Manav Infra Projects secures revised work order worth ₹12.09 crore

1 min read     Updated on 02 Jun 2026, 10:18 AM
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AI Summary

Manav Infra Projects Ltd received a revised work order from Kanakia Transparent Developers Private Limited for infra works at Shree Mohan CHSL and Janeshwar CHS in Borivali, Mumbai. The project value was revised to ₹12.09 crore from the previous ₹7.23 crore due to scope changes and work extension. The revised amount is inclusive of GST at 18%.

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Manav Infra Projects Ltd has secured a revised work order from Kanakia Transparent Developers Private Limited for infra works at a project in Mumbai. The new order, valued at ₹12.09 crore, marks an increase from the previously assigned contract value due to changes in project scope and extension of work at the site.

The project involves infra works for Shree Mohan CHSL and Janeshwar CHS located in Borivali, Mumbai. The company had initially received a work order amounting to ₹7.23 crore. The revised valuation of ₹12.09 crore is inclusive of GST at 18%.

The disclosure was submitted to the National Stock Exchange of India Limited on June 1, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. The intimation was signed by Mahendra Narayan Raju, Managing Director of Manav Infra Projects Ltd.

Financial Details of the Order

The following table outlines the financial comparison between the initial and revised work orders:

Description Amount
Initial Work Order Value ₹7.23 crore
Revised Work Order Value ₹12.09 crore
GST Rate 18%

The revision in the contract value reflects the expanded scope of work required at the project site. The company stated that this development is part of its normal course of business.

Historical Stock Returns for Manav Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-4.95%-11.48%+13.95%+63.37%+176.85%+700.97%

How will the revised order impact Manav Infra Projects Ltd's revenue projections for the current fiscal year?

What are the expected margins on the expanded scope of work compared to the initial contract?

Does this revision indicate a trend of increasing project scope changes in the Mumbai infrastructure sector?

Manav Infra FY26 Net Profit Rises to ₹402.55 Lakh

1 min read     Updated on 23 May 2026, 05:34 PM
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Manav Infra Projects Limited reported a 25% increase in net profit to ₹402.55 lakh for FY26, driven by a 70% rise in revenue from operations to ₹4155.77 lakh. The board approved the audited results on May 22, 2026, with auditors issuing an unmodified opinion.

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Manav Infra Projects Limited has reported its audited standalone financial results for the fiscal year ended March 31, 2026. The company's board of directors approved the financial statements during a meeting held on May 22, 2026. The statutory auditors, M/s. Singhal & Sewak, have issued an audit report with an unmodified opinion on the results.

Financial Performance

For the full year ended March 31, 2026, the company recorded a revenue from operations of ₹4155.77 lakh, a significant increase compared to ₹2449.73 lakh in the previous year. Total revenue for the period stood at ₹4184.44 lakh. The net profit for the year rose to ₹402.55 lakh, up from ₹321.87 lakh in the corresponding period of the previous year.

The profit before tax for the year was reported at ₹462.17 lakh. Total expenses for the fiscal year amounted to ₹3722.27 lakh, which includes costs such as employee benefits, finance costs, and depreciation. The company reported earnings per equity share (Basic and Diluted) of ₹3.06 for the year ended March 31, 2026.

Segment and Operational Details

Manav Infra Projects is primarily engaged in infrastructure development, infrastructure projects, works contracts, and site preparation services. The company noted that it operates in a single reportable business segment and has not provided separate segment disclosures pursuant to Ind AS 108. The financial statements have been prepared in compliance with Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹2398.52 lakh, comprising non-current assets of ₹1042.77 lakh and current assets of ₹1355.74 lakh. Equity share capital remained constant at ₹1316.00 lakh. The cash flow statement reflected a net decrease in cash and cash equivalents of ₹684.90 lakh during the year, with closing balances reported at ₹13.40 lakh.

Key Financial Metrics

The following table summarizes the key financial figures for the year ended March 31, 2026, compared to the previous year:

Particulars Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs)
Revenue from Operations 4155.77 2449.73
Total Revenue 4184.44 2464.87
Total Expenses 3722.27 2154.29
Profit Before Tax 462.17 310.58
Net Profit 402.55 321.87
Basic EPS (₹) 3.06 4.66

Historical Stock Returns for Manav Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-4.95%-11.48%+13.95%+63.37%+176.85%+700.97%

Given the significant revenue growth of ~70% in FY2026, what specific infrastructure projects or government contracts are likely to drive Manav Infra's revenue trajectory in FY2027?

With EPS declining from ₹4.66 to ₹3.06 despite higher net profits, has the company undertaken equity dilution, and how might future capital raises impact shareholder value?

The sharp net decrease in cash and cash equivalents of ₹684.90 lakh raises liquidity concerns — how sustainable is the company's working capital management as it scales operations further?

More News on Manav Infra Projects

1 Year Returns:+176.85%