Man Industries (India)

₹807.50As of Sun 8 Nov 2026, 12:00 UTC

NSE:MANINDSMaterials

Country India

PE (Fwd) 30.79

TSR 10Y CAGR 32.94%

Div yield —

ROE —

Steel

Beta (5Y) 0.57

PE TTM 34.72

TSR TTM 96.50%

Mkt cap ₹64.39B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹931

15.31%

(84.77%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

35.64

Revenue₹B

—

21.39

22.56

31.42

35.05

35.64

38.25

13.62%

1.67

Revenue growth%

—

5.51

39.25

11.56

1.67

7.32

8.53

—

37.06

Gross margin%

—

25.79

21.22

23.34

21.82

37.06

36.91

23.34

8.03

Operating margin%

—

6.32

5.17

5.73

9.33

8.03

7.99

6.32

4.78

Net margin%

—

4.75

2.97

3.35

4.37

4.78

4.73

4.37

34.72

P/E ratio (avg)x

—

6.069

7.733

13.62

15.35

17.34

32.73

13.62

20.68

EV/EBITx

—

4.561

4.447

7.951

7.190

10.33

19.36

7.190

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

23.26

EPS₹

—

17.52

11.17

16.73

22.78

23.26

24.67

7.33%

—

2.10

EPS growth%

—

(36.26)

49.78

36.16

2.10

6.07

19.13

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

2.00

—

Div yield (avg)%

—

2.32

0.88

—

1.60

—

Payout ratio%

—

17.91

11.95

—

73.30

Shares (diluted)M

—

57.96

60.01

62.84

67.24

73.30

◌73.30

6.04%

(9.02)

Buyback yield%

—

(3.54)

(4.71)

(6.99)

(9.02)

◌—

(5.85)

—

D/E ratiox

—

59.19

Enterprise value₹B

—

6.165

5.184

14.32

23.51

29.57

59.19

47.98%

—

LT debt₹M

—

Peers (US$640.4M)

Cap (US$)

Sunflag Iron and Steel…

734.3M

33.45x

Jai Balaji Industries…

665.4M

32.04x

Goodluck India Limited

574.9M

25.71x

Chung Hung Steel…

635.2M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

2.976

4.579

Own earn%

—

Sh yield%

(9.02)

(5.41)

Owners

Insiders/Inst%

39.45

3.23

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

5–9

$1 testx

—

Incr. ROIC%

—

Man Industries (India) Limited manufactures, processes, sells, and trades in submerged arc-welded steel pipes and products in India and internationally. The company offers longitudinal submerged arc-welded (LSAW), helically submerged arc-welded (HSAW) line pipes, external coatings and internal linings, electro resistance-welded (ERW) pipes, and hot induction bends (HIB) pipes.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹35.64B

13.62%

1.00×

Cost of revenue

₹22.43B

9.04%

0.85×

Operating expenses

₹10.34B

25.54%

1.49×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m