MANINDSNSEMan Industries (India) Limited· Steel And Steel ProductsMinimalNeutral
Announced Mon, 25 May · 21:32 IST

Man Industries (India) Limited has informed the Exchange regarding a press release dated May 25, 2026, titled "Press Release / Media Release for the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.".

MANINDS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹557.00
prior close
₹543.95
base price
After-mkt
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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
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AI summary

Man Industries reported record-breaking FY26 results with standalone PAT jumping 74% year-on-year to ₹70 crore in Q4 and 42.8% for the full year to ₹196 crore. Standalone EBITDA margins hit an all-time high of 14.0% (up 360 bps YoY) while consolidated EBITDA margins reached 13.0% (up 290 bps YoY). The company reported strong Q4 standalone revenue of ₹1,157 crore, up 36% YoY, driven by robust order execution. The order book stands at approximately ₹3,000 crore, executable over the next 6-12 months, providing strong revenue visibility for FY27. The company also completed acquisition of National Pipe Company (NPC) in Saudi Arabia for ₹1,000 crore, adding 430,000 MTPA capacity and a two-decade relationship with Saudi Aramco. FY27 guidance projects consolidated revenue of ₹5,000-5,500 crore with EBITDA margin of 13-15%.

Likely market impact

Strong margin expansion and record profitability, combined with a ₹3,000 crore order book and the NPC acquisition, positions Man Industries for sustained growth in FY27. The company remains net cash positive at ₹157.5 crore despite ₹340 crore capex investment, indicating solid financial health for shareholders.