Synopsis:
Recently listed company is in spotlight after receiving a domestic contract Rs. 98 crore for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building.
A recently listed company that is a design-led engineering solutions provider, is in the spotlight today after receiving a domestic contract worth Rs. 98 crore. With the market capitalization of Rs. 2,131.91 crore, the shares of M & B Engineering Ltd is trading at Rs. 373.05, up by 1.97 percent from its previous day’s close price of Rs. 365.85 per equity share.
Work Order
M & B Engineering Ltd has secured a domestic contract worth Rs. 98 crore (plus taxes) for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building. The project, which comes with a six-month execution timeline and a 15 percent advance payment clause, includes standard contractual terms.
As of June, 2025, the company’s consolidated order book is worth Rs. 842.84 crore. Out of which Rs. 510.90 crore (60.61 percent) is from Phenix domestic business , Rs. 122.67 (14.56 percent) crore is from Phenix export business and Rs. 209.27 (24.83 percent) crore is from Proflex business.
Also read: Cable stock under ₹40 jumps 4% after securing purchase order for aluminium cables
About the Company & Others
M&B Engineering Limited, incorporated in 1981, specializes in Pre-Engineered Buildings (PEBs) and self-supported steel roofing solutions, offering end-to-end services from design and engineering to manufacturing, testing, and installation.
Serving sectors such as general engineering, manufacturing, F&B, warehousing, logistics, power, textiles, and railways, the company operates two facilities in Sanand, Gujarat (since 2008) and Cheyyar, Tamil Nadu (since 2024) with a combined PEB capacity of 103,800 MTPA.
Its operations are divided into the Phenix Division, which manufactures PEBs including structural components and claddings, and the Proflex Division, which produces and installs self-supported steel roofing at customer sites. M&B Engineering exports to 22 countries and has completed over 9,500 projects as of FY25, focusing on high-performance, cost-effective, and efficient solutions.
With a price range of Rs. 366 to Rs. 385 per equity share, M&B Engineering Limited launched its initial public offering (IPO). The subscription period was open from July 30 to August 1, 2025. On August 4, 2025, the company’s shares went public on the BSE and NSE platform.
A return on equity (ROE) of about 28.5 percent, a return on capital employed (ROCE) of about 26.1 percent and debt to equity ratio of 0.62 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 27.9x higher as compared to its industry P/E 21.6x.
M&B Engineering reported strong growth in Q1FY26, with revenue rising to Rs. 238 crore, up 70 percent YoY from Rs. 140 crore in Q1FY25, though down 24 percent QoQ from Rs. 314 crore in Q4FY25. Profit surged to Rs. 18 crore in Q1FY26, marking a 157 percent YoY increase from Rs. 7 crore and a 38 percent decline QoQ from Rs. 29 crore in Q4FY25, reflecting healthy operational momentum despite seasonal quarterly fluctuations.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
