Manas Properties Ltd
Incorporated in 2004, Manas Properties is in the business of construction, re-development, and leasing of properties[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 390
- High / Low ₹ /
- Stock P/E 5.11
- Book Value ₹ 343
- Dividend Yield 0.00 %
- ROCE 30.6 %
- ROE 25.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.14 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.44.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | |
| 0 | 0 | 1 | 1 | 4 | 4 | 1 | 7 | 4 | 5 | 4 | 5 | |
| Operating Profit | -0 | 1 | 1 | -1 | -4 | -4 | -1 | -7 | -4 | -5 | -4 | -5 |
| OPM % | 77% | 48% | -786% | |||||||||
| 7 | 6 | 0 | 1 | 17 | 21 | 0 | 8 | 35 | 36 | 40 | 44 | |
| Interest | 9 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | -2 | 5 | 1 | 0 | 13 | 17 | -1 | 1 | 31 | 30 | 34 | 39 |
| Tax % | 0% | 2% | 41% | 17% | 18% | 13% | -6% | 19% | 19% | 20% | 18% | |
| -2 | 5 | 1 | 0 | 11 | 14 | -1 | 1 | 25 | 24 | 28 | 32 | |
| EPS in Rs | -4.01 | 13.32 | 1.47 | 0.00 | 26.23 | 33.61 | -2.67 | 1.35 | 60.07 | 57.98 | 66.39 | 76.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 98% |
| 3 Years: | 8% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 29% |
| 3 Years: | 28% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | -6 | -0 | 6 | 6 | 17 | 31 | 29 | 30 | 55 | 79 | 107 | 138 |
| 56 | 45 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | |
| 27 | 29 | 28 | 28 | 28 | 27 | 27 | 27 | 27 | 27 | 29 | 29 | |
| Total Liabilities | 81 | 78 | 38 | 39 | 50 | 62 | 61 | 62 | 87 | 110 | 140 | 172 |
| 0 | 0 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 36 | 35 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 33 | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 50 |
| 49 | 46 | 6 | 6 | 17 | 29 | 28 | 29 | 54 | 75 | 90 | 121 | |
| Total Assets | 81 | 78 | 38 | 39 | 50 | 62 | 61 | 62 | 87 | 110 | 140 | 172 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -10 | -1 | -1 | 10 | 12 | -0 | 1 | 26 | 22 | 28 | 23 | |
| 7 | 3 | 43 | -2 | -7 | -15 | -0 | 7 | -8 | 3 | -4 | 9 | |
| -8 | 7 | -39 | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | |
| Net Cash Flow | 0 | 0 | 3 | -3 | 3 | -3 | -0 | 8 | 18 | 24 | 24 | 32 |
| Free Cash Flow | 1 | -10 | -1 | -1 | 10 | 12 | -0 | 1 | 26 | 18 | 28 | 23 |
| CFO/OP | -1,100% | -794% | 40% | 165% | -396% | -392% | 124% | -19% | -731% | -528% | -749% | -644% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 2 | 2,659 | 0 | ||||||||
| Inventory Days | 0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 2 | 2 | 2,659 | 0 | ||||||||
| Working Capital Days | -1,830 | -959 | -23,881 | -251,850 | ||||||||
| ROCE % | 12% | 14% | 4% | 0% | 82% | 60% | -3% | 2% | 66% | 42% | 35% | 31% |
Insights
In beta| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lease Rental Income / Other Income INR Lakhs |
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| Number of Employees Count |
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| Number of Operational Properties Count |
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| Total Leasable Area (Juhu Property) Sq. Metres |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
27 May - Board approved FY26 audited standalone results and appointed internal auditor for FY27.
- Results - Financial Results For Half Year And Year Ended 31-03-2026 27 May
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On May 27, 2026
27 May - Board approved FY2026 audited standalone results with unmodified opinion and appointed internal auditor for 2026-27.
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Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI Listing Obligation And Disclosure Requirements, 2015 Of Board Meeting For Consideration And Approval Of Audited Financial Results For The Half Year And Year Ended March 31, 2026
21 May - Board meeting on May 27, 2026 to approve FY2026 audited standalone results.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Manas Properties confirms it is not a SEBI large corporate for FY2026.
Business Overview:[1]
MPL is a part of the Dev Land and Housing Private Limited (DHL) Group. It is in the business of acquiring properties and leasing it out to clients. Company owns a property measuring 3,078 square metres of built up area at Santacruz (West), Mumbai. This property is leased out to Junobo Hotels Private Limited, for operating Soho House, a private luxury club the lease rentals. Apart from this, company also acts as a real estate marketing and consultancy company and the business is undertaken by DHL.