| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | 37.7% YoY growth driven by NPC integration and core pipe business. |
|---|---|
| Margins | Consolidated EBITDA margins at 14.6%; NPC margins expected to stabilize around 15-18%. |
| Order book | Consolidated order book stands at approximately ₹3,600 Cr. |
| Demand visibility | Strong visibility through ₹24,000 Cr bid pipeline and Saudi infrastructure projects. |
| Management confidence | Extremely 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.
Earnings Call Transcript filed with NSE, NSE: MANINDS. Summary written with AI assistance from the document.
Man Industries (India) Ltd: key numbers
- Share price
- ₹855.05
- Market cap
- ₹6,414 Cr
- Revenue (annual)
- ₹3,564 Cr
- Net profit (annual)
- ₹170.5 Cr
- P/E (TTM)
- 31.4×Sector 17.1×
- Promoter holding
- 43.21%+0.00% QoQ
- FII holding
- 3.49%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 →Man Industries (India) Board Meeting Date
Man Industries scheduled a board meeting for 12 Nov 2026 to consider unaudited Q2/H1 FY27 results. No financial figures or decisions are reported in this advance notice.
Man Industries (India) Other Announcement
The company filed its quarterly shareholding pattern under Regulation 31, detailing the distribution of equity shares among promoters and public shareholders as of September 30, 2026.
Man Industries (India) Other Announcement
The company submitted the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
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.
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
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.