
Industrial Products
Valuation | |
|---|---|
| Market Cap | 2.44 kCr |
| Price/Earnings (Trailing) | 13.87 |
| Price/Sales (Trailing) | 0.69 |
| EV/EBITDA | 6.98 |
| Price/Free Cashflow | -34.74 |
| MarketCap/EBT | 10.82 |
| Enterprise Value | 2.82 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 3.8% |
| Price Change 1M | -15.8% |
| Price Change 6M | -25.6% |
| Price Change 1Y | 15.6% |
| 3Y Cumulative Return | 59.6% |
| 5Y Cumulative Return | 32.8% |
| 7Y Cumulative Return | 26.3% |
| 10Y Cumulative Return | 16.6% |
| Revenue (TTM) |
| 3.56 kCr |
| Rev. Growth (Yr) | -0.30% |
| Earnings (TTM) | 166.85 Cr |
| Earnings Growth (Yr) | 16.1% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 6% |
| Return on Equity | 8.48% |
| Return on Assets | 4.12% |
| 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 & Equivalents | 73.6 Cr |
| Free Cash Flow (TTM) | -87.39 Cr |
| Free Cash Flow/Share (TTM) | -11.65 |
Balance Sheet | |
|---|---|
| Total Assets | 4.05 kCr |
| Total Liabilities | 2.08 kCr |
| Shareholder Equity | 1.97 kCr |
| Current Assets | 2.86 kCr |
| Current Liabilities | 1.74 kCr |
| Net PPE | 570.85 Cr |
| Inventory | 937.08 Cr |
| Goodwill | 68.82 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.11 |
| Debt/Equity | 0.23 |
| Interest Coverage | 0.86 |
| Interest/Cashflow Ops | 1.6 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 0.46% |
| Shares Dilution (1Y) | 15.9% |
| Shares Dilution (3Y) | 24.8% |
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.
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.
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.
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 Yield | 0.46% |
| Shares Dilution (1Y) | 15.9% |
| Earnings/Share (TTM) | 23.47 |
Financial Health | |
|---|---|
| Current Ratio | 1.65 |
| Debt/Equity | 0.23 |
Technical Indicators | |
|---|---|
| RSI (14d) | 32.15 |
| RSI (5d) | 50.74 |
| RSI (21d) | 26.14 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Buy |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
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.
Understand Man Industries (India) ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| 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% |
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 |
|---|---|---|---|---|---|---|---|---|---|
| APLAPOLLO | APL Apollo Tubes | 56.8 kCr | 21.81 kCr | +6.90% | +38.60% | 49.73 | 2.6 | - | - |
| WELCORP | Welspun Corp | 19.24 kCr |
Comprehensive comparison against sector averages
MANINDS metrics compared to Industrial
| Category | MANINDS | Industrial |
|---|---|---|
| PE | 13.87 | 21.93 |
| PS | 0.69 | 1.42 |
| Growth | 9.3 % | 7.8 % |
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.
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.
MANINDS vs Industrial (2021 - 2026)
| Deepadevi Rameshchandra Mansukhani | 2.41% |
| Vikas Vijaykumar Khemani | 2.39% |
| Hiten Dilip Bhatia | 1.61% |
| 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 | 1.12% |
| 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% |
Distribution across major stakeholders
Distribution across major institutional holders
| 16.52 kCr |
| -10.50% |
| +1.00% |
| 9.88 |
| 1.16 |
| - |
| - |
| RATNAMANI | Ratnamani Metals & Tubes | 15.54 kCr | 5.46 kCr | -6.90% | -20.40% | 25.71 | 2.85 | - | - |
| JINDALSAW | Jindal Saw | 11.24 kCr | 18.4 kCr | +4.70% | -27.80% | 9.95 | 0.61 | - | - |
| MAHSEAMLES | Maharashtra Seamless | 6.97 kCr | 5.29 kCr | -7.40% | -15.90% | 8.29 | 1.32 | - | - |
Analysis of Man Industries (India)'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Manufacturing and trading in Steel Products | 100.0% | 834.1 Cr |
| Total | 834.1 Cr |
| 735 |
| 1,143 |
| 691 |
| 774 |
| 741 |
| Profit Before exceptional items and Tax | 29.7% | 49 | 38 | 91 | 47 | 43 | 28 |
| Total profit before tax | 29.7% | 49 | 38 | 91 | 47 | 43 | 28 |
| Current tax | 12.5% | 10 | 9 | 24 | 12 | 11 | 6.76 |
| Deferred tax | 48.4% | 1.95 | 1.64 | -0.59 | 0.93 | -0.19 | 1.69 |
| Total tax | 10% | 12 | 11 | 23 | 13 | 11 | 8.45 |
| Total profit (loss) for period | 33.3% | 37 | 28 | 68 | 34 | 32 | 19 |
| Other comp. income net of taxes | 95.1% | 0.86 | -1.85 | 4.45 | -0.61 | 0.99 | 0.21 |
| Total Comprehensive Income | 48% | 38 | 26 | 73 | 34 | 33 | 19 |
| Earnings Per Share, Basic | 22.4% | 4.83 | 4.13 | 9.15 | 5.36 | 4.92 | 2.94 |
| Earnings Per Share, Diluted | 17.6% | 4.68 | 4.13 | 8.82 | 5.16 | 4.74 | 2.83 |
| 9.1% |
| 73 |
| 67 |
| 58 |
| 53 |
| 54 |
| 54 |
| Finance costs | 14% | 99 | 87 | 41 | 37 | 53 | 64 |
| Depreciation and Amortization | -28.8% | 43 | 60 | 45 | 45 | 46 | 52 |
| Other expenses | -9.6% | 388 | 429 | 260 | 321 | 417 | 276 |
| Total Expenses | 0.7% | 3,019 | 2,998 | 2,043 | 1,997 | 1,969 | 1,709 |
| Profit Before exceptional items and Tax | 25% | 186 | 149 | 90 | 135 | 136 | 66 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | -2.5 |
| Total profit before tax | 25% | 186 | 149 | 90 | 135 | 136 | 64 |
| Current tax | 25% | 46 | 37 | 21 | 36 | 37 | 23 |
| Deferred tax | 423.5% | 2.78 | 1.34 | 1.53 | -2.89 | -1.17 | -12.84 |
| Total tax | 23.7% | 48 | 39 | 22 | 33 | 36 | 9.76 |
| Total profit (loss) for period | 24.8% | 137 | 110 | 67 | 101 | 101 | 54 |
| Other comp. income net of taxes | 1752.6% | 4.52 | 1.19 | 4.82 | -4.14 | -2.62 | 6.69 |
| Total Comprehensive Income | 28.2% | 142 | 111 | 72 | 97 | 98 | 61 |
| Earnings Per Share, Basic | 17.4% | 21.18 | 18.19 | 11.21 | 17.72 | 17.62 | 9.45 |
| Earnings Per Share, Diluted | 17.8% | 20.39 | 17.46 | 11.21 | 17.46 | 16.74 | 9.45 |
| -2% |
| 489 |
| 499 |
| 488 |
| 504 |
| 486 |
| 483 |
| Capital work-in-progress | 8.6% | 102 | 94 | 29 | 31 | 40 | 3.08 |
| Goodwill | - | 0.41 | 0 | 0 | 0 | 0 | 0 |
| Non-current investments | 1% | 199 | 197 | 197 | 145 | 136 | 136 |
| Loans, non-current | 845.5% | 105 | 12 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | 35.5% | 486 | 359 | 351 | 258 | 303 | 232 |
| Total non-current assets | 22.7% | 1,176 | 959 | 955 | 867 | 847 | 790 |
| Total assets | 9.3% | 3,796 | 3,472 | 2,947 | 2,282 | 2,214 | 1,727 |
| Borrowings, non-current | 73.5% | 237 | 137 | 194 | 135 | 140 | 128 |
| Total non-current financial liabilities | 102.7% | 305 | 151 | 207 | 148 | 155 | 129 |
| Provisions, non-current | 98.4% | 2.27 | 1.64 | 0 | 0.54 | 1.8 | 1.96 |
| Total non-current liabilities | 86.3% | 342 | 184 | 237 | 177 | 185 | 159 |
| Borrowings, current | -26.5% | 159 | 216 | 3.51 | 172 | 54 | 170 |
| Total current financial liabilities | -24.1% | 1,096 | 1,443 | 1,308 | 704 | 969 | 535 |
| Provisions, current | -671.4% | 0.6 | 1.07 | 6.69 | 6.47 | 5.08 | 6.6 |
| Current tax liabilities | 1381.5% | 17 | 2.08 | 18 | 6.3 | 5.86 | 0 |
| Total current liabilities | -10.3% | 1,677 | 1,869 | 1,372 | 826 | 983 | 565 |
| Total liabilities | -1.7% | 2,019 | 2,054 | 1,609 | 1,004 | 1,167 | 724 |
| Equity share capital | 19.4% | 38 | 32 | 32 | 32 | 30 | 30 |
| Total equity | 25.2% | 1,777 | 1,419 | 1,338 | 1,278 | 1,047 | 1,003 |
| Total equity and liabilities | 9.3% | 3,796 | 3,472 | 2,947 | 2,282 | 2,214 | 1,727 |
| - |
| 113 |
| 0 |
| 0 |
| 0 |
| - |
| - |
| Interest received | - | 0 | 0 | -5.08 | -2.82 | - | - |
| Income taxes paid (refund) | -103.1% | 0 | 33 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -90.6% | 29 | 299 | -111.89 | 438 | - | - |
| Purchase of property, plant and equipment | 0% | 94 | 94 | 199 | 36 | - | - |
| Proceeds from sales of investment property | - | 0 | 0 | 43 | 2.11 | - | - |
| Dividends received | - | 0.04 | 0 | 0 | 0 | - | - |
| Interest received | -112.8% | 0 | 8.8 | 5.08 | 2.82 | - | - |
| Other inflows (outflows) of cash | -101.6% | 0 | 62 | 25 | -77.91 | - | - |
| Net Cashflows From Investing Activities | 143.7% | 111 | -250.87 | -126.06 | -108.94 | - | - |
| Proceeds from changes in ownership interests in subsidiaries | - | -52.07 | 0 | 0 | 0 | - | - |
| Proceeds from issuing shares | -100.6% | 0 | 170 | 4.5 | 10 | - | - |
| Proceeds from borrowings | 477.7% | 46 | 8.79 | 241 | 0 | - | - |
| Repayments of borrowings | - | 0 | 0 | 0 | 234 | - | - |
| Payments of lease liabilities | 3.1% | 6.7 | 6.53 | 0 | 0 | - | - |
| Dividends paid | -109.1% | 0 | 12 | 12 | 0 | - | - |
| Interest paid | -101.2% | 0 | 83 | 41 | 38 | - | - |
| Income taxes paid (refund) | - | 44 | 0 | 0 | 0 | - | - |
| Other inflows (outflows) of cash | -1593.8% | -85.64 | 6.8 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | -272.7% | -142.31 | 84 | 187 | -267.06 | - | - |
| Net change in cash and cash eq. | -102.3% | -1.97 | 132 | -50.74 | 62 | - | - |