Slide 1: Regulation 30 intimation letter to stock exchanges
M&B Engineering Ltd. Registered Office: ‘MB House', 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380 014, Gujarat, India CIN: L45200GJ1981PLC004437 I T: +91 79 2640 5563/ 2646 1314 | E: info@mbphenix.com / info@mbproflex.com 11th November, 2025 To, To National Stock Exchange of India
Slide 2: Earnings Presentation – Q2 and H1 2026
M&B Engineering Limited Earnings Presentation – Q2 and H1 2026
Slide 3: Disclaimer/ Safe Harbor
Disclaimer/ Safe Harbor Cautionary statement regarding forward-looking statements • This presentation may contain certain forward-looking statements relating to M & B Engineering Limited (“MBEL”, or “Company””) and its future business, development and economic performance. These statements include d
Slide 4: Quarter 2 Highlights, Business Update, Use of IPO Proceeds
Quarter 2 Highlights 01 Business Update 02 Summary on use of IPO Proceeds 03 Company Overview 04
Slide 5: Revenue, EBITDA and PAT trends
Revenue - Proflex Revenue - Phenix Revenue - Total 30,000 35,000 6,317 30,685 6,142 24,368 30,000 25,000 25,000 23,765 4,026 20,000 17,623 20,658 16,631 20,000 15,000 15,000 10,000 10,000 5,000 5,000 - - Q2 - 25 Q1 - 26 Q2 - 26 Q2 - 25 Q1 - 26 Q2 - 26 Q2 - 25 Q1 - 26 Q2 - 26 EBITDA PAT 4,000 3,368 3
Slide 6: Order Intake and Order Book
Consolidated Order Book - Rs. 93056 Lacs 12,239 22,705 Order Intake : Rs in Lacs Q 1 - 26 Q 2 - 26 H1 -26 FY 24-25 Profllex 8,082 8,095 16,176 26,092 Phenix - Export 1,735 5,351 7,086 12,309 58,113 Phenix - Domestic 17,946 26,011 43,957 81,678 Proflex Phenix - Domestic Phenix - Exports Phenix 19,680
Slide 7: Consolidated Profit and Loss statement
Rs in Lacs Particulars Q 2 - 26 Q 2 - 25 H 1 - 26 H 1 - 25 FY 24- 25 REVENUE : Revenue from Operations 30,685.35 20,657.54 54,450.58 34,679.13 98,855.43 Other Income 232.58 196.16 653.13 493.65 833.48 TOTAL REVENUE 30,917.93 20,853.70 55,103.71 35,172.78 99,688.91 EXPENSES : Cost of Material Consume
Slide 8: Other Income breakdown
Rs. In Lacs Particulars Q2 – 26 Q2– 25 25-26 H1 24-25 H1 FY 25 Operating Other Income Interest Income From Bank FDs 70.19 45.06 174.35 128.01 467.37 Export Incentives & Other Operative Income 70.16 58.83 332.19 75.33 53.92 Total – Other Operating Income 140.35 103.89 506.54 203.34 521.29 Non-Operati
Slide 9: Management commentary on Q2 FY2026 results
1. The consolidated revenue of the Company has grown by 49% in Q2 FY 2026 and 57% in H1 FY 2026 on a Y-O-Y basis. 2. The Proflex Division revenues have grown by 57% in Q2 FY 2026 and 45% in H1 FY 2026 on a Y-O-Y basis whereas the Phenix (PEB) Division revenues have grown by 47% in Q2 FY 2026 and 61%
Slide 10: Inventories, receivables and working capital cycle
Rs. In Lacs Sr No Particulars H - 1 25-26 FY 24- 25 1 Inventories a. Raw Materials - Amount 24,135 28,070 No of Days 80 104 b. Semi Finished Goods- Amount 1,180 1,004 No of Days 4 4 c. Finished Goods- Amount 4,395 1,262 No of Days 15 5 d. Stores & Spares and Packing Materials 2,157 1,901 No of Days
Slide 11: Utilisation of IPO Proceeds
Rs in Lacs Utilisation of IPO Proceeds : Particulars Amount Total IPO Proceeds 27,500 Less : IPO Expenses 1,587 Net Proceeds as per prospectus 25,913 Less : IPO Expenses (Excess contingencies hold) - Net Proceeds available 25,913 Amt as proposed in Particulars offer document Amount utilised Unutilis
Slide 12: Company Overview
M3. ENGINEERING Company Overview
Slide 13: M&B Engineering | Background
M&B Engineering | Background One of India’s leading Pre-Engineered Buildings (PEBs)^ players offering comprehensive turnkey solutions, with a track record of over 23 years Integrated manufacturing partner providing ‘design-led-manufacturing’ solutions to the customers, through strategically located
Slide 14: M&B Engineering – Divisions
M&B Engineering – Divisions 1 2 Comprehensive solutions for PEBs and complex structural steel components Self supported steel roofing solutions • Pre-Engineered Buildings are steel structures that are fabricated in the factories in a controlled • Structural stability is provided through arch environ
Slide 15: PEB market in India to log 9.5-10.5% CAGR
1 PEB market in India to log 9.5-10.5% CAGR between Fiscals 2025 and 2030 to INR 330-345 Bn Large, organised players grow at faster clip than M&B Engineering registered a CAGR of 38.0% in OPBDIT and 67.3% in overall pre-engineered steel building industry PAT between fiscals 2022 and 2024 Global PEB
Slide 16: Marquee Projects executed under Phenix
1 Marquee Projects executed under Phenix Over 62,000 sq. m. PEB installation for Over 285,000 sq. m. PEB installation Over 125,000 sq. m. PEB installation the automobile manufacturing plant for a textile plant for a major textile for a multinational home appliance of a global automobile manufacturer
Slide 17: In-house design & engineering capabilities
1 In-house design & engineering capabilities • Conceptualize and manufacture complex, custom-designed structures that meet specific client requirements with precision Dedicated design and engineering in-house team of 98 employees as on March 31, 2025 who create 3D • Focus on upgrading processes and
Slide 18: Strategically located manufacturing facilities
1 Strategically located manufacturing facilities Certifications Sanand Facility (2008) 72,000 MTPA Installed Capacity* Only PEB manufacturing facility in India with a certification from AISC# Manufacturing Facility Design and engineering offices Cheyyar Facility (2024) 31,800 MTPA Installed Capacity
Slide 19: Proflex Division operates a fleet of mobile manufacturing units
2 Proflex Division operates a fleet of 14 mobile manufacturing units M&B Engineering Ltd is the largest player in terms of revenue Global Self Supported Roofing for the manufacturing Allows M&B and toinstallation address the of self-supported customers insteel a wide Market (in USD Mn)# roofing solu
Slide 20: Marquee Projects executed under Proflex
2 Marquee Projects executed under Proflex Self-supported roofing structure Self-supported roofing structure for a major Indian milk co- for a major Indian sugar company operative society at Anand Gujarat at Rajpura, Uttar Pradesh Over 300 projects in the railway sector with cumulative installation o
Slide 21: Business footprint spans across geographies
Business footprint spans across geographies Manufactured products and supplied services to domestic customers and overseas customers including from US, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya and Seychelles Since Fiscal 2010, In Fiscal 2025, Revenue from Domestic presence is
Slide 22: Relationships with customers across a diverse set of industries
Relationships with customers across a diverse set of industries Select Customers Served more than 2,000 customer groups from across diverse industries in Fiscal 2025, Relationship of >15 years with some customers Fiscal 2024 and Fiscal 2023 Tata Advanced Systems Limited History of high customer rete
Slide 23: Summary of key growth drivers for the divisions
Summary of key growth drivers for the divisions 1 2 • Low penetration of PEB in the • Industrial capex are expected to • Growth in industrial warehousing building sector reach – INR 7.1 Tn by Fiscal 2030, demand marking an average annual increase • Increased focus on renewable of 1.6x • Government f
Slide 24: Key Strategies going forward
Key Strategies going forward Leverage leading position in the domestic PEB market to capitalize on the growth expected in the industry and continue to 1 strengthen and consolidate presence in the self-supported steel roofing market in India Augment manufacturing facilities in Phenix Division to bett
Slide 25: Thank You
M3 ENGINEERING THANK YOU
Slide 26: M&B Engineering Ltd. contact details
M&B ENGINEERING LTD. MB House, 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380014, Gujarat, India. +91 90990 02244 | +91 79 264 05563 INFO@MBPHENIX.COM, WEB: WWW.MBPHENIX.COM, WWW.MBPROFLEX.COM