Rs 416 crore EPC order book: Infraconstruction company diluted MICL Developers LLP stake from 99.98% to 69.99%
DSIJ Intelligence-1 / 03 Oct 2025/ Categories: Mindshare, Trending
The stock is up 11.11 per cent from its 52-week low of Rs 135.05 per share.
Man Infraconstruction Ltd (MICL) has informed the exchange, as required by SEBI regulations, that it has partially diluted its partnership interest in its entity, MICL Developers LLP. The company's stake in the LLP has been reduced from 99.98 per cent to 69.99 per cent. The sale agreement was entered into and completed on October 01, 2025, for a total consideration of Rs 29,990. The company confirmed that the acquirers of the diluted stake are not part of the promoter or promoter group.
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This dilution impacts an entity that, as of March 31, 2025, had a capital contribution of Rs 1,00,000 and a total income of Rs 78,50,735. This move signifies a change in the operational control or capital structure of MICL Developers LLP, bringing in external partners while Man Infraconstruction Ltd. retains the majority 69.99% interest. The disclosure ensures compliance with the necessary SEBI Listing Obligations regarding changes in partnership interests.
About the Company
Man Infraconstruction Ltd, a Mumbai-based company listed on both NSE (MANINFRA) and BSE (533169), specialises in EPC (Engineering, Procurement, and Construction) and Real Estate Development. It has a 50-year EPC history and strong execution in the ports, residential, commercial, industrial, and road sectors across India. Man Infra also excels in Mumbai's real estate market, delivering high-quality residential projects on time. Its construction management expertise and resources make it a capable real estate developer.
In June 2025, DIIs & FIIs increased their stake to 4.28 per cent compared to March 2025. Man Infraconstruction Ltd. has announced a strong Order Book of Rs 416 crore as of June 2025. The company has a market cap of over Rs 6,000 crore with a net cash positive position.
According to Quarterly Results (Q1FY26), the company reported net sales of Rs 183 crore and net profit of Rs 58 crore while in FY25 results, the company reported net sales of Rs 1,108 crore and net profit of Rs 313 crore. The company's shares have an ROE of 18 per cent and an ROCE of 24 per cent. The stock is up 11.11 per cent from its 52-week low of Rs 135.05 per share.
Disclaimer: The article is for informational purposes only and not investment advice.