Man Industries (India) Ltd
MANINDSMan Industries (India) Ltd
MANINDS


Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
16.22 | 1.26 | 0.73% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
40.87 | 5.89 | 0.66% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Man Industries (India) Limited is engaged in the manufacturing and coating of large diameter carbon steel pipes, infrastructure, and realty and trading.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,459.03 | 1,132.87 | 1,664.32 | 2,242.37 | 1,775.83 | 2,110.99 | 2,175.71 | 2,270.37 | 3,194.23 | 3,148.25 | ||||||||||
Raw Materials | 1,035.15 | 821.77 | 1,351.36 | 1,599.95 | 1,266.74 | 1,482.67 | 1,611.01 | 1,689.63 | 2,530.74 | 2,858.95 | ||||||||||
Power & Fuel Cost | 17.65 | 19.07 | 30.08 | 43.45 | 26.21 | 31.36 | 28.91 | 27.18 | 43.36 | |||||||||||
Employee Cost | 43.78 | 46.35 | 46.28 | 56.04 | 55.92 | 54.89 | 54.12 | 59.94 | 68.81 | |||||||||||
Selling & Administrative Expenses | 83.61 | 73.29 | 93.39 | 145.25 | 133.18 | 216.15 | 126.76 | 117.53 | 246.00 | |||||||||||
Operating & Other expenses | 91.90 | 51.70 | -34.39 | 198.82 | 111.78 | 90.04 | 137.25 | 200.09 | 12.10 | |||||||||||
EBITDA | 186.94 | 120.69 | 177.60 | 198.86 | 182.00 | 235.88 | 217.66 | 176.00 | 293.22 | 289.30 | ||||||||||
Depreciation/Amortization | 37.10 | 40.07 | 39.21 | 45.93 | 52.32 | 46.38 | 45.40 | 45.50 | 61.09 | 50.19 | ||||||||||
PBIT | 149.84 | 80.62 | 138.39 | 152.93 | 129.68 | 189.50 | 172.26 | 130.50 | 232.13 | 239.11 | ||||||||||
Interest & Other Items | 56.49 | 36.32 | 43.03 | 64.49 | 64.42 | 52.80 | 37.30 | 41.03 | 87.83 | 89.50 | ||||||||||
PBT | 93.35 | 44.30 | 95.36 | 88.44 | 65.26 | 136.70 | 134.96 | 89.47 | 144.30 | 149.61 | ||||||||||
Taxes & Other Items | 6.87 | 10.74 | 31.68 | 29.60 | 9.75 | 35.85 | 33.39 | 22.41 | 39.16 | 40.45 | ||||||||||
Net Income | 86.48 | 33.56 | 63.68 | 58.84 | 55.51 | 100.85 | 101.57 | 67.06 | 105.14 | 109.16 | ||||||||||
EPS | 13.34 | 5.18 | 9.82 | 9.08 | 8.56 | 16.54 | 17.47 | 11.24 | 16.84 | 16.86 | ||||||||||
DPS | 1.32 | 1.32 | 1.32 | 1.32 | 0.88 | 2.00 | 0.00 | 2.00 | 2.00 | 0.00 | ||||||||||
Payout ratio | 0.10 | 0.26 | 0.13 | 0.15 | 0.10 | 0.12 | 0.00 | 0.18 | 0.12 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Man Industries (India) Ltd | 16.84 | 1.26 | 0.73% |
APL Apollo Tubes Ltd | 52.07 | 10.58 | 0.40% |
Astral Ltd | 67.43 | 11.27 | 0.27% |
Ratnamani Metals and Tubes Ltd | 28.58 | 5.53 | 0.55% |
Price Comparison
Compare MANINDS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
High Pledged Promoter Holding
A significant proportion of promoter holdings is pledged
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.02%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 2 Mutual Funds holding Man Industries (India) Ltd
Funds (Top 2) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.45% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 93/100 (-10) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -1.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/86 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateApr 28, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Apr 28, 2022
Cash Dividend
Ex DateEx DateNov 3, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Nov 3, 2020
Cash Dividend
Ex DateEx DateMar 19, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Mar 19, 2020
Cash Dividend
Ex DateEx DateSep 19, 2019
Dividend/Share
₹1.50
Ex DateEx Date
Sep 19, 2019
EBITDA improved by 6.6% to Rs 84.3 crore in Q3 FY25 from Rs 79.1 crore in Q3 FY24. EBITDA margin was 11.4% in Q3 FY25 as against 9.3% in Q3 FY24. The company stated that it has bagged new orders worth Rs 250 crore and with these, orderbook stands at Rs 2,900 crore. These orders are to be executed within the next 6 to 12 months. The company's current bid book stands at Rs 15,000 crore. Man Industries further stated that the Saudi and Jammu expansion programs are in full swing. Both projects are on track and likely to start production by Q3 FY26. It has successfully completed the ERW plant assessment by MECON for API 5L X 70 grade and company started exporting ERW pipes. Nikhil Mansukhani, managing director, MAN Industries (India), said: We are pleased to report a resilient quarter on profitability front despite decline in revenue amid delay in export shipments caused due to non-availability of vessels. We maintain our positive outlook for the financial year FY25, with a strong order book of approximately ~INR 29 bn slated for completion over the next 6 to 12 months and hence we maintain our full year revenue guidance of ~INR 33 bn. Our expansion plans for both H-SAW in Saudi and Stainless-Steel Seamless Tubes in Jammu are progressing as planned, and we are committed to meeting our objectives and fulfilling our obligations to all stakeholders.' Man Industries is a leading manufacturer and exporter of large-diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products, and potable water. Powered by Capital Market - Live
Net profit of Man Industries (India) rose 11.50% to Rs 34.12 crore in the quarter ended December 2024 as against Rs 30.60 crore during the previous quarter ended December 2023. Sales declined 12.13% to Rs 731.94 crore in the quarter ended December 2024 as against Rs 833.02 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales731.94833.02 -12 OPM %10.767.77 - PBDT58.1058.76 -1 PBT46.8643.23 8 NP34.1230.60 12 Powered by Capital Market - Live
Man Industries (India) has received an order of approximately Rs.250 crore. This order is expected to be delivered during the next 6 to 12 months. The total unexecuted order book as of today stands at approximately Rs.2900 crore. Powered by Capital Market - Live
Man Industries (India) will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live
The official announcement was made on 15 January 2025 after the market hours. Man Industries is a leading manufacturer and exporter of large-diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products, and potable water. The company's consolidated net profit slipped 18.4% to Rs 31.86 crore on a 20.8% decline in revenue from operations to Rs 806.23 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live
Man Industries (India) will hold a meeting of the Board of Directors of the Company on 18 January 2025.Powered by Capital Market - Live
Sanjay Kumar Agrawal will be relieved from his duties effective from the close of business hours on 8 January 2025. Man Industries is a leading manufacturer and exporter of large-diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products, and potable water. The company's consolidated net profit slipped 18.4% to Rs 31.86 crore on a 20.8% decline in revenue from operations to Rs 806.23 crore in Q2 FY25 over Q2 FY24. Shares of Man Industries (India) rallied 6.46% to end at Rs 349.40 on 8 January 2025.Powered by Capital Market - Live
Man Industries (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 December 2024 .Powered by Capital Market - Live
Man Industries (India) will hold a meeting of the Board of Directors of the Company on 21 November 2024Powered by Capital Market - Live
Man Industries is a leading manufacturer and exporter of large-diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products, and potable water. The company's consolidated net profit slipped 18.4% to Rs 31.86 crore on a 20.8% decline in revenue from operations to Rs 806.23 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.33%, vs industry avg of 13.98%
Decreasing Market Share
Over the last 5 years, market share decreased from 4.55% to 3.46%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 12.31%, vs industry avg of 21.77%