Man Industries Stock Price Up By More Than 1% Today
By Ankur Chandra | Published at: Jun 5, 2025 05:09 PM IST
Mumbai | June 5, 2025 — Shares of Man Industries (India) Ltd (NSE: MANINDS | BSE: 513269) soared over 1% intraday after the company announced a massive export order worth ₹1,150 crore. This order marks a major development for the company, which is engaged in the manufacturing and supplying of steel line pipes. Earlier in February, the company had reported acquiring a new supply order for ₹250 crores, taking the total order book past ₹2900 crores (in Feb 2025).
Reacting to this news, Man Industries’ stock rose to ₹403.60, up ₹9.35 or 2.37% at 12:30 p.m. IST, signaling robust investor confidence in the company’s expanding global footprint and expansion plans.
₹1,150 Cr Export Order to Strengthen Global Positioning
The latest order includes supplying a contract to a reputed overseas client to be executed in the next 6-12 months. With this, the company’s total order book (unexecuted) has reached ₹3500 crore, driven by sustained demand across global energy and infrastructure markets.
“These are testimonial to our steadfast focus on delivering product excellence and timely deliveries,” said Mr. Nikhil Mansukhani, Managing Director.
Market Reaction: Volume Surge, Strong Delivery%
- Trading Volume: 17.35 lakh shares
- Traded Value: ₹70.80 crore
- Delivery Percentage: 57.03%
- 52-Week Range: ₹201.55 – ₹513.70
- Market Cap: ₹2,612.71 crore
The spike in trading activity and high delivery percentage indicate institutional interest and positive sentiment surrounding the company’s growth prospects.
Capex and Strategic Growth
The company is also set to invest ₹600 crores in capacity expansion through:
- A stainless steel seamless pipe unit in Jammu
- A line pipe and coating facility in Dammam, Saudi Arabia, targeting GCC demand
Financial Snapshot (Q4 FY25)
| Quarter Ended | Revenue (₹ lakh) | Net Profit (₹ lakh) | EPS (₹) |
|---|---|---|---|
| Mar 2025 | 1,23,395 | 6,814 | 9.15 |
| Dec 2024 | 74,549 | 3,761 | 5.72 |
| Sep 2024 | 81,379 | 3,506 | 5.42 |
| Jun 2024 | 75,730 | 2,414 | 3.73 |
The sequential growth in both topline and bottom line reinforces MAN Industries’ operational strength.
Management Commentary
Commenting on the development, Mr. Nikhil Mansukhani, Managing Director, said:
“The start of the year is proving exceptionally strong for MAN Industries, highlighted by multiple orders totaling approx. ₹3,500 crore. These are testimonial to our steadfast focus on delivering product excellence and timely deliveries. We expect this momentum to continue during the year.”
About the Company
Founded in 1988 and part of the MAN Group promoted by the Mansukhani family, MAN Industries has evolved into one of India’s largest producers and exporters of LSAW, HSAW, and ERW pipes. Its facilities in Anjar (Gujarat) and Pithampur (Madhya Pradesh) offer a combined installed capacity of over 1.18 million tonnes per annum, catering to the oil and gas, petrochemicals, water, fertilizers, and CGD sectors.
The company is certified in ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality, environmental management, and occupational safety.
REF: https://nsearchives.nseindia.com/corporate/MANINDS_05062025124229_MIIL_Intimation_to_SE_Press_Release_05062025.pdf
https://nsearchives.nseindia.com/corporate/MANINDS_05062025122451_MIIL_Order_Annoucement_Rs1150_Cr_05062025.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
