Man Industries (India) Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

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.

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.

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Man Industries (India) Share Price Today and Key Data

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.

Metric	Value
Company	Man Industries (India) (MANINDS)
Current Price	Rs 864.20
52-Week High	Rs 1,039.70 (25 September 2026)
52-Week Low	Rs 302.05 (2 February 2026)
Market Cap	Rs 6,427 crore
PE Ratio	31.46
Industry PE	22.91
PB Ratio	3.10
EPS (TTM)	Rs 27.24
Return on Equity	8.17%
Debt to Equity	0.30
Dividend Yield	0.00%
Book Value per Share	Rs 276.84

What Is the Man Industries (India) Share Price Prediction for 2027?

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.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (2.1%) and 4-year CAGR (7.3%)	Rs 27.81 (+2.1%)	Unchanged from today (price to EPS ratio kept constant)	Rs 882	+2.1%
Base Case	Average of the two	Rs 28.53 (+4.7%)	Unchanged from today (price to EPS ratio kept constant)	Rs 905	+4.7%
Bull Case	Higher of the two	Rs 29.24 (+7.3%)	Unchanged from today (price to EPS ratio kept constant)	Rs 928	+7.4%

Each target takes today'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.

Man Industries (India) Share Price Forecast: What Has to Go Right by 2027

Each Man Industries (India) target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the Man Industries (India) Share Price Target: Rs 882

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%.

Base Case for the Man Industries (India) Share Price Target: Rs 905

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.

Bull Case for the Man Industries (India) Share Price Target: Rs 928

Reaching Rs 928 needs EPS to rise 7.3% to Rs 29.24 with the PE multiple held at today'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.

Man Industries (India) Financial Performance: Revenue, Profit and Margins

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.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	2,175.72	101.58	17.52	10.18%	4.67%
FY23	2,270.36	67.04	11.17	7.37%	2.95%
FY24	3,194.23	105.14	16.73	9.33%	3.29%
FY25	3,557.17	153.17	22.78	10.16%	4.31%
FY26	3,592.48	170.49	23.26	13.13%	4.75%

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.

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Is Man Industries (India) Overvalued or Undervalued Right Now?

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.

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.

Man Industries (India) Stock Analysis: Technical Outlook

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.

Indicator	Reading	Signal
RSI (14)	51.29	Neutral
MACD (12,26,9)	36.51 vs signal 52.52	Bearish
ADX (14)	39.31	Established trend
Supertrend (10,3)	Price above Rs 804.82	Bullish
50-day SMA	Rs 756.15	Price above
200-day EMA	Rs 590.27	Price above

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.

Man Industries (India) Shareholding Pattern

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.

Key Risks to the Man Industries (India) Share Price Target for 2027

Earnings and Margin Risk

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.

Valuation Risk

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.

Size and Liquidity Risk

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.

Balance Sheet Risk

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.

Conclusion

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.

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Frequently Asked Questions on Man Industries (India) Share Price Prediction 2027

What is the Man Industries (India) share price target for 2027?

Ans. 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.

What is the Man Industries (India) share price today?

Ans. 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.

Is Man Industries (India) a good stock to buy for 2027?

Ans. 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.

Can Man Industries (India) stock reach Rs 928 in 2027?

Ans. Reaching Rs 928 needs EPS to rise 7.3% from Rs 27.24 with the PE multiple held at today's level, plus a daily close above Rs 1,039.70 (52-week high). This is a scenario, not a guarantee.

What are the support and resistance levels for Man Industries (India)?

Ans. 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).

What are the main risks for Man Industries (India) stock in 2027?

Ans. 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.

How is the Man Industries (India) target price for 2027 calculated?

Ans. 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's reported FY26 and 4-year EPS growth.