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NSE:MANINFRA

MAN INFRA LTD

Realty › Realty
₹111.50
at close · 28 Oct 2026
▲ 4.02 (+3.74%)

Latest filings

Next results: Thu, 29 Oct · Financial Results
  1. Man Infra buys back 1.50 lakh shares at average Rs 111.64 · Corporate Actions
  2. Man Infra buys back 105,000 shares at average Rs 107.5866 · Corporate Actions
  3. Company buys back 42,000 shares at an average price of Rs 102.43 · Corporate Actions
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Develops premium and ultra-luxury residential projects in Mumbai under the Aaradhya brand and the newer MS Collection Residences vertical, and runs an EPC (Engineering, Procurement and Construction) business oriented to port infrastructure. For FY26 (period ending March 31, 2026), the real estate segment booked ₹329.39 crore in segment revenue (52% of segment revenue, EBIT of ₹163.04 crore) and EPC booked ₹303.79 crore (48% of segment revenue, EBIT of ₹79.90 crore); a further ₹52.17 crore of EBIT is reported as unallocated. The FY27 launch pipeline is sized at roughly ₹5,600 crore of Gross Development Value, spread across Marine Lines, Tardeo, BKC and Pali Hill, and over 1 million sq ft of carpet area is slated for delivery across four projects within 6-18 months. EPC work includes a 26% stake in a special-purpose vehicle that will design, build, operate and transfer a multipurpose dry-bulk and break-bulk berth terminal at Paradip Port, Odisha. The cost stack is dominated by materials at 33.6% of revenue and other operating expenses at 67.1%, with employees at 11.9% and depreciation at 2.0%. The balance sheet is net debt-free with ₹686 crore of liquidity and net worth of ₹2,266 crore.

Revenue mix · reported segments
Real Estate52.0%
EPC (Engineering, Procurement and Construction)48.0%
Operating scale
FY27 launch pipeline
~₹5,600 crore GDVFY27
Carpet area under delivery
Over 1 million sq ft across 4 projectsNext 6-18 months
FY26 sales and collections
~₹1,800 crore sales; ~₹990 crore collections; 5 lakh sq ft carpet area soldFY26
Development portfolio
~₹18,625 crore GDV across 12 projectsFY26
US real estate exposure (MICL Global)
~US$1.4 billion GDV across 5 luxury Florida developmentsFY26
Aaradhya Parkwood (Dahisar)
1,000+ units, 90%+ sold out; first two towers due in <4 years from launchFY26
Who pays it
Mumbai homebuyers for the residential portfolio; port authorities, government entities and concession SPVs for EPC and BOT contracts.
Biggest cost
Construction materials at 33.6% of revenue, the largest disclosed input cost line.
Kind of business
Asset-heavy Mumbai-focused residential developer with an EPC arm concentrated on port and cargo infrastructure; net debt-free.
Where it sits
Listed Indian realty player with a Mumbai-centric premium and luxury housing pipeline and a separate EPC business; FY26 segment revenue split 52% real estate / 48% EPC, FY26 EBITDA margin 46.07%.
Market Cap
₹4,501 Cr
P / E (TTM)
20.8×
EV / EBITDA
15.2×
Div Yield
0.78%
Growth
8.1%▲
Revenue 5y CAGR
PAT +44.6% · EBITDA +19.1%
Quality
25.8%▲
ROCE (5y median)
ROE 20.0% (5y median) · margin 46.1%
Leverage
0.03·
Debt / Equity · low
Net cash ₹28 Cr
Revenue FY21→FY26
1.5×▲
Margin +25.7 pts
₹427 Cr → ₹630 Cr
Cash conversion
0.91×·
Operating cash ÷ profit · 5 yrs
₹1,291 Cr on ₹1,415 Cr
Moves on a normal day
1.39%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 66 Residential Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#30/57
P/B#33/64
ROCE#20/66
ROE#28/64
Debt / Equity#10/64
EBITDA margin#18/66
Revenue growth#29/67
Profit growth#33/66

Scorecard

Measured from the filed financials, judged against its Residential Commercial Projects peers · as of FY26 — not investment advice

Strengths
Profit compounding 45% a year over 5 years
Returns on capital 25.8% (5-year median)
#20 of 66 in Residential Commercial Projects on the latest reported figures
Debt at 0.03× equity
lower than 86% of its 64 Residential Commercial Projects peers
Concerns
Heavy working capital — 426 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

MANINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MAN INFRA LTD's filed financials and exchange disclosures

What does MAN INFRA LTD do?

MAN INFRA LTD is a Realty company listed on NSE and BSE, trading under the symbol MANINFRA.

Is MAN INFRA LTD profitable?

Yes. Over the trailing twelve months MAN INFRA LTD reported a net profit of ₹215 Cr on revenue of ₹666 Cr.

Does MAN INFRA LTD pay a dividend?

Yes. The dividend yield is 0.78% at the current price. It paid out 17% of its profit as dividend in FY26.

Is MAN INFRA LTD debt-free?

On a net basis, yes. It reported borrowings of ₹58 Cr on its 31 Mar 2026 balance sheet, but holds ₹28 Cr more cash than debt.

Is MAN INFRA LTD expensive compared with its peers?

On trailing P/E, MAN INFRA LTD ranks 30 of 57 in Residential Commercial Projects — cheaper than 48% of them, against an industry median of 20.5×. This is a position, not a valuation judgement.

How much does the MAN INFRA LTD share price move in a day?

On a typical session MAN INFRA LTD moves 1.39% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are MAN INFRA LTD's next results?

Financial Results on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track MAN INFRA LTD's announcements?

Every NSE and BSE filing by MAN INFRA LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.