Rs 627 crore EPC order book and FIIs & DIIs increase stake: Stock under Rs 200 jumps over 7 per cent on March 21
The company has a market cap of over Rs 5,900 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years with a net debt-free position.
On Friday, shares of this civil construction company jumped 7.4 per cent to Rs 159 per share from its intraday low of Rs 148 per share. The stock’s 52-week high is Rs 262.50 per share and its 52-week low is Rs 135.05 per share. The shares of the company saw a spurt in volume by more than 1.01 times.
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 the 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 the 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 a 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 the net profit increased by 16 per cent to Rs 300.39 crore compared to FY23.
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The company has strategically invested Rs 26,400 to acquire 26.40 per cent of the equity shares in the newly formed Trident Agro Terminals and Logistic Pvt Ltd, marking its entry into the agro-logistics sector. This cash transaction, involving 2,640 shares of the Rs 1,00,000 paid-up capital entity, will facilitate the development of ports, port-based logistics, and agricultural commodity processing and storage facilities. Incorporated on February 26, 2025, Trident Agro aims to bolster export-import operations and domestic agricultural trade, aligning with Man Infraconstruction's diversification strategy, and requires no immediate regulatory approvals.
Man Infraconstruction Ltd. has announced a strong order book of Rs 627 crore as of December 2024. 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 5,900 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.