Man Infraconstruction Limited (IN:MANINFRA)
:MANINFRA
Top Page
Man Infraconstruction Limited
(MANINFRA)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹95.00
▼(-26.64% Downside)
Action:ReiteratedDate:03/31/26
The score is primarily supported by solid financial performance (strong balance sheet and healthy operating efficiency) but is materially weighed down by weak technical momentum (below all major moving averages with negative MACD and very low RSI/Stoch). Valuation is neutral-to-slightly negative with a higher P/E that is only modestly offset by the dividend yield.
Positive Factors
Strong balance sheet
A low debt-to-equity ratio and robust equity ratio provide financial resilience across business cycles. This conservative leverage profile reduces refinancing and solvency risk for ongoing large projects, supporting the company's ability to bid selectively and absorb project delays or cost overruns over the medium term.
Negative Factors
Inconsistent revenue growth
A sharp recent revenue decline and historically inconsistent top-line growth reduce visibility into future backlog and scale. For a contract-based construction firm, uneven revenue impairs planning, limits operating-leverage benefits and can force competitive margin concessions to maintain utilization and award rates.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
A low debt-to-equity ratio and robust equity ratio provide financial resilience across business cycles. This conservative leverage profile reduces refinancing and solvency risk for ongoing large projects, supporting the company's ability to bid selectively and absorb project delays or cost overruns over the medium term.
Read all positive factors
Man Infraconstruction Limited (MANINFRA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹38.05B
Dividend Yield1.03%
Average Volume (3M)25.67K
Price to Earnings (P/E)27.6
Beta (1Y)1.77
Revenue Growth-21.85%
EPS Growth-1.63%
CountryIN
Employees800
SectorReal Estate
Sector Strength53
IndustryEngineering & Construction
Share Statistics
EPS (TTM)1.16
Shares Outstanding403,666,500
10 Day Avg. Volume25,421
30 Day Avg. Volume25,671
Financial Highlights & Ratios
PEG Ratio-3.23
Price to Book (P/B)3.20
Price to Sales (P/S)5.09
P/FCF Ratio43.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹130.00Price Target Upside0.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Man Infraconstruction Limited Business Overview & Revenue Model
Company Description
Man Infraconstruction Limited engages in the civil construction business in India. Its port infrastructure services comprise the construction of onshore container terminals and freight stations; reclamation of land; consolidation of soil; and oper...
How the Company Makes Money
MANINFRA primarily makes money by executing construction contracts and recognizing revenue as project work is performed (based on contract terms and applicable accounting methods for long-duration contracts). Key revenue streams generally include:...
Man Infraconstruction Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.68B | 11.08B | 12.63B | 18.51B | 9.61B | 4.16B |
| Gross Profit | 5.10B | 5.83B | 5.99B | 7.33B | 4.45B | 1.85B |
| EBITDA | 3.68B | 3.24B | 4.22B | 4.60B | 4.47B | 1.20B |
| Net Income | 2.71B | 2.83B | 3.00B | 2.59B | 2.16B | 320.15M |
Balance Sheet | ||||||
| Total Assets | 25.47B | 21.77B | 21.55B | 17.81B | 17.17B | 14.56B |
| Cash, Cash Equivalents and Short-Term Investments | 7.21B | 5.24B | 7.30B | 3.03B | 5.08B | 2.94B |
| Total Debt | 314.91M | 356.01M | 1.31B | 2.06B | 5.57B | 5.06B |
| Total Liabilities | 3.35B | 3.33B | 6.38B | 6.36B | 7.87B | 7.63B |
| Stockholders Equity | 21.86B | 17.63B | 14.63B | 10.89B | 8.60B | 6.75B |
Cash Flow | ||||||
| Free Cash Flow | 161.29M | 1.30B | 5.73B | 4.41B | 3.47B | 783.00M |
| Operating Cash Flow | 161.29M | 1.33B | 5.73B | 4.48B | 1.87B | 783.00M |
| Investing Cash Flow | -3.66B | -1.15B | -3.97B | -1.02B | 275.12M | -842.06M |
| Financing Cash Flow | 2.88B | -1.16B | -278.56M | -4.58B | -821.95M | 200.05M |
Man Infraconstruction Limited Technical Analysis
Neutral
129.50
Price Trends
101.98
Negative
114.28
Negative
137.71
Negative
Market Momentum
-3.78
Negative
47.35
Neutral
62.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANINFRA, the sentiment is Neutral. The current price of 129.5 is above the 20-day moving average (MA) of 90.61, above the 50-day MA of 101.98, and below the 200-day MA of 137.71, indicating a neutral trend. The MACD of -3.78 indicates Negative momentum. The RSI at 47.35 is Neutral, neither overbought nor oversold. The STOCH value of 62.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MANINFRA.
Man Infraconstruction Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | ₹38.05B | 27.56 | ― | 1.03% | -21.85% | -1.63% | |
63 Neutral | ₹46.40B | 24.91 | ― | 0.36% | -14.25% | 17.95% | |
57 Neutral | ₹59.02B | -1,536.76 | ― | ― | 79.32% | ― | |
56 Neutral | ₹74.15B | 19.33 | ― | 0.70% | -22.59% | 17.35% | |
54 Neutral | ₹50.89B | 487.69 | ― | 0.28% | -20.38% | -36.03% | |
45 Neutral | ₹44.89B | 23.64 | ― | ― | -23.33% | -512.89% |
* Real Estate Sector Average
IN:MANINFRA
Man Infraconstruction Limited
92.14
-52.33
-36.22%
IN:MAHLIFE
Mahindra Lifespace Developers Limited
341.00
73.18
27.32%
IN:MAXESTATES
Max Estates Limited
368.05
-35.15
-8.72%
IN:PURVA
Puravankara Limited
187.05
-36.70
-16.40%
IN:RUSTOMJEE
Keystone Realtors Ltd.
397.05
-124.61
-23.89%
IN:SUNTECK
Sunteck Realty Limited
314.35
-58.74
-15.74%
Man Infraconstruction Limited Corporate Events
Man Infraconstruction Promoters Confirm No Encumbrance on Shares for FY 2025-26
Apr 8, 2026
Man Infraconstruction Limited has informed the stock exchanges that it has filed the required disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, ...
MICL Group Secures Key Approval Milestone for Ultra-Luxury Pali Hill Project
Feb 24, 2026
MICL Group has announced a further update on its ultra-luxurious residential project at Pali Hill, Bandra West, stating that it has received the Intimation of Disapproval (IOD), a key regulatory milestone in Mumbai’s real estate approval pro...
Man Infraconstruction Subsidiary Dilutes Stake in US-Based MICL Tigertail Venture
Jan 20, 2026
Man Infraconstruction Limited has announced that MICL TIGERTAIL LLC, an associate of its wholly owned subsidiary MICL Global, Inc., has reduced its membership interest in a U.S.-based venture from 50% to 25%, effective January 19, 2026. The diluti...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.