Manav Infra Projects
- Market cap
- ₹ 51 Cr.
- P/E
- 12.5x
- P/B
- 4.42x
- 52-week range
- 18.75 – 47
- ROE
- 40%
- ROCE
- 33.5%
- Dividend yield
- 0%
- Debt / equity
- 0.47
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE SME
About
Manav Infra Projects Limited is an India-based infrastructure and construction company. The Company is engaged in infrastructure development, infrastructure projects, works contracts, site preparation and clearance services to the real estate sector. The Company's services include excavation, piling and road construction, and prestressed rock anchoring. The Company has a range of earth-moving equipment and machines to perform various types of construction work. The Company's projects include Metro Rail Project Line No. 2 & 7; Rain Forest, Marol; NHAI - JNPT, Navi Mumbai; Rivali Park Borivali East, Mumbai; Mumbai Metro Rail Project, and Excavation work in Juhu. Its completed projects include Kanakia Sevens - Marol, Kanakia Levels - Malad, Chakala Andheri East Mumbai and others. It also provides its machines and equipment on rent across India. It is primarily providing infrastructure services in Maharashtra, Goa, Gujarat, Rajasthan, Karnataka, Telangana, and Andhra Pradesh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →Manav Infra Projects against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.5 against a typical 14.4: cheaper than most peers (1st = cheapest).76th of 181
- Sales growth+265.1% against a typical +8.6% from a year earlier.4th of 147
- Profit growth+237.4% against a typical 0% from a year earlier.5th of 130
- Share price, 3 months+51.1% against a typical −13.1%.4th of 164
- Size₹ 51 Cr. market value against a typical ₹ 148 Cr. (1st = largest).122nd of 156
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Other business matters | Dear Sir, This is to inform you that the meeting of the Board of Directors of Manav Infra Projects Limited is scheduled to be held on Tuesday, the 11th August, 2026 at 03:30 P.M. at the Registered Office of the Company situated at 102, Gundecha Industrial Complex Premises Co-Op. Soc., Ltd., Akurli Road, Near Growels Mall, Kandivali East, Mumbai -400101. inter alia to transact the following matters:1. To consider and fix the day, date, time, venue and calendar of events for 17th Annual General Meeting of the Company;2. To consider and approve the Report of Board of Directors and other related annexures and documents for the Financial Year 2025-26;3. To consider and fix the dates for closure of Register of Members and Transfer Books of the Company;4. To consider and approve the Notice for 17th Annual General Meeting of the Company;5. To appoint Scrutinizer for conducting e-voting and poll process (if any), for 17th Annual General Meeting of the Company;6. To take note on status of Statutory Registers maintained under the Companies Act, 2013;7. To consider and approve the Annual Report for the Financial Year 2025-26;8. To consider and approve the Remuneration payable to Managing Director and Executive Directors of the Company;9. To consider and approve the Re-appointment of Director, who is retiring by rotation;10. To consider and approve the remuneration payable to Mrs. Mahalakshmi Raju;11. To take approval under section 180(1)(c) and 180(1)(a) of the Companies Act, 2013. 12. To consider and approve the Re-appointment of Managing Director and Executive Directors of the Company; 13. Any other business with the permission of the Chairperson/Chairman.Kindly take above on record and acknowledge receipt of the same. |
| 22 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 29 Jan 2026 | Other business matters | Dear Sir, This is to inform you that the meeting of the Board of Directors of Manav Infra Projects Limited is scheduled to be held on Thursday, the 29th January, 2026 at 02:30 P.M. at the Registered Office of the Company situated at 102, Gundecha Industrial Complex Premises Co-Op. Soc., Ltd., Akurli Road, Near Growels Mall, Kandivali East, Mumbai -400101. inter alia to transact the following matters:1. To To consider and approve the appointment of M/s. Ayush S. Agarwal & Associates, Practicing Chartered Accountants as an Internal Auditor of the Company for the Financial Year 2025-26.2. Any other business with the permission of the chair. |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Sep 2025 | Other business matters | To consider other business matters |
| 25 Jun 2025 | Other business matters | To consider other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 3 | 2 | 3 | 4 | 9 | 6 | 9 | 6 | 18 | 9 | 32 |
| Expenses | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 7 | 5 | 14 | 8 | 27 |
| Operating Profit | −2 | −2 | −2 | −2 | −0 | 4 | 1 | 2 | 1 | 4 | 1 | 6 |
| OPM % | −65.7% | −86.8% | −97.7% | −50.9% | −3% | 43.6% | 17.9% | 25.9% | 23.3% | 21.2% | 12.3% | 17.1% |
| Other Income | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 1 |
| Profit before tax | −3 | −4 | −3 | −3 | −1 | 2 | 0 | 1 | 0 | 3 | 0 | 4 |
| Tax % | 0% | 0% | 0% | −3.1% | 0% | 24.2% | 25% | 26% | 8.7% | −4.5% | −5.1% | 14.5% |
| Net Profit | −3 | −4 | −3 | −3 | −1 | 2 | 0 | 1 | 0 | 3 | 0 | 4 |
| EPS in Rs | −2.28 | −2.65 | −2.28 | −2.08 | −0.88 | 1.33 | 0.07 | 0.78 | 0.15 | 2.29 | 0.31 | 2.74 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 52%
- 3 Years
- 52%
- TTM
- 70%
- 10 Years
- 21%
- 5 Years
- 22%
- 3 Years
- 97%
- TTM
- 31%
- 10 Years
- —
- 5 Years
- 45%
- 3 Years
- 38%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Manav Infra Projects | ₹ 38.75 | ₹ 51 Cr. | 12.5x | 4.4x | 40% | — |
| DLF | ₹ 657.00 | ₹ 1,62,628 Cr. | 39.7x | 3.7x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 96,236 Cr. | 30.5x | 4.6x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,612.70 | ₹ 58,775 Cr. | 25.9x | 3.7x | — | 41.6% |
| Godrej Properties | ₹ 1,496.50 | ₹ 45,079 Cr. | 160.2x | 3.2x | 10.2% | 35.9% |
Management
- Mahendra Narayan Raju
- Chairman of the Board, Managing Director
- Bipin Somabhai Patel
- Chief Financial Officer
- Jyoti Birla
- Compliance Officer, Company Secretary
- Dinesh Shivnath Yadav
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.