Man Infraconstruction Limited

BSE:533169 Stock Report

Market Cap: ₹58.6b

Man Infraconstruction Management

Management criteria checks 3/4

Man Infraconstruction's CEO is Manan Shah, appointed in Dec 2022, has a tenure of 2.83 years. total yearly compensation is ₹63.13M, comprised of 36.6% salary and 63.4% bonuses, including company stock and options. directly owns 9.31% of the company’s shares, worth ₹5.46B. The average tenure of the management team and the board of directors is 16.5 years and 9 years respectively.

Key information

Manan Shah

Chief executive officer

₹63.1m

Total compensation

CEO salary percentage36.63%
CEO tenure2.8yrs
CEO ownership9.3%
Management average tenure16.5yrs
Board average tenure9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manan Shah's remuneration changed compared to Man Infraconstruction's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

₹3b

Mar 31 2025₹63m₹23m

₹3b

Dec 31 2024n/an/a

₹3b

Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹58m₹23m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹29m₹19m

₹3b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹31m₹18m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹625m

Mar 31 2021₹14m₹12m

₹320m

Dec 31 2020n/an/a

₹160m

Sep 30 2020n/an/a

₹48m

Jun 30 2020n/an/a

₹3m

Mar 31 2020₹14m₹14m

-₹71m

Dec 31 2019n/an/a

₹54m

Sep 30 2019n/an/a

₹59m

Jun 30 2019n/an/a

₹207m

Mar 31 2019₹11m₹7m

₹418m

Compensation vs Market: Manan's total compensation ($USD711.23K) is above average for companies of similar size in the Indian market ($USD401.18K).

Compensation vs Earnings: Manan's compensation has been consistent with company performance over the past year.

CEO

Manan Shah (33 yo)

2.8yrs
Tenure
₹63,125,000
Compensation

Mr. Manan Parag Shah has been Whole-Time Director of Man Infraconstruction Limited since May 29, 2014. He serves as Managing Director at Man Infraconstruction Limited since September 11, 2019. He served as...

Leadership Team

NamePositionTenureCompensationOwnership
Manan Shah
MD & Whole Time Director2.8yrs₹63.13m9.31%
₹ 5.5b
Ashok Mehta
Whole-Time Director & CFO16.5yrs₹16.13m0.0085%
₹ 5.0m
Yashesh Parekh
Assistant General Manager of Investor Relation & Corporate Financeno datano datano data
Jay Desai
Deputy Vice President of Adminno datano datano data
Sameer Aurangabadwalla
Deputy Vice President of Legalno datano data0.0020%
₹ 1.2m
Durgesh Dingankar
Compliance Officer & Company Secretary17.8yrs₹3.85mno data
16.5yrs
Average Tenure
43yo
Average Age

Experienced Management: 533169's management team is seasoned and experienced (16.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Manan Shah
MD & Whole Time Director11.4yrs₹63.13m9.31%
₹ 5.5b
Ashok Mehta
Whole-Time Director & CFO6.1yrs₹16.13m0.0085%
₹ 5.0m
Berjis Desai
Non-Independent Non-Executive Chairman13.4yrs₹46.00k1.41%
₹ 827.3m
Parag Shah
Chairman Emeritus23.1yrs₹20.00k52.97%
₹ 31.0b
Kavita Upadhyay
Non-Executive Independent Woman Director6.7yrs₹66.00kno data
Kshitija Wadatkar
Independent Director2.3yrs₹66.00kno data
9.0yrs
Average Tenure
56yo
Average Age

Experienced Board: 533169's board of directors are considered experienced (9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/08 02:29
End of Day Share Price 2025/10/08 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Man Infraconstruction Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bhavin ShahDolat Capital Market Pvt. Ltd.
Vijay MadunalaFirstCall Research
Parvez QaziNuvama Wealth Management Limited