Nifty
Sensex
:
:
25330.25
82693.71
91.15 (0.36%)
313.02 (0.38%)

Castings/Forgings

Rating :
68/99

BSE: 513269 | NSE: MANINDS

425.70
17-Sep-2025
  • Open
  • High
  • Low
  • Previous Close
  •  415
  •  430
  •  415
  •  415.50
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  347753
  •  147096377
  •  468
  •  201.55

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,177.03
  • 19.64
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,253.80
  • N/A
  • 1.64

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 48.21%
  • 3.81%
  • 35.25%
  • FII
  • DII
  • Others
  • 2.19%
  • 0.04%
  • 10.50%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.70
  • 12.30
  • 13.68

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.76
  • 7.56
  • 5.96

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.63
  • 13.63
  • 1.15

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.91
  • 8.68
  • 16.75

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 0.88
  • 1.01
  • 1.28

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.66
  • 4.81
  • 5.96

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
742.13
748.70
-0.88%
1,218.49
810.68
50.30%
731.94
833.02
-12.13%
806.23
1,018.00
-20.80%
Expenses
693.02
710.93
-2.52%
1,097.30
752.31
45.86%
653.21
768.30
-14.98%
742.50
948.37
-21.71%
EBITDA
49.11
37.77
30.02%
121.19
58.37
107.62%
78.73
64.72
21.65%
63.73
69.63
-8.47%
EBIDTM
6.62%
5.04%
9.95%
7.20%
10.76%
7.77%
7.90%
6.84%
Other Income
31.49
20.09
56.74%
15.46
14.34
7.81%
5.54
14.35
-61.39%
10.73
21.17
-49.32%
Interest
29.77
17.65
68.67%
34.94
24.80
40.89%
26.17
20.32
28.79%
20.88
21.88
-4.57%
Depreciation
12.58
12.71
-1.02%
10.53
15.47
-31.93%
11.24
15.53
-27.62%
10.77
14.85
-27.47%
PBT
38.25
27.50
39.09%
91.18
32.44
181.07%
46.86
43.22
8.42%
42.81
54.07
-20.82%
Tax
10.63
8.45
25.80%
23.03
8.31
177.14%
12.74
12.62
0.95%
10.95
15.03
-27.15%
PAT
27.62
19.05
44.99%
68.15
24.13
182.43%
34.12
30.60
11.50%
31.86
39.04
-18.39%
PATM
3.72%
2.54%
5.59%
2.98%
4.66%
3.67%
3.95%
3.84%
EPS
4.11
2.94
39.80%
10.53
3.73
182.31%
5.27
5.09
3.54%
4.92
6.50
-24.31%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
3,498.79
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
1,364.02
Net Sales Growth
2.59%
40.82%
4.34%
2.81%
18.24%
-20.81%
38.21%
51.58%
-23.75%
1.96%
 
Cost Of Goods Sold
2,702.82
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
1,073.52
Gross Profit
795.97
738.70
458.37
555.34
657.47
496.14
524.71
398.38
241.01
322.74
290.50
GP Margin
22.75%
23.51%
20.54%
25.97%
31.61%
28.20%
23.62%
24.78%
22.73%
23.21%
21.30%
Total Expenditure
3,186.03
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
1,249.75
Power & Fuel Cost
-
43.36
27.18
28.91
31.36
26.21
43.45
30.08
19.07
17.65
15.46
% Of Sales
-
1.38%
1.22%
1.35%
1.51%
1.49%
1.96%
1.87%
1.80%
1.27%
1.13%
Employee Cost
-
57.79
49.55
43.86
44.32
46.36
46.38
37.13
37.70
35.51
34.09
% Of Sales
-
1.84%
2.22%
2.05%
2.13%
2.64%
2.09%
2.31%
3.55%
2.55%
2.50%
Manufacturing Exp.
-
118.50
99.83
144.41
58.41
75.32
77.74
84.30
53.98
29.69
40.85
% Of Sales
-
3.77%
4.47%
6.75%
2.81%
4.28%
3.50%
5.24%
5.09%
2.13%
2.99%
General & Admin Exp.
-
42.60
32.45
29.35
24.92
30.15
30.43
28.26
24.66
23.41
20.19
% Of Sales
-
1.36%
1.45%
1.37%
1.20%
1.71%
1.37%
1.76%
2.33%
1.68%
1.48%
Selling & Distn. Exp.
-
221.70
101.75
103.69
219.67
140.19
147.96
94.07
57.27
68.78
60.30
% Of Sales
-
7.06%
4.56%
4.85%
10.56%
7.97%
6.66%
5.85%
5.40%
4.95%
4.42%
Miscellaneous Exp.
-
13.57
22.98
24.53
73.70
10.38
2.32
0.03
0.00
28.30
60.30
% Of Sales
-
0.43%
1.03%
1.15%
3.54%
0.59%
0.10%
0.00%
0%
2.03%
0.39%
EBITDA
312.76
241.17
124.63
180.58
205.09
167.54
176.42
124.51
48.32
119.41
114.27
EBITDA Margin
8.94%
7.68%
5.59%
8.44%
9.86%
9.52%
7.94%
7.75%
4.56%
8.59%
8.38%
Other Income
63.22
52.05
51.36
37.08
30.79
16.96
22.43
56.80
72.38
67.53
34.56
Interest
111.76
87.83
41.03
37.30
52.80
64.42
64.49
43.03
36.32
56.49
45.90
Depreciation
45.12
61.09
45.50
45.40
46.38
52.32
45.93
39.21
40.07
37.10
42.56
PBT
219.10
144.30
89.46
134.96
136.69
67.76
88.43
99.07
44.31
93.35
60.38
Tax
57.35
39.16
22.42
33.38
35.84
9.75
29.59
31.68
10.74
6.87
10.00
Tax Rate
26.18%
27.14%
25.06%
24.73%
26.22%
14.94%
33.46%
33.22%
24.24%
7.36%
16.56%
PAT
161.75
105.14
67.04
101.58
100.85
55.50
58.84
63.69
33.57
86.47
50.38
PAT before Minority Interest
161.75
105.14
67.04
101.58
100.85
55.50
58.84
63.69
33.57
86.47
50.38
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
4.62%
3.35%
3.00%
4.75%
4.85%
3.15%
2.65%
3.96%
3.17%
6.22%
3.69%
PAT Growth
43.37%
56.83%
-34.00%
0.72%
81.71%
-5.68%
-7.62%
89.72%
-61.18%
71.64%
 
EPS
24.07
15.65
9.98
15.12
15.01
8.26
8.76
9.48
5.00
12.87
7.50

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
1,404.87
1,132.29
942.18
834.88
746.36
702.03
652.19
598.28
566.31
482.46
Share Capital
32.37
30.05
29.59
28.55
28.55
28.55
28.55
28.55
28.55
28.55
Total Reserves
1,361.03
1,102.24
911.09
801.45
717.81
673.48
623.64
569.73
537.76
453.91
Non-Current Liabilities
180.31
161.09
34.72
40.86
58.61
94.28
130.08
176.90
236.92
374.47
Secured Loans
134.58
127.86
3.66
2.03
15.33
49.16
89.58
131.33
190.50
315.06
Unsecured Loans
1.70
1.70
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.70
Long Term Provisions
0.54
2.31
1.73
1.28
1.17
1.67
1.32
2.11
1.77
14.44
Current Liabilities
829.98
566.86
843.00
910.17
1,022.20
797.89
915.35
581.22
439.35
642.40
Trade Payables
502.75
339.98
754.86
517.57
561.28
563.38
577.78
211.78
219.59
399.32
Other Current Liabilities
160.39
69.35
35.54
100.60
222.86
62.33
142.72
137.48
133.58
104.41
Short Term Borrowings
154.59
150.71
44.62
277.26
224.78
151.30
174.17
225.41
76.67
119.54
Short Term Provisions
12.25
6.83
7.97
14.74
13.27
20.88
20.68
6.55
9.50
19.12
Total Liabilities
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
1,499.33
Net Block
603.60
551.07
318.33
336.70
368.31
396.42
355.41
345.56
349.13
416.46
Gross Block
1,001.42
890.03
620.03
593.17
578.43
555.65
471.58
423.05
386.56
790.84
Accumulated Depreciation
397.82
338.97
301.70
256.47
210.12
159.23
116.16
77.49
37.43
374.37
Non Current Assets
817.67
702.96
601.17
577.76
648.77
645.06
605.62
486.09
505.38
474.27
Capital Work in Progress
30.54
14.45
19.88
1.01
3.56
2.76
63.00
5.28
18.89
3.40
Non Current Investment
0.00
0.00
102.30
102.30
102.30
102.30
102.30
102.96
102.30
1.72
Long Term Loans & Adv.
167.50
126.37
152.23
134.20
160.30
138.40
80.27
30.93
22.90
44.08
Other Non Current Assets
14.60
9.37
8.43
3.55
14.30
5.18
4.65
1.36
12.16
8.60
Current Assets
1,597.48
1,157.28
1,218.73
1,208.15
1,178.39
949.14
1,091.99
870.30
737.19
1,025.06
Current Investments
227.98
0.32
0.00
0.63
0.02
0.05
0.57
0.89
1.33
0.89
Inventories
645.63
406.81
318.34
331.56
379.60
216.63
418.30
108.92
127.51
272.32
Sundry Debtors
355.10
493.93
544.34
655.95
449.99
555.25
382.71
340.61
266.80
485.45
Cash & Bank
254.85
170.21
240.12
102.16
221.60
47.25
66.66
154.76
167.75
148.31
Other Current Assets
113.93
13.42
14.46
11.17
127.18
129.95
223.76
265.12
173.80
118.08
Short Term Loans & Adv.
98.80
72.59
101.46
106.68
114.03
105.78
198.09
257.84
143.96
109.59
Net Current Assets
767.51
590.42
375.73
297.98
156.20
151.25
176.65
289.09
297.84
382.66
Total Assets
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
1,499.33

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
257.46
-120.30
450.94
-59.89
214.31
137.35
131.99
-74.78
204.82
64.41
PBT
153.56
89.99
134.96
136.69
65.26
88.43
95.33
44.31
93.35
62.46
Adjustment
116.77
93.67
78.59
146.54
128.05
103.60
57.00
43.18
45.47
-160.56
Changes in Working Capital
20.61
-277.18
283.17
-306.49
47.79
-27.88
0.40
-146.88
83.96
175.81
Cash after chg. in Working capital
290.95
-93.51
496.73
-23.26
241.10
164.16
152.73
-59.39
222.78
77.71
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-33.49
-26.79
-45.80
-36.64
-26.79
-26.81
-20.75
-15.39
-17.96
-13.31
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
-263.69
-135.49
-119.06
4.26
-46.34
0.16
-104.92
20.59
2.41
-60.58
Net Fixed Assets
-98.80
-194.59
-35.78
-12.21
-23.53
-23.77
-108.78
-22.93
328.22
-16.75
Net Investments
-232.04
-2.86
-0.49
0.44
-2.63
-1.11
-24.76
-0.19
-2.65
-81.29
Others
67.15
61.96
-82.79
16.03
-20.18
25.04
28.62
43.71
-323.16
37.46
Cash from Financing Activity
157.86
210.68
-267.22
-63.10
-36.86
-138.03
-115.17
41.20
-187.90
-34.63
Net Cash Inflow / Outflow
151.63
-45.10
64.65
-118.74
131.11
-0.52
-88.10
-12.99
19.33
-30.80
Opening Cash & Equivalents
36.97
82.07
17.29
136.03
4.92
5.44
154.76
167.75
148.42
179.11
Closing Cash & Equivalent
188.60
36.97
81.95
17.29
136.03
4.92
66.66
154.76
167.75
148.31

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
215.25
188.39
158.95
145.35
130.70
122.94
114.21
104.77
99.17
84.49
ROA
4.92%
3.64%
5.63%
5.58%
3.24%
3.57%
4.17%
2.58%
6.31%
3.28%
ROE
8.33%
6.47%
11.47%
12.79%
7.66%
8.69%
10.19%
5.77%
16.49%
8.81%
ROCE
14.78%
10.79%
16.33%
17.68%
13.16%
15.56%
13.40%
8.21%
15.80%
10.24%
Fixed Asset Turnover
3.32
2.96
3.53
3.55
3.10
4.33
3.59
2.62
2.36
1.84
Receivable days
49.31
84.92
102.43
97.03
104.28
77.05
82.12
104.53
98.65
103.50
Inventory Days
61.13
59.31
55.46
62.39
61.85
52.16
59.85
40.69
52.43
51.02
Payable days
63.99
112.70
146.67
138.39
124.38
102.21
93.38
75.62
89.46
110.56
Cash Conversion Cycle
46.45
31.53
11.22
21.03
41.75
26.99
48.59
69.60
61.62
43.96
Total Debt/Equity
0.22
0.26
0.05
0.34
0.37
0.35
0.56
0.75
0.62
1.03
Interest Cover
2.64
3.18
4.62
3.59
2.01
2.37
3.22
2.22
2.65
2.32

News Update:


  • Man Industries (India) bags new export order worth Rs 1700 crore
    3rd Sep 2025, 10:30 AM

    The total unexecuted order book stands at around Rs 4700 crore

    Read More
  • Man Industries - Quarterly Results
    11th Aug 2025, 19:19 PM

    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.