M&B Engineering Q2 FY26 results: Revenue jumps 50% YoY, PAT up 13% in H1
MBEL · price
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On the reaction day the stock moved 14.4 pts less than Nifty Microcap 250 and 14.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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M&B Engineering Q2 FY26 standalone: H1 revenue 488.5 cr up 50.7% YoY, PAT 33.7 cr up 13%. Q2 revenue 260.2 cr up 43% but PAT fell 17.8% to 18.4 cr on higher other expenses. Consolidated H1 revenue 544.5 cr up 57%, PAT 40.1 cr up 30.3%. First quarterly results post August 2025 IPO listing on NSE and BSE. Limited review report by Talati and Talati LLP carries no qualifications.
First print as a listed company. Strong top-line growth on expanded capacity but Q2 standalone margins dipped. Watch margin sustainability.