ALFA Finder| Management target | Revenue 20.0% FY28 |
|---|
| Revenue growth | +49% YoY, +14% QoQ; largely NPC acquisition-led, not organic. |
|---|---|
| Margins | EBITDA margin 15.6% vs 12.5% YoY, 14.6% QoQ; H1 15.1%. |
| Order book | ₹3,500 Cr; bid pipeline ₹19,000 Cr, analyst cites ₹24,000 Cr prior. |
| Demand visibility | Saudi bid book strong; US demand claimed, unquantified; Hormuz a headwind. |
| Management confidence | Confident but deflective; dodges standalone guidance, leverage target, and freight specifics. |
Growth
Revenue +49% YoY, +14% QoQ, with NPC (₹486 Cr, first full quarter) a major driver; H1 revenue +43.6%.
Outlook
FY28 consolidated revenue growth guided 20-25%; peak gross debt ₹1,700 Cr, net ₹200-250 Cr in FY27 excluding US.
Risks
H2 flat vs H1 implies ~₹4,600 Cr FY27, short of ₹5,000 Cr target; freight costs rising to 20-25%.
Earnings Call Transcript filed with NSE, NSE: MANINDS. Summary written with AI assistance from the document.
Man Industries (India) Ltd: key numbers
- Share price
- ₹821.45
- Market cap
- ₹6,162 Cr
- Revenue (annual)
- ₹3,564 Cr
- Net profit (annual)
- ₹170.5 Cr
- P/E (TTM)
- 24.7×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) Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹1,210 Cr (+45.1% YoY), PAT ₹82 Cr (+121.7% YoY), EBITDA margin 15.6%. Growth driven by NPC (KSA) consolidation and capacity expansion.
Man Industries (India) Other Announcement
Man Industries disclosed its Reg 32 statement of deviation for the quarter ended 30 September 2026, confirming no deviation in use of funds from its preferential warrant and equity issues. The filing is a routine utilisation report.
Man Industries (India) Results Update
MAN Industries released Q2 FY27 unaudited financial results under Regulation 30. Consolidated EBITDA rose 86.6% YoY while order book stands at approximately ₹3,500 crore.
Man Industries (India) Q2 FY27 Results: Net Profit ₹82 Cr, Up 121.6% YoY
Man Industries (India) Ltd reported revenue from operations of ₹1,210 Cr (+45.1% YoY) and net profit of ₹82 Cr (+121.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹82 Cr · +121.6% YoY
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.