Man Industries (India) share price
NSE: MANINDSBSE: 513269Industrial ProductsSmall Cap
Formerly MAN ALUMINIUM
Last close ₹745.65down ₹44.70 (5.66%)BSE ₹745.55
Share price at the NSE close on 23 Oct 2026. Previous close ₹790.35.
52-week range of traded prices to 23 Oct 2026
₹302.05Low, 2 Feb 2026₹1,039.70High, 25 Sep 2026
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹5,593 Cr931st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 27.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 25 May 2026
- 2.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 11.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 16.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.24
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,28,66247.2% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 11 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,053 Crdown 9.00%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹61 Crup 20.84%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 5.8%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2021, part of the business was demerged on 24 Sep 2020, and figures before the change include the part that left.
| ₹ crore | Sep 2024Filed 13 Nov | Dec 2024Filed 13 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 11 Aug | Sep 2025Filed 13 Nov | Dec 2025Filed 9 Feb | Mar 2026Filed 25 May | Jun 2026Filed 11 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 806 | 732 | 1,218 | 742 | 834 | 830 | 1,157 | 1,053 |
| Net profit | 32 | 34 | 68 | 28 | 37 | 55 | 51 | 61 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 4.0% | 4.7% | 5.6% | 3.7% | 4.4% | 6.6% | 4.4% | 5.8% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
One segment, Manufacturing, carries all the revenue in the year to Mar 2026.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 97% of 2,189 trading days over the last 10 years.
LowestHighest
Its median11.5Industry median17.3
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 98% of 1,821 trading days since Nov 2018.
LowestHighest
Its median0.7Industry median1.5
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.10.2
At or below today's level on 87% of 1,089 trading days over the last 5 years.
LowestHighest
Its median7.3Industry median12.8
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 30% of 2,478 trading days over the last 10 years.
LowestHighest
Its median1.49%Industry median0.48%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +19.4% | −3.9% | +24.3% | 0.0% |
| 3 years | +50.8% | +26.2% | +19.4% | 0.2% |
| 5 years | +32.5% | +5.2% | +25.4% | 0.5% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Peers and competitors
Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Man Industries (India) in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Maharashtra SeamlessMAHSEAMLES | 7,138 | 9.7 | 1.0 | 10.2 | −12.2% | – | 11.2% | 8.4% | 1.88% |
 Sunflag Iron and Steel CompanySUNFLAG | 6,756 | 32.8 | 0.8 | 14.7 | +9.0% | +4.6% | 2.3% | 3.9% | 0.27% |
 Aeroflex IndustriesAEROFLEX | 5,972 | 88.9 | 13.4 | 50.1 | +35.6% | +42.1% | 17.0% | 20.0% | 0.09% |
 Technocraft Industries (India)TIIL | 5,685 | 16.7 | 2.8 | 11.8 | +12.4% | +33.2% | 17.9% | 14.2% | 0.80% |
 Goodluck IndiaGOODLUCK | 5,434 | 26.6 | 3.6 | 14.8 | +9.9% | +20.8% | 14.6% | 13.9% | 0.37% |
 Shivalik Bimetal ControlsSBCL | 5,201 | 49.0 | 10.8 | 36.3 | +18.8% | +29.3% | 23.9% | 23.6% | 0.44% |
 Bansal Wire IndustriesBANSALWIRE | 4,658 | 29.7 | 3.1 | 15.5 | +20.3% | +2.8% | 11.0% | 14.3% | 0.00% |
 Sambhv Steel TubesSAMBHV | 4,633 | 28.1 | 4.4 | 16.5 | – | – | 21.3% | 17.5% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹2.00 a share, years to Mar 2021, Mar 2022 and Mar 2024.
| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2023 | Interim | ₹2.00 |
| 28 Apr 2022 | Interim | ₹2.00 |
| 3 Nov 2020 | Interim | ₹2.00 |
| 19 Mar 2020 | Interim | ₹1.00 |
| 19 Sep 2019 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 19 Sep 2018 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Sep 2026
24 Sep · Analysts
18 Sep · Analysts
10 Sep · Business
Man Industries (India) share price by year
Each calendar year to 2025.Man Industries (India) share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 386.55 | +18.0% | 484.70 | 210.02 |
| 2024 | 327.60 | +14.9% | 493.75 | 279.10 |
| 2023 | 285.20 | +267.3% | 285.20 | 77.60 |
| 2022 | 77.65 | −22.5% | 110.15 | 71.70 |
| 2021 | 100.15 | +22.5% | 143.15 | 71.90 |
| 2020Demerger | 81.75 | +88.4% | 86.80 | 31.60 |
| 2019 | 43.40 | −38.4% | 72.70 | 37.75 |
| 2018 | 70.50 | −46.2% | 158.95 | 69.15 |
| 2017 | 131.00 | +190.5% | 135.90 | 45.20 |
| 2016 | 45.10 | −53.3% | 95.80 | 43.25 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 24 Sep 2020 reinvested, the change in 2020 is +113.9%.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 794.90 | 800.35 | 731.65 | 745.65 | 752.80 | 7,28,662 | 47.2% |
| 22 Oct 2026 | 838.90 | 840.45 | 759.80 | 790.35 | 803.46 | 7,98,916 | 50.0% |
| 21 Oct 2026 | 887.00 | 887.00 | 807.30 | 834.75 | 834.25 | 8,33,557 | 32.8% |
| 19 Oct 2026 | 868.35 | 894.00 | 843.70 | 884.50 | 878.13 | 5,06,765 | 36.8% |
| 16 Oct 2026 | 850.00 | 878.00 | 849.95 | 865.35 | 865.39 | 2,99,202 | 38.4% |
| 15 Oct 2026 | 900.60 | 900.60 | 832.15 | 845.80 | 868.62 | 3,40,584 | 39.4% |
| 14 Oct 2026 | 890.00 | 915.00 | 877.05 | 899.05 | 897.12 | 4,02,580 | 36.1% |
| 13 Oct 2026 | 895.00 | 901.85 | 855.80 | 890.60 | 878.73 | 4,20,167 | 28.3% |
| 12 Oct 2026 | 898.00 | 899.00 | 865.25 | 886.75 | 885.61 | 4,01,342 | 30.9% |
| 9 Oct 2026 | 860.40 | 891.50 | 852.90 | 867.90 | 875.54 | 3,77,286 | 27.9% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 Sep 2020 | Demerger | 0.8808 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
| 9 Oct 2007 | Split | 0.5000 | Each share became 2. |
| 13 Apr 2007 | Demerger | 0.9440 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Man Industries (India) Limited
- NSE symbol
- MANINDS
- BSE code
- 513269
- ISIN
- INE993A01026
- Industry
- Industrial Products
- Listed
- Nov 1989 on BSE, Jun 2005 on NSE
- Face value
- ₹5
- Former symbols
- MANALUMN
- CIN
- L99999MH1988PLC047408
- Corporate identity number, the registrar of companies' code for it