Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Man Infraconstruction Limited

NSE: MANINFRAResidential, Commercial Projects

Share price

₹117.74

-3.90% close of 8 Oct 2026

Market cap ₹4,768 CrP/E 22.0

Business score

How strong the business is, in one number. The parts behind it are in Pro.

50

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,768 Cr

P/E ratio

22.0

P/B ratio

2.1

ROCE

13.2%

ROE

9.2%

Dividend yield

0.7%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹148.9552-week low ₹78.44

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Dec 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Dec 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 22.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 36.6×, across 5 companies. It is against its own five-year median of 20.0×, the 55th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Man Infraconstruction Limited — this one-11%/yr22.0×—
DLF Limited27%/yr36.6×₹1.4
Lodha Developers Limited56%/yr25.8×₹0.46
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 23 of 86 on returns, 54 of 80 on growth, 35 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13.2% on capital, ahead of 73% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1291 crore of cash from the business, spent ₹5 crore on plant and equipment, and returned ₹387 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 69 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 195 days for its cash to waiting 740 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 19.3% year on year to ₹218.3 crore, while net profit rose 8.2% to ₹62.7 crore.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹218 Cr

Revenue vs last year

+19.3%

Revenue vs last quarter

+49.5%

Net profit

₹63 Cr

Profit vs last year

+8.2%

Profit vs last quarter

+53.0%

Net margin

28.7%

EPS

₹1.77

Earnings call transcript · 21 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,768 Cr
Prev close
₹117.74
52w High
₹150
52w Low
₹77.1
Enterprise value
₹4,190 Cr
Beta
1.3
Price CAGR 1y
-16.0%
Price CAGR 3y
-7.0%
Price CAGR 5y
12.0%
Price CAGR 10y
14.0%

Ratios

Return on assets
7.6%
PEG ratio
-2.0
P/E ratio
22.0
P/B ratio
2.1
EV / EBITDA
26.0
Industry P/E
23.4
ROCE
13.2%
ROCE 5y average
26.0%
ROE
9.2%
Debt / Equity
0.0
Interest coverage
29.5
Dividend yield
0.7%
ROE 3y average
15.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹630 Cr
Annual profit
₹211 Cr
Operating margin
20.0%
Net profit margin
33.5%
EBITDA margin
20.5%
Sales growth 3y
-30.7%
Sales growth 5y
8.1%
Profit growth 3y
-11.0%
Profit growth 5y
43.0%
EPS
₹5.0
Sales growth TTM
-30.0%
Profit growth TTM
-17.0%
Dividend payout
18.0%

Quarter P&L

Sales latest quarter
₹218 Cr
Profit latest quarter
₹63 Cr
YoY quarterly sales growth
19.4%
YoY quarterly profit growth
8.6%
OPM latest quarter
32.8%

Balance Sheet

Book Value
₹56.0
Face Value
₹2.0
Total debt
₹64 Cr
Total cash
₹435 Cr
Borrowings
₹64 Cr
Reserves / Equity
27.0

Cash Flow

Operating cash flow
-₹50 Cr
Free cash flow
-₹55 Cr
FCF yield
-1.4%
Net cash flow
-₹67 Cr

Shareholding

Promoter holding
62.5%
FII holding
1.9%
DII holding
1.1%
Public holding
34.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF643.7537.01,59,3481.23793.94.11,280.3-52.96.3
Lodha Developers1,091.7026.41,09,1030.391,373.1103.44,996.743.116.4
Phoenix Mills1,808.0549.964,6700.14394.523.31,074.912.812.4
Oberoi Realty1,704.4023.461,9720.47543.529.01,300.931.717.3
Prestige Estates1,407.5553.260,6270.14271.4-19.42,675.115.910.4
Godrej Propert.1,553.1028.946,7830.64349.4-41.7506.216.57.6
Anant Raj610.3538.021,9650.16149.218.9631.46.612.1
Man Infra120.5022.44,8640.7462.728.9218.319.413.2
Median134.3924.08190.008.426.182.212.87.6

Competes with: Anant Raj Limited, DLF Limited, Godrej Properties, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, Lodha Developers Limited, NBCC (India) Limited, Oberoi Realty, Prestige Estates Projects, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales510215242297342230242294183149153146218
Expenses401151139247258203181187142112121127147
Material Cost895751554836
Change in Inventories-15-12-36-33-127-41
Purchases of Stock-in-Trade000000
Employee Cost231817182219
Other Expenses90798081184133
Operating Profit10964103508428611064137331972
OPM %21304217241225362225211333
Other Income16283142364133374546454222
Exceptional items (within Other Income)000000
Interest96712433532235
Depreciation2233222223443
Profit before tax114831237711363891368078725585
Tax %2321301625255282723282526
Net Profit87658765844784975860524163
EPS in Rs2.221.882.241.762.091.202.232.051.441.371.161.061.77
Diluted EPS in Rs2.051.461.381.161.061.77

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2752264526523712674279611,8901,2631,108630666
Expenses2451913434532712693317141,476937807502506
Material Cost231212
Change in Inventories-27-208
Purchases of Stock-in-Trade00
Employee Cost7475
Other Expenses507423
Operating Profit2935109199101-297248414326301129160
OPM %1116243127-0.8023262226272024
Other Income6633514446322620253116123179155
Exceptional items (within Other Income)00
Interest7214056545758625835151012
Depreciation12888779911108.321213
Profit before tax753911217985-3455379397397401285290
Tax %3560423950-64402127242226
Net Profit49156610943-1233299289303313211215
EPS in Rs1.280.471.431.791.13-0.190.865.836.968.097.534.975.36
Diluted EPS in Rs7.595.07
Dividend Payout %14215252075-191702213201218

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
8%
3 years
-31%
TTM
-30%

Compounded profit growth

10 years
27%
5 years
43%
3 years
-11%
TTM
-17%

Stock price CAGR

10 years
14%
5 years
12%
3 years
-7%
1 year
-16%

Return on equity

10 years
14%
5 years
19%
3 years
15%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital505050505050507474747581
Reserves5885526056396446206257851,0151,3891,6882,186
Borrowings1582833054374504055065572061313664
Other Liabilities148139239226202224275300486560378443
Minority Interest8147
Total Liabilities9431,0241,1981,3511,3471,2981,4561,7161,7812,1542,1772,773
Fixed Assets433740348381596061534961
CWIP1251301301301320120000
Investments12011516897242263150113277272530
Other Assets6557428611,0901,1081,1951,3331,5041,6071,8241,8562,182
Total Assets9431,0241,1981,3511,3471,2981,4561,7161,7812,1542,1772,778

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-45-16994-169168878187448573133-50
Cash from Investing Activity5063-598711983-8428-102-397-115-323
Cash from Financing Activity6118-1744-129-13720-91-458-28-116306
Net Cash Flow111218-3963414123-111148-98-67
Free Cash Flow-77-179131-170-493107191441579130-55

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1821997754132112894864422941
Inventory Days9151,3981,4895,3442,2111,545837186743950
Days Payable25234024139625730119597181141
Cash Conversion Cycle8451991,1341,3025,0812,0661,33469015360483841
Working Capital Days37743319122441371335919594194350740
ROCE %871521122103332282413

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters676767676767676562626263
FIIs3.723.503.553.573.714.563.814.285.213.923.801.92
DIIs2.102.092.102.091.692.152.162.122.032.031.931.13
Public272727272727272830323234
No. of Shareholders74,56978,87487,45896,7111,08,1991,00,98399,60194,50492,48990,67887,24287,961

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -18.6% (₹144.57 → ₹117.74)Brick size ₹4.07 (fixed)Bricks 55
₹80.00₹100₹140₹118Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹117.74 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-578inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,32,19,995inr

2026-03-31

News

News and filings about Man Infraconstruction Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE949H01023

Business segments

  • Real Estate · 52%
  • EPC (Engineering, Procurement and Contacting) · 48%

Plants

  • Starcrete LLP building-materials / RMC facility

News impact

Big market events that reach Man Infraconstruction Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

19 May 2026interim₹0.72
18 Nov 2025interim₹0.45
27 May 2025interim₹0.45
12 Feb 2025interim₹0.45
19 Aug 2024interim₹0.45
15 Feb 2024interim₹0.54
17 Nov 2023interim₹0.36
10 Aug 2023interim₹0.36

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.