Rs 3,500 crore order book: Ashish Kacholia’s multibagger pipes manufacturing stock; Company gets a new export order worth Rs 1,150 crore
The stock gave multibagger returns of 385 per cent in just 3 years and a whopping 910 per cent in 5 years.
MAN Industries (India) Limited, a prominent manufacturer of large diameter pipes, has secured a significant export order valued at approximately Rs 1,150 crore. This substantial order underscores the company's strong market position and credibility in the global pipeline industry, further solidifying its reputation as a reliable international supplier. The contract involves providing various types of pipes to an international customer, with an expected completion timeframe of six to twelve months.
This new export order boosts MAN Industries' total unexecuted order book to approximately Rs 3,500 crore, reflecting continued client trust in its technological prowess, quality control, and execution capabilities. This achievement represents another crucial step in the company's expansion of its global footprint and its ongoing commitment to serving strategic infrastructure and energy sectors worldwide.
About the Company
Established in 1970 as part of the MAN Group and steered by Dr. R. C. Mansukhani, MAN Industries (India) Ltd (MANINDS) has evolved from an aluminium extruder to a leading global manufacturer and exporter of large diameter carbon steel line pipes (LSAW, HSAW and ERW) serving critical sectors like oil & gas, petrochemicals and water. With three advanced manufacturing facilities in India boasting a combined capacity exceeding 1.18 MTPA, the ISO-certified company is further expanding its portfolio by venturing into stainless-steel seamless pipes and establishing a new line pipe and coating facility in Dammam, Saudi Arabia, with an investment of approximately Rs 600 crore to meet the region's increasing demands.
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MAN Industries (India) Ltd (MANINDS) reported its highest-ever quarterly performance in Q4FY25, with total income reaching Rs 1,218.5 crore, marking an approximately 50 per cent year-over-year increase, alongside an 88 per cent surge in EBITDA to Rs 136.7 crore and a remarkable 182 per cent jump in PAT to Rs 68.1 crore; this strong final quarter contributed to a record full-year performance in FY25, with total income climbing to Rs 3,557 crore (up approximately 11 per cent YoY), EBITDA reaching Rs 353.2 crore (up approximately 20 per cent YoY) and PAT growing to Rs 153.2 crore (up approximately 46 per cent YoY), underscoring a period of significant growth and profitability for the company.
Man Industries Ltd has a market cap of over Rs 2,500 crore and the current unexecuted order book as of today stands at Rs 3,500 crore, which will be executed within the next 6 to 8 months with a total bid book of Rs 15,000 crore, indicating strong demand visibility and revenue growth potential. An ace investor, Ashish Kacholia own a 2.03 per cent stake in the company as of May 2025. The stock gave multibagger returns of 385 per cent in just 3 years and a whopping 910 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.