Manaksia Coated Metals Boasts Robust Q3 FY25 Results with Strategic Expansion

Manaksia Coated Metals reports strong Q3 FY25 results, including significant growth in total income, EBITDA, and net profit. The company's strategic focus on high-value products and exports has bolstered profitability and global reach. Plans for capacity expansion and sustainability initiatives indicate a promising future.

Manaksia Coated Metals & Industries Limited, a leader in coated metal products manufacturing, reported encouraging Q3 FY25 financials, showcasing robust growth and strategic advancements. The Mumbai-based company achieved a total income of Rs 207.83 crore, recording a 7.05% year-over-year increase.

Key financial metrics also indicated substantial progress: EBITDA soared by 22.25% to Rs 17.25 crore, while the net profit surged by 23.70% to Rs 5.01 crore. The earnings per share advanced by 13.56%. Export revenue during this period rose impressively by 87% due to strong demand in international markets.

Manaksia has approved a range of initiatives to further its growth trajectory. Key among these are a Rs 134.55 crore fundraise through convertible warrants, aimed at debt reduction, technology enhancement, and capacity expansion. Plans for a captive solar power plant are also underway, reinforcing the company’s commitment to sustainability.