Man Industries Bags ₹1,000 Crore Orders; Shares Rise 3.19%
By HDFC SKY | Published at: Jun 18, 2026 09:59 AM IST
Man Industries and its Saudi subsidiary NPC secured fresh pipe orders worth about ₹1,000 crore, taking the consolidated unexecuted order book to approximately ₹4,100 crore.
Mumbai, June 18: Man Industries (India) Ltd has secured new orders worth approximately ₹1,000 crore through the company and its Saudi Arabia-based step-down subsidiary, National Pipe Company Ltd (NPC), according to an exchange filing.
The company said Man Industries received orders worth around ₹300 crore, while NPC secured orders valued at about ₹700 crore. The contracts have been awarded by a mix of domestic and international customers for the supply of various types of pipes.
As per the filing, the orders are scheduled to be executed within six to nine months. The company stated that the contracts reflect continued customer confidence in the technological and execution capabilities of both Man Industries and NPC.
Stock Market Snapshot
As of 9:17 AM IST on June 18, 2026, Man Industries share price was trading at ₹611.50, up ₹18.90 or 3.19% from the previous close of ₹592.60. The stock touched ₹623.70 during early trade.
The latest order inflow has also strengthened revenue visibility, with the company’s consolidated unexecuted order book rising to approximately ₹4,100 crore.
Company Background
Man Industries is engaged in the manufacturing of large-diameter carbon steel pipes used across sectors such as oil and gas, water transportation, petrochemicals and infrastructure. The company serves both domestic and international markets through its manufacturing facilities and distribution network.
Its subsidiary, National Pipe Company Ltd, expands the group’s footprint in the Middle East and supports participation in large-scale pipeline and infrastructure projects across global markets.
Conclusion
The ₹1,000 crore order win adds significantly to Man Industries’ existing pipeline and reinforces demand across domestic and overseas markets. With an order book of around ₹4,100 crore and execution spread over the next six to nine months, the contracts are expected to support business activity and provide earnings visibility in the coming quarters.
Source:
- https://www.nseindia.com/get-quote/equity/MANINDS/Man-Industries-(India)-Limited
- https://nsearchives.nseindia.com/corporate/MANINDS_18062026084918_MIIL_Order_annoucement_Rs1000_cr_18062026_.pdf
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