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Man Infra share price & results

Man Infra· Realty· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Mumbai real-estate developer (Aaradhya brand) with in-house EPC roots in port construction.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue103 ₹ crore+4.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin69.0 %+42.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit60.0 ₹ crore−1.6% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity10.77 %−8.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-8.73 %−20.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-29.82 %−30.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 7 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Man Infra management guidance track record on Inve: 23 targets tracked across analysed earnings calls (2 achieved, 5 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
FY25 Pre-sales Bookingsimilar to more than INR1,000 croresQ2 FY24Q1 FY27:Promise relates to FY25 performance, which was successfully achieved. No new update.
Call transcript, Q1 FY27 · 21 Aug 2026		Achieved
Goregaon Project LaunchQ2 next financial year (FY25)Q2 FY24Q1 FY27:Promise was missed. No new update.
Call transcript, Q1 FY27 · 21 Aug 2026		Missed
Vileparle Project LaunchOctober latest by November (2023)Q1 FY24Q1 FY27:Promise is complete, albeit with delays. The project (Jade Park) has now sold over 60% of inventory.
Call transcript, Q1 FY27 · 21 Aug 2026		Delayed

Source: Inve Guidance Tracker for Man Infra · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Man Infra's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹108.14 +5.16% · +₹5.31

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −25.5% 1Y

₹80₹100₹120₹140Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q4 FY26 — 18 May 2026Q1 FY27 — 21 Aug 2026

1Y: ₹145.07 on 24 Oct 2025 → ₹108.14. High ₹148.95 (31 Oct 2025), low ₹78.44 (30 Mar 2026).

Previous close
₹102.83
Market cap
₹4.2k Cr
52-week range
₹78.44 – ₹148.95
One year
−25.74%
Price to earnings (TTM to Jun 2026)
19.13×
Return on equity (TTM to Jun 2026)
10.77%

Overview

Symbol
NSE:MANINFRA
Sector
Realty
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Man Infra does

Based on the company's own presentations, annual report and earnings calls.

Man Infraconstruction Limited (MICL) operates in two segments: an in-house EPC (engineering, procurement, construction) business that built India's first private port at Nhava Sheva (1997) and has since executed container terminal works for global port operators such as DP World, APM Terminals/Maersk and PSA, alongside multi-sector construction for residential, commercial, institutional and industrial clients; and a residential and commercial real estate development business (flagship 'Aaradhya' brand) concentrated in Mumbai's suburbs, western suburbs and South Mumbai. It earns through EPC construction margins, real estate sale proceeds (in subsidiaries) or profit share (in joint ventures), development-management fees on GDV, and interest income on capital deployed into project entities. The company has recently added an ultra-luxury residential vertical ('MS Collection Residences') and, through a wholly owned Delaware subsidiary (MICL Global Inc.), taken a minority stake in a residential project in Miami Beach, Florida.

Segments

  • EPC (Engineering, Procurement & Construction)
  • Real Estate
Total construction area completed (EPC + Real Estate)
60+ million sq ft
Ports delivered
8, including India's first private port (Nhava Sheva, 1997)
Port infrastructure area developed
350+ hectares (completed + ongoing)
Projects delivered (EPC + Real Estate)
60+
Residential/commercial units completed
20,000+
In-house EPC engineering team
500+ engineers
Headquarters Chembur (West), Mumbai, Maharashtra, India Company website

How the price took the results

close before → close after

Q1 FY27
−1.5%
21 Aug
Q4 FY26
+1.2%
18 May

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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