MAN INFRACONSTRUCTION LIMITED
₹106.80-₹3.95 (-3.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹4,787 Cr
- P/E
- 27.6x
- EV / EBITDA
- 16.1x
- Revenue
- ₹395 Cr
- Net margin
- 30.4%
- ROCE
- 10.6%
Price chart
Technical chartScreen technicals →-27.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.6%
- 3M
- +11.1%
- 6M
- -11.1%
- 1Y
- -27.0%
- 5Y
- +22.6%
52-week range
Day change -₹3.95 (-3.6%) from ₹111 to ₹107 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in MANINFRA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 45.9%
Concerns1
- Other income is 46.1% of PBT — a large share of earnings is non-operating
Rule-based from financial data. Not advice.
About the company
Man Infraconstruction Limited provides civil construction services in India.
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Man Infraconstruction Limited provides civil construction services in India. The company's services include port infrastructure construction of onshore container terminals and freight stations; land reclamation; soil consolidation; and provision of operational services, including firefighting, sewerage, drainage systems, etc. It is also involved in the construction of commercial and institutional projects comprising IT parks, office complexes, hotels, shopping malls, schools, hospitals, etc.; and road construction, including earthwork and paving, electrification, landscaping, widening, up-gradation, drainage, and others. In addition, the company undertake residential construction, such as high-rise buildings, townships, luxury villas, and others; and industrial projects which include factories, cold storages, warehouse facilities, heavy engineering, manufacturing and processing units, etc. Further, it engages in the real estate business; production, manufacturing, processing, trading, and dealing of building material products, including ready mix concrete, aggregate, cement, and all cement based products, etc. The company was formerly known as Man Construction Limited and changed its name to Man Infraconstruction Limited in November 2006. Man Infraconstruction Limited was incorporated in 2002 and is based in Mumbai, India.
- Sector
- Construction & Real Estate
- Shares outstanding
- 40.2 Cr shares
- ISIN
- INE949H01023
- BSE code
- 533169
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹4,787 Cr
- P/E
- 27.6x
- P/B
- 2.3x
- EV / EBITDA
- 16.1x
- EV / Sales
- 6.5x
- P/S
- 6.8x
- Earnings yield
- 3.6%
- 52-week high
- ₹148.90
- 52-week low
- ₹78.70
Profitability
- Operating margin
- 22.3%
- Net margin
- 30.4%
- EBITDA margin
- 40.0%
- ROE
- 14.5%
- ROCE
- 10.6%
- ROA
- 12.9%
- Dividend payout
- 28.0%
- Tax rate
- 21.0%
- Other income, % of PBT
- 46.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹395 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -44.2%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 45.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹283 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -27.0%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹230 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 820.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹36.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.9%
Solvency and efficiency
- Current ratio
- 9.57
- Debt / Equity
- 0.01
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.03
- Interest coverage
- 31.60
- Financial leverage
- 1.12
- CFO / Net profit
- 1.07
- Cash / Market cap
- 23.9%
- Cash per share
- ₹28.46
- Asset turnover
- 0.43
- Fixed asset turnover
- 15.39
- Capital intensity
- 0.06
- Debtor days
- 32 days
- Inventory turnover
- 91.25
- Cash conversion cycle
- -19 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹40 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹304 Cr |
| Sales | Operating profit | ₹91 Cr |
| Operating profit | Interest | ₹4 Cr |
| Operating profit | Depreciation | ₹7 Cr |
| Operating profit | Profit before tax | ₹80 Cr |
| Other income | Profit before tax | ₹123 Cr |
| Profit before tax | Tax and other | ₹45 Cr |
| Profit before tax | Net profit | ₹157 Cr |
Revenue and net profit
Revenue fell 44.2% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹120 Cr | ₹92 Cr |
| FY2022 | ₹237 Cr | ₹106 Cr |
| FY2023 | ₹798 Cr | ₹166 Cr |
| FY2024 | ₹708 Cr | ₹215 Cr |
| FY2025 | ₹395 Cr | ₹157 Cr |
Cash flows
FY2025: ₹15.0 Cr from operations, -₹46.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹23 Cr | ₹12 Cr |
| FY2022 | ₹16 Cr | ₹57 Cr |
| FY2023 | ₹25 Cr | -₹6 Cr |
| FY2024 | ₹230 Cr | ₹24 Cr |
| FY2025 | ₹15 Cr | -₹46 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹395 Cr-44.2%1Y
- Net profit
- ₹157 Cr-27.0%1Y
- Cash from operations
- ₹15 Cr
- Free cash flow
- -₹46 Cr-291.7%1Y
- Revenue CAGR, 5Y
- 45.9%
- EBITDA CAGR, 5Y
- 24.7%
- Net profit CAGR, 5Y
- 25.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹395 Cr | ₹91 Cr | — | ₹157 Cr | ₹15 Cr | -₹46 Cr | 9.5% | -44.2% | -27.0% |
Monthly returns
Month-by-month returns of MANINFRA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,769 Cr |
| Equity capital | ₹75 Cr |
| Reserves | ₹1,581 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹113 Cr |
| Assets | ₹1,769 Cr |
| Fixed assets | ₹45 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹477 Cr |
| Other assets | ₹1,248 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
MANINFRA trades at 27.6x earnings against a peer median of 55.8x (a 51% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| MAN INFRACONSTRUCTION LIMITEDMANINFRAthis companyP/E ↓ discount | ₹4,787 Cr | 27.6x | 2.3x | 14.5% | 16.1x |
| VALOR ESTATE LIMITEDDBREALTY | ₹5,887 Cr | — | 1.3x | 13.9% | 6.4x |
| Puravankara LimitedPURVA | ₹5,468 Cr | — | 3.9x | 2.0% | 22.9x |
| SMARTWORKS COWORKING SPACES LIMITEDSMARTWORKS | ₹5,428 Cr | — | 10.6x | -87.0% | 11.9x |
| TARC LIMITEDTARC | ₹5,156 Cr | — | 4.7x | 1.0% | 78.4x |
| INDIQUBE SPACES LIMITEDINDIQUBE | ₹4,313 Cr | — | 7.8x | -264.7% | 27.6x |
| J. Kumar Infraprojects LimitedJKIL | ₹4,186 Cr | 10.3x | 1.3x | 12.5% | 5.5x |
| Optiemus Infracom LimitedOPTIEMUS | ₹4,126 Cr | 179.0x | 6.4x | 5.9% | 112.3x |
| Hemisphere Properties India LimitedHEMIPROP | ₹3,891 Cr | — | 8.9x | -2.8% | -676.2x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
MANINFRA since 1 January, against earlier years.
Historical volatility
MANINFRA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 3.0% |
| FY2022 | 26.0% |
| FY2023 | 17.0% |
| FY2024 | 22.0% |
| FY2025 | 23.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹395 Cr |
| Costs | |
| Interest | ₹4 Cr |
| Expenses | ₹304 Cr |
| Operating profitOperating Profit | ₹91 Cr |
| Other income and charges | |
| Profit before tax | ₹202 Cr |
| Tax | |
| Net profitNet Profit | ₹157 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,769 Cr |
| Equity capitalEquity Capital | ₹75 Cr |
| Reserves | ₹1,581 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹113 Cr |
| AssetsTotal Assets | ₹1,769 Cr |
| Fixed assetsFixed Assets | ₹45 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹477 Cr |
| Other assetsOther Assets | ₹1,248 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹15 Cr |
| Investing cash flowCash from Investing Activity | -₹61 Cr |
| Financing cash flowCash from Financing Activity | ₹9 Cr |
| Change in cashNet Cash Flow | -₹36 Cr |
Learn while you research
Academy chapters picked for MAN INFRACONSTRUCTION LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read