Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stockGet 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.
Dashboard
Portfolio
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
MAN Industries (India) Ltd is a leading Indian manufacturer and exporter of large-diameter carbon steel line pipes (LSAW, HSAW, ERW) and anti-corrosion coating systems, operating two state-of-the-art plants in Anjar (Gujarat) and Pithampur (Madhya Pradesh) with combined installed capacity above 1.2 million MTPA and a global footprint across 30+ countries.
Q3 and 9M FY26 showed strong operational leverage: consolidated 9M revenue of INR 2,427 crore, EBITDA margin expanded to 13.12% (9M) and Q3 EBITDA margin reached 16.22%, with consolidated PAT up ~41% year-on-year for 9M, driven by favorable product mix, higher export contribution and disciplined cost control.
Management is rapidly scaling international presence via a Saudi H-SAW plant (300,000 MTPA, expected commercial Q1 FY27) and a Jammu stainless seamless project (22,000 MTPA, incentives-backed), with remaining capex of ~INR 350–400 crore and an explicit plan to monetize real estate proceeds and use free cash for debt reduction.
The company carries a strong export orientation with 83% of its order book from overseas markets, an executable order book of ~INR 4,000 crore, and a bid pipeline of ~INR 11,500 crore, positioning MAN Industries to capture MENA and global water, O&G and infrastructure demand while sustaining higher margins through value-added products.
Industrial Products
Iron & Steel Products
4,339 Cr
High Risk
25.5
37.8
0.4
2.1
625.20
302.30
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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 590.85 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 leading Indian manufacturer and exporter of large-diameter carbon steel line pipes (LSAW, HSAW, ERW) and anti-corrosion coating systems, operating two state-of-the-art plants in Anjar (Gujarat) and Pithampur (Madhya Pradesh) with combined installed capacity above 1.2 million MTPA and a global footprint across 30+ countries. Q3 and 9M FY26 showed strong operational leverage: consolidated 9M revenue of INR 2,427 crore, EBITDA margin expanded to 13.12% (9M) and Q3 EBITDA margin reached 16.22%, with consolidated PAT up ~41% year-on-year for 9M, driven by favorable product mix, higher export contribution and disciplined cost control. Management is rapidly scaling international presence via a Saudi H-SAW plant (300,000 MTPA, expected commercial Q1 FY27) and a Jammu stainless seamless project (22,000 MTPA, incentives-backed), with remaining capex of ~INR 350–400 crore and an explicit plan to monetize real estate proceeds and use free cash for debt reduction. The company carries a strong export orientation with 83% of its order book from overseas markets, an executable order book of ~INR 4,000 crore, and a bid pipeline of ~INR 11,500 crore, positioning MAN Industries to capture MENA and global water, O&G and infrastructure demand while sustaining higher margins through value-added products.
Over the past 52 weeks, Man Industries (India) Ltd has traded between a low of ₹302.30 and a high of ₹625.20. 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 4,409.81. 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 25.87 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 4,409.81 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 25.87. 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.
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.
Revenue from operations was Rs 742.1 crore, EBITDA was Rs 80.6 crore with a 10.4% margin, and PAT was Rs 27.6 crore (EPS Rs 4.1).
Discovery themes featuring this stock
Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q1 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Bearish
5
Neutral
5
Bullish
4
Bearish
10
Neutral
5
Bullish
31
Bearish
5
Neutral
0
Bullish
27
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
83.13 | 5,018 Cr | 31.09 | 0.85 | 1.11 | 3.20 | 4.97 | 1.71 | ||
308.15 | 4,803 Cr | 29.84 | 3.36 | 0.00 | 11.25 | 13.04 | 6.39 | ||
1482.55 | 4,719 Cr | 26.11 | 3.16 | 0.21 | 12.12 | 13.46 | 5.99 | ||
600.45 | 4,410 Cr | 25.87 | 2.11 | 0.00 | 8.17 | 14.30 | 3.40 | ||
743.05 | 4,308 Cr | 44.94 | 8.95 | 0.53 | 19.91 | 23.82 | 15.07 | ||
58.37 | 3,850 Cr | 169.82 | 8.43 | 0.00 | 4.97 | 9.80 | 2.60 | ||
824.55 | 3,616 Cr | 14.02 | 1.72 | 1.21 | 12.25 | 13.51 | 8.61 | ||
| Median: 7 Co. | — | 600.45 | 4,410 Cr | 29.84 | 3.16 | 0.21 | 11.25 | 13.46 | 5.99 |
New Order Award
Man Industries and its Saudi step-down subsidiary NPC received new orders totalling approx. Rs.1,000 crore (Rs.300cr domestic, Rs.700cr NPC) to be executed within 6–9 months; consolidated unexecuted order book ~Rs.4,100cr.
New Orders
Man Industries (India) and its Saudi step‑down subsidiary National Pipe Company received new pipe orders of ~Rs.300 Cr and ~Rs.700 Cr respectively (total ~Rs.1,000 Cr), to be executed in 6–9 months; consolidated unexecuted order book ~Rs.4,100 Cr.
