Man Industries

Who are the top shareholders of the Man Industries?

The top shareholders of Man Industries include promoter Rameshchandra Mansukhani with 16.74% ownership, while individual investors hold 35.61%. Additionally, 42 Foreign Institutional Investors own 2.58%, and the highest public shareholder is Vikas Vijaykumar Khemani with 2.44%.

The top shareholders of Man Industries primarily include the promoters, who hold a significant portion of the company's shares. The promoter with the highest holding is Rameshchandra Mansukhani, owning 16.74% of the shares. Additionally, individual investors collectively hold 35.61% of the shares. <BR><BR>In terms of institutional holdings, there are 42 Foreign Institutional Investors (FIIs) with a combined holding of 2.58%, while mutual funds currently do not hold any shares in the company. The highest public shareholder is Vikas Vijaykumar Khemani, who holds 2.44%. <BR><BR>Overall, the majority of the shares are held by promoters, reflecting a strong insider ownership structure.

What does Man Industries do?

Man Industries (India) Ltd is a Small Cap company in the Iron & Steel Products industry, incorporated in 1988, with recent quarterly net sales of ₹1,218 Cr and a net profit of ₹68 Cr as of March 2025. Key metrics include a market cap of ₹2,594 Cr, P/E of 17.00, and a return on equity of 9.53%.

Overview: <BR>Man Industries (India) Ltd operates in the Iron & Steel Products industry and is categorized as a Small Cap company.<BR><BR>History: <BR>The company was incorporated on 19 May 1988 and was previously known as MAN Aluminium Limited. It received its Certificate of Commencement of Business on 28 July 1989. The latest reported quarterly results are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,218 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 68 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 2,594 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.04 <BR>Return on Equity: 9.53% <BR>Price to Book: 1.59 <BR><BR>Contact Details: <BR>Address: Man House 101 S V Road, Opp Pawan Hans Vile Parle (W) Mumbai Maharashtra : 400056 <BR>Tel: 91-22-66477500 <BR>Email: enquiry@maninds.org <BR>Website: http://www.mangroup.com

Has Man Industries declared dividend?

Yes, Man Industries (India) Ltd has declared a 40% dividend, amounting to ₹2 per share, with an ex-date of August 14, 2023. Despite the dividend declaration, the dividend yield is 0%, but the company has shown strong total returns over various periods, particularly in the long term.

Man Industries (India) Ltd has declared a 40% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 40%<BR>- Amount per share: 2<BR>- Ex-date: 14 Aug 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 10.53%, with no dividend return, resulting in a total return of 10.53%.<BR><BR>Over the past year, the price return was 15.22%, with no dividend return, leading to a total return of 15.22%.<BR><BR>In the 2-year period, the price return was 194.4%, with a dividend return of 1.39%, culminating in a total return of 195.79%.<BR><BR>For the 3-year period, the price return was 391.38%, with a dividend return of 2.79%, resulting in a total return of 394.17%.<BR><BR>In the last 4 years, the price return was 298.28%, with a dividend return of 3.76%, giving a total return of 302.04%.<BR><BR>Over the 5-year period, the price return was 797.23%, with a dividend return of 12.99%, leading to a total return of 810.22%.<BR><BR>Overall, while Man Industries has declared a dividend, the dividend yield remains at 0%, indicating that the dividend may not significantly impact the total returns, which have been robust across all periods, particularly in the longer term.

Who are the peers of the Man Industries?

Peers of Man Industries include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Vardhman Special, Welspun Special, Aeroflex, and Hi-Tech Pipes. In terms of performance, Welspun Corp leads with a 1-year return of 68.43%, while Man Industries has a return of 4.69%.

Peers: The peers of Man Industries are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Vardhman Special, Welspun Special, Aeroflex, and Hi-Tech Pipes.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, Vardhman Special, and Hi-Tech Pipes, and Average management risk is present at Jindal Saw, Man Industries, Aeroflex, and Rama Steel Tubes. Growth is Excellent at APL Apollo Tubes and Jindal Saw, Good at Vardhman Special and Shyam Metalics, Average at Welspun Corp, Ratnamani Metals, Hi-Tech Pipes, and the rest, and Below Average at Man Industries, Welspun Special, Aeroflex, and Jindal Saw. Capital Structure is Excellent at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, Good at Man Industries, Vardhman Special, and Welspun Corp, and Below Average at Jindal Saw, Welspun Special, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while the lowest is Jindal Saw at -22.99%. Man Industries has a 1-year return of 4.69%, which is higher than Jindal Saw but significantly lower than Welspun Corp. Additionally, Ratnamani Metals, Jindal Saw, Welspun Special, Aeroflex, and Hi-Tech Pipes have negative six-month returns.

Who are in the management team of Man Industries?

As of March 2023, the management team of Man Industries includes R C Mansukhani (Executive Chairman), Nikhil Mansukhani (Managing Director), and several independent directors: Pramod Kumar Tandon, Heena Vinay Kalantri, Renu Purshottam Jalan, and Narendra Mairpady, along with Rahul Rawat as Company Secretary & Compliance Officer.

As of March 2023, the management team of Man Industries includes the following individuals:<BR><BR>1. R C Mansukhani - Executive Chairman<BR>2. Nikhil Mansukhani - Managing Director<BR>3. Pramod Kumar Tandon - Independent Director<BR>4. Heena Vinay Kalantri - Director<BR>5. Renu Purshottam Jalan - Independent Director<BR>6. Narendra Mairpady - Independent Director<BR>7. Rahul Rawat - Company Secretary & Compliance Officer<BR><BR>These members play various roles in the governance and operational management of the company.

How big is Man Industries?

As of 24th July, Man Industries (India) Ltd has a market capitalization of 2,900.00 Cr, with recent net sales of 3,505.36 Cr and a net profit of 153.18 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Man Industries (India) Ltd has a market capitalization of 2,900.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,505.36 Cr, while the sum of Net Profit for the same period is 153.18 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at 1,404.87 Cr, and Total Assets are valued at 2,415.16 Cr.

When is the next results date for Man Industries?

The next results date for Man Industries is 11 August 2025.

The next results date for Man Industries is scheduled for 11 August 2025.

Are Man Industries latest results good or bad?

Man Industries' latest results are disappointing, with a 27.9% decline in Profit After Tax and a 15.3% drop in net sales compared to previous quarters, indicating weakened profitability and potential liquidity issues.

The latest financial results for Man Industries (India) are disappointing. For the quarter ending June 2025, the company reported a Profit After Tax (PAT) of Rs 27.62 crore, which is a significant decline of 27.9% compared to the average PAT of Rs 38.30 crore over the previous four quarters. Additionally, net sales fell to Rs 742.13 crore, down 15.3% from the average of Rs 876.34 crore during the same period.<BR><BR>The operating profit to interest ratio has dropped to 1.65 times, indicating a weakened ability to manage interest payments, while interest expenses have increased by 37.53%, reaching Rs 64.71 crore. This suggests that the company may be facing challenges related to increased borrowings.<BR><BR>Moreover, the Profit Before Tax (PBT) has also decreased to Rs 6.77 crore, the lowest in five quarters, with a concerning 82.31% of PBT coming from non-operating income, raising questions about the sustainability of its business model. The debt-equity ratio has climbed to 0.30 times, the highest in recent periods, which may indicate potential liquidity issues.<BR><BR>Overall, the results reflect a downward trend in both profitability and sales, suggesting that the company's performance is currently not favorable.

Is Man Industries overvalued or undervalued?

As of November 7, 2025, Man Industries is considered very expensive with a PE ratio of 17.82, an EV to EBITDA of 9.44, and a ROCE of 15.26%, but it remains more attractively priced compared to peers like JSW Steel and Tata Steel, while also outperforming the Sensex with an 18.58% return over the past year.

As of 7 November 2025, the valuation grade for Man Industries has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 17.82, an EV to EBITDA of 9.44, and a ROCE of 15.26%. <BR><BR>In comparison to its peers, Man Industries' PE ratio is notably lower than that of JSW Steel, which stands at 46.73, and Tata Steel at 46.67, both classified as expensive. This suggests that while Man Industries may appear overvalued, it is still more attractively priced relative to these higher-valued competitors. Additionally, the company's stock has outperformed the Sensex over the past year with a return of 18.58% compared to the Sensex's 4.62%, reinforcing the narrative of its strong performance despite the valuation concerns.

How has been the historical performance of Man Industries?

Man Industries has shown strong historical performance, with net sales increasing from 2,138.63 Cr in March 2022 to 3,505.35 Cr in March 2025, alongside improved profitability and operational efficiency. Key metrics such as profit after tax and earnings per share have also risen significantly during this period.

Answer:<BR>The historical performance of Man Industries shows a positive trend in net sales and profitability over the past few years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Man Industries has demonstrated significant growth in net sales, increasing from 2,138.63 Cr in March 2022 to 3,505.35 Cr in March 2025. This upward trajectory reflects a consistent rise in total operating income, which reached 3,505.35 Cr in March 2025, up from 2,138.63 Cr in March 2022. The company's operating profit (PBDIT) also improved, rising to 353.23 Cr in March 2025 from 217.67 Cr in March 2022, indicating enhanced operational efficiency. Profit before tax followed suit, climbing to 208.35 Cr in March 2025 compared to 134.97 Cr in March 2022, while profit after tax reached 153.17 Cr, up from 101.58 Cr in March 2022. The earnings per share (EPS) increased significantly to 23.66 in March 2025 from 17.16 in March 2022. On the balance sheet, total assets rose sharply to 3,779.15 Cr in March 2025 from 1,819.90 Cr in March 2022, driven by increases in inventories and trade payables. Total liabilities also increased, reaching 3,779.15 Cr in March 2025, reflecting the company's growing operational scale. Cash flow from operating activities showed a positive trend, with a net cash inflow of 56.00 Cr in March 2025, compared to a net outflow of 45.00 Cr in March 2023, indicating improved cash management. Overall, Man Industries has shown robust growth in sales, profitability, and asset base, positioning itself favorably in the market.

Is Man Industries technically bullish or bearish?

As of December 1, 2025, the trend is mildly bullish with supportive indicators like a bullish MACD and moving averages, but caution is advised due to mildly bearish signals from the KST and a lack of strong conviction in Dow Theory and OBV.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time-frames, and daily moving averages indicating bullish momentum. However, the KST shows a mildly bearish signal on both weekly and monthly charts, which tempers the overall bullish outlook. Bollinger Bands are also indicating a mildly bullish trend on both weekly and monthly time-frames. The absence of clear trends in Dow Theory and OBV suggests a lack of strong conviction in either direction. Overall, while there are bullish indicators, the presence of mildly bearish signals indicates caution.

Should I buy, sell or hold Man Industries (India) Ltd?

Which are the latest news on Man Industries?

Why is Man Industries (India) Ltd falling/rising?

As of 02-Feb, Man Industries (India) Ltd's stock price has declined to 315.00, reflecting a drop of -1.59%. This decline is driven by underperformance against its sector, reduced investor participation, and concerns over long-term growth prospects.

As of 02-Feb, Man Industries (India) Ltd is experiencing a decline in its stock price, currently at 315.00, which reflects a change of -5.1 (-1.59%). This downward movement can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed its sector by -2.79% today and has been on a consecutive decline for the last two days, accumulating a total fall of -3.55% during this period. The stock also reached an intraday low of Rs 302.3, marking a significant drop of -5.56%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by -55.74% compared to the 5-day average, suggesting a lack of confidence among investors. Despite a low debt-to-equity ratio of 0.01, which is generally a positive indicator, the company has shown poor long-term growth, with net sales increasing at an annual rate of only 9.90% and operating profit at 14.17% over the past five years.<BR><BR>Furthermore, while institutional investors have increased their stake by 0.61% in the previous quarter, holding 4.62% of the company, the overall sentiment remains cautious due to flat results reported in September and a relatively high price-to-book value of 1.2 compared to its peers. The stock's return of 9.97% over the past year contrasts with a significant profit increase of 58%, leading to a PEG ratio of 0.4, which suggests that the stock may be overvalued.<BR><BR>In summary, the combination of declining stock performance, reduced investor participation, and concerns over long-term growth prospects are contributing to the current fall in Man Industries (India) Ltd's stock price.