Man Infraconstruction Limited (MICL Group) has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved ₹1,800 crore in annual sales and maintained a net debt-free status. Looking ahead, MICL Group has unveiled its Vision 2031 roadmap, targeting to double its real estate development portfolio to a Gross Development Value (GDV) of ₹35,000+ crore, driven by a strong launch pipeline and new ultra-luxury vertical.
Fiscal Year 2026 Performance Highlights
During the fiscal year ended March 31, 2026, MICL Group reported strong operational performance, achieving total annual sales of approximately ₹1,800 crore and collections of ₹990 crore. The company successfully sold over 5 lakh sq. ft. of carpet area. For the final quarter (Q4FY26), the company recorded ₹438 crore in sales and ₹279 crore in collections.
Financial Snapshot
For the full financial year FY26, MICL Group reported revenue from operations of ₹630 crore and total income of ₹792 crore. The Profit Before Tax (PBT) stood at ₹285 crore, with Profit After Tax (PAT) after minority interest reaching ₹201 crore, maintaining a healthy PAT margin of 25.3%. As of March 2026, the company holds a consolidated liquidity position of ₹686 crore and continues to operate as a net debt-free entity.
Strategic Vision 2031
The company has initiated its Vision 2031 growth plan, aiming to double its real estate development portfolio from the current ₹17,575 crore GDV to over ₹35,000 crore. Key growth drivers for the coming years include:
- Launch Pipeline: Approximately ₹5,600 crore worth of ongoing and upcoming project launches scheduled for FY27 across prime locations like Marine Lines, Tardeo, BKC, and Pali Hill.
- Sales Ambition: An aggressive sales target of over ₹5,000 crore for FY27 and FY28.
- Portfolio Expansion: A combined GDV of over ₹8,000 crore in the South Mumbai market alone.
- New Luxury Vertical: The introduction of “MS Collection”, an ultra-luxury brand focusing on boutique, sea-view projects with neo-classical design elements.
The company plans to deliver over 1 million sq. ft. of carpet area in the next 6–18 months as it pivots toward a phase of accelerated revenue recognition.
Source: BSE
