MBL Infrastructures has reported growth in standalone net profit for the second quarter of fiscal year 2026, along with significant developments in its financial position and operational activities.

Financial Performance

MBL Infrastructures posted a standalone net profit of ₹3.32 crore in Q2 FY26, showing an improvement from ₹2.96 crore in Q1 FY26. The company's performance demonstrates a quarter-on-quarter growth in profitability.

On a consolidated basis, the company reported a profit of ₹7.65 crore, which includes exceptional gains. This figure provides a broader picture of the group's financial health, incorporating the performance of its subsidiaries.

Banking Status Improvement

A significant development for MBL Infrastructures is the restoration of its bank accounts to standard status. This improvement has resulted in ₹303.63 crore of working capital limits becoming available to the company. The restoration of standard banking status may enhance the company's operational flexibility and financial maneuvering capabilities.

Strategic Developments

Subsidiary Debt Resolution

MBL Infrastructures has implemented a resolution plan for its subsidiary MPRTCL, effectively making it debt-free. This strategic move is expected to strengthen the group's overall financial position.

Project Bidding Activity

The company has been actively participating in new project bids. MBL Infrastructures has submitted bids for projects worth ₹854.21 crore, indicating its pursuit of growth opportunities in the infrastructure sector.

Future Outlook

MBL Infrastructures has set a target to secure new orders worth ₹1,000 crore in FY26. This goal suggests the company's aim to expand its project portfolio.

Conclusion

MBL Infrastructures' Q2 FY26 results reflect improved profitability, enhanced banking status, and strategic moves to strengthen its financial position. The company's active bidding for new projects and its target for securing new orders indicate a focus on growth in the infrastructure sector.

MBL Infrastructures Ltd (MBL) has received a significant boost as its resolution plan for its wholly owned subsidiary, MBL (MP) Toll Road Company Ltd (MPTRCL), has been approved by the Adjudicating Authority. This development, announced on September 16, 2025, marks a crucial step in the company's efforts to strengthen its financial position and streamline operations.

Key Points of the Resolution Plan

• Equity Infusion: MBL will inject Rs 9.11 crores as equity into MPTRCL.
• Existing Deposit: The equity infusion includes Rs 2.00 crores already deposited as EMD (Earnest Money Deposit) and Performance Security.
• Debt Settlement: The infused amount, along with MPTRCL's existing cash balances and liquid assets as of June 30, 2025, will be used to settle all dues with Punjab National Bank (International) Ltd (PNBIL).
• Timeline: Full settlement with PNBIL is to be completed within 30 days of the plan's approval.
• Debt-Free Status: Post-settlement, all liabilities of MPTRCL will be extinguished, rendering it a debt-free company.

Impact on MPTRCL Operations

MPTRCL, which operates the Waraseoni-Lalbarra Road project in Madhya Pradesh, stands to benefit significantly from this resolution:

• Concession Agreement: The project operates under a Build-Operate-Transfer (BOT) concession agreement initiated in 2011.
• Revenue Streams: MPTRCL receives semi-annual payments of Rs 3.26 crores plus toll revenues.
• Management Control: Following the resolution plan's implementation, management control of MPTRCL will return to its Board of Directors.

Financial Implications

The approved resolution plan is expected to have positive financial implications for both MBL and MPTRCL:

1. Debt Elimination: MPTRCL will become debt-free, potentially improving its financial flexibility and profitability.
2. Future Benefits: MBL stands to gain from surplus arising out of toll fees, annuities, and receivables after maintaining MPTRCL as a going concern.

About MBL Infrastructure Ltd

MBL Infrastructure Ltd, established in 1995 and listed since 2010, is a key player in civil engineering infrastructure projects. The company's portfolio includes:

• Roads & Highways (Construction, BOT, O&M)
• Building, Housing & Urban Infrastructure
• Railways/Metro
• Other Infrastructure projects

With a pan-India presence, MBL has positioned itself as a significant contributor to the country's infrastructure development.

The approval of this resolution plan marks a strategic move for MBL Infrastructure, potentially strengthening its market position and financial health. As the infrastructure sector continues to play a crucial role in India's economic growth, such developments are likely to be closely watched by investors and industry observers alike.