Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company, at its meeting ....
MANINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 1.7 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Man Industries (India) Ltd reported strong FY26 results with net profit growing 42.8% to Rs 19,585 lakhs from Rs 13,712 lakhs in FY25. Revenue from operations increased 10.8% to Rs 3,45,525 lakhs. EPS improved to Rs 27.17 from Rs 21.18. The auditor gave an unmodified (clean) opinion on the financial statements. However, three Emphasis of Matter paragraphs were noted: (1) Income Tax Department conducted a search and seizure operation, (2) SEBI passed an order in September 2025 which is stayed by SAT, and (3) MCA issued notice for Companies Act non-compliances with compounding applications pending. Related party transactions include Rs 21,705.99 lakhs in loans granted to subsidiaries. Outstanding order book stands at approximately Rs 3,000 crores to be executed in 6-12 months.
The company delivered robust profit growth of 43% with clean audit opinion, which is positive for shareholders. However, ongoing regulatory matters (IT search, SEBI order under SAT stay) and tax disputes of Rs 11,476 lakhs create some uncertainty that investors should monitor closely.