Man Infraconstruction Ltd Share Price Target 2023, 2024, 2025, 2026, 2030

Man Infraconstruction Ltd Share Price Target 2023, 2024, 2025, 2026, 2030: The economy of the country depends on its construction. It is said that if you want to strengthen the country’s economy, then build roads, cities, ports, so that along with the progress in trade, many foreign companies will come to the country and the country’s economy will be strengthened.

Man Infraconstruction Ltd Company Information

The company was established in 2002. The company deals in engineering and construction/manufacturing. The company basically has 2 segments; deals in EPC (Engineering Procurement & Construction) and Real Estate Development Service.

The company manufactures port, residential, commercial and industrial buildings, roads, etc. Currently the company is working on 5 projects.

In port construction, the company provides services such as container terminals, freight stations, land reclamation, soil consolidation and firefighting, sewage, drainage. In housing construction, the company manufactures apartments to luxurious villas, towns etc.

Looking at the shareholding pattern of the company, promoters hold 67.03%, retail investors hold 30.78%, mutual funds hold 1.62% and FIIs hold 0.57%.

It is worth noting that promoters, mutual funds and FIIs are continuously increasing their stake. Talking about the super investors of the company, one name that pops up is that of Late Rakesh Jhunjhunwala.

Man Infraconstruction Ltd Share Price

Talking about the share price of the company, now the stock seems to be trading around ₹73.

In the last one year, this stock has also been seen trading at its highest price of ₹131 and lowest of ₹70.

From long term perspective, this stock has given 283% returns in last 3 years and 54% returns in 5 years.

Man Infraconstruction Ltd Share Analysis

Looking at the P/E ratio of the stock, it is at 16.65, while the industry P/E is running at 9.03. According to the market, the shares are available at a lower price. If we look at the P/B ratio, then the stock is trading at 3.18 times its book value.

Talking about the debt of the company, the debt to equity is 0.48 which is virtually debt free as the company has 309 times its debt as cash reserve.

Shares on the company also gives a dividend of 1.79%, when it comes to EPS, it is 4.43. According to the industry, the stock is not giving that much EPS, yet if we look at the share price, then this EPS is quite good.

Talking about ROE, it is 28.20, which is much better than other companies. The company’s OPM and NPM are excellent, OPM is 45.69 and NPM is 30.91.

The company is continuously seen increasing its revenue and profit. Where last year the company’s revenue was ₹ 418 crores, in 2022 it has increased by 157% to ₹ 1074 crores.

Talking about the same profit, it has increased by 14%. PAT growth has also been 575%. We have seen a growth of 135% in free cash flow and overall a net change of 837%.

As far as the company is concerned, it is fundamentally very strong. The stock has been able to give a return of 283% in just 3 years. This can be considered a better stock for long term.

Man Infraconstruction Ltd share price target 2023

The company is currently working on several big projects. In the last year itself, we have seen a growth of 97% in the company’s sales, and it is expected that the same growth will be seen in the coming years as well.

The company is debt free, which is very good for the company. If you look at the liquidity position of the company, it is much better.

In 2023, the first target of the stock can be ₹ 85, if we look at the second target, it can be seen around ₹ 90.

Man Infraconstruction Ltd share price target 2024

The revenue of the company is seen increasing year by year and along with it growth is also being seen in the profit.

Talking about the cash conversion period of the company, it is much better. The net income of the company has also seen a growth of up to 575%.

In 2024, the first target of the stock can be ₹ 120, while the second target is likely to go up to ₹ 126.

Man Infraconstruction Ltd share price target 2025

Increasing urbanization in the country can prove to be beneficial for the company. The company has already worked on many big projects and is also working on many projects.

The operating profit margin and net profit margin of the company is also very good, we also found it very good in cash flow.

The first target of the company is expected to be ₹ 140 in 2025, while the second target is likely to be up to ₹ 148.

Man Infraconstruction Ltd share price target 2030

Year after year, we are seeing a lot of growth in the company. Along with making the company debt free, the interest coverage ratio of the company is also very good. Company performance is very good on long term.

In 2030, the first target of the stock can be ₹ 280, while the second target can be seen around ₹ 300.

Conclusion

The company (Man Infraconstruction Ltd) is showing good growth in the long term. Along with the fundamentals of the company, it is also looking strong on the charts. For now, most brokers are recommending it to buy.

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