Iron & Steel Products company Man Industries (India) announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income: Rs 1,218.5 crore, up ~50% YoY. EBITDA: Rs 136.7 crore, up ~88% YoY. EBITDA margin: 11.1% (up 230bps YoY). PAT: Rs 68.1 crore, up ~182% YoY. FY25 Financial Highlights: Total Income: Rs 3,557 crore, up ~11% YoY. EBITDA: Rs 353.2 crore, up ~20% YoY. EBITDA margin: 9.9% (up 70bps YoY). PAT: Rs 153.2 crore, up ~46% YoY. Nikhil Mansukhani, Managing Director, MAN Industries (India), said: “We are proud to report our highest-ever quarterly and full-year financial performance, a testament to the strength of our strategy, operational discipline, and unwavering focus on value creation. The substantial growth in profitability and margins underscores the resilience and scalability of our business model. Our targeted expansion into the ERW segment, successful execution of high-value projects, robust order book, and the strategic monetization of a non-core asset have laid a strong foundation for continued momentum in FY26. With capacity expansions progressing in Saudi Arabia and Jammu, we are confident in our ability to scale operations and deepen our footprint across domestic and global markets.” Result PDF
Iron & Steel Products company Man Industries (India) announced Q3FY25 results Revenue: Rs 7,319 million compared to Rs 8,330 million during Q3FY24. EBITDA: Rs 843 million compared to Rs 791 million during Q3FY24. EBITDA margin: 11.4% for Q3FY25. PAT: Rs 341 million compared to Rs 306 million during Q3FY24. PAT margin: 4.6% for Q3FY25. Nikhil Mansukhani, Managing Director, MAN Industries (India), said: “We are pleased to report a resilient quarter on profitability front despite decline in revenue amid delay in export shipments caused due to non-availability of vessels. The company has delivered the multi-quarter high Consolidated EBITDA Margin of 11.4%+. We maintain our positive outlook for the financial year FY25, with a strong order book of approximately ~INR 29 bn slated for completion over the next 6 to 12 months and hence we maintain our full year revenue guidance of ~INR 33 bn. Our expansion plans for both H-SAW in Saudi and Stainless-Steel Seamless Tubes in Jammu are progressing as planned, and we are committed to meeting our objectives and fulfilling our obligations to all stakeholders.” Result PDF
Iron & Steel & Products company Man Industries (India) announced Q2FY25 results Revenue Rs 806.2 crore (+7.7% QoQ). EBITDARs. 74.5 crore (+28.7% QoQ). EBITDA Margin 9.2% ( +151 bps). PAT Rs 31.9 crore (+67.2% QoQ). Cash Profit Rs 42.6 crore (+34.2% QoQ). Nikhil Mansukhani, Managing Director, MAN Industries (India), said: “We are happy to announce a sustainable quarter. The industry faced a decline of 15% in steel prices from its high in recent months. Having said that, your company witnessed a growth of 7.7 % Q-o-Q basis sequentially on account of higher sales volumes. Our promising guidance for the financial year is intact. On the operational front, we have a strong order book of Rs +3,100 crore to be concluded in the next 6 to 12 months. We envisage a strong order book for coming quarters and are hopeful for a stronger performance going forward. Having said that, your company is aggressively heading towards its expansion plans for both SAW and Stainless-Steel Seamless Tubes, which are very much on track. We believe we can fulfil our commitments towards all our stakeholders.” Result PDF