Latest: M & B Engineering Ltd Q1 FY27 results →All Q3 FY26 results →
M&

M & B Engineering Ltd

Q3 FY26Construction

M & B Engineering Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹274
Market cap₹1.5K Cr
P/E15.9
Updated23 Aug 2026
Read4 min read

M & B Engineering Ltd Q3 FY26 key numbers

Revenue
Current unexecuted export order book stands at approximately INR 280-300 crores, to be executed in FY’27.

As stated in M & B Engineering Ltd's Q3 FY26 earnings call transcript · published 16 Jul 2026. Reported figures, not investment advice.

The short version

The company expects strong higher-teen growth in FY’27, driven by both Phenix and Proflex divisions. The company expects strong higher-teen growth in FY27, driven by both Phenix and Proflex divisions.

From M & B Engineering Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • The company expects strong higher-teen growth in FY’27, driven by both Phenix and Proflex divisions.
  • Current unexecuted export order book stands at approximately INR 280-300 crores, to be executed in FY’27.
  • Additional capacity of 20,000 tons coming at Sanand plant by Q2 FY’27, and expansion at Cheyyar planned for FY’28.
  • Proflex capacity to increase by approximately 3 lakh square meters per annum with new manufacturing units commissioning by Q1 FY’27.
  • Management plans a 3-4 year vision to build PEB capacity to about 3,00,000 tons with 20-25% exports.
  • Current order pipeline is strong with about 17-18 lakh square meters in Proflex and 100,000 inquiries of 100-150,000 metric tons in Phenix.
  • Domestic market remains robust with strong inquiries, especially in Southern and Western India.

2 more points from M & B Engineering Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what M & B Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • The company is undertaking a phased capex related to the IPO proceeds, primarily focused on expanding the Sanand plant capacity by 20,000 tons, expected to be operational by Q2 FY'27.
  • The Cheyyar plant expansion of 28,000 tons per annum will follow, targeted to be operational around Q1 or Q2 FY'28.
  • Total capex for FY‘27 is estimated at around INR 80 Crores, including expansion phases.
  • Approximately 50% of the net IPO proceeds (₹130.31 Cr out of ₹259.32 Cr) have been utilized as of Dec 31, 2025.
  • No plans for additional capital raising like QIP; the company has sufficient borrowing capacity if required.

2 more points from M & B Engineering Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Construction

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
2Solarworld Ene.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what M & B Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Current domestic order book (Q3): INR 818 crores (includes INR 240 crores Proflex segment; domestic portion approx. INR 500 crores).
  • Export order book approximately INR 316 crores.
  • Executable order book pipeline spans next 8-10 months.
  • Inquiry pipeline: Proflex has about 17 to 18 lakh square meters; Phenix has about 100,000 active inquiries totaling approx. 100,000-150,000 metric tons.
  • Railways inquiries standing at 5 to 5.5 lakh square meters across 19 zones.

2 more points from M & B Engineering Ltd's call on order book

Create a free account to keep reading this call

M & B Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹364 Cr, net profit ₹27 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Construction this season

  • Likhitha Infrastructure Ltd (Q3 FY26)

    Year-on-Year change in revenue: Decrease of approximately 39.59% . Key investor presentation takeaways from Likhitha Infrastructure Ltd's Q3 FY26 investor prese

  • SEPC Ltd (Q3 FY26)

    Q3 FY26 Revenue:** ₹340.97 Cr . Key investor presentation takeaways from SEPC Ltd's Q3 FY26 investor presentation — and how it ranks against sector peers.

  • Deepak Builders & Engineers India Ltd (Q3 FY26)

    The provided pages of the document do not contain any revenue, sales, or volume figures for the quarter, nor do they provide any year-on-year change…

  • GK Energy Ltd (Q3 FY26)

    Q3 FY26 Revenue from Operations (Standalone): ₹460.20 Crores, up 43.64% YoY from ₹320.38 Crores in Q3 FY25 (Page 21). Key investor presentation takeaways from G

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

M & B Engineering Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were M & B Engineering Ltd Q3 FY26 results?

The company expects strong higher-teen growth in FY’27, driven by both Phenix and Proflex divisions. The company expects strong higher-teen growth in FY27, driven by both Phenix and Proflex divisions.

What is M & B Engineering Ltd share price analysis?

M & B Engineering Ltd currently shows a neutral. The stock trades at a P/E of 15.9 with a market cap of ₹1,546 Cr. Investors should review the full earnings analysis for detailed insights.

Is M & B Engineering Ltd planning capital expenditure?

The company is undertaking a phased capex related to the IPO proceeds, primarily focused on expanding the Sanand plant capacity by 20,000 tons, expected to be operational by Q2 FY'27.

Keep M & B Engineering Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.