Man Industries (India) Limited (MANINDS) fundamentals

Man Industries (India) Limited is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as MANINDS (ISIN INE993A01026). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Man Industries (India) Limited does

Man Industries (India) Limited is an India-based company, which is engaged in the business of manufacturing, processing, and trading of submerged arc welded steel pipes and steel products. It specializes in the manufacturing and coating of large-diameter carbon steel pipes, alongside ventures in infrastructure, realty, and trading. The Company’s segments are Manufacturing and trading in Steel Products and Real Estate. The Company’s LSAW pipes are approximately 16 inches to 56 inches in diameter. LSAW pipes have a maximum length of about 12.20 meters. It also provides various options for coating systems, which include external coating system and internal coating system. It offers external coatings and internal linings that protect steel pipes against corrosion and mechanical impact. The Company’s subsidiaries include Merino Shelters Private Limited, Man Stainless Steel Tubes Limited, Man Overseas Metals DMCC, Man International Steel Industrial Company, and Man USA Inc.

Valuation and market data

Last close₹866.10
Market capitalisation₹5,607 crore
Enterprise value₹5,549 crore
P/E (TTM)0.00
Price to book3.49
Price to sales (TTM)1.44
Book value per share₹248.27
Dividend yield0.00%
SectorCapital Goods
IndustryIndustrial Products
Listed sinceFri Jun 24

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹3,592 crore₹237 crore₹170 crore0.00
Mar 2025₹3,557 crore₹208 crore₹153 crore23.66
Mar 2024₹3,194 crore₹144 crore₹105 crore17.42
Mar 2023₹2,270 crore₹89 crore₹67 crore11.17
Mar 2022₹2,176 crore₹135 crore₹102 crore17.78

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters43.2%
Foreign institutions (FII)2.9%
Mutual funds0.0%
Other domestic institutions1.4%
Retail and others52.5%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.