| Quarterly Financials | Jun 2011 | Sept 2011 | Dec 2011 | Jun 2012 | Sept 2012 | Mar 2013 | Jun 2013 | Jun 2018 | Sept 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 481 | 436 | 499 | 342 | 467 | 261 | 147 | 637 | 774 | 289 | 245 | 319 | 541 | 671 | 410 | 595 | 548 | 557 | 410 | 501 | 635 | 630 | 523 | 467 | 672 | 609 | 494 | 1,039 | 847 | 825 | 769 | 817 | 738 | 1,234 | 774 | 815 |
| Expenses | 448 | 408 | 456 | 300 | 469 | 237 | 153 | 570 | 719 | 260 | 216 | 279 | 474 | 626 | 355 | 535 | 487 | 498 | 365 | 448 | 572 | 573 | 488 | 450 | 599 | 557 | 444 | 948 | 768 | 752 | 711 | 743 | 653 | 1,097 | 693 | 713 |
| EBITDA | 33 | 28 | 43 | 41 | -2 | 24 | -6 | 67 | 55 | 29 | 29 | 41 | 67 | 45 | 55 | 60 | 61 | 59 | 45 | 53 | 63 | 57 | 35 | 17 | 73 | 52 | 50 | 91 | 79 | 73 | 58 | 75 | 84 | 137 | 81 | 102 |
| Operating Profit % | 4 % | 0 % | 8 % | 13 % | -11 % | 2 % | -7 % | 10 % | 10 % | 4 % | 10 % | 9 % | 11 % | 8 % | 11 % | 9 % | 12 % | 8 % | 10 % | 9 % | 9 % | 7 % | 4 % | 3 % | 9 % | 7 % | 10 % | 7 % | 8 % | 7 % | 5 % | 8 % | 11 % | 10 % | 7 % | 15 % |
| Depreciation | 10 | 10 | 9 | 9 | 10 | 10 | 8 | 11 | 12 | 12 | 12 | 12 | 13 | 15 | 12 | 12 | 12 | 11 | 11 | 11 | 12 | 12 | 12 | 11 | 11 | 11 | 15 | 15 | 16 | 16 | 13 | 11 | 11 | 11 | 13 | 22 |
| Interest | 8 | 7 | 6 | 11 | 13 | 9 | 9 | 18 | 18 | 14 | 13 | 14 | 15 | 22 | 20 | 13 | 9 | 11 | 9 | 8 | 11 | 10 | 9 | 9 | 12 | 6 | 21 | 22 | 20 | 25 | 18 | 21 | 26 | 35 | 30 | 30 |
| Profit Before Tax | 31 | 27 | 32 | 26 | 42 | 13 | 2 | 38 | 25 | 4 | 4 | 14 | 39 | 7 | 24 | 35 | 41 | 37 | 25 | 34 | 41 | 35 | 14 | -3 | 49 | 34 | 14 | 54 | 43 | 32 | 28 | 43 | 47 | 91 | 38 | 49 |
| Tax | 11 | 12 | 13 | 7 | 18 | 9 | 1 | 13 | 10 | 0 | 1 | 4 | 10 | -5 | 7 | 8 | 10 | 11 | 6 | 9 | 10 | 9 | 4 | 2 | 12 | 4 | 3 | 15 | 13 | 8 | 9 | 11 | 13 | 23 | 11 | 13 |
| Net Profit | 19 | 14 | 20 | 20 | 24 | 3 | 2 | 25 | 15 | 3 | 4 | 10 | 29 | 13 | 17 | 27 | 31 | 26 | 19 | 25 | 31 | 27 | 10 | -5 | 37 | 30 | 11 | 39 | 31 | 24 | 19 | 32 | 34 | 68 | 28 | 37 |
| EPS in ₹ | 3.48 | 2.60 | 3.52 | 3.42 | 4.24 | 0.53 | 0.30 | 4.38 | 2.64 | 0.58 | 0.64 | 1.76 | 5.13 | 2.19 | 3.00 | 4.78 | 5.35 | 4.53 | 3.38 | 4.29 | 5.49 | 4.64 | 1.63 | -0.85 | 6.20 | 4.97 | 1.90 | 6.68 | 5.09 | 4.00 | 2.94 | 4.92 | 5.36 | 9.15 | 4.13 | 4.83 |
Man Industries
Man Industries
464.00
+17.00
(3.80%)
Key Fundamentals
Market Cap
3,480.44 Cr
EPS
23.66
PE Ratio
20.06
Dividend Yield
0.00 %
Industry
Industrial Products 52 Week High
468.00
52 Week Low
201.55
PB Ratio
1.70
Debt to Equity
0.27
Sector
Iron & Steel Products Analyst Rating and Forecast
- By Refinitiv from1 analysts
Actual
Company News
View All News
MAN Industries Signs 5-Year MoU with Aramco Asia India for Saudi Arabia Manufacturing Expansion
15 hours ago
15 hours agoMAN Industries (India) Limited signed a Memorandum of Understanding with Aramco Asia India Pvt. Ltd. on November 19, 2025, to explore long-term supply arrangements and potential establishment of a steel pipe manufacturing facility in Saudi Arabia. The five-year agreement aims to enhance local manufacturing capabilities and support energy infrastructure requirements across Saudi Arabia, GCC, and the broader Middle East region.
Man Industries Submits Monitoring Report for Rs 2,550 Crore Preferential Issue Fund Utilization6 days ago
6 days agoMan Industries (India) Limited submitted its monitoring agency report for the quarter ended September 30, 2025, detailing utilization of Rs 2,549,997,624 raised through preferential equity shares issue. The company utilized Rs 639.5 crore for business expansion as guarantee deposit for strategic acquisition and Rs 1,030 crore for working capital requirements including LC payments and vendor settlements.
Investor Ashish Kacholia has increased his shareholding in Man Industries to 3.04% from 1.2% during Q2. The stake increase represents a significant rise in his investment in the company.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,721.20 | #1 47,786.71 | 45.58 | 20,785.60 | 14.25 | 757 | #1 460.41 | 39.03 | |
835.00 | 23,307.51 | 24.11 | 15,368.10 | #1 15.08 | 909 | 20.77 | 34.67 | |
883.15 | 23,280.44 | 10.91 | 14,167.30 | -19.42 | #1 1,902 | 56.71 | 46.37 | |
250.00 | 16,740.42 | 23.73 | 5,471.70 | -1.47 | 813 | 1.38 | 40.10 | |
2,343.60 | 16,426.76 | 26.75 | 5,246.10 | 2.22 | 542 | 57.10 | 40.11 | |
613.20 | 14,795.35 | 30.84 | 4,308.30 | 1.75 | 401 | 81.80 | 52.04 | |
438.90 | 13,375.12 | 33.86 | 3,513.50 | 7.59 | 406 | 0.46 | 42.13 | |
166.63 | 10,656.13 | #1 9.52 | #1 20,947.80 | -0.84 | 1,458 | -70.84 | 31.49 | |
571.00 | 7,651.36 | 9.68 | 5,465.90 | -1.45 | 777 | -43.14 | 48.84 | |
75.92 | 7,371.82 | 19.36 | 2,666.90 | -12.30 | -94 | 407.31 | 54.67 |
Growth Rate
Revenue Growth
11.36 %
Net Income Growth
45.77 %
Cash Flow Change
-80.29 %
ROE
27.41 %
ROCE
17.28 %
EBITDA Margin (Avg.)
8.17 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,499 | 1,243 | 1,356 | 1,698 | 1,594 | 1,827 | 1,786 | 1,820 | 1,860 | 2,415 | 3,779 |
| Fixed Assets | 417 | 349 | 346 | 355 | 396 | 368 | 337 | 318 | 553 | 605 | 643 |
| Current Assets | 1,025 | 737 | 870 | 1,092 | 949 | 1,178 | 1,208 | 1,219 | 1,157 | 1,598 | 2,751 |
| Capital Work in Progress | 3 | 19 | 5 | 63 | 3 | 4 | 1 | 20 | 14 | 31 | 133 |
| Investments | 1 | 104 | 104 | 103 | 102 | 102 | 103 | 102 | 0 | 228 | 26 |
| Other Assets | 1,079 | 771 | 902 | 1,176 | 1,093 | 1,353 | 1,345 | 1,379 | 1,293 | 1,552 | 2,977 |
| Total Liabilities | 1,499 | 1,243 | 1,356 | 1,698 | 1,594 | 1,827 | 1,786 | 1,820 | 1,860 | 2,415 | 3,779 |
| Current Liabilities | 642 | 439 | 581 | 915 | 798 | 1,022 | 910 | 843 | 567 | 830 | 1,985 |
| Non Current Liabilities | 375 | 237 | 177 | 130 | 94 | 59 | 41 | 35 | 161 | 180 | 187 |
| Total Equity | 483 | 566 | 598 | 652 | 702 | 746 | 835 | 942 | 1,132 | 1,405 | 1,607 |
| Reserve & Surplus | 454 | 538 | 570 | 624 | 674 | 718 | 806 | 911 | 1,102 | 1,361 | 1,563 |
| Share Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 30 | 30 | 32 | 32 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -31 | 19 | -13 | -88 | -1 | 131 | -119 | 65 | -45 | 152 | 56 |
| Investing Activities | -61 | 2 | 21 | -105 | 0 | -46 | 4 | -119 | -136 | -279 | -41 |
| Operating Activities | 64 | 205 | -75 | 132 | 137 | 214 | -60 | 451 | -120 | 345 | 68 |
| Financing Activities | -35 | -188 | 41 | -115 | -138 | -37 | -63 | -267 | 211 | 86 | 30 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | May 2025 | Jun 2025 | Jul 2025 | Sept 2025 |
| Promoter | 42.57 % | 42.57 % | 42.62 % | 42.62 % | 44.69 % | 45.69 % | 45.69 % | 45.69 % | 45.69 % | 45.69 % | 49.62 % | 49.62 % | 46.15 % | 46.12 % | 46.15 % | 46.15 % | 46.21 % | 48.21 % | 48.21 % | 43.21 % | 43.21 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.61 % | 0.00 % | 1.64 % | 1.84 % | 2.52 % | 2.16 % | 3.33 % | 2.58 % | 2.19 % | 0.00 % | 2.32 % |
| DIIs | 0.21 % | 0.20 % | 0.20 % | 0.20 % | 0.19 % | 0.19 % | 0.19 % | 0.19 % | 0.23 % | 0.05 % | 0.05 % | 0.04 % | 3.32 % | 3.31 % | 3.28 % | 2.65 % | 1.03 % | 1.03 % | 0.88 % | 0.04 % | 1.69 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 36.07 % | 35.84 % | 39.57 % | 39.51 % | 37.56 % | 38.40 % | 37.50 % | 37.70 % | 37.94 % | 37.48 % | 36.15 % | 35.09 % | 35.45 % | 34.88 % | 35.16 % | 35.50 % | 35.30 % | 35.61 % | 35.25 % | 34.74 % | 35.07 % |
| Others | 21.16 % | 21.40 % | 17.61 % | 17.67 % | 17.56 % | 15.72 % | 16.62 % | 16.42 % | 16.14 % | 16.78 % | 12.58 % | 15.25 % | 13.44 % | 13.85 % | 12.89 % | 13.55 % | 14.13 % | 12.56 % | 13.47 % | 22.02 % | 17.71 % |
| No of Share Holders | 35,402 | 32,870 | 41,429 | 40,937 | 40,643 | 41,970 | 39,466 | 38,740 | 37,549 | 31,539 | 34,330 | 35,193 | 44,197 | 46,295 | 53,582 | 56,984 | 56,405 | 59,431 | 59,257 | 56,856 | 54,425 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1.5 | 1.5 | 1.5 | 1 | 2 | 0.00 | 0.00 | 2 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.38 | 2.58 | 4.15 | 1.26 | 2.09 | 0.00 | 0.00 | 0.75 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 29 Apr 2022 |  Dividend | ₹ 2.00 /share | 28 Apr 2022 | 97.65 | 95.95 |
| 16 Aug 2023 | Dividend | ₹ 2.00 /share | 14 Aug 2023 | 162.55 | 144.60 |
| 01 Nov 2023 |  Extraordinary General Meeting | NA | 01 Nov 2023 | 194.65 | 226.10 |
| 29 Feb 2024 | Extraordinary General Meeting | NA | 29 Feb 2024 | 449.80 | 379.60 |
| 12 Nov 2024 |  Quarterly Result Announcement | NA | 12 Nov 2024 | 315.65 | 315.25 |
| 18 Dec 2024 | Extraordinary General Meeting | NA | 18 Dec 2024 | 298.15 | 348.60 |
| 12 Feb 2025 | Quarterly Result Announcement | NA | 12 Feb 2025 | 289.15 | 264.25 |
| 12 May 2025 | Quarterly Result Announcement | NA | 12 May 2025 | 282.60 | 261.75 |
| 25 Jun 2025 | Extraordinary General Meeting | NA | 25 Jun 2025 | 375.50 | 390.45 |
| 11 Aug 2025 | Quarterly Result Announcement | NA | 11 Aug 2025 | 437.40 | 419.50 |
| 26 Sept 2025 |  Annual General Meeting | NA | 26 Sept 2025 | 414.45 | 424.20 |
| 13 Nov 2025 | Quarterly Result Announcement | NA | 13 Nov 2025 | 399.40 | 383.95 |
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media Release15 hours ago
15 hours agoMemorandum Of Understanding (Mou) Between Man Industries (India) Limited And Aramco Asia India Pvt. Ltd.15 hours ago
15 hours agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Monitoring Agency Report6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation6 days ago
6 days agoIntimation Of TV Interview With NDTV Profit On November 14 2025.6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release7 days ago
7 days agoUnaudited Results For The Quarter And Half Year Ended September 30 2025.7 days ago
7 days agoBoard Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Nov 06, 2025Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended September 30 2025.Nov 04, 2025
Nov 04, 2025Copy Of Stay Order Dated October 10 2025 Passed By Securities Appellate Tribunal (SAT).Oct 14, 2025
Oct 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Oct 14, 2025Announcement under Regulation 30 (LODR)-Credit RatingOct 13, 2025
Oct 13, 2025Additional Information On Stay Order Passed By Securities Appellate Tribunal (SAT) In Respect Of Securities And Exchange Board Of India (SEBI) Order Dated September 29 2025.Oct 10, 2025
Oct 10, 2025Stay On Order Passed By Securities And Exchange Board Of India (SEBI) On September 29 2025 By Securities Appellate Tribunal (SAT).Oct 10, 2025
Oct 10, 2025Intimation Of TV Interview With Zee Business On October 1 2025 At 12:00 P.M.
Oct 01, 2025
Oct 01, 2025Additional Disclosure Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Sep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 30, 2025
Sep 30, 2025Disclosure Of Order Passed By Securities And Exchange Board Of India On September 29 2025.Sep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 29, 2025
Sep 29, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 08, 2025
Sep 08, 2025Business Responsibility and Sustainability Reporting (BRSR)Sep 04, 2025
Sep 04, 2025Reg. 34 (1) Annual Report.Sep 04, 2025
Sep 04, 2025Intimation Of 37Th Annual General Meeting And Book Closure Date.Sep 04, 2025
Sep 04, 2025Intimation Of TV Interview With Zee Business On September 4 2025 At 12:10 P.M.Sep 04, 2025
Sep 04, 2025Intimation Of TV Interview With NDTV Profit On September 3 2025.Sep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 03, 2025
Sep 03, 2025Man Industries (India) Limited Gets New Export Order Of Approx. Rs. 1700 Crores.Sep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 12, 2025
Aug 12, 2025Intimation Of TV Interview With Zee Business And NDTV Profit On August 12 2025.Aug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 11, 2025
Aug 11, 2025Outcome Of The Board Meeting Under Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 11, 2025
Aug 11, 2025Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 07, 2025
Aug 07, 2025Board Meeting Intimation for Consideration And Approval The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30 2025.Aug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-AllotmentAug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-AllotmentJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 15, 2025
Jul 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 15, 2025
Jul 15, 2025Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 ITI Mid Cap Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| ITI Value Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% |
Technical Indicators
RSI(14)
Neutral 67.13
ATR(14)
Less Volatile 18.46
STOCH(9,6)
Neutral 65.12
STOCH RSI(14)
Overbought 97.26
MACD(12,26)
Bullish 6.45
ADX(14)
Weak Trend 21.22
UO(9)
Bearish 63.64
ROC(12)
Uptrend And Accelerating 8.77
WillR(14)
Overbought -8.89
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