Revenue from operations was almost, down 0.9% at ₹742.1 crore against ₹749 crore last year.
At the operating level, EBITDA surged 28.2% to ₹49.4 crore in the April-July quarter over ₹38.5 crore YoY. The EBITDA margin improved to 6.6% versus 5.1% in the corresponding period in the previous fiscal.
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Man Industries said export volumes in the first quarter of FY26 were impacted by deferments in certain scheduled consignments due to vessel availability constraints arising from the Iran-Israel conflict. The affected shipments are currently in transit and are expected to be accounted for in the ongoing quarter.
As of Q1FY26, the company reported an executable order book of ₹3,200 crore for delivery over the next 6-12 months, supported by a bid pipeline of about ₹15,000 crore, providing healthy revenue visibility.
The company’s greenfield projects in Saudi Arabia and Jammu are progressing as per schedule, with commissioning targeted for the third and fourth quarters of FY26. These facilities are expected to significantly enhance Man Industries’ global manufacturing footprint and market reach.
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Man Industries reaffirmed its FY26 revenue growth guidance of around 20%, supported by strong momentum expected in the second half of the fiscal year. This outlook is underpinned by a robust production schedule for the second half of the current fiscal and steady order inflows, which are expected to improve capacity utilisation.
The company said its strategic capacity expansion, particularly through the upcoming projects in Saudi Arabia and Jammu, will strengthen its foothold in high-growth markets such as the Middle East and create long-term value for stakeholders.
The results came after the close of the market hours. Shares of Man Industries India Ltd ended at ₹443.95, up by ₹24.45 or 5.83%, on the BSE today (August 11).
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(Edited by : Shoma Bhattacharjee)
First Published: Aug 11, 2025 8:35 PM IST
