Man Industries (india)
Record ₹190 Cr EBITDA (15.6% margin) on ₹1,216 Cr revenue (+49% YoY), NPC-driven; ₹300 Cr deferred shipments and unclear ₹24 Cr gain treatment warrant caution.
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Record ₹190 Cr EBITDA (15.6% margin) on ₹1,216 Cr revenue (+49% YoY), NPC-driven; ₹300 Cr deferred shipments and unclear ₹24 Cr gain treatment warrant caution.
Record ₹190 Cr EBITDA (15.6% margin) on ₹1,216 Cr revenue (+49% YoY), NPC-driven; ₹300 Cr deferred shipments and unclear ₹24 Cr gain treatment warrant caution.
FY28 consolidated revenue growth guided 20-25%; peak gross debt ₹1,700 Cr, net ₹200-250 Cr in FY27 excluding US.
Man Industries reported a strong Q1 FY27 with consolidated EBITDA at record highs, driven by a 38% revenue increase and the integration of Saudi-based NPC. Management remains aggressive on geographical expansion and high-margin segments.
Man Industries achieved record standalone EBITDA (14%) and PAT margins in FY26. A transformative $102M acquisition of National Pipe Company (NPC) in Saudi Arabia was closed, significantly scaling operations.
Man Industries acquires National Pipe Company (KSA) for USD 102Mn, targeting a combined FY30 revenue of INR ~8,500 Cr and structurally higher consolidated margins.
Man Industries reported record FY26 standalone EBITDA (14%) and PAT (5.6%) margins. Q4 standalone revenue grew 36% YoY to INR 1,157 crore.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.