Company said in official statement that, we are pleased to inform you that the Company has received new orders for approx. Rs.550 Crores (Rupees Five Hundred Fifty Crores only).
These orders are expected to be delivered within 6 (six) months. The total unexecuted order book stands at approximately Rs.4600 Crores (Rupees Four Thousand Six Hundred Crores only). These orders reflects the robust business environment and showcases the trust of the customers they have in the Company’s technological and executional capabilities.
With market cap of ₹2600 cr, Man Industries (India) Ltd., founded in 1988, is the flagship company of the MAN Group and a leading global manufacturer and exporter of large-diameter carbon steel pipes. Headquartered in Mumbai, the company specializes in pipeline solutions for high-pressure transmission in sectors such as oil and gas, petrochemicals, water supply, and infrastructure.
The company specializes in three primary types of steel pipes and high-end coating solutions:
LSAW (Longitudinal Submerged Arc Welded): Used for severe sour gas regions and high-pressure oil and gas transportation. Capacity is approximately 500,000 TPA (tons per annum).
HSAW (Helical Submerged Arc Welded): Spiral pipes mainly used for water transportation and general oil/gas supply.
ERW (Electric Resistance Welded): A high-volume segment recently expanded in FY2025, catering to the City Gas Distribution (CGD) and construction sectors.
As of 2026, the company operates with a total installed capacity of over 1.2 million MTPA across two major facilities in India:
Anjar, Gujarat: Strategically located near Kandla and Mundra ports to facilitate global exports.
Pithampur, Madhya Pradesh: Located in central India to efficiently serve the domestic market.
Export Dominance: Approximately 80-90% of the current order book is for exports, reflecting strong demand in the GCC and Southeast Asian markets.
