M & B Engineering Limited · NSE:MBEL
M & B Engineering — Q1 FY2026 Earnings Presentation
26 slides from M & B Engineering's earnings presentation, Aug 25, 2025
Slide 1: Cover letter to stock exchanges
ENGINEERING M&B Engineering Ltd. Registered Office: ‘MB House', 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380 014, Gujarat, India CIN: U45200GJ1981PLC004437 I T: +91 79 2640 5563/ 2646 1314 | E: info@mbphenix.com / info@mbproflex.com 25th August, 2025 To, To National Stock Exchang
Slide 2: Earnings Presentation – Quarter Ended Jun 2025
M&B Engineering Limited Earnings Presentation – Quarter Ended Jun 2025
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: Agenda
Quarter 1 Highlights 01 Business Update 02 Summary on use of IPO Proceeds 03 Company Overview 04
Slide 5: Revenue, EBITDA and PAT
Revenue - Proflex Revenue - Phenix 23,691 Revenue - Total 7,673 31,364 6,142 17,623 4,583 23,765 9,439 14,022 Q1 - 26 Q1 - 25 Q4 - 25 Q1 - 26 Q1 - 25 Q4 - 25 Q1 - 26 Q1 - 25 Q4 - 25 EBITDA PAT 5,000 16.00% 3,000 2,852 10.00% 14.17% 9.09% 4,500 4,392 14.00% 9.00% 14.00% 2,500 7.55% 8.00% 4,000 12.00%
Slide 6: Consolidated Order Book
Consolidated Order Book – Rs 84,284 Lacs 12,267 20,927 51,090 Proflex Phenix - Domestic Phenix - Exports Phenix Sector Wise Order Book - Rs 63,357 Lacs Proflex Sector Wise Order Book – Rs. 20927 Lacs 1% 10% 17% 45% 43% 54% 30% Industry Infra Others Warehousing Industry Railways Others
Slide 7: Management commentary on Q1 FY2026 performance
1. The company has reported a robust 69% growth in revenue from operations, and a strong growth in EBITDA and PAT in Q1 FY 2026 over Q1 FY 2025. 2. On a sequential basis, as per the past trend Q4/H2 revenues are generally higher than Q1/H1 revenues – with average split between H1 and H2 revenue gene
Slide 8: Consolidated profit and loss statement
Rs in Lacs Particulars Q1 - 26 Q1 – 25 Q4 - 25 FY 25 REVENUE : Revenue from Operations 23,765.23 14,021.59 31,364.39 98,855.43 Other Income 420.55 297.49 235.33 833.48 TOTAL REVENUE 24,185.78 14,319.08 31,599.72 99,688.91 EXPENSES : Cost of Material Consumed net of change in Inventories (COGS) 15,92
Slide 9: Other income and sales details
Rs. In Lacs Particulars Q1 - 26 Q1 – 25 Q4 - 25 FY 25 Operating Other Income Interest Income From Bank FDs 104.16 82.95 123.47 467.37 Export Incentives & Other Operative Income 262.03 16.50 8.03 53.92 Total – Other Operating Income 366.19 99.45 131.50 521.29 Non-Operating Other Income Interest / Div
Slide 10: Working capital cycle
Rs. In Lacs Sr No Particulars Q 1 - 26 Q 1 - 25 FY 25 1 Inventories a. Raw Materials - Amount 22,366 18,239 28,070 No of Days 85 117 104 b. Semi Finished Goods- Amount 1,482 673 1,004 No of Days 6 4 4 c. Finished Goods- Amount 2,681 2,410 1,262 No of Days 10 15 5 d. Stores & Spares and Packing Mater
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
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 design
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 andtoinstallation address the of self-supported customers in steel 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 reach • Growth in industrial warehousing building sector – INR 7.1 Tn by Fiscal 2030, marking an demand average annual increase of 1.6x • Increased focus on renewable energy • Gover
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
M:3 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