On June 5, 2025, MAN Industries (India) Limited, a top manufacturer of large diameter pipes, received a major export order valued at around ₹1,150 crore. This new contract highlights the company's strong position and growing reputation in international markets.
The order involves supplying various types of pipes to a respected international customer, with work expected to be completed within 6 to 12 months.
With this order, MAN Industries’ total pending order book now stands at about ₹3,500 crore. This shows continued trust from customers in the company’s technology, quality, and ability to deliver on time.
Mr. Nikhil Mansukhani, Managing Director, said, “The year is off to a strong start with multiple orders totalling around ₹3,500 crore. These orders reflect our commitment to quality and timely delivery. We expect this momentum to keep growing, showcasing MAN Industries’ advanced technology and capabilities.”
This new order is another step in the company’s plan to grow its global footprint and support important infrastructure and energy projects worldwide.
MAN Industries, part of the Man Group promoted by the Mansukhani family since 1970, started as an aluminium extruder and has grown into one of India’s largest manufacturers of large diameter pipes, including LSAW, HSAW, and ERW pipes. The company holds certifications like ISO 9001, ISO 14001, and ISO 45001.
They operate three advanced manufacturing plants—two in Anjar, Gujarat, and one in Pithampur, Madhya Pradesh—with a combined capacity of over 1.18 million tonnes per annum.
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As of June 5, 2025, at 1:39 PM IST, Man Industries (India) share price stood at ₹401.95, up ₹7.70 or 1.95% for the day. The stock opened at ₹395.00, reached a high of ₹418.50, and a low of ₹394.20. The company has a market capitalisation of ₹2,700 crores and a price-to-earnings (P/E) ratio of 17.64. It currently does not offer a dividend yield. The stock’s 52-week high is ₹513.70, while the 52-week low is ₹201.55.
This major export order underlines MAN Industries’ strong technology and global competitiveness, reinforcing its role as a trusted supplier in the pipeline industry and its ambitions for international growth.
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Published on: Jun 5, 2025, 1:52 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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