About Man Infraconstruction Limited
Data last updated: 25 September 2026
Man Infraconstruction Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 16 August 2002, the company has been in operation for over 24 years.
Registered with ROC Mumbai under CIN L70200MH2002PLC136849. Listed on BSE: 533169 and NSE: MANINFRA.
Capital: an authorised share capital of ₹198.5 Cr and a paid-up capital of ₹80.73 Cr. Formerly known as Man Construction Private Limited and Man Construction Limited. It is led by directors including Manan Parag Shah and Ashok Manharlal Mehta.
Last AGM: 13 August 2025. Financial statements filed for year ended 31 March 2024. Office: 12Th Floor Krushal Commercial Complex Above Shoppers Stop G.M Road Chembur, Mumbai, Maharashtra, India – 400089.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹630.46 Cr, a decline of 43.1% compared to the previous year. The net worth stands at ₹2,266.43 Cr (up 28.52% YoY). Total assets are valued at ₹2,393.03 Cr (up 26.27% YoY).
The company has a workforce of approximately 273 employees as per the latest available data. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand - Man Infraconstruction. As per MCA filings, the company has open charges of ₹474.5 Cr and satisfied charges of ₹501.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miclgroup.in.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered Address12Th Floor Krushal Commercial Complex Above Shoppers Stop G.M Road Chembur, Mumbai, Maharashtra, India – 400089
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Man Infraconstruction Limited
Man Infraconstruction Limited has undergone 2 name changes throughout its history. The company was previously known as Man Construction Private Limited, and Man Construction Limited. The current legal name is Man Infraconstruction Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Man Infraconstruction Limited | Current |
| Man Construction Private Limited | Previous |
| Man Construction Limited | Previous |
CIN History of Man Infraconstruction Limited
Man Infraconstruction Limited has one previous CIN (Corporate Identification Number): U70200MH2002PLC136849. The current CIN is L70200MH2002PLC136849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70200MH2002PLC136849 | Current |
| U70200MH2002PLC136849 | Previous |
Associated Brands with Man Infraconstruction Limited
Man Infraconstruction Limited operates one associated brand: Man Infraconstruction. These brands represent Man Infraconstruction Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential, commercial, and infrastructure projects are developed in India. | maninfra.com |
Competitors & Alternatives of Man Infraconstruction Limited
Brands and companies operating in the same space as Man Infraconstruction Limited include Godrej Properties, Marcus& Millichap, Vingroup and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
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Real Estate Investment trust providing investment brokerage services. | Reno, United States, United States | 1971 |
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
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Residential and commercial properties are developed across the United States. | Dallas, United States, United States | 2010 |
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
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Real estate properties are developed and managed in Hong Kong. | Hong Kong, China, China | 1997 |
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
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Provider of construction management services | Vienna, Austria, Austria | 1835 |
Business Activity of Man Infraconstruction Limited
Man Infraconstruction Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Man Infraconstruction Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Man Infraconstruction Limited
Man Infraconstruction Limited is audited by G. M. Kapadia & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. M. Kapadia & Co. | Locked | Locked | Locked |
Complete auditor history for Man Infraconstruction Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Man Infraconstruction Limited
Man Infraconstruction Limited currently reports 6 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manan Parag Shah
Also directs:
Man Infraconstruction Limited, Man Aaradhya Infraconstruction Llp, Man Realtors And Holdings Private Limited and 5 more
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Managing Director | 29 May 2014 | 12 Years 3 Months | Current |
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Ashok Manharlal Mehta
Also directs:
Man Infraconstruction Limited, Man Aaradhya Infraconstruction Llp, Man Realtors And Holdings Private Limited and 1 more
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Whole-Time Director | 11 Sep 2019 | 7 Years 0 Months | Current |
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Parag Kishorchandra Shah
Also directs:
Man Infraconstruction Limited
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Director | 01 Apr 2012 | 14 Years 5 Months | Current |
| Kavita Bhaskar Upadhyay | Director | 13 Feb 2019 | 7 Years 7 Months | Current |
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Berjis Minoo Desai
Also directs:
Man Infraconstruction Limited, Berjis Desai Capital Advisor Llp, Jupiter Metaverse Llp and 5 more
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Director | 28 May 2012 | 14 Years 3 Months | Current |
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Durgesh Suhas Dingankar
Also directs:
Man Infraconstruction Limited
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Company Secretary | 03 Dec 2007 | 18 Years 9 Months | Current |
Financials of Man Infraconstruction Limited FY 2025-26 filings available
Man Infraconstruction Limited reported revenue of ₹630.46 Cr (down 43.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 630 | 1,108 | 1,263 | 1,890 | 961 | 427 | 267 |
| Revenue growth | -37.9% | -13.8% | -36.5% | +106.8% | +116.0% | +22.7% | -0.5% |
| EBITDA | 129 | 301 | 326 | 414 | 248 | 96.62 | (2.35) |
| EBITDA margin | +20.5% | +27.1% | +25.8% | +21.9% | +25.7% | +22.6% | -0.9% |
| Profit before tax | 285 | 401 | 397 | 397 | 379 | 55.12 | (34.38) |
| Net profit | 184 | 282 | 291 | 257 | 215 | 30.66 | (7.02) |
| Net profit margin | +29.2% | +25.5% | +23.1% | +13.6% | +22.3% | +7.2% | -2.6% |
| EPS (₹) | 4.97 | 7.53 | 8.09 | 6.96 | 5.83 | 1.29 | (0.29) |
| Balance sheet | |||||||
| Total assets | 2,393 | 1,895 | 1,670 | 1,367 | 1,499 | 1,206 | 1,098 |
| Net worth | 2,266 | 1,763 | 1,463 | 1,089 | 860 | 688 | 682 |
| Total debt | 63.98 | 35.60 | 131 | 206 | 557 | 493 | 393 |
| Cash & bank | 435 | 423 | 549 | 298 | 360 | 213 | 141 |
| Net working capital | 1,756 | 1,520 | 1,288 | 980 | 1,055 | 815 | 663 |
| Cash flow | |||||||
| Cash from operations | (49.70) | 133 | 573 | 448 | 187 | 78.30 | 88.06 |
| Cash from investing | (323) | (115) | (397) | (102) | 27.60 | (84.21) | 82.88 |
| Cash from financing | 306 | (116) | (27.86) | (458) | (82.20) | 20.01 | (137) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 218 | 146 | 153 | 149 | 183 | 294 | 242 | 230 |
| Revenue growth (YoY) | +19.4% | -50.5% | -36.7% | -35.4% | -46.5% | -1.0% | +0.2% | +7.0% |
| Other income | 21.54 | 42.49 | 45.10 | 46.24 | 44.81 | 36.55 | 32.67 | 40.53 |
| EBITDA | 71.52 | 18.93 | 32.77 | 36.58 | 40.60 | 106 | 60.90 | 27.57 |
| EBITDA margin | +32.8% | +13.0% | +21.4% | +24.6% | +22.2% | +36.2% | +25.1% | +12.0% |
| Depreciation | 3.12 | 3.56 | 3.52 | 2.93 | 2.39 | 2.33 | 2.10 | 2.00 |
| Interest | 5.31 | 3.07 | 2.22 | 1.83 | 3.06 | 5.16 | 2.56 | 3.09 |
| Profit before tax | 84.63 | 54.79 | 72.13 | 78.06 | 79.96 | 136 | 88.91 | 63.01 |
| Tax | 21.88 | 13.76 | 20.50 | 18.05 | 21.63 | 38.39 | 4.88 | 15.75 |
| Net profit | 62.75 | 41.03 | 51.63 | 60.01 | 58.33 | 97.15 | 84.03 | 47.26 |
| EPS (₹) | 1.77 | 1.06 | 1.16 | 1.38 | 1.46 | 2.05 | 2.18 | 1.18 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 286 | 395 | 708 | 798 | 237 | 120 | 107 |
| Revenue growth | -26.6% | -44.7% | -16.8% | +276.6% | +51.5% | +6.6% | -13.4% |
| EBITDA | 62.54 | 90.77 | 158 | 137 | 61.12 | 3.76 | (1.75) |
| EBITDA margin | +21.9% | +23.0% | +22.3% | +17.2% | +25.8% | +3.1% | -1.6% |
| Profit before tax | 201 | 203 | 271 | 209 | 131 | 110 | 88.58 |
| Net profit | 150 | 156 | 214 | 165 | 105 | 91.72 | 68.79 |
| Net profit margin | +52.4% | +39.5% | +30.3% | +20.7% | +44.3% | +76.7% | +64.3% |
| EPS (₹) | 3.84 | 4.18 | 5.80 | 4.47 | 2.85 | 3.73 | 2.78 |
| Balance sheet | |||||||
| Total assets | 2,105 | 1,662 | 1,506 | 1,154 | 1,009 | 933 | 863 |
| Net worth | 2,101 | 1,656 | 1,486 | 1,136 | 1,004 | 931 | 861 |
| Total debt | 0.00 | 0.00 | 8.56 | 10.83 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 364 | 288 | 356 | 166 | 140 | 136 | 60.46 |
| Net working capital | 1,175 | 1,108 | 966 | 741 | 684 | 622 | 613 |
| Cash flow | |||||||
| Cash from operations | 46.80 | 15.39 | 230 | 24.77 | 15.87 | 22.96 | 15.39 |
| Cash from investing | (353) | (61.07) | (206) | (31.20) | 41.18 | (11.18) | 21.71 |
| Cash from financing | 284 | 9.45 | 63.61 | (37.01) | (31.52) | (23.35) | (14.66) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 | 64.81 | 63.55 | 57.72 | 99.47 | 131 | 85.69 | 70.60 |
| Revenue growth (YoY) | +3.3% | -50.5% | -25.8% | -18.2% | -7.6% | +7.8% | -23.0% | -37.6% |
| Other income | 11.58 | 35.51 | 34.00 | 32.40 | 50.28 | 33.76 | 36.30 | 26.50 |
| Total expenses | 31.69 | 51.39 | 52.39 | 46.67 | 72.59 | 110 | 65.95 | 56.64 |
| EBITDA | 71.03 | 13.42 | 11.16 | 11.05 | 26.88 | 20.74 | 19.74 | 13.96 |
| EBITDA margin | +69.1% | +20.7% | +17.6% | +19.1% | +27.0% | +15.9% | +23.0% | +19.8% |
| Depreciation | 2.08 | 2.64 | 2.69 | 2.30 | 1.75 | 2.16 | 1.88 | 1.77 |
| Interest | 1.05 | 0.93 | 0.90 | 0.95 | 1.51 | 1.11 | 0.82 | 1.10 |
| Profit before tax | 79.48 | 45.36 | 41.57 | 40.20 | 73.90 | 51.23 | 53.34 | 37.59 |
| Tax | 19.91 | 12.01 | 11.16 | 10.08 | 12.95 | 12.07 | 10.31 | 7.87 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 218 | 146 | 153 | 149 | 183 | 294 | 242 | 230 |
| Revenue growth (YoY) | +19.4% | -50.5% | -36.7% | -35.4% | -46.5% | -1.0% | +0.2% | +7.0% |
| Other income | 21.54 | 42.49 | 45.10 | 46.24 | 44.81 | 36.55 | 32.67 | 40.53 |
| EBITDA | 71.52 | 18.93 | 32.77 | 36.58 | 40.60 | 106 | 60.90 | 27.57 |
| EBITDA margin | +32.8% | +13.0% | +21.4% | +24.6% | +22.2% | +36.2% | +25.1% | +12.0% |
| Depreciation | 3.12 | 3.56 | 3.52 | 2.93 | 2.39 | 2.33 | 2.10 | 2.00 |
| Interest | 5.31 | 3.07 | 2.22 | 1.83 | 3.06 | 5.16 | 2.56 | 3.09 |
| Profit before tax | 84.63 | 54.79 | 72.13 | 78.06 | 79.96 | 136 | 88.91 | 63.01 |
| Tax | 21.88 | 13.76 | 20.50 | 18.05 | 21.63 | 38.39 | 4.88 | 15.75 |
| Net profit | 62.75 | 41.03 | 51.63 | 60.01 | 58.33 | 97.15 | 84.03 | 47.26 |
| EPS (₹) | 1.77 | 1.06 | 1.16 | 1.38 | 1.46 | 2.05 | 2.18 | 1.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 630 | 1,108 | 1,263 | 1,890 | 961 | 427 | 267 |
| Revenue growth | -37.9% | -13.8% | -36.5% | +106.8% | +116.0% | +22.7% | -0.5% |
| Other income | 179 | 123 | 116 | 52.76 | 202 | 26.07 | 32.31 |
| Total expenses | 502 | 807 | 937 | 1,476 | 714 | 331 | 269 |
| Employee cost | 74.84 | 73.58 | 78.92 | 71.18 | 57.77 | 36.24 | 36.68 |
| EBITDA | 129 | 301 | 326 | 414 | 248 | 96.62 | (2.35) |
| EBITDA margin | +20.5% | +27.1% | +25.8% | +21.9% | +25.7% | +22.6% | -0.9% |
| Depreciation | 12.41 | 8.32 | 9.95 | 11.24 | 9.33 | 9.16 | 7.07 |
| Interest | 10.23 | 14.78 | 35.16 | 58.47 | 61.77 | 58.41 | 57.27 |
| Profit before tax | 285 | 401 | 397 | 397 | 379 | 55.12 | (34.38) |
| Tax | 73.92 | 87.85 | 93.87 | 108 | 80.37 | 21.77 | (22.16) |
| Net profit | 184 | 282 | 291 | 257 | 215 | 30.66 | (7.02) |
| Net profit margin | +29.2% | +25.5% | +23.1% | +13.6% | +22.3% | +7.2% | -2.6% |
| EPS (₹) | 4.97 | 7.53 | 8.09 | 6.96 | 5.83 | 1.29 | (0.29) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 80.73 | 75.06 | 74.25 | 74.25 | 74.25 | 62.74 | 61.32 |
| Reserves & surplus | 2,186 | 1,568 | 1,253 | 1,015 | 785 | 625 | 620 |
| Shareholders' funds (net worth) | 2,266 | 1,763 | 1,463 | 1,089 | 860 | 688 | 682 |
| Minority interest | 46.58 | 80.55 | 53.24 | 55.79 | 70.23 | 18.67 | 19.07 |
| Secured loans | 31.05 | 29.05 | 123 | 91.16 | 404 | 355 | 360 |
| Unsecured loans | 32.93 | 6.55 | 7.60 | 115 | 153 | 138 | 33.19 |
| Total debt | 63.98 | 35.60 | 131 | 206 | 557 | 493 | 393 |
| Total liabilities | 2,393 | 1,895 | 1,670 | 1,367 | 1,499 | 1,206 | 1,098 |
| Assets | |||||||
| Gross block | 106 | 92.29 | 98.06 | 104 | 99.52 | 95.11 | 112 |
| Net block | 61.02 | 48.71 | 53.01 | 60.60 | 60.43 | 59.17 | 80.87 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 0.94 | 0.01 |
| Investments | 530 | 272 | 277 | 113 | 150 | 63.39 | 22.23 |
| Inventories | 738 | 530 | 505 | 380 | 449 | 403 | 380 |
| Sundry debtors | 71.40 | 87.05 | 144 | 333 | 125 | 104 | 81.85 |
| Cash & bank balances | 435 | 423 | 549 | 298 | 360 | 213 | 141 |
| Loans & advances | 892 | 762 | 575 | 384 | 338 | 346 | 260 |
| Total current assets | 2,136 | 1,802 | 1,772 | 1,394 | 1,272 | 1,066 | 863 |
| Total current liabilities | 380 | 282 | 484 | 414 | 218 | 250 | 200 |
| Net working capital | 1,756 | 1,520 | 1,288 | 980 | 1,055 | 815 | 663 |
| Total assets | 2,393 | 1,895 | 1,670 | 1,367 | 1,499 | 1,206 | 1,098 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 139 | 237 | 89.14 | 201 | 77.43 | 63.34 | 29.45 |
| Net cash from operating activities | (49.70) | 133 | 573 | 448 | 187 | 78.30 | 88.06 |
| Net cash from investing activities | (323) | (115) | (397) | (102) | 27.60 | (84.21) | 82.88 |
| Net cash from financing activities | 306 | (116) | (27.86) | (458) | (82.20) | 20.01 | (137) |
| Net change in cash | (66.69) | (97.79) | 148 | (111) | 132 | 14.10 | 33.88 |
| Closing cash | 435 | 423 | 549 | 298 | 360 | 213 | 141 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -43.1% | -12.3% | -33.2% | +96.6% | +125.1% | +60.0% | -28.1% |
| EBITDA growth | -57.1% | -7.9% | -21.2% | +67.3% | +156.2% | +9998.0% | - |
| PBT growth | -28.9% | +0.9% | +0.1% | +4.8% | +587.4% | +9998.0% | - |
| Net income growth | -34.8% | -3.2% | +13.2% | +20.0% | +599.8% | +9998.0% | - |
| Revenue CAGR (3Y) | -30.7% | +4.8% | +43.6% | +92.0% | +37.3% | -13.1% | -16.1% |
| EBITDA CAGR (3Y) | -32.2% | +6.7% | +50.1% | - | +35.0% | -21.4% | - |
| Profitability & leverage | |||||||
| Net income margin | +33.5% | +28.2% | +24.0% | +15.3% | +31.1% | +7.8% | -4.6% |
| Return on capital employed | +14.2% | +24.2% | +29.5% | +33.3% | +33.7% | +10.0% | +2.1% |
| Return on net worth | +10.5% | +19.4% | +23.8% | +29.7% | +38.9% | +5.0% | -1.8% |
| Debt / equity | 0.02 | 0.05 | 0.13 | 0.39 | 0.68 | 0.65 | 0.60 |
| Long-term debt / equity | 0.01 | 0.02 | 0.03 | 0.20 | 0.47 | 0.52 | 0.55 |
| Interest cover | 8.78 | 5.06 | 11.11 | 14.52 | 25.93 | 66.78 | -607.96 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.37 | 11.64 | 12.50 | 18.57 | 9.88 | 4.12 | 2.42 |
| Inventory turnover | 0.99 | 2.14 | 2.86 | 4.56 | 2.26 | 1.09 | 0.70 |
| Debtors turnover | 7.96 | 9.58 | 5.30 | 8.25 | 8.36 | 4.59 | 2.47 |
| EPS (₹) | 4.97 | 7.53 | 8.09 | 6.96 | 5.83 | 1.29 | (0.29) |
| Dividend per share (₹) | 0.90 | 0.90 | 1.62 | 0.90 | 1.26 | 0.90 | 0.55 |
| Book value per share (₹) | 56.15 | 43.79 | 35.76 | 29.34 | 23.15 | 27.27 | 27.06 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 | 64.81 | 63.55 | 57.72 | 99.47 | 131 | 85.69 | 70.60 |
| Revenue growth (YoY) | +3.3% | -50.5% | -25.8% | -18.2% | -7.6% | +7.8% | -23.0% | -37.6% |
| Other income | 11.58 | 35.51 | 34.00 | 32.40 | 50.28 | 33.76 | 36.30 | 26.50 |
| Total expenses | 31.69 | 51.39 | 52.39 | 46.67 | 72.59 | 110 | 65.95 | 56.64 |
| EBITDA | 71.03 | 13.42 | 11.16 | 11.05 | 26.88 | 20.74 | 19.74 | 13.96 |
| EBITDA margin | +69.1% | +20.7% | +17.6% | +19.1% | +27.0% | +15.9% | +23.0% | +19.8% |
| Depreciation | 2.08 | 2.64 | 2.69 | 2.30 | 1.75 | 2.16 | 1.88 | 1.77 |
| Interest | 1.05 | 0.93 | 0.90 | 0.95 | 1.51 | 1.11 | 0.82 | 1.10 |
| Profit before tax | 79.48 | 45.36 | 41.57 | 40.20 | 73.90 | 51.23 | 53.34 | 37.59 |
| Tax | 19.91 | 12.01 | 11.16 | 10.08 | 12.95 | 12.07 | 10.31 | 7.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 286 | 395 | 708 | 798 | 237 | 120 | 107 |
| Revenue growth | -26.6% | -44.7% | -16.8% | +276.6% | +51.5% | +6.6% | -13.4% |
| Other income | 152 | 123 | 125 | 83.18 | 75.32 | 114 | 96.32 |
| Total expenses | 223 | 304 | 550 | 661 | 175 | 116 | 109 |
| Employee cost | 34.01 | 36.29 | 37.69 | 32.39 | 27.97 | 19.63 | 24.67 |
| EBITDA | 62.54 | 90.77 | 158 | 137 | 61.12 | 3.76 | (1.75) |
| EBITDA margin | +21.9% | +23.0% | +22.3% | +17.2% | +25.8% | +3.1% | -1.6% |
| Depreciation | 9.38 | 7.46 | 6.97 | 6.73 | 4.81 | 6.48 | 4.80 |
| Interest | 4.32 | 4.16 | 5.05 | 4.62 | 0.43 | 1.23 | 1.19 |
| Profit before tax | 201 | 203 | 271 | 209 | 131 | 110 | 88.58 |
| Tax | 46.20 | 45.71 | 56.10 | 42.76 | 25.57 | 17.39 | 19.86 |
| Net profit | 150 | 156 | 214 | 165 | 105 | 91.72 | 68.79 |
| Net profit margin | +52.4% | +39.5% | +30.3% | +20.7% | +44.3% | +76.7% | +64.3% |
| EPS (₹) | 3.84 | 4.18 | 5.80 | 4.47 | 2.85 | 3.73 | 2.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 80.73 | 75.06 | 74.25 | 74.25 | 74.25 | 49.50 | 49.50 |
| Reserves & surplus | 2,020 | 1,461 | 1,276 | 1,062 | 930 | 881 | 811 |
| Shareholders' funds (net worth) | 2,101 | 1,656 | 1,486 | 1,136 | 1,004 | 931 | 861 |
| Secured loans | 0.00 | 0.00 | 8.56 | 10.83 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 8.56 | 10.83 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 2,105 | 1,662 | 1,506 | 1,154 | 1,009 | 933 | 863 |
| Assets | |||||||
| Gross block | 89.77 | 81.09 | 80.16 | 74.57 | 67.64 | 68.98 | 69.36 |
| Net block | 49.43 | 44.96 | 45.92 | 43.53 | 40.66 | 43.74 | 48.28 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 0.94 | 0.01 |
| Investments | 866 | 477 | 473 | 293 | 152 | 136 | 90.42 |
| Inventories | 1.01 | 3.03 | 3.42 | 1.64 | 3.03 | 1.69 | 3.90 |
| Sundry debtors | 36.13 | 59.09 | 61.81 | 216 | 76.40 | 41.54 | 32.59 |
| Cash & bank balances | 364 | 288 | 356 | 166 | 140 | 136 | 60.46 |
| Loans & advances | 889 | 865 | 704 | 602 | 565 | 546 | 582 |
| Total current assets | 1,290 | 1,215 | 1,125 | 986 | 784 | 726 | 679 |
| Total current liabilities | 115 | 107 | 158 | 245 | 99.59 | 103 | 65.69 |
| Net working capital | 1,175 | 1,108 | 966 | 741 | 684 | 622 | 613 |
| Total assets | 2,105 | 1,662 | 1,506 | 1,154 | 1,009 | 933 | 863 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 43.19 | 79.42 | (8.02) | 32.84 | 7.31 | 18.88 | (3.56) |
| Net cash from operating activities | 46.80 | 15.39 | 230 | 24.77 | 15.87 | 22.96 | 15.39 |
| Net cash from investing activities | (353) | (61.07) | (206) | (31.20) | 41.18 | (11.18) | 21.71 |
| Net cash from financing activities | 284 | 9.45 | 63.61 | (37.01) | (31.52) | (23.35) | (14.66) |
| Net change in cash | (21.90) | (36.23) | 87.44 | (43.43) | 25.53 | (11.57) | 22.45 |
| Closing cash | 364 | 288 | 356 | 166 | 140 | 136 | 60.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -27.7% | -44.3% | -11.2% | +237.2% | +97.8% | +11.8% | -35.7% |
| EBITDA growth | -31.1% | -42.6% | +15.6% | +124.0% | +1525.5% | +9998.0% | - |
| PBT growth | -0.7% | -25.4% | +30.0% | +59.1% | +19.5% | +24.0% | -38.0% |
| Net income growth | -4.0% | -27.3% | +30.0% | +57.2% | +14.4% | +33.3% | -36.5% |
| Revenue CAGR (3Y) | -29.0% | +18.6% | +80.9% | +95.4% | +12.4% | -14.7% | -12.3% |
| EBITDA CAGR (3Y) | -23.0% | +14.1% | +247.8% | - | +14.3% | -40.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +54.2% | +39.7% | +30.4% | +20.8% | +44.7% | +77.3% | +64.2% |
| Return on capital employed | +10.9% | +13.1% | +20.8% | +19.7% | +13.6% | +12.4% | +10.7% |
| Return on net worth | +8.2% | +10.0% | +16.4% | +15.5% | +10.9% | +10.3% | +8.3% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 8.13 | 4.99 | 3.34 | 3.55 | 0.76 | -45.22 | -18.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.34 | 4.90 | 9.16 | 11.22 | 3.46 | 1.73 | 1.54 |
| Inventory turnover | 141.36 | 122.40 | 279.96 | 341.67 | 100.25 | 42.79 | 35.08 |
| Debtors turnover | 6.00 | 6.53 | 5.11 | 5.46 | 4.01 | 3.23 | 2.27 |
| EPS (₹) | 3.84 | 4.18 | 5.80 | 4.47 | 2.85 | 3.73 | 2.78 |
| Dividend per share (₹) | 0.90 | 0.90 | 1.62 | 0.90 | 1.26 | 0.90 | 0.55 |
| Book value per share (₹) | 52.04 | 40.94 | 36.38 | 30.60 | 27.04 | 37.60 | 34.78 |
Shareholding Pattern of Man Infraconstruction Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 62.50%, foreign institutional investors hold 1.90%, domestic institutional investors hold 1.10%, retail and other public shareholders hold 34.50% of Man Infraconstruction Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 62.50% | 62.50% | 62.40% | 62.30% |
| Public | 37.50% | 37.50% | 37.60% | 37.70% |
Group Structure of Man Infraconstruction Limited
Man Infraconstruction Limited has 5 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Man Infraconstruction Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Man Projects Limited | U45200MH2007PLC172365 | - |
| Man Realtors And Holdings Private Limited | U45201MH1992PTC067019 | - |
| Manaj Infraconstruction Limited | U45202MH2009PLC191175 | - |
| Manaj Tollway Private Limited | U70100MH2011PTC224075 | - |
| Micl Realtors Private Limited | U70102MH2010PTC207043 | - |
Showing major subsidiaries. Total: 5.
Charges & Borrowings of Man Infraconstruction Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2007 | Others | ₹474.5 Cr | Open |
| 04 Sep 2017 | Others | ₹194 Cr | Satisfied |
| 04 Sep 2017 | Others | ₹80 Cr | Satisfied |
| 06 Jan 2016 | Edelweiss Housing Finance Limited | ₹44 Cr | Satisfied |
| 05 Oct 2015 | Ecl Finance Limited | ₹130 Cr | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Man Infraconstruction Limited
Man Infraconstruction Limited has a workforce of 273 employees as of Apr 09, 2024.
Employee and EPFO history for Man Infraconstruction Limited
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GST Compliance of Man Infraconstruction Limited
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Credit Ratings, Litigation & Regulatory Alerts for Man Infraconstruction Limited
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MSME Payment Delays by Man Infraconstruction Limited
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Subsidiaries & Group Companies of Man Infraconstruction Limited
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MCA Filings & Documents of Man Infraconstruction Limited
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Recent Activity on Man Infraconstruction Limited
Recent News on Man Infraconstruction Limited
Frequently Asked Questions about Man Infraconstruction Limited
Man Infraconstruction Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 16 August 2002 (24+ years old) and is registered under CIN L70200MH2002PLC136849. Listed on BSE: 533169 and NSE: MANINFRA. The company has 273 employees.
Man Infraconstruction Limited reported revenue of ₹630.46 Cr for FY 2025-26 (down 43.1% YoY) based on consolidated financials.
The current directors and KMP of Man Infraconstruction Limited are:
- Manan Parag Shah - Managing Director
- Ashok Manharlal Mehta - Whole-Time Director
- Parag Kishorchandra Shah - Director
- Kavita Bhaskar Upadhyay - Director
- Berjis Minoo Desai - Director
- Durgesh Suhas Dingankar - Company Secretary
- Kshitija Gunwantrao Wadatkar - Director
The primary industry of Man Infraconstruction Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Man Infraconstruction Limited is listed on both BSE (code: 533169) and NSE (symbol: MANINFRA).
Man Infraconstruction Limited can be reached at the registered office: 12Th Floor Krushal Commercial Complex Above Shoppers Stop G.M Road Chembur, Mumbai, Maharashtra, India – 400089, or through the website miclgroup.in.