Rs 930.56 crore order backlog: M & B Engineering secures an order worth Rs 63.50 crore

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Rs 930.56 crore order backlog: M & B Engineering secures an order worth Rs 63.50 crore

Despite delivering an impressive profit growth of 48 per cent CAGR over the last five years, M&B Engineering Ltd has not paid out any dividends to shareholders, notwithstanding its consistent profitability.

M&B Engineering Ltd, along with its wholly-owned subsidiary Phenix Building Solutions Private Limited, has secured a significant domestic contract valued at Rs 63.50 crore plus GST for the design, engineering, manufacturing, and supply of Pre-Engineered Buildings (PEB) and structural steel. The project, which includes an erection component worth Rs 12.34 crore, is scheduled for execution over an 8.5-month period under standard commercial terms. While the specific customer remains confidential, this sizable order from a domestic entity reinforces the company's strong position in the industrial infrastructure sector.

Earlier, the company had secured a sizable export order through its wholly-owned subsidiary, Phenix Construction Technologies INC., USA, valued at USD 7.53 Million (approximately Rs 67.12 crore). This international contract involves the design, engineering, manufacturing, and supply of Pre-Engineered Buildings and structural steel for a confidential customer in the United States. The project features a rapid execution timeline of 3.5 months and includes a 30% advance alongside other standard commercial terms

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About the Company

Established in 1981, M&B Engineering Ltd is a leading Indian design-led engineering firm specialising in Pre-Engineered Buildings (PEBs) and advanced roofing solutions. The company operates through two major arms: the Phenix Division, which provides end-to-end structural steel engineering for industrial projects like bridges and power plants, and the Proflex Division, a pioneer in self-supported steel roofing with over 7,900 completed projects across India.

The company has a market cap of Rs 2,028 crore and as of September 30, 2025, they have an Order Book of Rs 930.56 crore. The shares have a PE of 27x, an ROE of 29 per cent and an ROCE of 26 per cent. Despite delivering an impressive profit growth of 48 per cent CAGR over the last five years, M&B Engineering Ltd has not paid out any dividends to shareholders, notwithstanding its consistent profitability.

Disclaimer: The article is for informational purposes only and not investment advice.