M&B Engineering Lands ₹63 Cr Indian, $7.5M US Orders; Backlog Hits ₹930 Cr
Overview
M&B Engineering Ltd has secured significant contracts totaling over ₹130 crore, comprising a ₹63.50 crore domestic order for Pre-Engineered Buildings (PEB) and structural steel, alongside a $7.53 million export deal in the U.S. These wins bolster the company's order book to ₹930.56 crore. Despite consistent profitability and impressive profit growth, the company has not issued dividends to shareholders.
New Contracts Bolster Order Book
M&B Engineering Ltd announced on Friday the successful acquisition of two substantial contracts, significantly enhancing its project pipeline. The company, along with its subsidiary Phenix Building Solutions Private Limited, clinched a domestic deal valued at ₹63.50 crore plus GST. This contract mandates the design, engineering, manufacturing, and supply of Pre-Engineered Buildings (PEB) and structural steel, with an additional erection component worth ₹12.34 crore. Project execution is slated for an 8.5-month period under standard commercial terms.
Global Reach Expanded
Adding to its domestic success, M&B Engineering Ltd, through its U.S.-based wholly-owned subsidiary Phenix Construction Technologies INC., secured an export order totaling USD 7.53 Million, approximately ₹67.12 crore. This international agreement also covers the design, engineering, manufacturing, and supply of PEB and structural steel for a confidential client in the United States. The international project has a compressed execution timeline of just 3.5 months and includes a 30% advance payment.
Financial Snapshot and Dividend Policy
These new orders contribute to M&B Engineering Ltd's impressive order book, which stood at ₹930.56 crore as of September 30, 2025. The company, a leader in design-led engineering for PEBs and roofing solutions since 1981, reported a market capitalization of ₹2,028 crore. It boasts strong financial metrics, including a Price-to-Earnings (PE) ratio of 27x, a Return on Equity (ROE) of 29 percent, and a Return on Capital Employed (ROCE) of 26 percent. Notably, despite achieving a robust 48 percent CAGR in profit growth over the past five years, M&B Engineering Ltd has maintained a policy of not distributing dividends to its shareholders.
