Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Man Industries (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 598 | 490 | 1,018 | 833 | 811 | 749 | 806 | 732 | 1,218 | 742 | 834 | 830 | 1,157 |
| Expenses + | 557 | 444 | 948 | 768 | 752 | 711 | 742 | 653 | 1,097 | 693 | 713 | 703 | 1,018 |
| Operating Profit | 41 | 47 | 70 | 65 | 58 | 38 | 64 | 79 | 121 | 49 | 121 | 128 | 140 |
| OPM % | 7% | 10% | 7% | 8% | 7% | 5% | 8% | 11% | 10% | 7% | 15% | 15% | 12% |
| Other Income + | 11 | 4 | 21 | 14 | 14 | 20 | 11 | 6 | 15 | 31 | -19 | 8 | 8 |
| Interest | 6 | 21 | 22 | 20 | 25 | 18 | 21 | 26 | 35 | 30 | 30 | 38 | 52 |
| Depreciation | 11 | 15 | 15 | 16 | 15 | 13 | 11 | 11 | 11 | 13 | 22 | 21 | 23 |
| Profit before tax | 34 | 14 | 54 | 43 | 32 | 28 | 43 | 47 | 91 | 38 | 49 | 76 | 73 |
| Tax % | 12% | 22% | 28% | 29% | 26% | 31% | 26% | 27% | 25% | 28% | 25% | 28% | 30% |
| Net Profit + | 30 | 11 | 39 | 31 | 24 | 19 | 32 | 34 | 68 | 28 | 37 | 55 | 51 |
| EPS in Rs | 4.96 | 1.87 | 6.50 | 5.09 | 3.73 | 2.94 | 4.92 | 5.27 | 10.53 | 4.11 | 4.93 | 7.34 | 6.78 |
Financials of Man Industries (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,364 | 1,392 | 1,060 | 1,608 | 2,222 | 1,759 | 2,080 | 2,139 | 2,231 | 3,142 | 3,505 | 3,564 |
| Expenses + | 1,250 | 1,272 | 1,012 | 1,483 | 2,044 | 1,591 | 1,875 | 1,958 | 2,094 | 2,901 | 3,204 | 3,125 |
| Operating Profit | 114 | 120 | 48 | 125 | 178 | 168 | 205 | 181 | 137 | 241 | 301 | 439 |
| OPM % | 8% | 9% | 5% | 8% | 8% | 10% | 10% | 8% | 6% | 8% | 9% | 12% |
| Other Income + | 35 | 67 | 72 | 53 | 21 | 14 | 31 | 37 | 39 | 52 | 52 | 29 |
| Interest | 46 | 56 | 36 | 43 | 64 | 64 | 53 | 37 | 41 | 88 | 100 | 152 |
| Depreciation | 43 | 37 | 40 | 39 | 46 | 52 | 46 | 45 | 46 | 61 | 45 | 79 |
| Profit before tax | 60 | 93 | 44 | 95 | 88 | 65 | 137 | 135 | 89 | 144 | 208 | 237 |
| Tax % | 17% | 7% | 24% | 33% | 33% | 15% | 26% | 25% | 25% | 27% | 26% | 28% |
| Net Profit + | 50 | 86 | 34 | 64 | 59 | 56 | 101 | 102 | 67 | 105 | 153 | 170 |
| EPS in Rs | 8.82 | 15.14 | 5.88 | 11.15 | 10.30 | 9.72 | 17.66 | 17.16 | 11.15 | 16.24 | 23.66 | 22.73 |
| Dividend Payout % | 17% | 10% | 26% | 13% | 15% | 10% | 11% | 0% | 0% | 12% | 0% | 0% |
Financials of Man Industries (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 30 | 30 | 32 | 32 | 38 |
| Reserves | 454 | 538 | 570 | 624 | 673 | 718 | 806 | 913 | 1,102 | 1,372 | 1,575 | 2,049 |
| Borrowings + | 495 | 353 | 447 | 368 | 244 | 294 | 296 | 57 | 301 | 326 | 476 | 628 |
| Other Liabilities + | 522 | 323 | 311 | 678 | 648 | 787 | 655 | 821 | 427 | 684 | 1,696 | 2,306 |
| Total Liabilities | 1,499 | 1,243 | 1,356 | 1,698 | 1,594 | 1,827 | 1,786 | 1,820 | 1,860 | 2,415 | 3,779 | 5,021 |
| Fixed Assets + | 416 | 349 | 346 | 355 | 396 | 368 | 337 | 318 | 553 | 605 | 643 | 864 |
| CWIP | 3 | 19 | 5 | 63 | 3 | 4 | 1 | 20 | 14 | 31 | 133 | 326 |
| Investments | 3 | 104 | 104 | 103 | 102 | 102 | 103 | 102 | 0 | 228 | 26 | 71 |
| Other Assets + | 1,077 | 771 | 902 | 1,176 | 1,093 | 1,353 | 1,345 | 1,379 | 1,293 | 1,552 | 2,977 | 3,760 |
| Total Assets | 1,499 | 1,243 | 1,356 | 1,698 | 1,594 | 1,827 | 1,786 | 1,820 | 1,860 | 2,415 | 3,779 | 5,021 |
Financials of Man Industries (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 64 | 205 | -75 | 132 | 137 | 214 | -60 | 451 | -120 | 345 | 68 | |
| Cash from Investing Activity + | -61 | 2 | 21 | -105 | 0 | -46 | 4 | -119 | -135 | -279 | -41 | |
| Cash from Financing Activity + | -35 | -188 | 41 | -115 | -138 | -37 | -63 | -267 | 211 | 86 | 30 | |
| Net Cash Flow | -31 | 19 | -13 | -88 | -1 | 131 | -119 | 65 | -45 | 152 | 56 | |
| Free Cash Flow | 69 | 158 | -98 | 22 | 111 | 204 | -72 | 405 | -328 | 228 | -86 | |
| CFO/OP | 68% | 186% | -123% | 123% | 92% | 144% | -11% | 275% | -68% | 157% | 40% |
Financials of Man Industries (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130 | 70 | 117 | 87 | 91 | 93 | 115 | 93 | 81 | 41 | 93 | 103 |
| Inventory Days | 92 | 44 | 49 | 126 | 47 | 110 | 85 | 73 | 84 | 98 | 190 | 251 |
| Days Payable | 135 | 75 | 94 | 174 | 121 | 162 | 133 | 174 | 70 | 76 | 180 | 241 |
| Cash Conversion Cycle | 87 | 39 | 71 | 39 | 17 | 41 | 67 | -8 | 95 | 63 | 104 | 114 |
| Working Capital Days | 62 | 34 | 46 | 25 | 17 | -14 | 34 | 23 | 69 | 33 | 38 | 29 |
| ROCE % | 10% | 16% | 8% | 14% | 16% | 13% | 17% | 16% | 10% | 14% | 16% | 16% |