Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Man Infraconstruction Ltd

About the Company - Man Infraconstruction Ltd

Man Infraconstruction Ltd. is a Public Limited Listed company incorporated on 16/08/2002 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L70200MH2002PLC136849 and registration number is 136849. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 236.58 Cr. and Equity Capital is Rs. 74.25 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & Engineering12th Floor, Krushal Commercial Complex, Above Shoppers Stop, Mumbai Maharashtra 400089investors@maninfra.com
http://www.maninfra.com
Management
NamePosition Held
Mr. Parag ShahChairman Emeritus
Mr. Berjis DesaiChairman & Non-Exe.Director
Mr. Manan ShahManaging Director
Mr. Ashok M MehtaWholeTime Director & CFO
Mr. Kamlesh VikamseyIndependent Director
Mr. Dharmesh ShahIndependent Director
Ms. Kavita UpadhyayIndependent Director

Basic Stock Data of Man Infraconstruction Ltd

Last Updated: June 24, 2024, 8:26 pm

Market Cap 7,669 Cr.
Current Price 206
High / Low249/108
Stock P/E25.5
Book Value 39.4
Dividend Yield0.78 %
ROCE28.8 %
ROE23.5 %
Face Value 2.00
PEG Ratio0.44

Competitors of Man Infraconstruction Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Likhitha Infrastructure Ltd 1,722 Cr. 436465/23026.1 78.60.34 %32.6 %23.6 % 5.00
Manav Infra Projects Ltd 13.2 Cr. 19.423.5/12.511.4 3.030.00 %41.9 %% 10.0
Kaushalya Infrastructure Development Corpn Ltd 25.0 Cr. 7171,079/4441.66 2,0800.00 %23.4 %23.6 % 1,000
Vascon Engineers Ltd 1,692 Cr. 75.493.2/40.124.9 44.30.33 %8.29 %7.18 % 10.0
IRB Infrastructure Developers Ltd 40,063 Cr. 66.378.2/25.066.1 22.80.45 %9.00 %4.47 % 1.00
Industry Average16,593.03 Cr315.5633.43168.090.11%16.20%16.58%32.82

Man Infraconstruction Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales152209153247297264352401457680510215242
Expenses12317084171252209285307328556401151139
Operating Profit294069774455679412912410964103
OPM %19%19%45%31%15%21%19%23%28%18%21%30%42%
Other Income68717612118141615162831
Interest15181717141415151514967
Depreciation2422332333223
Profit before tax1925572333950589012712211483123
Tax %34%22%21%26%-2%16%25%30%28%25%23%21%30%
Net Profit132045172404144639192876587
EPS in Rs0.340.420.883.000.941.011.051.442.282.202.221.882.24

Last Updated: June 14, 2024, 6:49 pm

Man Infraconstruction Ltd Quarterly Chart

Man Infraconstruction Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4894473972752264526523712674279611,8901,862
Expenses4104093812451913434532712693317141,4761,436
Operating Profit7938172935109199101-297248414426
OPM %16%9%4%11%16%24%31%27%-1%23%26%22%23%
Other Income485145663351444632262025375
Interest7417214056545758625845
Depreciation2518121288877991111
Profit before tax956748753911217985-3455379397446
Tax %40%27%36%35%60%42%39%50%64%40%21%27%
Net Profit57493149156610943-1233299289334
EPS in Rs1.461.300.781.280.471.431.791.13-0.190.865.836.968.58
Dividend Payout %41%23%23%14%215%25%20%75%-191%70%22%13%

Man Infraconstruction Ltd Profit & Loss Yearly Chart

Man Infraconstruction Ltd Growth

Compounded Sales Growth
10 Years:16%
5 Years:24%
3 Years:92%
TTM:12%
Compounded Profit Growth
10 Years:18%
5 Years:31%
3 Years:238%
TTM:46%
Stock Price CAGR
10 Years:32%
5 Years:56%
3 Years:103%
1 Year:159%
Return on Equity
10 Years:11%
5 Years:14%
3 Years:21%
Last Year:26%

Last Updated: May 2, 2024, 1:32 pm

Man Infraconstruction Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital50505050505050505050747474
Reserves4895295495885526056396446206257851,0151,145
Preference Capital-0-0-0-0-0-0781213-0-0
Borrowings372682158283305430442393493557206217
Other Liabilities324248202148139239233210235288300486490
Total Liabilities8998538839431,0241,1981,3511,3471,2981,4561,7161,7811,926
Fixed Assets80735843374034838159606158
CWIP6378125130130130132012-0-0
Investments213112011516897242263150113299
Other Assets8127767176557428611,0901,1081,1951,3331,5041,6071,569
Total Assets8998538839431,0241,1981,3511,3471,2981,4561,7161,7811,926

Man Infraconstruction Ltd Reserves and Borrowings Chart

Man Infraconstruction Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -85-3740-45-16994-169168878187448
Cash from Investing Activity 6034-1075063-598711983-8428-102
Cash from Financing Activity 1-12776118-1744-129-13720-91-458
Net Cash Flow-23-1610111218-3963414123-111

Man Infraconstruction Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1111211311821997754132112894864
Inventory Days1,59688839151,3981,4895,3442,2111,545837186
Days Payable49616715825234024139625730119597
Cash Conversion Cycle1,21141568451991,1341,3025,0812,0661,334690153
Working Capital Days241283315440516229250460713515264132
ROCE %16%12%7%8%7%15%21%12%2%10%33%32%

Man Infraconstruction Ltd Financial Efficiency Indicators Chart

Man Infraconstruction Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters66.10%66.48%66.72%66.79%66.87%67.03%67.12%67.12%67.12%67.15%67.19%67.31%
FIIs0.04%0.25%0.86%0.87%0.83%0.57%0.41%0.44%2.39%3.72%3.50%3.55%
DIIs0.00%1.48%1.63%1.63%1.63%1.62%1.62%1.62%1.67%2.10%2.09%2.10%
Public33.85%31.78%30.79%30.71%30.67%30.77%30.84%30.81%28.81%27.02%27.19%27.04%
No. of Shareholders35,73748,40269,62270,07169,38970,88671,79070,94866,72574,56978,87487,458

Man Infraconstruction Ltd Shareholding Pattern Chart

No. of Man Infraconstruction Ltd Shareholders

Man Infraconstruction Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund6,030,0001.06118.7135,6042024-06-234346.77%
Samco Active Momentum Fund1,560,6896.4430.72135,6042024-06-231050.92%
Motilal Oswal Nifty Microcap 250 Index Fund135,6040.472.67135,6042024-06-230%
Groww Nifty Total Market Index Fund3400.020.01135,6042024-06-23-99.75%

Man Infraconstruction Ltd ROCE Trend

Man Infraconstruction Ltd EPS Trend

Man Infraconstruction Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)8.096.965.831.29-0.29
Diluted EPS (Rs.)8.066.965.831.29-0.29
Cash EPS (Rs.)7.927.968.261.67-0.41
Book Value[Excl.RevalReserv]/Share (Rs.)40.8530.8525.0428.0227.83
Book Value[Incl.RevalReserv]/Share (Rs.)40.8530.8525.0428.0227.83
Revenue From Operations / Share (Rs.)34.0350.9225.9017.2610.79
PBDIT / Share (Rs.)11.4012.4412.094.910.98
PBIT / Share (Rs.)11.1312.1411.834.540.70
PBT / Share (Rs.)10.1810.5610.172.18-1.60
Net Profit / Share (Rs.)7.657.658.011.30-0.70
NP After MI And SOA / Share (Rs.)8.096.965.831.29-0.28
PBDIT Margin (%)33.4924.4346.6628.429.17
PBIT Margin (%)32.7023.8345.6926.286.52
PBT Margin (%)29.9220.7439.2612.61-14.78
Net Profit Margin (%)22.4915.0330.917.51-6.48
NP After MI And SOA Margin (%)23.7713.6722.507.49-2.66
Return on Networth / Equity (%)20.5223.7325.174.74-1.06
Return on Capital Employeed (%)25.7738.4133.3010.971.64
Return On Assets (%)13.9414.5112.602.19-0.54
Long Term Debt / Equity (X)0.040.010.430.470.54
Total Debt / Equity (X)0.080.180.640.680.59
Asset Turnover Ratio (%)0.640.510.180.100.09
Current Ratio (X)3.422.303.542.583.58
Quick Ratio (X)2.511.672.411.652.00
Inventory Turnover Ratio (X)1.011.980.250.230.21
Dividend Payout Ratio (NP) (%)0.0012.9214.4169.57-191.06
Dividend Payout Ratio (CP) (%)0.0012.3813.8154.09-26228.32
Earning Retention Ratio (%)0.0087.0885.5930.43291.06
Cash Earning Retention Ratio (%)0.0087.6286.1945.9126328.32
Interest Coverage Ratio (X)12.057.907.272.080.43
Interest Coverage Ratio (Post Tax) (X)9.095.865.811.550.69
Enterprise Value (Cr.)7220.212491.984135.551299.92688.61
EV / Net Operating Revenue (X)5.711.324.303.042.58
EV / EBITDA (X)17.065.409.2210.7128.11
MarketCap / Net Operating Revenue (X)6.001.344.022.421.55
Retention Ratios (%)0.0087.0785.5830.42291.06
Price / BV (X)5.182.324.501.530.61
Price / Net Operating Revenue (X)6.001.344.022.421.55
EarningsYield0.030.100.050.03-0.01

Man Infraconstruction Ltd Profitability Ratios (%)

Man Infraconstruction Ltd Liquidity Ratios

Man Infraconstruction Ltd Liquidity Ratios (%)

Man Infraconstruction Ltd Interest Coverage Ratios (%)

Man Infraconstruction Ltd Valuation Ratios

Fair Value

Fair Value: 237.95

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 15.51% compared to the current price 206

Intrinsic Value: 375.37

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 82.22% compared to the current price ₹206

Last 5 Year EPS CAGR: 57.75%

*Investments are subject to market risks

Strength and Weakness of Man Infraconstruction Ltd Stock

StrengthWeakness
  1. The company has higher reserves (675.77 cr) compared to borrowings (3.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (382.00 cr) and profit (149.46 cr) over the years.
  1. The stock has a low average ROCE of 14.58%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 363.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 166.25, which may not be favorable.

FAQ

What is the latest fair value of Man Infraconstruction Ltd?

The latest fair value of Man Infraconstruction Ltd is ₹237.95.

What is the Market Cap of Man Infraconstruction Ltd?

The Market Cap of Man Infraconstruction Ltd is 7,669 Cr..

What is the current Stock Price of Man Infraconstruction Ltd as on 24 June 2024?

The current stock price of Man Infraconstruction Ltd as on 24 June 2024 is ₹206.

What is the High / Low of Man Infraconstruction Ltd stocks in FY 2024?

In FY 2024, the High / Low of Man Infraconstruction Ltd stocks is 249/108.

What is the Stock P/E of Man Infraconstruction Ltd?

The Stock P/E of Man Infraconstruction Ltd is 25.5.

What is the Book Value of Man Infraconstruction Ltd?

The Book Value of Man Infraconstruction Ltd is 39.4.

What is the Dividend Yield of Man Infraconstruction Ltd?

The Dividend Yield of Man Infraconstruction Ltd is 0.78 %.

What is the ROCE of Man Infraconstruction Ltd?

The ROCE of Man Infraconstruction Ltd is 28.8 %.

What is the ROE of Man Infraconstruction Ltd?

The ROE of Man Infraconstruction Ltd is 23.5 %.

What is the Face Value of Man Infraconstruction Ltd?

The Face Value of Man Infraconstruction Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Man Infraconstruction Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE