MANINDS Man Industries (India) Q2 FY26 results (Jul–Sep 2025) and concall
Man Industries reported a strong Q2 FY26, achieving its highest ever quarterly EBITDA margin of 12.5%. The company's order book stands at Rs. 4,750 crores, predominantly export-driven, with a substantial bid pipeline. Strategic expansions in Saudi Arabia and Jammu are on track for commissioning in FY27, aiming for a total revenue of Rs. 7,000 crores with improved blended margins. The company remains net cash positive and reiterates its 20% revenue growth guidance for FY26.
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What they filed
Q2 FY26: revenue up 3.5%, net profit up 15.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 806 | 732 | 1,218 | 742 | 834 +3% |
| EBITDA | 64 | 79 | 121 | 49 | 121 +89% |
| Net profit | 32 | 34 | 68 | 28 | 37 +16% |
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.
