M & B Engineering Ltd
Incorporated in 1981, M&B Engineering Ltd is a design-led engineering solutions provider.[1]
- Market Cap ₹ 1,417 Cr.
- Current Price ₹ 248
- High / Low ₹ 536 / 223
- Stock P/E 14.9
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE 26.1 %
- ROE 28.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 48.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 520 | 415 | 688 | 880 | 795 | 989 | 1,210 | |
| 483 | 388 | 643 | 814 | 715 | 862 | 1,064 | |
| Operating Profit | 37 | 27 | 45 | 67 | 80 | 127 | 145 |
| OPM % | 7% | 6% | 7% | 8% | 10% | 13% | 12% |
| 5 | 8 | 6 | 9 | 13 | 8 | 12 | |
| Interest | 17 | 16 | 19 | 19 | 23 | 20 | 20 |
| Depreciation | 9 | 9 | 10 | 10 | 9 | 13 | 15 |
| Profit before tax | 17 | 10 | 22 | 46 | 61 | 102 | 123 |
| Tax % | 36% | 42% | 30% | 28% | 25% | 25% | |
| 11 | 6 | 16 | 33 | 46 | 77 | 94 | |
| EPS in Rs | 5.36 | 2.95 | 9.69 | 16.48 | 9.17 | 15.41 | 17.63 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 13% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 58% |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 24% |
| Last Year: | 28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 50 | 50 | 57 |
| Reserves | 100 | 105 | 125 | 161 | 183 | 257 | 538 |
| 114 | 114 | 100 | 149 | 205 | 191 | 114 | |
| 192 | 184 | 300 | 229 | 195 | 352 | 305 | |
| Total Liabilities | 426 | 423 | 544 | 559 | 633 | 849 | 1,014 |
| 68 | 70 | 69 | 79 | 77 | 176 | 178 | |
| CWIP | 1 | 4 | 2 | 2 | 66 | 2 | 1 |
| Investments | 3 | 2 | 4 | 5 | 7 | 5 | 5 |
| 355 | 348 | 470 | 473 | 483 | 666 | 830 | |
| Total Assets | 426 | 423 | 544 | 559 | 633 | 849 | 1,014 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 48 | 8 | 41 | 29 | 5 | 36 | |
| -4 | -9 | -13 | -12 | -62 | -34 | |
| 9 | -13 | -29 | 30 | 32 | -45 | |
| Net Cash Flow | 53 | -15 | -0 | 47 | -25 | -44 |
| Free Cash Flow | 42 | 2 | 34 | 11 | -66 | -7 |
| CFO/OP | 140% | 50% | 111% | 62% | 29% | 45% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 66 | 81 | 64 | 49 | 64 | 71 |
| Inventory Days | 129 | 160 | 150 | 95 | 125 | 174 |
| Days Payable | 140 | 139 | 149 | 73 | 59 | 123 |
| Cash Conversion Cycle | 55 | 101 | 65 | 72 | 129 | 123 |
| Working Capital Days | 14 | 35 | 22 | 24 | 13 | 36 |
| ROCE % | 11% | 17% | 23% | 22% | 26% |
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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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
25 Mar - INR73.18 Crore domestic PEB/structural steel order; 5-month execution; includes INR10.03 Crore erection via subsidiary.
-
Closure of Trading Window
24 Mar - Trading window closed 1 April 2026 until 48 hours after audited results for quarter/year ending 31 March 2026.
-
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
19 Mar - On March 18, 2026, two special resolutions ratifying ESOP Plan 2024 and grants passed with 97.08% assent.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 19 Mar
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Mar - M & B Engineering Limited has informed about Schedule of meet
Concalls
-
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.