21st Century Management Services · tone and specificity signals across the available quarters.
Language signals
We are pleased to report the highest ever quarterly EBITDA and PAT margin in the company's history reflecting our sustained focus on product mix optimization, strong operational discipline and effective cost management.
We would be able to achieve more than 50-55% growth. On a conservative level, 30-35% growth is realistic but our internal goal is at 50-55% which our budgets and everything is set at.
This opportunity with Aramco... there is an optic agreement which would be in place once the plant is up early approvals and a preference of being the local player to get more business.
FY26 in my view has been the most consequential year in Man Industries' history. Not simply because of the financial numbers we deliver but because of what those numbers represent. This was the year we achieved our highest ever standalone and consolidated EBITDA and PAT margins simultaneously.
NPC is being acquired at 1.5x EV/EBITDA, a fraction of the Saudi listed peers' multiples of 7 to 10 times. The transaction is EPS accretive from day one. We acquired NPC because their previous owners wanted to exit their core business, and due to our old relationship, we managed to pull this deal through.
The advantage of the acquisition definitely adds up to the immediate business from day one. Saudi itself is a higher margin country. Currently between 15 to 20% EBITDA margins are ongoing due to the demand-supply shortfall. We are looking at constant 13 to 15% EBITDA going forward in the company.