Why is Man Industries (India) Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 9.90% and Operating profit at 14.17% over the last 5 years
2
Flat results in Sep 25
- INTEREST(9M) At Rs 94.92 cr has Grown at 46.71%
- DPR(Y) Lowest at 0.00%
- DEBTORS TURNOVER RATIO(HY) Lowest at 2.91 times
3
With ROE of 8.5, it has a Expensive valuation with a 1.2 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 9.97%, its profits have risen by 58% ; the PEG ratio of the company is 0.4
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Man Industries for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Man Industries
9.97%
0.19
53.64%
Sensex
5.37%
0.47
11.36%
Quality key factors
Factor
Value
Sales Growth (5y)
9.90%
EBIT Growth (5y)
14.17%
EBIT to Interest (avg)
2.72
Debt to EBITDA (avg)
1.10
Net Debt to Equity (avg)
0.05
Sales to Capital Employed (avg)
1.90
Tax Ratio
26.08%
Dividend Payout Ratio
0
Pledged Shares
20.05%
Institutional Holding
4.62%
ROCE (avg)
15.76%
ROE (avg)
8.74%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
28
Price to Book Value
1.20
EV to EBIT
7.85
EV to EBITDA
6.65
EV to Capital Employed
1.19
EV to Sales
0.70
PEG Ratio
0.39
Dividend Yield
NA
ROCE (Latest)
15.18%
ROE (Latest)
8.48%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
12What is working for the Company
PAT(Latest six months)
At Rs 64.60 cr has Grown at 26.89%
OPERATING PROFIT TO INTEREST(Q)
Highest at 4.01 times
PBT LESS OI(Q)
At Rs 68.72 cr has Grown at 76.3% (vs previous 4Q average
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 436.23 cr
OPERATING PROFIT TO NET SALES(Q)
Highest at 14.52%
-8What is not working for the Company
INTEREST(9M)
At Rs 94.92 cr has Grown at 46.71%
DPR(Y)
Lowest at 0.00%
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.91 times
PAT(Q)
At Rs 36.98 cr has Fallen at -8.6% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Man Industries
Operating Profit to Interest - Quarterly
Highest at 4.01 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 68.72 cr has Grown at 76.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 38.98 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 14.52%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Cash and Cash Equivalents - Half Yearly
Highest at Rs 436.23 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Man Industries
Interest - Nine Monthly
At Rs 94.92 cr has Grown at 46.71%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit After Tax (PAT) - Quarterly
At Rs 36.98 cr has Fallen at -8.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 40.44 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Lowest at 2.91 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Dividend Payout Ratio (DPR) - Annually
Lowest at 0.00%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






