MANINDS Man Industries (India) Q4 FY26 results (Jan–Mar 2026) and concall
Man Industries delivered a landmark FY26, achieving record standalone and consolidated EBITDA and PAT margins, driven by strong operational performance. The strategic acquisition of National Pipe Company (NPC) in Saudi Arabia significantly expanded the company's capacity and geographic footprint, contributing to a robust consolidated revenue guidance of INR5,000-5,500 crores for FY27. Despite a one-time forex impact on consolidated profitability, the company maintained a strong cash position and outlined substantial capex plans for future growth initiatives.
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What they filed
Q4 FY26: revenue down 5.0%, net profit down 25.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 806 | 732 | 1,218 | 742 | 834 +3% | 830 +13% | 1,157 −5% |
| EBITDA | 64 | 79 | 121 | 49 | 121 +89% | 128 +62% | 140 +16% |
| Net profit | 32 | 34 | 68 | 28 | 37 +16% | 55 +62% | 51 −25% |
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.
