OverviewSuggest Edit

MAPNA Group is a conglomerate providing practical solutions that cater to the growing global demand for electricity, energy, and rail transportation. It delivers solutions for the development of thermal power plants, renewable energy power plants, combined water and power plants, development of onshore and offshore oil and gas fields, and execution of rail transportation projects under contractual and investment schemes. The company manufactures gas and steam turbines, wind turbines, heat recovery steam generators and conventional boilers, electrical generators, electrical and control systems, cargo and passenger locomotives and turbo-compressors and provides operation and maintenance services.

TypePublic
Founded1993
HQTehran, IR
Websitemapnagroup.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Jan 2021)19,779
Revenue (FY, 2021)﷼326.9 T(+132%)
Cybersecurity ratingCMore
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Key People/Management at MAPNA Group

Abbas Aliabadi

Abbas Aliabadi

Chairman and Member of Board of Directors
Mohammad-Ali Vahdati

Mohammad-Ali Vahdati

Vice-Chairman and Member of Board of Directors
Jafar Joola

Jafar Joola

Member of Board of Directors
Alireza Khojasteh Wahhabzadeh

Alireza Khojasteh Wahhabzadeh

Member of Board of Directors
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MAPNA Group Office Locations

MAPNA Group has offices in Tehran, Isfahan and Karaj
Tehran, IR (HQ)
No. 231, Mirdamad Blvd
Isfahan, IR
Andishmandan 20th St., Northern Isfahan Great Industrial Park
Karaj, IR
Km 7 Malard Road, Mapna Boulevard
Karaj, IR
Mapna Locomotive Factory, New Razakan Rd, Standard Sq
Tehran, IR
4th floor, No. 46, East Arash Blvd., Farid Afshar St., Vahid Dastgerdi (Zafar) St.
Tehran, IR
No. 15, Africa Ave.
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MAPNA Group Financials and Metrics

MAPNA Group Revenue

MAPNA Group's revenue was reported to be ﷼326.87 t in FY, 2021
IRR

Revenue (Q2, 2022)

135.6t

Gross profit (Q2, 2022)

77.9t

Net income (Q2, 2022)

55.7t

EBITDA (Q2, 2022)

62.9t

EBIT (Q2, 2022)

68.9t

Cash (22-Oct-2021)

87.2t
Annual
IRRFY, 2018FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

73.0t8.0t118.3t141.3t326.9t

Cost of goods sold

(34.9t)(4.8t)(53.5t)(72.8t)(124.3t)

Gross profit

38.7t3.6t66.4t71.4t217.2t

R&D expense

(84.9b)(7.0b)(94.8b)(61.3b)(83.7b)
Quarterly
IRRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

7.0t29.5t25.6t6.2t25.4t24.8t6.9t54.4t43.6t9.9t135.6t

Cost of goods sold

(5.4t)(640.4b)(16.3t)(4.8t)(3.4t)(18.7t)(5.5t)(2.4t)(29.0t)(7.1t)(61.6t)

Gross profit

1.6t29.3t9.6t1.4t21.2t7.8t1.6t53.1t14.6t2.8t77.9t

R&D expense

(121.7b)(47.3b)(7.3b)6.5b(41.1b)
Annual
IRRFY, 2018FY, 2018FY, 2019FY, 2020FY, 2021

Cash

11.6t20.0t48.6t57.7t89.5t

Accounts Receivable

138.6t172.4t209.1t380.5t846.5t

Prepaid Expenses

22.1t21.7t47.5t70.2t109.7t

Inventories

41.7t42.9t48.0t53.4t91.5t
Quarterly
IRRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

1.6t26.1t2.9t2.6t57.7t3.9t4.7t96.3t20.0t7.4t87.2t

Accounts Receivable

108.9t241.7t135.5t164.3t299.0t833.5t

Prepaid Expenses

43.5t9.2t54.1t20.9t19.3t44.1t36.3t128.9t26.4t46.3t113.9t

Inventories

15.5t47.2t12.4t14.5t55.3t16.3t20.6t66.3t25.5t33.7t135.8t
Annual
IRRFY, 2018FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

30.0t(3.7t)53.9t82.0t231.5t

Depreciation and Amortization

3.9t298.6b4.3t4.2t6.2t

Inventories

(7.9t)(1.2t)(4.9t)(5.4t)(38.1t)

Accounts Payable

9.7t69.5t28.3t65.2t115.2t
Quarterly
IRRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

32.6t15.5t150.1t

Depreciation and Amortization

1.9t2.2t2.7t

Inventories

(4.1t)(6.3t)(12.9t)

Accounts Payable

53.3t(153.7t)198.0t
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MAPNA Group Operating Metrics

Jan, 2021

Industries Served

4

Projects

53
Show all operating metrics

MAPNA Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Alborz Turbine Power Plant Engineering and Support Company
Genaveh Mapna Power Generation Company
Jahed Noavar Materials Engineering Company
Mapna Electrical and Control Engineering and Construction Company
Mapna Noor Kish Drilling
Mapna Oil and Gas Development Company
Mapna Operation and Repair
MAPNA Railway Operation Development & Maintenance Company
Mapna Renewable Energy Production Company
MAPNA Sakht Tajhizat Sepahan
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MAPNA Group Revenue Breakdown

Embed Graph

MAPNA Group revenue breakdown by business segment: 100.0% from CARRYING OUT VARIOUS INDUSTRIAL PROJECTS & PRODUCING & TRANSMITTING ENERGY & ELECTRICITY & RAIL TRANSPORTATION PROJECTS

MAPNA Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

MAPNA Group Online and Social Media Presence

Embed Graph

MAPNA Group News and Updates

MAPNA among Top Ten EPC Oil & Gas Contractors in MENA Region: MEED

MAPNA Group has ranked 7th in the latest ranking of oil & gas engineering, procurement and construction (EPC) contractors in the Middle East and North Africa, according to a report released by Dubai-based business magazine MEED. The top ten list which has sorted the contractors according to the…

MAPNA Unveils Portable Oxygen Concentrator

MAPNA Group unveiled its first portable oxygen concentrator, earmarked for COVID-19 patients. The concentrator is Iran’s first domestically manufactured device of its type. The product made its maiden display during a visit by Deputy Minister of Health and Medical Education Ghasem Janbabaei to…

MAPNA Group Frequently Asked Questions

  • When was MAPNA Group founded?

    MAPNA Group was founded in 1993.

  • Who are MAPNA Group key executives?

    MAPNA Group's key executives are Abbas Aliabadi, Mohammad-Ali Vahdati and Jafar Joola.

  • How many employees does MAPNA Group have?

    MAPNA Group has 19,779 employees.

  • What is MAPNA Group revenue?

    Latest MAPNA Group annual revenue is ﷼326.9 t.

  • What is MAPNA Group revenue per employee?

    Latest MAPNA Group revenue per employee is ﷼16.5 b.

  • Who are MAPNA Group competitors?

    Competitors of MAPNA Group include Novonor, MAN Energy Solutions and Kawasaki Heavy Industries.

  • Where is MAPNA Group headquarters?

    MAPNA Group headquarters is located at No. 231, Mirdamad Blvd, Tehran.

  • Where are MAPNA Group offices?

    MAPNA Group has offices in Tehran, Isfahan and Karaj.

  • How many offices does MAPNA Group have?

    MAPNA Group has 10 offices.