MAN Industries: FY26 margin step-up meets a Saudi growth platform
Frequently Asked Questions
The presentation describes MAN Industries as a large-diameter line pipe manufacturer offering LSAW, HSAW and ERW pipes, along with coating systems and concrete weight coating for pipeline projects.
The deck states India pipe capacity of over 1.2 million metric tonnes per annum across Anjar and Pithampur, and an acquired 430,000 metric tonnes per annum capacity in Saudi Arabia through NPC.
The deck states production targeted in March 2027 for the Dammam coating plant in Saudi Arabia and production starting March 2027 for the Jammu stainless steel seamless pipe plant.
The FY26 consolidated table shows revenue from operations of INR 3,563.9 crore, EBITDA of INR 467.9 crore and PAT of INR 170.5 crore.
The deck states the acquisition consideration as USD 102 million, financed by USD 70 million debt and USD 32 million equity, executed through a wholly owned Saudi subsidiary.
For CY2025, the NPC slide shows revenue of USD 211.4 million, EBITDA of USD 52.5 million and PAT of USD 38.3 million, and it shows total cash and liquid assets of USD 83.0 million as of April 2026 with zero debt.
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