Metal Coatings India Ltd (METALCO)

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Metal Coatings India Ltd (METALCO) · mywealthgrid

About

Metal Coatings India Ltd operates in Iron & Steel Products within the Industrials sector.

Face value: ₹10

Market cap

₹38 Cr

P/E

14.9×

P/B

0.9×

Dividend yield

1.9%

ROE

5.6%

ROCE

7.2%

Debt / equity

0.08

OPM

EPS (TTM)

₹3.5

Book value

₹60.0

52-week high

—

52-week low

—

1,690 historical price candles were omitted because the exchange source has not been verified.

₹52.6+5.1%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0.1)
+Comfortable interest coverage of 320×
+Dividend payout of 28.4% of profit
+High promoter holding of 70.9% with no pledge

Cons

−Low return on equity of 6% (3-yr avg)
−Thin operating margin of 2%
−Profit declined 1.4% a year over the last 5 years
−Modest revenue growth of 9.6% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

57/100

Business quality: 41
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	90	102	114	154	120	94	142	170	168	160	149
COGS	-53	-19	-91	-132	-100	77	124	146	143	130	120
Gross profit	—	—	—	—	—	17	18	24	26	31	29
	141	119	201	282	216	14	15	20	23	25	26
Operating profit (EBITDA)	2	1	4	4	4	3	3	4	3	5	3
OPM %	2.1%	1.3%	3.3%	2.8%	3.1%	3.4%	2.2%	2.2%	1.9%	3.3%	2%
Depreciation	—	—	—	1	1	1	0	0	1	1	1
Interest	1	1	0	1	0	0	0	0	0	2	0
	0	1	0	1	1	1	1	0	1	1	1
Profit before tax	2	3	3	4	4	3	4	4	3	3	3
Tax	1	1	1	1	1	1	1	1	1	1	1
Tax %	35.7%	33.9%	36.4%	24.8%	26.4%	25.1%	24.7%	24.1%	21.9%	23.1%	24.8%
	2	2	2	3	3	3	3	3	3	2	2
PAT margin %	1.7%	1.7%	1.8%	2%	2.4%	2.7%	2%	1.6%	1.5%	1.5%	1.6%
EPS (₹)	2.1	2.3	2.3	4.2	3.9	3.5	3.9	3.8	3.4	3.2	3.3
EPS adjusted (₹)	—	—	2.7	4.2	3.9	3.5	3.9	3.8	3.4	3.2	3.3
	48.5%	42.7%	42.7%	11.9%	0%	0%	0%	0%	0%	31%	30.5%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	7	7	7	7	7	7	7	7	7
Reserves	18	19	22	24	27	30	32	35	37
	10	8	4	10	10	0	2	2	4
	5	6	5	5	6	6	6	9	9
Total equity & liabilities	39	40	38	46	49	43	48	53	56
	6	5	5	5	5	6	6	6	5
CWIP	—	—	—	—	—	—	—	—	—
Investments	—	1	1	0	0	0	5	8	9
	33	33	31	41	45	38	37	39	42
Total assets	39	40	38	46	49	43	48	53	56

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	18.4%	12.7%	14.1%	15.3%	19.1%	19.7%
EBITDA margin %	2.8%	3.1%	3.4%	2.2%	2.2%	1.9%	3.3%	2%
EBIT margin %	2.4%	2.6%	2.8%	1.9%	1.9%	1.6%	2.9%	1.6%
PAT margin %	2%	2.4%	2.7%	2%	1.6%	1.5%	1.5%	1.6%
Working capital
Receivable days	65	74	98	71	60	62	51	71
Inventory days	15	10	37	33	16	16	24	32
Payable days	—	—	1	1	1	1	4	1
NWC days	—	—	135	103	75	77	70	102
Leverage
Current ratio	2.94	4.74	3.15	3.36	9.26	5.78	4.73	4.49
Debt to EBITDA	1.76	1.04	2.98	3.11	0	0.63	0.3	1.2
Debt to equity	0.29	0.13	0.3	0.29	0	0.05	0.04	0.08
Interest coverage	9.2	39.7	58.2	27.9	53.1	321	2.3	320
Asset turnover	3.84	3.2	2.03	2.88	3.94	3.52	3.02	2.64
Return ratios
Return on assets %	7.7%	7.6%	5.5%	5.7%	6.4%	5.2%	4.5%	4.3%
Return on capital employed %	16.8%	13.4%	10.9%	11.2%	9.8%	8%	13%	7.2%
Return on equity %	11.5%	9.8%	8.2%	8.3%	7.5%	6.3%	5.6%	5.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.36%	70.35%	70.43%	70.43%	70.43%	70.43%	70.48%	70.52%	70.73%	70.88%	70.94%	70.94%
FII	0%	0%	0%	0.46%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	29.64%	29.65%	29.57%	29.11%	29.57%	29.57%	29.52%	29.48%	29.27%	29.12%	29.06%	29.06%
No. of shareholders	—	—	—	—	—	—	—	—	2,491	2,477	2,551	2,548

Promoter holding up 0.58 percentage points since Sep 2023.

8 deals · 3 Mar 2022 – 15 Oct 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
15 Oct 2024	PRATIK RAJIV PANDYA	Bulk	BSE	Sell	61,957	₹95.51	₹0.59 Cr
15 Oct 2024	NEIL INFORMATION TECHNOLOGY PRIVATE LIMITED	Bulk	BSE	Buy	42,409	₹95.59	₹0.41 Cr
15 Oct 2024	NEIL INFORMATION TECHNOLOGY PRIVATE LIMITED	Bulk	BSE	Sell	42,408	₹95.15	₹0.40 Cr
22 Mar 2022	LEHAR TECHNOLOGIES PVT LTD	Bulk	BSE	Sell	46,600	₹40.17	₹0.19 Cr
21 Mar 2022	LEHAR TECHNOLOGIES PVT LTD	Bulk	BSE	Sell	96,000	₹41.04	₹0.39 Cr
15 Mar 2022	LEHAR TECHNOLOGIES PVT LTD	Bulk	BSE	Sell	96,000	₹41.55	₹0.40 Cr
15 Mar 2022	ANUPAMAKHANDELWAL	Bulk	BSE	Buy	60,800	₹41.55	₹0.25 Cr
3 Mar 2022	LEHAR TECHNOLOGIES PVT LTD	Bulk	BSE	Sell	47,000	₹38.70	₹0.18 Cr

1–8 of 8

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. RAMESH CHANDER KHANDELWALExecutive Director-Chairperson related to Promoter
Mr. PRAMOD KHANDELWALExecutive Director-MD
Mrs. RUPALI AGGARWALNon-Executive - Independent Director
Mr. R A SharmaChief Financial Officer
Mr. SACHIN KHURANANon-Executive - Independent Director
Mrs. AANCHAL GUPTANon-Executive - Independent Director
Mrs. Shimpy GoyalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Metal Coatings India Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

19 announcementsExport CSV

25 Jul 2026, 1:38 pmCompany Update

Letter Sent To Members

General PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	18.4%	12.7%	14.1%	15.3%	19.1%	19.7%
EBITDA margin %	2.8%	3.1%	3.4%	2.2%	2.2%	1.9%	3.3%	2%
EBIT margin %	2.4%	2.6%	2.8%	1.9%	1.9%	1.6%	2.9%	1.6%
PAT margin %	2%	2.4%	2.7%	2%	1.6%	1.5%	1.5%	1.6%
Working capital
Receivable days	65	74	98	71	60	62	51	71
Inventory days	15	10	37	33	16	16	24	32
Payable days	—	—	1	1	1	1	4	1
NWC days	—	—	135	103	75	77	70	102
Leverage
Current ratio	2.94	4.74	3.15	3.36	9.26	5.78	4.73	4.49
Debt to EBITDA	1.76	1.04	2.98	3.11	0	0.63	0.3	1.2
Debt to equity	0.29	0.13	0.3	0.29	0	0.05	0.04	0.08
Interest coverage	9.2	39.7	58.2	27.9	53.1	321	2.3	320
Asset turnover	3.84	3.2	2.03	2.88	3.94	3.52	3.02	2.64
Return ratios
Return on assets %	7.7%	7.6%	5.5%	5.7%	6.4%	5.2%	4.5%	4.3%
Return on capital employed %	16.8%	13.4%	10.9%	11.2%	9.8%	8%	13%	7.2%
Return on equity %	11.5%	9.8%	8.2%	8.3%	7.5%	6.3%	5.6%	5.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Welspun Corp LimitedWELCORPWELCORP	₹68,741 Cr	₹70,904 Cr	₹17,300 Cr	₹2,403 Cr	13.3%	₹2,309 Cr	9.7%	19.2%	19.4%	85
Apl Apollo Tubes LimitedAPLAPOLLOAPLAPOLLO	₹58,753 Cr	₹59,205 Cr	₹22,897 Cr	₹1,841 Cr	7.8%	₹1,229 Cr	5.2%	30.8%	25.3%	-12
Shyam Metalics And Energy LimitedSHYAMMETLSHYAMMETL	₹29,244 Cr	₹30,225 Cr	₹19,574 Cr	₹2,519 Cr	12.6%	₹860 Cr	5.7%	13.5%	9.7%	8
Ratnamani Metals & Tubes LimitedRATNAMANIRATNAMANI	₹18,362 Cr	₹18,666 Cr	₹4,314 Cr	₹732 Cr	16.9%	₹433 Cr	11.9%	17.8%	12.5%	210
Jindal Saw LimitedJINDALSAWJINDALSAW	₹17,286 Cr	₹21,976 Cr	₹18,263 Cr	₹1,941 Cr	12.4%	₹653 Cr	5.2%	11.4%	8.1%	159
Usha Martin LimitedUSHAMARTUSHAMART	₹14,982 Cr	₹15,128 Cr	₹3,837 Cr	₹768 Cr	19.1%	₹507 Cr	12.6%	20%	15.4%	190
Godawari Power And Ispat LimitedGPILGPIL	₹14,517 Cr	₹14,943 Cr	₹5,808 Cr	₹1,263 Cr	23.3%	₹808 Cr	14.9%	20.1%	14.9%	73
Gallantt Ispat LimitedGALLANTTGALLANTT	₹12,793 Cr	₹13,340 Cr	₹4,437 Cr	₹655 Cr	16.2%	₹436 Cr	11%	19.2%	15.7%	58
Maharashtra Seamless LimitedMAHSEAMLESMAHSEAMLES	₹9,363 Cr	₹9,377 Cr	₹4,620 Cr	₹696 Cr	14.6%	₹737 Cr	15%	13.6%	10.6%	153
Jayaswal Neco Industries LimitedJAYNECOINDJAYNECOIND	₹8,863 Cr	₹10,960 Cr	₹7,589 Cr	₹1,409 Cr	18.6%	₹564 Cr	6.5%	22.9%	17.8%	151
Sunflag Iron And Steel Company LimitedSUNFLAGSUNFLAG	₹7,812 Cr	₹8,286 Cr	₹3,995 Cr	₹476 Cr	12.1%	₹206 Cr	5.1%	3.8%	2.3%	95
Man Industries (India) LimitedMANINDSMANINDS	₹6,912 Cr	₹7,411 Cr	₹3,875 Cr	₹532 Cr	12.3%	₹204 Cr	4.8%	18.4%	9.2%	114

Date	Category	Subject	Filing
25 Jul 2026, 1:38 pm	Company Update General	Letter Sent To Members	PDF
24 Jul 2026, 1:25 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
24 Jul 2026, 12:51 pm	AGM/EGM AGM	Notice Of The 32Nd Annual General Meeting Scheduled To Be Held On Thursday, 20Th August, 2026 At 12:30 P.M. (IST) Through Video Conferencing/Other Audio-Visual Means.	PDF
16 Jul 2026, 4:00 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
15 Jul 2026, 3:24 pm	Corp. Action Book Closure	Intimation Of Book Closure Of The Company	PDF
15 Jul 2026, 3:07 pm	Corp. Action Record Date	Intimation Of Record Date For Payment Of Final Dividend On Equity Shares Of The Company For The Financial Year 2025-26.	PDF
15 Jul 2026, 3:01 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
15 Jul 2026, 2:54 pm	Company Update General	Outcome Of The Meeting Of Board Of Directors Of The Company Held On 15Th July, 2026.	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1	3	8	-5	-6	11	3	6	-1
	0	0	-2	2	0	-1	-5	-3	0
	-2	-3	-4	6	0	-10	2	-3	1
Net cash flow	—	—	—	3	-5	0	-0	0	—
Free cash flow	—	—	—	—	—	—	—	—	—
CFO / Operating profit %	37.7%	58.3%	223.1%	-144.2%	-178.9%	303.5%	85.8%	107.2%	-39.6%

Metal Coatings India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

10

1

Compounded sales growth

Compounded profit growth

Return on equity

Metal Coatings India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Dividends10

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

10

1