Man Infraconstruction Limited (MANINFRA) - Net Assets

Latest as of September 2025: Rs22.12 Billion INR ≈ $239.23 Million USD

Based on the latest financial reports, Man Infraconstruction Limited (MANINFRA) has net assets worth Rs22.12 Billion INR (≈ $239.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs25.47 Billion ≈ $275.41 Million USD) and total liabilities (Rs3.35 Billion ≈ $36.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Man Infraconstruction Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs22.12 Billion
% of Total Assets	86.86%
Annual Growth Rate	19.85%
5-Year Change	165.89%
10-Year Change	201.62%
Growth Volatility	31.63

Man Infraconstruction Limited - Net Assets Trend (2007–2025)

This chart illustrates how Man Infraconstruction Limited's net assets have evolved over time, based on quarterly financial data. Also explore Man Infraconstruction Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Man Infraconstruction Limited (2007–2025)

The table below shows the annual net assets of Man Infraconstruction Limited from 2007 to 2025. For live valuation and market cap data, see market value of Man Infraconstruction Limited.

Year	Net Assets	Change
2025-03-31	Rs18.44 Billion ≈ $199.42 Million	+21.58%
2024-03-31	Rs15.17 Billion ≈ $164.02 Million	+32.44%
2023-03-31	Rs11.45 Billion ≈ $123.85 Million	+23.16%
2022-03-31	Rs9.30 Billion ≈ $100.55 Million	+34.07%
2021-03-31	Rs6.94 Billion ≈ $75.00 Million	+0.68%
2020-03-31	Rs6.89 Billion ≈ $74.49 Million	-6.48%
2019-03-31	Rs7.37 Billion ≈ $79.65 Million	-3.37%
2018-03-31	Rs7.62 Billion ≈ $82.43 Million	+9.27%
2017-03-31	Rs6.98 Billion ≈ $75.44 Million	+14.10%
2016-03-31	Rs6.11 Billion ≈ $66.12 Million	-5.21%
2015-03-31	Rs6.45 Billion ≈ $69.75 Million	+6.39%
2014-03-31	Rs6.06 Billion ≈ $65.56 Million	+3.33%
2013-03-31	Rs5.87 Billion ≈ $63.44 Million	+7.75%
2012-03-31	Rs5.44 Billion ≈ $58.88 Million	+6.83%
2011-03-31	Rs5.10 Billion ≈ $55.11 Million	+9.38%
2010-03-31	Rs4.66 Billion ≈ $50.38 Million	+72.11%
2009-03-31	Rs2.71 Billion ≈ $29.27 Million	+108.25%
2008-03-31	Rs1.30 Billion ≈ $14.06 Million	+83.44%
2007-03-31	Rs708.57 Million ≈ $7.66 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Man Infraconstruction Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1152130300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs11.52 Billion	65.33%
Common Stock	Rs750.58 Million	4.26%
Other Comprehensive Income	Rs2.81 Billion	15.95%
Other Components	Rs2.55 Billion	14.46%
Total Equity	Rs17.63 Billion	100.00%

Man Infraconstruction Limited Competitors by Market Cap

The table below lists competitors of Man Infraconstruction Limited ranked by their market capitalization.

Company	Market Cap
TINC Comm VA BR:TINC	$525.58 Million
Tianjin Binhai Energy & Development Co Ltd SHE:000695	$525.65 Million
Xiamen Comfort Science&Technology Group Co Ltd SHE:002614	$525.73 Million
Zhejiang Natural Outdoor Goods Inc. SHG:605080	$525.87 Million
Rigel Pharmaceuticals Inc NASDAQ:RIGL	$525.38 Million
Gulf Oil Lubricants India Limited NSE:GULFOILLUB	$525.32 Million
Nanjing Central Emporium Group Stocks Co Ltd SHG:600280	$525.05 Million
Grape King Bio Ltd TW:1707	$525.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Man Infraconstruction Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 14,634,418,000 to 17,634,452,000, a change of 3,000,034,000 (20.5%).
Net income of 2,827,185,000 contributed positively to equity growth.
Dividend payments of 335,943,000 reduced retained earnings.
Share repurchases of 469,552,000 reduced equity.
New share issuances of 469,552,000 increased equity.
Other comprehensive income increased equity by 905,079,000.
Other factors decreased equity by 396,287,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs2.83 Billion	+16.03%
Dividends Paid	Rs335.94 Million	-1.91%
Share Repurchases	Rs469.55 Million	-2.66%
Share Issuances	Rs469.55 Million	+2.66%
Other Comprehensive Income	Rs905.08 Million	+5.13%
Other Changes	Rs-396.29 Million	-2.25%
Total Change	Rs-	20.50%

Book Value vs Market Value Analysis

This analysis compares Man Infraconstruction Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.54x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 32.87x to 2.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	Rs3.66	Rs120.35	x
2008-03-31	Rs6.70	Rs120.35	x
2009-03-31	Rs12.73	Rs120.35	x
2010-03-31	Rs13.72	Rs120.35	x
2011-03-31	Rs13.54	Rs120.35	x
2012-03-31	Rs14.49	Rs120.35	x
2013-03-31	Rs15.59	Rs120.35	x
2014-03-31	Rs16.36	Rs120.35	x
2015-03-31	Rs17.16	Rs120.35	x
2016-03-31	Rs16.29	Rs120.35	x
2017-03-31	Rs17.63	Rs120.35	x
2018-03-31	Rs18.54	Rs120.35	x
2019-03-31	Rs18.69	Rs120.35	x
2020-03-31	Rs18.04	Rs120.35	x
2021-03-31	Rs18.18	Rs120.35	x
2022-03-31	Rs23.15	Rs120.35	x
2023-03-31	Rs29.34	Rs120.35	x
2024-03-31	Rs39.24	Rs120.35	x
2025-03-31	Rs47.34	Rs120.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Man Infraconstruction Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 16.03%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.51%
• Asset Turnover: 0.51x
• Equity Multiplier: 1.23x
Recent ROE (16.03%) is above the historical average (13.34%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	20.19%	17.03%	0.77x	1.54x	Rs72.17 Million
2008	25.08%	14.08%	0.91x	1.95x	Rs195.44 Million
2009	30.55%	13.84%	1.33x	1.66x	Rs546.54 Million
2010	19.40%	16.21%	0.79x	1.51x	Rs428.71 Million
2011	12.46%	10.50%	0.80x	1.49x	Rs123.49 Million
2012	10.10%	11.12%	0.54x	1.67x	Rs5.55 Million
2013	8.31%	10.77%	0.52x	1.47x	Rs-97.56 Million
2014	4.83%	7.28%	0.45x	1.48x	Rs-309.82 Million
2015	7.44%	17.25%	0.29x	1.48x	Rs-163.00 Million
2016	2.19%	5.85%	0.20x	1.90x	Rs-472.15 Million
2017	8.10%	11.74%	0.38x	1.83x	Rs-124.27 Million
2018	9.66%	10.21%	0.48x	1.96x	Rs-23.12 Million
2019	6.02%	11.26%	0.28x	1.94x	Rs-276.09 Million
2020	-1.06%	-2.67%	0.21x	1.94x	Rs-741.01 Million
2021	4.74%	7.69%	0.29x	2.16x	Rs-354.69 Million
2022	25.17%	22.50%	0.56x	2.00x	Rs1.30 Billion
2023	23.74%	13.97%	1.04x	1.63x	Rs1.50 Billion
2024	20.53%	23.78%	0.59x	1.47x	Rs1.54 Billion
2025	16.03%	25.51%	0.51x	1.23x	Rs1.06 Billion

Industry Comparison

This section compares Man Infraconstruction Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $5,406,533,252
Average return on equity (ROE) among peers: 11.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Man Infraconstruction Limited (MANINFRA)	Rs22.12 Billion	20.19%	0.15x	$525.39 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$2.39 Billion	-46.34%	11.33x	$32.19 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$35.98 Billion	12.50%	3.51x	$1.35 Billion
Akash Infra-Projects Limited (AKASH)	$823.15 Million	2.82%	0.82x	$4.86 Million
Ashoka Buildcon Limited (ASHOKA)	$1.53 Billion	2.79%	1.89x	$407.57 Million
AXISCADES Technologies Limited (AXISCADES)	$1.27 Billion	15.54%	0.48x	$923.53 Million
Capacit'e Infraprojects Limited (CAPACITE)	$1.73 Billion	28.13%	4.06x	$230.95 Million
Consolidated Construction Consortium Limited (CCCL)	$4.51 Billion	19.32%	1.22x	$79.43 Million
Ceigall India (CEIGALL)	$4.31 Billion	29.19%	1.22x	$637.91 Million
Dilip Buildcon Limited (DBL)	$1.13 Billion	34.61%	3.83x	$816.55 Million
Dhruv Consultancy Services Limited (DHRUV)	$395.72 Million	12.22%	1.09x	$7.28 Million

About Man Infraconstruction Limited

NSE:MANINFRA India Engineering & Construction

Market Cap

$525.39 Million

Rs48.58 Billion INR

Market Cap Rank

#12283 Global

#582 in India

Share Price

Rs120.35

Change (1 day)

+1.22%

52-Week Range

Rs78.44 - Rs189.45

All Time High

Rs255.26