Promoter bought 2,37,000 shares & Rs 503 crore EPC order book: Do you own shares of this net cash positive company in your portfolio?

The company's shares have an ROE of 20 per cent and an ROCE of 24 per cent.

Man Infraconstruction Ltd, a Mumbai-based company listed on both NSE (MANINFRA) and BSE (533169), specialises in EPC (Engineering, Procurement, and Construction) and Real Estate Development. It has a 50-year EPC history and strong execution in the ports, residential, commercial, industrial, and road sectors across India. Man Infra also excels in Mumbai's real estate market, delivering high-quality residential projects on time. Its construction management expertise and resources make it a capable real estate developer.

Parag K. Shah, a promoter of Man Infraconstruction Ltd., acquired a total of 2,37,000 shares of the company through open market transactions. This purchase involved two separate transactions on the same day: 2,00,000 shares (on June 13, 2025) and an additional 37,000 shares (on June 16, 2025).

Additionally, the company acquired an additional 36.07 per cent stake, or 17,03,183 equity shares, in Man Realtors and Holdings Private Limited (MRHPL) for Rs 215 per share in cash. This move will make MRHPL a wholly-owned subsidiary, as Man Infraconstruction already holds 63.93 per cent. MRHPL, a real estate company operating in Maharashtra since June 2, 1992, reported a turnover of Rs 14,984.02 lakh for FY 2024-25. The acquisition, expected to be completed within 30 working days, aims to consolidate MRHPL into Man Infraconstruction's strategic real estate objectives, despite it being a related party transaction involving certain family members.

Man Infraconstruction Limited (MICL) showed strong FY25 results, with total income up 19.2 per cent to Rs 379.8 crore and net profit rising 16 per cent to Rs 97.2 crore in Q4 FY25. Full-year sales tripled to Rs 2,251 crore, and carpet area sold doubled to 8 lakh sq. ft. MICL also launched new projects with Rs 1,600 crore potential, and plans Rs 3,400 crore in new projects for FY26. The company maintains a net-debt-free balance sheet with Rs 570 crore in cash.

Man Infraconstruction Ltd. has announced a strong order book of Rs 503 crore as of March 2025. The company has a market cap of over Rs 6,000 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years with a net cash positive position. The company's shares have an ROE of 20 per cent and an ROCE of 24 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.