Manav Infra Projects quarterly results and financials

Manav Infra Projects (MANAV)₹36.85−4.90%(2 Nov 2026 close)Civil Construction

Key facts

In the Mar 2026 quarter (standalone), Manav Infra Projects reported sales of ₹32.21 Cr, up 77.2% from Mar 2025, and net profit of ₹3.60 Cr, up 20.0% year on year. For the year to Mar 2026, sales were ₹41.66 Cr and net profit ₹4.02 Cr.

Sales (Mar 2026): ₹32.21 Cr
Net profit (Mar 2026): ₹3.60 Cr
Sales (FY Mar 2026): ₹41.66 Cr
Net profit (FY Mar 2026): ₹4.02 Cr
EPS (Mar 2026): ₹2.73
Borrowings (Mar 2026): ₹5.72 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Manav Infra Projects quarterly results

₹ crore unless stated; each column is a quarter.

Manav Infra Projects Quarterly results
	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Sales	8.58	5.53	8.82	6.36	18.18	9.45	32.21
Expenses	4.84	4.54	6.53	4.88	14.32	8.29	26.68
Operating Profit	3.75	1.00	2.29	1.47	3.85	1.17	5.51
OPM %	43.6%	17.9%	25.9%	23.3%	21.1%	12.3%	17.1%
Other Income	0.13	0.00	0.00	0.00	0.16	0.23	0.07
Interest	0.76	0.64	0.57	0.72	0.83	0.46	0.46
Depreciation	0.70	0.23	0.25	0.53	0.28	0.53	0.88
Profit before tax	2.41	0.13	1.47	0.24	2.89	0.40	4.23
Tax %	24.1%	25.0%	26.0%	8.7%	−4.5%	−5.2%	14.4%
Net Profit	1.81	0.08	1.06	0.20	3.00	0.40	3.60
EPS (Rs)	1.32	0.06	0.77	0.14	2.28	0.30	2.73

Manav Infra Projects profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Manav Infra Projects Profit and loss
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	14.86	16.47	18.12	20.90	15.55	8.63	5.06	5.40	11.96	14.34	24.55	41.66
Expenses	14.42	14.51	15.91	17.65	12.00	11.36	7.95	7.24	9.14	11.03	19.17	34.97
Operating Profit	0.46	1.95	2.20	3.24	3.55	−2.73	−2.89	−1.85	2.83	3.31	5.37	6.67
OPM %	3.0%	11.7%	12.0%	15.5%	22.7%	−31.6%	−57.1%	−34.2%	23.6%	23.0%	21.8%	16.0%
Other Income	1.40	−0.04	0.23	0.27	0.03	0.15	−0.96	−0.08	0.11	−0.04	0.11	0.30
Interest	0.66	0.90	1.06	1.21	1.39	1.42	1.35	1.25	1.47	1.20	1.54	0.91
Depreciation	0.81	0.59	0.56	1.02	1.79	2.14	1.58	1.06	0.70	0.49	0.82	1.42
Profit before tax	0.38	0.43	0.80	1.27	0.39	−6.15	−6.77	−4.23	0.76	1.59	3.11	4.63
Tax %	100.0%	−45.3%	−30.5%	−0.8%	−15.9%	−3.9%	−2.5%	−2.1%	21.3%	26.5%	−3.6%	12.9%
Exceptional items	0.99	0.00	0.00	0.23	−0.02	−0.15	−0.95	−0.07	0.08	−0.01	0.11	0.00
Net Profit	0.00	0.60	1.02	1.26	0.43	−5.89	−6.58	−4.12	0.59	1.15	3.21	4.02
EPS (Rs)	0.00	1.51	2.57	0.92	0.31	−4.30	−4.80	−3.00	0.43	0.84	2.44	3.05
Dividend payout %	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Manav Infra Projects balance sheet

₹ crore, at each year end.

Manav Infra Projects Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1.99	1.99	1.99	6.83	6.84	6.82	6.82	6.82	6.82	6.82	13.13	13.13
Reserves	2.24	2.81	3.84	5.80	6.22	0.05	−6.52	−10.65	−10.05	−8.90	−5.05	−1.02
Borrowings	2.59	3.32	3.64	6.63	11.29	11.61	11.38	11.99	9.84	9.40	7.30	5.72
Other Liabilities	4.30	5.73	3.57	2.99	3.15	2.72	2.54	2.07	3.00	3.92	6.27	6.18
Total Liabilities	11.12	13.85	13.04	22.25	27.50	21.20	14.22	10.23	9.61	11.24	21.65	24.01
Fixed Assets	1.88	1.38	2.31	3.75	7.04	5.56	3.80	2.49	1.68	1.67	3.34	6.61
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.08	0.07	0.07	0.07	0.07	0.07	0.00	0.16	0.00	0.98
Other Assets	9.24	12.47	10.65	18.43	20.39	15.57	10.35	7.67	7.93	9.41	18.31	16.42
Inventories	0.00	0.00	1.92	4.09	4.54	4.35	2.24	0.00	0.00	0.00	0.00	0.00
Trade receivables	2.91	5.25	5.31	9.13	10.77	6.35	3.54	3.57	3.40	4.57	6.03	10.89
Cash & equivalents	3.82	4.26	0.35	0.07	0.04	0.00	0.27	0.07	0.03	0.11	6.99	0.12
Total Assets	11.12	13.85	13.04	22.25	27.50	21.20	14.22	10.23	9.61	11.24	21.65	24.01

Manav Infra Projects cash flow

₹ crore, for each year.

Manav Infra Projects Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	2.91	0.22	−0.48	−3.42	3.89	1.74	1.02	1.11	3.36	0.35	2.64	1.17
Cash from investing activity	3.47	−0.14	−1.97	−2.97	−5.86	−0.67	1.60	0.60	0.05	−0.62	−2.46	−5.70
Cash from financing activity	−5.78	0.33	−1.46	6.11	1.94	−1.10	−2.36	−1.92	−3.46	0.32	6.67	−2.31
Net cash flow	0.62	0.46	−3.93	−0.27	−0.03	−0.05	0.28	−0.23	−0.05	0.09	6.90	−6.88
Capex	0.00	0.14	1.78	2.75	5.11	1.20	0.00	0.02	0.00	0.61	2.82	5.01
Free cash flow	6.39	0.11	−1.74	−5.66	−1.18	1.06	1.02	1.35	3.46	−0.14	0.14	−3.81
CFO / OP %	702.0%	38.0%	−22.0%	−106.0%	113.0%	−64.0%	−36.0%	−61.0%	125.0%	24.0%	49.0%	18.0%

Manav Infra Projects ratios

Working-capital days and returns, by year.

Manav Infra Projects Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	71	116	106	159	252	268	256	241	103	116	89	95
Inventory days	0	0	157	243	—	642	387	0	0	0	0	—
Days payable	—	—	253	106	—	252	255	—	—	—	—	—
Cash conversion cycle	71	116	8	294	252	657	385	241	103	116	89	95
Working capital days	−28	5	63	180	230	212	−60	−267	−145	−59	0	53
ROCE %	−3.9%	17.8%	20.8%	15.4%	8.1%	−21.4%	−29.6%	−29.3%	28.7%	40.1%	39.9%	33.1%

Manav Infra Projects: frequently asked questions

What are the latest quarterly results of Manav Infra Projects?

For the Mar 2026 quarter, Manav Infra Projects reported sales of ₹32.21 Cr, up 77.2% year on year and net profit of ₹3.60 Cr, up 20.0% year on year. The operating margin was 17.1%.

What is the annual revenue of Manav Infra Projects?

Manav Infra Projects' sales for the year to Mar 2026 were ₹41.66 Cr.

What is the net profit of Manav Infra Projects?

Net profit for the year to Mar 2026 was ₹4.02 Cr. Earnings per share over the same trailing period were ₹3.05.

How much debt does Manav Infra Projects have?

Manav Infra Projects reported borrowings of ₹5.72 Cr at Mar 2026, against cash and equivalents of ₹0.12 Cr.

What is the free cash flow of Manav Infra Projects?

Cash from operations was ₹1.17 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3.81 Cr.

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