Nifty
Sensex
:
:
25953.85
84233.64
18.70 (0.07%)
-40.28 (-0.05%)

Castings/Forgings

Rating :
69/99

BSE: 513269 | NSE: MANINDS

434.95
11-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  378.9
  •  445
  •  375.9
  •  377.20
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  19355039
  •  8283532940.7
  •  491
  •  201.55

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,260.67
  • 17.36
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,272.57
  • N/A
  • 1.61

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 43.21%
  • 7.40%
  • 33.67%
  • FII
  • DII
  • Others
  • 3.35%
  • 0.03%
  • 12.34%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.69
  • 11.00
  • 16.25

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.70
  • 8.00
  • 19.32

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.88
  • 8.72
  • 31.71

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.92
  • 13.02
  • 17.86

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 0.91
  • 1.09
  • 1.41

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.66
  • 5.22
  • 6.76

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
830.38
731.94
13.45%
834.09
806.23
3.46%
742.13
748.70
-0.88%
1,218.49
810.68
50.30%
Expenses
702.75
653.21
7.58%
712.99
742.50
-3.97%
693.02
710.93
-2.52%
1,097.30
752.31
45.86%
EBITDA
127.63
78.73
62.11%
121.10
63.73
90.02%
49.11
37.77
30.02%
121.19
58.37
107.62%
EBIDTM
15.37%
10.76%
14.52%
7.90%
6.62%
5.04%
9.95%
7.20%
Other Income
8.34
5.54
50.54%
-19.29
10.73
-
31.49
20.09
56.74%
15.46
14.34
7.81%
Interest
38.19
26.17
45.93%
30.21
20.88
44.68%
29.77
17.65
68.67%
34.94
24.80
40.89%
Depreciation
21.49
11.24
91.19%
22.17
10.77
105.85%
12.58
12.71
-1.02%
10.53
15.47
-31.93%
PBT
76.29
46.86
62.80%
49.43
42.81
15.46%
38.25
27.50
39.09%
91.18
32.44
181.07%
Tax
21.25
12.74
66.80%
12.45
10.95
13.70%
10.63
8.45
25.80%
23.03
8.31
177.14%
PAT
55.04
34.12
61.31%
36.98
31.86
16.07%
27.62
19.05
44.99%
68.15
24.13
182.43%
PATM
6.63%
4.66%
4.43%
3.95%
3.72%
2.54%
5.59%
2.98%
EPS
7.34
5.27
39.28%
4.93
4.92
0.20%
4.11
2.94
39.80%
10.53
3.73
182.31%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
3,625.09
3,505.35
3,142.18
2,231.34
2,138.63
2,080.20
1,759.28
2,221.71
1,607.52
1,060.49
1,390.73
Net Sales Growth
17.03%
11.56%
40.82%
4.34%
2.81%
18.24%
-20.81%
38.21%
51.58%
-23.75%
 
Cost Of Goods Sold
2,664.62
2,430.71
2,403.48
1,772.96
1,583.29
1,422.73
1,263.13
1,697.00
1,209.15
819.49
1,067.99
Gross Profit
960.47
1,074.64
738.70
458.37
555.34
657.47
496.14
524.71
398.38
241.01
322.74
GP Margin
26.50%
30.66%
23.51%
20.54%
25.97%
31.61%
28.20%
23.62%
24.78%
22.73%
23.21%
Total Expenditure
3,206.06
3,203.94
2,901.01
2,106.71
1,958.05
1,875.11
1,591.74
2,045.29
1,483.01
1,012.17
1,271.32
Power & Fuel Cost
-
40.53
43.36
27.18
28.91
31.36
26.21
43.45
30.08
19.07
17.65
% Of Sales
-
1.16%
1.38%
1.22%
1.35%
1.51%
1.49%
1.96%
1.87%
1.80%
1.27%
Employee Cost
-
65.26
57.79
49.55
43.86
44.32
46.36
46.38
37.13
37.70
35.51
% Of Sales
-
1.86%
1.84%
2.22%
2.05%
2.13%
2.64%
2.09%
2.31%
3.55%
2.55%
Manufacturing Exp.
-
390.72
118.50
99.83
144.41
58.41
75.32
77.74
84.30
53.98
29.69
% Of Sales
-
11.15%
3.77%
4.47%
6.75%
2.81%
4.28%
3.50%
5.24%
5.09%
2.13%
General & Admin Exp.
-
51.13
42.60
32.45
29.35
24.92
30.15
30.43
28.26
24.66
23.41
% Of Sales
-
1.46%
1.36%
1.45%
1.37%
1.20%
1.71%
1.37%
1.76%
2.33%
1.68%
Selling & Distn. Exp.
-
211.44
221.70
101.75
103.69
219.67
140.19
147.96
94.07
57.27
68.78
% Of Sales
-
6.03%
7.06%
4.56%
4.85%
10.56%
7.97%
6.66%
5.85%
5.40%
4.95%
Miscellaneous Exp.
-
14.16
13.57
22.98
24.53
73.70
10.38
2.32
0.03
0.00
68.78
% Of Sales
-
0.40%
0.43%
1.03%
1.15%
3.54%
0.59%
0.10%
0.00%
0%
2.03%
EBITDA
419.03
301.41
241.17
124.63
180.58
205.09
167.54
176.42
124.51
48.32
119.41
EBITDA Margin
11.56%
8.60%
7.68%
5.59%
8.44%
9.86%
9.52%
7.94%
7.75%
4.56%
8.59%
Other Income
36.00
51.82
52.05
51.36
37.08
30.79
16.96
22.43
56.80
72.38
67.53
Interest
133.11
99.63
87.83
41.03
37.30
52.80
64.42
64.49
43.03
36.32
56.49
Depreciation
66.77
45.25
61.09
45.50
45.40
46.38
52.32
45.93
39.21
40.07
37.10
PBT
255.15
208.35
144.30
89.46
134.96
136.69
67.76
88.43
99.07
44.31
93.35
Tax
67.36
55.18
39.16
22.42
33.38
35.84
9.75
29.59
31.68
10.74
6.87
Tax Rate
26.40%
26.48%
27.14%
25.06%
24.73%
26.22%
14.94%
33.46%
33.22%
24.24%
7.36%
PAT
187.79
153.17
105.14
67.04
101.58
100.85
55.50
58.84
63.69
33.57
86.47
PAT before Minority Interest
187.79
153.17
105.14
67.04
101.58
100.85
55.50
58.84
63.69
33.57
86.47
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
5.18%
4.37%
3.35%
3.00%
4.75%
4.85%
3.15%
2.65%
3.96%
3.17%
6.22%
PAT Growth
72.03%
45.68%
56.83%
-34.00%
0.72%
81.71%
-5.68%
-7.62%
89.72%
-61.18%
 
EPS
25.04
20.42
14.02
8.94
13.54
13.45
7.40
7.85
8.49
4.48
11.53

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
1,607.26
1,404.87
1,132.29
942.18
834.88
746.36
702.03
652.19
598.28
566.31
Share Capital
32.37
32.37
30.05
29.59
28.55
28.55
28.55
28.55
28.55
28.55
Total Reserves
1,563.43
1,361.03
1,102.24
911.09
801.45
717.81
673.48
623.64
569.73
537.76
Non-Current Liabilities
186.94
180.31
161.09
34.72
40.86
58.61
94.28
130.08
176.90
236.92
Secured Loans
106.88
134.58
127.86
3.66
2.03
15.33
49.16
89.58
131.33
190.50
Unsecured Loans
31.60
1.70
1.70
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
1.64
0.54
2.31
1.73
1.28
1.17
1.67
1.32
2.11
1.77
Current Liabilities
1,984.94
829.98
566.86
843.00
910.17
1,022.20
797.89
915.35
581.22
439.35
Trade Payables
1,200.41
502.75
339.98
754.86
517.57
561.28
563.38
577.78
211.78
219.59
Other Current Liabilities
509.18
165.57
69.35
35.54
100.60
222.86
62.33
142.72
137.48
133.58
Short Term Borrowings
272.18
154.59
150.71
44.62
277.26
224.78
151.30
174.17
225.41
76.67
Short Term Provisions
3.17
7.08
6.83
7.97
14.74
13.27
20.88
20.68
6.55
9.50
Total Liabilities
3,779.14
2,415.16
1,860.24
1,819.90
1,785.91
1,827.17
1,594.20
1,697.62
1,356.40
1,242.58
Net Block
641.72
603.60
551.07
318.33
336.70
368.31
396.42
355.41
345.56
349.13
Gross Block
1,075.02
993.11
890.03
620.03
593.17
578.43
555.65
471.58
423.05
386.56
Accumulated Depreciation
433.29
389.51
338.97
301.70
256.47
210.12
159.23
116.16
77.49
37.43
Non Current Assets
1,028.57
815.40
702.96
601.17
577.76
648.77
645.06
605.62
486.09
505.38
Capital Work in Progress
133.41
30.54
14.45
19.88
1.01
3.56
2.76
63.00
5.28
18.89
Non Current Investment
0.00
0.00
0.00
102.30
102.30
102.30
102.30
102.30
102.96
102.30
Long Term Loans & Adv.
204.19
167.50
126.37
152.23
134.20
160.30
138.40
80.27
30.93
22.90
Other Non Current Assets
47.82
12.33
9.37
8.43
3.55
14.30
5.18
4.65
1.36
12.16
Current Assets
2,750.57
1,599.75
1,157.28
1,218.73
1,208.15
1,178.39
949.14
1,091.99
870.30
737.19
Current Investments
25.95
227.98
0.32
0.00
0.63
0.02
0.05
0.57
0.89
1.33
Inventories
1,268.54
645.63
406.81
318.34
331.56
379.60
216.63
418.30
108.92
127.51
Sundry Debtors
895.89
355.10
493.93
544.34
655.95
449.99
555.25
382.71
340.61
266.80
Cash & Bank
379.18
254.85
170.21
240.12
102.16
221.60
47.25
66.66
154.76
167.75
Other Current Assets
181.01
13.35
13.42
14.46
117.85
127.18
129.95
223.76
265.12
173.80
Short Term Loans & Adv.
150.88
102.84
72.59
101.46
106.68
114.03
105.78
198.09
257.84
143.96
Net Current Assets
765.63
769.77
590.42
375.73
297.98
156.20
151.25
176.65
289.09
297.84
Total Assets
3,779.14
2,415.15
1,860.24
1,819.90
1,785.91
1,827.16
1,594.20
1,697.61
1,356.39
1,242.57

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
67.99
344.91
-120.30
450.94
-59.89
214.31
137.35
131.99
-74.78
204.82
PBT
208.35
144.30
89.99
134.96
136.69
65.26
88.43
95.33
44.31
93.35
Adjustment
155.83
122.92
93.67
78.59
146.54
128.05
103.60
57.00
43.18
45.47
Changes in Working Capital
-243.56
110.80
-277.18
283.17
-306.49
47.79
-27.88
0.40
-146.88
83.96
Cash after chg. in Working capital
120.62
378.02
-93.51
496.73
-23.26
241.10
164.16
152.73
-59.39
222.78
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-52.63
-33.12
-26.79
-45.80
-36.64
-26.79
-26.81
-20.75
-15.39
-17.96
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-41.33
-279.31
-135.49
-119.06
4.26
-46.34
0.16
-104.92
20.59
2.41
Net Fixed Assets
-99.74
-98.80
-194.59
-35.78
-12.21
-23.53
-23.77
-108.78
-22.93
328.22
Net Investments
152.56
-232.04
-2.86
-0.49
0.44
-2.63
-1.11
-24.76
-0.19
-2.65
Others
-94.15
51.53
61.96
-82.79
16.03
-20.18
25.04
28.62
43.71
-323.16
Cash from Financing Activity
29.63
86.03
210.68
-267.22
-63.10
-36.86
-138.03
-115.17
41.20
-187.90
Net Cash Inflow / Outflow
56.29
151.63
-45.10
64.65
-118.74
131.11
-0.52
-88.10
-12.99
19.33
Opening Cash & Equivalents
188.60
36.97
82.07
17.29
136.03
4.92
5.44
154.76
167.75
148.42
Closing Cash & Equivalent
244.88
188.60
36.97
81.95
17.29
136.03
4.92
66.66
154.76
167.75

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
246.51
215.25
188.39
158.95
145.35
130.70
122.94
114.21
104.77
99.17
ROA
4.95%
4.92%
3.64%
5.63%
5.58%
3.24%
3.57%
4.17%
2.58%
6.31%
ROE
10.25%
8.33%
6.47%
11.47%
12.79%
7.66%
8.69%
10.19%
5.77%
16.49%
ROCE
16.31%
14.78%
10.79%
16.33%
17.68%
13.16%
15.56%
13.40%
8.21%
15.80%
Fixed Asset Turnover
3.39
3.34
2.96
3.53
3.55
3.10
4.33
3.59
2.62
2.36
Receivable days
65.13
49.31
84.92
102.43
97.03
104.28
77.05
82.12
104.53
98.65
Inventory Days
99.66
61.13
59.31
55.46
62.39
61.85
52.16
59.85
40.69
52.43
Payable days
127.87
63.99
112.70
146.67
138.39
124.38
102.21
93.38
75.62
89.46
Cash Conversion Cycle
36.91
46.45
31.53
11.22
21.03
41.75
26.99
48.59
69.60
61.62
Total Debt/Equity
0.29
0.22
0.26
0.05
0.34
0.37
0.35
0.56
0.75
0.62
Interest Cover
3.09
2.64
3.18
4.62
3.59
2.01
2.37
3.22
2.22
2.65

News Update:


  • Man Industries - Quarterly Results
    10th Feb 2026, 00:00 AM

    Read More
  • Man Industries bags new orders worth around Rs 550 crore
    12th Jan 2026, 09:07 AM

    These orders are expected to be delivered within 6 months

    Read More
  • Man Industries enters into MoU with Aramco Asia India
    20th Nov 2025, 15:28 PM

    The MoU aims to explore and extend the close cooperation in respect of commercial feasibility and business potential of setting up a manufacturing facility in Saudi Arabia

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.