M & B Engineering Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
M&B Engineering reported Q1 FY27 consolidated revenue of INR291 crores, up 22.5% year-on-year, with EBITDA of INR36 crores and profit after tax of INR22 crores. Management attributed margin pressure to a sharp rise in freight costs to the US amid West Asia geopolitical tensions, while noting the order book stood at INR1,053 crores, up approximately 25% year-on-year. The company also discussed capacity expansions at its Sanand and Cheyyar facilities and reiterated its full-year revenue growth guidance of over 25% for FY27.
M&B Engineering reported FY26 revenue growth of 27% to Rs 1,259.7 crore, with Q4 FY26 revenue up 16% to Rs 363.7 crore, while EBITDA and PAT grew 17% and 20% respectively for the year. Management attributed Q4 margin pressure to forex losses, a sharp rise in steel prices, and higher export freight costs linked to the Iran conflict. The company reported an unexecuted order book of Rs 1,083 crore and highest-ever annual order inflow of Rs 1,539 crore, and outlined capacity expansion plans at its Sanand and Cheyyar facilities.