I r b infra share price

IRB Infra: IRB reported revenue/EBITDA/APAT of INR 16.2/7.6/1.3bn, beating our estimates on all fronts. EBITDA margin came in at 46.8% vs. our estimate of 47.4%. The OB, as of Mar'23, stood at INR 205.7bn (~3.4x FY23 revenue), with EPC contributing 43% (INR 88bn) and O&M contributing 57% (INR 117.7bn). The company bagged two projects in FY23. The consolidated gross/net debt reduced to INR 125.8/100.7bn as of Mar'23 vs. INR 134.9/111.3bn as of Mar'22, with a net D/E of 0.75x. It expects to infuse equity of INR 25bn (including INR 15bn for Hyderabad ORR) in FY24 and another INR 2.5bn in FY25. It guided for order inflow (OI) of INR 100bn for FY24 and a construction revenue of INR 50bn, with margins at 23-25%. We maintain our ADD rating on the stock with an increased SOTP-based target price of INR 32/sh. Clean Science and Technology: We maintain SELL on Clean Science and Technology (CSTL) with a price target of INR 1,290 (WACC 11%, terminal growth 6%). The stock is currently trading at 37x FY25E EPS. We believe EBITDA and PAT will grow by 26/23% over FY22-25, owing to (1) expansion in capacities of existing products and (2) foray into acetone-based products (Hindered Amine Light StabilisersHALSseries). However, the RoE is expected to decline from 34.9% in FY22 to 29.2% in FY25, owing to a reduction in margin. Q4 EBITDA/APAT were 20/21% below our estimates, mainly owing to a 21% fall in revenue. Dilip Buildcon: Dilip Buildcon (DBL) reported Q4FY23 revenue/EBITDA/PAT of INR 28.6...

Shareholding Pattern - IRB Infrastructure Developers Ltd. Holder's Name No of Shares % Share Holding NoOfShares 6039000000 100% Promoters 2065575980 34.2% ForeignInstitutions 2930463221 48.53% NBanksMutualFunds 220487510 3.65% CentralGovt 322450 0.01% Others 172456742 2.86% GeneralPublic 445573001 7.38% FinancialInstitutions 204121096 3.38%

Man Infra Ltd Quick Overview Man Infraconstruction Limited is an India-based construction company that is engaged in the business of civil construction. The Company is engaged in providing engineering, procurement and construction (EPC) services and real estate development services. The Company's portfolio includes five residential development projects/phases (ongoing) in Mumbai/MMR region. Its projects include Aaradhya Oneearth, Aaradhya Eastwind, Aaradhya Highpark, Atmosphere and Insignia. The Company has also delivered seven residential projects in Mumbai. The Company primarily provides port, residential, commercial and industrial, and road construction services. Its port infrastructure services include onshore container terminals and freight stations, land reclamation, soil consolidation and operational services, such as firefighting, sewerage, drainage systems and others. Its residential constructions include high rise buildings, townships, luxury villas and more.