Man Infraconstruction Posts FY26 Results And Vision 2031

Man Infraconstruction Limited released audited results for the quarter ended 31 March 2026 and for the year 2025-2026, outlining operational outcomes and strategic goals under a Vision 2031 roadmap. Management described FY26 as a year of marquee project acquisitions, strong sales and consolidation of developments and indicated that FY27 has started with an expanded launch pipeline. The company set an ambition to double its development portfolio to Rs 350 billion (bn) by 2031.

The group reported real estate gross development value of Rs 175.75 billion (bn) and said balance sales visibility exceeded Rs 133 billion, with projects across Tardeo, Marine Lines, BKC, Bandra, Vile Parle, Mulund, Ghatkopar and Dahisar. It recorded FY26 sales of Rs 18 billion and collections of Rs 9.9 billion while selling over 0.5 million (mn) sq. ft. of carpet area. In Q4 sales were Rs 4.38 billion with collections of Rs 2.79 billion and sale of 0.12 mn sq. ft.

Consolidated revenue from operations for Q4 stood at Rs 1.46 billion and total income at Rs 1.87 billion, with profit before tax of Rs 0.55 billion and profit after tax after minority interest of Rs 0.43 billion, yielding a PAT margin of 22.9 per cent. For FY26 consolidated revenue from operations was Rs 6.3 billion and total income Rs 7.92 billion with profit before tax of Rs 2.85 billion and profit after tax of Rs 2.01 billion. Consolidated liquidity was Rs 6.86 billion and the group remained net debt free.

The group outlined an FY27 programme with a launch pipeline of about Rs 56 billion and a sales ambition of over Rs 50 billion across FY27 and FY28, and plans to deliver over one mn sq. ft. of carpet area within the next six to 18 months. South Mumbai holdings represent about Rs 80 billion of GDV and the company will introduce an ultra luxury MS Collection residences vertical to expand its premium offerings as part of the next growth phase.

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