What is Man Industries (India) Ltd's market cap?

Man Industries (India) Ltd (MANINDS) has a market capitalization of ₹4,178 Cr.

What sector is MANINDS in?

Man Industries (India) Ltd operates in the Metals — Ferrous & Non-Ferrous sector.

What is MANINDS's return on equity?

Man Industries (India) Ltd has a return on equity (ROE) of 9.6%.

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Man Industries (India) Ltd (MANINDS) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

Man Industries (India) Ltd

MANINDS|BSE: 513269

Metals — Ferrous & Non-FerrousMetals & Miningwww.mangroup.com

₹573.90

+₹2.40 (+0.42%)|MCap ₹4,178 Cr

As of 16 Jun 2026 (End of Day)

52W Low ₹302.0552W High ₹606.40

PE 27.8xMedian PE 7.9xPB 2.1x

Man Industries (India) Ltd. engages in the manufacturing, processing, and trading of submerged arc welded pipes & steel products. The company is headquartered in Mumbai, Maharashtra. The Company’s LS

Secular Currents

Theme Connections

Building Materials Clean Energy Capital Goods Cycle Real Estate Cycle

Intelligence Profile

TSF Score

60/100

The Vitals · Company Health

Health Indicators

Shenanigan Score

38Medium

Trust Score

X-Ray

Concerns

🟠Below-average return on equity (9.6%)Business

Watch

Nothing flagged for monitoring

Strengths

🟢Efficient capital deployment (ROCE: 16.8%)Business
🟢Healthy revenue growth (17.8% CAGR 3yr)Business
🟢Low leverage (D/E: 0.23x)Business
🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

PE Ratio

27.8x

ROE

9.6%

Revenue Growth 3yr

17.8%

Debt/Equity

0.23x

₹3,933 Cr

The Narrator · StoryTel Intelligence

FY2025Metals — Ferrous & Non-FerrousProduct Sales ModelModel:Revenue = Production Volume × Average Realization per Ton

Key Insight

“Operates in Metals — Ferrous & Non-Ferrous.”

The Revenue Story

₹3,505 Cr revenue.

Total Income₹3,557 Cr

Revenue₹3,505 Cr(98.5% of Total Income)

Other Income₹52 Cr(1.5% of Total Income)

The Cost Story

COGS 78.0%, employees 2.2%.

Cogs₹2,735 Cr(73.9%)

Other Expenses₹392 Cr(10.6%)

EBITDA₹353 Cr(9.5%)

Finance Costs₹100 Cr(2.7%)

Employee₹77 Cr(2.1%)

Depreciation₹45 Cr(1.2%)

0.1%EBITDA Margin

Cogs

73.9%

Other Expenses

10.6%

EBITDA

9.5%

Finance Costs

2.7%

Employee

2.1%

Depreciation

1.2%

Key Metrics

ROE

9.6%

vs median 8.3%

ROCE

16.8%

vs median 13.5%

Net Margin

5.1%

vs median 4.2%

EBITDA Margin

12.4%

vs median 9.5%

Debt To Equity

0.23x

vs median 0.24x

Rev Growth 3yr

17.8%

vs median 9.2%

EPS Growth 3yr

11.3%

vs median 4.1%

Forward View · Management Guidance

GUIDANCEQ2FY26— ChairmanHigh Impact

“H2 FY26 expected to be strongest half year in company's history with revenue of around 2,200 crore, enabling 20% revenue growth guidance for FY26”

GUIDANCEQ2FY26— 2High Impact

“Next year will be capacity driven more...50% capacity utilization year one, that's why we said 2,000 crore. Next year maybe 3,000 or 4,000”

GUIDANCEQ2FY26— 2High Impact

“Expect to maintain double digit EBITDA margin above 11%, between 11-12% supported by favorable product mix and cost discipline”

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

Metals — Ferrous & Non-Ferrous

KPI	Company	Sector Median
ROE	9.6%▲	8.3%
ROCE	16.8%▲	13.5%
Net Margin	5.1%▲	4.2%
EBITDA Margin	12.4%▲	9.5%
Debt To Equity	0.23x▼	0.24x
Rev Growth 3yr	17.8%▲	9.2%
EPS Growth 3yr	11.3%▲	4.1%

The Market · What is the market saying?

Market Signals

The Antenna · Media Intelligence

Media Signal

Low Impact

7d+0.20→30d+0.20

Based on 1 article (0 in last 7 days)

The Numbers · Show me the data

Financials

Revenue₹3,625 Cr

PBT₹255 Cr

EPS₹26.91

(₹ Cr)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	₹3,625 Cr +3.4%	₹3,505 Cr +11.6%	₹3,142 Cr +40.8%	₹2,231 Cr +4.3%	₹2,139 Cr +2.8%	₹2,080 Cr +18.2%	₹1,759 Cr -20.8%	₹2,222 Cr
Other Income	₹36 Cr -30.5%	₹52 Cr -0.4%	₹52 Cr +31.6%	₹40 Cr +6.7%	₹37 Cr +20.5%	₹31 Cr +85.9%	₹17 Cr -19.9%	₹21 Cr
Total Income	₹3,661 Cr +2.9%	₹3,557 Cr +11.4%	₹3,194 Cr +40.7%	₹2,271 Cr +4.4%	₹2,176 Cr +3.1%	₹2,111 Cr +18.9%	₹1,776 Cr -20.8%	₹2,242 Cr
COGS	₹2,665 Cr -2.6%	₹2,735 Cr +13.8%	₹2,403 Cr +35.6%	₹1,773 Cr +12.0%	₹1,583 Cr +12.8%	₹1,404 Cr +11.2%	₹1,263 Cr -25.6%	₹1,697 Cr
	₹3,406 Cr +1.7%	₹3,349 Cr +9.8%	₹3,050 Cr +39.9%	₹2,181 Cr +6.8%	₹2,041 Cr +3.4%	₹1,974 Cr +15.6%	₹1,708 Cr -20.7%	₹2,154 Cr
Profit Before Tax	₹255 Cr +22.5%	₹208 Cr +44.4%	₹144 Cr +59.7%	₹90 Cr -33.0%	₹135 Cr -1.3%	₹137 Cr +109.5%	₹65 Cr -26.2%	₹88 Cr
	₹67 Cr +22.1%	₹55 Cr +40.9%	₹39 Cr +75.0%	₹22 Cr -33.0%	₹33 Cr -6.8%	₹36 Cr +267.2%	₹10 Cr -67.0%	₹30 Cr
Net Profit	₹188 Cr +22.6%	₹153 Cr +45.7%	₹105 Cr +54.6%	₹68 Cr -33.1%	₹102 Cr +0.7%	₹101 Cr +81.7%	₹56 Cr -5.7%	₹59 Cr
Profit (Owners)	₹188 Cr +22.6%	₹153 Cr +45.7%	₹105 Cr +54.6%	₹68 Cr -33.1%	₹102 Cr +0.7%	₹101 Cr +81.7%	₹56 Cr -5.7%	₹59 Cr
Other Comprehensive Income	₹7 Cr +37.7%	₹5 Cr +296.9%	₹1 Cr -63.0%	₹3 Cr ↑ Recovery	(₹4 Cr) -67.9%	(₹3 Cr) ↓ Decline	₹7 Cr +205.0%	₹2 Cr
EPS	₹26.91	₹23.66	₹16.24	₹11.31	₹17.16	₹17.66	₹9.72	₹10.30
Diluted Shares	₹8 Cr	₹6 Cr	₹6 Cr	₹6 Cr	₹6 Cr	₹6 Cr	₹6 Cr	₹6 Cr