Man Industries (India) Limited

NSEI:MANINDS Stock Report

Market Cap: ₹20.8b

Man Industries (India) Balance Sheet Health

Financial Health criteria checks 5/6

Man Industries (India) has a total shareholder equity of ₹14.6B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ₹30.6B and ₹16.0B respectively. Man Industries (India)'s EBIT is ₹1.7B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹1.7B.

Key information

13.7%

Debt to equity ratio

₹2.00b

Debt

Interest coverage ratio3.8x
Cash₹1.72b
Equity₹14.60b
Total liabilities₹15.99b
Total assets₹30.59b

Recent financial health updates

Recent updates

Man Industries (India) Limited (NSE:MANINDS) Stock Rockets 31% But Many Are Still Ignoring The Company

Jul 02
Man Industries (India) Limited (NSE:MANINDS) Stock Rockets 31% But Many Are Still Ignoring The Company

Man Industries (India)'s (NSE:MANINDS) Promising Earnings May Rest On Soft Foundations

Jun 05
Man Industries (India)'s (NSE:MANINDS) Promising Earnings May Rest On Soft Foundations

Man Industries (India) Limited's (NSE:MANINDS) Shares Bounce 30% But Its Business Still Trails The Market

Jan 16
Man Industries (India) Limited's (NSE:MANINDS) Shares Bounce 30% But Its Business Still Trails The Market

Returns On Capital Are Showing Encouraging Signs At Man Industries (India) (NSE:MANINDS)

Nov 17
Returns On Capital Are Showing Encouraging Signs At Man Industries (India) (NSE:MANINDS)

Man Industries (India) (NSE:MANINDS) Shareholders Will Want The ROCE Trajectory To Continue

Aug 16
Man Industries (India) (NSE:MANINDS) Shareholders Will Want The ROCE Trajectory To Continue

We Like These Underlying Return On Capital Trends At Man Industries (India) (NSE:MANINDS)

May 12
We Like These Underlying Return On Capital Trends At Man Industries (India) (NSE:MANINDS)

Here's Why I Think Man Industries (India) (NSE:MANINDS) Might Deserve Your Attention Today

Apr 01
Here's Why I Think Man Industries (India) (NSE:MANINDS) Might Deserve Your Attention Today

Shareholders Would Enjoy A Repeat Of Man Industries (India)'s (NSE:MANINDS) Recent Growth In Returns

Jul 22
Shareholders Would Enjoy A Repeat Of Man Industries (India)'s (NSE:MANINDS) Recent Growth In Returns

Here's Why I Think Man Industries (India) (NSE:MANINDS) Is An Interesting Stock

Jun 01
Here's Why I Think Man Industries (India) (NSE:MANINDS) Is An Interesting Stock

How Does Man Industries (India) Limited (NSE:MANINDS) Stand Up To These Simple Dividend Safety Checks?

Apr 06
How Does Man Industries (India) Limited (NSE:MANINDS) Stand Up To These Simple Dividend Safety Checks?

Under The Bonnet, Man Industries (India)'s (NSE:MANINDS) Returns Look Impressive

Mar 16
Under The Bonnet, Man Industries (India)'s (NSE:MANINDS) Returns Look Impressive

Does Man Industries (India) (NSE:MANINDS) Have A Healthy Balance Sheet?

Mar 01
Does Man Industries (India) (NSE:MANINDS) Have A Healthy Balance Sheet?

Have Insiders Been Buying Man Industries (India) Limited (NSE:MANINDS) Shares?

Feb 14
Have Insiders Been Buying Man Industries (India) Limited (NSE:MANINDS) Shares?

The Man Industries (India) (NSE:MANINDS) Share Price Is Up 40% And Shareholders Are Holding On

Jan 29
The Man Industries (India) (NSE:MANINDS) Share Price Is Up 40% And Shareholders Are Holding On

Man Industries (India) (NSE:MANINDS) Is Growing Earnings But Are They A Good Guide?

Jan 14
Man Industries (India) (NSE:MANINDS) Is Growing Earnings But Are They A Good Guide?

Does Man Industries (India) Limited (NSE:MANINDS) Have A Place In Your Dividend Portfolio?

Dec 30
Does Man Industries (India) Limited (NSE:MANINDS) Have A Place In Your Dividend Portfolio?

Will Man Industries (India) (NSE:MANINDS) Become A Multi-Bagger?

Dec 15
Will Man Industries (India) (NSE:MANINDS) Become A Multi-Bagger?

With EPS Growth And More, Man Industries (India) (NSE:MANINDS) Is Interesting

Nov 30
With EPS Growth And More, Man Industries (India) (NSE:MANINDS) Is Interesting

Is Man Industries (India) (NSE:MANINDS) A Risky Investment?

Nov 15
Is Man Industries (India) (NSE:MANINDS) A Risky Investment?

Man Industries (India) Limited (NSE:MANINDS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Oct 29
Man Industries (India) Limited (NSE:MANINDS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Update: Man Industries (India) (NSE:MANINDS) Stock Gained 60% In The Last Year

Oct 28
Update: Man Industries (India) (NSE:MANINDS) Stock Gained 60% In The Last Year

How Much Are Man Industries (India) Limited (NSE:MANINDS) Insiders Spending On Buying Shares?

Oct 07
How Much Are Man Industries (India) Limited (NSE:MANINDS) Insiders Spending On Buying Shares?

What To Know Before Buying Man Industries (India) Limited (NSE:MANINDS) For Its Dividend

Sep 11
What To Know Before Buying Man Industries (India) Limited (NSE:MANINDS) For Its Dividend

Here's Why We Think Man Industries (India) (NSE:MANINDS) Is Well Worth Watching

Aug 20
Here's Why We Think Man Industries (India) (NSE:MANINDS) Is Well Worth Watching

Financial Position Analysis

Short Term Liabilities: MANINDS's short term assets (₹21.4B) exceed its short term liabilities (₹13.9B).

Long Term Liabilities: MANINDS's short term assets (₹21.4B) exceed its long term liabilities (₹2.1B).


Debt to Equity History and Analysis

Debt Level: MANINDS's net debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: MANINDS's debt to equity ratio has reduced from 27.7% to 13.7% over the past 5 years.

Debt Coverage: MANINDS's debt is not well covered by operating cash flow (6.8%).

Interest Coverage: MANINDS's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 00:04
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Man Industries (India) Limited is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parin TannaBatlivala & Karani Securities India Pvt. Ltd.
Bharat KudikyalaChoice Equity Broking Private Limited
Kripashankar MauryaChoice Equity Broking Private Limited