M & B ENGINEERING LIMITED

BSE: MBEL544470ISIN INE08N601015

Industrials
Civil Construction
BSE Industrials

Share price

₹259.90+3.20 (+1.25%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹535.85
52W low: ₹224.90
Off 52W high: -51.50%
1M return: +5.05%
3M return: -9.87%
6M return: -19.30%
1Y return: -42.30%
20D avg volume: 72,701
50 DMA: ₹263.83
200 DMA: ₹296.02

Key ratios Consolidated

Market cap: ₹1,486 Cr
Current price: ₹259.90
52W high / low: ₹535.85 / ₹224.90
Face value: ₹10.00
P/E: 15.38
P/B: 2.26
EPS (TTM): ₹16.90
Book value / share: ₹114.98
ROE: —
ROCE: 21.00%
Operating margin: —
Net margin: —
Debt / equity: 0.12
Net debt: ₹-16.78 Cr
Interest cover: 8.09
Dividend yield: 0.38%
Dividend / share (TTM): ₹1.00
Payout: 5.92%
Cash conversion cycle: 108.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25
Income statement
	291.10	363.71	351.51	306.85	237.65	—
	5.08	5.29	3.85	2.33	4.21	—
	296.18	369.00	355.35	309.18	241.86	—
	266.91	333.24	319.60	280.41	217.43	—
	196.69	262.69	231.62	213.57	178.19	—
	0.00	0.00	0.00	0.00	0.00	—
	31.65	28.02	26.69	29.76	26.48	—
	2.81	3.37	4.01	4.37	5.68	—
	3.69	4.02	3.78	3.68	3.57	—
	35.16	51.65	44.05	43.15	22.47	—
	29.27	35.76	35.76	28.77	24.43	—
	0.00	0.00	-1.15	0.00	0.00	—
	29.27	35.76	34.60	28.77	24.43	—
	7.37	8.76	9.12	6.57	6.48	—
	21.90	27.00	25.49	22.20	17.95	—
	3.75	4.76	4.46	4.07	3.59	—
Key metrics
	35.77	43.15	42.39	36.82	33.68	—
	12.30%	11.90%	12.10%	12.00%	14.20%	—
	7.50%	7.40%	7.30%	7.20%	7.60%	—
	—	5.80%	—	5.30%	—	—
	22.50%	—	—	—	—	—
	22.00%	—	—	—	—	—

Metric	TTM	FY26	FY25
Income statement
	1,313	1,260	—
	16.55	15.67	—
	1,330	1,275	—
	1,200	1,151	—
	904.57	872.23	—
	0.00	0.00	—
	116.12	110.95	—
	14.56	17.42	—
	15.17	15.06	—
	174.01	161.33	—
	129.56	124.72	—
	-1.15	-1.15	—
	128.40	123.56	—
	31.82	30.93	—
	96.59	92.64	—
	17.04	16.94	—
Key metrics
	158.13	156.04	—
	12.04%	12.40%	—
	7.36%	7.40%	—
	—	21.00%	—
	—	-59.53	—
	—	-0.28	—
	—	0.12	—
	—	-16.78	—
	—	108.5	—
Balance sheet
	—	1,161	—
	—	938.76	—
	—	95.76	—
	—	239.14	—
	—	349.01	—
	—	70.25	—
	—	171.79	—
	—	213.80	—
	—	489.82	—
	—	78.98	—
	—	78.98	—
	—	0.00	—
	—	657.10	—
Cash flow
	—	-26.08	—
	—	-39.25	—
	—	136.25	—
	—	33.45	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25
Income statement
	264.70	314.31	281.95	260.20	228.33	—
	5.35	5.51	4.20	2.81	4.28	—
	270.05	319.82	286.15	263.01	232.61	—
	250.58	293.71	249.84	239.08	212.37	—
	186.76	240.23	203.71	187.89	169.22	—
	0.00	0.00	0.00	0.00	0.00	—
	27.69	24.25	22.23	26.34	23.78	—
	2.77	3.35	3.93	4.34	5.65	—
	3.68	4.00	3.77	3.66	3.57	—
	23.50	32.74	19.78	22.86	20.89	—
	19.47	26.11	36.31	23.93	20.24	—
	0.00	0.00	-0.99	0.00	0.00	—
	19.47	26.11	35.32	23.93	20.24	—
	4.83	6.83	9.52	5.51	4.98	—
	14.64	19.28	25.80	18.42	15.26	—
	2.49	3.36	4.48	3.22	3.05	—
Key metrics
	25.92	33.46	43.02	31.93	29.46	—
	9.80%	10.60%	15.30%	12.30%	12.90%	—
	5.50%	6.10%	9.20%	7.10%	6.70%	—
	—	4.40%	—	4.50%	—	—
	15.90%	—	—	—	—	—
	-4.10%	—	—	—	—	—

Metric	TTM	FY26	FY25
Income statement
	1,121	1,085	—
	17.87	16.80	—
	1,139	1,102	—
	1,033	994.99	—
	818.59	787.20	—
	0.00	0.00	—
	100.51	96.61	—
	14.39	17.28	—
	15.11	14.99	—
	98.88	96.27	—
	105.82	106.60	—
	-0.99	-0.99	—
	104.83	105.61	—
	26.69	26.84	—
	78.14	78.76	—
	13.55	14.40	—
Key metrics
	134.33	137.88	—
	11.98%	12.70%	—
	6.97%	7.30%	—
	—	18.40%	—
	—	-69.58	—
	—	-0.46	—
	—	0.12	—
	—	-10.45	—
	—	107.1	—
Balance sheet
	—	1,102	—
	—	866.75	—
	—	89.43	—
	—	186.50	—
	—	340.07	—
	—	61.53	—
	—	171.72	—
	—	208.29	—
	—	431.92	—
	—	78.98	—
	—	78.98	—
	—	0.00	—
	—	655.96	—
Cash flow
	—	-36.18	—
	—	-36.95	—
	—	136.39	—
	—	33.40	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 70.60%

Quarter	September 2026	June 2026
Promoter %	70.60%	70.61%

Holder	Type	Holding	Previous	Change
Girishbhai Manibhai Patel	Promoter	27.15%	27.16%	-0.01%
Chirag Hasmukhbhai Patel	Promoter	24.74%	24.74%	0.00%
Birva Chirag Patel	Promoter	7.03%	7.03%	0.00%
Aditya Vipinbhai Patel	Promoter	3.53%	3.53%	0.00%
Vipinbhai Kantilal Patel	Promoter	3.52%	3.52%	0.00%
Umaben Girishbhai Patel	Promoter Group	2.83%	2.83%	0.00%
Abakkus Growth Fund-2	Public	2.03%	2.03%	0.00%
Malav Girishbhai Patel	Promoter	1.77%	1.77%	0.00%
Hdfc Mutual Fund - Hdfc Manufacturing Fund	Public	1.76%	1.65%	+0.11%
Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Small Cap Fund	Public	1.75%	—	—
Kotak Infrastructure & Economic Reform Fund	Public	1.10%	1.10%	0.00%
MGM5 Family Trust	Promoter	0.01%	0.01%	0.00%
Chirag H Patel Family Trust	Promoter	0.01%	0.01%	0.00%
MGM11 Family Trust	Promoter	0.01%	0.01%	0.00%
Abir Investments Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%
M & B ENGINEERING LIMITED	1,486	259.90	15.38	21.00%	—	—	-42.30%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

M & B Engineering Limited has informed the Exchange about Schedule of meet30 Oct 2026 · Company Update / Analyst / Investor Meet
M & B Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve We wish to inform you that ....30 Oct 2026 · Board Meeting / Board Meeting
M & B Engineering Limited has informed the Exchange that the Company has commenced commercial production under Phase-I of the brownfield at its PEB manufacturing facility located at Sanand, ....26 Oct 2026 · Company Update / General
M & B Engineering Limited has informed the Exchange regarding Allotment of 2524 Equity Shares of face value of Rs. 10/- each, under M&B Engineering Limited Employee Stock Option Plan 202421 Oct 2026 · Company Update / Allotment of ESOP / ESPS
M & B Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
M & B Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
In compliance with the Regulation 30(6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby notify that ....21 Sep 2026 · Company Update / Analyst / Investor Meet
Kindly note that the Shareholders in their 44th Annual General Meeting held today i.e. on 17th September, 2026 through VC/ OAVM, have accorded their approval for, inter alia: - Re-appointment ....17 Sep 2026 · Company Update / Change in Management
Declaration of Results of Resolutions passed at the 44th Annual General Meeting and Submission of Scrutineer''s Report17 Sep 2026 · AGM/EGM / AGM
Declaration of Results of Resolutions passed at the 44th Annual General Meeting and Submission of Scrutineer''s Report17 Sep 2026 · AGM/EGM / AGM
We are enclosing herewith copy of the Proceedings of the 44th Annual General Meeting of the Company held on 17th September, 2026 through Video Conferencing (''VC'')/ Other Audio-Visual ....17 Sep 2026 · AGM/EGM / AGM
We are enclosing herewith copy of the Proceedings of the 44th Annual General Meeting of the Company held on 17th September, 2026 through Video Conferencing (''VC'')/ Other Audio-Visual ....17 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the Company has received EU Certification for its ....17 Sep 2026 · Company Update / General
We are enclosing herewith Clipping of Newspaper advertisement for 44th Annual General Meeting of the Company Published on 26th August, 202626 Aug 2026 · Company Update / Newspaper Publication
Submission of Notice of 44th AGM along with Annual Report 2025-26.25 Aug 2026 · AGM/EGM / AGM
Notice of 44th AGM along with Annual Report 2025-26.25 Aug 2026 · Company Update / General
we are enclosing herewith - Notice of 44th Annual General Meeting of Members of the company along with Annual Report for F.Y. 25-2625 Aug 2026 · Others / Reg. 34 (1) Annual Report
M & B Engineering Limited has informed the Exchange about Schedule of meet19 Aug 2026 · Company Update / Analyst / Investor Meet
M&B Engineering Limited has submitted the transcript of earnings call held on 10th August, 202614 Aug 2026 · Company Update / Earnings Call Transcript
We are enclosing herewith clippings of Newspapers Advertisement published on 13th August, 2026 for your information and records.13 Aug 2026 · Company Update / Newspaper Publication
This is with reference to the Intimation related to Fixation of Date of Annual General Meeting, E-voting & Record date submitted to the Stock Exchanges on 10th August, 2026. We wish to ....12 Aug 2026 · Company Update / General
We wish to inform you that, due to an inadvertent typographical error, the day of the week corresponding to the date of the 44th Annual General Meeting was mentioned as 'Tuesday, the 17th ....12 Aug 2026 · Company Update / General
The Company is submitting is herewith the copy of monitoring agency report for the quarter ended 30th June, 202612 Aug 2026 · Company Update / Monitoring Agency Report
M&B Engineering Limited has submitted the copy of newspaper publication11 Aug 2026 · Company Update / Newspaper Publication
M & B Engineering Limited has informed the Exchange about Link of Recording10 Aug 2026 · Company Update / Analyst / Investor Meet
M&B Engineering Limited has submitted the statement of Deviation & variation for the quarter ended 30th June, 202610 Aug 2026 · Company Update / General
Board of Directors in their meeting held today has approved a Brown field expansion project of heavy structural steel involving capacity Addition of 10,000 MTPA over existing capacity of ....10 Aug 2026 · Company Update / General
Board of Directors in their meeting held today based on the recommendation of NRC have, inter alia Recommended the Re-appointment of Mr. Aditya V. Patel and Ms. Birva C. Patel as Whole ....10 Aug 2026 · Company Update / General
Press Release for unaudited Financial Results for the quarter ended on 30 June, 2026.10 Aug 2026 · Company Update / Press Release / Media Release
in terms of Regulation 30 of SEBI (LODR) Regulations, 2025 and our intimation dated 4th August, 2026 regarding earning conference Call, we enclose herewith the Investor presentation for ....10 Aug 2026 · Company Update / Investor Presentation
The Board of Directors in their meeting held today have decided date of AGM, Record date for Dividend and E-voting period for AGM and other matters.10 Aug 2026 · Corp. Action / Dividend
Board of Directors in their meeting held today, inter alia, approved the allotment of 12,503 Equity shares of face value of Rs. 10/- each, under "M & B Engineering Limited Employee Stock ....10 Aug 2026 · Company Update / Allotment of ESOP / ESPS
unaudited Financial Results (standalone and Consolidated) for the quarter ended on 30th June, 2026.10 Aug 2026 · Result / Financial Results
(A).Please note that the Board of Directors in their meeting held today have taken on record the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended on 30th June, ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
M & B Engineering Limited has informed the Exchange about Schedule of meet10 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that, post announcement of ....4 Aug 2026 · Company Update / Analyst / Investor Meet
M & B Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve We wish to inform you that ....4 Aug 2026 · Board Meeting / Board Meeting
M&B Engineering Limited has informed the Stock Exchange regarding Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th June, 20267 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
M&B Engineering Limited has informed the Stock Exchange regarding closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Birva Chirag Patel & Others18 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	10 Sep 2026	10 Sep 2026	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results