Man InfraConstruction Ltd.
•₹ 108.67-1.47%
2026-08-21
PROS
- Company has delivered good profit growth of 44.6% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 22.9%
- Company has consistently been profitable over the last 5 years
- Company comfortably covers its interest (28.8x coverage)
- Company generates healthy free cash flow
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (58.5% of PBT)
- Recent results are weak - TTM profit is down 30.7% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -4.8pp
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | MANINFRA | 110.01 | 20.50 | 4440.74 | 0.82 | 627.43 | 975.82 | 2183.13 | 976.21 | 14.32 | 35.02 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 510 | 215 | 242 | 297 | 342 | 230 | 242 | 294 | 183 | 149 | 153 | 146 | 218 | |
| 401 | 150 | 139 | 247 | 258 | 203 | 136 | 187 | 142 | 112 | 121 | 127 | 155 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 14 | 28 | 20 | 36 | 27 | 30 | 33 | 34 | 43 | 38 | 39 | 41 | 17 |
| Interest | 9 | 6 | 7 | 12 | 4 | 3 | 3 | 5 | 3 | 2 | 2 | 3 | 5 |
| Depreciation | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 3 |
| 112 | 84 | 112 | 71 | 105 | 52 | 135 | 133 | 78 | 70 | 66 | 54 | 85 | |
| Tax % | 23.94% | 21.20% | 32.83% | 17.81% | 27.58% | 30.23% | 3.62% | 28.85% | 27.62% | 25.68% | 31.25% | 25.62% | 25.85% |
| Net Profit | 0 | 0 | 0 | 0 | 84 | 47 | 84 | 97 | 58 | 60 | 52 | 41 | 63 |
| 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 74 | 74 | 74 | 74 | 74 | 74 | 75 | 75 | 77 | 81 | 81 | 81 | 81 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 74 | 74 | 74 | 74 | 74 | 74 | 75 | 75 | 77 | 81 | 81 | 81 | 81 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 510
- 401
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 9
- Depreciation
- 2
- 112
- Tax %
- 23.94%
- Net Profit
- 0
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 215
- 150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 6
- Depreciation
- 2
- 84
- Tax %
- 21.20%
- Net Profit
- 0
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 242
- 139
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 7
- Depreciation
- 3
- 112
- Tax %
- 32.83%
- Net Profit
- 0
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 297
- 247
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 12
- Depreciation
- 3
- 71
- Tax %
- 17.81%
- Net Profit
- 0
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 342
- 258
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 4
- Depreciation
- 2
- 105
- Tax %
- 27.58%
- Net Profit
- 84
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 230
- 203
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 3
- Depreciation
- 2
- 52
- Tax %
- 30.23%
- Net Profit
- 47
- 1
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 242
- 136
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 3
- Depreciation
- 2
- 135
- Tax %
- 3.62%
- Net Profit
- 84
- 2
- Equity Capital
- 75
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 75
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 294
- 187
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 5
- Depreciation
- 2
- 133
- Tax %
- 28.85%
- Net Profit
- 97
- 2
- Equity Capital
- 75
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 75
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 183
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 3
- Depreciation
- 2
- 78
- Tax %
- 27.62%
- Net Profit
- 58
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 149
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 2
- Depreciation
- 3
- 70
- Tax %
- 25.68%
- Net Profit
- 60
- 1
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 153
- 121
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 2
- Depreciation
- 4
- 66
- Tax %
- 31.25%
- Net Profit
- 52
- 1
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 146
- 127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 3
- Depreciation
- 4
- 54
- Tax %
- 25.62%
- Net Profit
- 41
- 1
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 218
- 155
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 5
- Depreciation
- 3
- 85
- Tax %
- 25.85%
- Net Profit
- 63
- 0
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 81
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 452 | 652 | 371 | 267 | 427 | 961 | 1,890 | 1,263 | 1,108 | 630 | 666 | |
| 347 | 452 | 271 | 269 | 331 | 714 | 1,476 | 937 | 784 | 507 | 515 | |
| Operating Profit | 154 | 244 | 132 | 25 | 121 | 449 | 462 | 423 | 447 | 290 | — |
| OPM % | 34 | 38 | 36 | 9 | 28 | 47 | 24 | 33 | 40 | 46 | — |
| Other Income | 49 | 45 | 32 | 27 | 25 | 201 | 48 | 97 | 123 | 167 | 135 |
| Interest | 40 | 56 | 54 | 57 | 58 | 62 | 58 | 35 | 15 | 10 | 12 |
| Depreciation | 8 | 8 | 7 | 7 | 9 | 9 | 11 | 10 | 8 | 12 | 13 |
| 112 | 179 | 85 | -34 | 55 | 379 | 397 | 397 | 401 | 285 | 274 | |
| Tax % | 42 | 39 | 50 | 64 | 39 | 21 | 27 | 24 | 22 | 26 | 27 |
| Net Profit | 66 | 109 | 43 | -12 | 33 | 299 | 289 | 303 | 313 | 211 | 200 |
| EPS | 2 | 3 | 2 | -0 | 1 | 6 | 7 | 8 | 8 | 5 | — |
| Dividend Payout % | 25 | 20 | 75 | -191 | 70 | 22 | 13 | 20 | 12 | 18 | — |
| Minority Interest | -13 | -43 | -1 | 5 | -1 | -82 | -30 | -3 | -30 | -10 | -9 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| Adjusted EPS | 1 | 2 | 1 | -0 | 1 | 6 | 7 | 8 | 8 | 5 | — |
| Minority Interest | -13 | -43 | -1 | 5 | -1 | -82 | -30 | -3 | -30 | -10 | -9 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| Adjusted EPS | 1 | 2 | 1 | -0 | 1 | 6 | 7 | 8 | 8 | 5 | — |
Mar 2017
- 452
- 347
- Operating Profit
- 154
- OPM %
- 34
- Other Income
- 49
- Interest
- 40
- Depreciation
- 8
- 112
- Tax %
- 42
- Net Profit
- 66
- EPS
- 2
- Dividend Payout %
- 25
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 652
- 452
- Operating Profit
- 244
- OPM %
- 38
- Other Income
- 45
- Interest
- 56
- Depreciation
- 8
- 179
- Tax %
- 39
- Net Profit
- 109
- EPS
- 3
- Dividend Payout %
- 20
- Minority Interest
- -43
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -43
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 371
- 271
- Operating Profit
- 132
- OPM %
- 36
- Other Income
- 32
- Interest
- 54
- Depreciation
- 7
- 85
- Tax %
- 50
- Net Profit
- 43
- EPS
- 2
- Dividend Payout %
- 75
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 267
- 269
- Operating Profit
- 25
- OPM %
- 9
- Other Income
- 27
- Interest
- 57
- Depreciation
- 7
- -34
- Tax %
- 64
- Net Profit
- -12
- EPS
- -0
- Dividend Payout %
- -191
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 5
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2021
- 427
- 331
- Operating Profit
- 121
- OPM %
- 28
- Other Income
- 25
- Interest
- 58
- Depreciation
- 9
- 55
- Tax %
- 39
- Net Profit
- 33
- EPS
- 1
- Dividend Payout %
- 70
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 961
- 714
- Operating Profit
- 449
- OPM %
- 47
- Other Income
- 201
- Interest
- 62
- Depreciation
- 9
- 379
- Tax %
- 21
- Net Profit
- 299
- EPS
- 6
- Dividend Payout %
- 22
- Minority Interest
- -82
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -82
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 1,890
- 1,476
- Operating Profit
- 462
- OPM %
- 24
- Other Income
- 48
- Interest
- 58
- Depreciation
- 11
- 397
- Tax %
- 27
- Net Profit
- 289
- EPS
- 7
- Dividend Payout %
- 13
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2024
- 1,263
- 937
- Operating Profit
- 423
- OPM %
- 33
- Other Income
- 97
- Interest
- 35
- Depreciation
- 10
- 397
- Tax %
- 24
- Net Profit
- 303
- EPS
- 8
- Dividend Payout %
- 20
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 1,108
- 784
- Operating Profit
- 447
- OPM %
- 40
- Other Income
- 123
- Interest
- 15
- Depreciation
- 8
- 401
- Tax %
- 22
- Net Profit
- 313
- EPS
- 8
- Dividend Payout %
- 12
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2026
- 630
- 507
- Operating Profit
- 290
- OPM %
- 46
- Other Income
- 167
- Interest
- 10
- Depreciation
- 12
- 285
- Tax %
- 26
- Net Profit
- 211
- EPS
- 5
- Dividend Payout %
- 18
- Minority Interest
- -10
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -10
- Share of Associates
- 0
- Adjusted EPS
- 5
TTM
- 666
- 515
- Operating Profit
- —
- OPM %
- —
- Other Income
- 135
- Interest
- 12
- Depreciation
- 13
- 274
- Tax %
- 27
- Net Profit
- 200
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -9
- Share of Associates
- 20
- Adjusted EPS
- —
- Minority Interest
- -9
- Share of Associates
- 20
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 8%
- 3 Years:
- -31%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 28%
- 5 Years:
- 44%
- 3 Years:
- -8%
STOCK PRICE CAGR
- 10 Years:
- 13%
- 5 Years:
- 20%
- 3 Years:
- -7%
- 1 Year:
- -33%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 25%
- 3 Years:
- 19%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 74 | 74 | 74 | 75 | 81 |
| 605 | 639 | 644 | 620 | 625 | 785 | 1,015 | 1,253 | 1,568 | 2,186 | |
| 56 | 48 | 47 | 39 | 183 | 180 | 194 | 67 | 36 | 40 | |
| Trade Payables | 57 | 52 | 29 | 44 | 78 | 104 | 199 | 123 | 79 | 74 |
| 423 | 555 | 568 | 495 | 469 | 508 | 258 | 620 | 400 | 379 | |
| Total Liabilities | 1,190 | 1,343 | 1,338 | 1,249 | 1,405 | 1,652 | 1,739 | 2,139 | 2,158 | 2,759 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 40 | 34 | 32 | 36 | 43 | 51 | 55 | 45 | 42 | 55 | |
| Capital Work in Progress | 0 | 0 | 2 | 0 | 1 | 2 | 0 | 0 | 0 | 0 |
| 168 | 97 | 24 | 22 | 63 | 150 | 113 | 277 | 272 | 530 | |
| 233 | 320 | 385 | 380 | 403 | 449 | 380 | 505 | 530 | 738 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144 | 87 | 71 | |
| Cash & Bank | 183 | 143 | 137 | 141 | 213 | 360 | 298 | 549 | 423 | 435 |
| 566 | 749 | 758 | 669 | 682 | 639 | 893 | 619 | 803 | 930 | |
| Total Assets | 1,190 | 1,343 | 1,338 | 1,249 | 1,405 | 1,652 | 1,739 | 2,139 | 2,158 | 2,759 |
| Total Debt | 305 | 437 | 450 | 405 | 506 | 557 | 206 | 131 | 36 | 58 |
| Net Working Capital | 546 | 599 | 565 | 624 | 684 | 1,011 | 789 | 1,332 | 1,583 | 1,921 |
| Contingent Liabilities | 318 | 301 | 117 | 94 | 89 | 89 | 89 | 53 | 168 | 342 |
| Book Value per Share | 26.44 | 27.81 | 28.04 | 27.06 | 27.27 | 23.15 | 29.34 | 35.76 | 43.79 | 56.15 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 305 | 437 | 450 | 405 | 506 | 557 | 206 | 131 | 36 | 58 |
| Net Working Capital | 546 | 599 | 565 | 624 | 684 | 1,011 | 789 | 1,332 | 1,583 | 1,921 |
| Contingent Liabilities | 318 | 301 | 117 | 94 | 89 | 89 | 89 | 53 | 168 | 342 |
| Book Value per Share | 26.44 | 27.81 | 28.04 | 27.06 | 27.27 | 23.15 | 29.34 | 35.76 | 43.79 | 56.15 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 50
- 605
- 56
- Trade Payables
- 57
- 423
- Total Liabilities
- 1,190
- 40
- Capital Work in Progress
- 0
- 168
- 233
- 0
- Cash & Bank
- 183
- 566
- Total Assets
- 1,190
- Total Debt
- 305
- Net Working Capital
- 546
- Contingent Liabilities
- 318
- Book Value per Share
- 26.44
- Face Value
- 2.00
- Total Debt
- 305
- Net Working Capital
- 546
- Contingent Liabilities
- 318
- Book Value per Share
- 26.44
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 50
- 639
- 48
- Trade Payables
- 52
- 555
- Total Liabilities
- 1,343
- 34
- Capital Work in Progress
- 0
- 97
- 320
- 0
- Cash & Bank
- 143
- 749
- Total Assets
- 1,343
- Total Debt
- 437
- Net Working Capital
- 599
- Contingent Liabilities
- 301
- Book Value per Share
- 27.81
- Face Value
- 2.00
- Total Debt
- 437
- Net Working Capital
- 599
- Contingent Liabilities
- 301
- Book Value per Share
- 27.81
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 50
- 644
- 47
- Trade Payables
- 29
- 568
- Total Liabilities
- 1,338
- 32
- Capital Work in Progress
- 2
- 24
- 385
- 0
- Cash & Bank
- 137
- 758
- Total Assets
- 1,338
- Total Debt
- 450
- Net Working Capital
- 565
- Contingent Liabilities
- 117
- Book Value per Share
- 28.04
- Face Value
- 2.00
- Total Debt
- 450
- Net Working Capital
- 565
- Contingent Liabilities
- 117
- Book Value per Share
- 28.04
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 50
- 620
- 39
- Trade Payables
- 44
- 495
- Total Liabilities
- 1,249
- 36
- Capital Work in Progress
- 0
- 22
- 380
- 0
- Cash & Bank
- 141
- 669
- Total Assets
- 1,249
- Total Debt
- 405
- Net Working Capital
- 624
- Contingent Liabilities
- 94
- Book Value per Share
- 27.06
- Face Value
- 2.00
- Total Debt
- 405
- Net Working Capital
- 624
- Contingent Liabilities
- 94
- Book Value per Share
- 27.06
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 50
- 625
- 183
- Trade Payables
- 78
- 469
- Total Liabilities
- 1,405
- 43
- Capital Work in Progress
- 1
- 63
- 403
- 0
- Cash & Bank
- 213
- 682
- Total Assets
- 1,405
- Total Debt
- 506
- Net Working Capital
- 684
- Contingent Liabilities
- 89
- Book Value per Share
- 27.27
- Face Value
- 2.00
- Total Debt
- 506
- Net Working Capital
- 684
- Contingent Liabilities
- 89
- Book Value per Share
- 27.27
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 74
- 785
- 180
- Trade Payables
- 104
- 508
- Total Liabilities
- 1,652
- 51
- Capital Work in Progress
- 2
- 150
- 449
- 0
- Cash & Bank
- 360
- 639
- Total Assets
- 1,652
- Total Debt
- 557
- Net Working Capital
- 1,011
- Contingent Liabilities
- 89
- Book Value per Share
- 23.15
- Face Value
- 2.00
- Total Debt
- 557
- Net Working Capital
- 1,011
- Contingent Liabilities
- 89
- Book Value per Share
- 23.15
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 74
- 1,015
- 194
- Trade Payables
- 199
- 258
- Total Liabilities
- 1,739
- 55
- Capital Work in Progress
- 0
- 113
- 380
- 0
- Cash & Bank
- 298
- 893
- Total Assets
- 1,739
- Total Debt
- 206
- Net Working Capital
- 789
- Contingent Liabilities
- 89
- Book Value per Share
- 29.34
- Face Value
- 2.00
- Total Debt
- 206
- Net Working Capital
- 789
- Contingent Liabilities
- 89
- Book Value per Share
- 29.34
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 74
- 1,253
- 67
- Trade Payables
- 123
- 620
- Total Liabilities
- 2,139
- 45
- Capital Work in Progress
- 0
- 277
- 505
- 144
- Cash & Bank
- 549
- 619
- Total Assets
- 2,139
- Total Debt
- 131
- Net Working Capital
- 1,332
- Contingent Liabilities
- 53
- Book Value per Share
- 35.76
- Face Value
- 2.00
- Total Debt
- 131
- Net Working Capital
- 1,332
- Contingent Liabilities
- 53
- Book Value per Share
- 35.76
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 75
- 1,568
- 36
- Trade Payables
- 79
- 400
- Total Liabilities
- 2,158
- 42
- Capital Work in Progress
- 0
- 272
- 530
- 87
- Cash & Bank
- 423
- 803
- Total Assets
- 2,158
- Total Debt
- 36
- Net Working Capital
- 1,583
- Contingent Liabilities
- 168
- Book Value per Share
- 43.79
- Face Value
- 2.00
- Total Debt
- 36
- Net Working Capital
- 1,583
- Contingent Liabilities
- 168
- Book Value per Share
- 43.79
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 81
- 2,186
- 40
- Trade Payables
- 74
- 379
- Total Liabilities
- 2,759
- 55
- Capital Work in Progress
- 0
- 530
- 738
- 71
- Cash & Bank
- 435
- 930
- Total Assets
- 2,759
- Total Debt
- 58
- Net Working Capital
- 1,921
- Contingent Liabilities
- 342
- Book Value per Share
- 56.15
- Face Value
- 2.00
- Total Debt
- 58
- Net Working Capital
- 1,921
- Contingent Liabilities
- 342
- Book Value per Share
- 56.15
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 94 | -169 | 16 | 88 | 78 | 187 | 448 | 573 | 133 | -50 | |
| Cash from Investing | -59 | 87 | 119 | 84 | -84 | 28 | -102 | -397 | -115 | -323 |
| Cash from Financing | -17 | 44 | -129 | -137 | 20 | -91 | -458 | -28 | -116 | 306 |
| 18 | -39 | 6 | 35 | 14 | 123 | -111 | 148 | -98 | -67 | |
| Free Cash Flow | 84 | -170 | 14 | 81 | 65 | 174 | 442 | 573 | 133 | -63 |
| OCF / Net Profit | 1.43 | -1.55 | 0.38 | -7.20 | 2.35 | 0.63 | 1.55 | 1.89 | 0.43 | -0.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 74 | 163 | 775 | 1,334 | 1,386 | 1,258 |
| OCF / Net Profit | 1.43 | -1.55 | 0.38 | -7.20 | 2.35 | 0.63 | 1.55 | 1.89 | 0.43 | -0.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 74 | 163 | 775 | 1,334 | 1,386 | 1,258 |
Mar 2017
- 94
- Cash from Investing
- -59
- Cash from Financing
- -17
- 18
- Free Cash Flow
- 84
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- 0
Mar 2018
- -169
- Cash from Investing
- 87
- Cash from Financing
- 44
- -39
- Free Cash Flow
- -170
- OCF / Net Profit
- -1.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.55
- Cumulative 5-Year FCF
- 0
Mar 2019
- 16
- Cash from Investing
- 119
- Cash from Financing
- -129
- 6
- Free Cash Flow
- 14
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2020
- 88
- Cash from Investing
- 84
- Cash from Financing
- -137
- 35
- Free Cash Flow
- 81
- OCF / Net Profit
- -7.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.20
- Cumulative 5-Year FCF
- 0
Mar 2021
- 78
- Cash from Investing
- -84
- Cash from Financing
- 20
- 14
- Free Cash Flow
- 65
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 74
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 74
Mar 2022
- 187
- Cash from Investing
- 28
- Cash from Financing
- -91
- 123
- Free Cash Flow
- 174
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 163
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 163
Mar 2023
- 448
- Cash from Investing
- -102
- Cash from Financing
- -458
- -111
- Free Cash Flow
- 442
- OCF / Net Profit
- 1.55
- Cumulative 5-Year FCF
- 775
- OCF / Net Profit
- 1.55
- Cumulative 5-Year FCF
- 775
Mar 2024
- 573
- Cash from Investing
- -397
- Cash from Financing
- -28
- 148
- Free Cash Flow
- 573
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 1,334
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 1,334
Mar 2025
- 133
- Cash from Investing
- -115
- Cash from Financing
- -116
- -98
- Free Cash Flow
- 133
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 1,386
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 1,386
Mar 2026
- -50
- Cash from Investing
- -323
- Cash from Financing
- 306
- -67
- Free Cash Flow
- -63
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 1,258
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 1,258
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.14 | 2.69 | 1.69 | -0.29 | 1.29 | 5.83 | 6.96 | 8.09 | 7.53 | 4.97 |
| Book Value (₹) | 26.44 | 27.81 | 28.04 | 27.06 | 27.27 | 23.15 | 29.34 | 35.76 | 43.79 | 56.15 |
| Dividend per Share (₹) | 0.54 | 0.54 | 1.26 | 0.55 | 0.90 | 1.26 | 0.90 | 1.62 | 0.90 | 0.90 |
| Cash EPS (₹) | 1.97 | 3.16 | 1.35 | -0.14 | 1.14 | 8.29 | 8.09 | 8.44 | 8.56 | 5.53 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 34.16% | 37.52% | 35.58% | 9.31% | 28.43% | 46.66% | 24.43% | 25.83% | 29.26% | 19.63% |
| Net Margin % | 14.50% | 16.75% | 11.46% | -4.58% | 7.81% | 31.05% | 15.29% | 24.01% | 28.23% | 33.47% |
| ROE % | 10.44% | 16.26% | 6.16% | -1.79% | 4.96% | 38.91% | 29.65% | 25.10% | 21.06% | 10.79% |
| ROCE % | 16.48% | 22.57% | 12.32% | 2.06% | 10.06% | 33.92% | 33.59% | 29.93% | 24.49% | 14.32% |
| 5.95% | 8.62% | 3.17% | -0.95% | 2.51% | 19.53% | 17.04% | 15.65% | 14.56% | 8.58% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 88 | 53 | 113 | 148 | 80 | 44 | 44 | 69 | 38 | 46 |
| Inventory Days | 161 | 155 | 346 | 523 | 334 | 162 | 80 | 128 | 170 | 367 |
| Payable Days | 269 | 252 | 557 | 211 | 235 | 170 | 74 | 237 | 181 | 8163 |
| -20 | -44 | -97 | 460 | 179 | 35 | 50 | -40 | 28 | -7750 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.47x | 0.63x | 0.65x | 0.60x | 0.75x | 0.65x | 0.19x | 0.10x | 0.02x | 0.03x |
| Interest Coverage (x) | 3.83x | 4.17x | 2.57x | 0.40x | 1.94x | 7.13x | 7.79x | 12.30x | 28.12x | 28.84x |
| 3.26x | 4.24x | 3.78x | 3.61x | 2.58x | 3.54x | 2.30x | 3.42x | 5.99x | 5.55x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 99.50% | 44.25% | -43.01% | -28.11% | 60.00% | 125.09% | 96.61% | -33.16% | -12.30% | -43.10% |
| Operating Profit Growth % | 115.11% | 58.43% | -45.95% | -81.19% | 388.55% | 269.43% | 2.94% | -8.38% | 5.72% | -35.07% |
| Net Profit Growth % | 326.78% | 66.62% | -61.01% | -128.73% | 372.67% | 795.26% | -3.20% | 4.98% | 3.12% | -32.55% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.17% | -6.90% | -34.04% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.25x | 19.75x | 15.84x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.71x | 3.40x | 1.40x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.79% | 0.60% | 1.14% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.94x | 11.62x | 9.64x |
Mar 2017
- EPS (₹)
- 2.14
- Book Value (₹)
- 26.44
- Dividend per Share (₹)
- 0.54
- Cash EPS (₹)
- 1.97
- Operating Margin %
- 34.16%
- Net Margin %
- 14.50%
- ROE %
- 10.44%
- ROCE %
- 16.48%
- 5.95%
- Debtor Days
- 88
- Inventory Days
- 161
- Payable Days
- 269
- -20
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 3.83x
- 3.26x
- Revenue Growth %
- 99.50%
- Operating Profit Growth %
- 115.11%
- Net Profit Growth %
- 326.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.69
- Book Value (₹)
- 27.81
- Dividend per Share (₹)
- 0.54
- Cash EPS (₹)
- 3.16
- Operating Margin %
- 37.52%
- Net Margin %
- 16.75%
- ROE %
- 16.26%
- ROCE %
- 22.57%
- 8.62%
- Debtor Days
- 53
- Inventory Days
- 155
- Payable Days
- 252
- -44
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 4.17x
- 4.24x
- Revenue Growth %
- 44.25%
- Operating Profit Growth %
- 58.43%
- Net Profit Growth %
- 66.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.69
- Book Value (₹)
- 28.04
- Dividend per Share (₹)
- 1.26
- Cash EPS (₹)
- 1.35
- Operating Margin %
- 35.58%
- Net Margin %
- 11.46%
- ROE %
- 6.16%
- ROCE %
- 12.32%
- 3.17%
- Debtor Days
- 113
- Inventory Days
- 346
- Payable Days
- 557
- -97
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 2.57x
- 3.78x
- Revenue Growth %
- -43.01%
- Operating Profit Growth %
- -45.95%
- Net Profit Growth %
- -61.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.29
- Book Value (₹)
- 27.06
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- -0.14
- Operating Margin %
- 9.31%
- Net Margin %
- -4.58%
- ROE %
- -1.79%
- ROCE %
- 2.06%
- -0.95%
- Debtor Days
- 148
- Inventory Days
- 523
- Payable Days
- 211
- 460
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 0.40x
- 3.61x
- Revenue Growth %
- -28.11%
- Operating Profit Growth %
- -81.19%
- Net Profit Growth %
- -128.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.29
- Book Value (₹)
- 27.27
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 1.14
- Operating Margin %
- 28.43%
- Net Margin %
- 7.81%
- ROE %
- 4.96%
- ROCE %
- 10.06%
- 2.51%
- Debtor Days
- 80
- Inventory Days
- 334
- Payable Days
- 235
- 179
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 1.94x
- 2.58x
- Revenue Growth %
- 60.00%
- Operating Profit Growth %
- 388.55%
- Net Profit Growth %
- 372.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.83
- Book Value (₹)
- 23.15
- Dividend per Share (₹)
- 1.26
- Cash EPS (₹)
- 8.29
- Operating Margin %
- 46.66%
- Net Margin %
- 31.05%
- ROE %
- 38.91%
- ROCE %
- 33.92%
- 19.53%
- Debtor Days
- 44
- Inventory Days
- 162
- Payable Days
- 170
- 35
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 7.13x
- 3.54x
- Revenue Growth %
- 125.09%
- Operating Profit Growth %
- 269.43%
- Net Profit Growth %
- 795.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 6.96
- Book Value (₹)
- 29.34
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 8.09
- Operating Margin %
- 24.43%
- Net Margin %
- 15.29%
- ROE %
- 29.65%
- ROCE %
- 33.59%
- 17.04%
- Debtor Days
- 44
- Inventory Days
- 80
- Payable Days
- 74
- 50
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 7.79x
- 2.30x
- Revenue Growth %
- 96.61%
- Operating Profit Growth %
- 2.94%
- Net Profit Growth %
- -3.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 8.09
- Book Value (₹)
- 35.76
- Dividend per Share (₹)
- 1.62
- Cash EPS (₹)
- 8.44
- Operating Margin %
- 25.83%
- Net Margin %
- 24.01%
- ROE %
- 25.10%
- ROCE %
- 29.93%
- 15.65%
- Debtor Days
- 69
- Inventory Days
- 128
- Payable Days
- 237
- -40
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 12.30x
- 3.42x
- Revenue Growth %
- -33.16%
- Operating Profit Growth %
- -8.38%
- Net Profit Growth %
- 4.98%
- 16.17%
- P/E (x)
- 25.25x
- P/B (x)
- 5.71x
- Dividend Yield %
- 0.79%
- 16.94x
Mar 2025
- EPS (₹)
- 7.53
- Book Value (₹)
- 43.79
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 8.56
- Operating Margin %
- 29.26%
- Net Margin %
- 28.23%
- ROE %
- 21.06%
- ROCE %
- 24.49%
- 14.56%
- Debtor Days
- 38
- Inventory Days
- 170
- Payable Days
- 181
- 28
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 28.12x
- 5.99x
- Revenue Growth %
- -12.30%
- Operating Profit Growth %
- 5.72%
- Net Profit Growth %
- 3.12%
- -6.90%
- P/E (x)
- 19.75x
- P/B (x)
- 3.40x
- Dividend Yield %
- 0.60%
- 11.62x
Mar 2026
- EPS (₹)
- 4.97
- Book Value (₹)
- 56.15
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 5.53
- Operating Margin %
- 19.63%
- Net Margin %
- 33.47%
- ROE %
- 10.79%
- ROCE %
- 14.32%
- 8.58%
- Debtor Days
- 46
- Inventory Days
- 367
- Payable Days
- 8163
- -7750
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 28.84x
- 5.55x
- Revenue Growth %
- -43.10%
- Operating Profit Growth %
- -35.07%
- Net Profit Growth %
- -32.55%
- -34.04%
- P/E (x)
- 15.84x
- P/B (x)
- 1.40x
- Dividend Yield %
- 1.14%
- 9.64x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Man Infraconstruction Limited has informed the Exchange about - Q1 FY27 Virtual Analyst Meet is scheduled to be held on Friday, August 21, 2026 at 04:00 P.M. (IST).
- General Updates
2026-08-17 - Man Infraconstruction Limited has informed the Exchange about General Updates - Acquisition of Partnership Interest in MICL Properties LLP
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
May 2026