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Man Industries Ltd. is one of the largest Manufacturers and Exporters of LSAW and HSAW pipes in India with a total installed capacity of 1 million tonnes. The company is among leading manufacturer of large diameter pipes with 3 Decades of presence in PipeIndustry.
Man Industries secured QatarEnergy's Preferred Manufacturers List approval for LSAW pipes, coating, and bends. This positions the company as an eligible bidder for major projects, strengthening its presence in the significant Qatari energy market and the GCC region.
Man Industries reported highest-ever Q1FY27 standalone PAT of ₹78 Cr (+167.7% YoY) and consolidated EBITDA of ₹155 Cr (+92.6% YoY). Revenue reached ₹1,065 Cr (+37.7% YoY). A robust ₹3,600 Cr orderbook and advancing greenfield projects support a ~₹5,000 Cr FY27 revenue target.
Man Industries' board approved audited financial results for the quarter and year. The auditor's report on these year-end results carries an unmodified opinion, signaling clean financials.
Man Industries delivered record FY26 consolidated EBITDA/PAT margins & robust Q4 standalone PAT growth of 74%. Strategic acquisition of Saudi's NPC for ~₹1,000 Cr expands global footprint. Strong ₹3,000 Cr order book & positive FY27 guidance signal robust growth ahead.
Man Industries, via its Saudi subsidiary, acquired National Pipe Co. for ~₹1,000 Cr, adding 430,000 MTPA pipe capacity. This debt-free, profit-making acquisition is EPS-accretive from Day 1, providing strategic Gulf market access and an integrated manufacturing & coating platform.