Malaysia Coated Metals Shines in Q1 FY27: Revenue Up 15% QoQ, EBITDA Skyrockets 86% to INR 29.08 Cr

Malaysia Coated Metals & Industries Reports Robust Q1 FY27 Performance

Malaysia Coated Metals & Industries Limited (MANAFORT) has kicked off the new fiscal year with an impressive turnaround, reporting a stellar performance in the first quarter of FY27, which ended June 30, 2026. The company’s recent earnings conference call transcript reveals a significant recovery from the challenges faced in the latter half of FY26, showcasing strong operational execution and strategic pricing.

The company’s Whole-Time Director, Mr. Karan Agrawal, highlighted the quarter as “a strong quarter for us and honestly a rewarding one after the challenges of the second half of FY26.” He attributed the resurgence to several factors, including uninterrupted plant operations, full restoration of fuel supply, and the successful stabilization of the new Alumina production line. Crucially, new orders in Q1 were priced to fully cover current costs with a healthy margin buffer, a strategy that significantly bolstered unit economics.

Key financial highlights for Q1 FY27 include:

• Consolidated Revenue: INR 263 crores, marking a 15% sequential increase (QoQ) and a 3.6% year-on-year (YoY) growth.
• EBITDA: INR 29.08 crores, demonstrating an exceptional 86% jump quarter-on-quarter.
• EBITDA Margin: Recovered sharply by 422 basis points to 11.06%, reflecting improved profitability.
• Price Realization per Ton: INR 88,597, up nearly 12% from INR 79,180 per ton in Q4 FY26, driven by a better product mix (more Pre-Painted and Alumina) and enhanced pricing strategies.
• EBITDA per Ton: Achieved a record high of INR 10,400, surpassing last year’s Q1 figures and underscoring the company’s healthy unit economics under normal operating conditions.

This strong start to FY27 positions Malaysia Coated Metals favorably, indicating that the strategic investments and pricing adjustments are yielding positive results. Investors will be keenly watching if the company can sustain this momentum throughout the year, leveraging its stabilized operations and robust demand.