M & B Engineering Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2026, recommended Final Dividend of Re. 1 per equity share.
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M&B Engineering's Board recommended a final dividend of Rs. 1 per equity share (10% on Rs. 10 face value) for FY2026, subject to shareholder approval at the ensuing AGM. For FY2026, standalone revenue grew 19% to Rs. 1,084.78 crore from Rs. 909.16 crore, while standalone PAT increased 6.4% to Rs. 78.76 crore. Consolidated revenue jumped 27% to Rs. 1,259.72 crore and consolidated PAT rose 20% to Rs. 92.64 crore. The company listed on NSE and BSE in August 2025 through an IPO raising Rs. 275 crore. Net IPO proceeds of Rs. 259.32 crore are partially deployed towards capital expenditure, loan repayment, and general corporate purposes.
The dividend represents a modest 10% yield on face value, though the actual yield depends on current market price. Strong revenue and profit growth demonstrates solid operational performance. The dividend signals management confidence in sustained earnings.