Manaksia upgrades galvanizing line, capacity to rise 36% by January 2026

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Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹132.55

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.9% vs market

Iron & Steel Products peers, median of 96sector-0.7%-0.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.7 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.

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 96Pending

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AI summary

Manaksia Coated Metals is upgrading its Continuous Galvanizing Line from galvanised to Aluminium-Zinc coating technology. Capacity will rise from 132,000 MT to 180,000 MT per annum, a 36% increase. The shutdown began in December 2025 and Alu-Zinc production is expected to stabilize from January 2026. The company expects improved productivity, lower coating cost, better margins, and higher EBITDA. In H1 FY26, it reported Total Income of Rs. 477.62 Cr, EBITDA of Rs. 58.07 Cr and Net Profit of Rs. 27.97 Cr.

Likely market impact

Positive - capacity expansion and shift to higher-value Alu-Zinc coated steel expected to improve margins, with some short-term output disruption during transition.