Man Industries (India) Limited
NSE: MANINDSMarket Closed • NSE
Day range
52 week range
Man Industries (India) Limited closed at INR865.35 (+2.31%) on volume 0.24x its 20-day average, trading 16.77% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved +19.6% QoQ
2024-09-19
AGM Announced
Annual General Meeting
2023-09-14
AGM Announced
Annual General Meeting
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Strong Capital Efficiency: ROCE stands at 16.2%
Low Debt Profile: Debt-to-Equity is comfortable at 0.30x
High Cash Flow Conversion: CFO/PAT averaged 2.15x over last 3 years
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| — | Annual General Meeting | Annual General Meeting | — | 19 Sept 2024 |
| — | Annual General Meeting | Annual General Meeting | — | 14 Sept 2023 |
| 16 Aug 2023 | Dividend | ₹2.00 / share | — | 14 Aug 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2022 |
| 29 Apr 2022 | Dividend | ₹2.00 / share | — | 28 Apr 2022 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2021 |
| 04 Nov 2020 | Dividend | ₹2.00 / share | — | 03 Nov 2020 |
| 25 Sept 2020 | Demerger | Demerger | — | 24 Sept 2020 |
| — | Annual General Meeting | Annual General Meeting | — | 22 Sept 2020 |
| 21 Mar 2020 | Dividend | ₹1.00 / share | — | 19 Mar 2020 |
| — | Dividend | ₹1.50 / share | — | 19 Sept 2019 |
| — | Dividend | ₹1.50 / share | — | 19 Sept 2018 |
| — | Dividend | ₹1.50 / share | — | 19 Sept 2017 |
| — | Dividend | ₹1.50 / share | — | 15 Sept 2016 |
| — | Dividend | ₹1.50 / share | — | 18 Dec 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.21L | 37.59 | 2.21% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.97L | 12.05 | 0.59% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.28L | 13.37 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 46.94 | 1.17% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.19L | 19.83 | 2.27% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.02L | 12.32 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.98L | 34.82 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.93 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
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.
IndiaBasic Materials
Is Man Industries (India) Limited Shariah compliant?
Man Industries (India) Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (9.67%) complies with AAOIFI threshold (≤ 33%).
What is Man Industries (India) Limited's current valuation relative to peers?
Man Industries (India) Limited trades at a P/E of 31.8x compared to the sector median of 21.9x, and a Price-to-Book of 3.0x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.30x. Interest coverage is 2.4x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 2.7% while net profit growth averaged 10.1%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.