Industrials · Q2FY27 · Consolidated

Manaksia’s 10.68% margin trails Industrials peer median

Consolidated operating profit was Rs 34.05 cr, while other income was not the main contributor to profit before tax.

By Ashutosh

Filed 28 Oct 2026, 17:08 IST · after market close · Manaksia Coated Metals & Industries Ltd (MANAKCOAT)

Key takeaways

  • Consolidated operating profit was Rs 34.05 cr at a 10.68% margin, 0.35 percentage points below the Industrials peer median.
  • Other income of Rs 2.86 cr was not the main source of consolidated profit before tax of Rs 25.11 cr, while the tax rate was 25.38%.
  • The consolidated results were filed after market close at 17:08 IST on 28 Oct 2026, so the market response is not yet available.

Price around the results

Operating profit was the main earnings driver

Manaksia Coated Metals & Industries reported consolidated operating profit of Rs 34.05 cr on revenue of Rs 318.69 cr. Other income of Rs 2.86 cr was modest relative to profit before tax of Rs 25.11 cr, so the quarter’s profit was not primarily generated outside operations. Consolidated net profit was Rs 18.73 cr, with EPS of Rs 1.76.

Margin remains below the 47-peer Industrials median

The consolidated operating margin was 10.68%, compared with a 11.03% median for the 47 Industrials companies that have reported the same quarter. Manaksia’s margin was therefore 0.35 percentage points below the sector comparison.

Results were filed after market close

The company filed its consolidated results at 17:08 IST on 28 Oct 2026, after market close. The stock response cannot yet be assessed against its past results.

Q2FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ2FY27
Revenue₹319 cr
Other income₹3 cr
Expenses₹285 cr
Operating profit₹34 cr
Operating margin (%)10.68%
Interest₹8 cr
Depreciation₹3 cr
Profit before tax₹25 cr
Tax₹6 cr
Net profit₹19 cr
EPS (₹)₹1.76

Operating margin of 10.68% compares with a Industrials sector median of 11.03% across 47 peers that have reported Q2FY27.

How the stock reacted

WindowStockvs NIFTY
Results day+11.54%+10.49%
Next session+4.22%—

Volume on the results session was 10.37× its 20-day average.

What to watch

  • Whether consolidated operating margin moves from 10.68% toward or away from the 11.03% sector median.
  • Whether consolidated net profit changes from Rs 18.73 cr alongside the Rs 25.38% tax rate.
  • Whether other income remains limited relative to the current Rs 25.11 cr profit before tax.