Trading IdeasFundamentals

MAN Infra Ltd

NSE: MANINFRA · Residential, Commercial Projects · sector

₹102.83NSE close 2026-10-26

Key numbers

Market cap₹4,151 cr
Price₹102.83
52w high / low₹150 / ₹77
P/E19.1xSector median 18.7x
P/B1.8xSector median 1.4x
Book value₹56.1
Dividend yield0.84%Sector median 0.54%
ROE10.7%Sector median 5.5%
ROCE12.1%Sector median 6.5%
OPM24.0%Sector median 12.1%
Debt / equity0.03xSector median 0.36x
EV/EBITDA22.3xSector median 17.7x
Interest cover22.6x
Current ratio5.55x
Sales growth 3y-30.6%Sector median +16.6%
Profit growth 3y-9.9%Sector median +28.0%
PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹255.26 · low ₹85.36
Sep 2024Apr 2025Oct 2025Apr 2026

Quarterly results

₹ crSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue230242294183149153146218
EBITDA281071064137331972
OPM %12.0%44.0%36.2%22.2%24.6%21.4%13.0%32.8%
Other income3033344338394117
Net profit184975860524163
EPS (₹)1.202.252.051.481.381.161.061.77
Revenue YoY-35.4%-36.7%-50.5%+19.4%
Profit YoY+11,013.0%-38.6%-57.8%+7.6%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ crFY22FY23FY24FY25FY26TTM
Revenue9611,8901,2631,108630666
EBITDA247414326324129160
Net profit-12892313211215
EPS (₹)5.836.968.097.595.075.37
Revenue growth+96.6%-33.2%-12.3%-43.1%-29.9%
Profit growth–-99.3%+14,517.3%-32.5%-10.2%
Dividend / share (₹)1.260.901.620.900.90
Compounded growth3 years5 yearsLast 12 months
Sales-30.7%+8.1%-29.9%
Net profit-9.9%–-10.3%
EPS-10.0%+31.5%–
Share price–-24.9% (2y)-26.1%

Balance sheet

₹ crFY22FY23FY24FY25FY26
Shareholders' equity–1,0891,4631,7632,266
Borrowings–2061313658
Cash & equivalents–300662524643
Total assets–1,7812,1552,1772,778
Fixed assets–53434048
Capital work in progress–0–00
Investments–10243034
Receivables–3331448771
Inventory–380505530738
Payables–1991237974

Year-end figures from the March annual filing.

Cash flow

₹ crFY22FY23FY24FY25FY26
Cash from operations187448573133-50
Cash from investing28-102-397-115-323
Cash from financing-82-458-28-116306
Capex211514925
Free cash flow165433558124-74

Free cash flow = cash from operations − capex.

Ratios by year

₹ crFY22FY23FY24FY25FY26
ROE %–26.5%0.1%17.7%9.3%
ROCE %–34.8%25.9%24.4%12.0%
Debtor days–64422941
Inventory days–18674395179,018
Payable days–971811417,907
Cash conversion cycle (days)–15360483971,152
Working capital days–1523855211,112

Shareholding

Holder% (2026-09-30)
Promoters62.52%
FIIs1.79%
DIIs0.04%
of which Mutual funds0.00%
Government0.00%
Public (non-institutions)35.65%
QuarterJun 2025Jun 2025Jul 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters %65.10%65.10%62.06%62.30%62.44%62.46%62.52%62.52%
Promoter group%
Parag Kishor Shah29.73%
Mansi Parag Shah14.80%
Manan Parag Shah8.74%
Vatsal Parag Shah8.67%
Dhruvi Manan Shah0.52%
Arhan Manan Shah0.05%
Purvi Manish Shah0.01%
Public holders above 1%%
Suketu Ramesh Shah1.86%
Berjis Minoo Desai1.56%

86,247 shareholders. Pledged: 0.00% of promoter shares.

Peers in Residential, Commercial Projects

CompanyMarket capP/EP/BROEROCEOPMSales 3yDiv yield
DLF₹1,63,939 cr35.9x3.6x10.3%6.3%14.8%+12.9%0.90%
LODHA₹97,912 cr23.7x4.2x19.0%17.9%32.2%+20.8%0.43%
PHOENIXLTD₹67,737 cr52.9x6.2x11.9%15.4%59.1%+18.8%0.13%
PRESTIGE₹60,152 cr52.8x3.7x7.2%10.5%28.1%+15.1%0.12%
OBEROIRLTY₹57,522 cr21.9x3.0x14.7%16.9%57.1%+12.8%0.51%
GODREJPROP₹45,942 cr28.7x2.4x8.8%6.9%-7.7%+31.6%–
BRIGADE₹17,781 cr25.6x2.6x11.2%10.9%27.0%+18.3%0.35%
ANANTRAJ₹16,514 cr27.8x2.9x11.6%11.1%27.0%+37.9%0.15%
SOBHA₹12,247 cr64.1x2.6x4.1%6.5%6.5%+16.2%0.26%
MANINFRA₹4,151 cr19.1x1.8x10.7%12.1%24.0%-30.6%0.84%

All 141 companies in Residential, Commercial Projects →

Business segments (FY26)

SegmentRevenueShareEBITMargin
Real Estate₹329 cr52.0%₹163 cr49.5%
EPC (Engineering, Procurement and Contacting)₹304 cr48.0%₹80 cr26.3%
Unallocated₹0 cr–₹52 cr–

Dividends & corporate actions

Ex-dateActionDetail
2026-05-19DividendInterim Dividend - Rs 0.72 Per Share
2025-11-18DividendInterim Dividend - Re 0.45 Per Share
2025-05-27DividendInterim Dividend - Re 0.45 Per Share
2025-02-12DividendInterim Dividend - Re 0.45 Per Sh
2024-08-19DividendInterim Dividend - Re 0.45 Per Share
2024-07-30OtherAnnual General Meeting
2024-02-15DividendInterim Dividend - Rs 0.54 Per Share
2023-11-17DividendInterim Dividend - Re 0.36 Per Share
2023-08-10DividendInterim Dividend - Rs 0.36 Per Sh
2023-08-02OtherAnnual General Meeting
2023-05-19DividendInterim Dividend - Re 0.36 Per Share
2022-11-21DividendInterim Dividend - Re 0.90 Per Share
2022-08-29OtherAnnual General Meeting
2021-11-17BonusBonus 1:2
2021-10-13DividendInterim Dividend - Rs 1.26 Per Share
2021-09-15OtherAnnual General Meeting
2021-02-18DividendInterim Dividend - Rs 0.90 Per Share
2020-09-16OtherAnnual General Meeting
2020-03-12DividendInterim Dividend - Rs 0.55 Per Share
2019-09-03OtherAnnual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

SectorConsumer Discretionary
IndustryResidential, Commercial Projects
Sub-industryResidential, Commercial Projects
SymbolMANINFRA
BSE code533169
ISININE949H01023
Face value₹2.0
Incorporated2002-08-16
Websitewww.maninfra.com
Plants (India / abroad)2 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.