MANINDS Man Industries (India) Q1 FY27 results (Apr–Jun 2026) and concall
Man Industries delivered a robust Q1 FY27, achieving its highest ever consolidated quarterly EBITDA and strong revenue growth, driven by optimized product mix and a deepening global order pipeline. The company's order book and bid pipeline remain healthy, providing significant future visibility. Strategic expansions in Saudi Arabia (NPC acquisition, Dammam coating plant) and India (Jammu stainless project, Merino Shelters) are progressing, aiming to diversify revenue streams and enhance margins, despite some initial margin dilution from consolidation adjustments and a QoQ gross margin decline.
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What they filed
Q1 FY27: revenue up 41.9%, net profit up 117.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 806 | 732 | 1,218 | 742 | 834 +3% | 830 +13% | 1,157 −5% | 1,053 +42% |
| EBITDA | 64 | 79 | 121 | 49 | 121 +89% | 128 +62% | 140 +16% | 143 +192% |
| Net profit | 32 | 34 | 68 | 28 | 37 +16% | 55 +62% | 51 −25% | 61 +118% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





