MANINDSBSEMan Industries (India) Ltd-$HighNeutral
Announced Mon, 25 May · 21:31 IST

As per the attachment.

Ebitda Margin ExpansionPat Growth 25pctResults View source PDF

MANINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹557.00
prior close
₹543.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.3+3.4+3.8+2.6-5.5-10.3-12.8-10.1-11.1-3.8+6.6+3.6-4.9
Up moveDown movePending
AI summary

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%.

Likely market impact

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.