Man Industries (India) Ltd (MANINDS)
₹725.70
Mkt cap
₹5,443 Cr
P/E ratio
26.60
P/B
2.61
Div yield
0.00%
ROE
9.18%
ROCE
16.20%
EPS (TTM)
₹27.28
Book value
₹278
52W range
302–1,040
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
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−30.20% from high₹726
₹302+140.26% from low₹1,040
Current
₹725.70
Prev close
₹802.45
Day
−9.56%
Price performance
1D
−10.01%
1W
−3.16%
1M
−24.75%
3M
+36.40%
6M
+38.31%
1Y
+77.14%
YTD
+83.05%
Financials
Revenue, profit & margin
P/E ratio
26.6×
MANINDS is 28% above the sector median of 20.9×
MANINDS26.6×
Sector median20.9×
| 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 | +72.21% |
| 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 Sep 202643.21%Promoter
Promoters43.21%
FIIs3.49%0.62
DIIs1.17%0.26
Public52.12%0.36
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 |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 28.90 | 32,460 | 0.39% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Man Industries | ₹725.70 | 26.64 | 5,443 | 0.00% | 61 | +122.41% | 1,053 | +41.91% | 16.18% |
| Median: 89 Co. | ₹162.40 | 20.86 | 950 | 0.00% | 17 | +28.15% | 232 | +17.12% | 13.62% |
Filings
Annual reports15
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
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct - We are enclosing herewith the Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 received from MUFG Intime India Private Limited, RTA of the Company, …Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 SepShareholder Meeting / Postal Ballot-Outcome of AGM 25 SepAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 SepClosure of Trading Window 24 Sep - Trading window closed from October 1, 2026 until 48 hours after Q2 results approval.