Rs 416 crore EPC order book: Infraconstruction company’s wholly owned subsidiary has acquired 50% of membership interest in Admire 1250 LLC
DSIJ Intelligence-1 / 26 Aug 2025/ Categories: Mindshare, Trending
The company's shares have an ROE of 18 per cent and an ROCE of 24 per cent.
Man Infraconstruction Limited, through its wholly-owned subsidiary MICL Global, Inc., has acquired a 50% membership interest in Admire 1250 LLC as of August 26, 2025. This acquisition is a cash consideration with an initial capital contribution of USD 5 million. Admire 1250 LLC is a newly incorporated entity in Delaware, USA, with no prior turnover, and is in the initial stages of its business operations. The acquisition is intended for the purpose of carrying out real estate development and other related activities.
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The transaction is not considered a related party transaction. However, Mr. Vatsal Shah, a member of the promoter group, will be appointed as a manager of Admire 1250 LLC. This strategic investment aligns with Man Infraconstruction's business objectives to engage in real estate development activities. The newly acquired associate entity will serve as a vehicle for the company's real estate ventures in the United States.
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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, 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 6,400 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 22 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.