Manas Properties share price

BSE: 540402Realty

Manas Properties Limited · Face value ₹10 · Listed Mar 2017

Last traded ₹390.00 on 2 Feb 2024

Latest announcements

Routine notices left out.

Share price history

Daily closes since Mar 2017, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr
Net profit
₹19 Cr+15.1% on a year ago · +51.8% on the half year before
Earnings per share
₹46.01+15.1% on a year ago · +51.8% on the half year before

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Other income+26
  3. Finance costs0.0
  4. Profit before tax23
  5. Tax−4.2
  6. Net profit19

Manas Properties results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
011Sep 23013Mar 24011Sep 24017Mar 25013Sep 25019Mar 26
Peak revenue ₹0.00 Cr, half year to Sep 2023

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
₹ croreMar 2022Sep 2022Mar 2023Sep 2023worked outMar 2024Sep 2024worked outMar 2025Sep 2025Filed 14 NovMar 2026Filed 27 May
Revenue from operations0.00.00.00.00.00.00.00.00.0
–2.1–––2.02.42.5–
Materials and goods bought0.00.00.00.00.00.00.00.00.0
Employee costs–0.4–––0.40.40.4–
Other expenses–1.7–––1.62.02.1–
Operating profit before depreciation–−2.1–––−2.0−2.4−2.5–
Depreciation and amortisation–0.0–––0.50.50.3–
Other income7.615.020.115.520.016.423.418.325.8
Finance costs0.00.00.00.00.00.00.00.00.0
One-off items–––––0.00.00.0–
Profit before tax0.912.918.013.416.513.820.515.523.4
0.03.02.92.63.12.93.92.94.2
Tax rate−1.2%23.2%16.2%19.4%18.7%20.6%18.8%18.6%18.1%
Profit from discontinued businesses––––––0.0––
Net profit0.99.915.110.813.311.016.612.619.1
Earnings per share₹2.15₹23.88₹36.27₹25.94₹32.05₹26.40₹39.99₹30.31₹46.01
Earnings per share in rupees, restated for later splits and bonuses.

Manas Properties results by quarter

Standalone: the listed company alone, without its subsidiaries. The quarters to Sep 2021 the company also filed in the same span.

₹ croreSep 2021
Revenue from operations0.00
–
Materials and goods bought0.00
Other income0.12
Finance costs0.00
Profit before tax−0.35
Tax0.00
Net profit−0.35
Earnings per share−₹0.85
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
1.90.6Mar 170.10.0Mar 180110.9Mar 19140.6Mar 200−1.10.6Mar 2100.50.5Mar 220250.5Mar 230240.1Mar 240280.1Mar 250320.1Mar 26
Peak revenue ₹1.91 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2019A loss in 1 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
48.3%−782.3%48.3%−782.3%32.1%5.7%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.8
  3. Other expenses−3.8
  4. Operating profit−4.6
  5. Depreciation−0.7
  6. Other income+44
  7. Finance costs0.0
  8. Profit before tax39
  9. Tax−7.1
  10. Net profit32

What the company owns

  • Cash and bank₹105 Cr
  • Plant, investments and other assets₹63 Cr
  • Receivables₹4 Cr

What pays for it: net worth and liabilities

  • Net worth₹143 Cr
  • Other liabilities₹29 Cr
  • Borrowings₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 27 May
Revenue from operations1.90.10.0–0.00.00.00.00.00.0
1.00.6–––7.14.25.24.44.6
Materials and goods bought––0.00.00.00.00.00.00.00.0
Employee costs0.40.3–––0.70.80.80.80.8
Other expenses0.60.3–––6.53.44.43.63.8
Operating profit before depreciation0.9−0.5–––−7.1−4.2−5.2−4.4−4.6
Operating margin48.3%−782.3%––––––––
Employee costs, % of revenue21.1%464.1%––––––––
Other expenses, % of revenue30.6%418.1%––––––––
Depreciation and amortisation0.00.0–––0.00.00.41.00.7
Operating profit after depreciation0.9−0.5–––−7.1−4.2−5.7−5.4−5.3
Other income0.10.616.921.00.27.735.135.639.744.1
Finance costs0.00.00.00.00.00.00.00.00.00.0
One-off items––––––––0.0–
Profit before tax1.00.013.217.0−1.00.530.929.934.338.9
0.40.02.33.00.10.05.95.76.77.1
Profit from discontinued businesses––––––––0.0–
Net profit0.60.010.914.0−1.10.525.024.127.631.8
Net margin32.1%5.7%––––––––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019 and Mar 2021: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses is left blank for the year to Mar 2020: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Revenue from operations, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2020: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 27 May
213534345983111143
Share capital44444444
Reserves173129305579107138
Borrowings11111000
76666688
2222222222212122
Total assets5062616287110140172
4461595360546663
6119275674109
Net debt−201−7−25−50−73−105
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 27 May
−0.11.026.027.727.822.7
−1.31.330.729.836.636.7
−0.30.8−0.2−0.61.2−2.8
Receivables0.00.00.00.00.0−3.5
Payables0.00.00.00.00.00.0
Other working capital−0.30.8−0.1−0.51.20.7
Tax paid1.3−0.3−4.70.0−5.1−6.9
Capital spending0.00.00.03.60.01.9
Free cash flow−0.11.026.024.127.820.7
−0.37.0−8.3−12.7−4.39.4
0.10.00.09.50.00.0
Dividends paid0.00.00.00.00.00.0
Shares bought back––––0.0–
Shares issued0.00.00.00.00.00.0
Net change in cash−0.48.017.724.523.532.0
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 27 May
Earnings per share₹1.52₹0.01₹26.22₹33.60−₹2.66₹1.28₹60.14₹57.99₹66.39₹76.32
Diluted earnings per share₹1.52₹0.01₹26.22₹33.60−₹2.66₹1.28₹60.14₹57.99₹66.39₹76.32
Book value per share––₹49.86₹83.46₹80.80₹82.14₹142.22₹200.21₹266.60₹342.93
Shareholder yield––––0.0%–––––
Market cap at the year end (₹ crore)150150–213183–––––

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Filed 27 May
Revenue growth–−96.3%−100.0%–––––––
Net profit growth–−99.3%2,72,543.8%28.2%––4,596.3%−3.6%14.5%15.0%
Earnings per share growth–−99.3%2,62,100.0%28.1%––4,598.4%−3.6%14.5%15.0%
Return on capital employed–––––−20.6%−7.0%−6.8%−4.8%−3.7%
Cash conversion–––––183.2%103.9%114.8%100.8%71.3%
Interest cover79.8–––––––––
Debt to equity––0.040.020.020.020.010.000.000.00
Asset turnover––0.00–0.000.000.000.000.000.00
Assets per rupee of net worth––2.402.021.801.811.601.391.291.23
Sales per rupee of plant––0.000.000.000.000.000.000.000.00
Capital spending to depreciation–––––––8.630.002.81
Plant being built, % of plant in use––––––––0.0%–
Interest cover is left blank for the years to Mar 2018, Mar 2022, Mar 2023 and Mar 2024: operating profit after depreciation is a loss, and a loss covers no interest bill. Interest cover is left blank for the year to Mar 2020: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
20.4%
Measure5 years3 years
Profit growth, yearly rate–8.3%
Return on capital employed, average−8.6%−5.1%
Asset turnover, average0.000.00
Debt to equity, average0.010.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations1057823
Cash from investing−9−89
Cash from financing990
Capital spending552
Dividends paid000
Shares issued for cash000
Borrowings raised000
Borrowings repaid000

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Altman Z-scorePublished threshold 1.1––––––––11.28–
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––––––3.25–
Effective tax ratePublished threshold 17.16 per cent41.53−33.3317.5017.81–0.0019.1319.0019.5718.29
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––––−61.653.9819.004.820.50
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, Commission, which carries all its revenue.

Who owns Manas Properties, filing by filing

Per cent of the company's shares. Every filing on record, from Mar 2019; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters73.32%
  • Individuals and others26.68%

Shareholding pattern, per cent, from Jun 2023

  • Promoters
  • Individuals and others
73.32%26.68%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%26.68%26.68%26.68%26.68%26.68%26.68%26.68%26.68%26.68%Jun 23Dec 24Jun 25Mar 26Sep 26
Per centMar 2019Jun 2023Sep 2023Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026Sep 2026
73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%
Indian promoters73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%73.32%
26.68%26.68%26.68%26.68%26.68%26.68%26.68%26.68%26.68%26.68%
Shares in issue41,60,00041,60,00041,60,00041,60,00041,60,00041,60,00041,60,00041,60,00041,60,00041,60,000
Shares locked in7,84,800–––––––––
Promoters' shares locked in7,84,800–––––––––
Filings before Jun 2023 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Number of Manas Properties shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

25Mar 1923Jun 2323Sep 2323Dec 2423Mar 2523Jun 2523Dec 2523Mar 2623Jun 2623Sep 26
ShareholdersMar 2019Jun 2023Sep 2023Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026Sep 2026
All shareholders25232323232323232323
7777777777
Indian promoters7777777777
18161616161616161616
Filings before Jun 2023 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Manas Properties promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is VIJAY THAKORDAS THAKKAR, 68.50%.

Holder
VIJAY THAKORDAS THAKKARIndividuals and Hindu undivided families68.50%28,49,500
DEV LAND AND HOUSING PVT LTDIndian companies, trusts and others4.82%2,00,450
ALKA JAYESH SOMAIYAIndian companies, trusts and others0.00%10
DEV VIJAY THAKKARIndian companies, trusts and others0.00%10
TANAM VIJAY THAKKAR.Indian companies, trusts and others0.00%10
MADHURIBEN T THAKKARIndian companies, trusts and others0.00%10
KAMLESH T THAKKARIndian companies, trusts and others0.00%10
No promoter shares are reported as pledged.

Largest public holders of Manas Properties, filing by filing

Per cent, on the same shares as the split above.

HolderMar 2019Jun 2023Sep 2023Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026Sep 2026
DIMPLE KAMAL DALIAResident individuals, over ₹2 lakh at face value5.05%5.05%5.05%5.05%5.05%5.05%5.05%5.05%5.05%5.05%
DEVENDRANAUTH MISIRNon-resident Indians3.61%3.61%–3.61%3.61%3.61%3.61%3.61%3.61%3.61%
PANKAJ JAYANTILAL PATELResident individuals, over ₹2 lakh at face value3.00%3.00%3.00%3.00%3.00%3.00%3.00%3.00%3.00%3.00%
PRASHANT JAYANTILAL PATEL-PROPOther non-institutions–3.00%3.00%3.00%3.00%3.00%3.00%3.00%3.00%3.00%
ANIL BABUBHAI MEHTAResident individuals, over ₹2 lakh at face value–2.86%2.86%2.86%2.86%2.86%2.86%2.86%2.86%2.86%
KEYNOTE FINCORP LIMITEDCompanies2.55%2.55%2.55%2.55%2.55%2.55%2.55%2.55%2.55%2.55%
HARSH SOMAIYAResident individuals, over ₹2 lakh at face value1.95%1.95%1.95%1.95%1.95%1.95%1.95%1.95%1.95%1.95%
VIJAY KUMAR VERMAResident individuals, over ₹2 lakh at face value–1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%
JAY ANIL MEHTAResident individuals, over ₹2 lakh at face value–1.60%1.60%1.60%1.60%1.60%1.60%1.60%1.60%1.60%
PRASHANT JAYANTILAL PATELResident individuals, over ₹2 lakh at face value3.00%–––––––––
NOPEA CAPITAL SERVICES PRIVATE LIMITEDOther non-institutions2.16%–––––––––
VINOD HARILAL JHAVERIResident individuals, over ₹2 lakh at face value1.98%–––––––––
ANGEL ACREAGE LLPOther non-institutions1.20%–––––––––
TUSCANY SQUARE FEET LLPOther non-institutions1.20%–––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Manas Properties share price by year

Each calendar year to 2024.

YearClose at year endChangeHighest closeLowest close
2024390.00+5.4%390.00388.50
2022370.000.0%370.00370.00
2021370.00−32.7%528.00340.00
2020550.00+3.3%600.00513.10
2019532.25+41.2%555.00377.00
2018377.00+1.9%377.00360.00
2017370.00–370.00360.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 25 Jan 2024. 2022 is from its first session, 27 Dec 2022. 2019 is from its first session, 27 Feb 2019. 2017 is from its first session, 30 Mar 2017. The change in 2024 is on the close at the end of 2022, the last year before it with a trade. The close is the year's last trade for 2024 (2 Feb 2024), 2020 (24 Nov 2020), 2019 (16 Dec 2019) and 2018 (10 Dec 2018).

Recent sessions

The 10 trading days to 2 Feb 2024, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
2 Feb 2024390.00390.00390.00390.00390.00300
25 Jan 2024388.50388.50388.50388.50388.50300
27 Dec 2022370.00370.00370.00370.00370.0013,500
24 Dec 2021370.00370.00370.00370.00370.0010,800
23 Dec 2021372.00372.00370.00370.00371.2026,100
15 Dec 2021370.00370.00370.00370.00370.0021,000
14 Dec 2021370.00370.00370.00370.00370.006,000
13 Dec 2021370.00370.00370.00370.00370.0013,800
10 Dec 2021370.00370.00370.00370.00370.0015,900
9 Dec 2021370.00370.00370.00370.00370.0025,200
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
540402
ISIN
INE800W01019
Industry
Realty
CIN
L70100MH2004PLC149362
Corporate identity number, the registrar of companies' code for it
Incorporated
2004
Registered office
Dev Plaza, 10th floor, S.V. Road, Opp. Andheri Fire Station, Andheri (West), Mumbai 400058, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments