MBELBSEM & B Engineering LtdMediumNeutral
Announced Tue, 12 May · 12:48 IST

M&B Engineering Limited has submitted 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
₹298.00
base price
In-mkt
timing
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+0.8+1.6+2.7+0.4-8.3-5.2-5.2-5.7-7.6-10.4-10.6-11.8+4.1
Up moveDown movePending
AI summary

M&B Engineering delivered record performance in FY26 with revenue from operations of ₹1,260 crore, up 27% YoY, and PAT of ₹93 crore, up 44% YoY. The company achieved highest-ever quarterly and full-year consolidated revenue despite macro challenges. The unexecuted order book stood at ₹1,083 crore as of March 31, 2026, representing 35% YoY growth, with new order inflows of ₹1,539 crore in FY26 (+28% YoY). Export revenue for FY26 was ₹165.62 crore with strong traction in North American markets. The company operates two divisions: Phenix (PEB solutions, 80% of revenue) and Proflex (self-supported roofing, 20% of revenue). Capital expenditure of ₹33 crore was incurred during FY26 for capacity augmentation.

Likely market impact

Strong order book of ₹1,083 crore provides revenue visibility for FY27. EBITDA margins compressed to 12.5% from 13.6% YoY, but PAT margins improved to 9.1% from 7.8%, indicating better operational efficiency. The company is the largest player in India's self-supported roofing market and one of the leading PEB players, positioning it well for growth in infrastructure and industrial capex.