MBECLIndustrials

Mcnally Bharat Engineering Company Limited

Civil Construction · ISIN INE748A01024 · BSE 532629 · NSE BE · FV ₹10
Last price
₹330
-1.99%today
What this company does

Mcnally Bharat Engineering Company Limited operates in Civil Construction, part of the Industrials sector. It booked ₹15 cr of revenue in its latest quarter (Q1 FY27) and kept -171.9% of sales as profit.

“The Company is primarily engaged in the business of construction and hence no separate disclosure has been made for segment reporting as per Ind AS 108-Operating Segments.”
In the report:
31out of 100
Equitytale Health Score
Strained

Healthier than 31% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 162–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
31

At close. Not part of the score.

Profitability & returns3

How much profit it earns on the money it employs

Balance sheet37

How much it owes, and whether earnings cover the interest

Cash quality29

Whether reported profit actually arrives as cash

Growth & consistency10

Whether sales and profit have grown, and how steadily

Valuation56

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Promoters hold 90%
✓ No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -171.9% net margin
! Low -18.1% return on equity

What if I invest in MBECL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹330▼ -1.99%
latest close · 2026-11-04
52-wk low ₹21344 sessions so far52-wk high ₹514
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.93Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-18.1%Loss
WeakFairStrong ▸15%
Return on capital-15.3%Loss
WeakFairStrong
Net margin-171.9%Loss
ThinDecentStrong
EBITDA margin-143.8%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.17Comfortable
LowModerateHigh ▸1
Interest cover-6.8×Risky
RiskyOkayStrong ▸5×
Current ratio1.20Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,100 cr
Book value
₹171
EPS
₹-7.58
latest quarter
Net debt
₹92 cr
owes more than its cash
Enterprise value
₹1,192 cr
EBITDA
₹-87 cr
annualised
EBIT
₹-88 cr
annualised
Operating margin
-146.5%
Return on assets
-12.6%
Earnings yield
—
P/S
18.27
Sales / share
₹18.1
Tax rate
—
Face value
₹10
Shares
3.3 cr
Working capital
₹50 cr
Current assets
₹299 cr
Current liabilities
₹249 cr
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹10,280–₹10,280, midpoint ₹10,280

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹15 cr
Other Income₹15.5 L
Total Income₹15 cr
Cost of Materials₹2 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹5 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹40.7 L
Other Expenses₹14 cr
Total Expenses₹25 cr
Exceptional Items₹-15 cr
Profit before Tax₹-25 cr
Tax Expense₹0 cr
Net Profit₹-25 cr
Net margin on total income-166.2%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹2 cr8.9%
Employee benefit expense₹5 cr21.3%
Finance costs₹3 cr12.8%
Depreciation & amortisation₹40.7 L1.6%
Other expenses₹14 cr55.4%
Total income ₹15 cr

The company made a net loss of ₹25 cr this quarter — income covered only ₹60 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue25 cr15 cr15 cr
Total income25 cr15 cr15 cr
Expenses86 cr60 cr25 cr
Profit before tax-61 cr-71 cr-25 cr
Tax0 cr-2 cr0 cr
Net profit (owners' share)-61 cr-69 cr-26 cr
Net margin (owners' share, on revenue)-245.7%-454.0%-171.9%
EPS (₹)-18.37-20.74-7.58
YoY (latest quarter): total income +1.6% · net profit —
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹824 cr
Shareholder equity
₹571 cr
parent shareholders
Total debt
₹96 cr
Cash
₹4 cr
Cash flow · H1 FY26
Operating
₹33 cr
Investing
₹20 cr
Financing
₹-48 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,948₹5.43 L cr26.1
Rail Vikas Nigam Limited₹184₹38,414 cr60.6
Kalpataru Projects International Limited₹1,321₹22,570 cr18.2
Cemindia Projects Limited₹1,271₹21,829 cr38.7
NBCC (India) Limited₹75₹20,320 cr33.0
IRB Infrastructure Developers Limited₹16₹19,687 cr16.3
Engineers India Limited₹289₹16,257 cr20.7
Techno Electric & Engineering Company Limited₹850₹9,887 cr26.5
Ircon International Limited₹100₹9,390 cr25.2
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
90.0%
FII / Foreign
0.0%
DII / Domestic
4.5%
Retail / others
5.4%
Promoter stake up 57.2% over the last 9 quarters.
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
(a) The audited financial statement of the Company for the financial year ended 31st March 2026, and the Reports of the Directors and the Auditors thereon and (b) the audited consolidated financial statement of the Company for the financial year ended 31st March 2026 and the Report of the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
5.24 L votes for, 2,356 against
2
To reappoint Ms. Poonam Singhania (DIN: 11307969), who retires by rotation and being eligible, offers herself for reappointment.
Backed by 100% of shareholders other than promotersneeded 50%
5.24 L votes for, 2,399 against
3
To appoint M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
5.24 L votes for, 2,397 against
4
Approval for continuation of Directorship of Mr. Mehar Chand Thakur (DIN: 08648033) as a Non-Executive Independent Director of the Company upon his attaining the age of 75 years.
Backed by 100% of shareholders other than promotersneeded 75%
5.24 L votes for, 2,411 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 90.0% between them · as of 2026-09-30
Mandal Vyapaar Private Limited90.00%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.