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MAN Industries PAT rises to Rs 82 cr in Q2

By · Published by Everything Blog

In short

The company's financial growth was marked by strong operational revenue and a record consolidated EBITDA surge of 86.6 percent year-on-year. Although maritime disruptions in the Strait of Hormuz deferred roughly Rs 320 crore in revenue, alternative ports were secured to complete the affected orders. With manufacturing sites in India and Saudi Arabia, the enterprise maintains an aggregate capacity exceeding 1.6 million MTPA. These facilities continue catering to vital pipeline infrastructure needs across city gas, petrochemical, and water transmission networks.

Key points

  • The strategic buyout of National Pipe Company played a significant role in scaling up ope…: The strategic buyout of National Pipe Company played a significant role in scaling up operations and driving bottom-line profitability.
  • Approximately Rs 320 crore in revenue was deferred due to shipping disruptions in the Str…: Approximately Rs 320 crore in revenue was deferred due to shipping disruptions in the Strait of Hormuz but is now being processed through alternate ports.
  • Total manufacturing capacity now surpasses 1.6 million MTPA across three active productio…: Total manufacturing capacity now surpasses 1.6 million MTPA across three active production facilities located in India and Saudi Arabia.

Sources checked by our analysis pipeline: 1

The company had posted a PAT of Rs 37 crore in the year-ago period.

The revenue from operations rose to Rs 1,210 crore over Rs 834 crore in the year-ago period.

"Q2 FY27 was a landmark quarter for MAN Industries, with consolidated EBITDA of Rs 190 crore, the highest-ever for a quarter, up 86.6 per cent year-on-year. The acquisition of NPC (National Pipe Company) has added scale and profitability to our business, and its integration is progressing well. Shipping disruptions in the Strait of Hormuz deferred revenue of approximately Rs 320 crore from the quarter; the customer has since nominated alternate ports and these shipments are being executed," Nikhil Mansukhani, Managing Director, MAN Industries (India) Ltd said in a statement.

MAN Industries (India) Ltd, the flagship company of the MAN Group, was established in 1970 by the Mansukhani Family and has grown into one of India's leading manufacturers and exporters of large-diameter carbon steel line pipes.

Following the acquisition of NPC, the company operates three manufacturing facilities at Pithampur, Madhya Pradesh; Anjar, Gujarat; and Saudi Arabia, with a combined installed…

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