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Man Industries (India) Ltd

Q2 FY27Industrial Products

Man Industries (India) Q2 Results 2026: PAT ₹82 Cr

Q2 FY27 results statement: what the company reported on revenue, margins and capex.

Revenue
₹1,210Cr
Net profit
₹82Cr
Margin
15.2%

Man Industries (India) Ltd Q2 FY27 key numbers

Revenue
NPC’s contribution (from May 21): ₹532 crore revenue included in consolidation.

As stated in Man Industries (India) Ltd's Q2 FY27 results statement · published 12 Nov 2026. Reported figures, not investment advice.

Based on Man Industries (India) Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

Price₹872
Market cap₹6.5K Cr
P/E32.0

The short version

Consolidated revenue from operations for Q2 FY27: ₹1,216 crore, up 49.3% YoY (from ₹815 crore in Q2 FY26). Consolidated EBITDA for Q2 FY27: ₹190 crore, up 86.6% YoY.

From Man Industries (India) Ltd's Q2 FY27 earnings-call transcript · updated 12 Nov 2026.

How did Man Industries (India)'s revenue grow in the September 2026 quarter?

  • Consolidated revenue from operations for Q2 FY27: ₹1,216 crore, up 49.3% YoY (from ₹815 crore in Q2 FY26).
  • Standalone revenue from operations for Q2 FY27: ₹721 crore, down 7.7% YoY (from ₹782 crore in Q2 FY26).
  • NPC’s contribution (from May 21): ₹532 crore revenue included in consolidation.
  • Outlook: With a consolidated order book of ~₹3,500 crore, ongoing commissioning of Jammu and Dammam facilities, and a planned US facility, MAN Industries is "well positioned to build a larger, more integrated global pipeline solutions business."
  • Deferred revenue of approximately ₹320 crore due to shipping disruptions expected to be recovered as alternate ports are now used.

2 more points from Man Industries (India) Ltd's call on revenue

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What happened to Man Industries (India)'s margins in Q2 FY27?

See what Man Industries (India) Ltd said on profitability & margins — free account, 30 seconds.

What capex is Man Industries (India) planning?

  • Establishment of a HSAW pipe manufacturing facility in the USA through a wholly owned subsidiary with a capacity of 350,000 MTPA; planned capex of US$110 million; status: underway.
  • Greenfield stainless steel seamless pipe facility in Jammu; production expected by April 2027; strategic entry into high-value import-substitution segment.
  • Dammam coating and double jointing facility in Saudi Arabia; operations targeted to commence by March 2027.

2 more points from Man Industries (India) Ltd's call on capex

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Top-ranked in Industrial Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2BMW Industries
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Man Industries (India) raising money or cutting debt?

See what Man Industries (India) Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Man Industries (India)'s order book?

  • The presentation reports a consolidated order book of approximately ₹3,500 crore across India and Saudi Arabia.
  • The majority of this order book is executable over the next 6–9 months.

Man Industries (India) Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Man Industries (India) Ltd Q2 FY27 results — key figures

Man Industries (India) Ltd Q2 FY27 reported results vs year-ago quarter, ₹ crore
₹ CrQ2 FY27
Revenue1,210
Operating profit (EBITDA)184
Operating margin15.2%
Profit before tax122
Net profit (PAT)82
EPS (₹)10.93

Source: Man Industries (India) Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.2K Cr, net profit ₹82 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

More Q2 FY27 results in Industrial Products

All Q2 FY27 results | Industrial Products rankings

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Frequently Asked Questions

What were Man Industries (India) Ltd Q2 FY27 results?

Consolidated revenue from operations for Q2 FY27: ₹1,216 crore, up 49.3% YoY (from ₹815 crore in Q2 FY26). Consolidated EBITDA for Q2 FY27: ₹190 crore, up 86.6% YoY.

What is Man Industries (India) Ltd share price analysis?

Man Industries (India) Ltd currently shows a neutral. The stock trades at a P/E of 32.0 with a market cap of ₹6,531 Cr. Investors should review the full earnings analysis for detailed insights.

Is Man Industries (India) Ltd planning capital expenditure?

Establishment of a HSAW pipe manufacturing facility in the USA through a wholly owned subsidiary with a capacity of 350,000 MTPA; planned capex of US$110 million; status: underway.

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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.