M & B Engineering Ltd
Incorporated in 1981, M&B Engineering Ltd is a design-led engineering solutions provider.[1]
- Market Cap ₹ 1,678 Cr.
- Current Price ₹ 294
- High / Low ₹ 536 / 223
- Stock P/E 21.1
- Book Value ₹ 115
- Dividend Yield 0.00 %
- ROCE 19.9 %
- ROE 16.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 59.8% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE IPO BSE Industrials Nifty IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 520 | 413 | 687 | 859 | 787 | 909 | 1,085 | |
| 482 | 385 | 634 | 787 | 706 | 787 | 963 | |
| Operating Profit | 38 | 28 | 54 | 71 | 81 | 122 | 122 |
| OPM % | 7% | 7% | 8% | 8% | 10% | 13% | 11% |
| 5 | 8 | 6 | 9 | 14 | 9 | 16 | |
| Interest | 17 | 15 | 18 | 18 | 23 | 20 | 17 |
| Depreciation | 9 | 9 | 9 | 9 | 9 | 12 | 15 |
| Profit before tax | 17 | 12 | 33 | 52 | 63 | 99 | 106 |
| Tax % | 35% | 36% | 20% | 24% | 24% | 25% | 25% |
| 11 | 8 | 26 | 40 | 48 | 74 | 79 | |
| EPS in Rs | 5.57 | 3.81 | 13.18 | 19.82 | 9.61 | 14.80 | 13.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 8% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 26% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 21% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 50 | 50 | 57 |
| Reserves | 100 | 108 | 134 | 175 | 191 | 264 | 599 |
| 114 | 104 | 92 | 141 | 204 | 191 | 84 | |
| 192 | 167 | 284 | 219 | 176 | 329 | 362 | |
| Total Liabilities | 427 | 398 | 530 | 555 | 622 | 834 | 1,102 |
| 68 | 63 | 63 | 79 | 77 | 175 | 180 | |
| CWIP | 1 | 3 | 1 | 1 | 66 | 2 | 14 |
| Investments | 3 | 7 | 9 | 5 | 20 | 19 | 18 |
| 356 | 326 | 457 | 470 | 458 | 638 | 889 | |
| Total Assets | 427 | 398 | 530 | 555 | 622 | 834 | 1,102 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 20 | 40 | 34 | -1 | 32 | -36 | ||
| -14 | -12 | -16 | -73 | -31 | -37 | ||
| -23 | -25 | 30 | 39 | -38 | 136 | ||
| Net Cash Flow | -17 | 2 | 47 | -34 | -37 | 63 | |
| Free Cash Flow | 15 | 32 | 16 | -79 | -10 | -67 | |
| CFO/OP | 89% | 90% | 64% | 22% | 43% | -1% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 78 | 66 | 50 | 56 | 66 | 63 |
| Inventory Days | 129 | 142 | 135 | 92 | 124 | 191 | 161 |
| Days Payable | 140 | 128 | 142 | 73 | 60 | 127 | 99 |
| Cash Conversion Cycle | 55 | 92 | 58 | 69 | 120 | 130 | 125 |
| Working Capital Days | 15 | 39 | 29 | 32 | 15 | 39 | 55 |
| ROCE % | 12% | 21% | 24% | 22% | 25% | 20% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Consolidated Order Book INR Crore |
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| Gross Current Assets (GCA) Days Days |
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| Phenix Division (PEB) Sales Quantity Metric Tons |
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| Phenix Division Installed Capacity MTPA |
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| Proflex Division (Roofing) Sales Quantity Lakh Square Meters |
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| Proflex Division Installed Capacity Sq. m. per annum |
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| Proflex Mobile Manufacturing Units Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 May - M & B Engineering Limited has informed about Schedule of meet
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
16 May - M&B Engineering Limited has submitted transcript for the earnings call held on 12th May, 2026
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Compliances-Reg.24(A)-Annual Secretarial Compliance
14 May - M&B Engineering filed its annual secretarial compliance report for FY 2025-26; no non-compliances or actions noted.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 May - Crisil monitoring report for quarter ended March 31, 2026 shows IPO proceeds utilization with no deviations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 May - M&B Engineering Limited has submitted the copy of the newspaper advertisement
Concalls
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May 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
Business Overview:[1][2]
M&BEL is a leading player in India’s Pre-Engineered Buildings (PEBs) sector, operating through two key divisions.