NSEAnalysts/Institutional Investor Meet/Con. Call Updates4d ago · 26 Aug 2026, 05:18 pm

Analysts/Institutional Investor Meet/Con. Call Updates

Man Infraconstruction Limited · MANINFRA

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Man Infraconstruction Limited has informed the Exchange about Transcript of Q1 FY27 Virtual Analyst Meet held on Friday, August 21, 2026.

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Growth Catalyst6/10
Governance Concern2/10
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Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment5/10

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Man Infraconstruction Limited has informed the Exchange about Transcript of Q1 FY27 Virtual Analyst Meet held on Friday, August 21, 2026.

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EPC REAL ESTATE MAN INFRACONSTRUCTION LIMITED (CIN: L70200MH2002PLC136849) August 26, 2026 The Listing Department The Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Munibai - 400 051, India Dalal Street, Mumbai - 400 001 Symbol: MANINFRA Scrip Code: 533169 Sub.: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) - Transcript of Ql FY27 Virtual Analyst Meet Dear Sir/Madam, This is in furtherance to our letter dated August 18, 2026, intimating about the Ql FY27 Virtual Analyst Me~t. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), the transcript of the Ql FY27 Virtual Analyst Meet held on Friday, August 21, 2026 is enclosed. The aforesaid information is also being uploaded on the Company's websft~ at https: //www .rnani nfra.c o111/21nalyst-cornerI Kindly take same on your records. Yours faithfully, For Man Infraconstruction Limited Durgesh Dingankar Company Secretary Membership No.: F7007 Encl: As above L I E B E T T E R fijm 12•h Floor, Krushal Commer~ial Compl.ex, G.M. Road, Chemb~r (west), Mumbai - 400 089, India ~e D +91 22 4246 3999 I II off1ce@marnnfra.com I l'1J www.m1clgroup.com I www.maninfra.com “Man InfraConstruction Limited Q1 FY27 Virtual Analyst Meet” August 21, 2026 MANAGEMENT: Mr. Manan Shah – Managing Director Mr. Ashok Mehta – Director and Group CFO Mr. Yashesh Parekh – DGM Investor Relations & Corporate Finance Rajat Gupta (Go India Advisors): Good afternoon, everyone, and thank you for joining us today. So, on behalf of Go India Advisors, I’d like to welcome you all to this Virtual Analyst Meet of Man InfraConstruction Limited to discuss the company’s Q1 performance and the growth outlook. Before we begin, a quick note that this call is being recorded. I’d also like to remind participants that some of these statements made during this call may be forward-looking. And actual results could differ from these statements. The format for today’s session: we’ll have a short presentation from the management covering the company’s performance and the growth story. Following which we’ll start with the Q&A. So, anyone who has a question can raise the Hand functionality or use the chat box to submit their questions. Now I’ll hand over the call to Mr. Yashesh Parekh from MICL. So, over to you, sir. Yashesh Parekh (DGM Investor Relations & Corporate Finance, MICL): Thank you, Rajat, and thank you Go India for hosting MICL. So, we have today with us, Mr. Manan Shah, the managing director of MICL Group. Also have with us Mr. Ashok Mehta, the director and group CFO. Before starting the discussion, I would like to inform you that we will keep this discussion strategic in nature, and any kind of questions you have which are data-related or data- specific, you can get back to me, post the con call. I would like to hand over to Mr. Manan Shah for his discussion. Manan Shah (MD, MICL): Thank you. Good afternoon, everyone. And thank you for joining us today for one of the first Zoom discussions that we are having for the conference call for the first quarter of FY27. I would like to start and mention that the first quarter of FY27 started on a very strong note. And, you know, MICL Group has delivered across various parameters regarding the project execution, new launches, and also securing approvals for many of its upcoming projects. The company also delivered a strong quarter on financial performance. I shall elaborate that in the upcoming speech. And while continuing to strengthen its balance sheet as well. So, let me first begin by sharing some key highlights of the quarter. We would be addressing this as per our Indian and overseas portfolio. And in India, MICL’s real estate portfolio is spread across Mumbai spanning across western suburbs, central suburb, eastern suburb, and South Mumbai as well. Starting off with our Western suburbs portfolio with our Mira-Bhayendar project, we have now expanded into the location after delivering the first project which we did a couple of years back, which was Aaradhya High Park. Then we launched the phase two, which is called the Aaradhya Parkwood and in Aaradhya Parkwood, we have achieved a significant milestone in this quarter where 50% of the project of Aaradhya Parkwood, which is Tower C and Tower D, has received its occupation certificate. This project is near Dahisar Check Naka. And, it’s a 35 stories residential tower where there were four towers in total, out of which, two have been delivered now. Aaradhya Parkwood’s development comprises of 5.3 lakh square feet carpet area and is spread over 1000 units. And the sales potential was around ₹925 crores. And we have witnessed exceptional response over these past couple of years where 90% of the inventory in this project has already been sold, which was driven through thoughtful designs and strong trust which the customer holds in our brand. The construction of the balance two towers is underway, and we shall be completing the project by end of next year. So, this marks a significant milestone for us at Mira-Bhayendar, where the first six towers of the phase one was delivered, which was Aaradhya High Park, and now two more towers have been delivered at Aaradhya Parkwood and the rest, the final two towers shall be delivered by next year. 90% of the inventory of the overall sales has been achieved of all four towers. Moving on towards our Vile Parle project, which is Jade Park. One of the first and flagship projects of SV Road, Vile Parle is to become a gated community and get approval under the cluster redevelopment policy. This is spread across 3.5 lakh square feet of carpet area, and here we are happy to announce that we’ve already sold more than 60% of the inventory of the total project. This project is as per its schedule and is moving steadily. By next year this time, we would be completing almost 100% RCC of Jade Park project and the customer response has been very, very strong. And the momentum is constant regarding the Jade Park project at Vile Parle. Moving forward towards our Bandra portfolio, another important highlight of the quarter which happened was we successfully launched our ultra luxury portfolio project called Marina Vista, which is located at Pali Hill. And this would also be part of our MS collection, which is the ultra-luxury portfolio of Man InfraConstruction Limited’s real estate project division. This project received an overwhelming response at launch and within a short period of time, we received RERA registration. Now, the project has already sold 30% of its total inventory. We just launched this project in June. So, in just two months’ time, we have received 30% bookings and the total potential of this project is approximately around ₹500 crores. Marina Vista is MICL’s second project launch in Bandra following our BKC project, which was called Artek Park, which was earlier launched this year in the start of 2026. And we have also received a good response from the home buyers in this project as well, where we have sold more than 25% of the total inventory on the BKC project as well. Such sales velocity demonstrates the constant demand in the market and the trust which the homebuyers have been placing onto us. So, we believe that the Bandra micro market is commanding a good momentum by the customers. We want to continue increasing our portfolio in this location. So, you know, Bandra has been a location where we’ve received good response starting from BKC and Pali Hill. So, MICL’s brand journey continued forward and in this quarter, we even secured a brand new project at Mount Mary. And we’ve already received IOA for the same, which is intimation of approval for the project. The project is called Berkeley House, [Showing first 8,000 characters — download PDF for full document]