Integrated Filing — IndAS



General information about company

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 25-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 25-05-2026   18:20:00
End date and time of board meeting 25-05-2026   19:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,15,730.00 3,56,390.00
Other income 821.00 2,859.00
Total income 1,16,551.00 3,59,249.00
2 Expenses
(a) Cost of materials consumed 66,347.00 2,21,709.00
(b) Purchases of stock-in-trade 63.00 29,252.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (12,544.00) (28,099.00)
(d) Employee benefit expense 2,925.00 9,205.00
(e) Finance costs 5,227.00 15,203.00
(f) Depreciation, depletion and amortisation expense 2,268.00 7,892.00
(f) Other Expenses
1 Other Expenses 44,968.00 80,393.00
Total other expenses 44,968.00 80,393.00
Total expenses 1,09,254.00 3,35,555.00
3 Total profit before exceptional items and tax 7,297.00 23,694.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 7,297.00 23,694.00
6 Tax expense
7 Current tax 2,859.00 6,809.00
8 Deferred tax (647.00) (163.00)
9 Total tax expenses 2,212.00 6,646.00
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 5,085.00 17,048.00
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 5,085.00 17,048.00
17 Other comprehensive income net of taxes 1,052.00 1,301.00
18 Total Comprehensive Income for the period 6,137.00 18,349.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 5,085.00 17,048.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 6,137.00 18,349.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
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 2,04,904.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7 23.65
Diluted earnings (loss) per share from continuing operations 7 23.26
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 7 23.65
Diluted earnings (loss) per share from continuing and discontinued operations 7 23.26
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes 1 These results have been prepared on the basis of audited consolidated financial statements for the year ended March 31 2026 and the quarterly and nine months Limited Review upto December 31 2025 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 May 25 2026. 2 The outstanding order book position at the start of current FY 27 is approx Rs 2994 crores to be executed in 6 to 12 months. 3 Finance cost includes Interest on bill discounting and buyers suppliers credit of Rs1174.47 lakhs for the quarter and Rs 4485.67 lakhs for the year ended March 31 2026 visavis Rs1471.44 lakhs for the quarter and Rs 4460.76 lakhs for the year ended March 31 2025. 4 Depreciation and amortisation includes amortisation of leaseholds rights of Rs1090.00 lakhs for the quarter and Rs3382.83 lakhs for the year ended March 31 2026 visa vis Rs 259.81 lakhs for the quarter and Rs541.74 lakhs for the year ended March 31 2025. 5 Previous period Years figures have been regrouped and reclassified to make them comparable with the figures of the current period.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 65,457.00
Capital work-in-progress 32,578.00
Investment property
Goodwill 20,776.00
Other intangible assets 32.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 143.00
Trade receivables, non-current 23,851.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 1,538.00
Total of other non-current financial assets 1,538.00
Total non-current financial assets 25,532.00
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 4,376.00
Total of other non-current assets 4,376.00
Total non-current assets 1,48,751.00
2 Current assets
Inventories 1,53,500.00
Current financial asset
Current investments 7,077.00
Trade receivables, current 1,00,978.00
Cash and cash equivalents 18,920.00
Bank balance other than cash and cash equivalents 46,801.00
Loans, current 1,566.00
Other current financial assets
Total of other current financial assets 2,007.00
Total current financial assets 1,77,349.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 22,461.00
Total of other current assets 22,461.00
Total current assets 3,53,310.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 5,02,061.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,750.00
Other equity 2,04,904.00
Total equity attributable to owners of parent 2,08,654.00
Non controlling interest 0.00
Total equity 2,08,654.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 24,015.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 6,099.00
Total of other non-current financial liabilities 6,099.00
Total non-current financial liabilities 30,114.00
Provisions, non-current 410.00
Deferred tax liabilities (net) 2,583.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 564.00
Total of other non-current liabilities 564.00
Total non-current liabilities 33,671.00
Current liabilities
Current financial liabilities
Borrowings, current 25,948.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 780.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,46,342.00
Total Trade payable 1,47,122.00
Other current financial liabilities
1 Other current financial liabilities 25,952.00
Total of other current financial liabilities 25,952.00
Total current financial liabilities 1,99,022.00
Other current liabilities 57,861.00
1 Other current liabilities 57,861.00
Total of other current liabilities 57,861.00
Provisions, current 106.00
Current tax liabilities (Net) 2,747.00
Deferred government grants, Current 0.00
Total current liabilities 2,59,736.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 2,93,407.00
Total equity and liabilites 5,02,061.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) These results have been prepared on the basis of audited consolidated financial statements for the year ended March 31, 2026 and the quarterly and nine months Limited Review upto December 31, 2025 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 May 25, 2026.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufacturing 1,15,730.00 3,56,390.00
2 Real Estate 0.00 0.00
Total Segment Revenue 1,15,730.00 3,56,390.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,15,730.00 3,56,390.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing 11,727.00 36,209.00
2 Real Estate (24.00) (172.00)
Total Profit before tax 11,703.00 36,037.00
i. Finance cost (5,227.00) (15,203.00)
ii. Other Unallocable Expenditure net off Unallocable income 821.00 2,859.00
Profit before tax 16,109.00 48,381.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing 5,33,512.49 5,33,512.49
2 Real Estate 34,968.60 34,968.60
Total Segment Asset 5,68,481.09 5,68,481.09
Un-allocable Assets (66,419.79) (66,419.79)
Net Segment Asset 5,02,061.30 5,02,061.30
4 Segment Liabilities
Segment Liabilities
1 Manufacturing 3,30,187.28 3,30,187.28
2 Real Estate 11,669.11 11,669.11
Total Segment Liabilities 3,41,856.39 3,41,856.39
Un-allocable Liabilities (48,449.42) (48,449.42)
Net Segment Liabilities 2,93,406.97 2,93,406.97
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 1,052.00 1,301.00
Total Amount of items that will not be reclassified to profit and loss 1,052.00 1,301.00
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 1,052.00 1,301.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 23,694.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 13,745.76
Adjustments for decrease (increase) in inventories (26,645.58)
Adjustments for decrease (increase) in trade receivables, current (36,252.70)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 58,458.76
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 7,892.36
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 242.55
Adjustments for provisions, non-current 2,593.26
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 8,880.58
Adjustments for dividend income (0.38)
Adjustments for interest income 1,921.11
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (70.01)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 1,691.10
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 28,615.35
Net cash flows from (used in) operations 52,309.35
Dividends received 0.38
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 5,087.11
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 47,222.62
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 34,026.64
Proceeds from sales of investment property 0.00
Purchase of investment property 4,411.66
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 20,954.45
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (59,392.75)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 25,500.02
Proceeds from issuing other equity instruments 4,440.62
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 8,709.63
Repayments of borrowings 5,798.82
Payments of lease liabilities 5,413.61
Dividends paid 0.00
Interest paid 13,476.47
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (362.50)
Net cash flows from (used in) financing activities 13,598.87
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,428.74
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 1,428.74
Cash and cash equivalents cash flow statement at beginning of period 17,491.01
Cash and cash equivalents cash flow statement at end of period 18,919.75





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 A Sachdev and Co Yes 31-07-2027