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Last Updated: 10 Mar 2026, 03:30:03 PM (IST)

Man Industries (India) Limited

NSE: MANINDS BSE: MANINDS

NSE
401.60 9.00 (2.29%)

Prev Close

392.6

Open Price

402.95

Volume

342,608

Today Low / High

394.2 / 405

52 WK Low / High

239.05 / 491

Range

382 - 422

BSE
400.30 7.50 (1.91%)

Prev Close

392.8

Open Price

396.05

Volume

23,362

Today Low / High

394.8 / 404.9

52 WK Low / High

245.8 / 490.9

Range

380 - 420

The stock is currently trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). On the NSE, the stock is priced at 401.6 (target range: 382 - 422), reflecting a change of 9 (2.29241%). On the BSE, it is listed at 400.3 (target range: 380 - 420), showing a change of 7.5 (1.90937%). Both the NSE and BSE data indicate positive movement, suggesting the stock is on an upward trend. This could be an attractive opportunity for investors looking for growth.

Man Industries (India) Limited Graph

Man Industries (India) Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges

If you are looking for the target price for Man Industries (India) Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 401.60, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.

Scenario Price Target Range
Bullish Scenario 400.30 404.30 363.87 - 444.73
408.31 326.64 - 489.97
412.31 288.62 - 536.00
Bearish Scenario 400.30 396.30 356.67 - 435.93
392.29 313.84 - 470.75
388.29 271.80 - 504.78

Overview of Man Industries (India) Limited

ISIN

INE993A01026

Industry

Steel

Vol.Avg

880,906

Market Cap

33,251,742,824

Last Dividend

0

Official Website

Visit Website

IPO Date

2005-06-24

DCF Diff

328.11

DCF

115

Financial Ratios Every Investor Needs

Stock Dividend of MANINDS

Date Label Adj Dividend Dividend Record Date Payment Date Declaration Date
2023-08-14 August 14, 23 2 2 2023-08-16 2023-09-06
2022-04-28 April 28, 22 2 2 2022-04-29 2022-05-21
2020-11-03 November 03, 20 2 2 2020-11-04 2020-11-26
2020-03-19 March 19, 20 1 1 2020-03-21 2020-04-11 2020-03-06
2019-09-19 September 19, 19 1.5 1.5 2019-09-20 2019-10-27 2019-05-28

Stock Rating Details for MANINDS

Metric Value Recommendation
Overall Rating C- Strong Sell
DCF Score 3 Neutral
ROE Score 1 Strong Sell
ROA Score 1 Strong Sell
Debt-to-Equity (DE) Score 1 Strong Sell
Price-to-Earnings (PE) Score 2 Sell
Price-to-Book (PB) Score 1 Strong Sell

Annual Financial Income Report

Date Revenue Co.Rev GP GPR R&D Expenses G&A Expenses Operating Income Net Income EPS EBITDA NIR
2025-03-31 3,505.35 Cr 2,734.83 Cr 770.52 Cr 0.2198 0.00 Cr 37.30 Cr 693.46 Cr 153.17 Cr 23.66 301.41 Cr 0.0437
2024-03-31 3,142.18 Cr 2,693.90 Cr 448.28 Cr 0.1427 0.00 Cr 30.76 Cr 188.16 Cr 105.14 Cr 17.42 263.49 Cr 0.0335
2023-03-31 2,231.34 Cr 1,772.97 Cr 227.58 Cr 0.1020 0.00 Cr 21.64 Cr 93.49 Cr 67.04 Cr 11.17 175.98 Cr 0.0300
2022-03-31 2,138.63 Cr 1,754.81 Cr 284.30 Cr 0.1329 0.00 Cr 20.26 Cr 136.44 Cr 101.58 Cr 17.78 217.67 Cr 0.0475
2021-03-31 2,080.20 Cr 1,511.33 Cr 541.72 Cr 0.2604 0.00 Cr 16.02 Cr 160.47 Cr 100.85 Cr 17.66 235.88 Cr 0.0485

Annual Financials Balance Sheet

Date C&C Equ. Tot. Assets Tot. Liab. Stock. Equity Tot. Debt Net Debt Inv. PP&E (Net) Curr. Def. Rev. Non-Curr. Def. Rev. LT Invest. Curr. Liab.
2025-03-31 379.18 Cr 3,779.15 Cr 2,171.89 Cr 1,607.2600 Cr 476.23 Cr 97.05 Cr 1,268.54 Cr 705.82 Cr 0.00 Cr 0.00 Cr 151.16 Cr 1,984.9400 Cr
2024-03-31 159.15 Cr 2,415.16 Cr 1,010.29 Cr 1,404.8700 Cr 325.92 Cr 166.77 Cr 645.63 Cr 635.89 Cr 0.00 Cr 14.06 Cr 110.46 Cr 829.9787 Cr
2023-03-31 36.89 Cr 1,727.88 Cr 723.70 Cr 1,132.2906 Cr 298.93 Cr 262.04 Cr 406.81 Cr 488.98 Cr 24.21 Cr 2.31 Cr -12.80 Cr 564.4500 Cr
2022-03-31 81.95 Cr 1,819.90 Cr 877.72 Cr 942.1794 Cr 56.95 Cr -24.99 Cr 318.34 Cr 408.47 Cr 1.30 Cr 1.73 Cr 181.89 Cr 842.9971 Cr
2021-03-31 17.29 Cr 1,785.91 Cr 951.03 Cr 834.8772 Cr 295.55 Cr 278.26 Cr 331.56 Cr 407.97 Cr 62.74 Cr 2.13 Cr 101.74 Cr 910.1721 Cr

Annual Financials Cash Flow Statement

Date Operating Cash Investing Cash Financing Cash Free Cash Cash Change Cash at End CapEx Income Debt Repay Dividends Inventory
2025-03-31 67.9900 Cr -41.3300 Cr 29.6300 Cr -86.3300 Cr 56.2820 Cr 244.8800 Cr -154.3200 Cr 153.1700 Cr 147.5000 Cr 0.0000 Cr -622.9100 Cr
2024-03-31 257.4611 Cr -263.6905 Cr 157.8587 Cr 137.0380 Cr 151.6294 Cr 188.5980 Cr -120.4231 Cr 105.1441 Cr 79.6815 Cr -12.0211 Cr -238.8500 Cr
2023-03-31 -118.7489 Cr -135.4904 Cr 210.6833 Cr -325.9674 Cr -45.0547 Cr 36.8915 Cr -207.2185 Cr 90.3009 Cr 264.5817 Cr -11.8358 Cr 197.5448 Cr
2022-03-31 450.9376 Cr -119.0622 Cr -267.2208 Cr 405.2564 Cr 64.6546 Cr 81.9462 Cr -45.6812 Cr 134.9641 Cr -234.4995 Cr 0.0000 Cr 13.2204 Cr
2021-03-31 -59.8942 Cr 4.2590 Cr -63.1013 Cr -72.0883 Cr -118.7364 Cr 17.2915 Cr -12.1941 Cr 136.6919 Cr 5.3714 Cr -11.3580 Cr 48.0409 Cr

Quarterly Financial Income Report

Date Revenue Co.Rev GP GPR Operating Income Net Income EPS EBITDA NIR
2025-12-31 830.38 Cr 541.87 Cr 288.51 Cr 0.3474 106.14 Cr 55.04 Cr 7.34 135.97 Cr 0.0663
2025-09-30 834.09 Cr 601.96 Cr 232.13 Cr 0.2783 98.93 Cr 36.98 Cr 4.83 101.81 Cr 0.0443
2025-06-30 742.13 Cr 590.31 Cr 151.82 Cr 0.2046 36.53 Cr 27.62 Cr 4.13 80.61 Cr 0.0372
2025-03-31 1,218.48 Cr 974.66 Cr 243.82 Cr 0.2001 110.66 Cr 68.15 Cr 9.15 106.38 Cr 0.0559
2024-12-31 731.94 Cr 522.43 Cr 209.51 Cr 0.2862 67.49 Cr 34.13 Cr 5.36 84.27 Cr 0.0466

Quarterly Financials Balance Sheet

Date Cash & Equiv. Short-Term Inv. Cash & Short-Term Net Receivables Inventory Total Curr. Assets PP&E (Net) Total Assets Total Liabilities
2025-09-30 73.60 Cr 406.46 Cr 480.06 Cr 1,213.25 Cr 937.08 Cr 2,860.37 Cr 838.70 Cr 4,050.21 Cr 2,083.55 Cr
2025-06-30 0.00 Cr 0.00 Cr 405.13 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr -1,607.26 Cr
2025-03-31 379.18 Cr 25.95 Cr 405.13 Cr 896.07 Cr 1,268.54 Cr 2,750.57 Cr 705.82 Cr 3,779.15 Cr 2,171.89 Cr
2024-12-31 0.00 Cr 0.00 Cr 172.40 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr -1,459.73 Cr
2024-09-30 67.01 Cr 105.39 Cr 405.48 Cr 497.35 Cr 1,107.63 Cr 2,135.86 Cr 570.37 Cr 3,058.78 Cr 1,599.05 Cr

Quarterly Financials Cash Flow Statement

Date Net Income Operating Cash Flow Investing Cash Flow Financing Cash Flow Net Cash Change Cash at End Cash at Beginning CapEx Free Cash Flow
2025-06-30 27.62 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2025-03-31 68.15 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-12-31 34.13 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-09-30 31.86 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-06-30 19.05 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr

Splits History

Date Label Split Ratio
2007-10-09 October 09, 07 1:2

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Man Industries (India) Limited MANINDS ₹401.60 ₹30,123,843,714.00 ₹342,608.00
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Key Executives

Senior Vice President of ERW & Strategic Sourcing
Mitesh Shah

Gender: Not Specified

Year Born:

Plant Head – Pithampur Facility
Ganesh Tiwari

Gender: male

Year Born:

Senior Vice President of Marketing & Business Development
Gurinder Singh Sethi

Gender: male

Year Born:

Senior Vice President of Operations
Jaspreet Singh Bhatia

Gender: male

Year Born: 1978

President of Projects
Munish Jindal

Gender: male

Year Born:

MD & Executive Director
Nikhil Rameshchandra Mansukhani

Gender: male

Year Born: 1984

Company Secretary & Compliance Officer
Rahul Rawat

Gender: male

Year Born:

Executive Chairman
Ramesh Chandra Mansukhani

Gender: male

Year Born: 1956

Chief Financial Officer
Sandeep Kumar

Gender: male

Year Born: 1960

President of Marketing
Sanjay Batra

Gender: male

Year Born:

FAQs about Man Industries (India) Limited

Who is the CEO of the company?

The CEO is Ramesh Chandra Mansukhani.

What is the current market price of the stock?

The current price is ₹443.30.

What is the 52-week price range?

The range is ₹201.55-491.

What is the market capitalization of the company?

The market capitalization is ₹3,325.17 crores.

What is the Price-to-Earnings (P/E) ratio?

The P/E ratio is 17.71.

Which sector does the company belong to?

The company operates in the Basic Materials sector.

What does the company do?

Overview of Man Industries (India) Limited (ISIN: INE993A01026) is a leading Steel in India. With a market capitalization of ₹3,325.17 crores and an average daily volume of 880,906 shares, it operates in the Steel. The company last declared a dividend of ₹0.