Powered by: Motilal Oswal
2026-11-03 12:10:19 pm | Source: PR Agency
MICL Group Secures Two EPC Work Orders Worth Rs 583 Crore; EPC Portfolio Strengthens to Rs 858 Crore
MICL Group Secures Two EPC Work Orders Worth Rs 583 Crore; EPC Portfolio Strengthens to Rs 858 Crore

EPC portfolio strengthens to approximately Rs 858 crore, enhancing revenue visibility for the standalone business

Man Infraconstruction Limited (MICL), an integrated Engineering, Procurement and Construction (EPC) company and a leading luxury real estate developer, has secured two new EPC work orders aggregating Rs 583 crore.

1.These comprise a Rs 508 crore work order for the construction of the Skyscraper Residential Tower at Marine Lines, South Mumbai;

2. A Rs 75 crore Letter of Acceptance (LoA) from Bharat Mumbai Container Terminal Private Limited (BMCTPL) for Triangular Yard-Surcharging - Reclamation Works at Jawaharlal Nehru Port Authority (JNPA), also known as Nhava Sheva Port, Navi Mumbai, Maharashtra.

With these additions, MICL Group’s EPC portfolio has increased from Rs 275 crore as of September 2026 to approximately Rs 858 crore, strengthening revenue visibility for the standalone business over the coming years.

MICL Group brings over six decades of EPC experience and strong execution capabilities across ports, infrastructure, mass housing and high-rise construction. Over its six-decade journey, the Group has executed more than 60 million square feet of construction across 60+ projects, reflecting its experience in delivering complex and large-scale developments.

 

Management Commentary

Mr. Manan Shah, Managing Director, MICL Group, said:

“The addition of these two work orders, aggregating Rs 583 crore, marks a significant milestone for our EPC business. The Marine Lines Tower construction order reflects our engineering expertise and capabilities in executing complex, high-rise structures, while the repeat order from BMCTPL underscores the trust placed in our execution capabilities and commitment to quality.

With our EPC portfolio now standing at approximately Rs 858 crore, we have enhanced revenue visibility for our standalone business over the coming years. Going forward, we will continue to leverage our EPC capabilities to meet our captive requirements while selectively pursuing suitable external opportunities as they arise, with a focus on predictable cash flows and margins.”

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here