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MAN Industries Announces Strong Q1FY26 Results

Nikhil Mansukhani, Managing Director, MAN Industries (India) Limited commented
Nikhil Mansukhani, Managing Director, MAN Industries (India) Limited commented
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Mumbai, 12th August 2025: Man Industries (India) Ltd. today announced its financial results for the quarter ended June 30, 2025, delivering a strong operating performance. The Company reported a ~45% year‑on‑year growth in consolidated Profit After Tax (PAT), underscoring improved operational efficiency supported by a favorable product and geographic mix.

Financial Summary Q1FY26:

 

  Standalone Consolidated
Particulars (In Rs Crores) Q1FY26 Q1FY25 YoY (%) Q1FY26 Q1FY25 YoY (%)
Revenue from Operations 713.1 731.9 -2.6% 742.1 748.7 -0.9%
Other Income 35.0 25.4 38.0% 31.5 20.1 56.7%
Total Income 748.1 757.3 -1.2% 773.6 768.8 0.6%
EBITDA 80.6 61.8 30.4% 80.6 57.9 39.3%
EBITDA Margin (%) 10.8% 8.2% 260bps 10.4% 7.5% 290bps
PAT 29.1 24.1 20.6% 27.6 19.1 44.9%
PAT Margins (%) 3.9% 3.2% 70bps 3.6% 2.5% 110bps
EPS 4.4 3.7 16.8% 4.1 2.9 40.4%

 *Total Income includes other income which is from business operations by nature

Key Business Updates:

  • Export Shipments-Q1FY26: Export volumes during the quarter were impacted by deferments in certain scheduled consignments due to vessel availability constraints stemming from the Iran–Israel conflict. The shipments affected are now in transit and are expected to be accounted for in the current quarter.
  • Order Book Position: As of Q1FY26, the Company commands a robust executable order book of ₹3,200 crore for delivery over the next 6–12 months, supported by a strong bid pipeline of about ₹15,000 crore, providing healthy revenue visibility.
  • Strategic Expansions- Saudi Arabia & Jammu: Greenfield projects in Saudi Arabia and Jammu are progressing on schedule, with commissioning targeted for Q3/Q4 FY26. These facilities will significantly enhance MAN Industries’ global manufacturing footprint and market reach.

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