On June 18, 2026, Man Industries (India) Limited and its step-down subsidiary, National Pipe Company Limited (NPC) in Saudi Arabia, announced the acquisition of new orders amounting to ₹1,000 crores. These orders are expected to be fulfilled within 6 to 9 months.
Man Industries received orders worth ₹300 crores, while NPC secured orders valued at ₹700 crores.
The combined value of these orders contributes to a consolidated unexecuted order book of approximately ₹4,100 crores for the company.
The orders, both domestic and international, involve the supply of various types of pipes. This reflects the strong business environment and the trust customers place in the technological and execution capabilities of Man Industries and NPC.
The orders are scheduled to be executed within a timeframe of 6 to 9 months. This timeline underscores the company's commitment to timely delivery and efficient project management.
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Man Industries consolidated results reported a mixed performance for Q4 FY26, as quarterly profit dipped despite steady full-year growth.
In the March 2026 quarter, total income fell 4.6% YoY to Rs 1,165.51 crore but jumped 39.0% QoQ, while net profit (PAT) dropped 25.4% YoY and 7.6% QoQ to Rs 50.85 crore.
Conversely, the full-year FY26 results showed positive expansion, with total income rising 1.9% YoY to Rs 3,592.49 crore and net profit increasing 11.3% YoY to Rs 170.48 crore.
On June 18, 2026, at 9:17 AM, Man Industries share price on NSE was trading at ₹611.45 up by 3.18% from the previous closing price.
Man Industries and NPC have secured new orders worth ₹1,000 crores, enhancing their consolidated unexecuted order book to ₹4,100 crores. These orders are to be delivered within 6 to 9 months, reflecting the company's operational capabilities.
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Published on: Jun 18, 2026, 10:10 AM IST
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