Man Infraconstruction Ltd

Man Infraconstruction Ltd

₹ 209 1.26%
26 Apr - close price
About

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]

Key Points

Business Segments FY23

  • Market Cap 7,768 Cr.
  • Current Price 209
  • High / Low 249 / 79.7
  • Stock P/E 24.9
  • Book Value 32.8
  • Dividend Yield 0.77 %
  • ROCE 32.0 %
  • ROE 26.4 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 31.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 34.7%
  • Company's working capital requirements have reduced from 303 days to 132 days

Cons

* 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

Sector: Construction Industry: Construction

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
152 209 153 247 297 264 352 401 457 680 510 215 242
123 170 84 171 252 209 285 307 328 556 401 151 139
Operating Profit 29 40 69 77 44 55 67 94 129 124 109 64 103
OPM % 19% 19% 45% 31% 15% 21% 19% 23% 28% 18% 21% 30% 42%
6 8 7 176 12 11 8 14 16 15 16 28 31
Interest 15 18 17 17 14 14 15 15 15 14 9 6 7
Depreciation 2 4 2 2 3 3 2 3 3 3 2 2 3
Profit before tax 19 25 57 233 39 50 58 90 127 122 114 83 123
Tax % 34% 22% 21% 26% -2% 16% 25% 30% 28% 25% 23% 21% 30%
13 20 45 172 40 41 44 63 91 92 87 65 87
EPS in Rs 0.34 0.42 0.88 3.00 0.94 1.01 1.05 1.44 2.28 2.20 2.22 1.88 2.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
489 447 397 275 226 452 652 371 267 427 961 1,890 1,647
410 409 381 245 191 343 453 271 269 331 714 1,476 1,247
Operating Profit 79 38 17 29 35 109 199 101 -2 97 248 414 400
OPM % 16% 9% 4% 11% 16% 24% 31% 27% -1% 23% 26% 22% 24%
48 51 45 66 33 51 44 46 32 26 202 53 90
Interest 7 4 1 7 21 40 56 54 57 58 62 58 37
Depreciation 25 18 12 12 8 8 8 7 7 9 9 11 10
Profit before tax 95 67 48 75 39 112 179 85 -34 55 379 397 442
Tax % 40% 27% 36% 35% 60% 42% 39% 50% 64% 40% 21% 27%
57 49 31 49 15 66 109 43 -12 33 299 289 330
EPS in Rs 1.46 1.30 0.78 1.28 0.47 1.43 1.79 1.13 -0.19 0.86 5.83 6.96 8.54
Dividend Payout % 41% 23% 23% 14% 215% 25% 20% 75% -191% 70% 22% 13%
Compounded Sales Growth
10 Years: 16%
5 Years: 24%
3 Years: 92%
TTM: 12%
Compounded Profit Growth
10 Years: 18%
5 Years: 31%
3 Years: 238%
TTM: 46%
Stock Price CAGR
10 Years: 33%
5 Years: 54%
3 Years: 101%
1 Year: 156%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 21%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 50 50 50 50 50 50 50 50 50 50 74 74 74
Reserves 489 529 549 588 552 605 639 644 620 625 785 1,015 1,145
Preference Capital 0 0 0 0 0 0 7 8 12 13 0 0
37 26 82 158 283 305 430 442 393 493 557 206 217
324 248 202 148 139 239 233 210 235 288 300 486 490
Total Liabilities 899 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781 1,926
80 73 58 43 37 40 34 83 81 59 60 61 58
CWIP 6 3 78 125 130 130 130 132 0 1 2 0 0
Investments 2 1 31 120 115 168 97 24 22 63 150 113 299
812 776 717 655 742 861 1,090 1,108 1,195 1,333 1,504 1,607 1,569
Total Assets 899 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781 1,926

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-85 -37 40 -45 -169 94 -169 16 88 78 187 448
60 34 -107 50 63 -59 87 119 83 -84 28 -102
1 -12 77 6 118 -17 44 -129 -137 20 -91 -458
Net Cash Flow -23 -16 10 11 12 18 -39 6 34 14 123 -111

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 111 121 131 182 199 77 54 132 112 89 48 64
Inventory Days 1,596 88 83 915 1,398 1,489 5,344 2,211 1,545 837 186
Days Payable 496 167 158 252 340 241 396 257 301 195 97
Cash Conversion Cycle 1,211 41 56 845 199 1,134 1,302 5,081 2,066 1,334 690 153
Working Capital Days 241 283 315 440 516 229 250 460 713 515 264 132
ROCE % 16% 12% 7% 8% 7% 15% 21% 12% 2% 10% 33% 32%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.10% 66.48% 66.72% 66.79% 66.87% 67.03% 67.12% 67.12% 67.12% 67.15% 67.19% 67.31%
0.04% 0.25% 0.86% 0.87% 0.83% 0.57% 0.41% 0.44% 2.39% 3.72% 3.50% 3.55%
0.00% 1.48% 1.63% 1.63% 1.63% 1.62% 1.62% 1.62% 1.67% 2.10% 2.09% 2.10%
33.85% 31.78% 30.79% 30.71% 30.67% 30.77% 30.84% 30.81% 28.81% 27.02% 27.19% 27.04%
No. of Shareholders 35,73748,40269,62270,07169,38970,88671,79070,94866,72574,56978,87487,458

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls