Man Infraconstruction Limited is an integrated engineering, procurement, and construction (EPC) company based in India. The company is actively involved in civil construction, project activities, and real estate development, including constructing roads on a design-build-finance-operate-transfer (DBFOT) basis.
Originally incorporated as `Man Construction Pvt. Ltd.` on August 16, 2002, it transitioned to a Public Limited Company and was renamed Man Construction Limited on July 15, 2004. The company adopted its current name, Man Infraconstruction Limited, on November 3, 2006.
Headquartered in Mumbai, Man Infraconstruction has a strong presence across six Indian states: Maharashtra, Kerala, Gujarat, West Bengal, Goa, and Tamil Nadu. It has established expertise and execution capabilities in critical infrastructure segments including Ports, Residential, Commercial & Industrial, and Road construction.
Man Infraconstruction Limited (Man Infra) operates through two primary business verticals: Construction (EPC) and Real Estate Development.
With over five decades of experience in the EPC business, Man Infra possesses robust execution capabilities in various infrastructure domains. These include:
- Port Infrastructure: Offering services for onshore container terminals, freight stations, land reclamation, soil consolidation, and operational services such as firefighting, sewerage, and drainage systems.
- Residential Construction: Specializing in high-rise buildings and townships.
- Commercial & Industrial Construction: Undertaking projects for commercial spaces and industrial facilities.
- Road Construction: Developing roads on a DBFOT basis.
In its real estate segment, Man Infra provides comprehensive residential construction services, including luxury villas. As a developer, the ManInfra Group has successfully delivered numerous residential projects in Mumbai, earning recognition for its superior construction quality and timely project delivery.
Man Infraconstruction has a dynamic project pipeline with several notable recent launches and ongoing developments:
- Residential Launches (2023-2024):
- `Aaradhya Parkwood`: Launched with approximately 3 lakh square feet of carpet area near Dahisar check-naka.
- `Aaradhya Evoq`: An ultraluxury project launched near Juhu.
- `Atmosphere Tower G`: Launched in Mulund West.
- `Aaradhya Avaan`: Launched in October 2023 along the Mumbai harbour front in Tardeo.
- `Aaradhya OnePark`: Launched in Ghatkopar East in January 2024, setting a new benchmark for luxury living.
- High-Profile Redevelopment Projects:
- The company is undertaking the redevelopment of a housing society in Mumbai's Pali Hill area, where actor Aamir Khan resides. This luxury project is anticipated to generate revenue of around INR 500 crore and will offer 50,000 sq ft of carpet area for sale.
- Market Capitalization: ₹7,045 Crore (down -3.96% in 1 year, as per latest available data). This valuation underscores its significant position within the infrastructure and real estate sectors.
- Full Year (FY 2024-25):
- Net Profit: ₹282.72 crore (a decline of 5.88% from ₹300.39 crore in FY 2023-24).
- Sales: ₹1,108.07 crore (a decline of 12.30% from ₹1,263.45 crore in FY 2023-24).
- Quarterly Results (Q4 FY 2024-25):
- Net Profit: ₹76.93 crore (an increase of 17.86% from ₹65.27 crore in Q4 FY 2023-24).
- Sales: ₹293.80 crore (a slight decline of 0.99% from ₹296.74 crore in Q4 FY 2023-24).
- Revenue (FY25): ₹1,108.07 crore
- Net Profit (FY25): ₹282.72 crore
- Q4 FY25 Revenue: ₹293.80 crore
- Q4 FY25 Net Profit: ₹76.93 crore
- Record Date: 12 February 2025 was set as the record date for the second interim dividend of ₹0.45 per equity share (face value of ₹2) for FY 2024-25.
- Payment Date: The dividend was scheduled to be paid on 24 February 2025.
- Promoter Holding: Decreased to 66.65% as of March 2025 from 67.31% as of June 2024.
- Pledging: There is no promoter pledging of shares in Man InfraConstruction Ltd.
- Chairman: Berjis Desai
- Managing Director: Manan Shah
- New Subsidiary: Man Infraconstruction announced the incorporation of MICL Shreepati August LLP on June 19, 2025, to engage in real estate and related business activities.
- Subsidiary Cessation: During the financial year 2023-24, Manmantra Infracon LLP ceased to be a subsidiary of the Company effective April 28, 2023, due to the disposal of its entire partnership interest.
Man Infraconstruction presents itself as a diversified infrastructure and real estate company with a rich operational history spanning over five decades. Its strategic focus on premium real estate projects within Mumbai, coupled with its established EPC capabilities across various infrastructure segments, positions it advantageously within India's expanding infrastructure sector.
The company has successfully reduced its debt and is considered to be almost debt-free. Its recent record-breaking sales performance, particularly in its luxury residential projects, highlights strong market demand for its premium offerings.
Man Infra's dual business model offers significant revenue diversification. The EPC segment provides a stable stream of contract-based income, while the real estate division capitalizes on the lucrative premium property market in Mumbai. With a robust project pipeline and strategic expansion into high-value redevelopment projects, Man Infraconstruction is well-poised to benefit from India's ongoing urbanization trends and its persistent infrastructure development needs.
