Short term swing trade (B): Metal stock | 11-14% target | Indian stock trading signal on 14 Oct 2025

NOTE

 

  • Closing Price: ₹161.66 (as of Oct 13, 2025)

  • StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.

  • Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.

  • Upside Potential#: Based on median of the suggested buy range.

Manaksia Coated Metals & Industries Limited, headquartered in Hyderabad, manufactures and sells coated metal products in India and overseas. The company operates through Metal Products and Others segments, offering galvanized and pre-painted steel coils and sheets under the brands Colour Strong, Zingalvo, and Singham. It also produces ultramarine blue powder (sold as Robin Blue) and mosquito repellent coils.

Its products are widely used in roofing, cladding, metal building construction, HVAC systems, appliances, furniture, vehicles, and cold storage solutions. Incorporated in 2010, the company serves both domestic and export markets.

 

Website: https://www.manaksiacoatedmetals.com/

Q1 FY'26 Earning Call Summary & Financial Highlights

Earnings Call Summary

 

  • Record Revenue Growth: Revenue surged 29.97% YoY to ₹253.94 crore, driven by strong exports (57% of total revenue vs. 26% last year) and higher sales volumes (+18.69% YoY to 29,248 metric tons).
  • Exceptional Profitability Jump: Net profit increased 359.70% YoY to ₹14.01 crore, while EBITDA rose 93.36% YoY to ₹28.62 crore with margin expansion of 370 bps to 11.27%.
  • Major Capacity Expansion: Three projects worth ₹150 crore are underway — Alu-Zinc upgrade (180,000 MTPA by Q2 FY26), new color coating line (+150,000 MTPA by Q4 FY26), and 7 MW solar plant (saving ₹6–7 crore annually).
  • Strengthened Balance Sheet: Raised ₹174.87 crore through preferential warrants (₹161.22 crore infused) for debt reduction, improving Net Debt-to-EBITDA to 2.3x, targeting 1.7x by FY26.
  • Peak Capacity Utilization: Galvanizing Line operated at 85%, Color Coating Line at 100%, and exports jumped 166.14% YoY, with Europe as the main market across 40+ countries.

Financial Highlights

 

Metric Q1 FY26 Q4 FY25 Q1 FY25 QoQ Change YoY Change
Revenue (INR Cr) 253.94 207.89 195.38 22.20% 30.00%
EBITDA (INR Cr) 28.62 N/A 14.8 N/A 93.40%
EBITDA Margin (%) 11.27 N/A 7.57 N/A +370 bps
Profit Before Tax (Cr) 18.7 6.86 4.03 172.60% 364.00%
Net Profit (INR Cr) 14.01 5.03 2.98 178.50% 370.10%
EPS (INR) 1.42 0.8 0.4 77.50% 255.00%

Q1 FY'26 Earning Call Summary & Financial Highlights

Earnings Call Summary

 

  • Record Revenue Growth: Revenue surged 29.97% YoY to ₹253.94 crore, driven by strong exports (57% of total revenue vs. 26% last year) and higher sales volumes (+18.69% YoY to 29,248 metric tons).
  • Exceptional Profitability Jump: Net profit increased 359.70% YoY to ₹14.01 crore, while EBITDA rose 93.36% YoY to ₹28.62 crore with margin expansion of 370 bps to 11.27%.
  • Major Capacity Expansion: Three projects worth ₹150 crore are underway — Alu-Zinc upgrade (180,000 MTPA by Q2 FY26), new color coating line (+150,000 MTPA by Q4 FY26), and 7 MW solar plant (saving ₹6–7 crore annually).
  • Strengthened Balance Sheet: Raised ₹174.87 crore through preferential warrants (₹161.22 crore infused) for debt reduction, improving Net Debt-to-EBITDA to 2.3x, targeting 1.7x by FY26.
  • Peak Capacity Utilization: Galvanizing Line operated at 85%, Color Coating Line at 100%, and exports jumped 166.14% YoY, with Europe as the main market across 40+ countries.

Financial Highlights

 

Metric Q1 FY26 Q4 FY25 Q1 FY25 QoQ Change YoY Change
Revenue (INR Cr) 253.94 207.89 195.38 22.20% 30.00%
EBITDA (INR Cr) 28.62 N/A 14.8 N/A 93.40%
EBITDA Margin (%) 11.27 N/A 7.57 N/A +370 bps
Profit Before Tax (Cr) 18.7 6.86 4.03 172.60% 364.00%
Net Profit (INR Cr) 14.01 5.03 2.98 178.50% 370.10%
EPS (INR) 1.42 0.8 0.4 77.50% 255.00%

Price Performance & Volume Analysis

Price Performance

 

Volume Analysis

 

Price Performance & Volume Analysis

Price Performance

 

Volume Analysis

 

Technical Analysis

Key Observations

 

  • Following a rounding bottom breakout, the stock rallied to its all-time high near ₹172.
  • After reaching the peak, it underwent a 25% correction before staging a rebound.
  • In the latest session, a strong bullish candle formed with high trading volumes, indicating potential for further upward movement.

Technical Image - Daily Timeframe

 

Technical Analysis

Key Observations

 

  • Following a rounding bottom breakout, the stock rallied to its all-time high near ₹172.
  • After reaching the peak, it underwent a 25% correction before staging a rebound.
  • In the latest session, a strong bullish candle formed with high trading volumes, indicating potential for further upward movement.

Technical Image - Daily Timeframe

 

Technical Indicators

Oscillators

Indicator Value Zone
RSI-14 68.25 Neutral
CCI-14 155.84 Overbought
MFI 96.37 Overbought
ROC 23.45 Positive
Stochastic %K 85.21 Overbought
William %R -14.79 Overbought

Exponential Moving Averages (EMAs)

EMA Value Stock Position
5 EMA 150 Above
10 EMA 146 Above
20 EMA 144 Above
50 EMA 142 Above
100 EMA 135 Above
200 EMA 118 Above

Technical Indicators

Oscillators

Indicator Value Zone
RSI-14 68.25 Neutral
CCI-14 155.84 Overbought
MFI 96.37 Overbought
ROC 23.45 Positive
Stochastic %K 85.21 Overbought
William %R -14.79 Overbought

Exponential Moving Averages (EMAs)

EMA Value Stock Position
5 EMA 150 Above
10 EMA 146 Above
20 EMA 144 Above
50 EMA 142 Above
100 EMA 135 Above
200 EMA 118 Above

Conclusion

Manaksia Coated Metals & Industries Stock Price Forecast

 

Based on our swing stock trading consultant, the Manaksia Coated Metals & Industries Stock Price target will be INR 175 - INR 180 in the next 14-15 trading sessions.

Conclusion

Manaksia Coated Metals & Industries Stock Price Forecast

 

Based on our swing stock trading consultant, the Manaksia Coated Metals & Industries Stock Price target will be INR 175 - INR 180 in the next 14-15 trading sessions.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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