MBEL Share Price | M & B Engineering Ltd Stock Analysis & Recommendation

Q: How has been the historical performance of M & B Engineer.?

Answer:The historical performance of M & B Engineer shows significant growth in various financial metrics as of March 2025.Breakdown:In March 2025, M & B Engineer reported net sales of 988.55 crore, with total operating income matching this figure. The total expenditure, excluding depreciation, was 862.18 crore, leading to an operating profit (PBDIT) of 134.70 crore. After accounting for interest and depreciation, the profit before tax stood at 102.24 crore, resulting in a profit after tax of 77.05 crore. The earnings per share (EPS) was reported at 15.41, with a profit after tax margin of 7.79%. The company's total assets reached 849.21 crore, while total liabilities were also 849.21 crore, indicating a balanced financial position. The cash flow from operating activities was 35.00 crore, and the net cash outflow was 43.00 crore, reflecting a decrease in cash and cash equivalents to 29.00 crore by the end of the period. Overall, M & B Engineer has demonstrated a robust financial performance with increasing sales and profits over the years.

Q: Is M & B Engineer. overvalued or undervalued?

As of 20 November 2025, M & B Engineer. has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 30.66, an EV to EBITDA of 19.01, and a ROCE of 16.95%. In comparison to its peers, M & B Engineer. has a higher PE ratio than Tata Steel, which stands at 28.92, and a lower EV to EBITDA than JSW Steel, which is at 13.83. This suggests that while M & B Engineer. is priced attractively relative to its earnings, it still offers a competitive edge in terms of return on capital employed. Notably, the stock has underperformed against the Sensex over the past week and month, which may reinforce its undervaluation narrative.

Q: Why is M & B Engineering Ltd falling/rising?

As of 16-Mar, M & B Engineering Ltd's stock price is currently rising, with a change of 0.35 (0.12%) to a current price of 283.25. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. However, it is important to note that the stock has been underperforming in the short term, with a 1-week decline of 1.51% and a significant 1-month drop of 20.21%. Additionally, the stock hit a new 52-week low of Rs. 270.1 earlier today, indicating ongoing challenges. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 47.44% against the 5-day average, suggesting some renewed interest from investors. Overall, while the stock is experiencing a slight rise today, it has been facing significant downward pressure over the past weeks and months, as evidenced by its performance relative to the benchmark Sensex and its moving averages.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.73 lacs (60.42%) Volume

Shareholding (Dec 2025)

FII

4.25%

Held by 13 FIIs

DII

4.02%

Held by 7 DIIs

Promoter

70.45%

How has been the historical performance of M & B Engineer.?

13-Nov-2025

As of March 2025, M & B Engineer reported net sales of 988.55 crore and a profit after tax of 77.05 crore, reflecting significant growth in financial performance with an EPS of 15.41 and a profit margin of 7.79%. The company maintains a balanced financial position with total assets and liabilities both at 849.21 crore.

View full answer

Is M & B Engineer. overvalued or undervalued?

21-Nov-2025

As of November 20, 2025, M & B Engineer. is considered undervalued with a fair to attractive valuation grade, a PE ratio of 30.66, an EV to EBITDA of 19.01, and a ROCE of 16.95%, despite underperforming against the Sensex recently.

View full answer

Why is M & B Engineering Ltd falling/rising?

17-Mar-2026

As of 16-Mar, M & B Engineering Ltd's stock price is rising slightly to 283.25 after a trend reversal, but it has underperformed recently with a 1-week decline of 1.51% and a 1-month drop of 20.21%. Despite hitting a new 52-week low of Rs. 270.1, increased investor participation suggests some renewed interest.

View full answer

Which are the latest news on M & B Engineer.?

21-Mar-2026

No latest news for M & B Engineer. found.

Which are the latest news on M & B Engineer.?

22-Mar-2026

No latest news for M & B Engineer. found.

Which are the latest news on M & B Engineer.?

23-Mar-2026

No latest news for M & B Engineer. found.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Construction

Market cap

INR 1,468 Cr (Small Cap)

P/E

15.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.08

Return on Equity

12.40%

Price to Book

2.59

Revenue and Profits:

Net Sales:

352 Cr

(Quarterly Results - Dec 2025)

Net Profit:

25 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-32.75%

6 Months

-40.87%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

M & B Engineer. for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

24.30%

EBIT Growth (5y)

58.59%

EBIT to Interest (avg)

5.56

Debt to EBITDA (avg)

2.80

Net Debt to Equity (avg)

0.34

Sales to Capital Employed (avg)

2.46

Tax Ratio

24.89%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

14.49%

ROCE (avg)

26.94%

ROE (avg)

23.54%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.36

EV to EBIT

13.33

EV to EBITDA

11.96

EV to Capital Employed

2.26

EV to Sales

1.60

PEG Ratio

Dividend Yield

ROCE (Latest)

16.95%

ROE (Latest)

12.40%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

KST

Dow Theory

Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (5.54%)

FIIs

Held by 13 FIIs (4.25%)

Promoter with highest holding

Girishbhai Manibhai Patel (27.13%)

Highest Public shareholder

Abu Dhabi Investment Authority - Stable (2.26%)

Individual Investors Holdings

10.96%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

281.95

260.20

8.36%

Operating Profit (PBDIT) excl Other Income

39.82

29.12

36.74%

Interest

3.93

4.34

-9.45%

Exceptional Items

-0.99

0.00

Standalone Net Profit

25.80

18.42

40.07%

Operating Profit Margin (Excl OI)

14.12%

11.19%

2.93%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 8.36% vs 13.96% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 40.07% vs 20.71% in Sep 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

488.53

324.11

50.73%

Operating Profit (PBDIT) excl Other Income

54.31

50.38

7.80%

Interest

10.00

10.02

-0.20%

Exceptional Items

0.00

Standalone Net Profit

33.68

29.79

13.06%

Operating Profit Margin (Excl OI)

11.12%

15.54%

-4.42%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

770.48

618.79

24.51%

Operating Profit (PBDIT) excl Other Income

94.13

81.37

15.68%

Interest

13.93

14.30

-2.59%

Exceptional Items

-0.99

0.00

Standalone Net Profit

59.48

45.96

29.42%

Operating Profit Margin (Excl OI)

12.22%

13.15%

-0.93%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Change(%)

Net Sales

909.16

Operating Profit (PBDIT) excl Other Income

121.94

Interest

19.67

Exceptional Items

0.00

Standalone Net Profit

74.01

Operating Profit Margin (Excl OI)

13.41%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About M & B Engineering Ltd

M & B Engineering Ltd

Small Cap

Construction

M&B Engineering Limited was originally incorporated as "Manibhai and Brothers (Construction) Private Limited" a Private Limited Company, dated June 16, 1981, issued by the RoC. Thereafter, Company name changed to "M & B Engineering Private Limited" and a fresh Certificate of Incorporation dated November 22, 2006 was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli.

Company Coordinates

No Company Details Available