2 FY27. The supplied board meeting outcome describes this as strong year-on-year growth, but does not provide the comparative profit amount or percentage increase. As a result, a precise profit-growth calculation cannot be made from the available disclosures. The company has not provided margin figures in the supplied material. Investors therefore have confirmed quarterly revenue and net profit numbers, but not enough disclosed data here to assess operating profitability trends in detail. The Q2 result was announced through the outcome of the board meeting held on October 28, 2026.

Key reported figures

Share price gains 6.73% on October 29

MANAKCOAT was quoted at ₹141.47 at 13:39:43 IST on October 29, 2026. The stock was up ₹8.92, or 6.73%, from its previous close of ₹132.55. It opened at ₹132.96 and touched an intraday high of ₹147.64. The price data shows that the stock traded above both its previous close and opening price during the session. The available information does not establish a direct causal link between the price movement and the quarterly results. However, the results were disclosed one day earlier, making the financial update relevant context for market participants. The company’s shares have been listed since March 30, 2015.

Coated steel business and product range

Incorporated in 2010, Manaksia Coated Metals & Industries manufactures and exports coated metal products. Its business involves converting purchased cold-rolled steel into Aluminium-Zinc or Galvalume-coated coils and sheets, referred to as GL products. It also produces pre-painted Aluminium-Zinc and galvanised coils and sheets, commonly referred to as PPGL and PPGI. These products are supplied in coil and sheet forms. The company is classified in the Iron & Steel sector in the supplied market information. Its product mix includes coated and pre-painted steel, which are higher-value processing categories compared with uncoated cold-rolled steel. The company describes itself as a manufacturer and exporter specialising in galvanised and pre-painted steel products.

Second colour coating line adds capacity

The company had earlier outlined a plan to commission a second colour coating line during Q2 FY27. The new line has capacity of 150,000 tonnes per annum, taking total capacity to 236,000 tonnes per annum, according to the FY26 and Q1 FY27 updates. In the Q1 FY27 update, the company said the line had reached advanced stages of erection and commissioning. It stated that commercialisation remained on track for Q2 FY27. The supplied Q2 FY27 result information does not confirm whether commercial production has started. It only confirms the reported quarterly financial figures. Further company disclosures would be needed to establish the commissioning status and operational contribution of the new line.

Earlier quarterly performance provides context

For Q1 FY27, Manaksia Coated Metals reported total income of ₹263.07 crore. This was 3.60% higher than ₹253.94 crore in Q1 FY26 and 15.00% above ₹228.75 crore in Q4 FY26. The company also said it had added four new countries to its international market presence during that quarter. These earlier figures show that revenue had increased sequentially from Q4 FY26 to Q1 FY27. The Q2 FY27 revenue of about ₹321.5 crore is higher than the Q1 FY27 total-income figure, although the supplied disclosures use different reporting labels and do not provide a stated sequential growth rate for Q2. Any comparison should therefore be treated as a comparison of the reported headline figures rather than a substitute for the company’s full financial statements.

Why capacity and export reach matter

The second colour coating line is relevant because it is intended to expand the company’s value-added production capacity. Colour-coated products form part of the company’s PPGL and PPGI offering. Higher installed capacity can support additional production, subject to commissioning, demand, raw-material availability and operating conditions. The expansion also comes alongside the company’s stated addition of four international markets in Q1 FY27. For an exporter of coated steel, overseas market presence is part of the commercial backdrop, though the provided material does not quantify export revenue or country-wise sales. The reported Q2 revenue and profit numbers provide the latest disclosed financial reference point for investors tracking the business.

Outlook depends on further disclosures

Manaksia Coated Metals has reported Q2 FY27 consolidated revenue of ₹321.54 crore and net profit of ₹18.73 crore, with the company’s press release citing 43.75% year-on-year revenue growth. Its shares were up 6.73% at ₹141.47 in afternoon trade on October 29, 2026. The company’s planned second colour coating line remains an important operational item because it would raise total capacity to 236,000 tonnes per annum. The supplied information does not confirm the line’s commercial-production status, detailed margins, or the Q2 comparative profit base. Investors will look to subsequent company filings for fuller financial details and updates on the capacity expansion.