Iron & Steel Products company M & B Engineering announced Q1FY27 results Consolidated Financial Highlights: Total Revenue from Operations: The consolidated revenue for Q1FY27 was Rs 29,109.92 lakh, marking a growth of 22.49% compared to Rs 23,765.23 lakh in Q1FY26 (YoY). However, it saw a decline of 19.96% compared to Rs 36,370.67 lakh in Q4FY26 (QoQ). Total Income: The company reported a total income of Rs 29,618.04 lakh in Q1FY27, up 22.46% from Rs 24,185.78 lakh in Q1FY26 (YoY) and down 19.73% from Rs 36,899.70 lakh in Q4FY26 (QoQ). Net Profit After Tax: Profit for Q1FY27 stood at Rs 2,190.15 lakh, reflecting a YoY increase of 22.03% from Rs 1,794.78 lakh. On a QoQ basis, it decreased by 18.89% from Rs 2,700.07 lakh in Q4FY26. Total Comprehensive Income: The total comprehensive income for the period was Rs 2,144.70 lakh in Q1FY27, growing 16.92% YoY from Rs 1,834.38 lakh but declining 21.62% QoQ from Rs 2,736.18 lakh. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 3.75, compared to Rs 3.59 in Q1FY26 and Rs 4.76 in Q4FY26. Standalone Financial Highlights: Total Revenue from Operations: Standalone revenue reached Rs 26,470.06 lakh in Q1FY27, an increase of 15.93% from Rs 22,832.91 lakh in Q1FY26 (YoY), while decreasing by 15.78% from Rs 31,431.08 lakh in Q4FY26 (QoQ). Total Income: Total standalone income for Q1FY27 was Rs 27,004.57 lakh, showing a growth of 16.09% YoY from Rs 23,260.82 lakh and a decline of 15.56% QoQ from Rs 31,981.94 lakh. Net Profit After Tax: Standalone PAT for Q1FY27 was Rs 1,464.31 lakh, representing a 4.03% YoY decrease from Rs 1,525.82 lakh and a 24.06% QoQ decrease from Rs 1,928.33 lakh. Total Comprehensive Income: For Q1FY27, total comprehensive income was Rs 1,422.75 lakh, compared to Rs 1,566.59 lakh in Q1FY26 and Rs 1,963.77 lakh in Q4FY26. Earnings Per Share (EPS): Standalone basic and diluted EPS was Rs 2.49 for Q1FY27, compared to Rs 3.05 in Q1FY26 and Rs 3.36 in Q4FY26. Business Highlights: Segment Performance: Phenix Division (PEB & Structural Steel): Contributed Rs 21,400 lakh (74% of total revenue) with a YoY growth of 22%. Proflex Division (Self-supported Roofing): Contributed Rs 7,700 lakh (26% of total revenue) with a YoY growth of 25%. Order Book: Total orders on hand reached Rs 1,05,300 lakh as of Q1FY27, reflecting a 25% YoY growth. The Phenix division accounts for Rs 83,700 lakh (79.5%) and the Proflex division accounts for Rs 21,600 lakh (20.5%) of the total orders. Export Performance: Export revenue stood at Rs 2,800 lakh for Q1FY27, accounting for 10% of total revenue. Export orders within the Phenix division were recorded at Rs 27,800 lakh. Capacity Expansion: The Board approved a brownfield expansion project for heavy structural steel at the Sanand plant, adding 10,000 MTPA to the existing 12,000 MTPA capacity. A Rs 3,000 lakh investment was also approved for a fully automated Heavy Structural Steel processing line at Sanand, expected to be operative by Q1FY28. Equity Allotment: The Board approved the allotment of 12,503 equity shares of face value Rs 10/- each under the 'M&B; Engineering Limited Employee Stock Option Plan 2024' (ESOP 2024). Operational Milestones: With the addition of two new mobile manufacturing units, the Proflex installed capacity has increased to 21 lakh square meters per annum. The Cheyyar plant recently received AISC certification, enabling service to the west coast of the United States. Malav Patel, Joint Managing Director, M&B; Engineering, said: "We are pleased to share that M&B; delivered a revenue growth of 22.5% YoY to Rs 291 crore, supported by healthy execution across both our Phenix and Proflex divisions. Our robust order book of Rs 1,053 crore, up 25% YoY, provides strong revenue visibility and reflects sustained demand across key end-user industries. Export momentum continues to strengthen, with export revenues reaching Rs 28 crore during the quarter and export orders accounting for Rs 278 crore of our order book." "We remain focused on building long-term capabilities while capitalizing on emerging growth opportunities. During the quarter, we advanced our expansion initiatives at Sanand and Cheyyar, while also approving investments in a fully automated Heavy Structural Steel processing line to strengthen our presence in high-growth segments such as data centers, high-rise buildings and complex industrial structures. The recent AISC certification for our Cheyyar facility further enhances our ability to serve international markets. Backed by a strong order pipeline, expanding capacities and favourable industry tailwinds, we remain confident of delivering revenue growth of over 25% in FY27 while further strengthening our leadership position across the PEB and self-supported roofing segments." Result PDF
Iron & Steel Products company M & B Engineering announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income for Q4FY26 was Rs 36,899.70 lakh, representing a growth of 3.84% QoQ from Rs 35,535.41 lakh in Q3FY26 and an increase of 16.77% YoY compared to Rs 31,599.73 lakh in Q4FY25. Revenue from operations for Q4FY26 stood at Rs 36,370.67 lakh, showing a growth of 3.47% QoQ from Rs 35,150.94 lakh and 15.96% YoY from Rs 31,364.39 lakh. Profit for the period (PAT) for Q4FY26 reached Rs 2,700.07 lakh, an increase of 5.93% QoQ from Rs 2,548.91 lakh, but a decrease of 5.31% YoY from Rs 2,851.54 lakh. For the full financial year FY26, Total Income reached Rs 1,27,538.81 lakh, a growth of 27.94% YoY from Rs 99,688.91 lakh in FY25. Annual Revenue from operations for FY26 was Rs 1,25,972.19 lakh, marking an increase of 27.43% YoY compared to Rs 98,855.43 lakh in FY25. Profit after tax for FY26 stood at Rs 9,263.58 lakh, reflecting a growth of 20.23% YoY from Rs 7,704.75 lakh in FY25. The Consolidated Total Comprehensive Income for FY26 was Rs 9,322.78 lakh compared to Rs 7,598.19 lakh in FY25. Standalone Financial Highlights: Total Income for Q4FY26 was Rs 31,981.94 lakh, up 11.77% QoQ from Rs 28,614.81 lakh in Q3FY26 and up 9.21% YoY from Rs 29,284.93 lakh in Q4FY25. Revenue from operations for Q4FY26 stood at Rs 31,431.08 lakh, showing a growth of 11.48% QoQ from Rs 28,194.54 lakh and 8.25% YoY from Rs 29,036.88 lakh. Profit after tax for Q4FY26 was Rs 1,928.33 lakh, a decrease of 25.25% QoQ from Rs 2,579.87 lakh and a decrease of 31.24% YoY from Rs 2,804.27 lakh. For the full year FY26, Standalone Total Income reached Rs 1,10,158.84 lakh, a growth of 20.01% YoY from Rs 91,791.45 lakh in FY25. Annual Standalone Profit after tax for FY26 was Rs 7,876.26 lakh, marking a growth of 6.42% YoY from Rs 7,400.75 lakh in FY25. Business Highlights: The company successfully completed its Initial Public Offer (IPO) and listed its equity shares on the National Stock Exchange of India Limited and BSE Limited on August 6, 2025. The Board of Directors has recommended a Final dividend of Rs 1/- (@ 10%) per equity share of Rs 10/- each for FY26. As on March 31, 2026, the unexecuted order book (UOB) stood at Rs 1,08,300 lakh, representing a growth of 35% YoY. Order inflows for Q4FY26 amounted to Rs 38,700 lakh (a 10% YoY increase), and for the full year FY26, new order inflows reached Rs 1,53,900 lakh (a 28% YoY increase). During FY26, the company incurred capital expenditure of Rs 3,300 lakh, primarily directed toward capacity augmentation and operational strengthening. Segment-wise Performance: The management reviews the performance of the company as a single operating segment involving manufacturing, supply, erection, and installation of Pre-Engineered Buildings, Structure Steels, and Steel Roofing. Division-wise contribution is as follows: Phenix Division: This division provides solutions for Pre-Engineered Buildings (PEBs) and complex structural steel components. It accounted for 80% of the unexecuted order book (Rs 87,100 lakh). Revenue from operations for FY26 for this division was Rs 98,500 lakh. Proflex Division: This division provides self-supported steel roofing solutions. It accounted for 20% of the unexecuted order book (Rs 21,200 lakh). Revenue from operations for FY26 for this division was Rs 27,500 lakh. Malav Patel, Jt. Managing Director, said: During Q4FY26, M&B; delivered revenue from operations of Rs 364 crore, a 16% YoY growth. During FY26, M&B; delivered revenue from operations of Rs 1260 crore, a strong 27% YoY growth. The company achieved highest ever quarterly and full year consolidated revenue. Consolidated export revenue during Q4FY26 was at Rs 45.67 crore and full year was atRs 165.62 crore,reflecting continued traction in international markets with main focus in North American Market. As on 31 Mar 2026, unexecuted order book stood at Rs 1,083 crore, representing a 35% YoY growth. Proflex division accounted for 20% (Rs 212 crore), Phenix division accounted for 80% (Rs 871 crore). Within the Phenix, export orders wereRs 279crore. During Q4FY26, Order inflows amounted to Rs 387 crore, an 10% YoY increase and in FY 26 the neworder inflow was Rs 1539 crore, an 28% YoY increase, reflecting strong bid conversion and sustaineddemand visibility. During Q4FY26, secured domestic order of value Rs 73 crore. Recently in April 2026, secured adomestic order of Rs 72 croreore, in addition to the order on hand of Rs 1083 crore as on Mar 31, 2026. During FY26, incurred capital expenditure of Rs 33 crore, primarily directed towards capacityaugmentation and operational strengthening, aligned with our medium-term growth plans. Result PDF
Iron & Steel Products company M & B Engineering announced Q3FY26 results During Q3FY26, M&B; delivered revenue from operations of Rs 352 crore, a 7% YoY growth. During Q3FY26, Order inflows amounted to Rs 480 crore, an 86 % YoY increase, reflecting strong bid conversionand sustained demand visibility. EBITDA stood at Rs 43.54 crore for Q3FY26 compared to Rs 33.60 crore for Q3FY25 EBITDA Margin stood at 12.4% for Q3FY26 compared to 10.2% for Q3FY25 PBT stood at Rs 35.76 crore for Q3FY26 compared to Rs 25.81 crore for Q3FY25 PAT stood at Rs 25.49 crore for Q3FY26 compared to Rs 17.73 crore for Q3FY25 Result PDF