Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q3 FY2026 Earnings Presentation
22 slides from Man Industries (india)'s earnings presentation, Feb 9, 2026
Slide 1: Intimation to stock exchanges: Earnings Presentation Q3 & 9M FY26
February 9, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Scrip Code: 51326
Slide 2: Earnings Presentation Q3/9M-FY26
1 Earnings Presentation Q3/9M-FY26
Slide 3: Company Overview
2 Company Overview Among leading manufacturer of large 2 state of art manufacturing facilities 1.2 Million+ MTPA diameter pipes with 3 Decades of with 6 production lines Strategically presence in Pipe Industry Total installed capacity located units to cater export market API grade LSAW, HSAW, 35+ Ye
Slide 4: Journey So Far
3 Journey So Far • 2016: Commissioned 5,600 Ton Hydraulic JCO • 2001: Coating plant for PE & CTE coating established press at Gujarat Plant, developed in-house. 2025: with capacity of 2mn and 1.6mn sq.mtr. Respectively. • 2017: Commissioned Concrete weight • Installed an advanced Spiral Mill and PU
Slide 5: Experienced Management governed by a Strong Board
4 Experienced Management governed by a Strong Board Dr. Ramesh C. Mansukhani Mr. Nikhil Mansukhani Chairman Managing Director He is a first-generation entrepreneur with over four decade He is associated with Man Industries Ltd. after completing of industrial experience. As the driving force behind M
Slide 6: Manufacturing Facilities
5 Manufacturing Facilities • MAN Industries (India) Ltd. operates two advanced manufacturing facilities—one in Anjar, Kutch District, Gujarat and another in Pithampur, Madhya Pradesh—together spanning over ~182 acres. • With a combined manufacturing capacity exceeding 1.2 million tonnes per annum (T
Slide 7: New Initiative: Strategic Expansion In Saudi Arabia and Jammu
6 New Initiative: Strategic Expansion In Saudi Arabia and Jammu MAN Saudi MAN Stainless Steel Tubes Ltd H-SAW PIPES Stainless steel (Seamless pipes) 3,00,000 INR 6 bn Q1-FY27 22,000 INR 5.9 bn Q2-FY27 MTPA Project Cost Commercialization date MTPA Project Cost Commercialization date Rationale: Ration
Slide 8: Marquee Clientele across Globe
7 Marquee Clientele across Globe Domestic Clients International Clients 7
Slide 9: Accolades & Certifications
8 Accolades & Certifications 8
Slide 10: Financial Highlights
89 Financial Highlights EARNINGS PRESENTATION
Slide 11: Q3-FY26 Operational Highlights
10 Q3-FY26 Operational Highlights Robust Profit Growth & Strong Balance Sheet: • Consolidated Profit After Tax (PAT) in 9M FY26 grew by approximately 41% year-on-year, while cash profit increased by ~47% year- on-year. During Q3 FY26, PAT rose by ~61% YoY and ~49% QoQ, while cash profit increased by
Slide 12: Quarterly Standalone Financial Performance
11 Quarterly Standalone Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q3-FY26 Q3-FY25 YoY (%) Q2-FY26 QoQ (%) Revenue from Operations 8,035 7,308 9.9% 7,816 2.8% Other Income 135 147 (8.2)% (128) NA Total Income 8,170 7,455 9.6% 7,688 6.3% Operating expenses
Slide 13: YTD Standalone Financial Performance
12 YTD Standalone Financial Performance *All figures reported in INR Millions, except for EPS Particulars 9M-FY26 9M-FY25 Y-o-Y Revenue from Operations 22,983 22,678 1.3% Other Income 356 488 (27.0)% Total Income 23,339 23,166 0.7% Operating expenses 20,140 20,903 (3.7)% EBITDA* 3,199 2,263 41.4% EB
Slide 14: Quarterly Consolidated Financial Performance
13 Quarterly Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q3-FY26 Q3-FY25 YoY (%) Q2-FY26 QoQ (%) Revenue from Operations 8,304 7,319 13.5% 8,341 (0.4)% Other Income 83 56 48.2% (193) NA Total Income 8,387 7,375 13.7% 8,148 2.9% Operating expen
Slide 15: YTD Consolidated Financial Performance
14 YTD Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Particulars 9M-FY26 9M-FY25 Y-o-Y Revenue from Operations 24,066 22,869 5.2% Other Income 205 363 (43.5)% Total Income 24,271 23,232 4.5% Operating expenses 21,087 21,066 0.1% EBITDA* 3,184 2,166 47.0% EB
Slide 16: Historical Consolidated Income Statement
15 Historical Consolidated Income Statement *All figures reported in INR Millions, except for EPS Particulars FY23 FY24 FY25 9M-FY26 Revenue from Operations 22,313 31,422 35,054 24,066 Other Income 390 521 518 205 Total Income 22,703 31,942 35,572 24,271 Operating Expenses 20,943 29,010 32,039 21,08
Slide 17: Consolidated Balance Sheet
16 Consolidated Balance Sheet *All figures reported in INR Millions Particulars FY24 FY25 H1-FY26 Particulars FY24 FY25 H1-FY26 EQUITY AND LIABILITIES ASSETS Equity Share Capital 324 324 375 Non-Current Assets Property, Plant and Equipment 5,234 5,539 5,709 Other Equity 13,725 15,749 19,292 Right-of
Slide 18: Quarterly Consolidated Financial Performance Trend
17 Quarterly Consolidated Financial Performance Trend *All figures reported in INR Millions, except for EPS Total Income* Gross Profit & Gross Profit Margin (%)* 12,339 3,410 8,387 2,592 7,736 8,148 7,375 2,151 2,128 1,833 40.7% 29.2% 23.7% 26.1% 21.0% Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25
Slide 19: Historical Consolidated Financial Performance
18 Historical Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Total Income* Gross Profit & Gross Profit Margin (%)* 35,572 7,907 8,223 31,942 7,372 22,703 24,271 4,973 30.4% 21.9% 24.8% 23.1% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 EBITDA & EBITDA Margi
Slide 20: Capital Market Data
19 Capital Market Data 1 Year Stock Performance (up to 31st December, 2025) 60% 40% 20% 0% -20% -40% -60% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Man Industries Sensex Market Data (As on 31st December, 2025) Shareholding Pattern (As on 31st December, 2025)
Slide 21: Disclaimer
20 Disclaimer Man Industries Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in
Slide 22: Thank You
oO MAN 7 ON Industries (India) Ltd the line pipe people THANK YOU
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