As per the attachment.
MANINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Man Industries reported record-high standalone EBITDA margin of 14.0% (up 360 bps) and PAT margin of 5.6% (up 130 bps) for FY26. Q4 standalone revenue jumped 36% YoY to ₹1,157 crore with PAT surging 74% to ₹70 crore. On a consolidated basis (excluding the one-time Merino Shelters real estate income of ₹369 crore in Q4 FY25), the core pipe business delivered ~36.2% revenue growth in Q4 FY26. The company acquired Saudi Arabia's National Pipe Company (NPC) for USD 102 million (₹1,000 crore), adding 430,000 MTPA capacity and USD 83 million in cash. Cash position stands at ₹657.2 crore with ₹132 crore free cash flow. Order book is ₹3,000 crore, executable over 6-12 months. FY27 guidance: consolidated revenue ₹5,000-5,500 crore with EBITDA margin 13-15%.
Strong operational performance with record margins and a ₹3,000 crore order book provide solid revenue visibility. The NPC acquisition expands global footprint and is EPS-accretive from Day 1. Net cash position and robust cash generation support future growth investments.