Man Industries (India) Ltd
Man Industries (India) Q3 FY25 earnings call: Revenue & Margins
Q3 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
FY '26 revenue guidance: Rs. FY '26 revenue guidance is Rs.
From Man Industries (India) Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY '26 revenue guidance: Rs. 5,500 crores, a 25% growth over the previous year.
- Volume growth expected around 20-25% in FY '26 despite market softness.
- Existing facilities to contribute Rs. 4,000 crores revenue in FY '26.
- Jammu and Saudi projects to start production by Q3 FY '26, adding Rs. 1,500 crores revenue in H2 FY '26.
- FY '27 revenue expected to exceed Rs. 6,000 crores with full-year production from new plants.
- EBITDA margins are targeted to maintain around 11-12% initially, improving to 20-25% from Jammu plant after stabilization.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Man Industries (India) Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Man Industries is undertaking a significant CAPEX of around Rs. 1,100 to Rs. 1,150 crores, split between:
- Jammu plant: Rs. 550 crores
- Saudi plant: Rs. 600 crores
- As of the report date, about Rs. 150 crores has been spent from internal accruals and equity.
- Financial arrangements for Rs. 790 crores in loans are tied up but not yet drawn; remaining funding will be from internal accruals.
- Loan borrowings will be through subsidiaries with Man Industries providing guarantees in part.
- Both Jammu and Saudi projects are progressing well, with production expected to start in Q3 FY '26.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Man Industries (India) Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current strong order pipeline is Rs. 2,900 crores, with execution expected within 6 to 12 months.
- Bid book pipeline stands at Rs. 15,000 crores.
- Company is confident of meeting FY '25 full-year revenue guidance of Rs. 3,300 crores.
- FY '26 guidance anticipates a turnover of around Rs. 4,000 crores based on current visibility and new projects (Jammu and Saudi).
- Additional order inflow of approximately Rs. 1,100 crores needed soon to meet targets, with confidence due to Rs. 15,000 crores bids.
2 more points management made on order book & pipeline
Man Industries (India) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹51 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Man Industries's management said in earlier quarters
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Frequently Asked Questions
What were Man Industries (India) Ltd Q3 FY25 results?
FY '26 revenue guidance: Rs. FY '26 revenue guidance is Rs.
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 23.5 with a market cap of ₹3,999 Cr. Investors should review the full earnings analysis for detailed insights.
Is Man Industries (India) Ltd planning capital expenditure?
Man Industries is undertaking a significant CAPEX of around Rs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.