Manaksia Coated Metals Expands Galvanizing Line Capacity to 180,000 MT
Filing Summary
Manaksia Coated Metals & Industries Ltd has announced a technology upgrade and capacity expansion of its Continuous Galvanizing Line (CGL). The company plans to increase its installed capacity from 132,000 MT to 180,000 MT per annum, marking a 36% enhancement. The upgrade involves a shift to Aluminium-Zinc coating technology, with production stabilization expected by January 2026. In H1 FY26, the company reported a Consolidated Total Income of ₹ 478 Cr, EBITDA of ₹ 58 Cr, and Net Profit of ₹ 28 Cr. This initiative aligns with growing market demand for Aluminium-Zinc coated steel.
Manaksia Coated Metals & Industries Ltd has initiated a planned shutdown of its Continuous Galvanizing Line (CGL) to implement a technology upgrade and capacity expansion. The upgrade involves converting from galvanized steel to Aluminium-Zinc coated steel. The installed capacity is set to increase from 132,000 MT per annum to 180,000 MT per annum, representing a 36% enhancement. The company expects production of Aluminium-Zinc coated steel to stabilize from January 2026.
In the first half of FY26, Manaksia Coated Metals & Industries Ltd reported a Consolidated Total Income of ₹ 478 Cr, an EBITDA of ₹ 58 Cr, and a Net Profit of ₹ 28 Cr. These figures reflect the company’s financial performance during the period, providing a context for the ongoing expansion and technological upgrade.
The scope of the project includes upgrading the Continuous Galvanizing Line to Aluminium-Zinc coating technology, which will increase line speeds. This upgrade is designed to improve line productivity and operating efficiency while reducing the coating cost per metric tonne. The transition supports a shift towards a higher-value product mix, aligning with the company’s medium-term business plans.
The market context for this upgrade is driven by the growing demand for Aluminium-Zinc coated steel, which has higher market acceptance and premium pricing. This strategic move enables Manaksia Coated Metals & Industries Ltd to participate more effectively in both domestic and export markets. The company aims to enhance its presence across these markets by improving operating efficiency and supporting scalable volume growth.
The planned shutdown for the upgrade began in December, with the company anticipating stabilization of production by January 2026. This timeline indicates the company’s commitment to swiftly implementing the upgrade to minimize disruption and align with market opportunities.
Manaksia Coated Metals & Industries Ltd is a prominent manufacturer and exporter of coated metal products, specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in coil and sheet forms. The company’s manufacturing facility in Kutch, Gujarat, is strategically located near Kandla and Mundra Ports, enhancing its efficiency for imports, exports, and access to domestic coastal routes. The company continues to drive innovation in the steel industry while meeting diverse market demands.