What we do Man Industries (India) Ltd manufactures and exports large diameter steel pipes (LSAW, HSAW, ERW) used in high-pressure applications like oil, gas, petrochemicals, and water. |
Founded in 1,988 |
Market share Leading manufacturer with over 1.2 million MTPA capacity and presence in 30+ countries; approved vendor for global oil and gas majors. |
Problem solved Provides robust, high-quality pipeline solutions for energy and water sectors requiring safe, reliable, and corrosion-resistant steel pipes. |
Top clients or who we serve Serves domestic and international oil, gas, petrochemical companies; water utilities; B2B focus. |
Key management Dr. Ramesh C. Mansukhani (Chairman, PhD in Economics) and Mr. Nikhil Mansukhani (Managing Director, Engineering degree) lead the company. |
Our journey and innovations Since 1988, expanded manufacturing with state-of-the-art facilities; launched ERW pipes in 2025; strategic joint ventures and international expansions. |
Where we operate Manufacturing in Gujarat and Madhya Pradesh; markets in India, Middle East, USA, and 30+ countries worldwide. |
Top products or what we offer Large diameter LSAW, HSAW, ERW steel pipes with anti-corrosion coatings for oil, gas, petrochemical, and water transmission. |
Top brands Known for API-grade LSAW, HSAW, and ERW pipes with projects spanning over 20,000+ KM worldwide; certified supplier to key global clients. |
Raw materials needed Carbon steel and alloy steel inputs for pipe manufacturing. |
Raw materials supplier Sources steel from domestic and international suppliers (detailed names unspecified). |
Recurring vs cyclical contribution Revenue driven by project-based orders and exports with generally cyclical demand aligned to energy and infrastructure projects. |
Our industry position Among top Indian exporters and manufacturers of line pipes with strategic global presence and strong approvals. |
Financial highlights FY25 revenue approx. ₹3,505 Crore; PAT ₹153 Crore; consistent dividend for 35+ years; strong YoY growth in profitability. |
Geographical revenue split - |
Order book Order book stands at approx. ₹4,000 Crore as of Q3 FY26, providing revenue visibility for 6-12 months. |
Whats driving growth Demand for oil & gas, water infrastructure, new product lines like ERW pipes, and strategic expansions in Saudi Arabia and Jammu. |
Our future plans Expand capacities with new plants in Saudi Arabia and Jammu by FY27 to capture growing pipeline demand and increase margins. |
Our green promise Initiatives include windmill captive consumption, safety audits, resource conservation, and adherence to environmental certifications. |
Our people and values Over 35 years of employee engagement, training, and fostering an inclusive, motivated workforce with strong safety culture. |
Key challenges ahead Managing raw material costs, cyclical demand, and execution risks in new geographic expansions. |
Interesting facts First Indian company to export 80-inch diameter, 18-meter long pipe; tested pipes for hydrogen transport with European centers. |
Risks and strategy Risks include project delays and market cycles; mitigated through strategic global diversification and steady R&D investment. |
