Man Infraconstruction Management

Management criteria checks 4/4

Man Infraconstruction's CEO is Manan Shah, appointed in Dec 2022, has a tenure of 1.42 years. total yearly compensation is ₹29.10M, comprised of 65.6% salary and 34.4% bonuses, including company stock and options. directly owns 6.38% of the company’s shares, worth ₹5.14B. The average tenure of the management team and the board of directors is 15.1 years and 7.6 years respectively.

Key information

Manan Shah

Chief executive officer

₹29.1m

Total compensation

CEO salary percentage	65.6%
CEO tenure	1.4yrs
CEO ownership	6.4%
Management average tenure	15.1yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manan Shah's remuneration changed compared to Man Infraconstruction's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹29m	₹19m	₹3b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹31m	₹18m	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹625m
Mar 31 2021	₹14m	₹12m	₹320m
Dec 31 2020	n/a	n/a	₹160m
Sep 30 2020	n/a	n/a	₹48m
Jun 30 2020	n/a	n/a	₹3m
Mar 31 2020	₹14m	₹14m	-₹71m
Dec 31 2019	n/a	n/a	₹54m
Sep 30 2019	n/a	n/a	₹59m
Jun 30 2019	n/a	n/a	₹207m
Mar 31 2019	₹11m	₹7m	₹418m
Dec 31 2018	n/a	n/a	₹524m
Sep 30 2018	n/a	n/a	₹609m
Jun 30 2018	n/a	n/a	₹602m
Mar 31 2018	₹9m	₹7m	₹665m

Compensation vs Market: Manan's total compensation ($USD348.63K) is about average for companies of similar size in the Indian market ($USD383.25K).

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

CEO

Manan Shah (31 yo)

1.4yrs

Tenure

₹29,101,000

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

Name	Position	Tenure	Compensation	Ownership
Manan Shah	MD & Whole Time Director	1.4yrs	₹29.10m	6.38% ₹ 5.1b
Ashok Mehta	CFO & Executive Director	15.1yrs	₹10.99m	no data
Durgesh Dingankar	Compliance Officer & Company Secretary	16.4yrs	₹3.22m	no data
Shrikant Deshpande	Chief Operating Officer	no data	no data	no data

15.1yrs

Average Tenure

50yo

Average Age

Experienced Management: 533169's management team is seasoned and experienced (15.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Manan Shah	MD & Whole Time Director	10yrs	₹29.10m	6.38% ₹ 5.1b
Ashok Mehta	CFO & Executive Director	4.7yrs	₹10.99m	no data
Berjis Desai	Non-Independent Non-Executive Chairman	12yrs	₹46.00k	0.080% ₹ 64.6m
Parag Shah	Chairman Emeritus	21.7yrs	₹30.00k	60.92% ₹ 49.1b
Kavita Upadhyay	Non-Executive Independent Woman Director	5.3yrs	₹60.00k	no data
Kshitija Wadatkar	Independent Director	less than a year	no data	no data

7.6yrs

Average Tenure

54yo

Average Age

Experienced Board: 533169's board of directors are considered experienced (7.6 years average tenure).

Man Infraconstruction Management

Management criteria checks 4/4

Key information

Recent management updates

Chairman Emeritus recently bought ₹21m worth of stock

Chairman Emeritus recently bought ₹17m worth of stock

Man Infraconstruction Limited Announces Resignation of Kamlesh Shivji Vikamsey from the Position of Independent Director, with Immediate Effect

Non-Independent Non-Executive Chairman recently bought ₹15m worth of stock

Man Infraconstruction Limited Announces the Resignation of Suketu R. Shah as Director

Insufficient new directors

Recent updates

Now 26% overvalued

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of ₹0.54 per share at 0.7% yield

Man Infraconstruction Limited Approves to Declare to Declare Fourth Interim Dividend for the Financial Year 2023-2024, Payable on February 27, 2024

Man Infraconstruction Limited Approves to Declare to Declare Fourth Interim Dividend for the Financial Year 2023-2024, Payable on February 27, 2024

Man Infraconstruction Limited to Report Q3, 2024 Results on Feb 05, 2024

Man Infraconstruction Limited announced that it expects to receive INR 1.37581875 billion in funding from a group of investors

Man Infraconstruction Limited announced that it expects to receive INR 1.37581875 billion in funding from a group of investors

Man Infraconstruction Limited announced that it expects to receive INR 1.37581875 billion in funding from a group of investors

New minor risk - Share price stability

Investor sentiment improves as stock rises 22%

Chairman Emeritus recently bought ₹21m worth of stock

Upcoming dividend of ₹0.36 per share at 0.8% yield

Man Infraconstruction Limited Declares Third Interim Dividend for the Financial Year 2023-24, Payable on 4 December, 2023

Second quarter 2024 earnings released: EPS: ₹1.88 (vs ₹1.43 in 2Q 2023)

Man Infraconstruction Limited (BSE:533169) acquired additional 12.5% stake in Atmosphere Realty Private Limited for approximately INR 120 million.

Man Infraconstruction Limited to Report First Half, 2024 Results on Nov 06, 2023

Chairman Emeritus recently bought ₹17m worth of stock

Man Infraconstruction Limited Announces Resignation of Kamlesh Shivji Vikamsey from the Position of Independent Director, with Immediate Effect

Upcoming dividend of ₹0.36 per share at 0.5% yield

Investor sentiment improves as stock rises 21%

Non-Independent Non-Executive Chairman recently bought ₹15m worth of stock

Upcoming dividend of ₹0.36 per share at 0.6% yield

Man Infraconstruction Limited Proposes Second Interim Dividend for the Financial Year 2023-24, Payable on 23 August, 2023

Full year 2023 earnings released: EPS: ₹6.97 (vs ₹5.83 in FY 2022)

Man Infraconstruction Limited to Report Q1, 2024 Results on Jul 25, 2023

Raghuleela Estates Private Limited acquired a 65.99% stake in MICL Properties LLP from Man Infraconstruction Limited (BSE:533169) for INR 0.07 million.

Upcoming dividend of ₹0.36 per share at 0.4% yield

Man Infraconstruction Limited Declares First Interim Dividend for the Financial Year 2023-24, Payable on 01 June, 2023

Full year 2023 earnings released: EPS: ₹6.96 (vs ₹5.83 in FY 2022)

Now 23% undervalued

Third quarter 2023 earnings released: EPS: ₹2.28 (vs ₹0.94 in 3Q 2022)

Man Infraconstruction Limited to Report Q3, 2023 Results on Feb 02, 2023

Man Infraconstruction Limited Announces the Resignation of Suketu R. Shah as Director

Man Infraconstruction Limited to Launch A Premium Residential Project, "Aaradhya Parkwood"

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹1.43 (vs ₹3.00 in 2Q 2022)

Man Infraconstruction Limited Declares Interim Dividend for the Financial Year 2022-23, Payable on December 05, 2022

Man Infraconstruction Limited to Report Q2, 2022 Results on Nov 10, 2022

Man Infraconstruction Limited (BSE:533169) acquired remaining 36% stake in Manaj Tollway Pvt. Ltd for INR 430 million.

Man Infraconstruction Limited (BSE:533169) completed the acquisition of 20.26% stake in Royal Netra Constructions Private Limited from Platinum Infradevelopment Private Limited for INR 80 million.

Board Member recently bought ₹4.7m worth of stock

Man Infraconstruction Limited Approves Interim Dividend for the Financial Year Ended March 31, 2022

Board Member recently bought ₹8.5m worth of stock

Man Infraconstruction Limited, Annual General Meeting, Sep 07, 2022

First quarter 2023 earnings released: EPS: ₹1.05 (vs ₹0.89 in 1Q 2022)

Man Infraconstruction Limited to Report Q1, 2023 Results on Aug 04, 2022

Man Infraconstruction Limited (BSE:533169) agreed to acquire unknown stake in Royal Netra Constructions Private Limited from Platinum Infradevelopment Private Limited.

Board Member recently bought ₹818k worth of stock

Investor sentiment deteriorated over the past week

Board Member recently bought ₹16m worth of stock

Full year 2022 earnings released

Now 20% undervalued after recent price drop

Insufficient new directors

Insufficient new directors

Insufficient new directors

Investor sentiment deteriorated over the past week

Now 22% undervalued

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Non-Executive Chairman recently bought ₹13m worth of stock

Non-Executive Chairman recently bought ₹66m worth of stock

Second quarter 2022 earnings released: EPS ₹4.50 (vs ₹0.06 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹1.33 (vs ₹0.09 in 1Q 2021)

Non-Executive Chairman recently bought ₹15m worth of stock

Man Infraconstruction Limited (BSE:533169) acquired a 98% stake in MICL Builders LLP.

Non-Executive Chairman recently bought ₹7.5m worth of stock