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Check Before You Invest : Man Industries (India) Ltd

BSE: 513269 NSE: MANINDS ISIN: INE993A01026
  |   Sector:  Metals & Mining   |   Industry:  Steel & Iron Products

Snapshot

Q.1 Which industry/sub-sector does Man Industries (India) Ltd belong to?
Man Industries (India) Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.
Q.2 Is Man Industries (India) Ltd a good quality company?
Man Industries (India) Ltd is a average quality company, based on a somewhat consistent 10 year financial track record.
Q.3 Is Man Industries (India) Ltd undervalued or overvalued?
Man Industries (India) Ltd appears Overvalued, as its key valuation ratios are above with their past averages.
Q.4 Is Man Industries (India) Ltd a good buy now?
Man Industries (India) Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Man Industries (India) Ltd?
Man Industries (India) Ltd revenue growth is 1.2% for FY-2025 , which is below its 5 year CAGR of 12.1% , indicating slower growth.
Q.2 Gross Profit margin of Man Industries (India) Ltd?
Man Industries (India) Ltd Gross profit margin which is the profit after deduction of direct costs, is 7.3% for FY-2025 , which is in line with its 5 year median of 7.3% , indicating stable margins.
Q.3 Operating Profit Margin of Man Industries (India) Ltd?
Man Industries (India) Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 7.76% for FY-2025 , which is in line with its 5 year median of 7.76% indicating stable margins.
Q.4 Net Profit Margin of Man Industries (India) Ltd?
Man Industries (India) Ltd Net Profit Margin is 4.4% for FY-2025 , is in line with with its 5 year median of 4.4%, indicating stable margins.
Current Level Historic Median
Gross Profit Margin 7.3 7.3
Operating Profit Margin 7.76 7.76
Net Profit Margin 4.4 4.4
Q.5 Return on Asset of Man Industries (India) Ltd?
Man Industries (India) Ltd Return on Asset is 4.77%, which is below its 5 year historical median of 5.48%, indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of Man Industries (India) Ltd?
Man Industries (India) Ltd Return on equity is 10.26% for FY-2025 , which is in line with its historical median of 10.26%, indicating the business is making similar use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Man Industries (India) Ltd?
Man Industries (India) Ltd Return on capital employed is 16.96% for FY-2025 , which is above its estimated weighted average cost of capital(WACC) 14%, indicating value creation.
Q.8 Cash conversion cycle of Man Industries (India) Ltd?
Man Industries (India) Ltd Cash conversion cycle is 46 days, above its historical median of 39 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.08 1.16
ROE 10.26 10.26
ROCE 16.96 16.33
Cash Conversion Cycle 46 days 39 days
Q.9 Debt to Equity ratio of Man Industries (India) Ltd?
Man Industries (India) Ltd Debt-to-Equity ratio is 0.25 , which is lower with the industry average of 0.32 , indicating lower debt levels in the industry.
Q.10 Debt to cash flow from operations of Man Industries (India) Ltd?
Man Industries (India) Ltd Debt to cash flow from operations is 3.71 , which is at a unhealthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Man Industries (India) Ltd?
Promoters hold 43.21% of the Man Industries (India) Ltd, with 20.05% of their stake pledged, indicating high pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Man Industries (India) Ltd vs industry peers?
Man Industries (India) Ltd revenue CAGR is 12.13% , compared to the industry median CAGR of 7.41% , indicating faster growth and gaining its market share.
Profit Metrics
Current Level Industry Median
Revenue 3,118.2 364.5
Gross Profit 227.6 11.6
Operating Profit 242 15
Net Profit 137 6
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.08 1.27
ROE 10.26 8.12
ROCE 16.96 11.38
Cash Conversion Cycle (days) 46.25 72

Valuation & price assessment

Q.1 Stock return of Man Industries (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 22.5% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price 22.5% 45.9% 81.4% 83.2%
Q.3 Valuation ratios of Man Industries (India) Ltd vs historical?
The current P/E is higher that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 22.98 5.21 23.93
Price to Book 2.07 0.47 1.46
Price to Sales 1.21 0.19 0.74
EV to EBITDA 9.32 2.01 9.89

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