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MAN INDUSTRIES (I)

MAN INDUSTRIES (I) Latest Share Price (MANINDS)

TechnicalsTV Chart
859.75
8.20+0.96%
Overall Score44/100
Day range854
₹859.75
879
52-week302
₹859.75
944
Above low+184.6%
Below high8.9%
Range position87%
Open860.00
Prev Close851.55
Bid859.71312
Ask859.79195

TODAY IN ONE LINE

MANINDS edged up 1.0% on average volume, in line with Nifty's 0.3% move.

With a market cap of ₹6,450.82 Cr., it trades at a P/E of 31.57. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume780.3K47%vs 20D avg
Price Band20
Lower Band658.4
Upper Band987.6
Tick Size0.05
Daily Volatility3.50%
Annualised Vol66.87%
Market Cap₹6,450.82 Cr.
PromoterNot applicable
Face Value₹5
Fwd P/E8.35
PEG1.12
EV/EBITDA6.95
P/S1.21
ROA5.12%
Beta1.79
Div Payout
THE STOCK SCORE
Overall Score44/100
Updated 07 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

MAN INDUSTRIES (I) flags & news 

Key strengths, potential risks, and recent updates.

2 green flags🚩 3 red flags

Green Flags

  • Virtually Debt-FreeVery low Debt-to-Equity of 0.23x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 20.6% YoY
  • Sales ContractionQuarterly sales dropped 4.1% YoY
  • Rising Receivables vs SalesReceivables grew 141.7% outpacing sales growth of 11.6%

Latest MAN INDUSTRIES (I) News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

18 SEPT 2026
corporate
Analysts/Institutional Investor Meet/Con. Call Updates - Man Industries (India) Limited has informed the Exchange about Schedule of meet
View PDF
🔒Prime: full history + alerts on this stock
Valuation

MAN INDUSTRIES (I) valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for MAN INDUSTRIES (I), framed against the sector median so the premium or discount is obvious at a glance.

MAN INDUSTRIES (I) trades at a P/E of 31.57× and P/B of 3.09×.

Key MetricsMarket + reported · 21 Sept 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹6,450.82 Cr.
P/E Ratio
31.57
P/B Ratio
3.09
EPS
₹10.39
Profitability

Profitability

ROE
10.19%
ROCE
13.54%
Net Margin
4.78%
Op Margin
12.03%
Growth

Growth

EPS YoY
-20.6%
Revenue YoY
-5%
Qtr Sales
-4.1%
Qtr Profit
26.85%
Financial Health

Financial Health

Debt / Equity
0.23
Book Value
₹278.17
Div Yield
Promoter Holding
Not applicable
Technicals

MAN INDUSTRIES (I) technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MAN INDUSTRIES (I) — derived from the latest tape, not yesterday's close.

MAN INDUSTRIES (I) last traded at ₹859.75 with an intraday range of ₹853.5–₹879 — latest indicator, pivot and CPR signals below.

Last updated: 21 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹859.75
LevelPrice (₹)Distance% Δ
R4925.67+65.92+7.67%
R3900.17+40.42+4.70%
R2889.58+29.83+3.47%
R1874.67+14.92+1.74%
PIVOT864.084.330.50%
CURRENT859.75
S1849.17-10.58-1.23%
S2838.58-21.17-2.46%
S3823.67-36.08-4.20%
S4798.17-61.58-7.16%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 861.92P: 864.08TC: 866.25
R1
R2
R3
R4
indicator
LTP: 859.75
PDH: 860.50
PDL: 822.35
● Market Sentiment

MANINDS is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 853.5871.9

● Price Position

Trading Inside opening range

Financials

MAN INDUSTRIES (I) financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for MAN INDUSTRIES (I) — consolidated or standalone — with margins, YoY growth and key ratios inline.

MAN INDUSTRIES (I) reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹6,450.82 Cr. and reported EPS of ₹10.39.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations3,505
3,564
1.7%
Sales Growth YoY %Derived11.56%
1.67%
Other Income52
29
44.8%
Total Income3,557
3,592
1.0%
2,735
2,229
18.5%
Gross ProfitDerived771
1,335
73.3%
Gross Margin %Derived21.98%
37.47%
469
896
91.0%
EBITDA (Operating Profit)Derived301
439
45.7%
OPM %Derived8.60%
12.33%
145
231
59.4%
Profit Before Tax (PBT)208
237
13.7%
55
66
20.4%
Effective Tax %Derived26.48%
28.05%
Total Profit for Period153
170
11.3%
Net Profit (Owner's PAT)Derived153
170
11.3%
Net Profit Margin %Derived4.37%
4.78%
PAT Growth YoY %Derived45.68%
11.30%
Earnings Per Share (EPS ₹)23.66
22.73
3.9%
Diluted Shares Outstanding (Cr)6
8
15.9%
Other Comprehensive Income (Net of Tax)5
13
158.1%
Total Expenses (incl. D&A & Interest)3,349
3,356
0.2%
Material Cost % of RevenueDerived66.63%
62.21%
Employee Cost % of RevenueDerived2.20%
2.58%
Other Cost % of RevenueDerived11.18%
22.56%
Interest Coverage (x)Derived2.57x
2.37x
Sales CAGR · 3Y
+16.9%
Sales CAGR · 5Y
+11.4%
PAT CAGR · 3Y
+35.8%
PAT CAGR · 5Y
+11.1%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

MAN INDUSTRIES (I) segment analysis : revenue and profit mix.

Disclosed business segments at MAN INDUSTRIES (I) with their share of revenue and profit, switchable between consolidated and standalone reporting.

MAN INDUSTRIES (I) discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for MAN INDUSTRIES (I).

Our AI distills the core fundamental drivers supporting MAN INDUSTRIES (I), the risks that threaten it, and the quantitative conditions that could weaken the thesis.

MAN INDUSTRIES (I)'s investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

No strengths or opportunities on record.

bear case

Key Risks.

  • SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 41 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

MAN INDUSTRIES (I) shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in MAN INDUSTRIES (I) — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

FII2.87%0.46%
DII1.43%0.09%
Promoters43.21%
Public52.49%0.55%

Ownership Distribution

Foreign Institutions
2.87%
Domestic Institutions
1.43%
Promoters
43.21%
Retail & Public
52.49%

Category Trends

Foreign Institutions Breakdown
Total Holding: 2.87%
Net Change: +0.46%
Category Total2.87%
Total Holding2.87%
Net Change+0.46%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 2.87%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
ASPIRE EMERGING FUND
0.00%
0.00%
0.00%
Jun 2026
INDIA MAX INVESTMENT FUND LIMITED
0.00%
0.00%
0.00%
Jun 2026
MORGAN STANLEY ASIA (SINGAPORE) PTE. - ODI
0.00%
0.00%
0.00%
Jun 2026
ORANGE MAURITIUS INVESTMENTS LIMITED
0.00%
0.00%
0.00%
Jun 2026
Grovsnor Investment Fund Ltd
0.00%
0.00%
0.00%
Jun 2026
Peers

MAN INDUSTRIES (I) peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MAN INDUSTRIES (I) is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
WELSPUN CORP
₹72,939.43 Cr
Best Profit Growth
MANAKSIA
391.05 %
Highest Dividend Yield
SURYA ROSHNI
2.37 %

Peer Comparison

Company Name
09 · Chart Patterns

MAN INDUSTRIES (I) chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for MAN INDUSTRIES (I) — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

MAN INDUSTRIES (I) delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for MAN INDUSTRIES (I) over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in MAN INDUSTRIES (I) stood at 44.4% of traded volume, against a 20-day average of 36.5%.

Avg Delivery (20D)36.5%+8.0 ppt latest vs avg
Highest Delivery48.1%on 25 Aug
Avg Volume (20D)14.85 L20-day run-rate
Conviction Trend↓ Weakening+8.0 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

MAN INDUSTRIES (I) announcements: results, concalls, ratings, M&A.

Filings MAN INDUSTRIES (I) sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

MAN INDUSTRIES (I) files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 185 documents below.

  1. 18 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Man Industries (India) Limited has informed the Exchange about Schedule of meet

  2. 10 Sept 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    Man Industries (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  3. 04 Sept 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Man Industries (India) Limited has informed the Exchange about Copy of Newspaper Publication

  4. 02 Sept 2026Shareholders meetingView PDF

    Shareholders meeting

    Man Industries (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026

  5. 01 Sept 2026Investor PresentationView PDF

    Investor Presentation

    Man Industries (India) Limited has informed the Exchange about Investor Presentation

Corporate Actions

MAN INDUSTRIES (I) dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue MAN INDUSTRIES (I) has declared, sequenced by announce and record date.

MAN INDUSTRIES (I) corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

MAN INDUSTRIES (I) insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in MAN INDUSTRIES (I) as reported to SEBI — buying and selling signals from the people who know the business best.

MAN INDUSTRIES (I) insider activity below tracks 4 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
MAN FINANCE PRIVATE LIMITEDInsider28 May 2025buy+25.00 L₹45.88 Cr.₹183.50
Man Finance Private LimitedInsider07 Mar 2025buy+9.4 K₹25.17 L₹268.78
Man Finance Private LimitedInsider04 Mar 2025buy+9.2 K₹20 L₹217.96
Man Finance Private LimitedInsider03 Mar 2025buy+20.0 K₹41.47 L₹207.36
About the Company

About MAN INDUSTRIES (I): business, sector, key facts.

What MAN INDUSTRIES (I) does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

MAN INDUSTRIES (I) operates in the Iron & Steel Products industry under the Capital Goods sector, listed as NSE: MANINDS, BSE: 513269.

MANINDS
Capital Goods

MAN INDUSTRIES (I)

NSE · MANINDS·BSE · 513269·www.mangroup.com

Man Industries (India) Limited is a prominent player in India's steel manufacturing and trading sector, specializing in the production and processing of high-quality submerged arc welded (SAW) pipes and related steel products. Their core competency lies in the creation of durable and reliable pipes intended for a variety of demanding applications across several key industries.

The company's product portfolio is diverse and caters to a broad spectrum of customer needs. This includes a comprehensive range of SAW pipes, encompassing both longitudinal and helically welded varieties. These pipes are specifically designed for use in critical infrastructure projects within the oil, gas, petrochemical, water dredging, and fertilizer sectors, highlighting the company's focus on serving industries requiring robust and reliable piping solutions.

Beyond the manufacturing of the pipes themselves, Man Industries offers a complete suite of value-added services. This involves sophisticated coating systems designed to enhance the longevity and performance of their products. These coatings include internal blasting and painting, coal tar enamel application, and various polymeric coatings such as fusion bonded epoxy, 3-layer polyethylene, and 3-layer polypropylene. These coatings are crucial for protecting the pipes from corrosion and environmental degradation, extending their operational lifespan and ensuring efficient performance in challenging environments.

Further expanding their product offerings, Man Industries also manufactures and supplies ERW pipes (electric resistance welded), steel bends, and stainless steel components. This diversification strengthens their market position by providing a wider range of solutions to their clients and catering to the varied demands of different projects. The company actively participates in international markets, exporting a significant portion of its production to global customers, thereby demonstrating its competitive edge in both domestic and international markets.

Established in 1988 and headquartered in Mumbai, Man Industries has a long history of supplying high-quality steel products to a wide array of industries. Their integrated approach to manufacturing, encompassing pipe production, coating application, and diverse product offerings, positions them as a significant and reliable supplier within the Indian and global steel industry.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹6,450.82 Cr.
Listed OnNSE
leadership26 on record
Dr. Manish Lunker M.B.A., Ph.D.
President of Group Procurement (CPO) & Strategy
Dr. Rabi Bastia
Non-Executive Independent Director
Mitesh Shah
Senior Vice President of ERW & Strategic Sourcing
Mr. Durgesh Chokade
Vice President - Anjar Plant
Mr. Ganesh Tiwari
Plant Head – Pithampur Facility
Mr. Gurinder Sethi
Vice President - Marketing and Business Development
Mr. Jaspreet Singh Bhatia
Senior Vice President of Operations
Mr. Jignesh Shah
Vice President - Projects
Mr. Jignesh Shah
Vice President of Projects
Mr. Lavin Mansukhani
Vice President - Marketing and Business Development (International)
Mr. Madhavanand Variathe B.E., M.B.A.
Head of Strategic Marketing Initiatives & New Markets
Mr. Munish Jindal
President - Projects
§ ∞ · Plainly Answered

Questions investors ask about MAN INDUSTRIES (I) (MANINDS).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of MAN INDUSTRIES (I) (MANINDS)?

The current share price of MAN INDUSTRIES (I) (MANINDS) is ₹859.75. Today, the stock has gained by ₹8.20 (0.96%), trading in a range of ₹853.50 to ₹879.00. The stock opened at ₹860.00 with a trading volume of 7,80,257 shares.

02Is MAN INDUSTRIES (I) stock a good investment for long-term?

MAN INDUSTRIES (I) can be considered for long-term investment based on several factors. The company has a market capitalization of ₹6,450.82 Cr., P/E ratio of 31.57, ROE of 10.19%, and ROCE of 13.54%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of MAN INDUSTRIES (I) stock?

The 52-week high price of MAN INDUSTRIES (I) (MANINDS) is ₹944.00, while the 52-week low is ₹302.05. Currently trading at ₹859.75, the stock is 184.64% above its 52-week low and 8.92% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy MAN INDUSTRIES (I) stock at the current price?

Whether to buy MAN INDUSTRIES (I) stock at ₹859.75 depends on multiple factors. The stock is currently trading with a P/E ratio of 31.57 and P/B ratio of 3.09. Today's performance shows a gain of 0.96%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of MAN INDUSTRIES (I) and when is the next dividend?

MAN INDUSTRIES (I) offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹859.75, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of MAN INDUSTRIES (I)?

MAN INDUSTRIES (I)'s key financial metrics include: P/E Ratio: 31.57, P/B Ratio: 3.09, ROE: 10.19%, ROCE: 13.54%, Dividend Yield: 0%, EPS: ₹10.39, Book Value: ₹278.17, and Debt-to-Equity: 0.23. The company's market cap stands at ₹6,450.82 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is MAN INDUSTRIES (I) stock performing today in the market?

MAN INDUSTRIES (I) stock opened at ₹860.00 and is currently trading at ₹859.75, showing a gain of ₹8.20 (0.96%). The intraday high is ₹879.00 and low is ₹853.50. The trading volume stands at 7,80,257 shares, indicating moderate market participation today.

08What is the P/E ratio of MAN INDUSTRIES (I) and what does it indicate?

MAN INDUSTRIES (I) has a Price-to-Earnings (P/E) ratio of 31.57, which means investors are willing to pay 31.57 for every ₹1 of earnings. With an EPS of ₹10.39, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about MAN INDUSTRIES (I) (MANINDS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.