Nifty
:
26046.95
Sensex
:
85267.66
148.40 (0.57%)
449.53 (0.53%)
Nifty
Sensex
:
:
26046.95
85267.66
148.40 (0.57%)
449.53 (0.53%)

Man Industries (India) Ltd.

Castings/Forgings

Rating :
67/99

BSE: 513269 | NSE: MANINDS

NSE BSE
443.40
12-Dec-2025
  • Open
  • High
  • Low
  • Previous Close
  •  448.95
  •  448.95
  •  438
  •  443.80
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  146648
  •  64739263.6
  •  491
  •  201.55

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,325.17
  • 19.93
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,337.08
  • N/A
  • 1.69

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 43.21%
  • 6.91%
  • 35.06%
  • FII
  • DII
  • Others
  • 2.32%
  • 0.03%
  • 12.47%

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
  • 12.33
  • 17.79

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 0.90
  • 1.07
  • 1.36

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.69
  • 5.08
  • 6.48

Earnings Forecasts:

(Updated: 13-12-2025)
Description
2024
2025
2026
2027
Adj EPS
23.66
38.7
86.1
106
P/E Ratio
18.74
11.46
5.15
4.18
Revenue
3470.19
4206.4
6561.2
7620.8
EBITDA
266.25
495.6
1006.9
1210.3
Net Income
153.17
289
642.6
790.7
ROA
4.95
P/B Ratio
1.79
ROE
10.17
15.5
26.4
25.1
FCFF
-197.6
FCFF Yield
-5.98
Net Debt
71.09
BVPS
248.28

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
834.09
806.23
3.46%
742.13
748.70
-0.88%
1,218.49
810.68
50.30%
731.94
833.02
-12.13%
Expenses
712.99
742.50
-3.97%
693.02
710.93
-2.52%
1,097.30
752.31
45.86%
653.21
768.30
-14.98%
EBITDA
121.10
63.73
90.02%
49.11
37.77
30.02%
121.19
58.37
107.62%
78.73
64.72
21.65%
EBIDTM
14.52%
7.90%
6.62%
5.04%
9.95%
7.20%
10.76%
7.77%
Other Income
-19.29
10.73
-
31.49
20.09
56.74%
15.46
14.34
7.81%
5.54
14.35
-61.39%
Interest
30.21
20.88
44.68%
29.77
17.65
68.67%
34.94
24.80
40.89%
26.17
20.32
28.79%
Depreciation
22.17
10.77
105.85%
12.58
12.71
-1.02%
10.53
15.47
-31.93%
11.24
15.53
-27.62%
PBT
49.43
42.81
15.46%
38.25
27.50
39.09%
91.18
32.44
181.07%
46.86
43.22
8.42%
Tax
12.45
10.95
13.70%
10.63
8.45
25.80%
23.03
8.31
177.14%
12.74
12.62
0.95%
PAT
36.98
31.86
16.07%
27.62
19.05
44.99%
68.15
24.13
182.43%
34.12
30.60
11.50%
PATM
4.43%
3.95%
3.72%
2.54%
5.59%
2.98%
4.66%
3.67%
EPS
4.93
4.92
0.20%
4.11
2.94
39.80%
10.53
3.73
182.31%
5.27
5.09
3.54%

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
3,526.65
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
10.26%
11.56%
40.82%
4.34%
2.81%
18.24%
-20.81%
38.21%
51.58%
-23.75%
 
Cost Of Goods Sold
2,689.36
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
837.29
1,074.64
738.70
458.37
555.34
657.47
496.14
524.71
398.38
241.01
322.74
GP Margin
23.74%
30.66%
23.51%
20.54%
25.97%
31.61%
28.20%
23.62%
24.78%
22.73%
23.21%
Total Expenditure
3,156.52
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
370.13
301.41
241.17
124.63
180.58
205.09
167.54
176.42
124.51
48.32
119.41
EBITDA Margin
10.50%
8.60%
7.68%
5.59%
8.44%
9.86%
9.52%
7.94%
7.75%
4.56%
8.59%
Other Income
33.20
51.82
52.05
51.36
37.08
30.79
16.96
22.43
56.80
72.38
67.53
Interest
121.09
99.63
87.83
41.03
37.30
52.80
64.42
64.49
43.03
36.32
56.49
Depreciation
56.52
45.25
61.09
45.50
45.40
46.38
52.32
45.93
39.21
40.07
37.10
PBT
225.72
208.35
144.30
89.46
134.96
136.69
67.76
88.43
99.07
44.31
93.35
Tax
58.85
55.18
39.16
22.42
33.38
35.84
9.75
29.59
31.68
10.74
6.87
Tax Rate
26.07%
26.48%
27.14%
25.06%
24.73%
26.22%
14.94%
33.46%
33.22%
24.24%
7.36%
PAT
166.87
153.17
105.14
67.04
101.58
100.85
55.50
58.84
63.69
33.57
86.47
PAT before Minority Interest
166.87
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
4.73%
4.37%
3.35%
3.00%
4.75%
4.85%
3.15%
2.65%
3.96%
3.17%
6.22%
PAT Growth
57.96%
45.68%
56.83%
-34.00%
0.72%
81.71%
-5.68%
-7.62%
89.72%
-61.18%
 
EPS
22.25
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

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • 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.