Man Industries (India)'s Q2 FY 2025-26 Quarterly Results

Result Summary

• Man Industries (India) Ltd reported a 5.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.3%.
• Its expenses for the quarter were up by 4.1% QoQ and down 1.1% YoY.
• The net profit increased 33.9% QoQ and increased 16.1% YoY.
• The earnings per share (EPS) of Man Industries (India) Ltd stood at 4.68 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 player in the industrial sector, primarily engaged in the manufacturing and distribution of large diameter carbon steel line pipes. These products are crucial for various sectors, including oil and gas, petrochemicals, and infrastructure industries. The company is known for its robust manufacturing capabilities and has a significant presence in both domestic and international markets. While specific recent developments are not provided, the company operates within a competitive industry landscape that demands continuous innovation and adaptation to market changes. The financial performance of Man Industries is crucial for understanding its position and potential growth in this sector.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Man Industries reported a total income of ₹814.80 crores. This represents a quarter-over-quarter (QoQ) increase of 5.3% compared to ₹773.62 crores in the first quarter of FY26 (Q1FY26). However, when compared to the same quarter in the previous fiscal year (Q2FY25), there is a slight year-over-year (YoY) decrease of 0.3%, as the total income was ₹816.96 crores in Q2FY25. These figures indicate a consistent revenue stream with slight variations over the quarters and years, reflecting the company's ability to maintain its income levels in a competitive market.

Profitability

The company's profitability metrics show an upward trend in the recent quarter. The profit before tax (PBT) for Q2FY26 was ₹49.43 crores, marking a significant QoQ increase of 29.2% from ₹38.26 crores in Q1FY26. Compared to the previous year, PBT also rose by 15.5% from ₹42.81 crores in Q2FY25. After accounting for taxes, the profit after tax (PAT) for Q2FY26 stood at ₹36.98 crores, reflecting a QoQ increase of 33.9% from ₹27.62 crores in Q1FY26 and a YoY increase of 16.1% from ₹31.86 crores in Q2FY25. This improvement in profitability is further highlighted by the earnings per share (EPS) of ₹4.68 in Q2FY26, which increased by 13.3% from Q1FY26 but saw a slight YoY decline of 1.3% from ₹4.74 in Q2FY25.

Operating Metrics

The total expenses for Man Industries in Q2FY26 were ₹765.37 crores, showing a QoQ increase of 4.1% from ₹735.36 crores in Q1FY26 and a YoY decline of 1.1% from ₹774.15 crores in Q2FY25. This indicates a controlled expense management strategy with slight variations. The tax expense for Q2FY26 was ₹12.45 crores, a 17.0% increase QoQ from ₹10.64 crores in Q1FY26, and a 13.7% increase YoY from ₹10.95 crores in Q2FY25. These expense and tax figures contribute to the overall understanding of the company's operational efficiency and financial health over the reported periods.