Manaksia Coated Metals & Industries share price today

Manaksia Coated Metals & Industries Ltd's share price was ₹154.83 at the close on 5 November 2026. It has been rising for 11 weeks. That is 26.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹98 and ₹155, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Manaksia Coated Metals & Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 20 weeks in a row.

Over the last 11 years the share price moved +3,771% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) cut their stake for 5 quarters in a row, profit grew again in the September 2026 quarter and highest quarterly profit in 16 quarters.

1. Foreign funds (FIIs) cut their stake for 5 quarters in a row

   From 9% to 0.2% of the company by the September 2026 quarter.

2. Profit grew again in the September 2026 quarter

   Profit was ₹19 crore, +35.7% on a year earlier (₹14 crore), after 2 quarters of decline.

3. Highest quarterly profit in 16 quarters

   Profit of ₹19 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Manaksia Coated Metals & Industries reported revenue of ₹319 crore, up 45.0% from ₹220 crore a year earlier, and a profit of ₹19.0 crore, up 35.7% from ₹14.0 crore.

Manaksia Coated Metals & Industries results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 28 September 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Manaksia Coated Metals & Industries closed at ₹154.83 on 5 November 2026, up 5.7% from ₹146.42 a year earlier (7 November 2025) and up 611.9% over five years. Its highest weekly close since March 2016 was ₹172.35 on 24 October 2025.

Manaksia Coated Metals & Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Manaksia Coated Metals & Industries closed at ₹154.83, up 10.4% on the week and up 21.4% on the month. Results for July to September 2026: Revenue up 45.0% and profit up 35.7% on a year earlier.

Earlier

• 28 Sep 2026: Manaksia Coated Metals & Industries held its results call for April to June 2026. Management guided: New colour-coating line to expand capacity from 86,000 to 236,000 tons and commission next month; end-FY27 utilization reaffirmed at 50-55% after stabilization.
• 27 Aug 2026: ex-date for a dividend of ₹0.05 a share.

Manaksia Coated Metals & Industries paid ₹0.05 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.03% at the ₹154.83 close on 5 November 2026. The last was a dividend of ₹0.05 a share, ex-date 27 August 2026.

Manaksia Coated Metals & Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Manaksia Coated Metals & Industries Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 28 September 2026, Manaksia Coated Metals & Industries' management guided: New colour-coating line to expand capacity from 86,000 to 236,000 tons and commission next month; end-FY27 utilization reaffirmed at 50-55% after stabilization.

“Our company is focused on the extreme end of customization and value addition.”Tushar Agarwal, on the call for April to June 2026

What management guided

• 7 MW captive solar plant to cover over 55% of plant energy and save roughly ₹7 crore annually from day one, commissioning next month.
• Phase 2: ₹350 crore - ₹150 crore Alu-Zinc and ₹200 crore cold rolling, with 180,000-ton and 360,000-ton capacities; FY28 completion, raw-material SKUs from over 100 to 4-5, and ₹1,500-2,000 per ton operating profit benefit.
• By FY29, full capacity available, sales above 3 lakh tons, revenue above 3 times last year's ₹900 crore, and operating margin increasing by significantly more than 3 times.
• Export mix to reach 55-60% over the coming 12-18 months as capacity expands, with domestic sales comprising the balance.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Manaksia Coated Metals & Industries reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Exchange announcement confirming colour-coating line commissioning and subsequent stabilization of the new line.

Manaksia Coated Metals & Industries is on 2 of our India lists: Momentum stocks and Copper & metal stocks.

Manaksia Coated Metals & Industries Ltd earned ₹19.0 Cr of net profit in the Sep 2026 quarter, +35.7% on the same quarter a year earlier. Full-year FY26 profit was ₹41.0 Cr. Over 10 years profit has grown 29.9% a year on average. That is 6.0% of the quarter's revenue. The same quarter a year earlier earned ₹14.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹41.0 Cr (+173.3% on the year before).

Why profit moved: revenue changed +45.0% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +18.9% and revenue +12.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Manaksia Coated Metals & Industries Ltd reported ₹319 Cr of revenue in the Sep 2026 quarter, +45.0% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 14.7% a year on average. The last full year, FY26, came in at ₹884 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹995 Cr.

FY26 revenue was ₹884 Cr, +13.0% on the year before.

Recent pace: the last four quarters grew +12.5% on average, against 14.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.7%, against +15.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +18.4%, against +79.3% a year (rolling over).

Manaksia Coated Metals & Industries Ltd's operating margin was 11.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 11 years it has been between 5.0% and 10.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.2 percentage points on the year while gross margin changed +1.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 57% of Manaksia Coated Metals & Industries Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹14.0 Cr of cash, against ₹41.0 Cr of profit. After ₹28.0 Cr of spending on assets, free cash was −₹42.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 57% of profit came in as cash: the cash cycle got 18 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 18 days longer. The next section looks at where the cash is stuck.

Manaksia Coated Metals & Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, up from 78 days in FY21. It spent ₹55.0 Cr on assets over the last 3 years. Customers take 40 days to pay, and stock sits for 188 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹884 Cr, each day of that cycle ties up about ₹2.4 Cr, so roughly ₹233 Cr is tied up in the business at any time.

FY26: customers took 40 days to pay and stock sat for 188 days, about 6.2 months of sales sitting as stock, for a full cycle of 96 days, longer than FY21's 78.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 188 days. Customers pay about 40 days after that. Suppliers are paid at 133 days. Together that makes the 96-day cycle.

Spending on assets: ₹55.0 Cr over the last 3 years, against ₹27.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹31.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Manaksia Coated Metals & Industries Ltd's P/E is 36.3×, near the high end of its own history: higher than 74% of past readings. Its usual P/E (the middle reading) is 25.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.