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 ₹ 6,804 Cr.
- Current Price ₹ 181
- High / Low ₹ 263 / 135
- Stock P/E 24.1
- Book Value ₹ 47.0
- Dividend Yield 0.50 %
- ROCE 23.6 %
- ROE 17.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 44.8 to 28.7 days.
Cons
- Promoter holding has decreased over last quarter: -1.52%
- Earnings include an other income of Rs.123 Cr.
- Working capital days have increased from 246 days to 394 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
Industrials Construction Construction Civil Construction
Part of BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 397 | 275 | 226 | 452 | 652 | 371 | 267 | 427 | 961 | 1,890 | 1,263 | 1,108 | |
| 381 | 245 | 191 | 343 | 453 | 271 | 269 | 331 | 714 | 1,476 | 937 | 808 | |
| Operating Profit | 17 | 29 | 35 | 109 | 199 | 101 | -2 | 97 | 248 | 414 | 326 | 301 |
| OPM % | 4% | 11% | 16% | 24% | 31% | 27% | -1% | 23% | 26% | 22% | 26% | 27% |
| 45 | 66 | 33 | 51 | 44 | 46 | 32 | 26 | 202 | 53 | 116 | 123 | |
| Interest | 1 | 7 | 21 | 40 | 56 | 54 | 57 | 58 | 62 | 58 | 35 | 15 |
| Depreciation | 12 | 12 | 8 | 8 | 8 | 7 | 7 | 9 | 9 | 11 | 10 | 8 |
| Profit before tax | 48 | 75 | 39 | 112 | 179 | 85 | -34 | 55 | 379 | 397 | 397 | 401 |
| Tax % | 36% | 35% | 60% | 42% | 39% | 50% | -64% | 40% | 21% | 27% | 24% | 22% |
| 31 | 49 | 15 | 66 | 109 | 43 | -12 | 33 | 299 | 289 | 303 | 313 | |
| EPS in Rs | 0.78 | 1.28 | 0.47 | 1.43 | 1.79 | 1.13 | -0.19 | 0.86 | 5.83 | 6.96 | 8.09 | 7.53 |
| Dividend Payout % | 23% | 14% | 215% | 25% | 20% | 75% | -191% | 70% | 22% | 13% | 20% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 33% |
| 3 Years: | 5% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 111% |
| 3 Years: | 10% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 71% |
| 3 Years: | 34% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 22% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 74 | 74 | 74 | 75 |
| Reserves | 549 | 588 | 552 | 605 | 639 | 644 | 620 | 625 | 785 | 1,015 | 1,389 | 1,688 |
| 82 | 158 | 283 | 305 | 437 | 450 | 405 | 506 | 557 | 206 | 131 | 36 | |
| 202 | 148 | 139 | 239 | 226 | 202 | 224 | 275 | 300 | 486 | 560 | 378 | |
| Total Liabilities | 883 | 943 | 1,024 | 1,198 | 1,351 | 1,347 | 1,298 | 1,456 | 1,716 | 1,781 | 2,154 | 2,177 |
| 58 | 43 | 37 | 40 | 34 | 83 | 81 | 59 | 60 | 61 | 53 | 49 | |
| CWIP | 78 | 125 | 130 | 130 | 130 | 132 | 0 | 1 | 2 | 0 | 0 | 0 |
| Investments | 31 | 120 | 115 | 168 | 97 | 24 | 22 | 63 | 150 | 113 | 277 | 272 |
| 717 | 655 | 742 | 861 | 1,090 | 1,108 | 1,195 | 1,333 | 1,504 | 1,607 | 1,824 | 1,856 | |
| Total Assets | 883 | 943 | 1,024 | 1,198 | 1,351 | 1,347 | 1,298 | 1,456 | 1,716 | 1,781 | 2,154 | 2,177 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 40 | -45 | -169 | 94 | -169 | 16 | 88 | 78 | 187 | 448 | 573 | 133 | |
| -107 | 50 | 63 | -59 | 87 | 119 | 83 | -84 | 28 | -102 | -397 | -115 | |
| 77 | 6 | 118 | -17 | 44 | -129 | -137 | 20 | -91 | -458 | -28 | -116 | |
| Net Cash Flow | 10 | 11 | 12 | 18 | -39 | 6 | 34 | 14 | 123 | -111 | 148 | -98 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 131 | 182 | 199 | 77 | 54 | 132 | 112 | 89 | 48 | 64 | 42 | 29 |
| Inventory Days | 83 | 915 | 1,398 | 1,489 | 5,344 | 2,211 | 1,545 | 837 | 186 | 743 | 599 | |
| Days Payable | 158 | 252 | 340 | 241 | 396 | 257 | 301 | 195 | 97 | 181 | 89 | |
| Cash Conversion Cycle | 56 | 845 | 199 | 1,134 | 1,302 | 5,081 | 2,066 | 1,334 | 690 | 153 | 604 | 539 |
| Working Capital Days | 315 | 440 | 516 | 229 | 250 | 460 | 713 | 515 | 264 | 132 | 214 | 394 |
| ROCE % | 7% | 8% | 7% | 15% | 21% | 12% | 2% | 10% | 33% | 32% | 28% | 24% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 27 Jun
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Jun
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025, till 48 hours post June 30 quarter results declaration.
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Intimation Of Cancellation Of Analyst(S)/Institutional Investor(S) Meet.
23 Jun - Cancellation of analyst/institutional investor meeting scheduled for June 25, 2025.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
23 Jun - Promoter Mansi P. Shah acquired 67,000 shares on 20.06.2025, increasing holding to 15.53%.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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May 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Nov 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
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Dec 2015TranscriptNotesPPT
Business Segments