About Man Infraconstruction Limited
Data last updated: 01 July 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 Kshitija Gunwantrao Wadatkar and Durgesh Suhas Dingankar.
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 financials filed for FY 2025, the company reported a revenue of ₹1,231.23 Cr, a decline of 9% compared to the previous year.
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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Email*****@*****.com
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Telephone+91-****-******
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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 | ********* |
Auditor Details of Man Infraconstruction Limited
Man Infraconstruction Limited is audited by G M KAPADIA & CO (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| G M KAPADIA & CO (ICAI peer reviewed, certificate valid till 2027-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Man Infraconstruction Limited
Man Infraconstruction Limited is currently managed by 8 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kshitija Gunwantrao Wadatkar
Also directs:
Man Infraconstruction Limited
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Director | 25 Jul 2023 | 2 Years 11 Months | Current |
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Durgesh Suhas Dingankar
Also directs:
Man Infraconstruction Limited
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Nodal Officer | 04 Sep 2019 | 6 Years 10 Months | Current |
| Kavita Bhaskar Upadhyay | Director | 13 Feb 2019 | 7 Years 4 Months | Current |
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Manan Parag Shah
Also directs:
Man Infraconstruction Limited, Man Aaradhya Infraconstruction Llp, Micl Builders Llp and 5 more
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Managing Director | 29 May 2014 | 12 Years 1 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 1 Months | Current |
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Suketu Ramesh Shah
Also directs:
Man Infraconstruction Limited, Manmantra Infracon Llp, Man Aaradhya Infraconstruction Llp and 5 more
|
Person Incharge | 01 Apr 2011 | 15 Years 3 Months | Current |
Financials of Man Infraconstruction Limited FY 2026 filings available
Man Infraconstruction Limited reported revenue of ₹630.46 Cr (down 43.1% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹630.46 Cr | ₹1,108.07 Cr | ₹1,263.45 Cr | ₹1,890.35 Cr | ₹961.48 Cr | ₹427.16 Cr | ₹266.98 Cr |
| Other Income | ₹161.56 Cr | ₹123.16 Cr | ₹96.77 Cr | ₹47.92 Cr | ₹201.17 Cr | ₹24.85 Cr | ₹27.21 Cr |
| Total Income | ₹792.02 Cr | ₹1,231.23 Cr | ₹1,360.22 Cr | ₹1,938.27 Cr | ₹1,162.65 Cr | ₹452.01 Cr | ₹294.19 Cr |
| Cost of Materials Consumed | ₹211.7 Cr | ₹231.08 Cr | ₹448.06 Cr | ₹678.79 Cr | ₹227.27 Cr | ₹119.71 Cr | ₹77.5 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹208.3 Cr | -₹27.49 Cr | -₹200.16 Cr | ₹67.76 Cr | -₹31.57 Cr | -₹24.59 Cr | -₹14.77 Cr |
| Employee Benefit Expense | ₹74.84 Cr | ₹73.58 Cr | ₹78.92 Cr | ₹71.18 Cr | ₹57.77 Cr | ₹36.24 Cr | ₹36.68 Cr |
| Finance Costs | ₹10.18 Cr | ₹14.74 Cr | ₹35.12 Cr | ₹58.44 Cr | ₹61.75 Cr | ₹58.37 Cr | ₹56.9 Cr |
| Depreciation & Amortisation | ₹12.41 Cr | ₹8.32 Cr | ₹9.95 Cr | ₹11.24 Cr | ₹9.33 Cr | ₹9.16 Cr | ₹7.07 Cr |
| Other Expenses | ₹423.33 Cr | ₹506.71 Cr | ₹610.26 Cr | ₹658.69 Cr | ₹460.52 Cr | ₹199.22 Cr | ₹170.29 Cr |
| Total Expenses | ₹524.18 Cr | ₹806.94 Cr | ₹982.16 Cr | ₹1,546.09 Cr | ₹785.08 Cr | ₹398.12 Cr | ₹333.67 Cr |
| Profit Before Exceptional Items & Tax | ₹267.84 Cr | ₹424.29 Cr | ₹378.06 Cr | ₹392.17 Cr | ₹377.57 Cr | ₹53.89 Cr | -₹39.48 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹267.84 Cr | ₹424.29 Cr | ₹378.06 Cr | ₹392.17 Cr | ₹377.57 Cr | ₹53.89 Cr | -₹39.48 Cr |
| Total Tax Expense | ₹73.92 Cr | ₹87.85 Cr | ₹93.87 Cr | ₹108.06 Cr | ₹80.37 Cr | ₹21.77 Cr | -₹22.16 Cr |
| Net Profit | ₹211 Cr | ₹312.81 Cr | ₹303.34 Cr | ₹288.96 Cr | ₹298.52 Cr | ₹33.34 Cr | -₹12.23 Cr |
| attributable to Owners | ₹0 | - | ₹2.14 Cr | - | -₹86.65 Lakh | -₹36.43 Lakh | -₹68.81 Lakh |
| attributable to NCI | ₹0 | - | ₹8.39 Lakh | - | -₹20.85 Lakh | -₹7.05 Lakh | -₹4.45 Lakh |
| Other Comprehensive Income | ₹13.14 Cr | ₹4 Cr | ₹2.23 Cr | ₹4.49 Cr | -₹1.08 Cr | -₹43.48 Lakh | -₹73.26 Lakh |
| Total Comprehensive Income | ₹224.14 Cr | ₹316.81 Cr | ₹305.57 Cr | ₹293.44 Cr | ₹297.44 Cr | ₹32.91 Cr | -₹12.96 Cr |
| EBITDA (computed) | ₹290.43 Cr | ₹447.35 Cr | ₹423.14 Cr | ₹461.85 Cr | ₹448.66 Cr | ₹121.42 Cr | ₹24.49 Cr |
| Basic EPS | ₹5.07 | ₹7.59 | ₹8.09 | ₹6.96 | ₹5.83 | ₹1.29 | ₹-0.29 |
| Diluted EPS | ₹5.07 | ₹7.59 | ₹8.06 | ₹6.96 | ₹5.83 | ₹1.29 | ₹-0.29 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,777.94 Cr | ₹2,177.44 Cr | ₹2,154.57 Cr | ₹1,780.83 Cr |
| Non-current Assets | ₹434.11 Cr | ₹274.43 Cr | ₹268.35 Cr | ₹384.08 Cr |
| Current Assets | ₹2,343.83 Cr | ₹1,900.36 Cr | ₹1,883.58 Cr | ₹1,396.75 Cr |
| Property, Plant & Equipment | ₹47.72 Cr | ₹40.3 Cr | ₹42.68 Cr | ₹53.14 Cr |
| Inventories | ₹737.98 Cr | ₹530.17 Cr | ₹504.7 Cr | ₹380.31 Cr |
| Trade Receivables | ₹71.4 Cr | ₹87.05 Cr | ₹144.17 Cr | ₹332.56 Cr |
| Cash & Equivalents | ₹85.7 Cr | ₹168.15 Cr | ₹245.55 Cr | ₹114.87 Cr |
| Equity (Net Worth) | ₹2,313.02 Cr | ₹1,844 Cr | ₹1,516.68 Cr | ₹1,145.17 Cr |
| Equity Share Capital | ₹80.73 Cr | ₹75.06 Cr | ₹74.25 Cr | ₹74.25 Cr |
| Borrowings (Non-current) | ₹17.77 Cr | ₹0 | ₹63.43 Cr | ₹12.31 Cr |
| Borrowings (Current) | ₹40.09 Cr | ₹35.6 Cr | ₹67.42 Cr | ₹193.57 Cr |
| Total Debt (computed) | ₹57.86 Cr | ₹35.6 Cr | ₹130.85 Cr | ₹205.88 Cr |
| Current Liabilities | ₹422.49 Cr | ₹317.41 Cr | ₹551.43 Cr | ₹607.84 Cr |
| Total Liabilities | ₹464.93 Cr | ₹333.44 Cr | ₹637.89 Cr | ₹635.66 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹49.7 Cr | ₹132.99 Cr | ₹572.59 Cr | ₹448.04 Cr | ₹186.8 Cr |
| Investing Cash Flow | -₹322.85 Cr | -₹115 Cr | -₹396.65 Cr | -₹101.63 Cr | ₹27.51 Cr |
| Financing Cash Flow | ₹305.86 Cr | -₹115.76 Cr | -₹27.86 Cr | -₹457.81 Cr | -₹82.19 Cr |
| Capital Expenditure | ₹24.73 Cr | ₹9.2 Cr | ₹14.21 Cr | ₹14.57 Cr | ₹21.49 Cr |
| Free Cash Flow (computed) | -₹74.42 Cr | ₹123.78 Cr | ₹558.39 Cr | ₹433.47 Cr | ₹165.31 Cr |
| Dividends Paid | ₹35.05 Cr | ₹35.39 Cr | ₹83.99 Cr | ₹33.41 Cr | ₹31.18 Cr |
| Net Change in Cash | -₹66.69 Cr | -₹97.78 Cr | ₹148.09 Cr | -₹111.39 Cr | ₹132.11 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹145.52 Cr | ₹153.3 Cr | ₹148.75 Cr | ₹182.9 Cr | ₹293.8 Cr | ₹242.33 Cr | ₹230.32 Cr | ₹341.62 Cr | ₹296.74 Cr | ₹241.76 Cr | ₹215.29 Cr | ₹509.66 Cr |
| Other Income | ₹41.37 Cr | ₹38.54 Cr | ₹38.48 Cr | ₹43.18 Cr | ₹34.03 Cr | ₹32.67 Cr | ₹29.65 Cr | ₹26.8 Cr | ₹35.52 Cr | ₹19.59 Cr | ₹27.56 Cr | ₹14.1 Cr |
| Total Income | ₹186.89 Cr | ₹191.83 Cr | ₹187.23 Cr | ₹226.07 Cr | ₹327.83 Cr | ₹275 Cr | ₹259.97 Cr | ₹368.42 Cr | ₹332.26 Cr | ₹261.34 Cr | ₹242.85 Cr | ₹523.76 Cr |
| Cost of Materials Consumed | ₹48.27 Cr | ₹54.62 Cr | ₹51.41 Cr | ₹57.4 Cr | ₹89.26 Cr | ₹45.56 Cr | ₹40.08 Cr | ₹56.17 Cr | ₹83.44 Cr | ₹60.47 Cr | ₹59.81 Cr | ₹244.34 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹127.4 Cr | -₹32.9 Cr | -₹36.16 Cr | -₹11.84 Cr | -₹15.09 Cr | -₹37.93 Cr | ₹25.76 Cr | -₹22.88 Lakh | -₹24.9 Cr | -₹104.76 Cr | -₹39.94 Cr | -₹30.55 Cr |
| Employee Benefit Expense | ₹21.9 Cr | ₹18.25 Cr | ₹16.61 Cr | ₹18.08 Cr | ₹22.83 Cr | ₹15.94 Cr | ₹15.18 Cr | ₹19.63 Cr | ₹24.3 Cr | ₹18.81 Cr | ₹17.41 Cr | ₹18.4 Cr |
| Finance Costs | ₹3.07 Cr | ₹2.22 Cr | ₹1.83 Cr | ₹3.06 Cr | ₹5.16 Cr | ₹2.56 Cr | ₹3.09 Cr | ₹3.94 Cr | ₹11.95 Cr | ₹7.44 Cr | ₹6.46 Cr | ₹9.27 Cr |
| Depreciation & Amortisation | ₹3.56 Cr | ₹3.52 Cr | ₹2.93 Cr | ₹2.39 Cr | ₹2.33 Cr | ₹2.1 Cr | ₹2 Cr | ₹1.88 Cr | ₹2.66 Cr | ₹2.56 Cr | ₹2.33 Cr | ₹2.4 Cr |
| Other Expenses | ₹183.81 Cr | ₹80.56 Cr | ₹80.31 Cr | ₹78.65 Cr | ₹90.32 Cr | ₹112.15 Cr | ₹121.73 Cr | ₹182.52 Cr | ₹164.27 Cr | ₹164.55 Cr | ₹113.03 Cr | ₹168.4 Cr |
| Total Expenses | ₹133.22 Cr | ₹126.28 Cr | ₹116.93 Cr | ₹147.75 Cr | ₹194.82 Cr | ₹140.37 Cr | ₹207.84 Cr | ₹263.91 Cr | ₹261.73 Cr | ₹149.08 Cr | ₹159.09 Cr | ₹412.26 Cr |
| Profit Before Exceptional Items & Tax | ₹53.67 Cr | ₹65.56 Cr | ₹70.3 Cr | ₹78.32 Cr | ₹133.01 Cr | ₹134.63 Cr | ₹52.13 Cr | ₹104.51 Cr | ₹70.53 Cr | ₹112.27 Cr | ₹83.76 Cr | ₹111.51 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹53.67 Cr | ₹65.56 Cr | ₹70.3 Cr | ₹78.32 Cr | ₹133.01 Cr | ₹134.63 Cr | ₹52.13 Cr | ₹104.51 Cr | ₹70.53 Cr | ₹112.27 Cr | ₹83.76 Cr | ₹111.51 Cr |
| Total Tax Expense | ₹13.75 Cr | ₹20.49 Cr | ₹18.05 Cr | ₹21.63 Cr | ₹38.38 Cr | ₹4.88 Cr | ₹15.75 Cr | ₹28.83 Cr | ₹12.55 Cr | ₹36.86 Cr | ₹17.76 Cr | ₹26.7 Cr |
| Net Profit | ₹41.04 Cr | ₹51.62 Cr | ₹60.01 Cr | ₹58.32 Cr | ₹97.15 Cr | ₹84.03 Cr | ₹47.25 Cr | ₹84.38 Cr | ₹64.65 Cr | ₹86.51 Cr | ₹65.12 Cr | ₹87.06 Cr |
| attributable to Owners | ₹0 | ₹0 | - | ₹0 | - | - | ₹54.11 Lakh | - | ₹90.65 Lakh | - | ₹1.61 Cr | ₹0 |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | - | - | ₹4.17 Lakh | - | ₹8.9 Lakh | - | -₹19,000 | ₹0 |
| Other Comprehensive Income | ₹7.92 Cr | ₹1.12 Cr | ₹4.4 Cr | -₹30.26 Lakh | ₹14.18 Lakh | ₹3.28 Cr | ₹49.94 Lakh | ₹8.59 Lakh | ₹99.55 Lakh | -₹15.99 Lakh | ₹1.61 Cr | -₹21.5 Lakh |
| Total Comprehensive Income | ₹48.96 Cr | ₹52.75 Cr | ₹64.41 Cr | ₹58.02 Cr | ₹97.3 Cr | ₹87.3 Cr | ₹47.75 Cr | ₹84.47 Cr | ₹65.65 Cr | ₹86.35 Cr | ₹66.73 Cr | ₹86.84 Cr |
| EBITDA (computed) | ₹60.3 Cr | ₹71.3 Cr | ₹75.06 Cr | ₹83.78 Cr | ₹140.51 Cr | ₹139.29 Cr | ₹57.22 Cr | ₹110.33 Cr | ₹85.14 Cr | ₹122.27 Cr | ₹92.55 Cr | ₹123.18 Cr |
| Basic EPS | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.48 | ₹2.05 | ₹2.25 | ₹1.20 | ₹2.09 | ₹1.76 | ₹2.23 | ₹1.88 | ₹2.22 |
| Diluted EPS | ₹1.06 | ₹1.16 | ₹1.38 | ₹1.46 | ₹2.05 | ₹2.18 | ₹1.18 | ₹2.05 | ₹1.73 | ₹2.23 | ₹1.88 | ₹2.22 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| EPC (Engineering, Procurement and Contacting) | ₹70.49 Cr | ₹20.33 Cr | ₹138.08 Cr | ₹119.15 Cr |
| Real Estate | ₹75.6 Cr | ₹25.83 Cr | ₹1,855.42 Cr | ₹292.57 Cr |
| Unallocated | ₹0 | ₹11.7 Cr | ₹784.44 Cr | ₹99.78 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| EPC (Engineering, Procurement and Contacting) | ₹303.79 Cr | ₹79.9 Cr | - | - |
| Real Estate | ₹329.39 Cr | ₹163.04 Cr | - | - |
| Unallocated | ₹0 | ₹52.17 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹285.55 Cr | ₹394.73 Cr | ₹708.33 Cr | ₹797.79 Cr | ₹236.58 Cr | ₹119.61 Cr | ₹106.98 Cr |
| Other Income | ₹152.2 Cr | ₹123.36 Cr | ₹96.47 Cr | ₹83.18 Cr | ₹75.32 Cr | ₹113.76 Cr | ₹96.32 Cr |
| Total Income | ₹437.76 Cr | ₹518.09 Cr | ₹804.8 Cr | ₹880.97 Cr | ₹311.9 Cr | ₹233.37 Cr | ₹203.3 Cr |
| Cost of Materials Consumed | ₹94.67 Cr | ₹116.13 Cr | ₹326.59 Cr | ₹446.87 Cr | ₹51.23 Cr | ₹45.18 Cr | ₹41.95 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹31.91 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹34.01 Cr | ₹36.29 Cr | ₹37.69 Cr | ₹32.39 Cr | ₹27.97 Cr | ₹19.63 Cr | ₹24.67 Cr |
| Finance Costs | ₹4.3 Cr | ₹4.15 Cr | ₹4.99 Cr | ₹4.6 Cr | ₹41.74 Lakh | ₹1.21 Cr | ₹1.1 Cr |
| Depreciation & Amortisation | ₹9.38 Cr | ₹7.46 Cr | ₹6.97 Cr | ₹6.73 Cr | ₹4.81 Cr | ₹6.48 Cr | ₹4.8 Cr |
| Other Expenses | ₹94.68 Cr | ₹151.56 Cr | ₹184.24 Cr | ₹181.62 Cr | ₹96.27 Cr | ₹51.06 Cr | ₹42.2 Cr |
| Total Expenses | ₹236.72 Cr | ₹315.59 Cr | ₹560.49 Cr | ₹672.22 Cr | ₹180.7 Cr | ₹123.56 Cr | ₹114.72 Cr |
| Profit Before Exceptional Items & Tax | ₹201.03 Cr | ₹202.5 Cr | ₹244.3 Cr | ₹208.75 Cr | ₹131.2 Cr | ₹109.81 Cr | ₹88.58 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹201.03 Cr | ₹202.5 Cr | ₹244.3 Cr | ₹208.75 Cr | ₹131.2 Cr | ₹109.81 Cr | ₹88.58 Cr |
| Total Tax Expense | ₹46.2 Cr | ₹45.7 Cr | ₹48.85 Cr | ₹42.76 Cr | ₹25.57 Cr | ₹17.39 Cr | ₹19.85 Cr |
| Net Profit | ₹154.83 Cr | ₹156.8 Cr | ₹195.46 Cr | ₹165.99 Cr | ₹105.64 Cr | ₹92.42 Cr | ₹68.73 Cr |
| Other Comprehensive Income | ₹71.59 Lakh | -₹3.1 Lakh | ₹14.56 Lakh | -₹48.24 Lakh | -₹1.09 Cr | -₹22.64 Lakh | -₹51.91 Lakh |
| Total Comprehensive Income | ₹155.55 Cr | ₹156.77 Cr | ₹195.6 Cr | ₹165.51 Cr | ₹104.55 Cr | ₹92.19 Cr | ₹68.21 Cr |
| EBITDA (computed) | ₹214.71 Cr | ₹214.11 Cr | ₹256.27 Cr | ₹220.09 Cr | ₹136.43 Cr | ₹117.5 Cr | ₹94.48 Cr |
| Basic EPS | ₹3.91 | ₹4.21 | ₹5.26 | ₹4.46 | ₹2.85 | ₹3.73 | ₹2.78 |
| Diluted EPS | ₹3.91 | ₹4.21 | ₹5.24 | ₹4.46 | ₹2.85 | ₹3.73 | ₹2.78 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,220.2 Cr | ₹1,769.12 Cr | ₹1,579.49 Cr | ₹1,398.53 Cr |
| Non-current Assets | ₹735.82 Cr | ₹474.16 Cr | ₹496.22 Cr | ₹410.06 Cr |
| Current Assets | ₹1,484.38 Cr | ₹1,294.96 Cr | ₹1,083.27 Cr | ₹988.47 Cr |
| Property, Plant & Equipment | ₹43.21 Cr | ₹38.42 Cr | ₹37.46 Cr | ₹37.93 Cr |
| Inventories | ₹1.01 Cr | ₹3.03 Cr | ₹3.42 Cr | ₹1.64 Cr |
| Trade Receivables | ₹36.13 Cr | ₹59.09 Cr | ₹61.81 Cr | ₹215.59 Cr |
| Cash & Equivalents | ₹21.29 Cr | ₹43.19 Cr | ₹86.96 Cr | ₹24.52 Lakh |
| Equity (Net Worth) | ₹2,100.65 Cr | ₹1,656.42 Cr | ₹1,399.77 Cr | ₹1,136.11 Cr |
| Equity Share Capital | ₹80.73 Cr | ₹75.06 Cr | ₹74.25 Cr | ₹74.25 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹8.56 Cr | ₹10.83 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹8.56 Cr | ₹10.83 Cr |
| Current Liabilities | ₹115.35 Cr | ₹107.03 Cr | ₹169.08 Cr | ₹255.63 Cr |
| Total Liabilities | ₹119.55 Cr | ₹112.7 Cr | ₹179.71 Cr | ₹262.42 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹46.8 Cr | ₹15.39 Cr | ₹241.57 Cr | ₹24.77 Cr | ₹15.87 Cr |
| Investing Cash Flow | -₹353.17 Cr | -₹61.07 Cr | -₹216.19 Cr | -₹31.2 Cr | ₹41.18 Cr |
| Financing Cash Flow | ₹284.47 Cr | ₹9.45 Cr | ₹63.61 Cr | -₹37.01 Cr | -₹31.52 Cr |
| Capital Expenditure | ₹20.7 Cr | ₹9.55 Cr | ₹14.05 Cr | ₹14.87 Cr | ₹13.58 Cr |
| Free Cash Flow (computed) | ₹26.1 Cr | ₹5.84 Cr | ₹227.52 Cr | ₹9.9 Cr | ₹2.29 Cr |
| Dividends Paid | ₹35.05 Cr | ₹33.59 Cr | ₹60.14 Cr | ₹33.41 Cr | ₹31.19 Cr |
| Net Change in Cash | -₹21.9 Cr | -₹36.23 Cr | ₹88.99 Cr | -₹43.43 Cr | ₹25.53 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹64.81 Cr | ₹63.55 Cr | ₹57.72 Cr | ₹99.47 Cr | ₹130.81 Cr | ₹85.69 Cr | ₹70.6 Cr | ₹107.63 Cr | ₹121.39 Cr | ₹111.26 Cr | ₹113.06 Cr | ₹362.62 Cr |
| Other Income | ₹35.51 Cr | ₹34 Cr | ₹32.4 Cr | ₹50.28 Cr | ₹33.76 Cr | ₹30.96 Cr | ₹26.5 Cr | ₹16.51 Cr | ₹64.83 Cr | ₹12.96 Cr | ₹10.85 Cr | ₹7.83 Cr |
| Total Income | ₹100.32 Cr | ₹97.56 Cr | ₹90.13 Cr | ₹149.75 Cr | ₹164.57 Cr | ₹116.66 Cr | ₹97.09 Cr | ₹124.15 Cr | ₹186.22 Cr | ₹124.22 Cr | ₹123.91 Cr | ₹370.45 Cr |
| Cost of Materials Consumed | ₹15.41 Cr | ₹19.92 Cr | ₹21.35 Cr | ₹37.99 Cr | ₹47.33 Cr | ₹17.15 Cr | ₹19.25 Cr | ₹32.39 Cr | ₹57.35 Cr | ₹34.92 Cr | ₹25.23 Cr | ₹209.09 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹35.75 Lakh | ₹0 | ₹3.84 Lakh | ₹0 | ₹2.15 Cr | -₹29.56 Lakh | -₹48.78 Lakh | -₹1.37 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹10.51 Cr | ₹7.97 Cr | ₹7.51 Cr | ₹8.01 Cr | ₹12.59 Cr | ₹7 Cr | ₹7.04 Cr | ₹9.67 Cr | ₹14 Cr | ₹8.39 Cr | ₹7.61 Cr | ₹7.7 Cr |
| Finance Costs | ₹93.2 Lakh | ₹90.17 Lakh | ₹95.41 Lakh | ₹1.51 Cr | ₹1.11 Cr | ₹82.48 Lakh | ₹1.1 Cr | ₹1.12 Cr | ₹1.61 Cr | ₹1.36 Cr | ₹1.04 Cr | ₹97.75 Lakh |
| Depreciation & Amortisation | ₹2.64 Cr | ₹2.69 Cr | ₹2.3 Cr | ₹1.75 Cr | ₹2.16 Cr | ₹1.88 Cr | ₹1.77 Cr | ₹1.64 Cr | ₹1.97 Cr | ₹1.8 Cr | ₹1.56 Cr | ₹1.64 Cr |
| Other Expenses | ₹25.83 Cr | ₹24.5 Cr | ₹17.77 Cr | ₹26.58 Cr | ₹47.99 Cr | ₹41.97 Cr | ₹30.83 Cr | ₹29.6 Cr | ₹39.97 Cr | ₹49.31 Cr | ₹28.63 Cr | ₹66.33 Cr |
| Total Expenses | ₹54.97 Cr | ₹55.99 Cr | ₹49.92 Cr | ₹75.85 Cr | ₹113.34 Cr | ₹68.53 Cr | ₹59.51 Cr | ₹73.06 Cr | ₹114.9 Cr | ₹95.78 Cr | ₹64.07 Cr | ₹285.74 Cr |
| Profit Before Exceptional Items & Tax | ₹45.36 Cr | ₹41.57 Cr | ₹40.2 Cr | ₹73.9 Cr | ₹51.23 Cr | ₹48.12 Cr | ₹37.59 Cr | ₹51.09 Cr | ₹71.32 Cr | ₹28.45 Cr | ₹59.83 Cr | ₹84.71 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹45.36 Cr | ₹41.57 Cr | ₹40.2 Cr | ₹73.9 Cr | ₹51.23 Cr | ₹48.12 Cr | ₹37.59 Cr | ₹51.09 Cr | ₹71.32 Cr | ₹28.45 Cr | ₹59.83 Cr | ₹84.71 Cr |
| Total Tax Expense | ₹12.01 Cr | ₹11.15 Cr | ₹10.08 Cr | ₹12.95 Cr | ₹12.07 Cr | ₹8.98 Cr | ₹7.87 Cr | ₹12.89 Cr | ₹4.79 Cr | ₹7.68 Cr | ₹15 Cr | ₹21.39 Cr |
| Net Profit | ₹33.35 Cr | ₹30.41 Cr | ₹30.12 Cr | ₹60.95 Cr | ₹39.16 Cr | ₹39.15 Cr | ₹29.72 Cr | ₹38.2 Cr | ₹66.53 Cr | ₹20.77 Cr | ₹44.84 Cr | ₹63.32 Cr |
| Other Comprehensive Income | ₹73.02 Lakh | -₹48,000 | -₹46,000 | -₹49,000 | -₹5.2 Lakh | ₹1.5 Lakh | -₹18,000 | ₹78,000 | ₹28.38 Lakh | -₹7.11 Lakh | -₹6.14 Lakh | -₹57,000 |
| Total Comprehensive Income | ₹34.08 Cr | ₹30.41 Cr | ₹30.12 Cr | ₹60.95 Cr | ₹39.1 Cr | ₹39.16 Cr | ₹29.72 Cr | ₹38.21 Cr | ₹66.82 Cr | ₹20.7 Cr | ₹44.77 Cr | ₹63.32 Cr |
| EBITDA (computed) | ₹48.93 Cr | ₹45.16 Cr | ₹43.46 Cr | ₹77.16 Cr | ₹54.5 Cr | ₹50.83 Cr | ₹40.46 Cr | ₹53.85 Cr | ₹74.9 Cr | ₹31.6 Cr | ₹62.44 Cr | ₹87.33 Cr |
| Basic EPS | ₹0.83 | ₹0.75 | ₹0.75 | ₹1.62 | ₹1.04 | ₹1.05 | ₹0.80 | ₹1.03 | ₹1.79 | ₹0.56 | ₹1.20 | ₹1.71 |
| Diluted EPS | ₹0.83 | ₹0.75 | ₹0.75 | ₹1.60 | ₹1.04 | ₹1.02 | ₹0.79 | ₹1.01 | ₹1.76 | ₹0.56 | ₹1.20 | ₹1.71 |
Shareholding Pattern of Man Infraconstruction Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 62.46%, foreign institutional investors hold 3.80%, domestic institutional investors hold 1.93%, retail and other public shareholders hold 31.81% of Man Infraconstruction Limited. The company had 87,242 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jul 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 62.46% | 62.44% | 62.30% | 62.06% | 65.10% | 66.65% |
| Public | 37.54% | 37.56% | 37.70% | 37.94% | 34.90% | 33.35% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 62.46% | 66.65% | 67.31% | 67.12% | 66.79% | 65.72% | 64.58% | 64.16% | 63.35% | 62.04% | 60.25% |
| Public | 37.54% | 33.35% | 32.69% | 32.88% | 33.21% | 34.28% | 35.42% | 35.84% | 36.65% | 37.96% | 39.75% |
| Promoter change (YoY, %pts) | -4.19 | -0.66 | +0.19 | +0.33 | +1.07 | +1.14 | +0.42 | +0.81 | +1.31 | +1.79 | - |
Board & Governance of Man Infraconstruction Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Man Infraconstruction Limited has 6 directors - 2 independent and 2 executive. The board is chaired by BERJIS MINOO DESAI.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| BERJIS MINOO DESAI | Non-Executive - Non Independent Director · Chairperson | 2012-05-28 | 6 |
| PARAG KISHORCHANDRA SHAH | Non-Executive - Non Independent Director | 2012-04-01 | 1 |
| MANAN PARAG SHAH | Executive Director · MD | 2014-05-29 | 1 |
| ASHOK MANHARLAL MEHTA | Executive Director | 2019-09-11 | 1 |
| KAVITA BHASKAR UPADHYAY | Non-Executive - Independent Director | 2019-02-13 | 1 |
| KSHITIJA GUNWANTRAO WADATKAR | Non-Executive - Independent Director | 2023-07-25 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | KAVITA BHASKAR UPADHYAY (Chairperson), KSHITIJA GUNWANTRAO WADATKAR, ASHOK MANHARLAL MEHTA |
| Nomination and remuneration committee | KAVITA BHASKAR UPADHYAY (Chairperson), BERJIS MINOO DESAI, KSHITIJA GUNWANTRAO WADATKAR |
| Stakeholders Relationship Committee | KSHITIJA GUNWANTRAO WADATKAR (Chairperson), MANAN PARAG SHAH, ASHOK MANHARLAL MEHTA |
| Risk Management Committee | MANAN PARAG SHAH (Chairperson), BERJIS MINOO DESAI, KAVITA BHASKAR UPADHYAY |
| Corporate Social Responsibility Committee | BERJIS MINOO DESAI (Chairperson), KSHITIJA GUNWANTRAO WADATKAR, PARAG KISHORCHANDRA SHAH |
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 Count & EPFO Data of Man Infraconstruction Limited
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GST Compliance of Man Infraconstruction Limited
GSTIN & GST Filing Data of Man Infraconstruction Limited
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Credit Ratings, Litigation & Regulatory Alerts for Man Infraconstruction Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Man Infraconstruction Limited
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MSME Payment Delays by Man Infraconstruction Limited
MSME Payment Delays by Man Infraconstruction Limited
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Subsidiaries & Group Companies of Man Infraconstruction Limited
Subsidiaries & Group Companies of Man Infraconstruction Limited
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MCA Filings & Documents of Man Infraconstruction Limited
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 ₹1,231.23 Cr for FY 2025 (down 9.00% YoY).
The current directors of Man Infraconstruction Limited are:
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.