This multibagger stock has surged 99% in a year, shares jump 10% intraday on Rs 4,700 crore order win

Shares of small-cap firm Man Industries jumped over 9.5 per cent to Rs 426.55 in Wednesday’s trade following the announcement of a major new export order worth around Rs 1,700 crore. The order involves supply of coated pipes, with deliveries scheduled over the next 6 to 12 months.

Man Industries Business

With this order, Man Industries’ pending order book now stands at approximately Rs 4,700 crore, highlighting sustained customer confidence and a positive business outlook.

In an exchange filing, the company said, “We are pleased to inform you that the company has received a new export order for approx. Rs 1,700 crore. This order is expected to be delivered during the next 6 to 12 months.”

Stock performance: Multibagger returns despite recent dip

While the stock has fallen 8.39 per cent recently, it has surged nearly 99 per cent over the past six months and delivered a massive 586% gain in five years, establishing itself as a multibagger.

Q1 FY26 results show strong profit growth

Man Industries reported a 45.2 per cent rise in net profit to Rs 27.6 crore for Q1 FY26, compared to Rs 19 crore in the same period last year. Revenue, however, slipped slightly by 0.9% to Rs 742.1 crore.

The company’s EBITDA rose 28.2 per cent to Rs 49.4 crore, with margins improving to 6.6 per cent from 5.1 per cent year-on-year.

Outlook for FY26 growth

The company reaffirmed its revenue growth target of approximately 20% for FY26, backed by a strong production pipeline and steady order inflows expected to drive capacity utilisation in the second half of the year.