Man Industries Q1 PAT Jumps 45 per cent on Strong Margins

12 Aug 2025 CW Team

Man Industries (India) Ltd. has reported a robust financial performance for the quarter ended 30 June 2025, with consolidated Profit After Tax (PAT) surging 44.9 per cent year-on-year to Rs 276 million, driven by improved operational efficiency and a favourable product and geographic mix.

Consolidated revenue stood at Rs 7.42 billion, marginally lower by 0.9 per cent from the previous year, while consolidated EBITDA rose 39.3 per cent year-on-year to Rs 806 million, with margins improving by 290 basis points to 10.4 per cent. Standalone EBITDA increased 30.4 per cent to Rs 806 million, reflecting stronger profitability.

As of Q1 FY26, the company’s executable order book stood at Rs 32 billion, with delivery scheduled over the next 6–12 months, supported by a healthy bid pipeline of Rs 150 billion. Export shipments during the quarter were impacted by vessel availability constraints due to the Iran–Israel conflict, but these consignments are now in transit and expected to be booked in the current quarter.

Strategic expansion projects in Saudi Arabia and Jammu remain on schedule, with commissioning planned for Q3/Q4 FY26. These greenfield facilities are expected to enhance Man Industries’ global manufacturing capacity and strengthen its presence in high-growth markets such as the Middle East.

The company has reaffirmed its FY26 revenue growth guidance of around 20 per cent, backed by a strong H2 production schedule and sustained order inflows.

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