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Man Industries shares rise over 7% after posting strong Q3 as profit jumps 62%, margin expands sharply

Published on 09/02/2026 12:44 PM

Man Industries shares rise over 7% after posting strong Q3 as profit jumps 62%, margin expands sharplyMan Industries (India) Ltd shares surged after Q3FY26 net profit jumped 61.8% to ₹55 crore, with improved margins and a ₹4,005 crore order book boosting revenue visibility.By Gareema Bangad  February 9, 2026, 12:44:58 PM IST (Published)2 Min ReadShares of Man Industries (India) Ltd surged more than 7% on Monday, February 9, after the company reported a strong set of earnings for the December quarter, with a sharp improvement in profitability and margins, aided by operating leverage and higher execution.

For Q3FY26, the company’s consolidated net profit rose 61.8% year-on-year to ₹55 crore from ₹34 crore in the same period last year. Revenue from operations increased 13.4% YoY to ₹830.4 crore from ₹732 crore.

Operating performance improved significantly during the quarter, with EBITDA surging 62% year-on-year to ₹127.7 crore, compared with ₹79 crore in Q3FY25. EBITDA margin expanded to 15.4%, from 10.8% a year ago.

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On a standalone basis, Man Industries reported a net profit of ₹60.9 crore for the quarter, up from ₹37.6 crore in the year-ago period. Revenue from operations stood at ₹803.5 crore, compared with ₹730.8 crore last year, while profit before tax rose to ₹81.7 crore from ₹50.3 crore.

The company said its order book stood at approximately ₹4,005 crore as of the date, to be executed over the next 6 to 12 months, providing healthy revenue visibility.

Man Industries operates primarily in the steel pipes segment and caters to domestic and international energy and infrastructure projects.

Following the Q3 results announcement, shares of Man Industries hit an intraday high of ₹397.40, but the stock has since pared some of its gains and is currently trading 5.04% up at ₹381.65. The stock has rallied 39.72% in the past year.Continue ReadingTagsMan Industriesq3 earningsQ3 resultsshare market today