Man Industries (India) Limited, a leading global manufacturer and supplier of large-diameter pipes, has announced a significant business development that further enhances its market standing. On September 3, 2025, the company disclosed to the stock exchanges—BSE Limited and National Stock Exchange of India Limited (NSE)—that it has secured a new international export order worth approximately ₹1700 crore.

This new order is part of the company’s continued expansion in the global pipeline industry and will be executed within a period of 6 to 12 months. The order primarily involves the supply of various types of coated pipes to an international customer. With this addition, Man Industries’ unexecuted order book now stands at ₹4700 crore, indicating a strong business pipeline and a healthy outlook for the company’s future revenue streams.

Order Details

As per the company’s disclosure, the order has been received from an international client and involves the supply of different categories of coated pipes, widely used in sectors such as oil and gas, water distribution, and infrastructure development. Importantly, the company clarified that this order does not fall under any related party transactions, nor do the promoters or group companies have any interest in the awarding entity.

The order will be executed over the next 6 to 12 months, depending on project schedules, client requirements, and international delivery frameworks. This aligns with Man Industries’ long-standing reputation for timely execution and technological precision in large-scale projects.

Strengthened Order Book

With this new order, the company’s unexecuted order book has now risen to ₹4700 crore. This not only reflects the company’s ability to secure large international contracts but also showcases the trust placed by global customers in its technological and operational capabilities. For Man Industries, this represents a significant milestone in ensuring sustainable growth, improved financial stability, and market leadership in the pipe manufacturing sector.

The order book provides visibility for the next several quarters, giving investors and stakeholders confidence in the company’s growth trajectory. Large orders like these also reinforce the company’s position as a preferred partner for international clients seeking high-quality pipeline solutions.

Management Commentary

While the company’s official filing focused on the order details, the announcement implicitly reflects the confidence of management in sustaining growth momentum. The disclosure highlighted that the new contract is a testament to Man Industries’ expertise, innovation, and execution strength. The robust pipeline of projects suggests that the company will continue to benefit from the global demand for infrastructure, oil and gas pipeline projects, and water supply networks.

Regulatory Filing

The company made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also aligned with the latest SEBI circulars on structured business updates, ensuring transparency and timely communication to shareholders and the market.

The filing further included an Annexure-A, detailing the specifics of the order:

• Awarding Entity: International customer.

• Nature of Order: Supply of various types of coated pipes.

• Execution Timeline: 6 to 12 months.

• Order Size: Approx. ₹1700 crore.

• Geography: International.

• Promoter/Group Interest: None.

• Related Party Transaction: Not applicable.

Market Implications

Such large-scale international orders are expected to have a positive impact on the company’s financial performance in the coming quarters. Analysts may view this development as a sign of strong demand for pipeline infrastructure, especially in the oil and gas sector, where coated pipes play a crucial role in transporting hydrocarbons across long distances.

Additionally, the expansion of the company’s order book to ₹4700 crore gives long-term revenue visibility and strengthens the company’s competitive edge in the global market. For investors, this update is likely to reinforce confidence in Man Industries’ growth prospects.

Conclusion

The new ₹1700 crore export order marks another significant step forward for Man Industries (India) Limited, underscoring its technological expertise, strong international presence, and ability to execute complex projects within defined timelines. With the order book now at ₹4700 crore, the company is well-positioned to deliver sustained growth, enhance its global footprint, and reinforce investor confidence.

This development reflects the robust global demand for pipeline infrastructure and the trust placed in Indian engineering companies to deliver world-class solutions. For Man Industries, this is not just a business order—it is a reaffirmation of its leadership in the coated pipe manufacturing sector and its capability to serve international markets with excellence.

The Upcoming IPOs in this week and coming weeks are Taurian MPS, Jay Ambe Supermarkets, Krupalu Metals, Urban Company, Shringar House of Mangalsutra, Vashishtha Luxury Fashion, Karbonsteel Engineering, Sharvaya Metals, Vigor Plast India.

The Current active IPO are Austere Systems, Optivalue Tek Consulting, Goel Construction Company, Amanta Healthcare, Rachit Prints.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.