Man Industries targets ₹5,500 cr revenue for FY27
The company issued fresh guidance alongside its audited FY26 results, projecting revenue growth to ₹5,000-5,500 crore with margins of 13-15%.
— 5 earlier stories on Man Industries (India) Ltd. →What's new
- Management targets FY27 revenue of ₹5,000-5,500 crore.
- EBITDA margins are guided at 13-15% for the coming year.
- The press release provides updates on the NPC acquisition and the Jammu plant timeline.
Why this matters
While the financial results were previously disclosed, the new guidance sets a clear performance benchmark for FY27. Investors now have a specific margin and revenue target to hold management accountable against in the coming quarters.
What we're watching
- Progress on the Jammu plant commissioning timeline.
- Execution of the Merino Shelters project.
- Actual EBITDA margins versus the 13-15% target.
The full read
Man Industries has set its sights on ₹5,000-5,500 crore in revenue for FY27. This guidance, paired with an EBITDA margin target of 13-15%, provides the first real look at management's expectations following the close of FY26. While the core financials — including a standalone PAT of ₹196 crore and revenue of ₹3,455 crore — were already public, the press release adds necessary detail on the company's growth trajectory. Beyond the numbers, management provided updates on the NPC acquisition, the Merino Shelters project, and the status of the Jammu plant. With an order book of ₹3,000 crore already in place, the focus now shifts to whether the company can hit these new targets while navigating its ongoing capital projects.
Questions answered
- What is the revenue target for FY27?
- Man Industries expects consolidated revenue to reach between ₹5,000 crore and ₹5,500 crore in FY27.
- What margin guidance did the company provide?
- Management is targeting EBITDA margins in the range of 13-15% for the current fiscal year.
- Are the FY26 financial results new?
- No. The standalone PAT of ₹196 crore and revenue of ₹3,455 crore were already disclosed in a prior filing.
- What strategic updates were included?
- The release provided additional context on the NPC acquisition, the Merino Shelters project, and the construction timeline for the Jammu plant.
Man Industries (India) Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on MANINDS →- 25 May 2026 · 9:32 PM IST Man Industries targets ₹5,500 cr revenue for FY27
- 24d ago Man Industries lands ₹1,000 cr pipe orders; order book hits ₹4,100 cr
- 40d ago Man Industries' transcript adds nothing the market hasn't already heard
- 46d ago Man Industries cuts FY27 revenue guidance
- 47d ago Man Industries posts ₹196 cr profit, enters FY27 with ₹3,000 cr order book