Man Industries (India) financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,053cr+41.9% on Q1 FY26
Net profit
₹61.4cr+122.6% on Q1 FY26
EBITDA margin
13.6%+7.0 pts on Q1 FY26
EPS
₹8.19+98.3% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,053742+41.9%
EBITDA14349.1+192.1%
EBITDA margin13.6%6.6%+7.0 pts
Profit before tax85.538.3+123.4%
Net profit61.427.6+122.6%
EPS₹8.19₹4.13+98.3%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,053 crNet profit₹61.4 crNet margin5.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
5,580————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
26026027141737.2
500500456308294
5,820————
3,8753,5643,5053,1422,231
—+1.7%+11.6%+40.8%—
532439301241137
13.7%12.3%8.6%7.7%6.2%
43636025618091.9
20417015310568.0
5.3%4.8%4.4%3.4%3.1%
₹27.24₹22.73₹20.42₹14.02₹9.07
—+11.3%+45.7%+54.6%—
—47266.9257−119
—−340−154−120−207
132132−87.4137−326
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MANINDS₹744.00

Man Industries (India) Limited

· Capital Goods & Defence
₹ CrorePeersSBCLSUNFLAGBANSALWIREAEROFLEXGOODLUCKTIILKIRLOSINDKSLMcap ₹5,580 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————5,580.0
- Cash, Equiv & ST Investments37.2416.6270.8260.0260.0
+ Total Debt293.6308.5456.0499.6499.6
Enterprise Value————5,819.7
Revenue2,231.33,142.23,505.43,563.93,874.9
Growth %, YoY—+40.8+11.6+1.7—
EBITDA137.2241.2301.4439.3531.9
Margin %6.157.688.6012.3313.73
EBIT91.9180.1256.2360.4435.7
Net Income68.0105.1153.2170.5204.3
Margin %3.053.354.374.785.27
EPS, Adj (current shares)9.0714.0220.4222.7327.24
Growth %, YoY—+54.6+45.7+11.3—
Cash from Operations-118.8257.566.9472.2—
Capital Expenditures-207.2-120.4-154.3-340.3—
Free Cash Flow-326.0137.0-87.4132.0132.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Man Industries financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Man Industries (NSE: MANINDS) had a market capitalisation of ₹5,443 crore at the 30 October 2026 close (₹725.70 a share), a PE ratio of 26.6 on the last four quarters' profit and a price-to-book ratio of 2.61. In FY26 its consolidated net profit was ₹170 crore on revenue of ₹3,564 crore; in Q1 FY27 (April–June 2026) it was ₹61.4 crore, up 122.5% year on year. Its debt-to-equity ratio was 0.24 on 31 March 2026. Promoters held 43.21% of the shares on 30 September 2026.

Man Industries Q1 FY27 results
filed 11 August 2026
Share price used
₹725.70 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Man Industries at a glance · consolidated

Market cap
₹5,443 Crat ₹725.70 · 30 Oct close
PE ratio (last 4 quarters)
26.631.9 on FY26 profit
Price to book (PB)
2.61book value ₹278.21 a share
ROE (FY26)
9.2%−0.9 pts vs FY25ROCE 17.1%
Debt to equity
0.24net cash ₹228 Cr
Promoter holding
43.21%unchanged vs 30 Jun 202630 September 2026
Net worth
₹2,087 Cr+29.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹132 Cr
EPS (FY26)
₹23.65

Questions

What is the Man Industries PE ratio today?

Man Industries' PE ratio is 26.6 at the 30 October 2026 close (₹725.70 a share): a market capitalisation of ₹5,443 crore divided by consolidated net profit of ₹204 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹170 crore) it is 31.9.

What is the Man Industries debt to equity ratio?

Man Industries' debt-to-equity ratio was 0.24 on 31 March 2026: borrowings of ₹500 crore against total equity of ₹2,087 crore. A year earlier, on 31 March 2025, it was 0.28.

What is the Man Industries net worth?

Man Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,087 crore on 31 March 2026, up 29.8% from ₹1,607 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹5,443 crore at the 30 October 2026 close.

What is the Man Industries PB ratio (price to book value)?

Man Industries' price-to-book (PB) ratio is 2.61 at the 30 October 2026 close: a market capitalisation of ₹5,443 crore divided by shareholders' equity (book value) of ₹2,087 crore on 31 March 2026. That is a book value of ₹278.21 per share against a share price of ₹725.70.

What is the Man Industries ROE and ROCE?

In FY26, Man Industries' return on equity (ROE) was 9.2% and its return on capital employed (ROCE) was 17.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.2% and ROCE 15.2%.

What is the Man Industries book value per share?

Man Industries' book value per share was ₹278.21 on 31 March 2026: shareholders' equity of ₹2,087 crore divided by the 7.5 crore shares in issue. The share price at the 30 October 2026 close was ₹725.70.

What is the Man Industries market cap?

Man Industries' market capitalisation was ₹5,443 crore at the 30 October 2026 close: 7.5 crore shares at ₹725.70 each.

Is Man Industries debt free?

No. Man Industries had borrowings of ₹500 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.24. Its cash and current investments were ₹728 crore, so it held net cash of ₹228 crore.

What is the Man Industries EPS?

Man Industries' basic earnings per share (EPS) were ₹23.65 in FY26, against ₹23.66 in FY25.

What is the Man Industries promoter holding?

Promoters held 43.21% of Man Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Man Industries free cash flow?

In FY26, Man Industries generated ₹472 crore of cash from operations and spent ₹340 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹132 crore. In FY25 it was −₹87.4 crore.

When are the Man Industries next results?

Man Industries has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

What is the Man Industries shareholding pattern?

On 30 September 2026, Man Industries' shares were held by promoters 43.21%, foreign portfolio investors (FII/FPI) 3.49%, domestic institutions (DII) 1.18% (including mutual funds at 0.00%) and retail and other non-institutional investors 52.12%. Over the year, FII holding was up 1.17 percentage points from 2.32% and DII holding was down 0.51 percentage points from 1.69%.

What are the Man Industries latest quarterly results?

Man Industries' latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹61.4 crore, up 122.5% from ₹27.6 crore in Q1 FY26; revenue from operations ₹1,053 crore, up 41.9% year on year.

How does the Man Industries PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Man Industries' PE ratio is 31.9, the third highest of the four: Shivalik Bimetal Controls 60.9, Sunflag Iron And Steel 34.9 and Bansal Wire Industries 27.9, a peer average of 41.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the Man Industries revenue and profit in FY26?

In FY26 (April 2025–March 2026), Man Industries' consolidated net profit was ₹170 crore, up 11.3% from ₹153 crore in FY25, on revenue from operations of ₹3,564 crore (up 1.7%). Over three years, from FY23, net profit was up 150.7%.

How does Man Industries compare with its peers?

On FY26 consolidated figures, against Shivalik Bimetal Controls, Sunflag Iron And Steel and Bansal Wire Industries: Man Industries' operating margin of 10.1% is the second highest of the four (Shivalik Bimetal Controls 20.5%, Sunflag Iron And Steel 9.2%, Bansal Wire Industries 6.1%; peer average 11.9%); its return on equity of 9.2% is the third highest of the four (Shivalik Bimetal Controls 21.6%, Sunflag Iron And Steel 2.3%, Bansal Wire Industries 11.9%; peer average 11.9%).

Man Industries vs Shivalik Bimetal Controls: how do they compare?

In FY26, Man Industries earned net profit of ₹170 crore on revenue of ₹3,564 crore, against ₹95.9 crore on ₹571 crore for Shivalik Bimetal Controls. Man Industries' operating margin was 10.1% (Shivalik Bimetal Controls 20.5%) and its return on equity 9.2% (Shivalik Bimetal Controls 21.6%). At the 30 October 2026 close, Man Industries' market capitalisation was ₹5,443 crore against ₹5,838 crore for Shivalik Bimetal Controls, and its PE ratio on FY26 profit 31.9 against 60.9.

Where do these Man Industries figures come from?

From Man Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.