MANINDS - Man Industries (India) Ltd Share Price

Industrial Products

Sharesguru Stock Score

MANINDS

49/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹822.50+3.10(+0.38%)

Market Closed as of Sep 8, 2026, 15:29 IST

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Pros

Size: Market Cap wise it is among the top 20% companies of india.

Balance Sheet: Reasonably good balance sheet.

Past Returns: Outperforming stock! In past three years, the stock has provided 66.8% return compared to 6.9% by NIFTY 50.

Momentum: Stock price has a strong positive momentum. Stock is up 47.9% in last 30 days.

Cons

Dilution: Company has a tendency to dilute it's stock investors.

Dividend: Stock hasn't been paying any dividend.

Smart Money: Smart money looks to be reducing their stake in the stock.

Valuation
Market Cap	5.91 kCr
Price/Earnings (Trailing)	28.51
Price/Sales (Trailing)	1.52
EV/EBITDA	11.51
Price/Free Cashflow	44.82
MarketCap/EBT	20.82
Enterprise Value	6.23 kCr

Fundamentals
Revenue (TTM)	3.88 kCr
Rev. Growth (Yr)	37.7%
Earnings (TTM)	204.32 Cr
Earnings Growth (Yr)	122.6%

Profitability
Operating Margin	7%
EBT Margin	7%
Return on Equity	9.79%
Return on Assets	4.07%
Free Cashflow Yield	2.23%

Growth & Returns
Price Change 1W	2.6%
Price Change 1M	47.9%
Price Change 6M	94.3%
Price Change 1Y	90.2%
3Y Cumulative Return	66.8%
5Y Cumulative Return	46.7%
7Y Cumulative Return	52.6%
10Y Cumulative Return	30.7%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-593.93 Cr
Cash Flow from Operations (TTM)	472.23 Cr
Cash Flow from Financing (TTM)	135.99 Cr
Cash & Equivalents	189.2 Cr
Free Cash Flow (TTM)	131.96 Cr
Free Cash Flow/Share (TTM)	17.59

Balance Sheet
Total Assets	5.02 kCr
Total Liabilities	2.93 kCr
Shareholder Equity	2.09 kCr
Current Assets	3.53 kCr
Current Liabilities	2.6 kCr
Net PPE	654.57 Cr
Inventory	1.53 kCr
Goodwill	207.76 Cr

Capital Structure & Leverage
Debt Ratio	0.1
Debt/Equity	0.24
Interest Coverage	0.77
Interest/Cashflow Ops	3.94

Technical Indicators
RSI (14d)	79.47
RSI (5d)	60.56
RSI (21d)	79.35
MACD Signal	Buy
Stochastic Oscillator Signal	Sell
SharesGuru Signal	Buy
RSI Signal	Sell
RSI5 Signal	Hold
RSI21 Signal	Sell
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Buy
SMA 50 Signal	Buy
SMA 100 Signal	Buy

Shareholder Name	Holding %
Rameshchandra Mansukhani	15%
Man Finance Private Limited	11.96%
Heena Vinay Kalantri	6.48%
Nikhil Mansukhani	4.78%
Ashish Kacholia	3.04%
Suresh Kumar Agarwal	3.04%
Man Global Limited	2.46%
Deepadevi Rameshchandra Mansukhani	2.41%
Vikas Vijaykumar Khemani	2.39%
Hiten Dilip Bhatia	1.41%
The Court Receiver High Court Bombay(Com Arb Pet No 31/2020)	1.29%
B Arunkumar Capital And Credit Services Pvt Ltd	1.26%
Anil Laxmichand Shah	1.04%
Carnelian Structural Shift Fund	1.02%
Rameshchandra Mansukhani (HUF)	0.1%
Jagdishchandra Jhamaklal Mansukhani (Refer note)	0.02%
Anita Jagdish Mansukhani (Refer note)	0.01%
Priyal Mansukhani (Refer note)	0%
Man Tubinox Limited (Refer note)	0%
Jpa Solutions Private Limited (Refer note)	0%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
WELCORP	Welspun Corp	68.34 kCr	17.46 kCr	+44.90%	+205.90%	29.58	3.91	-	-
APLAPOLLO	APL Apollo Tubes	62.47 kCr	23.02 kCr	+15.50%	+34.50%	50.82	2.71	-	-
JINDALSAW	Jindal Saw	19.52 kCr	18.36 kCr	+15.00%	+48.60%	29.79	1.06	-	-
RATNAMANI	Ratnamani Metals & Tubes	19.11 kCr	4.42 kCr	+14.50%	+13.00%	44.15	4.32	-	-
MAHSEAMLES	Maharashtra Seamless	9.22 kCr	5.02 kCr	+18.10%	+6.40%	12.51	1.84	-	-

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	1.7%	3,564	3,505	3,142	2,231	2,139	2,080
Other Income	-45.1%	29	52	52	40	37	31
Total Income	1%	3,592	3,557	3,194	2,271	2,176	2,111
Cost of Materials	-5.1%	2,217	2,336	2,487	1,456	1,535	1,283
Purchases of stock-in-trade	13.6%	293	258	43	233	63	181
Employee Expense	19.7%	92	77	69	60	54	55
Finance costs	52.5%	152	100	88	41	37	53
Depreciation and Amortization	77.3%	79	45	61	45	45	46
Other expenses	105.4%	804	392	429	261	321	416
Total Expenses	0.2%	3,356	3,349	3,050	2,181	2,041	1,974
Profit Before exceptional items and Tax	14%	237	208	144	90	135	137
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	14%	237	208	144	90	135	137
Current tax	28.8%	68	53	37	21	36	37
Deferred tax	-413.1%	-1.63	1.84	1.67	1.53	-2.89	-1.17
Total tax	20.4%	66	55	39	22	33	36
Total profit (loss) for period	11.2%	170	153	105	68	102	101
Other comp. income net of taxes	197%	13	5.04	1.27	3.43	-4.4	-2.62
Total Comprehensive Income	15.9%	183	158	106	71	97	98
Earnings Per Share, Basic	0%	23.65	23.66	17.42	11.33	17.78	17.66
Earnings Per Share, Diluted	2.2%	23.26	22.78	16.73	11.33	17.52	16.78

Description	(%) Q/Q	Jun-2026	Mar-2026	Dec-2025	Sep-2025	Jun-2025	Mar-2025
Revenue From Operations	-9%	1,053	1,157	830	834	742	1,218
Other Income	52.6%	12	8.21	8.34	-19.29	31	15
Total Income	-8.7%	1,065	1,166	839	815	774	1,234
Cost of Materials	-24.3%	502	663	736	303	515	661
Purchases of stock-in-trade	291.9%	1.71	0.63	0	177	115	12
Employee Expense	25%	36	29	23	20	20	21
Finance costs	-23.5%	40	52	38	30	30	35
Depreciation and Amortization	31.8%	30	23	21	22	13	11
Other expenses	-57.7%	191	450	182	91	83	102
Total Expenses	-10.4%	979	1,093	762	765	735	1,143
Profit Before exceptional items and Tax	16.7%	85	73	76	49	38	91
Total profit before tax	16.7%	85	73	76	49	38	91
Current tax	0%	29	29	20	10	9	24
Deferred tax	20.5%	-4.94	-6.47	1.25	1.95	1.64	-0.59
Total tax	9.5%	24	22	21	12	11	23
Total profit (loss) for period	20%	61	51	55	37	28	68
Other comp. income net of taxes	-206.3%	-9.63	11	3.48	0.86	-1.85	4.45
Total Comprehensive Income	-15%	52	61	59	38	26	73
Earnings Per Share, Basic	19.8%	8.19	7	7.64	4.83	4.13	9.15
Earnings Per Share, Diluted	17.7%	8.06	7	7.51	4.68	4.13	8.82

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	10.8%	3,455	3,118	3,080	2,092	2,094	2,075
Other Income	-38.8%	53	86	66	40	37	31
Total Income	9.5%	3,508	3,204	3,146	2,133	2,131	2,106
Cost of Materials	-8.4%	2,133	2,328	2,442	1,456	1,492	1,283
Purchases of stock-in-trade	13.6%	293	258	46	98	63	177
Employee Expense	11.1%	81	73	67	58	53	54
Finance costs	56.1%	154	99	87	41	37	53
Depreciation and Amortization	78.6%	76	43	60	45	45	46
Other expenses	103.9%	790	388	429	260	321	417
Total Expenses	7.5%	3,245	3,019	2,998	2,043	1,997	1,969
Profit Before exceptional items and Tax	41.6%	263	186	149	90	135	136
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	41.6%	263	186	149	90	135	136
Current tax	44.4%	66	46	37	21	36	37
Deferred tax	-114.6%	0.74	2.78	1.34	1.53	-2.89	-1.17
Total tax	40.4%	67	48	39	22	33	36
Total profit (loss) for period	43.4%	196	137	110	67	101	101
Other comp. income net of taxes	212.5%	12	4.52	1.19	4.82	-4.14	-2.62
Total Comprehensive Income	46.1%	207	142	111	72	97	98
Earnings Per Share, Basic	29.7%	27.17	21.18	18.19	11.21	17.72	17.62
Earnings Per Share, Diluted	32.6%	26.72	20.39	17.46	11.21	17.46	16.74

Description	(%) Q/Q	Jun-2026	Mar-2026	Dec-2025	Sep-2025	Jun-2025	Mar-2025
Revenue From Operations	-12.7%	1,010	1,157	804	782	713	850
Other Income	0%	18	18	13	-12.84	35	37
Total Income	-12.5%	1,028	1,175	817	769	748	888
Cost of Materials	-27.8%	484	670	715	253	494	667
Purchases of stock-in-trade	-	1.71	0	0	177	115	12
Employee Expense	-16.7%	21	25	20	18	18	19
Finance costs	-42.6%	32	55	38	30	30	35
Depreciation and Amortization	-4.8%	21	22	20	21	12	10
Other expenses	-57.6%	184	433	180	98	80	98
Total Expenses	-14.5%	924	1,080	735	721	709	831
Profit Before exceptional items and Tax	9.6%	104	95	82	48	39	57
Total profit before tax	9.6%	104	95	82	48	39	57
Current tax	7.7%	29	27	20	10	9	16
Deferred tax	0.8%	-2.51	-2.54	0.83	1.61	0.84	0.64
Total tax	8.7%	26	24	21	12	9.84	17
Total profit (loss) for period	11.6%	78	70	61	36	29	40
Other comp. income net of taxes	-114.7%	-0.32	10	3.18	-0.05	-1.84	3.92
Total Comprehensive Income	-2.5%	78	80	64	36	27	44
Earnings Per Share, Basic	7.4%	10.39	9.74	8.45	4.62	4.36	6.32
Earnings Per Share, Diluted	7.6%	10.23	9.58	8.31	4.47	4.36	6.09

Description	(%) Q/Q	Mar-2026	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	157.5%	189	74	245	67	189	114
Current investments	180%	71	26	26	105	228	30
Loans, current	2338.8%	16	0.33	0.18	4.5	2.15	1.94
Total current financial assets	-7.8%	1,773	1,923	1,311	903	851	761
Inventories	63.9%	1,535	937	1,269	1,108	646	697
Current tax assets	-	0	-	0	0	0	0
Total current assets	23.5%	3,533	2,860	2,751	2,136	1,598	1,566
Property, plant and equipment	14.7%	655	571	572	538	540	511
Capital work-in-progress	128.9%	326	143	133	33	31	53
Investment property	-	-	1.43	1.43	1.43	1.43	1.7
Goodwill	204.4%	208	69	69	67	64	62
Non-current investments	-	1.43	0	0	0	0	0
Total non-current financial assets	-9%	255	280	150	102	114	96
Total non-current assets	25.1%	1,488	1,190	1,029	923	818	772
Total assets	-	-	-	3,779	-	-	-
Total assets	-	-	-	3,779	-	-	-
Total assets	24%	5,021	4,050	3,779	3,059	2,415	2,338
Borrowings, non-current	0.4%	240	239	138	164	136	142
Total non-current financial liabilities	26.1%	301	239	154	179	150	156
Provisions, non-current	136.6%	4.1	2.31	1.64	0	0.54	1.8
Total non-current liabilities	-2.3%	337	345	187	209	180	186
Borrowings, current	24%	259	209	317	36	172	47
Total current financial liabilities	72.4%	1,990	1,155	1,555	1,339	706	966
Provisions, current	116.7%	1.06	0.64	1.09	9.81	6.85	5.63
Current tax liabilities	62.5%	27	17	2.08	0.15	5.4	5.86
Total current liabilities	49.4%	2,597	1,739	1,985	1,390	830	980
Total liabilities	-	-	-	2,172	-	-	-
Total liabilities	-	-	-	2,172	-	-	-
Total liabilities	40.8%	2,934	2,084	2,172	1,599	1,010	1,166
Equity share capital	0%	38	38	32	32	32	30
Total equity	6.1%	2,087	1,967	1,607	1,460	1,405	1,172
Total equity and liabilities	24%	5,021	4,050	3,779	3,059	2,415	2,338

Dividend & Shareholder Returns
Shares Dilution (1Y)	11.6%
Shares Dilution (3Y)	24.8%

Investor Care
Shares Dilution (1Y)	11.6%
Earnings/Share (TTM)	27.66

Description	(%) Q/Q	Mar-2026	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	25.8%	79	63	159	66	161	109
Current investments	187.5%	70	25	18	100	223	26
Loans, current	-77%	47	201	137	195	179	125
Total current financial assets	-18%	1,645	2,007	1,425	1,066	981	864
Inventories	97.6%	1,212	614	932	813	352	400
Current tax assets	-	0	-	0	0	0	0
Total current assets	15.9%	3,038	2,621	2,513	1,992	1,414	1,367
Property, plant and equipment	16.8%	571	489	499	488	504	486
Capital work-in-progress	-75.2%	26	102	94	29	31	40
Goodwill	18913.6%	112	0.41	0	0	0	0
Non-current investments	1%	201	199	197	197	145	136
Loans, non-current	202.9%	316	105	12	0	0	0
Total non-current financial assets	63.9%	796	486	359	351	258	303
Total non-current assets	28.2%	1,507	1,176	959	955	867	847
Total assets	19.7%	4,545	3,796	3,472	2,947	2,282	2,214
Borrowings, non-current	0.4%	238	237	137	194	135	140
Total non-current financial liabilities	-2.3%	298	305	151	207	148	155
Provisions, non-current	129.9%	3.92	2.27	1.64	0	0.54	1.8
Total non-current liabilities	-2.1%	335	342	184	237	177	185
Borrowings, current	22.8%	195	159	216	3.51	172	54
Total current financial liabilities	73.6%	1,902	1,096	1,443	1,308	704	969
Provisions, current	102.5%	1.01	0.6	1.07	6.69	6.47	5.08
Current tax liabilities	56.2%	26	17	2.08	18	6.3	5.86
Total current liabilities	36.5%	2,288	1,677	1,869	1,372	826	983
Total liabilities	29.9%	2,623	2,019	2,054	1,609	1,004	1,167
Equity share capital	0%	38	38	32	32	32	30
Total equity	8.2%	1,922	1,777	1,419	1,338	1,278	1,047
Total equity and liabilities	19.7%	4,545	3,796	3,472	2,947	2,282	2,214

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Finance costs	37.4%	137	100	93	41	37	-
Change in inventories	57.1%	-266.46	-622.91	-238.85	198	13	-
Depreciation	77.3%	79	45	61	45	45	-
Unrealised forex losses/gains	367.9%	89	-31.85	-27.3	12	-18.76	-
Dividend income	-4.2%	0	0.04	0.12	0	0	-
Adjustments for interest income	28.6%	19	15	18	0	0	-
Net Cashflows from Operations	338.7%	523	120	291	-114.3	454	-
Dividends received	-4.2%	0	0.04	0	-0.18	0	-
Interest received	-	0	0	0	-4.27	-2.72	-
Income taxes paid (refund)	-3.8%	51	53	33	0	0	-
Net Cashflows From Operating Activities	613.6%	472	67	257	-118.75	451	-
Proceeds from sales of PPE	-	0	0	0.04	0	0	-
Purchase of property, plant and equipment	121.6%	340	154	120	207	46	-
Proceeds from sales of investment property	-	0	0	0	42	2.11	-
Purchase of investment property	-	44	0	0	0	0	-
Purchase of other long-term assets	-	210	0	0	0	0	-
Dividends received	-	0	0	0.12	0.18	0	-
Interest received	-	0	0	27	4.27	2.72	-
Other inflows (outflows) of cash	98.9%	0	-92.41	62	25	-78.21	-
Net Cashflows From Investing Activities	-1201.8%	-593.93	-44.7	-263.69	-135.49	-119.06	-
Proceeds from changes in ownership interests in subsidiaries	-129.3%	0	4.41	0	0	0	-
Proceeds from issuing shares	-	255	0	179	4.5	10	-
Proceeds from issuing other equity instruments	-	44	0	0	0	0	-
Proceeds from borrowings	-41.5%	87	148	79	263	0	-
Repayments of borrowings	-	58	0	-1.04	0	234	-
Payments of lease liabilities	846.4%	54	6.6	6.53	5.25	5.25	-
Dividends paid	-	0	0	12	12	0	-
Interest paid	21.8%	135	111	89	41	38	-
Other inflows (outflows) of cash	-	-3.62	0	6.79	0	0	-
Net Cashflows from Financing Activities	309.1%	136	34	158	209	-267.22	-
Net change in cash and cash eq.	-76.4%	14	56	152	-45.06	65	-

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Finance costs	41.8%	140	99	87	41	37	-
Change in inventories	51.7%	-279.82	-580.2	-244.2	198	26	-
Depreciation	78.6%	76	43	60	45	45	-
Unrealised forex losses/gains	349.6%	83	-31.85	-27.3	12	-18.76	-
Dividend income	-4.2%	0	0.04	0	0	0	-
Adjustments for interest income	40.7%	39	28	18	0	0	-
Net Cashflows from Operations	143.3%	344	142	333	-106.81	441	-
Interest paid	-100.9%	0	113	0	0	0	-
Interest received	-	0	0	0	-5.08	-2.82	-
Income taxes paid (refund)	-	51	0	33	0	0	-
Net Cashflows From Operating Activities	942.9%	293	29	299	-111.89	438	-
Cashflows used in obtaining control of subsidiaries	-	233	0	0	0	0	-
Purchase of property, plant and equipment	-32.3%	64	94	94	199	36	-
Proceeds from sales of investment property	-	0	0	0	43	2.11	-
Purchase of investment property	-	51	0	0	0	0	-
Dividends received	-4.2%	0	0.04	0	0	0	-
Interest received	-	0	0	8.8	5.08	2.82	-
Other inflows (outflows) of cash	-	0	0	62	25	-77.91	-
Net Cashflows From Investing Activities	-592.3%	-540.5	111	-250.87	-126.06	-108.94	-
Proceeds from changes in ownership interests in subsidiaries	98.1%	0	-52.07	0	0	0	-
Proceeds from issuing shares	-	251	0	170	4.5	10	-
Proceeds from issuing other equity instruments	-	44	0	0	0	0	-
Proceeds from borrowings	91.1%	87	46	8.79	241	0	-
Repayments of borrowings	-	21	0	0	0	234	-
Payments of lease liabilities	742.1%	49	6.7	6.53	0	0	-
Dividends paid	-	0	0	12	12	0	-
Interest paid	-	130	0	83	41	38	-
Income taxes paid (refund)	-102.3%	0	44	0	0	0	-
Other inflows (outflows) of cash	98.8%	0	-85.64	6.8	0	0	-
Net Cashflows from Financing Activities	227%	183	-142.31	84	187	-267.06	-
Net change in cash and cash eq.	-2109.4%	-64.62	-1.97	132	-50.74	62	-

MANINDS - Man Industries (India) Ltd Share Price

MANINDS

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

MANINDS

MANINDS - Man Industries (India) Ltd Share Price

MANINDS

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

MANINDS

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Man Industries (India) Ltd do?

Important Disclosure & Data Context

Valuation

Fundamentals

Profitability

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Man Industries (India) Ltd do?

Important Disclosure & Data Context