Man Industries (India) Ltd.
Snapshot View

84.60 +3.55 ▲4.4%

20 May 2022, 04:01:00 PM
Volume: 69,618

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.mangroup.com
Market Cap 508.47 Cr.
Enterprise Value(EV) 481.55 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 16.79 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 5.04 Trailing Twelve Months Ending 2021-12
Industry PE 11.34 Trailing Twelve Months Ending 2021-12
Book Value / Share 155.34 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.54 Calculated using Price: 84.60
Dividend Yield 2.36 Period Ending 2021-03
No. of Shares Subscribed 6.01 Cr. 60,103,055 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
+4.38%
1 Week
+4.96%
1 Month
-13.28%
3 Month
-8.24%
6 Month
-17.46%
1 Year
-14.85%
2 Year
+134.67%
5 Year
+66.54%
10 Year
-15.06%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.83 1.37 8.81 16.49 5.77 10.19 8.69 7.66 12.79
Return on Capital Employed (%) 12.36 4.73 10.24 15.80 8.21 13.40 15.56 13.16 17.67
Return on Assets (%) 3.80 0.57 3.28 6.31 2.58 4.17 3.57 3.24 5.58

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 655 661 482 566 598 652 702 746 835 883
Non Curr. Liab. 369 377 374 237 177 130 94 59 41 36
Curr. Liab. 566 537 642 439 581 915 798 1,022 910 728
Minority Int.
Equity & Liab. 1,590 1,575 1,499 1,243 1,356 1,698 1,594 1,827 1,786 1,647
Non Curr. Assets 598 503 474 505 486 606 645 649 578 581
Curr. Assets 992 1,072 1,025 737 870 1,092 949 1,178 1,208 1,066
Misc. Exp. not W/O
Total Assets 1,590 1,575 1,499 1,243 1,356 1,698 1,594 1,827 1,786 1,647

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,514 1,005 1,364 1,391 1,060 1,608 2,222 1,759 2,080 2,065
Other Income 50 35 35 68 72 57 22 17 31 38
Total Income 1,563 1,040 1,399 1,458 1,133 1,664 2,244 1,776 2,111 2,103
Total Expenditure -1,322 -954 -1,250 -1,271 -1,012 -1,483 -2,045 -1,592 -1,875 -1,883
PBIDT 242 86 149 187 121 181 199 185 236 220
Interest -44 -42 -46 -56 -36 -43 -64 -64 -53 -39
Depreciation -40 -32 -43 -37 -40 -39 -46 -52 -46 -45
Taxation -41 -3 -10 -7 -11 -32 -30 -10 -36 -36
Exceptional Items -54 -4 -3
PAT 62 9 50 86 34 64 59 56 101 101
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 62 9 50 86 34 64 59 56 101 101
Adjusted EPS 10 2 9 15 6 11 10 10 18 18

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 690 -443 247 64 205 -75 132 137 214 -60
Cash Fr. Inv. -129 194 -29 -61 2 21 -105 0 -46 4
Cash Fr. Finan. -687 311 -208 -35 -188 41 -115 -138 -37 -63
Net Change -126 61 10 -31 19 -13 -88 -1 131 -119
Cash & Cash Eqvt 107 169 179 148 168 155 67 5 136 17

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 42.26 42.37 42.37 42.57 42.57 42.57 42.62 42.62 44.70
Public 57.74 57.63 57.63 57.43 57.43 57.43 57.38 57.38 55.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 41.51 41.40 41.40 10.82 10.82 10.82 33.40 33.40 30.87

Announcements View Details

Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We refer to our letter dated 11th May 2022 informing you about Conference Call to be held on May 12 2022 and in terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015 we write to inform you that the transcript of the Conference Call is available at:https://mangroup.com/shareholder-information/#corporateann The same is for your information and record please.
Mon, 16 May 2022
Board Meeting Intimation for Intimation Of Board Meeting To Consider Audited Standalone And Consolidated Financial Results For The Quarter & Year Ended On March 31 2022
MAN INDUSTRIES (INDIA) LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Friday 27th May 2022 inter alia to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter & year ended March 31 2022.It may further be note that as per the Companys Code on Insider Trading the trading window for dealing in shares of the Company has been already closed from April 1 2022 till 48 hours after the declaration of the financial results of the Company for the aforesaid quarter.Further as per Regulation 46 of the Listing Regulations notice of the Board Meeting would also be available on the websites of the Company (www.mangroup.com) BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com).
Thu, 12 May 2022
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Man Finance Pvt Ltd & Others

Technical Scans View Details

Fri, 20 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month

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