sharesgurusharesguru
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
LoginSign Up
sharesguru
  • Home
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
  • Profile
  • Contact Us
LoginSign Up
sharesguru

Discover the joy of investing.

All the financial data and tools you need, at one place.

Navigation

  • Home
  • Stocks
  • Sectors

Tools

  • Ai Screener
  • Watchlists

Company

  • Contact

Legal

  • Privacy Policy
  • Terms of Service
Copyright © 2025 Knowtilus Technologies Pvt. Ltd.
SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
MANINDS logo

MANINDS - Man Industries (India) Ltd Share Price

Industrial Products

₹348.00-15.05(-4.15%)
Market Closed as of Feb 5, 2026, 15:29 IST

Valuation

Market Cap2.44 kCr
Price/Earnings (Trailing)13.87
Price/Sales (Trailing)0.69
EV/EBITDA6.98
Price/Free Cashflow-34.74
MarketCap/EBT10.82
Enterprise Value2.82 kCr

Fundamentals

Growth & Returns

Price Change 1W3.8%
Price Change 1M-15.8%
Price Change 6M-25.6%
Price Change 1Y15.6%
3Y Cumulative Return59.6%
5Y Cumulative Return32.8%
7Y Cumulative Return26.3%
10Y Cumulative Return16.6%
Revenue (TTM)
3.56 kCr
Rev. Growth (Yr)-0.30%
Earnings (TTM)166.85 Cr
Earnings Growth (Yr)16.1%

Profitability

Operating Margin6%
EBT Margin6%
Return on Equity8.48%
Return on Assets4.12%
Free Cashflow Yield-2.88%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-44.7 Cr
Cash Flow from Operations (TTM)66.93 Cr
Cash Flow from Financing (TTM)34.05 Cr
Cash & Equivalents73.6 Cr
Free Cash Flow (TTM)-87.39 Cr
Free Cash Flow/Share (TTM)-11.65

Balance Sheet

Total Assets4.05 kCr
Total Liabilities2.08 kCr
Shareholder Equity1.97 kCr
Current Assets2.86 kCr
Current Liabilities1.74 kCr
Net PPE570.85 Cr
Inventory937.08 Cr
Goodwill68.82 Cr

Capital Structure & Leverage

Debt Ratio0.11
Debt/Equity0.23
Interest Coverage0.86
Interest/Cashflow Ops1.6

Dividend & Shareholder Returns

Dividend Yield0.46%
Shares Dilution (1Y)15.9%
Shares Dilution (3Y)24.8%
Pros

Technicals: Bullish SharesGuru indicator.

Past Returns: Outperforming stock! In past three years, the stock has provided 59.6% return compared to 12.8% by NIFTY 50.

Balance Sheet: Strong Balance Sheet.

Cons

Insider Trading: Significant insider selling noticed recently.

Smart Money: Smart money is losing interest in the stock.

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

Price to Sales Ratio

Latest reported: 0.7

Revenue (Last 12 mths)

Latest reported: 3.6 kCr

Net Income (Last 12 mths)

Latest reported: 166.8 Cr
Pros

Technicals: Bullish SharesGuru indicator.

Past Returns: Outperforming stock! In past three years, the stock has provided 59.6% return compared to 12.8% by NIFTY 50.

Balance Sheet: Strong Balance Sheet.

Cons

Insider Trading: Significant insider selling noticed recently.

Smart Money: Smart money is losing interest in the stock.

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

Investor Care

Dividend Yield0.46%
Shares Dilution (1Y)15.9%
Earnings/Share (TTM)23.47

Financial Health

Current Ratio1.65
Debt/Equity0.23

Technical Indicators

RSI (14d)32.15
RSI (5d)50.74
RSI (21d)26.14
MACD SignalBuy
Stochastic Oscillator SignalBuy
SharesGuru SignalBuy
RSI SignalHold
RSI5 SignalHold
RSI21 SignalBuy
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Man Industries (India)

Summary of Man Industries (India)'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Share Holdings

Understand Man Industries (India) ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Rameshchandra Mansukhani15%
Man Finance Private Limited11.96%
Heena Vinay Kalantri6.48%
Nikhil Mansukhani4.78%
Ashish Kacholia3.04%
Suresh Kumar Agarwal3.04%
Man Global Limited2.46%

Is Man Industries (India) Better than it's peers?

Detailed comparison of Man Industries (India) against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
APLAPOLLOAPL Apollo Tubes56.8 kCr21.81 kCr+6.90%+38.60%49.732.6--
WELCORPWelspun Corp19.24 kCr

Sector Comparison: MANINDS vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

MANINDS metrics compared to Industrial

CategoryMANINDSIndustrial
PE13.8721.93
PS0.691.42
Growth9.3 %7.8 %
0% metrics above sector average
Key Insights
  • 1. MANINDS is NOT among the Top 10 largest companies in Iron & Steel Products.
  • 2. The company holds a market share of 2% in Iron & Steel Products.
  • 3. The company is growing at an average growth rate of other Iron & Steel Products companies.

What does Man Industries (India) Ltd do?

Iron & Steel Products•Capital Goods•Small Cap

Man Industries (India) Limited manufactures, processes, and trades in submerged arc welded pipes and steel products in India. The company offers coating systems, which include internal blasting and painting, coal tar enamel; ERW pipes, steel bends, and stainless steel; fusion bonded epoxy, 3 layer polyethylene, and 3 layer polypropylene coating systems. It also offers longitudinal submerged and helically submerged arc welded line pipes for use in oil, gas, petrochemicals, water dredging, fertilizers sectors. The company exports its products. Man Industries (India) Limited was incorporated in 1988 and is based in Mumbai, India.

Industry Group:Industrial Products
Employees:794
Website:www.mangroup.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Performance Comparison

MANINDS vs Industrial (2021 - 2026)

MANINDS outperforms the broader Industrial sector, although its performance has declined by 2.4% from the previous year.

Sharesguru Stock Score

MANINDS

64/100
Deepadevi Rameshchandra Mansukhani2.41%
Vikas Vijaykumar Khemani2.39%
Hiten Dilip Bhatia1.61%
The Court Receiver High Court Bombay(Com Arb Pet No 31/2020)1.29%
B Arunkumar Capital And Credit Services Pvt Ltd1.26%
Anil Laxmichand Shah1.12%
Carnelian Structural Shift Fund1.02%
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%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

16.52 kCr
-10.50%
+1.00%
9.88
1.16
-
-
RATNAMANIRatnamani Metals & Tubes15.54 kCr5.46 kCr-6.90%-20.40%25.712.85--
JINDALSAWJindal Saw11.24 kCr18.4 kCr+4.70%-27.80%9.950.61--
MAHSEAMLESMaharashtra Seamless6.97 kCr5.29 kCr-7.40%-15.90%8.291.32--

Income Statement for Man Industries (India)

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations11.6%3,5053,1422,2312,1392,0801,759
Other Income0%525240373117
Total Income11.4%3,5573,1942,2712,1762,1111,776
Cost of Materials-6.1%2,3362,4871,4561,5351,2831,166
Purchases of stock-in-trade511.9%2584323363181100
Employee Expense11.8%776960545556
Finance costs13.8%1008841375364
Depreciation and Amortization-26.7%456145454652
Other expenses-8.6%392429261321416272
Total Expenses9.8%3,3493,0502,1812,0411,9741,708
Profit Before exceptional items and Tax44.8%2081449013513768
Exceptional items before tax-00000-2.5
Total profit before tax44.8%2081449013513765
Current tax44.4%533721363723
Deferred tax25.4%1.841.671.53-2.89-1.17-12.84
Total tax42.1%55392233369.76
Total profit (loss) for period46.2%1531056810210156
Other comp. income net of taxes1396.3%5.041.273.43-4.4-2.626.74
Total Comprehensive Income49.5%15810671979862
Earnings Per Share, Basic38%23.6617.4211.3317.7817.669.72
Earnings Per Share, Diluted38.5%22.7816.7311.3317.5216.789.72
Description(%) Q/QSep-2025Jun-2025Mar-2025Dec-2024Sep-2024Jun-2024
Revenue From Operations12.4%8347421,218732806749
Other Income-167.6%-19.2931155.541120
Total Income5.3%8157741,234737817769
Cost of Materials-41.2%303515661543548583
Purchases of stock-in-trade54.4%17711512747894
Employee Expense0%202021162020
Finance costs0%303035262118
Depreciation and Amortization75%221311111113
Other expenses9.8%918310211410768
Total Expenses4.1%765
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations1.2%3,1183,0802,0922,0942,0751,759
Other Income30.8%866640373117
Total Income1.8%3,2043,1462,1332,1312,1061,776
Cost of Materials-4.7%2,3282,4421,4561,4921,2831,166
Purchases of stock-in-trade471.1%258469863177100
Employee Expense

Balance Sheet for Man Industries (India)

Consolidated figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-70.1%742456718911437
Current investments0%2626105228300.32
Loans, current18.3%0.330.184.52.151.9472
Total current financial assets46.7%1,9231,311903851761744
Inventories-26.2%9371,2691,108646697121
Current tax assets--00001.25
Total current assets4%2,8602,7512,1361,5981,566940
Property, plant and equipment-0.2%571572538540511489
Capital work-in-progress7.6%14313333315314
Investment property0%1.431.431.431.431.70
Goodwill0%69696764620
Non-current investments-00000102
Total non-current financial assets87.2%28015010211496199
Total non-current assets15.7%1,1901,029923818772788
Total assets--3,779----
Total assets--3,779----
Total assets7.2%4,0503,7793,0592,4152,3381,728
Borrowings, non-current73.7%239138164136142128
Total non-current financial liabilities55.6%239154179150156129
Provisions, non-current104.7%2.311.6400.541.82.31
Total non-current liabilities84.9%345187209180186159
Borrowings, current-34.2%2093173617247166
Total current financial liabilities-25.7%1,1551,5551,339706966534
Provisions, current-500%0.641.099.816.855.636.79
Current tax liabilities1381.5%172.080.155.45.860
Total current liabilities-12.4%1,7391,9851,390830980564
Total liabilities--2,172----
Total liabilities--2,172----
Total liabilities-4.1%2,0842,1721,5991,0101,166724
Equity share capital19.4%383232323030
Total equity22.4%1,9671,6071,4601,4051,1721,004
Total equity and liabilities7.2%4,0503,7793,0592,4152,3381,728
Standalone figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-60.8%631596616110928
Current investments41.2%2518100223260.25
Loans, current47.1%201137195179125100
Total current financial assets40.9%2,0071,4251,066981864755
Inventories-34.2%614932813352400107
Current tax assets--00001.25
Total current assets4.3%2,6212,5131,9921,4141,367936
Property, plant and equipment

Cash Flow for Man Industries (India)

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Finance costs7.6%100934137--
Change in inventories-160.1%-622.91-238.8519813--
Depreciation-26.7%45614545--
Unrealised forex losses/gains-16.1%-31.85-27.312-18.76--
Dividend income-9.1%0.040.1200--
Adjustments for interest income-17.6%151800--
Net Cashflows from Operations-59%120291-114.3454--
Dividends received-0.040-0.180--
Interest received-00-4.27-2.72--
Income taxes paid (refund)62.5%533300--
Net Cashflows From Operating Activities-74.2%67257-118.75451--
Proceeds from sales of PPE-4.2%00.0400--
Purchase of property, plant and equipment28.6%15412020746--
Proceeds from sales of investment property-00422.11--
Dividends received-13.6%00.120.180--
Interest received-103.8%0274.272.72--
Other inflows (outflows) of cash-253.1%-92.416225-78.21--
Net Cashflows From Investing Activities82.7%-44.7-263.69-135.49-119.06--
Proceeds from changes in ownership interests in subsidiaries-4.41000--
Proceeds from issuing shares-100.6%01794.510--
Proceeds from borrowings88.5%148792630--
Repayments of borrowings51%0-1.040234--
Payments of lease liabilities1.3%6.66.535.255.25--
Dividends paid-109.1%012120--
Interest paid25%111894138--
Other inflows (outflows) of cash-117.3%06.7900--
Net Cashflows from Financing Activities-79%34158209-267.22--
Net change in cash and cash eq.-63.6%56152-45.0665--
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Finance costs14%99874137--
Change in inventories-137%-580.2-244.219826--
Depreciation-28.8%43604545--
Unrealised forex losses/gains-16.1%-31.85-27.312-18.76--
Dividend income-0.04000--
Adjustments for interest income58.8%281800--
Net Cashflows from Operations-57.5%142333-106.81441--
Interest paid

Revenue Breakdown

Analysis of Man Industries (India)'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Sep 30, 2025

DescriptionShareValue
Manufacturing and trading in Steel Products100.0%834.1 Cr
Total834.1 Cr
735
1,143
691
774
741
Profit Before exceptional items and Tax29.7%493891474328
Total profit before tax29.7%493891474328
Current tax12.5%1092412116.76
Deferred tax48.4%1.951.64-0.590.93-0.191.69
Total tax10%12112313118.45
Total profit (loss) for period33.3%372868343219
Other comp. income net of taxes95.1%0.86-1.854.45-0.610.990.21
Total Comprehensive Income48%382673343319
Earnings Per Share, Basic22.4%4.834.139.155.364.922.94
Earnings Per Share, Diluted17.6%4.684.138.825.164.742.83
9.1%
73
67
58
53
54
54
Finance costs14%998741375364
Depreciation and Amortization-28.8%436045454652
Other expenses-9.6%388429260321417276
Total Expenses0.7%3,0192,9982,0431,9971,9691,709
Profit Before exceptional items and Tax25%1861499013513666
Exceptional items before tax-00000-2.5
Total profit before tax25%1861499013513664
Current tax25%463721363723
Deferred tax423.5%2.781.341.53-2.89-1.17-12.84
Total tax23.7%48392233369.76
Total profit (loss) for period24.8%1371106710110154
Other comp. income net of taxes1752.6%4.521.194.82-4.14-2.626.69
Total Comprehensive Income28.2%14211172979861
Earnings Per Share, Basic17.4%21.1818.1911.2117.7217.629.45
Earnings Per Share, Diluted17.8%20.3917.4611.2117.4616.749.45
Description(%) Q/QSep-2025Jun-2025Mar-2025Dec-2024Sep-2024Jun-2024
Revenue From Operations9.7%782713850731805732
Other Income-140.7%-12.843537158.7825
Total Income2.8%769748888745814757
Cost of Materials-48.9%253494667549543569
Purchases of stock-in-trade54.4%17711512747894
Employee Expense0%181819171819
Finance costs0%303035262118
Depreciation and Amortization81.8%211210111012
Other expenses22.8%98809811410868
Total Expenses1.7%721709831695768725
Profit Before exceptional items and Tax23.7%483957504632
Total profit before tax23.7%483957504632
Current tax12.5%1091612116.76
Deferred tax481.2%1.610.840.640.850.071.21
Total tax24.4%129.841713117.97
Total profit (loss) for period25%362940383524
Other comp. income net of taxes63%-0.05-1.843.92-0.620.920.29
Total Comprehensive Income34.6%362744373624
Earnings Per Share, Basic7.7%4.624.366.325.725.423.73
Earnings Per Share, Diluted3.3%4.474.366.095.55.213.59
-2%
489
499
488
504
486
483
Capital work-in-progress8.6%102942931403.08
Goodwill-0.4100000
Non-current investments1%199197197145136136
Loans, non-current845.5%105120000
Total non-current financial assets35.5%486359351258303232
Total non-current assets22.7%1,176959955867847790
Total assets9.3%3,7963,4722,9472,2822,2141,727
Borrowings, non-current73.5%237137194135140128
Total non-current financial liabilities102.7%305151207148155129
Provisions, non-current98.4%2.271.6400.541.81.96
Total non-current liabilities86.3%342184237177185159
Borrowings, current-26.5%1592163.5117254170
Total current financial liabilities-24.1%1,0961,4431,308704969535
Provisions, current-671.4%0.61.076.696.475.086.6
Current tax liabilities1381.5%172.08186.35.860
Total current liabilities-10.3%1,6771,8691,372826983565
Total liabilities-1.7%2,0192,0541,6091,0041,167724
Equity share capital19.4%383232323030
Total equity25.2%1,7771,4191,3381,2781,0471,003
Total equity and liabilities9.3%3,7963,4722,9472,2822,2141,727
-
113
0
0
0
-
-
Interest received-00-5.08-2.82--
Income taxes paid (refund)-103.1%03300--
Net Cashflows From Operating Activities-90.6%29299-111.89438--
Purchase of property, plant and equipment0%949419936--
Proceeds from sales of investment property-00432.11--
Dividends received-0.04000--
Interest received-112.8%08.85.082.82--
Other inflows (outflows) of cash-101.6%06225-77.91--
Net Cashflows From Investing Activities143.7%111-250.87-126.06-108.94--
Proceeds from changes in ownership interests in subsidiaries--52.07000--
Proceeds from issuing shares-100.6%01704.510--
Proceeds from borrowings477.7%468.792410--
Repayments of borrowings-000234--
Payments of lease liabilities3.1%6.76.5300--
Dividends paid-109.1%012120--
Interest paid-101.2%0834138--
Income taxes paid (refund)-44000--
Other inflows (outflows) of cash-1593.8%-85.646.800--
Net Cashflows from Financing Activities-272.7%-142.3184187-267.06--
Net change in cash and cash eq.-102.3%-1.97132-50.7462--
Sharesguru Stock Score

MANINDS

64/100