Date: August 12, 2026

Financial Performance Summary

Consolidated Financial Results - Q1 FY27

  • Revenue from Operations: ₹218.3 crores (8% YoY growth)
  • Total Income: ₹234.9 crores (4% YoY growth)
  • PAT after Non-Controlling Interest: ₹71.6 crores (29% YoY growth)
  • PAT Margin after Non-Controlling Interest: 30.5% (vs 24.6% in Q1 FY26)

Operational Metrics - Q1 FY27

  • Sales: ₹290 crore
  • Collections: ₹244 crore
  • Carpet Area Sold: 0.9 lakh sq. ft.

Operational Highlights

Project Delivery

  • Delivered Aaradhya Parkwood Towers C & D in 45 months, ahead of schedule
  • Occupancy Certificate received in June 2026
  • Project is 90%+ sold

New Launches

  • Marina Vista, Pali Hill, Bandra West: Ultra-luxury development with ₹500+ crore GDV
  • Achieved 30% pre-sales commitment at launch

Portfolio Development

  • Secured IOA for Berkeley House, an ultra-luxury sea-view development off Bandstand
  • ₹1,000+ crore GDV potential
  • Strengthens MICL's Bandra portfolio

Strategic Outlook and Guidance

Development Pipeline

  • Largest-ever launch pipeline of ₹6,600+ crore
  • Projects across Pali Hill, Marine Lines, Tardeo, Mulund and Bandra
  • Estimated real estate portfolio GDV: ₹18,125+ crore

Sales Targets

  • Combined sales ambition of ₹5,000+ crore over FY27 and FY28

Long-term Vision

  • Vision 2031 roadmap aims to double development portfolio to ₹35,000+ crore
  • Focus on sustained business development and strategic expansion across Mumbai's most distinguished addresses

Management Commentary

Manan Shah, Managing Director, stated: "Q1 FY27 has begun on a strong note, with a strong combination of financial performance and operational execution. Profit after tax after minority interest grew 29% YoY to ₹71.6 crore, reflecting the strength of our business model and improving earnings momentum."

Business Overview

Man Infraconstruction Limited operates two business verticals:

1. EPC (Engineering, Procurement and Construction) - Six decades of experience

2. Real Estate Development - Multiple residential projects delivered in Mumbai

Execution capabilities in Ports, Residential, Commercial & Industrial, and Road construction segments with projects spanning across India.