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Man Industries (India) MANINDS.NS · INR

Industrials · NSE · 🇮🇳 India

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795.65

-0.26%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹35.64bn

FY2017FY2026

Net income

₹1.70bn

FY2017FY2026

Free cash flow

₹398.9m

FY2017FY2026

Shareholders' equity

₹20.87bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹35.64bn₹35.05bn₹31.42bn₹22.31bn₹21.39bn₹20.80bn₹17.16bn₹21.69bn₹15.28bn₹10.60bn
Operating income₹3.60bn₹6.93bn₹1.88bn₹934.9m₹1.36bn₹1.60bn₹1.11bn₹1.47bn₹999.8m₹449.2m
Net income₹1.70bn₹1.53bn₹1.05bn₹670.4m₹1.02bn₹1.01bn₹555.0m₹588.4m₹636.9m₹335.7m
Diluted earnings per share22.7320.4215.9010.7116.9017.659.2410.3011.154.48

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹50.21bn₹37.79bn₹24.15bn₹17.28bn₹18.20bn₹17.86bn₹18.27bn₹15.94bn₹16.98bn₹13.56bn
Cash and short-term investments₹7.28bn₹4.05bn₹4.17bn₹372.9m₹819.5m₹179.2m₹1.36bn₹49.7m₹60.1m₹1.65bn
Total liabilities₹29.34bn₹21.72bn₹10.10bn₹7.24bn₹8.78bn₹9.51bn₹10.81bn₹8.92bn₹10.45bn₹7.58bn
Debt₹6.28bn₹4.76bn₹3.26bn₹2.99bn₹569.5m₹2.96bn₹2.94bn₹2.44bn₹3.68bn₹4.47bn
Shareholders' equity₹20.87bn₹16.07bn₹14.05bn₹11.32bn₹9.42bn₹8.35bn₹7.46bn₹7.02bn₹6.52bn₹5.98bn
Shares outstanding75m75m66m63m60m57m60m57m57m75m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹3.80bn₹679.9m₹2.57bn−₹1.19bn₹4.51bn−₹598.9m₹2.14bn₹1.36bn₹1.32bn−₹747.8m
Capital spending−₹3.40bn−₹1.54bn−₹1.20bn−₹2.07bn−₹456.8m−₹121.9m−₹107.0m−₹267.0m−₹1.10bn−₹228.9m
Free cash flow₹398.9m−₹863.3m₹1.37bn−₹3.26bn₹4.05bn−₹720.9m₹2.04bn₹1.09bn₹215.1m−₹976.6m
Dividends paid——−₹120.2m−₹118.4m−₹118.4m−₹113.6m−₹139.8m−₹85.7m−₹85.7m−₹85.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹10.53bn₹11.57bn₹8.30bn₹8.34bn₹7.42bn₹12.18bn₹7.32bn₹8.06bn
Operating income₹1.14bn₹1.17bn₹1.44bn₹989.3m₹680.3m₹1.46bn₹674.9m₹529.6m
Net income₹614.3m₹508.5m₹550.4m₹369.8m₹276.2m₹681.5m₹341.3m₹318.6m
Diluted earnings per share8.196.787.344.933.689.095.164.82
Cash from operations———−₹619.0m—₹679.0m—₹792.0m
Capital spending———−₹575.0m—−₹1.54bn—−₹237.0m
Free cash flow———−₹1.19bn—−₹864.0m—₹555.0m
Total assets—₹50.21bn—₹40.50bn—₹37.79bn—₹30.59bn
Cash and short-term investments₹7.28bn₹7.28bn₹4.62bn₹4.80bn₹4.05bn₹4.05bn₹1.72bn₹4.05bn
Debt—₹5.67bn—₹5.61bn—₹4.76bn—₹2.16bn
Shareholders' equity₹20.87bn₹20.87bn₹19.67bn₹19.67bn₹16.07bn₹16.07bn₹14.60bn₹14.60bn

Financial ratios

Data as of 22 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin10.1%19.8%6.0%4.2%6.4%7.7%
Net margin4.8%4.4%3.3%3.0%4.7%4.8%
Return on equity8.2%9.5%7.5%5.9%10.8%12.1%
Return on assets3.4%4.1%4.4%3.9%5.6%5.6%
Free cash flow yield11.3%3.5%6.7%1.7%9.7%-1.0%
Revenue growth1.7%11.6%40.8%4.3%2.8%21.2%
Earnings growth11.3%45.7%56.8%-34.0%0.7%81.7%
Current ratio1.36x1.39x1.92x2.05x1.45x1.33x
Debt to equity0.27x0.29x0.22x0.26x0.06x0.34x
Equity ratio41.6%42.5%58.2%65.5%51.8%46.7%
Interest coverage2.37x6.96x2.14x2.28x3.66x3.04x
Buybacks as a share of market value0.0%-13.4%-5.7%-4.1%-5.2%4.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue16.9%11.4%9.9%
Operating income56.8%17.6%14.5%
Net income36.5%11.1%7.4%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin14.9%10.7%9.8%8.7%
Net margin4.6%4.0%4.2%4.0%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings35.318.920.726.74.65.78.83.55.324.4
Price to sales1.70.80.70.80.20.30.30.10.20.8

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 14 Aug 2023.

FY2024FY2023FY2021FY2020FY2019FY2018FY2017FY2016
Paid in the year2.002.002.002.501.501.501.501.50
  • 2-for-1 split · 9 Oct 2007

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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