Man Industries (India) Limited announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, showcasing strong operational performance across key financial metrics. The Board of Directors approved these results at their meeting held on February 9, 2026, along with releasing comprehensive earnings presentation highlighting strategic expansion initiatives.

Standalone Financial Performance

The company delivered impressive standalone results for Q3FY26, demonstrating robust growth across revenue and profitability parameters.

The revenue growth was driven by increased operational efficiency and market demand for steel products. Total expenses for the quarter stood at ₹73,528 lakhs compared to ₹69,523 lakhs in the previous year, reflecting controlled cost management despite inflationary pressures.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, Man Industries maintained consistent growth momentum with revenue from operations reaching ₹2,29,828 lakhs compared to ₹2,26,777 lakhs in the corresponding period last year.

Consolidated Results Overview

On a consolidated basis, the company reported revenue from operations of ₹83,038 lakhs for Q3FY26 compared to ₹73,194 lakhs in Q3FY25, representing growth of 13.40%. Consolidated net profit attributable to owners stood at ₹5,504 lakhs versus ₹3,412 lakhs in the previous year quarter.

Strategic Expansion Initiatives

The earnings presentation revealed significant strategic expansion plans across two key locations. The company is establishing a H-SAW pipes facility in Saudi Arabia with 3,00,000 MTPA capacity and project cost of INR 6 billion, targeting Q1-FY27 commercialization. Additionally, a stainless steel seamless pipes facility in Jammu with 22,000 MTPA capacity and INR 5.9 billion project cost is planned for Q2-FY27 commercialization.

Operational Highlights

The company operates primarily in the steel pipes segment and maintains a strong order book position of approximately ₹4,005 crores to be executed within 6 to 12 months. This substantial order book provides revenue visibility and reflects the company's strong market position in the steel products industry.

With over 3 decades of presence in the pipe industry, the company operates 2 state-of-art manufacturing facilities with 6 production lines and total installed capacity of 1.2 Million+ MTPA. The facilities are strategically located to cater to both domestic and export markets.

Manufacturing Capabilities

The company's manufacturing facilities span across Anjar, Gujarat and Pithampur, Madhya Pradesh, covering approximately 182 acres. Both facilities are certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, producing LSAW, HSAW, and ERW pipes with stringent quality control processes.

Finance costs included interest on bill discounting and buyers/suppliers credit of ₹1,133 lakhs for the quarter and ₹3,311 lakhs for nine months ended December 31, 2025. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors A. Sachdev & Co. providing limited review reports for both standalone and consolidated results.

Man Industries (India) Limited has scheduled a board meeting for February 9, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The announcement was made through a formal intimation to stock exchanges on January 31, 2026.

Meeting Details and Agenda

The board meeting is scheduled to take place on Monday, February 9, 2026, with the primary agenda being the consideration and approval of unaudited financial results for the quarter ended December 31, 2025. The meeting will cover both standalone and consolidated financial results, providing a comprehensive view of the company's performance during the third quarter.

Regulatory Compliance

The announcement was made in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

The formal intimation was sent to both major Indian stock exchanges:

• BSE Limited (Scrip Code: 513269)
• National Stock Exchange of India Ltd (Scrip ID: MANINDS)

Company Secretary Communication

The official communication was signed by Rahul Rawat, Company Secretary of Man Industries (India) Limited. The intimation letter was addressed to both stock exchanges on January 31, 2026, ensuring compliance with regulatory timelines for advance notice of board meetings.

The meeting will also include consideration of the Limited Review Report accompanying the financial results, which provides additional assurance on the unaudited financial statements for the quarter ended December 31, 2025.