Order Win Boosts Microcap Momentum: Manav Infra Secures Rs 1.38 Crore Project Deal

Manav Infra Projects Ltd, a small-cap infrastructure services company listed on the NSE, has announced a fresh order win worth Rs 1.38 crore (Rs 13.8 million), signaling continued traction in its project pipeline. The development comes amid the company’s efforts to strengthen its financial footing and expand its presence in niche infrastructure segments.

Here’s a detailed look at the announcement and its broader implications.

Key Highlights of the Order

- The order is valued at Rs 1.38 crore and is expected to be executed over the next few months  
- While the client and project specifics have not been disclosed, the order is likely to fall within the company’s core competencies in civil construction, equipment leasing, or marine infrastructure  
- The deal adds to the company’s modest but growing order book, supporting revenue visibility for FY26  

Company Snapshot and Financial Context

- Manav Infra Projects Ltd reported total revenue of Rs 14.31 crore for FY24, up from Rs 12.07 crore in FY23  
- Net profit for FY24 stood at Rs 1.15 crore, nearly doubling from Rs 0.60 crore in the previous year  
- The company maintains a high gross margin of over 93 percent, reflecting its asset-light operations and focus on specialized services  
- Despite a negative equity position due to accumulated losses, the firm has shown signs of operational turnaround  

Market Position and Outlook

- The company operates primarily in Maharashtra and Gujarat, offering services in port development, dredging, and construction equipment rental  
- With a market capitalization under Rs 25 crore, Manav Infra is considered a microcap stock with high volatility and limited institutional coverage  
- The latest order win, though modest in size, reinforces investor confidence in the company’s ability to secure recurring business  

As Manav Infra Projects Ltd continues to rebuild its financial base and pursue targeted growth, this new order serves as a small but meaningful step in its recovery narrative—one that investors and industry watchers will be tracking closely.

Sources: Investing.com India, NSE Corporate Filings, June 2025

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