MANINFRANSEMan Infraconstruction Limited· ConstructionHighNeutral
Announced Tue, 20 May · 13:39 IST

Man Infraconstruction Limited has submitted to the Exchange, the Audited financial results for the Quarter and year ended March 31, 2025.

Revenue DeclineResults RestatedRelated Party TransactionsResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Man Infraconstruction reported audited FY25 consolidated revenue from operations of Rs. 1,10,806.85 lakhs, down about 12.3% from Rs. 1,26,345.49 lakhs in FY24. Profit attributable to owners was Rs. 28,271.85 lakhs, a decline of roughly 6% YoY. The EPC segment revenue fell sharply by about 48% YoY to Rs. 41,338.66 lakhs, while the Real Estate segment grew about 32% to Rs. 69,846.88 lakhs, making real estate the larger contributor. For the quarter, Q4 FY25 revenue was nearly flat YoY at Rs. 29,379.91 lakhs, while attributable PAT rose about 18% to Rs. 7,692.57 lakhs. The Board declared a first interim dividend of Rs. 0.45 per share (22.5%) for FY26, with a record date of May 27, 2025. Statutory auditor G.M. Kapadia & Co. issued an unmodified (clean) opinion, and the company also noted that prior period figures were restated to reflect the amalgamation of two wholly-owned subsidiaries.

Likely market impact

Shareholders will receive a Rs. 0.45 interim dividend per share (record date May 27, 2025). The mixed business performance, with weakness in EPC offset by growth in real estate, is unlikely to be a strong positive catalyst. The clean audit opinion and restated results provide clarity, but the standalone business saw a sharper drop in revenue and profit, which may draw investor attention.