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 delivered strong Q1 FY27 consolidated revenue of ₹1,053 Cr, up 41.9% YoY. The strategic acquisition of Saudi's National Pipe Company (NPC) and Jammu plant commissioning are key growth pillars.
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.