Man Infraconstruction Limited
8,401words
2turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
100%
25%
20%
₹2,266
₹686
₹1,461
₹35,000
2x
₹17,575
₹5,000
RS
5.2 Million
Guidance — 9 items
Structure
opening
“1 2 3 Share of Profit → PAT Capital-efficient, high return EPC Margin Work order to MICL EPC Interest Income On capital deployed if any MICL recognises only its equity margin on the project — proportionate P R O J E C T S U N D E R J V M O D E L to its stake.”
Structure
opening
“M A N I N F R A C O N S T R U C T I O N L I M I T E D 52 B U S I N E S S M O D E L · R E V E N U E R E C O G N I T I O N HOW WE EARN — PROJECT BY PROJECT Revenue recognition depends on structure.”
Structure
opening
“✓ Full revenue in books (Subsidiary) DM = DM Fee only → direct PBT JV = Share of Profit only (not in revenue) Project Name Location MICL Group’s Stake Model Carpet Area* (Lakh sq.”
Structure
opening
“Acts as EPC contractor for leading infrastructure companies and owned real estate projects M A N I N F R A C O N S T R U C T I O N L I M I T E D 55 PERFORMANCE SNAPSHOT M A N I N F R A C O N S T R U C T I O N L I M I T E D 56 P E R F O R M A N C E S N A P S H O T Q4 & FY26: AT A GLANCE AREA SOLD SALES VALUE COLLECTIO NS Q4 FY26 FY26 Q4 FY26 FY26 Q4 FY26 FY26 1.16 Lakh sq.ft.”
Structure
opening
“FY26 Sales ~₹438 Cr ~₹1,800 Cr ₹279 Cr ₹990 Cr M A N I N F R A C O N S T R U C T I O N L I M I T E D 57 P E R F O R M A N C E S N A P S H O T REAL ESTATE: ONGOING PROJECTS UPDATE As on Mar-26 · All projects in Mumbai, MMR Sr.”
Structure
opening
“Project Name Location MICL Group Stake Type Model Total Units Units Sold In Q4 FY26 Units Sold as on Mar-26 Units Unsold Total Carpet area (sq ft.)* Area Sold in Q4’26 (sq ft.) Area sold as on Mar-26 (sq ft.) Area Unsold (sq ft.) Date of Completion$ 1 2 3 4 5 6 7 Aaradhya Parkwood Nr.”
Structure
opening
“Project Location Model Total Units Units Sold Units Unsold Carpet Area (sq.ft.) Cons.”
Structure
opening
“M A N I N F R A C O N S T R U C T I O N L I M I T E D 59 P E R F O R M A N C E S N A P S H O T · N E W D E V E L O P M E N T ARTEK PARK, BKC Launched Q3 FY26 · BKC, Kalanagar area, Bandra East, Mumbai Mumbai BKC 1.6 L sq.”
Project Details
opening
“Configuration: Spacious Residences of 3 & 4 BHK Featuring: 26 storey tower with only 2 residences per floor Possession: Expected delivery in 4 Years time from launch Redevelopment Project of Artek CHSL Artist Impression M A N I N F R A C O N S T R U C T I O N L I M I T E D 60 COMPANY FINANCIALS M A N I N F R A C O N S T R U C T I O N L I M I T E D 61 C O M P A N Y F I N A N C I A L S Q4 & FY26 CONSOLIDATED FINANCIAL HIGHLIGHTS Particulars (Rs.”
Speaking time
1
1
Opening remarks
Structure
Subsidiary if MICL majority stake (full revenue in consolidated P&L). JV/Associate if SPV is co-owned (only share of profit flows to PAT). P R O J E C T S U N D E R S U B S I D I A R Y M O D E L Aaradhya OnePark Ghatkopar East Est. GDV ₹1,200+ Cr Tardeo 2.0 Tardeo ₹2,000+ Cr C A P I T A L D E P L O Y E D Minimal upfront capital towards approvals & hardship Total GDV ₹3,200+ Cr M A N I N F R A C O N S T R U C T I O N L I M I T E D 50 B U S I N E S S M O D E L · R E A L E S T A T E JV JOINT VENTURE MICL and partner co-own the SPV. Share of profit flows directly into PAT. H O W I T W O R K S H O W M I C L E A R N S 1 2 3 MICL and partner jointly develop through an SPV. Each contributes equity proportionally. Revenue and costs sit within the SPV — not in MICL's consolidated books. 1 2 3 Share of Profit → PAT Capital-efficient, high return EPC Margin Work order to MICL EPC Interest Income On capital deployed if any MICL recognises only its equity margin on the project — proportionate P R O
Project Details
Rs. 850+ Cr Sales Potential 34% Equity ✓ ✓ ✓ ✓ ✓ ✓ Prime Location: BKC, Kalanagar area located on Madhusudhan Kalekar road Scale: 1.6-acre development with a construction area of ~5.4 lakh sq. ft. Configuration: Spacious Residences of 3 & 4 BHK Featuring: 26 storey tower with only 2 residences per floor Possession: Expected delivery in 4 Years time from launch Redevelopment Project of Artek CHSL Artist Impression M A N I N F R A C O N S T R U C T I O N L I M I T E D 60 COMPANY FINANCIALS M A N I N F R A C O N S T R U C T I O N L I M I T E D 61 C O M P A N Y F I N A N C I A L S Q4 & FY26 CONSOLIDATED FINANCIAL HIGHLIGHTS Particulars (Rs. Cr) Q4 FY26 Q4 FY25 Q3 FY26 Revenue from operations Real Estate EPC Other Income Total Income Total Expense EBITDA excluding Other Income EBITDA Margin (%) Depreciation and Amortisation Expense Finance Cost Share of profit / (loss) of JV Profit before Tax Tax Profit After Tax Non Controlling Interest Profit After Tax after Non-Controlling Interest 145.5