Man Infraconstruction has won two engineering, procurement and construction orders worth Rs 583 crore, the Mumbai-based builder said in an exchange filing on 3 November. The larger contract, worth Rs 508 crore, covers a tall residential tower at Marine Lines in South Mumbai. The second, worth Rs 75 crore, covers reclamation work at Jawaharlal Nehru Port Authority in Navi Mumbai. Together, the two wins lift the company’s EPC portfolio to about Rs 858 crore, up from Rs 275 crore in September.
Shares of Man Infraconstruction hit a day high of Rs 111.54 on 3 November after the announcement, and were trading at Rs 108.70 at 11:52 am, up 1.11 per cent from the previous close. The shares extended gains for a second straight session, after the company reported its September quarter results on 29 October. Consolidated net profit for that quarter rose 8.7 per cent to Rs 65.2 crore from Rs 60 crore a year earlier.
EPC stands for engineering, procurement and construction, which means the firm handles the whole build for a client, from buying materials to finishing the structure. Man Infraconstruction said the new orders alone are more than double the September portfolio figure, which shows how much the two wins change the size of its EPC book in a single announcement.
Man Infraconstruction and the Marine Lines tower
The Rs 508 crore Marine Lines contract is for a skyscraper residential tower in South Mumbai, and it makes up about 87 per cent of the combined value of the two orders. The Man Infraconstruction filing does not name the customer for the tower, and it does not give execution dates or a completion schedule. The tower is the larger of the two mandates by a wide margin, and it will dominate the company’s EPC work in the near term.
Marine Lines sits on Mumbai’s southern seafront, where high-rise residential building is a long-established market. A skyscraper tower there involves deep foundations, high-rise construction methods and a long build period, though the filing gives no timetable. The absence of dates means the revenue from the tower cannot yet be spread across quarters with any certainty.
Man Infraconstruction and the JNPA port work
The Rs 75 crore order comes from Bharat Mumbai Container Terminal Private Limited, which handed the company a letter of acceptance, a formal go-ahead from a client. The Man Infraconstruction work involves reclaiming land on a triangular yard at Jawaharlal Nehru Port Authority, also known as Nhava Sheva Port, in Navi Mumbai. The company called it a repeat order, which means it has worked for the same client before.
Port reclamation work differs from residential building: it prepares ground for port use by filling and levelling land, often in stages tied to the port’s own schedule. The triangular yard-surcharging work fits that pattern, and it sits within the port’s container terminal operations. The repeat nature of the order suggests the client has used the builder’s port work before and returned for more.
Man Infraconstruction and the larger order book
Managing director Manan Shah said the bigger pipeline gives the company’s building arm a clearer view of revenue over the next few years, while the group will keep building for its own projects and take outside work selectively. The EPC portfolio now stands at about Rs 858 crore, against Rs 275 crore in September 2026, a rise driven entirely by the two new orders.
According to the Man Infraconstruction filing, the group has more than six decades of experience in ports, infrastructure, mass housing and high-rise construction. It has built over 60 projects covering more than 60 million square feet. Even so, the stock has lost 25.38 per cent over the past year and sits well below its 52-week high of Rs 149.58, though far above the low of Rs 77.12.
The Man Infraconstruction filing gives no execution timetable, annual revenue schedule or margin information for either order, so the conversion of the Rs 858 crore portfolio into revenue remains an open question. The orders arrive days after the September quarter results, and the market response on 3 November was a day high of Rs 111.54 for the shares.