Man Industries
375.35
+9.05(+2.47%)
Market Cap₹2,815.50 Cr
PE Ratio17.40
Company Performance:
1D+2.47%
1M-8.97%
6M+27.80%
1Y+10.40%
5Y+512.82%
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More news about Man Industries
28Jul 25
Man Industries Secures ₹255 Crore Through Preferential Share Allotment
Man Industries (India) Limited has successfully raised ₹255 crore through a preferential allotment of 77,74,383 equity shares to 25 non-promoter investors at ₹328 per share. Notable investor Ashish Kacholia participated, acquiring 914,634 shares for approximately ₹30 crore. The funds will be used for capital expenditure in Jammu and Saudi Arabia, strengthening the balance sheet, and supporting growth initiatives. The company's Managing Director, Nikhil Mansukhani, stated that this capital infusion demonstrates strong investor confidence in Man Industries' long-term growth prospects.
28Jul 25
Man Industries (India) Secures ₹255 Crore Through Strategic Share Allotment
Man Industries (India) Limited has successfully raised ₹255 crore through a preferential allotment of 77,74,383 shares at ₹328 per share to 25 non-promoter investors. Notable investor Ashish Kacholia received 9,14,634 shares. The funds will be used for capital expenditure in Jammu and Saudi Arabia expansions, strengthening the balance sheet, and fueling growth initiatives. The company's Managing Director, Nikhil Mansukhani, expressed confidence in the company's long-term growth trajectory.
05Jun 25
Man Industries' Unexecuted Order Book Surpasses Market Cap, Reaching ₹3,500 Crores
Man Industries (India) Limited has announced an unexecuted order book of ₹3,500 crores, exceeding its current market capitalization of ₹2,600 crores. This robust order book demonstrates the company's strong market position and indicates clear revenue visibility for upcoming quarters. The discrepancy between the order book value and market cap may attract investor attention and spark discussions about the company's valuation.
05Jun 25
Man Industries Secures ₹1,150 Crore International Pipe Supply Order
Man Industries (India) Limited has won a major international order worth ₹1,150 crore for supplying various types of pipes. The project is set to be completed within 6-12 months, boosting the company's total unexecuted order book to ₹3,500 crore. This contract win has led to a surge in the company's stock price, reaching a 10-month high. The order is expected to enhance Man Industries' market position, provide revenue visibility, and potentially open doors for further global opportunities.
02Jun 25
MAN Industries Approves ₹300 Crore Fund Raising and Share Allotment to Ashish Kacholia
MAN Industries (India) Limited has approved a ₹300 crore fund-raising through preferential allotment of convertible warrants and equity shares. The funds will support expansion projects in Jammu and Saudi Arabia, enhance working capital, and strengthen the balance sheet. An EGM is scheduled for June 25, 2025, for shareholder approval. Additionally, the company has allotted 9.10 lakh shares to investor Ashish Kacholia.
12May 25
MAN Industries Reports Record Q4 and FY25 Performance with 182.4% PAT Growth
MAN Industries, a leading manufacturer of large diameter carbon steel line pipes, has reported impressive financial results for Q4 and FY25. Q4 revenue increased by 50.30% to ₹1,218.50 crore, with PAT surging 182.40% to ₹68.10 crore. For FY25, revenue grew 11.60% to ₹3,505.40 crore, with PAT up 45.70%. The company enters FY26 with a strong order book of ₹2,500.00 crore and targets 20% revenue growth. Expansion projects in Saudi Arabia and Jammu are set to commence operations in Q3FY26.
02May 25
Man Industries Set for Global Expansion with Saudi Facility and Ambitious Growth Targets
Man Industries (India) Ltd announces major expansion plans including completion of a ₹650 crore facility in Saudi Arabia, aggressive revenue growth targets of 30-35% for FY26 and up to 40% for FY27, and significant capital expenditure of ₹500 crore for FY26. The company plans to enter hydrogen-capable pipe manufacturing and is setting up a 22,000-tonne stainless steel seamless pipe plant in Jammu.
03Apr 25
MAN Industries Secures Spot on Qatar Energy LNG's Approved Vendor List
MAN Industries (India) Limited has been included in Qatar Energy LNG's Approved Vendor List, opening up significant business opportunities in Qatar and potentially other international markets. This recognition validates the company's product quality, safety, and reliability standards, potentially enhancing its market access and competitive edge in the global oil and gas industry, particularly in Qatar's expanding LNG infrastructure projects.
01Apr 25
Man Industries Strikes ₹720-770 Crore Land Monetization Deal with Paradise Group
Man Industries has entered into a land monetization agreement with Paradise Group for its 6-acre property in Navi Mumbai, valued between ₹720-770 crore. The deal includes an upfront payment of ₹70 crore and allocation of 30% of the developed property to Man Industries, estimated at 4,50,000 sq. ft. with a potential value of ₹650-700 crore over 5-6 years. The transaction, executed through Man Industries' subsidiary Merino Shelters Private Limited, is expected to significantly boost the company's financial position.
Man Industries
375.35
+9.05
(+2.47%)
1 Year Returns:+10.40%
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