Man Infraconstruction Managing Director, Manan Shah foresees a consistent and robust performance in terms of bookings. The Mumbai-based developer sees "profitability being absolutely stable at around 25-28%."

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The total portfolio that the company currently has is nearly 5.9 million square feet. "We have hardly 5-7% unsold inventory. So the realisation of these inventories will start flowing in as soon as we deliver these projects," he said.

Out of this 5.9 million square feet, there are a couple of new project launches due in the next two quarters.

Man Infraconstruction's subsidiary MICL Properties LLP, in which it holds a 99.99% partnership interest, is also jointly developing an ultra-luxurious residential high-rise tower at Tardeo, Mumbai under the asset-light Development Management (DM) model. The project having a carpet area for sale of 6 lakh sq. ft. is expected to generate approximately ₹3,000 crore over the next 4 to 5 years.

The company recently said it is considering a price hike of about 15-17% at its upcoming towers in Mulund. This decision is driven by the early completion of these towers, instilling significant confidence in prospective buyers.

The market capitalisation of the company is ₹5,260.61 crore. Some of its competitors are Brigade Group, Lodha Group, KNR Constructions, and PNC Infratech.

(Edited by : Shweta Mungre)