The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Man Infraconstruction Limited is an India-based integrated engineering, procurement and construction (EPC) company. The Company is engaged in the business of civil construction, project activities and real estate development, including construction of roads on a…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fairly priced — but flagged on governance.
Man Infra is scored on the general / industrial framework. It keeps a fat 26.6% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.24×) — worth a closer look. Free cash flow is worth about -8.4% of its market value.
Over the last 3 years revenue compounded at -26%/yr and profit at -10%/yr. Book value itself has compounded 26%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.8%. In the latest quarter profit grew 4% versus the prior quarter.
At 22× earnings, the stock sits at the 49th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The forensic screen raises a red flag: 57% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.16 | 22.44 | better |
| P/B | 1.95 | 2.58 | better |
| EV/EBITDA | 12.54 | 29.45 | better |
| ROE | 9.81 | 6.27 | better |
| ROCE | 13.58 | 29.51 | worse |
| ROA | 7.56 | 3.35 | better |
| Quick Ratio | 3.8 | 11.27 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| PSP Projects | 35.9 | 2.4 | 6.7% |
| Glass WALL System (I) | 24.2 | 6.0 | 24.6% |
| M AND B Engineering | 16.7 | 2.5 | 14.1% |
Revenue declined 36% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Profit is growing faster than revenue (-10% vs -26%) — margin expansion is at work. The latest year saw a -33% swing — check if it's a one-off or structural.
Operating margin has expanded from 20% to 36% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 9% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 16pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 20% sequentially — momentum is building. Wide quarterly swings (34% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 37% above earlier ones.
Quarterly margins are compressing (27% → 23%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 62.5% — majority control intact. FIIs trimmed 2.1pp — foreign money is rotating out. MF stake down 2.0pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.