Man Infraconstruction Ltd

Man Infraconstruction Ltd

₹ 177 -1.61%
21 Nov 2:22 p.m.
About

Man Infraconstruction Limited (MICL) is an integrated EPC (Engineering, Procurement & Construction) company with experience and execution capabilities in Port, Residential, Commercial & Industrial and Road construction segments. [1]

Key Points

Business Segments

  • Market Cap 6,588 Cr.
  • Current Price 177
  • High / Low 249 / 165
  • Stock P/E 24.5
  • Book Value 42.5
  • Dividend Yield 0.92 %
  • ROCE 29.4 %
  • ROE 24.1 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 48.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%
  • Company has been maintaining a healthy dividend payout of 18.2%

Cons

  • Earnings include an other income of Rs.149 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
247 297 264 352 401 457 680 510 215 242 297 342 230
171 252 209 285 307 328 556 401 151 139 247 258 203
Operating Profit 77 44 55 67 94 129 124 109 64 103 50 84 28
OPM % 31% 15% 21% 19% 23% 28% 18% 21% 30% 42% 17% 24% 12%
176 12 11 8 14 16 15 16 28 31 42 36 41
Interest 17 14 14 15 15 15 14 9 6 7 12 4 3
Depreciation 2 3 3 2 3 3 3 2 2 3 3 2 2
Profit before tax 233 39 50 58 90 127 122 114 83 123 77 113 63
Tax % 26% -2% 16% 25% 30% 28% 25% 23% 21% 30% 16% 25% 25%
172 40 41 44 63 91 92 87 65 87 65 84 47
EPS in Rs 3.00 0.94 1.01 1.05 1.44 2.28 2.20 2.22 1.88 2.24 1.76 2.09 1.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
447 397 275 226 452 652 371 267 427 961 1,890 1,263 1,110
409 381 245 191 343 453 271 269 331 714 1,476 937 847
Operating Profit 38 17 29 35 109 199 101 -2 97 248 414 326 263
OPM % 9% 4% 11% 16% 24% 31% 27% -1% 23% 26% 22% 26% 24%
51 45 66 33 51 44 46 32 26 202 53 116 149
Interest 4 1 7 21 40 56 54 57 58 62 58 35 26
Depreciation 18 12 12 8 8 8 7 7 9 9 11 10 9
Profit before tax 67 48 75 39 112 179 85 -34 55 379 397 397 377
Tax % 27% 36% 35% 60% 42% 39% 50% -64% 40% 21% 27% 24%
49 31 49 15 66 109 43 -12 33 299 289 303 283
EPS in Rs 1.30 0.78 1.28 0.47 1.43 1.79 1.13 -0.19 0.86 5.83 6.96 8.09 7.29
Dividend Payout % 23% 23% 14% 215% 25% 20% 75% -191% 70% 22% 13% 20%
Compounded Sales Growth
10 Years: 12%
5 Years: 28%
3 Years: 44%
TTM: -40%
Compounded Profit Growth
10 Years: 27%
5 Years: 48%
3 Years: 112%
TTM: -14%
Stock Price CAGR
10 Years: 26%
5 Years: 63%
3 Years: 25%
1 Year: 13%
Return on Equity
10 Years: 13%
5 Years: 18%
3 Years: 26%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 50 50 50 50 50 50 50 50 50 74 74 74 74
Reserves 529 549 588 552 605 639 644 620 625 785 1,015 1,253 1,506
26 82 158 283 305 437 450 405 506 557 206 131 18
248 202 148 139 239 226 202 224 275 300 486 696 509
Total Liabilities 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781 2,154 2,108
73 58 43 37 40 34 83 81 59 60 61 53 51
CWIP 3 78 125 130 130 130 132 0 1 2 0 0 0
Investments 1 31 120 115 168 97 24 22 63 150 113 277 232
776 717 655 742 861 1,090 1,108 1,195 1,333 1,504 1,607 1,824 1,824
Total Assets 853 883 943 1,024 1,198 1,351 1,347 1,298 1,456 1,716 1,781 2,154 2,108

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-37 40 -45 -169 94 -169 16 88 78 187 448 573
34 -107 50 63 -59 87 119 83 -84 28 -102 -397
-12 77 6 118 -17 44 -129 -137 20 -91 -458 -28
Net Cash Flow -16 10 11 12 18 -39 6 34 14 123 -111 148

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 121 131 182 199 77 54 132 112 89 48 64 42
Inventory Days 88 83 915 1,398 1,489 5,344 2,211 1,545 837 186 743
Days Payable 167 158 252 340 241 396 257 301 195 97 181
Cash Conversion Cycle 41 56 845 199 1,134 1,302 5,081 2,066 1,334 690 153 604
Working Capital Days 283 315 440 516 229 250 460 713 515 264 132 214
ROCE % 12% 7% 8% 7% 15% 21% 12% 2% 10% 33% 32% 29%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.72% 66.79% 66.87% 67.03% 67.12% 67.12% 67.12% 67.15% 67.19% 67.31% 67.31% 67.18%
0.86% 0.87% 0.83% 0.57% 0.41% 0.44% 2.39% 3.72% 3.50% 3.55% 3.57% 3.71%
1.63% 1.63% 1.63% 1.62% 1.62% 1.62% 1.67% 2.10% 2.09% 2.10% 2.09% 1.69%
30.79% 30.71% 30.67% 30.77% 30.84% 30.81% 28.81% 27.02% 27.19% 27.04% 27.04% 27.40%
No. of Shareholders 69,62270,07169,38970,88671,79070,94866,72574,56978,87487,45896,7111,08,199

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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