This is to inform you that Board of Directors of the Company in their meeting held today i.e., Wednesday, 27th May, 2026, inter alia, have considered, recommended and approved the following: ....
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Metal Coatings (India) Limited's Board approved the audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations declined to Rs. 14,897.55 lakhs from Rs. 16,025.02 lakhs in the previous year, representing a 7% revenue decline. However, net profit improved marginally to Rs. 239.97 lakhs from Rs. 236.96 lakhs (about 1.3% growth). The company recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10). Statutory auditors M/s Mehra Goel & Co. issued an unmodified (clean) opinion on the financial statements. Operating cash flow turned negative at Rs. 115.84 lakhs compared to positive Rs. 569.06 lakhs in the previous year. Borrowings nearly doubled from Rs. 159.64 lakhs to Rs. 352.11 lakhs.
The 7% revenue decline is a concern, though the company managed to slightly grow profit amid challenging conditions. The negative operating cash flow and increased borrowings indicate tighter liquidity. The clean audit and modest dividend offer some stability for investors.