Man Industries (India) Limited (IN:MANINDS)
:MANINDS
Want to see IN:MANINDS full AI Analyst Report?
MANINDS Stock Chart & Stats
₹396.80
₹22.50(6.85%)
At close: 4:00 PM EST
₹396.80
₹22.50(6.85%)
Day’s Range― - ―
52-Week Range₹302.30 - ₹607.00
Previous CloseN/A
Volume764.68K
Average Volume (3M)54.30K
Market Cap
₹38.27B
Enterprise Value₹37.25B
Total Cash (Recent Filing)₹4.80B
Total Debt (Recent Filing)₹5.61B
Price to Earnings (P/E)21.7
Beta2.44
Next Earnings
Aug 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)23.47
Shares Outstanding75,009,570
10 Day Avg. Volume31,399
30 Day Avg. Volume54,305
Financial Highlights & Ratios
PEG Ratio-318.49
Price to Book (P/B)1.10
Price to Sales (P/S)0.64
P/FCF Ratio57.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)32.9
Revenue Forecast (FY)₹45.09B
Bulls Say, Bears Say
Bulls Say
Revenue Growth & Profit RecoverySustained top-line scaling with meaningful profitability improvement into 2026 indicates the business is absorbing fixed costs and improving operating efficiency. Over a 2–6 month horizon this supports more durable earnings capacity, better project execution economics, and greater ability to convert contracts into sustainable profits.
Manageable Leverage And Stronger Equity BaseA relatively low debt-to-equity and expanding equity base provide financial flexibility to fund working capital and bid larger projects without excessive refinancing risk. This balance-sheet strength supports durable access to capital and reduces vulnerability to interest-cost shocks over medium-term cycles.
Structural End-Market DemandFocus on large-diameter pipes for oil & gas, water transmission and infrastructure aligns the company with multi-year project pipelines and specialized demand. This structural end-market exposure creates repeatable order opportunities and higher barriers to entry versus commodity steel products, supporting durable revenue sources.
Bears Say
Inconsistent Cash GenerationVolatile operating cash flow and weak free cash flow relative to reported earnings reduce the quality and reliability of profits. Persistent swings—driven by working-capital and capex timing—limit the company's ability to self-fund growth, cushion downturns, and deleverage, increasing medium-term financing risk.
Margin Volatility And Cyclical ExposureProfitability is sensitive to input-cost swings and project mix, producing uneven margins across cycles. This structural cyclicality undermines predictability of earnings and constrains long-term return visibility, making operational planning and sustained margin improvement more challenging over the next several months.
Rising Absolute Debt Heightens Downturn RiskAlthough leverage ratios appear manageable, higher absolute debt raises fixed obligations and refinancing needs. Coupled with cyclical demand and uneven cash flow, increased nominal debt amplifies solvency and liquidity risk during sector slowdowns and may limit flexibility to pursue large contracts or absorb prolonged downturns.
Man Industries (India) Limited News
MANINDS FAQ
What was Man Industries (India) Limited’s price range in the past 12 months?
Man Industries (India) Limited lowest stock price was ₹302.30 and its highest was ₹607.00 in the past 12 months.
What is Man Industries (India) Limited’s market cap?
Man Industries (India) Limited’s market cap is ₹38.27B.
When is Man Industries (India) Limited’s upcoming earnings report date?
Man Industries (India) Limited’s upcoming earnings report date is Aug 10, 2026 which is in 59 days.
How were Man Industries (India) Limited’s earnings last quarter?
Man Industries (India) Limited released its earnings results on May 25, 2026. The company reported ₹6.78 earnings per share for the quarter, beating the consensus estimate of N/A by ₹6.78.
Is Man Industries (India) Limited overvalued?
According to Wall Street analysts Man Industries (India) Limited’s price is currently Overvalued.
Does Man Industries (India) Limited pay dividends?
Man Industries (India) Limited pays a Notavailable dividend of ₹2 which represents an annual dividend yield of N/A. See more information on Man Industries (India) Limited dividends here
What is Man Industries (India) Limited’s EPS estimate?
Man Industries (India) Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Man Industries (India) Limited have?
Man Industries (India) Limited has 75,009,570 shares outstanding.
What happened to Man Industries (India) Limited’s price movement after its last earnings report?
Man Industries (India) Limited reported an EPS of ₹6.78 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.124%.
Which hedge fund is a major shareholder of Man Industries (India) Limited?
Currently, no hedge funds are holding shares in IN:MANINDS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Man Industries (India) Limited
Man Industries (India) Limited, established in 1988 and headquartered in Mumbai, India, is engaged in the production, processing, and domestic distribution of submerged arc welded (SAW) pipes and other steel goods. The company manufactures longitudinal SAW (LSAW) line pipes, which are essential for applications within the oil, gas, petrochemical, fertilizer, and dredging industries. Additionally, they produce helical SAW (HSAW) line pipes, serving various sectors including oil and gas transport, water infrastructure, sewage systems, agriculture, construction, and specialized high-pressure requirements. To ensure durability and performance, Man Industries provides a comprehensive range of protective coating systems, such as internal blasting and painting, concrete weight coatings, coal tar enamel, single-layer fusion-bonded epoxy, and multi-layer polyethylene and polypropylene solutions. The company also extends its sales reach through international exports.
Technical Analysis
APL Apollo Tubes Limited
―
Jindal Saw Limited
―
Ratnamani Metals & Tubes Ltd.
―
Surya Roshni Limited
―
Welspun Corp Limited
―