M & B Engineering Limited
NSE: MBELCivil Construction
Share price
₹265.56
-8.62% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
65
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹1,514 Cr
P/E ratio
15.5
P/B ratio
2.3
ROCE
22.9%
ROE
19.3%
Dividend yield
0.3%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 24.0% a year against a sector median of 9.1% — 14.9 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 0.4 times its growth rate, on earnings growth of 42%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| M & B Engineering Limited — this one | 42%/yr | 15.5× | ₹0.37 |
| Rail Vikas Nigam Limited | -13%/yr | 43.4× | — |
| Kalpataru Projects International Limited | 36%/yr | 21.4× | ₹0.60 |
| IRB Infrastructure Developers Limited | 8%/yr | 21.6× | ₹2.7 |
| NBCC (India) Limited | 13%/yr | 29.2× | ₹2.2 |
| Cemindia Projects Limited | 68%/yr | 32.2× | ₹0.47 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Civil Construction), it ranks 20 of 89 on returns, 11 of 84 on growth, 50 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 22.9% on capital, ahead of 78% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹77 crore of cash from the business but spent ₹167 crore on plant and equipment, ₹90 crore more than it made; the gap was from shareholders — borrowings did not rise. But only about 47 of every 100 rupees of profit it reported over 7 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being waiting 22 days for its cash to waiting 49 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 9 checks clear · 89%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 10 Aug 2026 · Consolidated · Unaudited
Revenue
₹291 Cr
Revenue vs last year
+22.3%
Revenue vs last quarter
-20.0%
Net profit
₹22 Cr
Profit vs last year
+21.7%
Profit vs last quarter
-18.9%
Net margin
7.5%
EPS
₹3.75
Earnings call transcript · 10 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹1,514 Cr
- Prev close
- ₹265.56
- 52w High
- ₹536
- 52w Low
- ₹223
- Enterprise value
- ₹1,319 Cr
- Beta
- 1.6
- Price CAGR 1y
- -22.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 8.0%
- PEG ratio
- 0.4
- P/E ratio
- 15.5
- P/B ratio
- 2.3
- EV / EBITDA
- 9.2
- Industry P/E
- 15.6
- ROCE
- 22.9%
- ROCE 5y average
- 22.2%
- ROE
- 19.3%
- Debt / Equity
- 0.1
- Interest coverage
- 8.3
- Dividend yield
- 0.3%
- ROE 3y average
- 22.0%
- ROE last year
- 19.0%
Annual P&L
- Annual revenue
- ₹1,260 Cr
- Annual profit
- ₹93 Cr
- Operating margin
- 11.0%
- Net profit margin
- 7.4%
- EBITDA margin
- 11.3%
- Sales growth 3y
- 12.7%
- Sales growth 5y
- 24.9%
- Profit growth 3y
- 42.0%
- Profit growth 5y
- 74.0%
- EPS
- ₹16.2
- Sales growth TTM
- 21.0%
- Profit growth TTM
- 11.0%
- Dividend payout
- 6.0%
Quarter P&L
- Sales latest quarter
- ₹291 Cr
- Profit latest quarter
- ₹22 Cr
- YoY quarterly sales growth
- 22.5%
- YoY quarterly profit growth
- 22.2%
- OPM latest quarter
- 10.5%
Balance Sheet
- Book Value
- ₹115
- Face Value
- ₹10.0
- Total debt
- ₹84 Cr
- Total cash
- ₹279 Cr
- Borrowings
- ₹84 Cr
- Reserves / Equity
- 10.5
Cash Flow
- Operating cash flow
- -₹31 Cr
- Free cash flow
- -₹62 Cr
- FCF yield
- -5.2%
- Net cash flow
- ₹66 Cr
Shareholding
- Promoter holding
- 70.6%
- FII holding
- 0.8%
- DII holding
- 9.6%
- Public holding
- 18.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | 3,662.25 | 28.6 | 5,03,887 | 1.04 | 4,988.0 | 14.0 | 67,941.7 | 6.7 | 14.6 |
| Rail Vikas | 191.10 | 44.3 | 39,845 | 0.87 | 159.5 | 18.5 | 4,321.2 | 10.6 | 10.8 |
| Kalpataru Proj. | 1,429.00 | 21.9 | 24,403 | 0.75 | 311.5 | 45.1 | 6,408.0 | 3.8 | 18.3 |
| IRB Infra.Devl. | 17.42 | 21.4 | 21,040 | 0.87 | 306.3 | 51.3 | 2,137.3 | 1.8 | 7.5 |
| NBCC | 75.55 | 29.8 | 20,399 | 1.30 | 158.0 | 17.2 | 2,259.5 | -5.5 | 29.3 |
| Cemindia Project | 1,168.00 | 33.4 | 20,065 | 0.24 | 140.8 | 2.6 | 2,720.9 | 5.6 | 32.8 |
| Engineers India | 282.75 | 20.3 | 15,892 | 1.83 | 157.9 | 141.5 | 819.8 | -5.8 | 30.4 |
| M & B Engineer. | 272.00 | 16.0 | 1,555 | 0.35 | 21.9 | 22.0 | 291.1 | 22.5 | 22.9 |
| Median | 128.00 | 16.0 | 684 | 0.00 | 11.0 | 18.3 | 185.8 | 11.8 | 15.7 |
Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 140 | 207 | 328 | 314 | 238 | 307 | 352 | 364 | 291 |
| Expenses | 127 | 168 | 296 | 272 | 208 | 272 | 312 | 326 | 260 |
| Material Cost | 178 | 214 | 232 | 263 | 197 | ||||
| Change in Inventories | -19 | -14 | 9.44 | -17 | -3.09 | ||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | ||||
| Employee Cost | 26 | 30 | 27 | 28 | 32 | ||||
| Other Expenses | 22 | 43 | 44 | 52 | 35 | ||||
| Operating Profit | 13 | 39 | 33 | 42 | 29 | 34 | 40 | 38 | 31 |
| OPM % | 9.51 | 19 | 9.92 | 13 | 12 | 11 | 11 | 10 | 11 |
| Other Income | 3 | 2 | 1 | 2 | 4 | 2 | 3 | 5 | 5 |
| Exceptional items (within Other Income) | 0 | 0 | -1.15 | 0 | 0 | ||||
| Interest | 5 | 5 | 4 | 5 | 6 | 4 | 4 | 3 | 3 |
| Depreciation | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 9 | 32 | 26 | 35 | 24 | 29 | 35 | 36 | 29 |
| Tax % | 25 | 26 | 31 | 18 | 27 | 23 | 26 | 24 | 25 |
| Net Profit | 7 | 24 | 18 | 29 | 18 | 22 | 25 | 27 | 22 |
| EPS in Rs | 1.39 | 4.77 | 3.55 | 5.70 | 3.59 | 3.88 | 4.46 | 4.72 | 3.83 |
| Diluted EPS in Rs | 3.59 | 4.07 | 4.46 | 4.76 | 3.75 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 520 | 415 | 688 | 880 | 795 | 989 | 1,260 | 1,313 |
| Expenses | 483 | 388 | 643 | 814 | 715 | 862 | 1,118 | 1,170 |
| Material Cost | 872 | |||||||
| Change in Inventories | -26 | |||||||
| Purchases of Stock-in-Trade | 0 | |||||||
| Employee Cost | 111 | |||||||
| Other Expenses | 161 | |||||||
| Operating Profit | 37 | 27 | 45 | 67 | 80 | 127 | 142 | 143 |
| OPM % | 7 | 6 | 7 | 8 | 10 | 13 | 11 | 11 |
| Other Income | 5 | 8 | 6 | 9 | 13 | 8 | 15 | 15 |
| Exceptional items (within Other Income) | -1.15 | |||||||
| Interest | 17 | 16 | 19 | 19 | 23 | 20 | 17 | 15 |
| Depreciation | 9 | 9 | 10 | 10 | 9 | 13 | 15 | 15 |
| Profit before tax | 17 | 10 | 22 | 46 | 61 | 102 | 124 | 128 |
| Tax % | 36 | 42 | 30 | 28 | 25 | 25 | 25 | |
| Net Profit | 11 | 6 | 16 | 33 | 46 | 77 | 93 | 97 |
| EPS in Rs | 5.36 | 2.95 | 9.69 | 16 | 9.17 | 15 | 16 | 17 |
| Diluted EPS in Rs | 17 | |||||||
| Dividend Payout % | -0 | -0 | -0 | -0 | -0 | -0 | 6 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 25%
- 3 years
- 13%
- TTM
- 21%
Compounded profit growth
- 10 years
- —
- 5 years
- 74%
- 3 years
- 42%
- TTM
- 11%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- -22%
Return on equity
- 10 years
- —
- 5 years
- 21%
- 3 years
- 22%
- Last year
- 19%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | 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 | 105 | 125 | 161 | 183 | 257 | 600 |
| Borrowings | 114 | 114 | 100 | 149 | 205 | 191 | 84 |
| Other Liabilities | 192 | 184 | 300 | 229 | 195 | 352 | 420 |
| Total Liabilities | 426 | 423 | 544 | 559 | 633 | 849 | 1,161 |
| Fixed Assets | 68 | 70 | 69 | 79 | 77 | 176 | 180 |
| CWIP | 1 | 4 | 2 | 2 | 66 | 2 | 14 |
| Investments | 3 | 2 | 4 | 5 | 7 | 5 | 4 |
| Other Assets | 355 | 348 | 470 | 473 | 483 | 666 | 962 |
| Total Assets | 426 | 423 | 544 | 559 | 633 | 849 | 1,161 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 48 | 8 | 41 | 29 | 5 | 33 | -31 |
| Cash from Investing Activity | -4 | -9 | -13 | -12 | -62 | -32 | -39 |
| Cash from Financing Activity | 9 | -13 | -29 | 30 | 32 | -45 | 136 |
| Net Cash Flow | 53 | -15 | -0 | 47 | -25 | -44 | 66 |
| Free Cash Flow | 42 | 2 | 34 | 11 | -66 | -7 | -62 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 81 | 64 | 49 | 64 | 71 | 69 |
| Inventory Days | 129 | 160 | 150 | 95 | 125 | 197 | 175 |
| Days Payable | 140 | 139 | 149 | 73 | 59 | 137 | 107 |
| Cash Conversion Cycle | 55 | 101 | 65 | 72 | 129 | 131 | 137 |
| Working Capital Days | 14 | 35 | 22 | 24 | 13 | 37 | 49 |
| ROCE % | 11 | 17 | 23 | 22 | 26 | 23 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
10.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-195inr_cr
2026-03-31
order book, Rs crore
1,053inr_cr
2026-06-30
order inflow
262inr_cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about M & B Engineering Limited. Open one to see why it matters.
13 Aug, 18:05 IST · Company event · medium impact
M & B Engineering Limited is adding manufacturing capacity
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Cemindia Projects Limited
- Central Mine Planning & Design Institute Limited
- Engineers India Limited
- IRB Infrastructure Developers Limited
- Ircon International Limited
- KEC International Limited
- Kalpataru Projects International Limited
- Larsen & Toubro
- NBCC (India) Limited
- Rail Vikas Nigam Limited
- Techno Electric & Engineering Company Limited
Uses as raw material
- Galvanized iron (GI) coils
- Hot rolled coils
- Hot rolled plates
- Hot rolled sections
- Pre-painted galvalume coils
- Steel (various grades and thicknesses)
Depends on the price of
- steel
Sells to
- AIA Engineering Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Adani Green Energy · pre-engineered buildings / self-supported steel roofing / structural steel
- Adani Ports & SEZ · pre-engineered buildings / self-supported steel roofing / structural steel
- Alembic Pharmaceuticals Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Arvind Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Asian Paints · pre-engineered buildings / self-supported steel roofing / structural steel
- CEAT Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Cera Sanitaryware Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Elecon Engineering Company Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Larsen & Toubro · pre-engineered buildings / self-supported steel roofing / structural steel
- PSP Projects Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Raymond Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Reliance Industries · pre-engineered buildings / self-supported steel roofing / structural steel
- Shree Cement · pre-engineered buildings / self-supported steel roofing / structural steel
- Trident Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Vardhman Textiles Limited · pre-engineered buildings / self-supported steel roofing / structural steel
- Voltas Limited · pre-engineered buildings / self-supported steel roofing / structural steel
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Construction
- Industry
- Civil Construction
- Classification
- Construction › Civil Construction
- ISIN
- INE08N601015
Plants
- Cheyyar Facility · Cheyyar, Tamil Nadu
- Proflex mobile manufacturing units · mobile/pan-India, multiple
- Sanand Facility · Sanand, Gujarat
News impact
Big market events that reach M & B Engineering Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 10 Sep 2026 | unspecified | ₹1 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 7 Oct 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | BUY | 3,85,937 | ₹287.95 |
| 7 Oct 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | SELL | 3,85,937 | ₹288.17 |
| 7 Oct 2026 | MICROCURVES TRADING PRIVATE LIMITED | BUY | 3,62,337 | ₹289.79 |
| 7 Oct 2026 | MICROCURVES TRADING PRIVATE LIMITED | SELL | 3,62,337 | ₹290.28 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 25 Sep 2026 | SVAR Family Trust · Trust | BUY | 5,000 | 0.13 |
| 2 Sep 2026 | Birju Maheshbhai Patel · Director | BUY | 3,744 | 0.10 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2625 Aug 2026
- Earnings call12 Aug 2026
- Earnings call · Q1FY2710 Aug 2026
- Results presentation30 Jun 2026
- Earnings call9 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.