Wednesday, August 19, 2020

MAN Industries (India) Ltd receives Rs.405 crores worth of new export order

Order Book Stands at approx. Rs.1,800 Crore

Mumbai, August 19, 2020: MAN Industries (India) Limited, one of the leading Large Diameter Pipe manufacturing companies has announced today that the company has received a new export order of approx. Rs. 405 crores. With this, the total unexecuted order book of the company stands at approx. Rs. 1,800 Crores, out of which 80% is exports. These orders are meant to be executed in the current financial year.

Commenting on this, Dr. R. C. Mansukhani, Chairman, Man Industries (India) Limited said, “Despite the ongoing crisis and challenging business environment globally, we are striving to grow our order book and increase the capacity utilization. This order win is testament to our commitment towards creating sustainable value for our shareholders and improve the overall returns for the Company.”

The company holds an impeccable track record of uninterrupted profitability, dividend and meeting all its financial obligations in the toughest business environment. Meanwhile, the company’s plants are now fully operational.


Man Industries (India) Ltd. is the flagship company of Man Group, promoted by the Mansukhani

family in 1970. The Company is a part of the well diversified MAN Group, growing under the

dynamic leadership of Dr. R. C. Mansukhani. Starting as an Aluminium Extruder in 1988, MAN

Industries has now become one of the largest players in LSAW Pipes, Spirally Welded Pipes and

Coating Systems.

It has state of the art manufacturing facilities with the total combined capacity of 1 Million Metric

Tonnes p.a for LSAW and HSAW Pipes and is dedicated to highest Operating and Quality

standards, environment protection and Occupational Health & Safety Standards and is accredited

by ISO-9001, ISO 14001 & OHSAS 18001 certification. The shares of the Company are listed 

with Bombay Stock Exchange and National Stock Exchange.

Man Industries (India) Limited has been a profit-making company since inception and also a

consistent dividend paying company. The company holds an excellent track record of promptly

meeting its financial obligations in a timely manner in the toughest market conditions.

No comments: