Earnings Call/Transcript
Man Industries Schedules Q2FY27 Earnings Call
Man Industries (India) Ltd will host an analyst and investor conference call on November 13, 2026, at 4:00 p.m. IST to discuss Q2FY27 and H1FY27 earnings.
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.


Bearish
4
Neutral
7
Bullish
3
Bearish
15
Neutral
7
Bullish
24
Bearish
11
Neutral
0
Bullish
21
Industrial Products
Iron & Steel Products
5,994 Cr
High Risk
29.3
30.9
0.5
2.9
1,039.80
302.30
Sales CAGR
Profit CAGR
ROE
ROCE
Upcoming Result Date: Nov 11, 2026
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
Man Industries (India) Ltd (MANINDS) is currently trading at 799.15 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
MAN Industries (India) Ltd is a manufacturer and exporter of large‑diameter carbon steel line pipes and coating systems, producing LSAW, HSAW and ERW pipes and offering external/internal coatings and concrete weight coating solutions to oil, gas, petrochemical, water and infrastructure clients from Indian plants and a newly acquired Saudi operating platform. In FY26 the company delivered material margin recovery and scale: consolidated revenue was near ₹3,560–3,590 crore with EBITDA of ₹4,679 million (c.13.0% margin), driven by a higher value‑added mix, improved utilization and one‑off benefits from strategic initiatives; Q1 FY27 already included 40 days of NPC contribution reflecting integration phasing. The May 2026 acquisition of National Pipe Company (NPC) for USD 102 million instantly added 430,000 MTPA, Aramco‑approved vendor status, US$83 million of cash on NPC’s balance sheet and an immediate US$120 million orderbook; management positions the deal as capital‑efficient market entry into Saudi Arabia and a clear earnings catalyst. A focused near‑term capital program includes a 4.0 million sq.m Dammam coating plant and a 22,000 MTPA Jammu stainless seamless pipe facility, both targeted for March 2027, alongside debottlenecking and relocation of spare capacity overseas to convert idle equipment into margin‑accretive revenue streams across high‑growth geographies. Non‑core asset monetization via Merino Shelters and a Joint Development Agreement with Paradise Group has already delivered an upfront Rs.70 crore and forecasts Rs.80–120 crore annual cashflow from FY28, providing liquidity optionality to support capex and leverage objectives while management targets 20–25% revenue CAGR and sustainable 15% EBITDA margins over five years.
Over the past 52 weeks, Man Industries (India) Ltd has traded between a low of ₹302.30 and a high of ₹1,039.80. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Man Industries (India) Ltd has a market capitalization of approximately 5,994.39. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Man Industries (India) Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 29.34 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 5,994.39 Cr, Man Industries (India) Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Man Industries (India) Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Man Industries (India) Ltd is 29.34. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The company has scheduled the Q1FY27 earnings conference call for August 12, 2026 at 4:00 PM IST.
Man Industries and its step-down subsidiary NPC have received new orders worth approximately ₹1,000 crore in total.
They won new orders worth about ₹1,000 crore in total, with Man Industries at about ₹300 crore and NPC at about ₹700 crore.
They won fresh orders worth about ₹1,000 crore in total, with Man Industries at about ₹300 crore and NPC at about ₹700 crore.
Earnings Call/Transcript
Man Industries (India) Ltd will host an analyst and investor conference call on November 13, 2026, at 4:00 p.m. IST to discuss Q2FY27 and H1FY27 earnings.
Board Meeting
Man Industries will consider unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the limited review report, on November 12, 2026.
