Man Industries (India) Limited has informed the Exchange regarding a press release dated Jun 05, 2025, titled "Press Release / Media Release in respect of a new Export Order worth Rs.1,150 Crores".
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Man Industries (India) Limited has secured a new export order valued at approximately Rs. 1,150 Crores for supplying different types of pipes to an international customer. The order is expected to be executed over the next 6 to 12 months. With this addition, the company's total unexecuted order book now stands at approximately Rs. 3,500 Crores. The company is a leading manufacturer of large diameter pipes (LSAW, HSAW, and ERW) used in oil & gas, petrochemicals, water, and other sectors. Man Industries is also undertaking a capex of around Rs. 600 Crores to set up a stainless-steel seamless pipe facility in Jammu and a new plant in Dammam, Saudi Arabia.
This sizable export win reinforces Man Industries' strong order book visibility (Rs. 3,500 Crores) and reflects healthy global demand, which is likely to support revenue growth and is generally positive for shareholder sentiment in the near term.