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Iron & Steel Products
Quarterly Result9 Feb 2026, 12:47 pm

Man Industries (India) Ltd Reports Highest-Ever EBITDA & PAT Margins in Q3 & 9MFY26

AI Summary

Man Industries (India) Ltd, a leading manufacturer of large-diameter carbon steel line pipes and coating systems, announced its financial results for the quarter and nine months ended December 31, 2025. The company reported significant improvements in profitability and margin expansion across both the quarter and the year-to-date period. The robust operating performance was driven by a favourable product and geographic mix.

Key Highlights

  • Consolidated Profit After Tax (PAT) in 9M FY26 grew by approximately 41% year-on-year
  • Record order book of ~X4,000 crore, providing healthy revenue visibility over the next 6-12 months
  • Strategic capacity expansion initiatives in Saudi Arabia and Jammu are progressing well
  • Company maintains a net cash position of ~X38 crore as of December 31, 2025
  • Reiterates full-year revenue guidance of X3,600 — X3,700 crore, implying approximately 15 — 20% year-on-year growth
MANINDS
Iron & Steel Products
MAN INDUSTRIES (INDIA) LTD.-$

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