M & B Engineering Limited has informed the Exchange about Investor Presentation
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M & B Engineering reported a strong Q1 FY26 with revenue of Rs 237.65 crores, up 69% year-on-year from Rs 140.22 crores. EBITDA rose to Rs 33.68 crores with margin improving to 14.17% from 11.62%, and profit after tax jumped to Rs 17.95 crores from Rs 6.94 crores (PAT margin 7.55% vs 4.95%). The company has an order book of Rs 843 crores as of July 1, 2025, split between Phenix (PEB) at Rs 634 crores and Proflex (roofing) at Rs 209 crores, with Phenix export orders worth Rs 123 crores. Note that Q1 revenue excludes Rs 28.56 crores of dispatches to be booked in Q2 FY26 under IND AS rules. Management highlighted a brownfield PEB capacity expansion of 20,000 TPA at Sanand, expected to commission by Q1 FY27, along with plans to add more mobile plants for Proflex and grow exports to the US.
The 69% revenue growth and sharp margin expansion signal strong operational momentum, supported by a healthy Rs 843 crore order book providing multi-quarter revenue visibility. Capacity expansion and export focus are positive for long-term growth, though investors should watch the pending Q2 revenue booking and execution of the Sanand expansion.