Man Industries Q1FY27: Highest Ever Standalone PAT & Consolidated EBITDA
Man Industries reported record Q1 FY27 results with standalone PAT at ₹78 crore (up 167.7% YoY) and consolidated EBITDA at ₹155 crore (up 92.6% YoY). Consolidated revenue grew 37.7% to ₹1,065 crore. The company maintains a ₹3,600 crore order book and targets ₹5,000 crore revenue for FY27.
The announcement details record financial performance, significant YoY growth, a robust order book, and progress on new facilities, indicating a strong positive outlook for the company.
The company reported record-breaking financial results, including highest-ever standalone quarterly PAT and consolidated quarterly EBITDA, along with significant YoY growth across key metrics and a strong order book.
Man Industries (India) Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting its highest-ever standalone quarterly Profit After Tax (PAT) and highest-ever consolidated quarterly Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).
For Q1 FY27, standalone revenue grew 37.5% year-on-year (YoY) to ₹1,028 crore. EBITDA increased by 95.1% YoY to ₹157 crore, with the EBITDA margin expanding 450 basis points YoY to 15.3%. PAT more than doubled YoY, rising 167.7% to ₹78 crore, marking a record high for standalone quarterly PAT, with the PAT margin expanding 370 basis points YoY to 7.6%.
On a consolidated basis, revenue from operations grew 37.7% YoY to ₹1,065 crore. Consolidated EBITDA reached ₹155 crore, up 92.6% YoY and 5.0% quarter-on-quarter (QoQ). Consolidated PAT more than doubled YoY to ₹61 crore.
The company's consolidated order book stands at approximately ₹3,600 crore, with a combined bid pipeline of around ₹24,000 crore. Progress on the Merino Shelters project is on track for a mid-September 2026 launch, expected to generate ₹35–50 crore in cash flows for FY27. The Jammu greenfield stainless steel seamless pipe plant and the Dammam coating and double jointing facility are both targeted for production commencement by March 2027.
Man Industries is on track to achieve its FY27 revenue guidance of approximately ₹5,000 crore with an EBITDA margin of 13-15%.
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Man Industries (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Man Industries (India) Limited. Read the original for the full detail.