Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Man Industries (India) Earnings Call Transcript: Key Takeaways

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.

Guidance and delivery
Management target Revenue 25.0% FY27
Highlights
Revenue growth37.7% YoY growth driven by NPC integration and core pipe business.
MarginsConsolidated EBITDA margins at 14.6%; NPC margins expected to stabilize around 15-18%.
Order bookConsolidated order book stands at approximately ₹3,600 Cr.
Demand visibilityStrong visibility through ₹24,000 Cr bid pipeline and Saudi infrastructure projects.
Management confidenceExtremely optimistic, emphasizing structural multi-year shift in global pipe demand.

Growth

Consolidated revenue grew 37.7% YoY to ₹1,065 Cr; PAT more than doubled to ₹61 Cr.

Outlook

Guided ₹5,000 Cr revenue for FY27; NPC and Jammu plants operational by March 2027.

Risks

NPC margins may normalize downward to 15-18%; high dependence on lumpy DDP orders and rising finance costs.

Source

Earnings Call Transcript filed with NSE, NSE: MANINDS. Summary written with AI assistance from the document.

Read the document ↗

Man Industries (India) Ltd: key numbers

Share price
₹1,020.35
Market cap
₹7,654 Cr
Revenue (annual)
₹3,564 Cr
Net profit (annual)
₹170.5 Cr
P/E (TTM)
37.5×Sector 19.0×
Promoter holding
43.21%+0.00% QoQ
FII holding
2.87%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Man Industries (India) Ltd

All →
16:39 IST NSE
Annual General Meeting

Man Industries (India) Annual General Meeting

Man Industries held its 38th Annual General Meeting on September 25, 2026. The meeting covered routine business, including approval of financial statements and statutory resolutions.

13:53 IST BSE
New Order Win

Man Industries (India) Bags ₹600 Cr Order from Domestic and International Customers

Man Industries received new pipe supply orders worth Rs.600 Crores from domestic and international customers, deliverable in 6-9 months. Total order book stands at Rs.4,100 Crores.

Value
₹600.0 Cr
From
Domestic and International Customers
Execution
6 - 9 months
Order book
₹4,100 Cr
15:00 IST BSE
Annual Report

Man Industries (India) Annual Report

Man Industries (India) Ltd has released its Annual Report for the financial year 2025-26. The 38th Annual General Meeting is scheduled for September 25, 2026.

14:32 IST BSE
Annual General Meeting

Man Industries (India) Annual General Meeting

Man Industries (India) Ltd will hold its 38th Annual General Meeting on September 25, 2026. The register of members will close from September 18 to September 25.