Man Industries (India) Ltd.
Snapshot View

126.05 +2.30 ▲1.9%

23 July 2021, 04:00:00 P.M.
Volume: 65,404

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.mangroup.com
Financial Indicators
Market Cap 720.36 Cr.
Earnings per share (EPS) 17.66 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 7.14 Trailing Twelve Months Ending 2021-03
Industry PE 27.86 Trailing Twelve Months Ending 2021-03
Book Value / Share 146.21 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.86 Calculated using Price: 126.15
Dividend Yield 1.59 Period Ending 2020-03
No. of Shares Subscribed 5.71 Cr. 57,103,055 Shares
FaceValue 5
Company Profile

Man Industries (India) incorporated in 1988, is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products.

The company is part of Man Group, UK that is promoted by Mr. R C Mansukhani and Mr. J C Mansukhani.

Company has received various certifications such as API, ISO-9001, ISO-9002, ISO-14001, and ISO-18001 for its quality management.

In India, the company has clientele namely Gas Authority of India, Indian Oil corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, ONGC, India, Engineers India, Reliance Industries, Essar Constructions, Larsen & Toubro, Bharat Heavy Electricals, Adani Ports are among others.

Overseas the company has clientele namely ENPPI, Egypt, S.C.O.T., Syria, Shell Global International B.V., NPCC, Abu Dhabi, Qatar Petroleum, Qatar and many more.

Products

Longitudinal Submerged Arc Welded (LSAW) -Man Industries manufacture LSAW line pipes that have diameter ranging from 16” to 60”. Company manufactures customised products for clients of various sectors such as Oil, Gas, Petrochemicals, Fertilizers and Dredging.

Helically Submerged Arc Welded (HSAW) Line Pipe- The Company manufactures HSAW Line Pipe used by various segments such as Oil transportation, Water Supply, Sewerage, Agriculture and Construction. It has total installed capacity of 375,000 MT per year.

Coating- Coating protects line pipes from corrosion and to enhance its operational life. Company offers Single layer FBE, 3 Layer PE and 3 layer PP Coating, Internal Blasting and Painting and Coaltar Enamel Coating

Aluminium Extrusions-Company is the largest manufacturer and exporter of aluminium extruded products in India. This segments caters to industries like automobiles, automation, air conditioning, architectural, heavy engineering, lighting, textiles, electronics are among others.

Milestones

1988- Man Industries (India) was incorporated by Mansukhani family. Company’s Aluminium Extrusion Plant became operational in same year.

1994- In order to set up its first SAW pipe plant at Pithampur, company entered in a MoU with Haeusler of Switzerland.

1996-Company set up an LSAW pipe plant with a manufacturing capacity of 50,000 TPA at Pithampur.

1999- Company commenced HSAW pipe plant with capacity of 50,000 TPA. The same year company also increased LSAW plant manufacturing capacity to 135,000 TPA.

2001- Company set up a coating plant for PE and CTE coating with capacity of 2mn and 1.6mn sq. mtr respectively.  2005-Company established a new pipe and coating complex with 365,000 TPA LSAW and 50,000 TPA HSAW capacities.

2006- Company set up a captive power plant of 7 MV in Gujarat.

2007- Company was awarded a prestigious order of approx. USD 225 Million from USA. The same year it set up two new production lines of 200,000 MT each for HSAW. The Aluminum Business of Company has been demerged as Man Aluminium.

2008- In order to foray USA market, Man USA Inc was set up to manufacture of HSAW pipes.

2011 - The Company has been Awarded Trophy for Star Performer, by Engineering Export Promotion Council, India.
2012 - Company entered in strategic relationship with Kobe Steel Ltd of Japan
2013 - A new facility installed to manufacture Connector Welded Casing Pipes.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.86%
1 Week
+6.96%
1 Month
+18.80%
3 Month
+58.65%
6 Month
+53.25%
1 Year
+166.49%
2 Year
+171.66%
5 Year
+112.38%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.85 9.83 1.37 8.81 16.49 5.77 10.19 8.69 7.66
Return on Capital Employed (%) 9.71 12.36 4.73 10.24 15.80 8.21 13.40 15.56 13.16
Return on Assets (%) 3.72 3.80 0.57 3.28 6.31 2.58 4.17 3.57 3.24

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 612 655 661 482 566 598 652 702 746
Non Curr. Liab. 67 369 377 374 237 177 130 94 59
Curr. Liab. 1,007 566 537 642 439 581 915 798 1,022
Minority Int.
Equity & Liab. 1,686 1,590 1,575 1,499 1,243 1,356 1,698 1,594 1,827
Non Curr. Assets 522 598 503 474 505 486 606 645 649
Curr. Assets 1,164 992 1,072 1,025 737 870 1,092 949 1,178
Misc. Exp. not W/O 0
Total Assets 1,686 1,590 1,575 1,499 1,243 1,356 1,698 1,594 1,827

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,751 1,514 1,005 1,364 1,391 1,060 1,608 2,222 1,759
Other Income 23 50 35 35 68 72 57 22 17
Total Income 1,774 1,563 1,040 1,399 1,458 1,133 1,664 2,244 1,776
Total Expenditure -1,581 -1,322 -954 -1,250 -1,271 -1,012 -1,483 -2,045 -1,592
PBIDT 193 242 86 149 187 121 181 199 185
Interest -27 -44 -42 -46 -56 -36 -43 -64 -64
Depreciation -41 -40 -32 -43 -37 -40 -39 -46 -52
Taxation -49 -41 -3 -10 -7 -11 -32 -30 -10
Exceptional Items -5 -54 -4 -3
PAT 71 62 9 50 86 34 64 59 56

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 690 -443 247 64 205 -75 132 137 214
Cash Fr. Inv. -129 194 -29 -61 2 21 -105 0 -46
Cash Fr. Finan. -687 311 -208 -35 -188 41 -115 -138 -37
Net Change -126 61 10 -31 19 -13 -88 -1 131
Cash & Cash Eqvt 107 169 179 148 168 155 67 5 136

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 41.81 43.59 43.58 42.26 42.37 42.37 42.57 42.57 42.57
Public 58.19 56.41 56.42 57.74 57.63 57.63 57.43 57.43 57.43
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 8.59 41.21 41.11 41.51 41.40 41.40 10.82 10.82 10.82

Announcements View Details

Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Man Industries (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 16 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- Jatin Shah
Designation :- Company Secretary and Compliance Officer
Fri, 16 Jul 2021
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on July 16 2021 for Rameshchandra Mansukhani

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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