Rs 627 Crore EPC Order Book & FIIs Increase Stake: Net Debt-Free Small-Cap Stock; Company Announces Stellar Results & 22.5% Dividend
The company has a market cap of over Rs 7,000 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years with a net debt-free position.
Man Infraconstruction Ltd, a Mumbai-based company listed on both NSE (MANINFRA) and BSE (533169), specialises in EPC (Engineering, Procurement, and Construction) and Real Estate Development. It has a 50-year EPC history and strong execution in ports, residential, commercial, industrial, and road sectors across India. Man Infra also excels in Mumbai's real estate market, delivering high-quality residential projects on time. Its construction management expertise and resources make it a capable real estate developer.
According to Quarterly Results, the net sales increased by 5 per cent to Rs 242.3 crore and net profit increased by 78 per cent to Rs 84 crore in Q3FY25 compared to Q2FY25. In its nine-month results, the company reported net sales of Rs 814.3 crore and net profit of Rs 215.7 crore in 9MFY25. In FY24, the net sales decreased by 33 per cent to Rs 1,263.45 crore and net profit increased by 16 per cent to Rs 300.39 crore compared to FY23.
Man Infraconstruction Ltd. has announced a strong order book of Rs 627 crore as of December 2024. The company's board has also declared a second interim dividend of Rs 0.45 per equity share, which translates to a 22.5 per cent dividend payout. This dividend will be distributed to shareholders holding the company's 37,52,89,565 equity shares with a face value of Rs 2 each. The record date for determining shareholder eligibility for the dividend is set for Wednesday, February 12, 2025, and the dividend payment is scheduled to be made on Monday, February 24 2025.
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As of December 2024, FIIs & DIIs increased their stake to 4.56 per cent and 2.15 per cent, respectively compared to September 2024. The company has a market cap of over Rs 7,000 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years with a net debt-free position. The company's shares have an ROE of 23 per cent and an ROCE of 28 per cent. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.