Man Infraconstruction Limited has scheduled its 24th Annual General Meeting (AGM) for August 12, 2026, at 11.00 A.M. IST, to be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company informed the stock exchanges on July 17, 2026, that it has dispatched letters containing the web-link for the Annual Report 2025-26 to members who have not registered their email addresses with the company or depositories. This intimation was made pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key AGM Details

The Annual Report for the financial year 2025-26 is accessible on the company's official website at https://www.maninfra.com/annual-reports/#ir . The company has fixed August 05, 2026 as the cut-off date for determining the eligibility of members to vote by remote e-voting or e-voting at the AGM. Remote e-voting via NSDL will commence on August 09, 2026 at 9:00 A.M. and end on August 11, 2026 at 5:00 P.M.

AGM Agenda

The ordinary business at the AGM includes adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, confirmation of two interim dividends of Rs. 0.45 per equity share each (totalling Rs. 0.90 per share) as final dividend, and re-appointment of Mr. Ashok M. Mehta (DIN: 03099844) as a retiring director. Under special business, members will consider ratification of remuneration of Rs. 97,750/- payable to M/s. Shekhar Joshi & Co., Cost Accountants, for the financial year ending March 31, 2027. Additionally, the appointment of Mr. Rajiv N. Sheth (DIN: 00539774) as an Independent Director for a first term of five consecutive years commencing July 03, 2026 up to July 02, 2031 will be considered. Mr. Berjis Desai, who retires by rotation, has not offered himself for re-appointment, and the vacancy so caused will not be filled.

FY26 Financial Performance

The company delivered a strong financial performance for FY 2025-26. On a consolidated basis, revenue from operations stood at Rs. 63,046.14 lakhs, while total income was Rs. 79,201.99 lakhs. Consolidated net profit after non-controlling interest stood at Rs. 20,058.10 lakhs, reflecting a margin of 25.3%. The company closed the financial year net debt-free with cash and cash equivalents of ₹686 crores. On a standalone basis, revenue from operations was Rs. 28,555.19 lakhs and profit after tax was Rs. 15,483.07 lakhs.

Consolidated Income Statement Summary (Amount in INR Crores)

Standalone Income Statement Summary (Amount in INR Crores)

Operational Highlights and Business Update

In FY26, the company recorded annual sales of ₹1,800 crores backed by 5.02 lakh sq. ft. of carpet area sold, with collections at approximately ₹990 crores. The company acquired a new project at Tardeo, South Mumbai, with an estimated gross development value (GDV) of ₹2,000 crores, taking its combined South Mumbai portfolio across Tardeo and Marine Lines past ₹8,000 crores. A third luxury acquisition in Bandra — an ultra-luxury sea-view development off Bandstand — was secured, bringing the Bandra portfolio to a combined GDV of ₹2,350+ crores. The ongoing and upcoming portfolio now stands at ₹18,625 crores in GDV across 12 projects and 5.3 million square feet of carpet area. The company is preparing to launch new projects with a combined GDV potential of over ₹6,700 crores, spanning Marine Lines, Tardeo, Pali Hill, off-Bandstand and Mulund. The EPC order book as of March 31, 2026 stood at ₹392 crore. The company also has a growing international presence through MICL Global with a combined development value of over USD 1.4 billion across Florida, USA.

Shareholder and Compliance Information

The company reminded shareholders to update their KYC details, including PAN, address, mobile number, and bank account details, in compliance with SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 07, 2024. Security holders holding securities in physical mode must update their folios accordingly. Shareholders were also encouraged to register their email IDs to avail online services and support the green initiative. CARE Ratings Limited has reaffirmed the company's credit rating at CARE A+; Stable for long-term bank facilities and CARE A+; Stable / CARE A1 for long-term/short-term bank facilities during FY 2025-26.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE949H01023/8b37a42c40f94b37.pdf

Man Infraconstruction Limited reported zero safety incidents and maintained full regulatory compliance in its Business Responsibility and Sustainability Report for FY 2025-26. The engineering, procurement, and construction (EPC) company disclosed total energy consumption of 10,216.69 GJ and Scope 1 greenhouse gas emissions of 701.95 metric tonnes of CO2 equivalent. The firm operates through an Integrated Management System certified to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.

Operational and Financial Metrics

The company’s turnover for the reporting period stood at ₹285.55 crore, with a net worth of ₹2,100.65 crore. Port infrastructure and EPC works accounted for 98% of the total turnover. The entity reported a paid-up capital of ₹80.73 crore and listed its shares on the National Stock Exchange of India Limited and BSE Limited.

Environmental Performance

Man Infraconstruction’s environmental data indicated a shift in energy sources compared to the previous year. Total electricity consumption was 747.42 GJ, while fuel consumption reached 9,469.28 GJ. The company reported no energy consumption from renewable sources in FY 2025-26, contrasting with 1,744 GJ in the prior year, attributing the change to the nature of construction work and space constraints for solar setups.

Water withdrawal increased to 43,165.43 kilolitres, primarily sourced from third-party suppliers, due to construction activities at a port project site. The company implemented a Zero Liquid Discharge mechanism at one site, harvesting 10,71,000 litres of rainwater. Air emissions included 5,755.86 kg of NOx and 243.98 kg of particulate matter.

Social and Governance Disclosures

The workforce comprised 148 permanent employees and 243 workers, all of whom received training on health and safety measures. The company reported zero instances of sexual harassment, child labour, or forced labour. Turnover rates for permanent employees rose to 15.38% in FY 2025-26 from 12.86% in the previous year, attributed to the completion of a port project.

Governance frameworks included an ESG committee led by Mr. Ashok M. Mehta to oversee sustainability initiatives. The company confirmed no fines, penalties, or non-compliances with environmental laws during the financial year. Material risks identified included energy consumption, embodied carbon in materials, and geopolitical conflict-led cost escalation.