Man Industries (India) Ltd has secured new domestic and international pipe orders worth approximately ₹600 crore, taking its unexecuted order book to around ₹4,100 crore, the company said in an exchange filing on September 10.
The orders, received from domestic and international customers, cover the supply of various types of pipes and are expected to be executed over the next six to nine months.
The company said the new wins reflect a robust business environment and customer confidence in its technological and execution capabilities.
With the latest additions, Man Industries’ unexecuted order book stands at approximately ₹4,100 crore. The fresh orders therefore represent nearly 15% of the company’s current unexecuted order book, providing additional revenue visibility over the coming quarters.
The company did not disclose the names of the customers or provide a further breakup between domestic and international orders.
Man Industries is engaged in the manufacturing of large-diameter line pipes and other specialised pipes for sectors including oil and gas, water, infrastructure and energy. The latest orders are expected to support its manufacturing and execution pipeline as demand for pipeline infrastructure remains a key driver for the business