Man Industries (India) Ltd (MANINDS)
₹819.40
Mkt cap
₹5,915 Cr
P/E ratio
29.00
P/B
2.95
Div yield
0.00%
ROE
9.23%
ROCE
16.20%
EPS (TTM)
₹28.26
Book value
₹278
52W range
311–822
Sector
Industrials
Price history
Previous close
Man Industries Ltd. is one of the largest Manufacturers and Exporters of LSAW and HSAW pipes in India with a total installed capacity of 1 million tonnes. The company is among leading manufacturer of large diameter pipes with 3 Decades of presence in Pipe Industry.
NSE MANINDSBSE 513269
Health check
Mixed
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsBullish
52-week range
−0.32% from high₹819
₹311+163.85% from low₹822
Current
₹819.40
Prev close
₹788.55
Day
+3.91%
Price performance
1D
+4.24%
1W
+9.17%
1M
+48.09%
3M
+58.35%
6M
+103.06%
1Y
+112.16%
YTD
+106.68%
Financials
Revenue, profit & margin
P/E ratio
29.0×
MANINDS is 33% above the sector median of 21.9×
MANINDS29.0×
Sector median21.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 490 | 1,018 | 833 | 811 | 749 | 806 | 732 | 1,218 | 742 | 834 | 830 | 1,157 | 1,053 | |
| Expenses | 444 | 948 | 768 | 752 | 711 | 742 | 653 | 1,097 | 693 | 713 | 703 | 1,018 | 910 | |
| Operating Profit | 47 | 70 | 65 | 58 | 38 | 64 | 79 | 121 | 49 | 121 | 128 | 140 | 143 | |
| OPM % | 10% | 7% | 8% | 7% | 5% | 8% | 11% | 10% | 7% | 15% | 15% | 12% | 14% | |
| Other Income | 4 | 21 | 14 | 14 | 20 | 11 | 6 | 15 | 31 | -19 | 8 | 8 | 12 | |
| Interest | 21 | 22 | 20 | 25 | 18 | 21 | 26 | 35 | 30 | 30 | 38 | 52 | 40 | |
| Depreciation | 15 | 15 | 16 | 15 | 13 | 11 | 11 | 11 | 13 | 22 | 21 | 23 | 30 | |
| Profit before tax | 14 | 54 | 43 | 32 | 28 | 43 | 47 | 91 | 38 | 49 | 76 | 73 | 85 | |
| Tax % | 22% | 28% | 29% | 26% | 31% | 26% | 27% | 25% | 28% | 25% | 28% | 30% | 28% | |
| Net Profit | 11 | 39 | 31 | 24 | 19 | 32 | 34 | 68 | 28 | 37 | 55 | 51 | 61 | |
| EPS in Rs | 1.87 | 6.50 | 5.09 | 3.73 | 2.94 | 4.92 | 5.27 | 10.53 | 4.11 | 4.93 | 7.34 | 6.78 | 8.19 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +7.07% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 11 Aug '26◦ |
| Earnings day | +7.07% |
| +1 day | +3.05% |
| +5 days | +15.02% |
| +15 days | +33.22% |
| +30 days | — |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202643.21%Promoter
Promoters43.21%
FIIs2.87%0.46
DIIs1.43%0.09
Public52.48%0.55
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹2,590.60 | 29.59 | 68,338 | 0.19% | 1,048 | +198.64% | 4,081 | +14.91% | 22.89% |
| APLAPOLLO | ₹2,250.00 | 50.83 | 62,473 | 0.38% | 263 | +10.94% | 5,607 | +8.45% | 31.75% |
| SHYAMMETL | ₹1,065.30 | 26.48 | 29,736 | 0.42% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| JINDALSAW | ₹305.30 | 29.88 | 19,524 | 0.66% | 91 | −75.43% | 4,452 | +9.00% | 10.43% |
| RATNAMANI | ₹2,727.00 | 43.56 | 19,114 | 0.37% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| GPIL | ₹240.67 | 19.77 | 16,203 | 0.42% | 222 | +2.68% | 1,750 | +32.29% | 20.53% |
| USHAMART | ₹514.15 | 28.75 | 15,668 | 0.73% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| MANINDS | ₹788.55 | 28.95 | 5,915 | 0.00% | 61 | +122.41% | 1,053 | +41.91% | 16.21% |
| Median: 86 Co. | ₹161.26 | 21.86 | 1,109 | 0.00% | 15 | +30.45% | 223 | +16.27% | 12.98% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts74
TranscriptSep 2026PPTSep 2026RECSep 2026PPTAug 2026TranscriptJun 2026PPTJun 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptMar 2025PPTMar 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025PPTJan 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 SepBusiness Responsibility and Sustainability Reporting (BRSR) 2 Sep - Man Industries filed FY2025-26 BRSR in its 38th Annual Report; disclosed SEBI ₹1 crore penalty stayed by SAT.Reg. 34 (1) Annual Report. 2 Sep38Th Annual General Meeting And Book Closure 2 Sep - 38th AGM on September 25, 2026; book closure September 18-25, 2026.Announcement under Regulation 30 (LODR)-Investor Presentation 1 Sep







