MBELNSEM & B Engineering LimitedMediumNeutral
Announced Tue, 12 May · 12:28 IST

M & B Engineering Limited has informed the Exchange about Investor Presentation

Order Pipeline DisclosedInvestor Communications View source PDF

MBEL · price

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Price reaction · full curve 14 horizons · vs prior close
-8.3%1-day move
₹324.85
prior close
₹304.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.2-4.6-2.3-0.7-8.3-5.2-5.2-5.7-7.6-10.4-10.6-11.8+4.1
Up moveDown movePending
AI summary

M&B Engineering reported highest ever full-year revenue of ₹1,260 crore in FY26, up 27% YoY, driven by strong order inflows of ₹1,539 crore (up 28%). The unexecuted order book stood at ₹1,083 crore, growing 35% YoY. EBITDA for FY26 was ₹157 crore (16.7% growth) with PAT at ₹93 crore (20.2% growth). However, Q4FY26 showed margin pressure with EBITDA margin declining to 11.9% from 13.6% YoY and PAT falling 5.3% to ₹27 crore. Export revenue was ₹165.62 crore with North America as the key market. The Phenix (PEB) division contributed ₹871 crore while Proflex (roofing) contributed ₹212 crore. Capex of ₹33 crore was incurred for capacity expansion.

Likely market impact

Strong revenue growth and record order book provide good revenue visibility for FY27. However, margin contraction in Q4 raises concerns about near-term profitability. The robust order pipeline of ₹1,083 crore supports the growth story but investors should monitor margin recovery.