Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q3 FY2025 Earnings Presentation
23 slides from Man Industries (india)'s earnings presentation, Feb 13, 2025
Slide 1: Cover letter to stock exchanges
February 13, 2025 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: 5132
Slide 2: Earnings Presentation Q3 & 9M FY25
Earnings Presentation Q3 & 9M FY25
Slide 3: Company overview
2 Company overview Among leading manufacturer of 3 state of art manufacturing large diameter pipes with 3 facility with 6 production lines 1.18 Million+ MTPA Decades of presence in API Pipe Strategically located units to cater Total installed capacity Industry export market API grade LSAW, HSAW, ERW
Slide 4: Journey So Far
33 Journey So Far • 2001: Coating plant for PE & CTE coating established • 2016: Commissioned 5,600 Ton Hydraulic JCO press with capacity of 2mn and 1.6mn sq.mtr. Respectively. at Gujarat Plant, developed in-house. • 2005: New pipe & coating complex established with • 2017: Commissioned Concrete wei
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 of He is associated with Man Industries Ltd. after completing education industrial experience. As the driving forc
Slide 6: Manufacturing Process
5 Manufacturing Process • Man Industries (India) Ltd. has three plants: two plant in Anjar, Kutch District of Gujarat and other in Pithampur, Madhya Pradesh spread over a total of 180 acres. • The combined manufacturing capacity of all plants is 1.18+ Mn TPA of LSAW, HSAW and ERW Pipes with strong c
Slide 7: New Initiative 1: Greenfield Expansion In Jammu
6 New Initiative 1: Greenfield Expansion In Jammu MAN stainless steel tubes Ltd Stainless steel (Seamless pipes) 20,000 INR 5.64 bn Q3’FY26 SS Seamless Mother Pipe SS Seamless Pilgurred Pipe MTPA Project Cost Commercialization date Key USPs: Key USPs: Size Range: Ø 33.4- Ø 127 mm Size Range: Ø 12.7-
Slide 8: New Initiative 2: Strategic Expansion In Saudi Arabia
7 New Initiative 2: Strategic Expansion In Saudi Arabia MAN Saudi H-SAW PIPES 3,00,000 INR 6 bn Q3’FY26 MTPA Project Cost Commercialization date Rationale: • Massive demand anticipated in water and oil & gas pipe sector due to infra push in the region. H-SAW • Enhanced capacity utilization driven by
Slide 9: Marquee Clientele across Globe
8 Marquee Clientele across Globe Domestic Clients International Clients EARNINGS PRESENTATION
Slide 10: Accolades & Certifications
9 Accolades & Certifications EARNINGS PRESENTATION
Slide 11: Financial Highlights
8 Financial Highlights EARNINGS PRESENTATION
Slide 12: Q3FY25 Operational Highlights
11 Q3FY25 Operational Highlights • Order Book: Company has announced new order of INR 2.5bn; with this current orderbook stands at ~INR 29bn, to be executed within the next 6 to 12 months. Current bid book stands at ~INR 150bn. • New Projects: Saudi and Jammu expansion program is in full swing. Both
Slide 13: Quarterly Standalone Financial Performance
12 Quarterly Standalone Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q3FY25 Q3FY24 Q2FY25 Revenue from Operations 7,308 8,303 8,050 Other Income 147 205 88 Total Income 7,455 8,508 8,138 Operating expenses 6,587 7,655 7,362 EBITDA* 868 853 776 EBITDA Margin
Slide 14: Quarterly Consolidated Financial Performance
13 Quarterly Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q3FY25 Q3FY24 Q2FY25 Revenue from Operations 7,319 8,330 8,062 Other Income 56 144 107 Total Income 7,375 8,474 8,170 Operating expenses 6,532 7,683 7,425 EBITDA* 843 791 745 EBITDA Marg
Slide 15: 9M-FY25 Standalone Income Statement
14 9M-FY25 Standalone Income Statement *All figures reported in INR Millions, except for EPS Particulars 9MFY25 9MFY24 Revenue from Operations 22,678 23,020 Other Income 488 478 Total Income 23,166 23,498 Operating Expenses 20,903 21,186 EBITDA* 2,263 2,313 EBITDA Margins (%) 9.8% 9.8% Depreciation
Slide 16: 9M-FY25 Consolidated Income Statement
15 9M-FY25 Consolidated Income Statement *All figures reported in INR Millions, except for EPS Particulars 9MFY25 9MFY24 Revenue from Operations 22,869 23,315 Other Income 363 377 Total Income 23,232 23,692 Operating Expenses 21,066 21,487 EBITDA* 2,166 2,205 EBITDA Margins (%) 9.3% 9.3% Depreciatio
Slide 17: Historical Consolidated Income Statement
16 Historical Consolidated Income Statement *All figures reported in INR Millions, except for EPS Particulars FY22 FY23 FY24 9MFY25 Revenue from Operations 21,386 22,313 31,422 22,869 Other Income 371 390 521 363 Total Income 21,757 22,703 31,942 23,232 Operating Expenses 19,580 20,943 29,010 21,066
Slide 18: Historical Consolidated Balance Sheet
17 Historical Consolidated Balance Sheet *All figures reported in INR Millions Particulars FY24 H1FY25 Particulars FY24 H1FY25 EQUITY AND LIABILITIES ASSETS Equity Share Capital 324 324 Non-Current Assets Property, Plant and Equipment 5,234 5,236 Other Equity 13,725 14,273 Right-of-use Assets 163 14
Slide 19: Historical Consolidated Financial Performance
18 Historical Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Revenue (INRTotal Mn) &Income Gross Margins (%) Gross Profit Revenue (INR&Mn) Gross Profit & Gross Margin(%) Margins (%) EBITDA & EBITDA Margins (%) 31,942 7,907 2,932 6,882 23,232 5,924 2,359 21,1
Slide 20: Quarterly Consolidated Financial Trends
19 Quarterly Consolidated Financial Trends *All figures reported in INR Millions, except for EPS Revenue (INRTotal Mn) &Income Gross Margins (%) Gross Profit & Gross Profit Margin(%) EBITDA & EBITDA Margins (%) 8,474 843 8,250 8,170 2,161 2,151 790 2,016 727 745 1,851 7,688 579 7,375 1,464 11.43% 29
Slide 21: Capital Market Data
20 Capital Market Data 1 Year Stock Performance (up to 31st December, 2024) 130% 80% 30% -20% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Man Industries Sensex Market Data (As on 31st December, 2024) Shareholding Pattern (As on 31st December, 2024) Shareholder
Slide 22: Disclaimer
21 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 23: Thank You
aoMAN justries (India) Ltd Oo MAN ae Industries (India) Ltd the line pipe people THANK YOU
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