Synopsis:
MAN Industries (India) secures a Rs. 1,700 crore export order for coated pipes, elevating its unexecuted order ebook to Rs. 4,700 crore, reflecting robust demand and buyer confidence in its capabilities.
Throughout Wednesday’s buying and selling session, shares of one of many largest producers and exporters of enormous diameter carbon metal line pipes in India surged round 11 % on BSE, after securing an export order value Rs. 1,700 crores.
At 10:26 a.m., the shares of MAN Industries (India) Restricted had been buying and selling within the inexperienced at Rs. 425.2 on BSE, up by round 9.5 %, as in opposition to its earlier closing worth of Rs. 388.5, with a market cap of Rs. 2,859 crores. The inventory has delivered constructive returns of round 6 % within the final one yr, however has fallen by over 6 % within the final one month.
What’s the Information
As per the most recent regulatory filings with the inventory exchanges, MAN Industries (India) Restricted has acquired a brand new export order for round Rs. 1,700 crores from an undisclosed Worldwide buyer for the provision of varied varieties of coated pipes, bringing the corporate’s whole unexecuted order ebook to round Rs. 4,700 crores.
This order is scheduled for execution over the subsequent 6 to 12 months, and underscores the strong demand surroundings and reaffirms the boldness of worldwide prospects within the firm’s technological experience and execution capabilities.
Financials and extra
Man Industries reported a marginal decline in its income from operations, displaying a year-on-year lower of round 1 % from Rs. 749 crores in Q1 FY25 to Rs. 742 crores in Q1 FY26. In distinction, its internet revenue elevated throughout the identical interval from Rs. 19 crores to Rs. 28 crores, representing an increase of about 47 % YoY.
The corporate reaffirmed its FY26 income development steerage of round 20 %, pushed by robust momentum anticipated in H2 FY26. This outlook is supported by a strong manufacturing schedule for H2 FY26 and constant order inflows, that are anticipated to considerably enhance capability utilisation.
With strategic capability expansions, most notably the upcoming greenfield tasks in Saudi Arabia and Jammu, the corporate is well-positioned to strengthen its presence in high-growth markets such because the Center East and ship sustained worth to stakeholders.
Establishing a brand new manufacturing facility in Dammam, Saudi Arabia, with a complete capex of ~Rs. 1,200 crore, geared toward boosting capabilities, increasing international presence, and capturing high-growth alternatives in worldwide markets. As of the July 2025 shareholding information out there with the BSE, the ace investor Ashish Kacholia holds a 1.82 % stake within the firm.
Man Industries (India) Restricted is engaged within the enterprise of producing, processing and buying and selling of submerged arc welded pipes & metal merchandise. It is likely one of the largest producers and exporters of enormous diameter carbon metal line pipes in India, with world-class capabilities in LSAW (Longitudinal Submerged Arc Welded), HSAW (Helical Submerged Arc Welded), and ERW (Electrical Resistance Welded) pipe applied sciences, and superior pipe coating options.
The corporate provides important infrastructure to high-pressure transmission methods for oil & fuel, petrochemicals, water, fertilisers, dredging, hydrocarbon, and metropolis fuel distribution (CGD) sectors throughout India and international markets.
It operates two state-of-the-art manufacturing amenities – one in Pithampur (Madhya Pradesh), and the opposite in Anjar (Gujarat), with a mixed put in capability of over 1.18 million tonnes every year (MTPA).
Written by Shivani Singh
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