Man Industries Reports 37% EBITDA Growth to ₹102 Crore in Q2 FY26

Man Industries (India) Limited has reported an impressive **37% year-on-year growth in EBITDA**, totaling ₹102 crore for the second quarter of FY26, as announced on November 13, 2025. The company achi

13 November 2025
5 min read

Man Industries (India) Limited has reported an impressive 37% year-on-year growth in EBITDA, totaling ₹102 crore for the second quarter of FY26, as announced on November 13, 2025. The company achieved its highest-ever consolidated quarterly EBITDA margin, which expanded by 340 basis points to 12.5%. For the first half of FY26, EBITDA rose approximately 38% year-on-year to ₹182 crore, driven by a favorable product mix and consistent operational efficiencies. The financial results reflect a strong operational performance, underscoring the effectiveness of the company’s cost optimization strategies.

In terms of revenue, Man Industries posted ₹834 crore in operations for Q2 FY26, marking a 3.5% increase from the same quarter last year, and a 12.4% increase compared to the previous quarter. The company’s profit before tax (PBT) also saw significant growth, rising 15.5% year-on-year to ₹49 crore, while profit after tax (PAT) increased by 16.1% to ₹37 crore. The solid financial performance is complemented by a healthy balance sheet, with a cash position of ₹14 crore as of September 30, 2025, and a robust executable order book valued at approximately ₹4,750 crore.

Looking forward, Man Industries is strategically positioning itself for further growth with ongoing projects in Saudi Arabia and Jammu, aimed at expanding its capacity. Both projects are on track for commissioning by Q4 FY26, aligning with the company’s objective to enhance its global presence. With a full-year revenue growth guidance of around 20%, the company remains optimistic about achieving its growth targets, driven by a strong order pipeline exceeding ₹15,000 crore and continued emphasis on operational excellence. Managing Director Mr. Nikhil Mansukhani expressed confidence in the company’s future, citing its commitment to innovation and customer diversification as key drivers of sustainable performance.