Man Industries (India) Ltd
Man Industries (India) Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #45 of 100 in Industrial Products
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Man Industries (India) Ltd Q3 FY26 key numbers
- Revenue
- Combined optimal utilization of Saudi and Jammu plants could generate revenues around INR 4,000-INR 5,000 crores.
As stated in Man Industries (India) Ltd's Q3 FY26 earnings call transcript · published 19 Jul 2026. Reported figures, not investment advice.
The short version
The company expects approximately 25%-30% growth in FY '27 over FY '26 consolidated numbers. Guidance of 25%-30% growth in FY '27 from FY '26 on consolidated numbers.
From Man Industries (India) Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company expects approximately 25%-30% growth in FY '27 over FY '26 consolidated numbers.
- Saudi plant revenue guidance for FY '27 is between INR 1,500-INR 2,000 crores, rising to INR 2,000-INR 2,500 crores in FY '28, and INR 2,500-INR 3,000 crores by FY '29.
- Combined optimal utilization of Saudi and Jammu plants could generate revenues around INR 4,000-INR 5,000 crores.
- Merino Shelters (real estate) is expected to generate INR 600–700 crores revenue over the next 6-7 years starting FY '27.
- Internal growth target envisages 50%-55% consolidated growth including Saudi and Jammu contributions.
- Overall revenue target is about INR 5,500–6,000 crores for FY '27, consistent with commodity price fluctuations.
2 more points from Man Industries (India) Ltd's call on revenue
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Profitability & Margins
See what Man Industries (India) Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Strategic capacity expansion initiatives in Saudi Arabia and Jammu are progressing well.
- Key civil works and major equipment installations are substantially completed.
- Saudi facility expected to be completed by Q1 FY '27.
- Jammu facility remains on track, with completion anticipated by Q2 FY '27.
- Approximately 75% of the total capex for these expansions already spent; around INR 350-400 crores pending.
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
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 executable order book stands at approximately INR 4,000 crores, providing execution visibility over the next 6-12 months (Page 3).
- Bid pipeline value is around INR 11,500 crores (Page 5, Page 11).
- Bid ratio (winning ratio) averages 20%-30% of the bid value (Page 11).
- Bid book varies frequently as the company bids on hundreds of projects worldwide; same may fluctuate monthly (Page 15).
2 more points from Man Industries (India) Ltd's call on order book
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Man Industries (India) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): 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
Others in Industrial Products this season
- Shri Kanha Stainless Ltd (Q3 FY26)
Revenue/Sales Figures for the Quarter:** The presentation reports net sales of ₹322.20 crore for Q3 FY 2026. Key investor presentation takeaways from Shri Kanha
- Rappid Valves India Ltd (Q3 FY26)
Two concrete investments in manufacturing infrastructure totaling ₹139 Crores: . Key investor presentation takeaways from Rappid Valves India Ltd's Q3 FY26 inve
- Prime Cable Industries Limited (Q3 FY26)
Q3 FY26 provisional revenue: INR 71.8 crores . Key investor presentation takeaways from Prime Cable Industries Limited's Q3 FY26 investor presentation — and how
- Shubhshree Biofuels Energy Ltd (Q3 FY26)
Revenue in H1 FY26: ₹9,604.6 Lakhs, a 24.1% year-on-year (YoY) increase from ₹7,736.4 Lakhs. Key investor presentation takeaways from Shubhshree Biofuels Energy
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Man Industries (India) Ltd Q3 FY26 results?
The company expects approximately 25%-30% growth in FY '27 over FY '26 consolidated numbers. Guidance of 25%-30% growth in FY '27 from FY '26 on consolidated numbers.
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?
Strategic capacity expansion initiatives in Saudi Arabia and Jammu are progressing well.
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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.