Key Financial Figures - Consolidated Results (Quarter Ended June 30, 2026)

Revenue and Profitability:

  • Total Revenue (including Other Income): ₹21,831.33 lakhs
  • Profit before tax: ₹8,462.13 lakhs
  • Tax expense: ₹3,508.66 lakhs (Current Tax) and deferred tax credit of ₹(1,320.87) lakhs
  • Profit for the period: ₹6,274.34 lakhs
  • Non-Controlling Interest: ₹(889.82) lakhs
  • Profit after Tax and Non-Controlling Interest: ₹7,164.16 lakhs
  • Other Comprehensive Income (net of tax): ₹(52.66) lakhs
  • Total Comprehensive Income: ₹7,110.41 lakhs (Attributable to Owners: ₹7,110.41 lakhs, Attributable to Non-Controlling Interest: ₹(888.73) lakhs)

Earnings Per Share:

  • Basic EPS: ₹1.77 (not annualized)
  • Diluted EPS: ₹1.77 (not annualized)
  • Paid-up Equity Share Capital: ₹8,073.33 lakhs (Face Value ₹2 per share)
  • Other Equity: Not specified in standalone context

Key Financial Figures - Standalone Results (Quarter Ended June 30, 2026)

Revenue and Profitability:

  • Revenue from Operations: ₹10,271.64 lakhs
  • Other Income: ₹1,157.58 lakhs
  • Total Income: ₹11,429.22 lakhs
  • Profit before tax: ₹7,947.08 lakhs
  • Tax expense: ₹2,027.04 lakhs (Current Tax) and deferred tax credit of ₹(1.95) lakhs
  • Profit for the period: ₹5,956.27 lakhs
  • Other Comprehensive Income: ₹0.01 lakhs
  • Total Comprehensive Income: ₹5,956.28 lakhs

Earnings Per Share:

  • Basic EPS: ₹1.48 (not annualized)
  • Diluted EPS: ₹1.48 (not annualized)
  • Paid-up Equity Share Capital: ₹8,073.33 lakhs (Face Value ₹2 per share)
  • Other Equity: ₹2,01,991.82 lakhs

Segment Information - Consolidated (Quarter Ended June 30, 2026)

Segment Revenue:

  • EPC Segment: ₹8,206.89 lakhs
  • Real Estate Segment: ₹13,678.17 lakhs
  • Total Segment Revenue: ₹21,885.06 lakhs
  • Less: Inter Segment Revenue: ₹53.73 lakhs
  • Net Sales/Income from Operations: ₹21,831.33 lakhs

Segment Results:

  • EPC Segment: ₹4,702.80 lakhs
  • Real Estate Segment: ₹2,695.41 lakhs
  • Unallocated: ₹1,111.49 lakhs
  • Total Segment Results: ₹8,509.70 lakhs
  • Less: Unallocated Finance Costs: ₹47.57 lakhs
  • Total Profit Before Tax: ₹8,462.13 lakhs

Segment Assets and Liabilities:

  • EPC Segment Assets: Not quantified
  • Real Estate Segment Assets: Not quantified
  • Unallocated Assets: ₹80,043.44 lakhs
  • Total Segment Assets: ₹2,95,337.46 lakhs
  • EPC Segment Liabilities: ₹9,483.10 lakhs
  • Real Estate Segment Liabilities: ₹42,538.28 lakhs
  • Unallocated Liabilities: ₹12,469.28 lakhs
  • Total Segment Liabilities: ₹64,490.66 lakhs

Board Appointments and Changes

New Director Appointments:

1. Mr. Vatsal P. Shah (DIN: 08125055)

  • Appointment as Additional Director in category of Non-Executive Non-Independent Director
  • Effective from August 12, 2026
  • Subject to shareholder approval by Postal Ballot
  • Liable to retire by rotation
  • Qualification: Bachelor of Science in Business Administration from Northeastern University, Master of Science in Business Analytics from University of Miami
  • Current Role: Director of MICL Global Inc (wholly owned subsidiary)
  • Relationship: Son of Mr. Parag K. Shah (Chairman) and brother of Mr. Manan P. Shah (Managing Director)
  • Not debarred from holding director office

2. Mr. Sivaramakrishnan S. Iyer (DIN: 00503487)

  • Appointment as Additional Director in category of Non-Executive Independent Director
  • Effective from August 12, 2026
  • First term of 5 consecutive years
  • Not liable to retire by rotation
  • Subject to shareholder approval by Postal Ballot
  • Qualification: Chartered Accountant, Company Secretary, Bachelor of Commerce
  • Experience: 35+ years in corporate finance, debt/equity fundraising, M&A, capital structuring
  • Not related to any existing directors
  • Not debarred from holding director office

Chairman Re-designation:

  • Mr. Parag K. Shah re-designated and appointed as Chairman of the Company
  • Effective from August 12, 2026
  • Previously Non-executive Director

Auditor Review

  • G. M. Kapadia & Co., Chartered Accountants (Firm Registration No. 104767W) issued limited review reports
  • Review conducted pursuant to Standard on Review Engagements (SRE) 2410
  • Reports cover both consolidated and standalone financial results for quarter ended June 30, 2026
  • Conclusion: No material misstatement found in the financial results

Subsidiaries and Associates Coverage

Entities included in consolidation:

  • 12 Subsidiaries: Man Realtors and Holdings Private Limited, Manaj Infraconstruction Limited, MICL Realtors Private Limited, Man Aaradhya Infraconstruction LLP, Man Vastucon LLP, MICL Developers LLP, MICL PMC Services LLP, MICL Global INC, MICL Builders LLP, Man Infra Contracts LLP, MICL Creators LLP, MICL Shreepati August LLP
  • 1 Joint Venture: Man Chandak Realty LLP
  • 7 Associates: MICL Realty LLP, Atmosphere Realty Private Limited, Royal Netra Constructions Private Limited, MICL Properties LLP, Arhan Homes LLP, Atmosphere Homes LLP, Trident Agro Terminals and Logistic Private Limited

Important Notes

1. Interest Income Reclassification: With effect from current quarter, interest income of ₹2,232.90 lakhs (consolidated) and ₹2,485.68 lakhs (standalone) has been reclassified as Other Operating Revenue as it is ancillary to primary revenue generating activities

2. Comparative Figures: Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published year-to-date figures

3. Segment Reporting: Finance cost is now allocated to respective segments for better presentation, with comparative figures restated

4. Review Process: Financial results reviewed by Audit Committee and approved by Board of Directors on August 12, 2026

5. Regulatory Compliance: Disclosure made pursuant to SEBI Circular No. SEBI/H0/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Meeting Details

  • Board Meeting held on August 12, 2026
  • Commenced at 12:50 PM and concluded at 1:45 PM

#Tags: #ManInfraconstruction #Q2Results #BoardAppointments #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral