M&B Engineering Ltd. has scheduled an investor and analyst meeting for May 22, 2026. The company intimated the stock exchanges regarding the schedule of the virtual interaction, which is part of the Centrum Nakshatra III- Shining Stars Amid Global Turbulence event.

Meeting Details

The meeting is scheduled for Friday, May 22, 2026. The interaction will be conducted virtually to facilitate participation from investors and analysts.

Disclosure and Compliance

The company clarified that it will refer to publicly available documents during the discussions. M&B Engineering stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interaction. The schedule remains indicative and subject to changes necessitated by unforeseen developments.

M&B Engineering has reported its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The Board of Directors, which met on May 12, 2026, approved the results and recommended a final dividend of ₹1/- per equity share of ₹10/- each for FY2025-26, subject to shareholder approval. The company also formally confirmed, pursuant to SEBI Listing Regulations, that there are no deviations or variations in the utilisation of IPO proceeds for the quarter ended March 31, 2026, as against the objects stated in the offer letter. Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the extracts of the audited standalone and consolidated financial results were published in Business Standard (English Edition) and Jai Hind (Gujarati Edition) on May 13, 2026. Following the announcement, an earnings conference call was held on May 12, 2026, with management representatives including Mr. Chirag Patel, Joint Managing Director, Mr. Malav Patel, Joint Managing Director, Mr. Sanjay Majmudar, Director, and Mr. Keyur Shah, Chief Financial Officer.

Q4FY26 Consolidated Financial Performance

M&B Engineering's latest quarterly results reflect continued revenue momentum offset by margin pressure. The following table summarises the key consolidated financial metrics for Q4FY26:

Revenue from operations for the quarter rose to ₹363.70 cr from ₹313.64 cr in the same period last year, marking the highest-ever quarterly revenue for the company. However, consolidated profit after tax declined to ₹27.00 cr from ₹28.51 cr year-on-year, and EBITDA contracted marginally to ₹43.15 cr from ₹43.92 cr, with the EBITDA margin narrowing to 11.9% from 14.0% in the corresponding quarter of the previous year.

FY26 Full Year Consolidated Performance

For the full financial year, M&B Engineering delivered robust growth across key parameters. The table below presents the annual consolidated performance:

The company achieved a 4-year revenue CAGR of 31.5% (FY22–FY26) and a PAT 4-year CAGR of 54.4% (FY22–FY26). ROCE stood at 23.1% and ROE at 19.2% for FY26.

Standalone Financial Highlights

On a standalone basis, M&B Engineering reported the following key figures for Q4FY26 and FY26:

The standalone results include an exceptional item of ₹99.14 lakh pertaining to the statutory impact of new Labour Codes, following the Government of India's announcement of implementation of four Labour Codes effective November 21, 2025. On a consolidated basis, the exceptional item was assessed at ₹115.22 lakh.

Subsidiary Details

The consolidated audited financial results comprise the results of M&B Engineering's subsidiaries — Phenix Building Solutions Private Limited and Phenix Construction Technologies INC, USA. The financial results of Phenix Construction Technologies INC, USA (the foreign subsidiary), which were certified by management, reflect the following:

Order Book & Business Momentum

M&B Engineering reported strong order inflow and order book metrics, underscoring sustained demand visibility:

FY26 marked the highest-ever order inflow of ₹1,539 cr, supported by sustained increase in demand for pre-engineered buildings (PEBs) and self-supported roofing systems. The unexecuted order book's 4-year CAGR stood at 24.1%, reflecting sustained global adoption of technology-led construction. During FY26, the company incurred capital expenditure of ₹33 cr, primarily directed towards capacity augmentation and operational strengthening.

Balance Sheet & Working Capital

As at March 31, 2026, total consolidated assets stood at ₹1,16,062.20 lakh compared to ₹84,921.49 lakh as at March 31, 2025. Total equity improved significantly to ₹65,709.87 lakh from ₹30,653.66 lakh, reflecting the impact of the IPO completed during the year. The working capital cycle on a consolidated basis is summarised below:

IPO Proceeds Utilisation

M&B Engineering completed its Initial Public Offer (IPO) of 1,68,88,474 equity shares at an issue price of ₹385 per share, raising Rs. 275 Crores (Fresh Issue), with shares allotted on August 4, 2025 and listed on NSE and BSE on August 6, 2025. The net IPO proceeds available for utilisation stood at ₹25,932 lakh after offer expenses of ₹1,568 lakh. Pursuant to SEBI Listing Regulations, the company has formally confirmed that there are no deviations or variations in the utilisation of IPO proceeds for the quarter ended March 31, 2026, as against the objects stated in the offer letter. The IPO proceeds are monitored by Crisil Ratings Limited as the designated monitoring agency. The utilisation status as on March 31, 2026 is as follows:

The unutilised balance of ₹12,151.30 lakh as on March 31, 2026 was invested in fixed deposits (₹11,810.00 lakh), MA Account (₹288.70 lakh), and Escrow Account (₹52.60 lakh). Consequent to the IPO allotment, the paid-up equity share capital increased from ₹5,000 lakh (5,00,00,000 equity shares of ₹10 each) to ₹5,714.82 lakh (5,71,48,215 equity shares of ₹10 each).

ESOP Scheme

The company has formulated an employee stock option scheme — ESOP Scheme 2024 — pursuant to resolutions passed by the Board and Shareholders on June 6, 2024. The scheme was subsequently amended vide Board resolution dated July 14, 2025 and a Shareholders' special resolution dated July 15, 2025. The company is authorised to grant 7,50,000 options at its discretion, and on July 15, 2025, the company granted 2,52,800 options to eligible employees.

Board Meeting & Earnings Conference Call

The board meeting was convened to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with recommending a final dividend of ₹1/- per equity share for FY2025-26. Both intimations were signed by Palak Dilipbhai Parekh, Company Secretary & Compliance Officer. The statutory auditors, Talati & Talati LLP, issued an unmodified opinion on both standalone and consolidated financial results.

Following the results announcement, M&B Engineering hosted an earnings conference call on May 12, 2026 at 4:00 PM (IST). The company was represented at the call by Mr. Chirag Patel, Joint Managing Director, Mr. Malav Patel, Joint Managing Director, Mr. Sanjay Majmudar, Director, and Mr. Keyur Shah, Chief Financial Officer. The call details are as follows:

For further inquiries, participants may contact Keyur Shah, CFO, at keyur@mbphenix.com , or reach out to EY representatives Krishna Patel and Arpit Mundra. The audio recording of the earnings conference call is available on the company's website at https://www.mbel.in/investors . No unpublished price sensitive information was shared during the call.

Newspaper Publication of Financial Results

Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, M&B Engineering published extracts of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 in Business Standard (English Edition) and Jai Hind (Gujarati Edition) on May 13, 2026. The intimation was signed by Chirag H. Patel, Joint Managing Director, and has also been uploaded on the company's website at https://www.mbel.in/investors .

Trading Window Closure

In line with the company's Code of Conduct for prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for designated persons of the company remained closed. As previously intimated to the exchanges via a letter dated March 24, 2026, the Trading Window was to continue closed until 48 hours after the declaration of financial results for the year ended March 31, 2026.

About M&B Engineering

Founded in 1981, M&B Engineering Ltd. is one of India's leading Pre-Engineered Buildings (PEBs) players offering comprehensive turnkey solutions, with a track record of over 24 years. The company operates through two core divisions — Phenix Construction Technologies (Phenix) and Proflex Roofing Solutions (Proflex) — with strategically located manufacturing facilities at Sanand (Gujarat) and Cheyyar (Tamil Nadu) for PEBs, and 15 mobile manufacturing units for self-supported roofing systems. As of March 31, 2026, the company has successfully executed over 10,200 projects across these divisions, having served customers in 23 countries including the US, Canada, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya, and Seychelles.