Fresh Win For Manav Infra: ₹1.82 Crore Project Boosts Order Book

Image Source : IPO Central

Manav Infra Projects Ltd has clinched a fresh infrastructure work order valued at ₹1.82 crore, strengthening its order book and reaffirming its role as a key player in India’s civil construction ecosystem. The company, widely recognized for its expertise in piling, excavation, and foundation works, continues its expansion across major Indian states.

Key Highlights From The Announcement

- The ₹1.82 crore win follows recent contracts worth ₹20.7 million in January and ₹19.9 million in March, reflecting a consistent order inflow.
- Manav Infra’s core operations include excavation, piling, rock anchoring, and soil stabilization, with presence in Maharashtra, Gujarat, Telangana, and beyond.
- For FY25, the company reported revenue of ₹24.5 crore and a net profit of ₹3.22 crore, showcasing significant growth.
- Promoter holding declined to 68.84 percent from 73.13 percent in the previous quarter, hinting at possible portfolio reshuffling.
- A PE ratio of 6.88 positions the company as potentially undervalued relative to industry benchmarks.

Impact And Outlook

This new project is expected to enhance operational momentum and support financial stability. With a steady contract pipeline and a focus on debt reduction, Manav Infra aims to consolidate its presence in infrastructure development.

Sources: Screener.in, Trendlyne, Moneycontrol, Zerodha, ManavInfra.com.