MANAKCOATNSESeptember 30, 2025

Manaksia Coated Metals & Industries Limited

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Key numbers — 40 extracted
27%
Debt-equity reduced to 1.19, reflecting prudent leverage management. Total borrowings declined by 27%, down to ₹103.22 crore from ₹141.28 crore at FY25-end, highlighting a stronger balance sheet. Ro
₹103.22 crore
reduced to 1.19, reflecting prudent leverage management. Total borrowings declined by 27%, down to ₹103.22 crore from ₹141.28 crore at FY25-end, highlighting a stronger balance sheet. Robust Growth Across Key
₹141.28 crore
flecting prudent leverage management. Total borrowings declined by 27%, down to ₹103.22 crore from ₹141.28 crore at FY25-end, highlighting a stronger balance sheet. Robust Growth Across Key Segments • Galvani
26,572 MT
stronger balance sheet. Robust Growth Across Key Segments • Galvanized Steel production stood at 26,572 MT in Q2 FY26, reflecting a 7.91% YoY increase. • PPGI Steel output rose to 21,653 MT, marking a robu
7.91%
owth Across Key Segments • Galvanized Steel production stood at 26,572 MT in Q2 FY26, reflecting a 7.91% YoY increase. • PPGI Steel output rose to 21,653 MT, marking a robust 18.21% YoY growth. • Value-
21,653 MT
uction stood at 26,572 MT in Q2 FY26, reflecting a 7.91% YoY increase. • PPGI Steel output rose to 21,653 MT, marking a robust 18.21% YoY growth. • Value-added PPGI products accounted for an all-time high 92
18.21%
Q2 FY26, reflecting a 7.91% YoY increase. • PPGI Steel output rose to 21,653 MT, marking a robust 18.21% YoY growth. • Value-added PPGI products accounted for an all-time high 92% of total sales volume.
92%
MT, marking a robust 18.21% YoY growth. • Value-added PPGI products accounted for an all-time high 92% of total sales volume. • Exports contributed a record 85.06% of total sales, underscoring strong i
85.06%
products accounted for an all-time high 92% of total sales volume. • Exports contributed a record 85.06% of total sales, underscoring strong international demand. • Export revenue surged 151% YoY in Q2 F
151%
a record 85.06% of total sales, underscoring strong international demand. • Export revenue surged 151% YoY in Q2 FY26 and 163% YoY during H1 FY26. Investor Presentation 7 Management’s Comments On Q2
163%
l sales, underscoring strong international demand. • Export revenue surged 151% YoY in Q2 FY26 and 163% YoY during H1 FY26. Investor Presentation 7 Management’s Comments On Q2 & H1 FY26 Performance W
26.66%
ability, and continued execution of our strategic growth initiatives. Revenue for Q2 FY26 grew by 26.66% year-on-year, reaching ₹223.68 crore, driven by export volumes and a diverse product mix. Our EBITD
Guidance — 17 items
Capacity Utilization
opening
• Aesthetic Appeal: Vibrant and uniform finishes • Advanced Technology: Two- Coat Two-Bake process for superior coating • Applied On: • Galvanized Steel • Alu-Zinc Coated Steel • Aluminum Brand Q2 FY26
Capacity Utilization
opening
Domestic – Revenue Breakdown Q2 FY25 Q1 FY26 42.31% 43.22% Q2 FY26 14.94% 57.69% 56.78% 85.06% Particulars Domestic Revenue Export Revenue Total Domestic Revenue Export Revenue In ₹ Cr Q2 FY25 101.86 74.71 176.57 Q1 FY26 107.95 141.83 249.78 Q2 FY26 32.91 187.42 220.33 Export sales increased significantly, now accounting for over 85% of total revenue, highlighting the company’s strong global customer relationships and competitiveness in international markets.
Alu - Zinc Coating Advantages
opening
• Alu-zinc coated steel is an established product in western markets, which the company will be able to cater to after the conversion.
New Coil Slitting Line
opening
Capacity 30,000 MT Value Addition Provides enhanced product customization and improves quality for specialized applications Target Market Designed to meet the specific needs of OEMs in the white goods and automotive industries Investor Presentation 46 New Color Coating Line – CCL 2 (Phase 2 - FY27)
Paint Systems
opening
Investor Presentation 47 CRM Complex (Phase 3 - FY28) Cold Rolling Mill • • IMPORTED Hitachi 6Hi CRM, having capacity of 300,000MT/PA New Hitachi Make Electrical Drives and AC Motors
Other Equipment In CRM Complex
opening
• Lead to Inventory Optimization Investor Presentation 49 New Aluminum Zinc Coating Line (Phase 3 - FY28) Adding a second aluminum zinc coating line – To enhance downstream product capacity Capacity Increase By 100% Capacity Expansion From 180,000 MTPA To 360,000 MT/Annum Strategic Impact • Facilitate full utilization of new cold rolling capacity.
Other Equipment In CRM Complex
opening
Investor Presentation 50 Status of Crucial Projects Galvanizing Line Upgradation (Alu- Zinc Conversion) – Kutch, Gujarat Captive Solar Power Plant – Kutch, Gujarat Color Coating Line 2 (CCL2) Expansion – Kutch, Gujarat • Objective: Upgradation of existing • Objective: Target to reduce galvanizing line to Alu-Zinc (Aluminum-Zinc) coating technology & capacity enhancement to 180,000 MT pa.
Other Equipment In CRM Complex
opening
• Timeline: Upgradation scheduled for Q3 FY26.
Other Equipment In CRM Complex
opening
• Rationale: upgradation project postponed to Q3 FY 26 in order to service the large & high margin export order book.
Other Equipment In CRM Complex
opening
• Current Status: MCMIL has awarded the order to leading EPC company from Gujarat, equipment • Capacity: 7.0 MWp • Expected Commissioning: FY27 • Objective: Addition of a second color coating line to boost capacity of high-margin, value- added pre-painted steel products, by 174% to 2,36,000MTPA.
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Risks & concerns — 1 flagged
Reduces dependency on external suppliers and minimizes supply chain disruption risk.
Other Equipment In CRM Complex
Speaking time
Revenue Share
2
Installed Capacity
2
Capacity Utilization
2
Width
2
MCMIL
1
Composition of Alloy-Coated Product by Weight
1
Alu - Zinc Coating Advantages
1
Financial Outlook
1
New Coil Slitting Line
1
Thickness Range
1
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Opening remarks
MCMIL
Powering Progress With Premium Coated Metals Investor Presentation 9 MCMIL: Specializing In Advanced Coated Metals Manaksia Coated Metals & Industries Limited (MCMIL, the Company) is one of the leading manufacturers and exporters of high-performance coated metal products, offering Pre-Painted and Plain Galvanised Steel in coil and sheet forms. Operating from its advanced manufacturing facility in Kutch, Gujarat, the company caters to a wide array of industries including construction, automotive, home appliances, FMCG, and general engineering. MCMIL is recognized for its commitment to superior quality, use of cutting-edge machinery, and the production of value-added steel solutions tailored to modern industrial needs. With a robust presence in both domestic and international markets, spanning Europe, Africa, and the Middle East and backed by established brands with strong market traction, Manaksia remains well-positioned for sustained growth and strategic global expansion. Mission Excel
Capacity Utilization
81% Brands Investor Presentation 20 Pre-painted Steel Sheets & Coils: Advanced Coating For Corrosion Protection Product Overview Profiles & Sheet Types • Designed for both performance and aesthetics, Colour Coated Steel offers corrosion resistance and superior visual appeal. It uses a Two-Coat Two-Bake process for consistent adhesion, smooth finish, and durability across applications. • • TRHI-Ribapezoidal Profile-1000 • Trapezoidal HI-Rib Profile-1050 • Sinusoidal Profile • Tiled Roof Profile • Plain Sheet Key Features • Corrosion Resistance: Long- lasting protection, lower maintenance. Expected product life is 12 to 15 years. • Aesthetic Appeal: Vibrant and uniform finishes • Advanced Technology: Two- Coat Two-Bake process for superior coating • Applied On: • Galvanized Steel • Alu-Zinc Coated Steel • Aluminum Brand Q2 FY26
Capacity Utilization
100% Investor Presentation 21 Diverse Applications Of Coated Steel Products Domestic Roofing & Cladding Industrial Buildings HVAC Systems Refrigeration Metal Ceiling Systems Dry Wall Partition Systems Pharma Clean Rooms Metal Doors & Windows White Goods & Appliances Metal Safes Modern Elevator Systems Bus Body Building Solar Water Heating Equipment Insulated Sandwich Panels Warehouses Refrigerated Trucks Steel Furniture Investor Presentation 22 0 Empowering The Future With Visionary Management Investor Presentation 23 Management Team At A Glance Mr. Sushil Agrawal (Managing Director) Mr. Karan Agrawal (Whole Time Director) Mr. Mahendra Bang (Chief Financial Officer) Mr. R K Lodhi (Head – Steel Business) Mr. Sakesh Soni (Chief Operating Officer) Mr. Anil Patil (Quality Chief) • 40+ years’ experience in manufacturing, factory ops & management • Expert in coated metals and FMCG industry • Leads end-to-end business operations • 17+ years’ experience | IIM-B alumni • 28+ years’ experience |
Composition of Alloy-Coated Product by Weight
55% Aluminium, 43.5% Zinc, 1.5% Silicon. Features & Benefits: High Heat Reflectivity, Shiny Appearance, and Paint-free Usability, ideal for High-Corrosion Environments. Automatic and Continuous Galvanising Process Used Investor Presentation 3x Corrosion Resistance Capacity Enhanced By 36% 43 Superior Corrosion Protection with Aluminum-Zinc
Alu - Zinc Coating Advantages
• Alu-zinc coated steel is an established product in western markets, which the company will be able to cater to after the conversion. • Demand for the Aluminum Zinc Coating is growing at a significantly higher rate compared to galvanised steel. • It has greater market acceptability than galvanised steel. • There are fewer competitors in the market offering this product. • The product commands a premium price over galvanised steel. • Aluminum- Zinc Coated Steel out performs regular Zinc coated steel by providing much better corrosion resistivity, even after having 40% lower coating weight.
Financial Outlook
EBITDA growth is anticipated following the conversion to this product, without considering the increased capacity and higher productivity possible. Investor Presentation 44 Aluminum Zinc Coating Investment - Captive Solar Power Plant (Phase 1 - FY27) 7 MW Solar Power Plant Planned : Reduce Carbon Footprint And Power Costs Captive via Renewable Solar Sustainability Initiative: Transition to Renewable Energy Aiming to meet the markets demand of green steel Driven towards sustainable industrial practices Reduction in total effective power cost by 35%-45% Lowering carbon emission footprint for the company and the product Accelerated depreciation benefit on entire investment Investor Presentation 45 Investment - Other Infrastructure (Phase 1 - FY27) New Coil Slitting Line: Precision Slitting facility for GI and PPGI coils
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