MANINDS

What Man Industries (India) promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 23 tracked 2 delivered 1 missed 20 open
  • Saudi Plant Operational Timeline diluted said Q3 FY25 Promised: Q3 FY26 Q1 FY27: Promise superseded by 'dammam-coating-commissioning'. The original pipe plant plan is defunct.
  • FY26 EBITDA Margin delivered said Q4 FY25 Promised: 50 to 100 basis points improvement Q4 FY26: Achieved 13% consolidated EBITDA margin for FY26, meeting the revised guidance of 13-14%.
  • FY26 Revenue Growth missed said Q4 FY25 Promised: 20% topline growth Q4 FY26: Actual FY26 consolidated revenue was Rs. 3,592.5 cr, a ~1% growth YoY, missing the 20% target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 23 tracked commitments for Man Industries (India) — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens