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Industrials · Iron & Steel Products

Man Industries (India) Ltd (MANINDS)

₹527.35

Mkt cap
₹4,269 Cr
P/E ratio
25.00
P/B
1.90
Div yield
0.00%
ROE
9.23%
ROCE
16.20%
EPS (TTM)
₹21.09
Book value
₹278
52W range
311–601
Sector
Industrials

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 513269www.mangroup.com
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−12.31% from high
₹527
₹311+69.81% from low₹601
Current
₹527.35
Prev close
₹526.55
Day
+0.15%
Price performance
1D
+0.15%
1W
−1.57%
1M
−7.34%
3M
−4.27%
6M
+61.64%
1Y
+26.10%
YTD
+33.02%

Financials

F
Revenue, profit & margin
P/E ratio
25.0×
MANINDS is 11% above the sector median of 22.4×
MANINDS25.0×
Sector median22.4×
 Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales5984901,0188338117498067321,2187428348301,157
Expenses5574449487687527117426531,0976937137031,018
Operating Profit414770655838647912149121128140
OPM %7%10%7%8%7%5%8%11%10%7%15%15%12%
Other Income114211414201161531-1988
Interest6212220251821263530303852
Depreciation11151516151311111113222123
Profit before tax34145443322843479138497673
Tax %12%22%28%29%26%31%26%27%25%28%25%28%30%
Net Profit30113931241932346828375551
EPS in Rs4.961.876.505.093.732.944.925.2710.534.114.937.346.78
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

No reaction history yet.
No quarterly filings ingested yet.

Corporate actions

CLast 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

Sas of Mar 2026
43.21%Promoter
Promoters43.21%
FIIs2.41%0.94
DIIs1.34%0.08
Public53.03%0.85
Ownership trend

Peers

P8 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
APL Apollo Tubes₹1,793.5041.3949,7980.32%354+20.89%6,269+13.81%31.64%
Welspun Corp₹1,455.1023.8238,3840.34%371+19.76%4,313+9.87%22.89%
Shyam Metalics₹945.7524.6726,3990.48%312+45.87%5,240+26.60%13.01%
Ratnamani Metals₹2,647.1037.8918,5540.53%116−52.04%1,085−36.75%17.92%
Godawari Power₹265.4021.9417,8640.38%280+32.53%1,610+9.69%20.37%
Gallantt Ispat L₹711.1535.4317,1590.18%123+5.61%1,205+12.37%18.23%
Jindal Saw₹260.7216.9516,6730.77%124−52.13%4,633−8.19%10.43%
Man Industries₹569.1525.044,2690.00%51−25.39%1,157−5.02%16.21%
Median: 84 Co.₹162.9522.441,0190.00%14+22.32%232+9.69%13.60%

Filings

D
Annual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011nse
Concall transcripts70
RECPPTTranscriptPPTPPTTranscriptPPTTranscriptPPTRECTranscriptPPTRECTranscriptPPTRECTranscriptPPTTranscriptPPTTranscriptTranscriptRECPPT
Credit ratings6
Rating update 1 JuncrisilRating update 2 JancrisilRating update 10 Oct 2025crisilRating update 28 Mar 2025crisilRating update 24 Sep 2024crisilRating update 23 Feb 2024crisil
Announcements5
Closure of Trading Window 24 JunAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 JunAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Jun - Man Industries and NPC win new pipe orders worth about Rs.1,000 crore, deliverable in 6-9 months.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 JunRumour verification - Regulation 30(11) 8 Jun - Company denies any undisclosed material event behind recent share price and volume movement.