Man Industries (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Man Industries (India) Ltd reported a 6.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.6%.
• Its expenses for the quarter were down by 7.2% QoQ and 0.8% YoY.
• The net profit increased 14.5% QoQ and increased 45.0% YoY.
• The earnings per share (EPS) of Man Industries (India) Ltd stood at 4.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Man Industries (India) Ltd is a prominent entity in the Indian manufacturing sector, primarily engaged in the production of large diameter carbon steel pipes and coatings for high-pressure oil and gas pipelines. The company operates in the infrastructure and industrial sectors, providing products and services essential for energy transportation and distribution. While specific recent developments are not detailed in the provided data, the company traditionally focuses on innovation and expansion to meet increasing demands in the pipeline industry. It is important to note that further details about recent developments or strategic initiatives are not available in the provided information.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Man Industries recorded a total income of ₹773.62 crores. This represents a 6.2% decrease in revenue compared to the previous quarter (Q4FY25), where the total income was ₹825.02 crores. However, when assessed on a year-over-year basis, the total income saw a marginal increase of 0.6% from ₹768.79 crores in Q1FY25. The data indicates a fluctuation in quarterly revenue, with a slight upward trend over the year, signifying steady income levels despite quarter-to-quarter variances.

Profitability

The company's profitability metrics reveal a positive trajectory over the year. Profit Before Tax (PBT) for Q1FY26 was ₹38.26 crores, marking an increase of 17.9% from ₹32.44 crores in the previous quarter, and a substantial 39.1% increase from ₹27.50 crores in Q1FY25. The Profit After Tax (PAT) also increased, with Q1FY26 figures at ₹27.62 crores, showing a 14.5% quarter-over-quarter rise from ₹24.13 crores in Q4FY25 and a significant 45.0% year-over-year growth from ₹19.05 crores in Q1FY25. The Earnings Per Share (EPS) reflected these improvements, rising to ₹4.10 in Q1FY26 from ₹3.80 in Q4FY25 and ₹2.80 in Q1FY25, highlighting strong profitability growth over both the quarter and the year.

Operating Metrics

Total expenses for Man Industries stood at ₹735.36 crores in Q1FY26, reflecting a 7.2% decrease from ₹792.58 crores in Q4FY25, and a slight 0.8% decrease from ₹741.29 crores in Q1FY25. This reduction in expenses, coupled with the revenue changes, contributed to improved profitability margins. The tax expense for the quarter was ₹10.64 crores, which increased by 28.0% from the previous quarter's ₹8.31 crores and by 25.9% from ₹8.45 crores in the same quarter of the previous year. These metrics highlight changes in the company's cost structure and tax liabilities, which have implications for its financial performance across different periods.