Skip to main content
Swing Capital

Man Infraconstruction Ltd

NSE: MANINFRA BSE: 533169Infra

Man Infraconstruction Limited (MICL) is an integrated EPC (Engineering, Procurement & Construction) company with experience and execution capabilities in Port, Residential, Commercial & Industrial and Road construction segments. [1]

₹119
52W: ₹77.1 — ₹192
PE 31.1 · Book ₹52 · +129% vs book
Market Cap₹4,814 Cr
Stock P/E31.1Price to Earnings
ROCE10.9%Return on Capital
ROE8.24%Return on Equity
Div. Yield0.76%Face Value ₹2

Strengths

  • +Company is almost debt free.
  • +Company has been maintaining a healthy dividend payout of 22.8%

Weaknesses

  • −Company has a low return on equity of 11.0% over last 3 years.
  • −Earnings include an other income of Rs.152 Cr.
  • −Promoter holding has decreased over last 3 years: -4.66%
  • −Working capital days have increased from 785 days to 1,285 days

Shareholding Pattern

Promoters62.46%
FIIs3.8%
DIIs1.93%
Public31.79%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters67.31%67.18%▼0.166.62%▼0.666.65%▲0.065.1%▼1.662.29%▼2.862.43%▲0.162.46%▲0.0
FIIs3.57%3.71%▲0.14.56%▲0.83.81%▼0.74.28%▲0.55.21%▲0.93.92%▼1.33.8%▼0.1
DIIs2.09%1.69%▼0.42.15%▲0.52.16%▲0.02.12%▼0.02.03%▼0.12.03%1.93%▼0.1
Public27.04%27.4%▲0.426.66%▼0.727.37%▲0.728.49%▲1.130.47%▲2.031.61%▲1.131.79%▲0.2

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales111121108718613199586465
Expenses9311270576611073475251
Operating Profit1993714202127111113
OPM %17%8%35%20%23%16%27%19%18%21%
Net Profit21723830433961303033
EPS ₹0.561.941.030.81.151.041.580.750.750.83

AI Insights

Revenue Trend

Mar 2026 revenue at ₹286Cr, down 27.6% YoY. OPM at 22%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 1.93% (+0.26pp change). FIIs: 3.8% (+1.41pp change). Promoters hold 62.46%.

Margin & Efficiency

ROCE improving from 9% (Mar 2015) to 11% (Mar 2026). Working capital days: 1285.

Valuation

PE 31.1x with 10.9% ROCE. Price is 129% above book value of ₹52. Dividend yield: 0.76%.

Recent Announcements