| Market Cap | ₹56.74 CrMicro Cap |
|---|---|
| 1-Year Return | 277.27%Price Performance |
| RSI | 54.59Neutral Zone |
| Order from | Kanakia Transparent Developers Private Limited |
| Deal value | ₹7.24 Cr |
| Share of market cap | 12.8% |
| Share of annual revenue | 29.6% |
Key highlights
- The total order value is ₹7,23,96,812, which includes GST at a rate of 18%
- The contract was awarded by Kanakia Transparent Developers Private Limited for projects in Borivali
- Scope of work includes infrastructure development for Shree Mohan CHSL and Janeshwar CHS
- Manav Infra Projects reported a significant annual net profit growth of 178.39%
- Promoter holding remains stable and high at 68.84% as per latest filings
What Is the Order?
Manav Infra Projects Limited has successfully secured a fresh work order from Kanakia Transparent Developers Private Limited for infrastructure developments in Mumbai. The project, valued at 7,23,96,812 rupees, includes 18 percent GST and focuses on the Shree Mohan CHSL and Janeshwar CHS sites located in Borivali. This contract entails carrying out essential infrastructure works, aligning with the company core competency in earthmoving and construction services.
The company has clarified that this transaction falls within the normal course of business, contributing directly to its operational revenue stream for the upcoming fiscal periods.
Client Profile
The contract is awarded by Kanakia Transparent Developers Private Limited, a subsidiary or associate of the Kanakia Group. Established in 1986, the Kanakia Group is a well-known name in the Indian real estate industry, having developed over 14 million square feet of commercial, residential, and entertainment spaces. Partnering with established developers like Kanakia provides Manav Infra Projects with exposure to high-value residential redevelopments and large-scale urban infrastructure projects in the Mumbai Metropolitan Region, where real estate demand remains consistently high for premium and redevelopment segments.
Business Impact
This 7.24 crore order represents a substantial addition to the company current revenue scale, considering its annual operating revenue stood at 24.5 crore for the previous fiscal year. By securing this contract, Manav Infra Projects strengthens its presence in the residential infrastructure segment and bolsters its order book. The project location in Borivali, a high-density suburb, suggests steady execution cycles.
Financially, the company has demonstrated robust growth with a 178.39 percent increase in net profit annually, and this new order provides further visibility for its top-line performance through the 2026 fiscal year.
Financial Context
- The company currently commands a market capitalization of 56.74 crore with a price-to-earnings ratio of 17.63
- Stock performance has been exceptional, recording a one-year price change of 277.27 percent, outperforming the construction sector average
- Annual revenue growth stands at 72.2 percent year-on-year, supported by a healthy return on equity of 39.71 percent
- Technical indicators show a Day RSI of 54.59 and a Day MFI of 59.03, suggesting the stock is trading in a neutral momentum zone
| Share price | ₹41.5 |
|---|---|
| Market capitalisation | ₹56.74 Cr |
| Revenue (annual) | ₹24.50 Cr |
| Net profit (annual) | ₹3.22 Cr |
| P/E (TTM) | 17.63×Sector 36.51× |
| Promoter holding | 68.84% |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Manav Infra Projects Limited announcing the receipt of a new work order from Kanakia Transparent Developers Private Limited. Market figures from a third-party data provider.
