Man Infraconstruction Ltd

Man Infraconstruction Ltd

₹ 100 0.51%
06 Jun 2:05 p.m.
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

  • Market Cap 3,730 Cr.
  • Current Price 100
  • High / Low 102 / 66.2
  • Stock P/E 14.4
  • Book Value 29.3
  • Dividend Yield 0.88 %
  • ROCE 33.6 %
  • ROE 26.5 %
  • 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 39.0%
  • Company's working capital requirements have reduced from 304 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
95 23 43 152 209 153 247 297 264 352 401 457 680
90 9 29 123 170 84 171 252 209 285 307 328 556
Operating Profit 6 14 13 29 40 69 77 44 55 67 94 129 124
OPM % 6% 60% 31% 19% 19% 45% 31% 15% 21% 19% 23% 28% 18%
9 6 7 6 8 7 176 12 11 8 14 16 15
Interest 13 12 13 15 18 17 17 14 14 15 15 15 14
Depreciation 2 2 2 2 4 2 2 3 3 2 3 3 3
Profit before tax -1 6 5 19 25 57 233 39 50 58 90 127 122
Tax % -40% 77% 108% 34% 22% 21% 26% -2% 16% 25% 30% 28% 25%
Net Profit -2 1 -0 13 20 45 172 40 41 44 63 91 92
EPS in Rs -0.01 0.06 0.04 0.34 0.42 0.88 3.00 0.94 1.01 1.05 1.44 2.28 2.20
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
489 447 397 275 226 452 652 371 267 427 961 1,890
410 409 381 245 191 343 453 271 269 331 714 1,476
Operating Profit 79 38 17 29 35 109 199 101 -2 97 248 414
OPM % 16% 9% 4% 11% 16% 24% 31% 27% -1% 23% 26% 22%
48 51 45 66 33 51 44 46 32 26 202 53
Interest 7 4 1 7 21 40 56 54 57 58 62 58
Depreciation 25 18 12 12 8 8 8 7 7 9 9 11
Profit before tax 95 67 48 75 39 112 179 85 -34 55 379 397
Tax % 40% 27% 36% 35% 60% 42% 39% 50% 64% 40% 21% 27%
Net Profit 57 49 31 49 15 66 109 43 -12 33 299 289
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
Dividend Payout % 41% 23% 23% 14% 215% 25% 20% 75% -191% 70% 22% 26%
Compounded Sales Growth
10 Years: 16%
5 Years: 24%
3 Years: 92%
TTM: 97%
Compounded Profit Growth
10 Years: 18%
5 Years: 31%
3 Years: 238%
TTM: 20%
Stock Price CAGR
10 Years: 18%
5 Years: 24%
3 Years: 100%
1 Year: 11%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 21%
Last Year: 27%

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
50 50 50 50 50 50 56 58 61 63 74 74
Reserves 489 529 549 588 552 605 639 644 620 625 785 1,015
37 26 82 158 283 305 430 442 393 493 557 206
324 248 202 148 139 239 233 210 235 288 300 486
Total Liabilities 899 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781
80 73 58 43 37 40 34 83 81 59 60 61
CWIP 6 3 78 125 130 130 130 132 0 1 2 0
Investments 2 1 31 120 115 168 97 24 22 63 150 113
812 776 717 655 742 861 1,090 1,108 1,195 1,333 1,504 1,607
Total Assets 899 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781

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 -82 -458
Net Cash Flow -23 -16 10 11 12 18 -39 6 34 14 132 -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 % 17% 12% 7% 8% 7% 16% 23% 12% 2% 10% 34% 34%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
64.58 65.22 65.50 65.72 66.10 66.48 66.72 66.79 66.87 67.03 67.12 67.12
0.03 0.03 0.01 0.03 0.04 0.25 0.86 0.87 0.83 0.57 0.41 0.44
0.95 0.95 0.95 0.00 0.00 1.48 1.63 1.63 1.63 1.62 1.62 1.62
34.44 33.80 33.54 34.25 33.85 31.78 30.79 30.71 30.67 30.77 30.84 30.81

* 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

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