Manaksia Coated Metals Q1 FY26: Steel Sheets, Snacks, and a Plot Twist?
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1. At a Glance
Manaksia Coated Metals just dropped a Q1 bombshell: ₹14 Cr PAT on ₹250 Cr sales, up 31% YoY. Also… they’re merging with a snacks company? Yes, really. This isn’t your average metal sheet stock — it’s a full-blown identity crisis in progress.
2. Introduction with Hook
Imagine a steel company walking into Shark Tank saying: “We also make mosquito coils… and want to merge with a snack brand.”
Cue Anupam Mittal’s expression.
Q1 FY26: ₹14 Cr PAT | 10% OPM (best in 3 years)
5-year profit CAGR: 24%
Stock up 117% in 1 year
From coated coils to crisp profits — what’s this beast really cooking?
3. Business Model (WTF Do They Even Do?)
Manaksia Coated is like a metal-wrapped onion — layer upon layer:
