Man Infraconstruction Q1 Results Review - All Eyes On New Launches; Maintain Buy: Axis Securities

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Axis Securities Report

Man Infraconstruction Ltd. reported a revenue of Rs 342 crore in Q1 FY25. This is a 15.1% QoQ growth but a decline of 33% YoY owing to a lower inventory base. The company’s Ebitda margins stand at 24.4%, showcasing a 46% growth QoQ and a 14.2% growth on a YoY basis. This reflects the company’s asset-light model.

Man Infra has reported a PAT of Rs 78 crore for Q1 FY25, reflecting an 18.8% QoQ growth. The company has recorded improved Ebitda and PAT margins and a healthy cash flow from operations standing at Rs 321 crore.

The company is net cash positive and has further reduced its debt to Rs 33 crore. Its collections stand at Rs 286 crore and recorded sales of Rs 691 crore in Q1 FY25, translating to a sales volume of 2.4 Lc sq ft.

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Axis Securities Man Infraconstrution Q1FY25 Result Update.pdf

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Also Read: NCC Q1 Results Review - Growth Sustained: IDBI Capital

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