{"id":298506,"date":"2026-10-09T13:06:43","date_gmt":"2026-10-09T07:36:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=298506"},"modified":"2026-10-09T13:06:43","modified_gmt":"2026-10-09T07:36:43","slug":"man-industries-india-share-price-prediction-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/","title":{"rendered":"Man Industries (India) Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>CMP Rs 864.20 (9 Oct 2026). 52W range Rs 302.05 to Rs 1,039.70. PE 31.46. 2027 base Rs 905, bull Rs 928.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Man Industries (India) share price forecast for 2027 centres on a conservative case of Rs 882, a base case of Rs 905 and a bull case of Rs 928, against a current price of Rs 864.20. These targets scale today&#8217;s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 4.7% upside from today&#8217;s price. The daily technical setup reads mildly bullish.<\/p>\n<\/p><\/div>\n<p>Man Industries (India) share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 864.20 on NSE as of 9 October 2026, 16.9% below its 52-week high of Rs 1,039.70, after the company reported net profit of Rs 170.49 crore for FY26.<\/p>\n<p>This Man Industries (India) stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=share-price-prediction-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Man_Industries_India_Share_Price_Today_and_Key_Data\" title=\"Man Industries (India) Share Price Today and Key Data\">Man Industries (India) Share Price Today and Key Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#What_Is_the_Man_Industries_India_Share_Price_Prediction_for_2027\" title=\"What Is the Man Industries (India) Share Price Prediction for 2027?\">What Is the Man Industries (India) Share Price Prediction for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Man_Industries_India_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\" title=\"Man Industries (India) Share Price Forecast: What Has to Go Right by 2027\">Man Industries (India) Share Price Forecast: What Has to Go Right by 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Conservative_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_882\" title=\"Conservative Case for the Man Industries (India) Share Price Target: Rs 882\">Conservative Case for the Man Industries (India) Share Price Target: Rs 882<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Base_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_905\" title=\"Base Case for the Man Industries (India) Share Price Target: Rs 905\">Base Case for the Man Industries (India) Share Price Target: Rs 905<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Bull_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_928\" title=\"Bull Case for the Man Industries (India) Share Price Target: Rs 928\">Bull Case for the Man Industries (India) Share Price Target: Rs 928<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Man_Industries_India_Financial_Performance_Revenue_Profit_and_Margins\" title=\"Man Industries (India) Financial Performance: Revenue, Profit and Margins\">Man Industries (India) Financial Performance: Revenue, Profit and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Is_Man_Industries_India_Overvalued_or_Undervalued_Right_Now\" title=\"Is Man Industries (India) Overvalued or Undervalued Right Now?\">Is Man Industries (India) Overvalued or Undervalued Right Now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Man_Industries_India_Stock_Analysis_Technical_Outlook\" title=\"Man Industries (India) Stock Analysis: Technical Outlook\">Man Industries (India) Stock Analysis: Technical Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Man_Industries_India_Shareholding_Pattern\" title=\"Man Industries (India) Shareholding Pattern\">Man Industries (India) Shareholding Pattern<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Key_Risks_to_the_Man_Industries_India_Share_Price_Target_for_2027\" title=\"Key Risks to the Man Industries (India) Share Price Target for 2027\">Key Risks to the Man Industries (India) Share Price Target for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Earnings_and_Margin_Risk\" title=\"Earnings and Margin Risk\">Earnings and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Valuation_Risk\" title=\"Valuation Risk\">Valuation Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Size_and_Liquidity_Risk\" title=\"Size and Liquidity Risk\">Size and Liquidity Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Balance_Sheet_Risk\" title=\"Balance Sheet Risk\">Balance Sheet Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Frequently_Asked_Questions_on_Man_Industries_India_Share_Price_Prediction_2027\" title=\"Frequently Asked Questions on Man Industries (India) Share Price Prediction 2027\">Frequently Asked Questions on Man Industries (India) Share Price Prediction 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#What_is_the_Man_Industries_India_share_price_target_for_2027\" title=\"What is the Man Industries (India) share price target for 2027?\">What is the Man Industries (India) share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#What_is_the_Man_Industries_India_share_price_today\" title=\"What is the Man Industries (India) share price today?\">What is the Man Industries (India) share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Is_Man_Industries_India_a_good_stock_to_buy_for_2027\" title=\"Is Man Industries (India) a good stock to buy for 2027?\">Is Man Industries (India) a good stock to buy for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#Can_Man_Industries_India_stock_reach_Rs_928_in_2027\" title=\"Can Man Industries (India) stock reach Rs 928 in 2027?\">Can Man Industries (India) stock reach Rs 928 in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#What_are_the_support_and_resistance_levels_for_Man_Industries_India\" title=\"What are the support and resistance levels for Man Industries (India)?\">What are the support and resistance levels for Man Industries (India)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#What_are_the_main_risks_for_Man_Industries_India_stock_in_2027\" title=\"What are the main risks for Man Industries (India) stock in 2027?\">What are the main risks for Man Industries (India) stock in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/man-industries-india-share-price-prediction-2027\/#How_is_the_Man_Industries_India_target_price_for_2027_calculated\" title=\"How is the Man Industries (India) target price for 2027 calculated?\">How is the Man Industries (India) target price for 2027 calculated?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Man_Industries_India_Share_Price_Today_and_Key_Data\"><\/span><strong>Man Industries (India) Share Price Today and Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Man Industries (India) share price today is Rs 864.20 on NSE, up 0.74% on the day. The market capitalisation stands at Rs 6,427 crore. Over the past year the price has risen 134.1% from Rs 369.10. Every Man Industries (India) stock forecast figure below starts from this price.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Metric<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Company<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Man Industries (India) (MANINDS)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Current Price<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 864.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week High<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 1,039.70 (25 September 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week Low<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 302.05 (2 February 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Market Cap<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 6,427 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PE Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">31.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Industry PE<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">22.91<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PB Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 27.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Return on Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">8.17%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.30<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Book Value per Share<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 276.84<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Man_Industries_India_Share_Price_Prediction_for_2027\"><\/span><strong>What Is the Man Industries (India) Share Price Prediction for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Man Industries (India) share price prediction for 2027 is a conservative case of Rs 882, a base case of Rs 905 and a bull case of Rs 928. Against Rs 864.20, these imply 2.1% upside, 4.7% upside and 7.4% upside. They are model scenarios built from reported EPS growth, not broker targets.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Scenario<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Growth Basis<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Estimate<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">PE Multiple<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Implied Value<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Upside vs Current Price<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Conservative Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Lower of FY26 growth (2.1%) and 4-year CAGR (7.3%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 27.81 (+2.1%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 882<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+2.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Base Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Average of the two<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 28.53 (+4.7%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 905<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+4.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bull Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Higher of the two<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 29.24 (+7.3%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 928<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+7.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Each target takes today&#8217;s price of Rs 864.20 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Man Industries (India) target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Man_Industries_India_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\"><\/span><strong>Man Industries (India) Share Price Forecast: What Has to Go Right by 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Each Man Industries (India) target price below depends on a specific EPS outcome, and the text states that outcome next to the number.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conservative_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_882\"><\/span><strong>Conservative Case for the Man Industries (India) Share Price Target: Rs 882<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 882 needs EPS to rise 2.1% to Rs 27.81 while the stock keeps its current PE multiple. That matches the FY26 EPS growth of 2.1%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Base_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_905\"><\/span><strong>Base Case for the Man Industries (India) Share Price Target: Rs 905<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 905 needs EPS to rise 4.7% to Rs 28.53, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 122.4% in Q1 FY27 is at or above that pace, which supports the target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_for_the_Man_Industries_India_Share_Price_Target_Rs_928\"><\/span><strong>Bull Case for the Man Industries (India) Share Price Target: Rs 928<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 928 needs EPS to rise 7.3% to Rs 29.24 with the PE multiple held at today&#8217;s level. That sits inside the 52-week range of Rs 302.05 to Rs 1,039.70. A daily close above the nearest resistance level of Rs 1,039.70 (52-week high) would be the first technical confirmation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Man_Industries_India_Financial_Performance_Revenue_Profit_and_Margins\"><\/span><strong>Man Industries (India) Financial Performance: Revenue, Profit and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Man Industries (India) earned net profit of Rs 170.49 crore on revenue of Rs 3,592.48 crore in FY26, with profit up 11.3% and revenue up 1.0% compared with FY25. Diluted EPS was Rs 23.26 against Rs 22.78 a year earlier, and that earnings base anchors the Man Industries (India) share price forecast.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Year<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS (Rs)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Operating Margin<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY22<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">2,175.72<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">101.58<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">17.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">10.18%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.67%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY23<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">2,270.36<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">67.04<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">11.17<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">7.37%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">2.95%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY24<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3,194.23<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">105.14<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">16.73<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">9.33%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3.29%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3,557.17<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">153.17<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">22.78<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">10.16%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.31%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY26<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3,592.48<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">170.49<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">23.26<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">13.13%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">4.75%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 1,064.96 crore against Rs 773.62 crore a year earlier (+37.7%), and the bottom line was a net profit of Rs 61.43 crore against a net profit of Rs 27.62 crore (+122.4%). Operating margin was 14.74% versus 10.86% in the year-ago quarter. Cash flow from operations was Rs 472.22 crore in FY26 against Rs 73.09 crore in FY25. Together these figures set the earnings base for the Man Industries (India) share price prediction.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live Man Industries (India) fundamentals<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Man_Industries_India_Overvalued_or_Undervalued_Right_Now\"><\/span><strong>Is Man Industries (India) Overvalued or Undervalued Right Now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Man Industries (India) trades at a PE of 31.46 against an industry PE of 22.91, which places the stock at a 37.3% premium to the industry average. The price-to-book ratio is 3.10 on a book value of Rs 276.84 per share. Return on equity of 8.17% means the company earns Rs 8.17 of profit for every Rs 100 of shareholder equity.<\/p>\n<p>Debt to equity is 0.30, so borrowings equal about 30% of shareholder equity. No dividend was declared for FY26. This valuation context frames the Man Industries (India) stock price prediction for 2027 without relying on any outside forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Man_Industries_India_Stock_Analysis_Technical_Outlook\"><\/span><strong>Man Industries (India) Stock Analysis: Technical Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Man Industries (India) stock trades above its 50-day SMA of Rs 756.15 and above its 200-day EMA of Rs 590.27, and the combined daily indicators read mildly bullish. The 52-week high of Rs 1,039.70 was set on 25 September 2026, while the 52-week low of Rs 302.05 came on 2 February 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Indicator<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Reading<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">RSI (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">51.29<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">MACD (12,26,9)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">36.51 vs signal 52.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bearish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">ADX (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">39.31<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Established trend<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Supertrend (10,3)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above Rs 804.82<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bullish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">50-day SMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 756.15<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">200-day EMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 590.27<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The nearest support level sits at Rs 804.82 (Supertrend) and Rs 756.15 (50-day SMA). The nearest resistance level sits at Rs 1,039.70 (52-week high). A sustained move above the nearest resistance would support the Man Industries (India) share price prediction 2027 base case, and this Man Industries (India) stock analysis uses daily candles only. Chart signals add context to the Man Industries (India) share price target without changing the earnings maths.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Man_Industries_India_Shareholding_Pattern\"><\/span><strong>Man Industries (India) Shareholding Pattern<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Promoters hold 43.21% of Man Industries (India) as of Jun 2026, unchanged across the last 5 quarters. FII holding is 2.87% (up from 1.85% in Jul 2025) and DII holding is 1.43% (up from 0.04% in Jul 2025), which puts combined institutional holding at 4.30%. Public shareholders own 52.49%. Shareholding data is one input for any Man Industries (India) stock forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Man_Industries_India_Share_Price_Target_for_2027\"><\/span><strong>Key Risks to the Man Industries (India) Share Price Target for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_and_Margin_Risk\"><\/span><strong>Earnings and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Operating margin has ranged from 7.37% to 13.13% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Man Industries (India) stock forecast. Revenue was up 1.0% in FY26, and slower revenue growth would weigh on the profit path.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Risk\"><\/span><strong>Valuation Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The PE of 31.46 is 37.3% above the industry PE of 22.91. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Size_and_Liquidity_Risk\"><\/span><strong>Size and Liquidity Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Market capitalisation stands at Rs 6,427 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Man Industries (India) stock price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_Risk\"><\/span><strong>Balance Sheet Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity of 0.30 means borrowings stand at about 30% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Man Industries (India) share price forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This Man Industries (India) stock analysis puts the share price target range for 2027 at Rs 882 to Rs 928, with a base case of Rs 905 against Rs 864.20 today. The inputs are a PE of 31.46 that sits at a 37.3% premium to the industry average, EPS growth of 2.1% in FY26 and a daily technical setup that reads mildly bullish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Man Industries (India) live price and get daily stock recommendations.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Man_Industries_India_Share_Price_Prediction_2027\"><\/span><strong>Frequently Asked Questions on Man Industries (India) Share Price Prediction 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Man_Industries_India_share_price_target_for_2027\"><\/span><strong>What is the Man Industries (India) share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Man Industries (India) share price forecast for 2027 has a conservative case of Rs 882, a base case of Rs 905 and a bull case of Rs 928. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Man_Industries_India_share_price_today\"><\/span><strong>What is the Man Industries (India) share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Man Industries (India) trades at Rs 864.20 on NSE as of 9 October 2026, up 0.74% on the day. The 52-week range is Rs 302.05 to Rs 1,039.70.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Man_Industries_India_a_good_stock_to_buy_for_2027\"><\/span><strong>Is Man Industries (India) a good stock to buy for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data points in different directions: the PE of 31.46 is at a 37.3% premium to the industry average, EPS grew 2.1% in FY26 and the daily technical setup reads mildly bullish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Man_Industries_India_stock_reach_Rs_928_in_2027\"><\/span><strong>Can Man Industries (India) stock reach Rs 928 in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reaching Rs 928 needs EPS to rise 7.3% from Rs 27.24 with the PE multiple held at today&#8217;s level, plus a daily close above Rs 1,039.70 (52-week high). This is a scenario, not a guarantee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_support_and_resistance_levels_for_Man_Industries_India\"><\/span><strong>What are the support and resistance levels for Man Industries (India)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The nearest support levels are Rs 804.82 (Supertrend) and Rs 756.15 (50-day SMA), and the nearest resistance levels are Rs 1,039.70 (52-week high).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_for_Man_Industries_India_stock_in_2027\"><\/span><strong>What are the main risks for Man Industries (India) stock in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks to the Man Industries (India) share price forecast are a fall in operating margin from the 7.37% to 13.13% range seen since FY22, slower revenue growth after FY26 revenue was up 1.0%, and thin trading volumes. Debt to equity of 0.30 adds balance sheet sensitivity.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_Man_Industries_India_target_price_for_2027_calculated\"><\/span><strong>How is the Man Industries (India) target price for 2027 calculated?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 2.1% growth, the base case 4.7% and the bull case 7.3%, all drawn from the company&#8217;s reported FY26 and 4-year EPS growth.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Man Industries (India) share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Man Industries (India) share price forecast for 2027 has a conservative case of Rs 882, a base case of Rs 905 and a bull case of Rs 928. 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The conservative case uses 2.1% growth, the base case 4.7% and the bull case 7.3%, all drawn from the company's reported FY26 and 4-year EPS growth.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Man Industries (India) share price prediction 2027: base case Rs 905, bull case Rs 928 and a conservative case of Rs 882, built from reported EPS growth, valuation, technical levels and shareholding data.<\/p>\n","protected":false},"author":28,"featured_media":298505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5244,1019],"class_list":["post-298506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-steel-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["298505"],"rank_math_title":["Man Industries (India) Share Price Prediction 2027"],"rank_math_description":["Man Industries (India) share price prediction 2027: conservative Rs 882, base Rs 905, bull Rs 928 vs current Rs 864. 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