Man Industries Ltd
Man Industries Ltd was incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 683.81 Crore) operating in Iron and Steel sector. It is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for Gas, Crude Oil, Petrochemical Products and Potable Water. The Company has state-of-the-art manufacturing facilities for LSAW & HSAW Line Pipes and also for various types of Anti-Corrosion Coating Systems.
The facilities of Man Industries India Limited has been accredited with ISO-9001, ISO-14001 & OHSAS 18001 certification. The company's Products are Licensed to use the API 5L & 2B Monogram.
Man Industries Ltd. key Products/Revenue Segments include Stainless Steel Tubes & Pipes which contributed Rs 1039.65 Crore to Sales Value (98.03 % of Total Sales), Other Operating Revenue which contributed Rs 20.35 Crore to Sales Value (1.91 % of Total Sales) and Sale of services which contributed Rs .48 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 489.29 Crore, up 1.78 % from last quarter Sales of Rs 480.74 Crore and up 71.00 % from last year same quarter Sales of Rs 286.13 Crore Company has reported net profit after tax of Rs 26.42 Crore in latest quarter.
The company’s top management includes Mr.Kirit Navnitlal Damania, Mr.Nikhil R Mansukhani, Mr.Pramod Tandon, Mr.Ramesh C Mansukhani, Mrs.Renu Purshottam Jalan, Ms.Heena Vinay Kalantri. Company has Rohira Mehta & Associates as its auditors. As on 31-03-2018, the company has a total of 57,103,055 shares outstanding.
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