Manaksia Coated Metals & Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2026.
MANAKCOAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Manaksia Coated Metals & Industries Limited held its Board Meeting on May 6, 2026, approving audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew 13.5% to Rs. 89,614.45 lakhs from Rs. 78,965.64 lakhs in the previous year. Net profit surged significantly to Rs. 4,097.15 lakhs compared to Rs. 1,564.33 lakhs (approx. 162% increase). Basic EPS improved from Rs. 1.63 to Rs. 4.25. The Board recommended a final dividend of Rs. 0.05 per share (5% on face value Rs. 1). New internal auditor (Audittech 360 Financial Services) and cost auditor (S. Chhaparia & Associates) were appointed. Remuneration increases were approved for Managing Director, Whole-time Director and Senior VP, all subject to shareholder approval. Statutory auditors issued an unmodified (clean) opinion.
Strong profit growth and improved EPS are positive signals for shareholders. The dividend offers a small income return. Auditor changes and director remuneration increases require shareholder approval but do not indicate any concerns.