M

Man Industries (India) Limited

MANINDSNSE
Market snapshot · 2026-08-13 11:33 UTC

576.15

₹-22.50 (-3.76%)

MARKET CAP

₹4.32K Cr

STOCK P/E

23.1x

52W HIGH

₹623.70

52W LOW

₹302.05

BOOK VALUE

₹287.23

EPS

₹24.90

ROE

SECTOR

Industrials

DEBT/EQUITY

30.10

VOLUME

7.68L

P/B RATIO

2.01x

PEG RATIO

1.12

Sector

Industrials

Themes

Building Products - PipesAshish Kacholia PortfolioVikas Khemani PortfolioSuresh Kumar Agarwal Portfolio
₹587.60₹519.13₹450.65₹382.18₹313.70VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for MANINDS.

1.00 analysts

Price Forecast

Current
₹576.15
High Target
₹690.00
▲ +19.8%
Median Target
₹690.00
▲ +19.8%
Low Target
₹690.00
▲ +19.8%
Now₹576.15High ₹690.00Median ₹690.00Low ₹690.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹419.05 - ₹833.7980%
6M₹372.82 - ₹986.4280%
12M₹320.80 - ₹1,27080%
Realized vol: +53.7% · Drift: +24.7%

Revenue Forecast

₹ Cr
Mar '26Current₹1,157.0
Sep 2026 ETrend estimate range
High₹966.3Base₹894.7Low₹823.2
Jun '25: ₹713.0 · Sep '25: ₹782.0 · Dec '25: ₹804.0 · Mar '26: ₹1,157.0 · Sep '26: ₹894.7 · Dec '26: ₹919.9
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E713.0782.0804.01,157.0894.7919.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹9.36
Sep 2026 ETrend estimate range
High₹6.70Base₹5.98Low₹5.26
Jun '25: ₹4.33 · Sep '25: ₹4.75 · Dec '25: ₹8.12 · Mar '26: ₹9.36 · Sep '26: ₹5.98 · Dec '26: ₹10.22
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E4.334.758.129.365.9810.22
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
65%
Analyst Consensus
Unavailable

From 1 analysts

Mean upside+19.8%

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 40 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 86 using mean target upside 19.8%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 36 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while valuation and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price690 target
Mean Upside+19.8%
Technical Score36%
Fundamental Score100%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 53.0% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.09). Confidence: 74%.

Live forward EPS implies next-12-month EPS of ₹75.30. Applying the stock's normalized valuation corridor produces a fair range of ₹942.76 to ₹1,289.89, with base value near ₹1,138.54 (+97.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹75.30

Forward P/E

7.7x

Base Fair Value

₹1,138.54

Fair Range

₹942.76 - ₹1,289.89

Upside To Base

+97.6%

Estimate Source

Live forward EPS

Growth Estimate

+95.2%

P/E
Strongly Overvalued

5Y Average

10.69

Current

23.14

Overvalued

17.13

Undervalued

12.52

P/B
Overvalued

5Y Average

1.73

Current

2.01

Overvalued

1.98

Undervalued

1.47

P/S
Strongly Overvalued

5Y Average

0.51

Current

1.11

Overvalued

0.59

Undervalued

0.44

Peers & Comparison

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.16K CrMar 2026

Latest net profit

₹70 CrMar 2026

Latest EPS

₹9.36Mar 2026

Net margin

13.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%4.0%8.0%12.0%16.0%0.00 Cr300 Cr600 Cr900 Cr1.20K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr300 Cr600 Cr900 Cr1.20K Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr300 Cr600 Cr900 Cr1.20K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-2.00K Cr0.00 Cr2.00K Cr4.00K Cr6.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +5554641,0088307787328057318507137828041,157
Expenses +5134179367667326957366597866676706771,003
Operating Profit42477265463669726446112127154
OPM %7%10%7%8%6%5.0%9%10%8%6%14%16%13%
Other Income +124232118259153735-131318
Interest11212220241821263530303855
Depreciation11151515151210111012212022
Profit before tax31155850253246505739488295
Tax %14%21%26%25%32%25%24%25%29%25%25%25%26%
Net Profit +27124337172435384029366170
EPS in Rs4.481.987.236.182.663.735.425.816.234.334.758.129.36
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +48.21%43.21%43.21%43.21%43.21%
FIIs +2.19%2.32%3.35%2.41%2.87%
DIIs +0.88%1.68%1.26%1.34%1.43%
Public +48.73%52.77%52.18%53.03%52.48%
Others0.02%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 06, 2026PDFCompany Reports Open

Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30, 2026.

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 28, 2026PDFCompany Reports Open

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Jul 09, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Jul 07, 2026PDFCompany Reports Open