M & B Engineering
- Market cap
- ₹ 1,448 Cr.
- P/E
- 14.9x
- P/B
- 2.31x
- 52-week range
- 223.05 – 535.9
- ROE
- 19%
- ROCE
- 23%
- Dividend yield
- 0.4%
- Debt / equity
- 0.13
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
M & B Engineering Limited is an India-based design-focused engineering solutions provider. The Company is engaged in the business of pre-engineered metal buildings (PEB), structural steel, self-supported steel roofing, and components. The Company provides its customers with comprehensive turnkey solutions, covering project design, engineering, manufacturing and erection, all modified to serve functions across the industrial and infrastructure sectors. Its operations are organized into two main subsidiaries: Phenix Construction Technologies Inc. (Phenix) and Proflex Roofing Solutions Private Limited (Proflex). The Phenix product solutions include PEB, Structural Steel Components, and Stainless-Steel Bridge Girders. The Proflex product solutions include Self-Supported Steel Roofing, Cantilever Roofing (Proflex Parking Solutions), Proflex Steel Buildings, Side Wall and Gable Wall Cladding, Accessories, and Solar Panel Integration.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →M & B Engineering against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)14.9 against a typical 14.4: pricier than most peers (1st = cheapest).96th of 181
- Sales growth+22.3% against a typical +8.6% from a year earlier.56th of 147
- Profit growth+22.2% against a typical 0% from a year earlier.46th of 130
- Share price, 3 months−12.7% against a typical −13.1%.82nd of 164
- Size₹ 1,448.2 Cr. market value against a typical ₹ 148 Cr. (1st = largest).33rd of 156
Latest announcements
Exchange filings and their impact on the company.
- 26 Oct 2026Commencement of commercial production/operationsMedium impactPositivePrice +0.3% that daySanand Phase-I adds 19% PEB capacity, supporting ~10% revenue growth over next 12 months.
M & B Engineering has started commercial production under Phase-I of its brownfield expansion at the Sanand, Gujarat PEB plant from 26 October 2026. The expansion adds 20,000 MTPA, taking Sanand capacity from 72,000 to 92,000 MTPA and total company PEB capacity from 103,800 to 123,800 MTPA. This ~19% capacity increase should support higher volumes and revenue growth as utilization ramps up over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 31 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 31 Aug 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 515 Cr. | |
| 18 Aug 2025 | ▲ Upgrade | Crisil A | — | CRISIL | ₹ 430 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 12 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 9 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 25 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 |
| Operating Profit | 13 | 39 | 33 | 42 | 29 | 34 | 40 | 38 | 31 |
| OPM % | 10% | 19% | 10% | 13% | 12% | 11% | 11% | 10% | 11% |
| Other Income | 3 | 2 | 1 | 2 | 4 | 2 | 3 | 5 | 5 |
| 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 | 5.7 | 3.59 | 3.88 | 4.46 | 4.72 | 3.83 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 25%
- 3 Years
- 13%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 74%
- 3 Years
- 42%
- TTM
- 11%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 23%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| M & B Engineering | ₹ 262.00 | ₹ 1,448 Cr. | 14.9x | 2.3x | 19% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39.1x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.8x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.1x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 167.3x | 3.3x | 10.2% | 35.9% |
Management
- Pankaj Naresh
- Chief Executive Officer
- Mayur Satishbhai Patel
- Chief Executive Officer
- Keyur Bachubhai Shah
- Chief Financial Officer
- Palak Dilipbhai Parekh
- Compliance Officer, Company Secretary
- Chirag Hasmukhbhai Patel
- Joint Managing Director, Executive Director
- Malav Girishbhai Patel
- Joint Managing Director, Executive Director
- Aditya Vipinbhai Patel
- Whole Time Director
- Birva Chiragbhai Patel
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.