Why is Man Infraconstruction Ltd ?
1
Negative results in Sep 25
- NET SALES(Q) At Rs 148.75 cr has Fallen at -37.3% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs 39.58 cr has Fallen at -30.5% (vs previous 4Q average)
- OPERATING CF(Y) Lowest at Rs 132.99 Cr
2
With ROE of 12.4, it has a Very Expensive valuation with a 2 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -45.88%, its profits have risen by 0.4%
3
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -1.29% over the previous quarter and collectively hold 5.95% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
4
Below par performance in long term as well as near term
- Along with generating -45.88% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Man Infra for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Man Infra
-45.73%
-1.31
35.00%
Sensex
7.88%
0.70
11.23%
Quality key factors
Factor
Value
Sales Growth (5y)
30.72%
EBIT Growth (5y)
97.23%
EBIT to Interest (avg)
9.73
Debt to EBITDA (avg)
1.32
Net Debt to Equity (avg)
-0.28
Sales to Capital Employed (avg)
0.78
Tax Ratio
21.69%
Dividend Payout Ratio
11.95%
Pledged Shares
0
Institutional Holding
5.95%
ROCE (avg)
28.01%
ROE (avg)
18.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
35
Price to Book Value
1.99
EV to EBIT
13.32
EV to EBITDA
12.88
EV to Capital Employed
2.39
EV to Sales
4.31
PEG Ratio
NA
Dividend Yield
0.79%
ROCE (Latest)
17.93%
ROE (Latest)
12.42%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Bullish
Technical Movement
2What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 15.55 times
-20What is not working for the Company
NET SALES(Q)
At Rs 148.75 cr has Fallen at -37.3% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 39.58 cr has Fallen at -30.5% (vs previous 4Q average
OPERATING CF(Y)
Lowest at Rs 132.99 Cr
ROCE(HY)
Lowest at 17.82%
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.51 times
DPR(Y)
Lowest at 11.95%
NON-OPERATING INCOME(Q)
is 49.30 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Man Infra
Debtors Turnover Ratio- Half Yearly
Highest at 15.55 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Man Infra
Net Sales - Quarterly
At Rs 148.75 cr has Fallen at -37.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 237.34 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 39.58 cr has Fallen at -30.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 56.97 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Inventory Turnover Ratio- Half Yearly
Lowest at 1.51 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Operating Cash Flow - Annually
Lowest at Rs 132.99 Cr
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 148.75 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Non Operating Income - Quarterly
is 49.30 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Dividend Payout Ratio (DPR) - Annually
Lowest at 11.95%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






