MAN Industries Reports Strong Q1FY26 Performance; PAT Up ~45% YoY

13 Aug 2025 CW Team

Business Highlights

Export Shipments: Export volumes during Q1FY26 were temporarily impacted due to deferments in scheduled consignments arising from vessel availability issues linked to the Iran–Israel conflict. The affected shipments are now in transit and expected to be recorded in the current quarter.
Order Book: As on June 30, 2025, the company maintained a robust executable order book of Rs 32 billion for delivery over the next 6–12 months, backed by a strong bid pipeline of around Rs 150 billion, providing healthy revenue visibility.
Strategic Expansions – Saudi Arabia & Jammu: Greenfield projects in Saudi Arabia and Jammu remain on track for commissioning in Q3/Q4 FY26. These facilities are expected to enhance MAN Industries’ global manufacturing footprint and strengthen its presence in high-growth markets.

The company reaffirmed its FY26 revenue growth guidance of around 20 per cent, expecting stronger momentum in the second half of the fiscal year. This will be supported by a robust H2FY26 production schedule, sustained order inflows, and higher capacity utilisation. Strategic capacity additions in Saudi Arabia and Jammu are anticipated to drive efficiencies, boost output, and create long-term stakeholder value.

Nikhil Mansukhani, Managing Director, MAN Industries (India), said, “The strong rise in profitability and healthy margin expansion this quarter underscore the resilience, scalability, and operational excellence of our business model. With our capacity expansion projects in Saudi Arabia and Jammu progressing well, we are on track to enhance production capabilities, drive efficiencies, and strengthen our footprint in both domestic and international markets. We remain committed to leveraging these strategic investments to deliver sustained growth and long-term value to our stakeholders.”

MAN Industries (India) has announced its financial results for the quarter ended June 30, 2025, delivering a resilient operational performance despite softer revenues. The company posted a ~45 per cent year-on-year rise in consolidated Profit After Tax (PAT), driven by improved operational efficiency, supported by a favourable product and geographic mix.Business HighlightsExport Shipments: Export volumes during Q1FY26 were temporarily impacted due to deferments in scheduled consignments arising from vessel availability issues linked to the Iran–Israel conflict. The affected shipments are now in transit and expected to be recorded in the current quarter.Order Book: As on June 30, 2025, the company maintained a robust executable order book of Rs 32 billion for delivery over the next 6–12 months, backed by a strong bid pipeline of around Rs 150 billion, providing healthy revenue visibility.Strategic Expansions – Saudi Arabia & Jammu: Greenfield projects in Saudi Arabia and Jammu remain on track for commissioning in Q3/Q4 FY26. These facilities are expected to enhance MAN Industries’ global manufacturing footprint and strengthen its presence in high-growth markets.The company reaffirmed its FY26 revenue growth guidance of around 20 per cent, expecting stronger momentum in the second half of the fiscal year. This will be supported by a robust H2FY26 production schedule, sustained order inflows, and higher capacity utilisation. Strategic capacity additions in Saudi Arabia and Jammu are anticipated to drive efficiencies, boost output, and create long-term stakeholder value.Nikhil Mansukhani, Managing Director, MAN Industries (India), said, “The strong rise in profitability and healthy margin expansion this quarter underscore the resilience, scalability, and operational excellence of our business model. With our capacity expansion projects in Saudi Arabia and Jammu progressing well, we are on track to enhance production capabilities, drive efficiencies, and strengthen our footprint in both domestic and international markets. We remain committed to leveraging these strategic investments to deliver sustained growth and long-term value to our stakeholders.”

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