Man Industries :Strategic High Value added portfolio to enhance financial margins

 Man Industries :Strategic High Value added portfolio to enhance financial margins



  • Man Industries (India) Ltd incorporated in the year 1988. The main business line includes manufacturing & coating of Large Diameter Carbon steel pipes, and ERW tubes.
  • Man Industries caters to International clients in the oil & gas industry, petrochemicals, water, dredging & fertilizers. The company has positioned itself to bid for almost all pipe projects across the globe   
  • Strategic High Value added portfolio to enhance financial margins  
  • Rationale: Green Field In Jammu 
  • SS SEAMLESS TUBES
  • To grab the Govt incentives in Jammu
  • 3x of investment in Plant & Machineries would be paid back in 10 years tenure in form of GST credit
  • 6% subsidy on interest cost
  • Tax rate of 15%
  • Higher operating margin of 20-25% is expected
  • Lower Electricity Cost which is the key cost driver in any SS industry  
  •   Strategic Expansion (Line Pipe & Coating Mill in SAUDI)
  • • Higher infra push and new cities would require higher demand of Water transportation and larger dia pipes for structural applications as well • To achieve higher productivity on massive O&G demand • Higher Capacity Utilization • To stabilize and protect the margins with enhanced financials • Asset light model • Special incentives/ tax rate for local manufacturers • Horizontal integration would address the additional customer base   

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