M & B Engineering Ltd (MBEL) — shareholding pattern, promoter holding, financials and share price
About M & B Engineering Ltd (MBEL)
M & B Engineering Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as MBEL and on the BSE under scrip code 544470. Its ISIN is INE08N601015.
Incorporated in 1981, M&B Engineering Ltd is a design-led engineering solutions provider. [1]
M&B Engineering is an India‑based engineering‑led construction company providing Pre‑Engineered Buildings (PEBs) under the Phenix brand and self‑supported steel roofing under the Proflex brand, offering design‑to‑delivery turnkey solutions from manufacturing facilities at Sanand and Cheyyar plus a fleet of mobile Proflex units and a US subsidiary for international projects.
The company reported record Q3FY26 consolidated revenue of ₹352 crore and 9MFY26 revenue of ₹896 crore (33% YoY), with EBITDA margin near management guidance at 12.4% in Q3 and 12.7% for 9M; this reflects disciplined pricing and improving operating leverage across both divisions.
Listed peers in Civil Construction: Capacite Infraprojects Ltd, Vikran Engineering Ltd, Solarworld Energy Solutions Ltd, Garuda Construction and Engineering Ltd, SPML Infra Ltd, GPT Infraprojects Ltd.
Valuation & Returns
10 Jul 2026At ₹319.75 a share on 10 Jul 2026, M & B Engineering Ltd (MBEL) was valued at a price-to-earnings ratio of 19.72x against an industry P/E of 25.97x and a price-to-book of 5.96x on a book value of ₹53.64 per share as of Mar 2025. Solomo computes return on equity of 30.22% and return on capital employed of 28.35% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.72x
- Industry P/E
- 25.97x
- P/B
- 5.96x
- EPS (TTM)
- ₹16.21
- Book value / share
- ₹53.64
- ROE
- 30.22%
- ROCE
- 28.35%
- ROA
- 10.91%
- Debt / equity
- 0.62x
- Dividend yield
- 0.31%
- EBITDA margin
- 12.39%
- 52-week range
- ₹224.9 – ₹535.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, M & B Engineering Ltd (MBEL) reported revenue of ₹1,260 crore, net profit of ₹93 crore and earnings per share of ₹16.21. That compares with revenue of ₹989 crore and net profit of ₹77 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹364 crore and net profit ₹27 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 688 | 880 | 795 | 989 | 1,260 |
| Net profit (₹ cr) | 16 | 33 | 46 | 77 | 93 |
| EPS (₹) | 9.69 | 16.48 | 9.17 | 15.41 | 16.21 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 11.82% | 9.76% | 24.34% |
| Profit growth | 46.04% | 41.06% | 68.86% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.61% of M & B Engineering Ltd (MBEL) (up 0.07 pp QoQ), foreign institutional investors (FII) hold 0.85% and domestic institutional investors (DII) hold 9.64%. Market capitalisation was ₹1,827 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Jun 2026: Abakkus Growth Fund-2 2.03%, Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund 1.96%, Hdfc Mutual Fund - Hdfc Manufacturing Fund 1.65%, Kotak Infrastructure & Economic Reform Fund 1.1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.61% | - | 0.85% | 9.64% | 29.39% |
| Mar 2026 | 70.54% | - | 2.86% | 9.73% | 29.46% |
| Dec 2025 | 70.45% | - | 4.25% | 10.24% | 29.55% |
| Sep 2025 | 70.45% | - | 4.74% | 13.46% | 29.55% |