Man Infraconstruction Ltd
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]
- Market Cap ₹ 5,072 Cr.
- Current Price ₹ 126
- High / Low ₹ 180 / 77.1
- Stock P/E 33.0
- Book Value ₹ 52.0
- Dividend Yield 0.72 %
- ROCE 10.7 %
- ROE 7.96 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 24.3%
Cons
- Company has a low return on equity of 10.9% over last 3 years.
- Earnings include an other income of Rs.113 Cr.
- Promoter holding has decreased over last 3 years: -4.60%
- Working capital days have increased from 702 days to 1,037 days
* 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
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 192 | 212 | 158 | 193 | 166 | 107 | 120 | 237 | 798 | 708 | 395 | 286 | 289 | |
| 175 | 190 | 130 | 175 | 126 | 109 | 116 | 175 | 661 | 550 | 304 | 223 | 182 | |
| Operating Profit | 17 | 21 | 29 | 18 | 41 | -2 | 4 | 61 | 137 | 158 | 91 | 63 | 107 |
| OPM % | 9% | 10% | 18% | 9% | 25% | -1.5% | 3.1% | 26% | 17% | 22% | 23% | 22% | 37% |
| 68 | 52 | 67 | 90 | 108 | 96 | 114 | 75 | 83 | 125 | 123 | 152 | 113 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 0 | 5 | 5 | 4 | 4 | 4 |
| Depreciation | 10 | 7 | 5 | 5 | 4 | 5 | 6 | 5 | 7 | 7 | 7 | 9 | 10 |
| Profit before tax | 73 | 65 | 89 | 102 | 143 | 89 | 110 | 131 | 209 | 271 | 202 | 201 | 207 |
| Tax % | 31% | 34% | 33% | 28% | 24% | 22% | 16% | 19% | 20% | 21% | 23% | 23% | |
| 51 | 43 | 60 | 74 | 109 | 69 | 92 | 106 | 166 | 215 | 157 | 155 | 153 | |
| EPS in Rs | 1.36 | 1.16 | 1.61 | 1.98 | 2.92 | 1.85 | 2.49 | 2.85 | 4.47 | 5.80 | 4.18 | 3.84 | 3.81 |
| Dividend Payout % | 13% | 88% | 22% | 18% | 29% | 20% | 24% | 44% | 20% | 28% | 22% | 23% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 19% |
| 3 Years: | -29% |
| TTM: | -25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 10% |
| 3 Years: | -3% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 18% |
| 3 Years: | -4% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 74 | 74 | 74 | 75 | 81 |
| Reserves | 581 | 574 | 634 | 678 | 757 | 811 | 881 | 930 | 1,062 | 1,412 | 1,581 | 2,020 |
| 3 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 11 | 9 | 0 | 0 | |
| 74 | 73 | 96 | 70 | 55 | 68 | 106 | 105 | 252 | 169 | 113 | 120 | |
| Total Liabilities | 708 | 696 | 780 | 798 | 871 | 929 | 1,037 | 1,109 | 1,399 | 1,664 | 1,769 | 2,220 |
| 36 | 31 | 32 | 30 | 52 | 48 | 44 | 41 | 44 | 46 | 45 | 49 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 1 | 2 | 0 | 0 | 0 | 0 |
| Investments | 139 | 148 | 220 | 142 | 90 | 90 | 136 | 152 | 293 | 473 | 477 | 866 |
| 533 | 517 | 528 | 626 | 728 | 790 | 856 | 914 | 1,062 | 1,145 | 1,248 | 1,304 | |
| Total Assets | 708 | 696 | 780 | 798 | 871 | 929 | 1,037 | 1,109 | 1,399 | 1,664 | 1,769 | 2,220 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14 | 20 | 35 | 27 | -10 | 15 | 23 | 16 | 25 | 230 | 15 | 47 | |
| 50 | 31 | -58 | 7 | 22 | 22 | -11 | 41 | -31 | -206 | -61 | -353 | |
| -20 | -46 | -0 | -30 | -32 | -15 | -23 | -32 | -37 | 64 | 9 | 284 | |
| Net Cash Flow | 16 | 6 | -23 | 4 | -20 | 22 | -12 | 26 | -43 | 87 | -36 | -22 |
| Free Cash Flow | -0 | 13 | 81 | 28 | -29 | 21 | 33 | 26 | 16 | 222 | 10 | 33 |
| CFO/OP | 42% | 181% | 203% | 330% | 51% | -2,131% | 1,119% | 68% | 45% | 181% | 69% | 152% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 243 | 210 | 276 | 112 | 135 | 111 | 127 | 118 | 99 | 32 | 55 | 46 |
| Inventory Days | 25 | 12 | 19 | 12 | 18 | 34 | 14 | 22 | 1 | 4 | 10 | 4 |
| Days Payable | 170 | 141 | 243 | 175 | 152 | 157 | 171 | 144 | 87 | 55 | 145 | 72 |
| Cash Conversion Cycle | 98 | 80 | 52 | -50 | 2 | -12 | -30 | -5 | 13 | -19 | -81 | -22 |
| Working Capital Days | 503 | 402 | 696 | 686 | 1,092 | 1,886 | 1,483 | 840 | 258 | 310 | 758 | 1,037 |
| ROCE % | 9% | 10% | 12% | 13% | 19% | 11% | 12% | 14% | 20% | 21% | 13% | 11% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Carpet Area Sold (Group, incl. JV/Associates/DM) Lakh sq ft |
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| Real Estate Collections (Group, incl. JV/Associates/DM) INR Cr |
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| Real Estate Sales (Group, incl. JV/Associates/DM) INR Cr |
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| EPC Order Book INR Cr |
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| Real Estate Portfolio GDV (Group) INR Cr |
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| Carpet Area Delivered (Cumulative, Group) Million sq ft |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
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Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
- Daily buyback report: 4,00,000 shares bought on Sept. 17, 2026; cumulative buyback reaches 39,34,145 shares.
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
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Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
- Man Infraconstruction bought back 8,00,000 shares on September 15, 2026; cumulative buyback reached 28,34,145.
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT REC
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May 2026PPT
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Feb 2026PPT
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Nov 2025PPT
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Aug 2025PPT
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May 2025Transcript PPT
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Feb 2025PPT
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Feb 2025PPT
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Nov 2024PPT
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Aug 2024PPT
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Aug 2024PPT
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May 2024Transcript PPT
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May 2024PPT
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May 2024PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022PPT
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Aug 2022PPT
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May 2022PPT
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Feb 2022PPT
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Nov 2021PPT
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Aug 2021PPT
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Jun 2021PPT
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Feb 2021PPT
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Jul 2020PPT
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Jul 2020PPT
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May 2019PPT
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Feb 2019PPT
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Nov 2018PPT
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May 2018PPT
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Nov 2017PPT
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Aug 2017PPT
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Sep 2016PPT
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Jun 2016PPT
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Dec 2015PPT
Business Segments