| Scrip Code | 513269 |
|---|---|
| NSE Symbol | MANINDS |
| MSEI Symbol | NA |
| ISIN | INE993A01026 |
| Name of company | Man Industries (India) Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 09-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 31-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | Pipes |
| Start date and time of board meeting | 09-02-2026 11:15:00 |
| End date and time of board meeting | 09-02-2026 12:05:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 2 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 80,354.00 | 2,29,828.00 | |
| Other income | 1,347.00 | 3,563.00 | |
| Total income | 81,701.00 | 2,33,391.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 71,522.00 | 1,46,268.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 29,252.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (23,872.00) | (15,555.00) |
| (d) | Employee benefit expense | 2,033.00 | 5,623.00 |
| (e) | Finance costs | 3,781.00 | 9,752.00 |
| (f) | Depreciation, depletion and amortisation expense | 2,049.00 | 5,398.00 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 18,016.00 | 35,811.00 |
| Total other expenses | 18,016.00 | 35,811.00 | |
| Total expenses | 73,529.00 | 2,16,549.00 | |
| 3 | Total profit before exceptional items and tax | 8,172.00 | 16,842.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 8,172.00 | 16,842.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 2,000.00 | 3,950.00 |
| 8 | Deferred tax | 83.00 | 328.00 |
| 9 | Total tax expenses | 2,083.00 | 4,278.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 6,089.00 | 12,564.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 6,089.00 | 12,564.00 |
| 17 | Other comprehensive income net of taxes | 318.00 | 129.00 |
| 18 | Total Comprehensive Income for the period | 6,407.00 | 12,693.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,750.00 | 3,750.00 | |
| Face value of equity share capital | 5 | 5 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 8.45 | 17.43 | |
| Diluted earnings (loss) per share from continuing operations | 8.31 | 17.14 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 8.45 | 17.43 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 8.31 | 17.14 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. These results have been prepared on the basis of Limited Review which are prepared in accordance with the Ind AS notified under the Companies Indian Accounting Standard Rules 2015. The result have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 09 2026. 2. The outstanding order book position as on date is approx. Rs. 4005 crores to be executed in 6 to 12 months. 3. Finance cost includes Interest on bill discounitng and buyers / suppliers credit of Rs. 1133 lakhs for the quarter and Rs. 3311 lakhs for the nine months ended 31.12.2025 visa-vis Rs. 1280 lakhs for the quarter and Rs 2989 lakhs for the nine months ended 31.12.2024 and Rs 4461 lakhs for the year ended 31.03.2025. 4. Depreciation and amortisation includes amortisation of leaseholds rights of Rs. 951 lakhs for the quarter and Rs. 2223 lakhs for the nine months ended 31.12.2025 visa vis Rs. 94 lakhs for the quarter and Rs. 282 lakhs for the nine months ended 31.12.2024 and Rs. 505 lakhs for the year ended 31.03.2025. 5. The Company operates in one segment only ie Steel Pipes and therefore, has only one reportable segment in accordance with IND AS 108 Operating Segment. 6. Previous period Year s figures have been regrouped and reclassified to make them comparable with the figures of the current period. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassifed to profit or loss | 318.00 | 129.00 |
| Total Amount of items that will not be reclassified to profit and loss | 318.00 | 129.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 318.00 | 129.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 02-08-2025 |
| Amount Raised | 9,99,99,984.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | General Corporate Purpose | NA | 9,99,99,984.00 | 0.00 | 9,99,99,984.00 | 0.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 28-07-2025 |
| Amount Raised | 2,54,99,97,624.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | CRISIL Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Meeting Working Capital Requirements | NA | 1,03,99,99,046.00 | 0.00 | 1,03,99,16,289.00 | 0.00 | |
| 2 | Expansion of the existing business of the Company | NA | 1,29,99,98,808.00 | 0.00 | 63,95,00,000.00 | 0.00 | |
| 3 | General Corporate Purpose | NA | 20,99,99,770.00 | 0.00 | 20,99,99,770.00 | 0.00 |
| Name of signatory | Sandeep Kumar |
| Designation of person | Chief Financial Officer |
| Place | Mumbai |
| Date | 09-02-2026 |