Man InfraConstruction Ltd.
NSE: MANINFRA · Infrastructure
Sector
Infrastructure
Size band
Small cap
Market cap
3,612cr
P/E
22.5
ROE
10.9%
Dividend yield
1%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Construction - Infrastructure · largest 12 of 30 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Rail Vikas Nigam Ltd. | 4.3% | 10.5% |
| IRB Infrastructure Developers Ltd. | 54.0% | 1.8% |
| NCC Ltd. | 9.0% | 12.2% |
| GR Infraprojects Ltd. | 17.0% | 40.0% |
| Ceigall India Ltd. | 15.0% | 15.8% |
| PNC Infratech Ltd. | 31.0% | 18.6% |
| Hindustan Construction Company Ltd. | 11.0% | −9.0% |
| PDS Ltd. | 2.8% | 14.8% |
| Man InfraConstruction Ltd. | 33.0% | 19.1% |
| J Kumar Infraprojects Ltd. | 14.0% | 1.8% |
| Ramky Infrastructure Ltd. | 6.0% | 24.3% |
| KNR Constructions Ltd. | 16.0% | −4.1% |
What management said
10 statements on recordEarnings call · Q1 FY27 · 26 Aug 2026
- Profit after tax growth→over 25% growth in profit after tax over FY26· FY27
“Coming to our outlook of FY27, we continue to maintain our guidance of delivering over 25% growth in profit after tax over FY26.”
- Cumulative pre-sales→₹5,000 crore· over the next two years
“From a sales perspective, as we had communicated earlier, we continue to target cumulative pre-sales of ₹5,000 crore over the next two years, driven by our robust launches of pipeline and the projects that we’ve acquired.”
- Launch pipeline→nearly 1.1 million square feet of carpet area and over ₹6,600 crores of estimated GDV· this year
“Looking forward, we are also entering one of the most exciting phases in the MICL’s growth journey, where one of the largest launches of MICL group is planned this year. This comprises of nearly 1.1 million square feet of carpet area and over ₹6,600 crores of estimated GDV.”
- Delivery pipeline→over 1 million square feet carpet area
“Similarly to our robust launch pipeline, we also have delivery of over 1 million square feet carpet area planned.”
- Development portfolio GDV→over ₹35,000 crores· by 2031
“As we shared during our Vision 2031 presentation earlier this year, we remained committed to building a development portfolio with a cross-development value of over ₹35,000 crores by 2031.”
- Cash flow generation→₹3,000 crores· in the next three years’ time
“In the next three years’ time, the company would be generating ₹3,000 crores of its cash flow which again gives me significant money and dry powder to run through and acquire significantly larger projects.”
- Project bottom line margin→20 to 25% bottom line
“And the rest of the projects we are confident on 20 to 25% bottom line.”
- DM project returns→2.5x - 3x returns
“And so basically in terms of margins, like I said, DM has a 2.5x - 3x returns in an average case scenario basis.”
- Debt→remain debt free
“And the intention is just to remain debt free because without adding on to debt, we are able to acquire significantly larger projects and continuously increase portfolio.”
- EPC / in-house future order book→₹ 9 to 10,000 crore
“So, we have a ₹ 9 to 10,000 crore of future order book of our own residential and commercial portfolio that we have been doing under the real estate sector.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
On air
6 calls · outcomes not trackedRecorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.
| Channel & show | Aired | Stated target | Stated stop | Outcome |
|---|---|---|---|---|
| CNBC AwaazCNBC Awaax · no registration attached | 8 Sep | +5.5% | -3.1% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 8 Sep | +5.5% | -1.4% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 8 Sep | +5.5% | — | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 7 Sep | +4.5% | -1.0% | still open |
| Zee BusinessZee Business · no registration attached | 27 Aug | +1.0% | -4.2% | still open |
| Zee BusinessZee Business · no registration attached | 27 Aug | +3.5% | -1.8% | still open |
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Change |
|---|---|---|---|---|---|
| Promoters | 62.5 | 62.5 | 62.4 | 62.3 | +0.2 |
| Foreign institutions | 1.9 | 3.8 | 3.9 | 5.2 | −3.3 |
| Domestic institutions | 1.1 | 1.9 | 2.0 | 2.0 | −0.9 |
| Retail & others | 34.4 | 31.8 | 31.6 | 30.5 | +3.9 |
As filed with the exchange for the periods ending Sep 25 to Jun 26.
Filings
latest 25 of 279- General Updates4 Sept 2026
- We wish to inform you that the Company as on September 04, 2026 has sent an Intimation through electronic mode regarding Open market Buyback through Stock exchanges to its shareholders.4 Sept 2026
- Cumulative Capital Pvt Ltd ("Manager to the Buyback Offer") has submitted to BSE a copy of Public Announcement for the attention of the equity shareholders/benefical owners of the equity ....3 Sept 2026
- Copy of Newspaper Publication3 Sept 2026
- Please find enclosed herewith Newspaper Publication of Public Announcement pertaining to Buyback.3 Sept 2026
- Please find enclosed herewith Newspaper Advertisement of Public Announcement w.r.t Buyback of Equity Shares of the Company from Open market through Stock exchange mechanism.3 Sept 2026
- Public Announcement - Buyback of Shares3 Sept 2026
- Buyback2 Sept 2026
- Please find enclosed herewith Board Resolution w.r.t. Buy-back of equity shares of the Company.2 Sept 2026
- Please find enclosed outcome of Board Meeting approving Buy-back of equity shares of the Company.1 Sept 2026
- Outcome of Board Meeting1 Sept 2026
- Further to our letter dated August 26, 2026 intimating about the meeting of Board of Directors to be held today, we hereby inform you that the Board of Directors of the Company has, inter ....1 Sept 2026
- Man Infraconstruction Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/09/2026 ,inter alia, to consider and approve the proposal of Buyback ....26 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates26 Aug 2026
- Please find enclosed the Transcript of Q1 FY27 Virtual Analyst Meet held on Friday August 21, 2026.26 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates21 Aug 2026
- Shareholders meeting21 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates18 Aug 2026
- General Updates17 Aug 2026
- General Updates13 Aug 2026
- Retirement12 Aug 2026
- Shareholders meeting12 Aug 2026
- Press Release12 Aug 2026
- General Updates12 Aug 2026
- Statement of deviation(s) or variation(s) under Reg. 3212 Aug 2026
The 25 most recent of 279 filings we hold for MANINFRA, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.