MAN INDUSTRIES (IN chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 380.82
Dividend & Yield2.00₹ (2.62%)
Beta N/A
Market capitalization 4.67B
Operating cash flow 4.51B
ESG Scores unknown

Company description

Man Industries (India) Limited manufactures, processes, and trades in submerged arc welded pipes and steel products in India. The company offers longitudinal submerged arc welded line pipes for use in oil, gas, petrochemicals, fertilizers, and dredging sectors; and helically submerged arc welded line pipes for use in oil and gas transportation, water supply, sewerage, agriculture, and construction, as well as for high pressure applications. It provides various options of coating systems, which include internal blasting and painting, concrete weight coating, and coal tar enamel, as well as single layer fusion bonded epoxy, 3 Layer polyethylene, and 3 layer polypropylene coating systems. It also exports its products. Man Industries (India) Limited was incorporated in 1988 and is based in Mumbai, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio1.07
Working Capital0.27
Return On Equity0.11
Debt To Equity0
Fixed Asset Ratio-0.49
Fixed Interest Cover4.62

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -977.23M 1.47B -1.14B 1.76B
Total Cashflows From Investing Activities 1.58M -463.41M 42.59M -1.19B
Net Borrowings -628.35M 431.92M 1.22M -2.4B
Total Cash From Financing Activities -1.38B -368.57M -631.01M -2.67B
Change To Operating Activities 14.12M -41.46M 12.73M 12.21M
Issuance Of Stock 101.2M 101.2M 101.2M 101.2M
Net Income 588.37M 555.03M 1.01B 1.02B
Change In Cash -5.2M 1.31B -1.19B 646.54M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.37B 2.14B -598.94M 4.51B
Depreciation 459.29M 523.21M 463.81M 454.03M
Change To Account Receivables -1.33B 676.75M -2.42B 929.22M
Other Cashflows From Financing Activities -662.54M -660.65M -518.65M -375.91M
Change To Netincome 604.6M 586.9M 993.65M 207.8M
Capital Expenditures -266.95M -106.98M -121.94M -456.81M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 884.3M 652.56M 1.37B 1.35B
Net Income 588.37M 555.03M 1.01B 1.02B
Selling General Administrative 598.01M 560.46M 550.17M 541.2M
Gross Profit 5.37B 4.93B 6.73B 5.92B
Ebit 1.47B 1.16B 1.59B 1.72B
Operating Income 1.47B 1.16B 1.59B 1.72B
Interest Expense -503.81M -462.4M -357.19M -373M
Income Tax Expense 295.93M 97.53M 358.45M 333.9M
Total Revenue 22.37B 17.59B 20.8B 21.76B
Cost Of Revenue 17B 12.66B 14.07B 15.83B
Total Other Income ExpenseNet -586.79M -503.7M -219.85M -373M
Net Income From Continuing Ops 588.37M 555.03M 1.01B 1.02B
Net Income Applicable To Common Shares 588.37M 555.03M 1.01B 1.02B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 8.92B 10.81B 9.51B 8.78B
Total Stockholder Equity 7.02B 7.46B 8.35B 9.42B
Other Current Liabilities 221.71M 1.67B 776.12M 378.4M
Total Assets 15.94B 18.27B 17.86B 18.2B
Common Stock 285.51M 285.51M 285.51M 295.9M
Other Current Assets 818.57M 1.32B 929.96M 1.15B
Retained Earnings 5.76B 6.14B 7.01B
Treasury Stock 31.4M 91.39M 113.9M 9.13B
Cash 49.21M 1.36B 172.92M 2.4B
Total Current Liabilities 7.98B 10.22B 9.1B 8.43B
Other Stockholder Equity 31.4M 91.39M 113.9M 9.13B
Property, Plant, and Equipment 3.99B 3.72B 3.38B 3.38B
Total Current Assets 9.49B 11.78B 12.08B 12.19B
Net Tangible Assets 7.02B 7.46B 8.35B 9.42B
Net Receivables 6.37B 5.2B 7.53B 5.46B
Accounts Payable 5.63B 5.61B 5.18B 7.55B


Insider Transactions

Here are the insider transactions of stock shares related to MAN INDUSTRIES (IN:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Man Finance Ltd.Acquisition at price 0.94 per share.D2022-05-11Promoter100k
Man Finance Ltd.Other at price 0.85 per share.D2022-05-05Promoter924k
Man Finance Ltd.Other at price 0.85 per share.D2022-05-05Promoter924k
Man Finance Ltd.Acquisition at price 0.86 per share.D2022-03-31Program Director1.03M
Man Finance Ltd.Other at price 0.85 per share.D2022-03-24Promoter2.38M
Man Finance Ltd.Other at price 0.85 per share.D2022-03-24Promoter1.33M
Man Finance Ltd.Other at price 0.88 per share.D2020-11-09Promoter3M
Man Finance Ltd.Acquisition at price 0.83 per share.D2020-09-30Promoter108.64k
Man Finance Ltd.Acquisition at price 0.80 per share.D2020-09-29Promoter3.08M
Man Finance Ltd.Acquisition at price 0.80 per share.D2020-09-29Promoter48k
Mansukhani (Nikhil Rameshchandra)D2020-03-31Director (Executive)60k
Mansukhani (Nikhil Rameshchandra)D2020-03-30Director (Executive)35k
Mansukhani (Nikhil Rameshchandra)D2020-03-27Director (Executive)30k
Mansukhani (Rameshchandra Jhamaklal)D2020-03-26Chairman of the Board50k
Mansukhani (Rameshchandra Jhamaklal)D2020-03-25Chairman of the Board40k
Mansukhani (Rameshchandra Jhamaklal)D2020-03-24Chairman of the Board52k
Mansukhani (Rameshchandra Jhamaklal)D2019-06-18UNREPORTED13.4M
Mansukhani (Deepadevi Rameshchandra)D2019-06-18UNREPORTED900k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-22Chairman of the Board8.79k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-22Chairman of the Board6.79k
Mansukhani (Nikhil Rameshchandra)D2018-10-11Director (Executive)23.97k
Mansukhani (Nikhil Rameshchandra)D2018-10-11Director (Executive)5.62k
Mansukhani (Nikhil Rameshchandra)D2018-10-10Director (Executive)2.52k
Mansukhani (Nikhil Rameshchandra)D2018-10-10Director (Executive)97
Mansukhani (Nikhil Rameshchandra)D2018-10-09Director (Executive)7k
Mansukhani (Nikhil Rameshchandra)D2018-10-09Director (Executive)3k
Mansukhani (Nikhil Rameshchandra)D2018-10-08Director (Executive)2.74k
Mansukhani (Nikhil Rameshchandra)D2018-10-08Director (Executive)22.26k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-05Chairman of the Board12.43k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-05Chairman of the Board8.68k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-04Chairman of the Board9.06k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-04Chairman of the Board7.41k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-03Chairman of the Board19.69k
Mansukhani (Rameshchandra Jhamaklal)D2018-10-03Chairman of the Board6.78k
Mansukhani (Nikhil Rameshchandra)D2018-10-01Director (Executive)50k
Mansukhani (Nikhil Rameshchandra)I2018-10-01Director (Executive)
Mansukhani (Rameshchandra Jhamaklal)D2018-09-26Chairman of the Board14.4k
Mansukhani (Rameshchandra Jhamaklal)D2018-09-26Chairman of the Board10.19k
Mansukhani (Rameshchandra Jhamaklal)D2018-09-25Chairman of the Board41.01k
Mansukhani (Rameshchandra Jhamaklal)D2018-09-25Chairman of the Board31k
Mansukhani (Rameshchandra Jhamaklal)D2018-09-24Chairman of the Board21.2k
Mansukhani (Rameshchandra Jhamaklal)D2018-09-24Chairman of the Board7.5k
Mansukhani (Rameshchandra Jhamaklal)D2018-07-19Chairman of the Board15.13k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-26Chairman of the Board3.14k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-26Chairman of the Board3.14k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-22Chairman of the Board1.2k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-22Chairman of the Board200
Mansukhani (Rameshchandra Jhamaklal)D2018-06-21Chairman of the Board5k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-21Chairman of the Board7k
Mansukhani (Rameshchandra Jhamaklal)D2018-06-19UNREPORTED759
Mansukhani (Rameshchandra Jhamaklal)D2018-06-19UNREPORTED16.85k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MAN INDUSTRIES (IN. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MAN INDUSTRIES (IN

Here is the result of two systematic investment strategies applied to MAN INDUSTRIES (IN. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MAN INDUSTRIES (IN

The following chart shows the equity curve of the two systematic investment strategies applied to MAN INDUSTRIES (IN:

MAN INDUSTRIES (IN automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 31.56% on the backtest period.

Performance at glance

Performance

31.56 %

Latent gain

732.8 ₹

Invested capital

2321.8 ₹

Annualized return

7.48 %
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Momentum strategy results on MAN INDUSTRIES (IN

This is the result of two momentum investment strategies applied to MAN INDUSTRIES (IN. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MAN INDUSTRIES (IN

The following chart shows all the entries opened by the momentum investment system on MAN INDUSTRIES (IN:

MAN INDUSTRIES (IN momentum entries
  • The first momentum investment strategy would give 32.75% of return on MAN INDUSTRIES (IN. That represents 1255.9₹ of latent gain with 3835.1₹ of employed capital.
  • The second momentum investment strategy would give 33.91% of return on MAN INDUSTRIES (IN. That represents 1052.8₹ of latent gain with 3104.85₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

32.75 %

Latent gain

1255.9 ₹

Invested capital

3835.1 ₹

Annualized return

4.63 %
Performance at glance (2Q Momentum)

Performance

33.91 %

Latent gain

1052.8 ₹

Invested capital

3104.85 ₹

Annualized return

9.07 %

Momentum equity curve on MAN INDUSTRIES (IN

The following chart shows the equity curve of the two momentum strategies applied to MAN INDUSTRIES (IN:

MAN INDUSTRIES (IN momentum equity

Note: the dividends potentially given by MAN INDUSTRIES (IN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAN INDUSTRIES (IN

The following chart shows the employed capital evolution of the two momentum strategies on MAN INDUSTRIES (IN since the beginning:

MAN INDUSTRIES (IN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MAN INDUSTRIES (IN

Buy the dip entry openings on MAN INDUSTRIES (IN

MAN INDUSTRIES (IN

The performance achieved by the robo-advisor on MAN INDUSTRIES (IN is 10.27%. That represents 23.7$ of latent gain with 230.85₹ of employed capital. The following chart shows MAN INDUSTRIES (IN stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAN INDUSTRIES (IN, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

10.27 %

Latent gain

23.7 ₹

Invested capital

230.85 ₹

Annualized return

4.63 %

Equity curve of the strategy applied to MAN INDUSTRIES (IN

The following chart shows the result of the investment strategy applied to MAN INDUSTRIES (IN:

MAN INDUSTRIES (IN

Note: the dividends potentially given by MAN INDUSTRIES (IN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAN INDUSTRIES (IN

The following chart shows the employed capital evolution since the beginning of the investment strategy on MAN INDUSTRIES (IN:

MAN INDUSTRIES (IN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MAN INDUSTRIES (IN

In this section, I will compare the three previous investment strategies applied to MAN INDUSTRIES (IN.

Equity curve comparison on MAN INDUSTRIES (IN

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MAN INDUSTRIES (IN investment strategy comparison

Employed capital comparison on MAN INDUSTRIES (IN

MAN INDUSTRIES (IN investment comparison

Performance comparison on MAN INDUSTRIES (IN

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 31.56% 732.8₹ 2321.8₹ 7.48%
Momentum 1 quarter 32.75% 1255.9₹ 3835.1₹ 8.23%
Momentum 2 quarters 33.91% 1052.8₹ 3104.85₹ 9.07%
Non-directional 10.27% 23.7₹ 230.85₹ 4.63%
Annualized return comparison

Automatic investment

7.48 %

Momentum 1Q

9.07 %

Momentum 2Q

9.07 %

Non-directional

4.63 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAN INDUSTRIES (IN:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MAN INDUSTRIES (IN and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAN INDUSTRIES (IN does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MAN INDUSTRIES (IN
Country India
City Mumbai
Address Man House
Phone 91 22 6647 7500
Website www.mangroup.com
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker MANINDS.XNSE
Market

MAN INDUSTRIES (IN ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown