Man Infraconstruction FY26 Revenue ₹630 Cr, Eyes ₹35,000 Cr GDV by 2031
Man Infraconstruction reported FY26 sales of ~₹1,800 Cr and collections of ₹990 Cr. FY26 Revenue from Operations was ₹630 Cr, with PAT at ₹201 Cr. The company targets ₹35,000+ Cr GDV by 2031 and aims for over ₹5,000 Cr sales in FY27 and FY28.
The announcement details significant financial performance for FY26 and outlines a very ambitious long-term growth strategy with substantial GDV and sales targets, indicating a high potential impact on the company's future.
The company reported strong sales figures, maintained a healthy PAT margin, and has ambitious growth plans, including a significant increase in GDV target and sales targets for the upcoming years, while also maintaining a net debt-free status.
Man Infraconstruction Limited (MICL Group) announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported FY26 sales of approximately ₹1,800 crores and collections of ₹990 crores, selling over 5 lakh sq. ft. of carpet area. In Q4 FY26, MICL recorded sales of ₹438 crores and collections of ₹279 crores, with the sale of 1.2 lakh sq. ft. of carpet area.
Consolidated financial highlights for FY26 include Revenue from Operations at ₹630 crores, Total Income at ₹792 crores, and Profit Before Tax (PBT) at ₹285 crores. Profit After Tax (PAT) after Minority Interest stood at ₹201 crores, with a healthy PAT Margin of 25.3%. Consolidated liquidity was ₹686 crores as of March 2026, and the company maintained a Net Debt-Free status.
Looking ahead, MICL Group aims to double its development portfolio to over ₹35,000 crores by 2031. The company has a real estate portfolio valued at over ₹17,575 crores of estimated Gross Development Value (GDV), with a balance sales visibility of more than ₹13,300 crores. MICL plans to deliver over 1 million sq. ft. of carpet area in the next 6-18 months and has the largest ever launch pipeline with ongoing and upcoming launches of approximately ₹5,600 crores during FY27. Ambitious sales targets of over ₹5,000 crores are set for FY27 and FY28. The company will also introduce a new ultra-luxury vertical, “MS Collection” Residences.
Manan Shah, Managing Director, stated that FY26 marked an end to the consolidation phase and that FY27 has begun strongly with a target to achieve the best-ever real estate sales. He highlighted a significant share of revenue recognition expected in upcoming years, the highest-ever launch pipeline in FY27, and strong sales ambitions for the next two years.
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Man Infraconstruction Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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