McNally Bharat

Kolkata, India Founded: 1961 • Age: 65 yrs Listed
Engineering consulting services are provided across various sectors in India.

About McNally Bharat

McNally Bharat is a publicly listed company based in Kolkata (India) founded in 1961. Engineering consulting services are provided across various sectors in India. Its Indian entity Mcnally Bharat Engg Co Ltd reported revenue of ₹3,966 Cr. McNally Bharat offers products and services including Power Projects and Cement Plants. Its focus areas include Business Services, Engineering Consulting and Horizontal.

Company details

McNally Bharat was established in 1961 in Kolkata, India, as a provider of engineering consulting services. Expertise is offered in project management, design, and implementation for industries including power, steel, and infrastructure. Operations are centered in India, with services extending to feasibility studies, procurement assistance, and construction supervision. The company maintains a focus on technical advisory roles for industrial and civil engineering projects throughout its operational geography.

  • Headquarters Kolkata, India
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website mcnallybharat.com
  • Social LinkedIn X
  • Legal Name Mcnally Bharat Engineering Co. Ltd.
Key Metrics
  • Market Cap
    ₹1,122 Cr

    MBECL · NSE

  • Share Price
    ₹330.00

    -1.99% today

  • Revenue
    ₹73.51 Cr

    FY 2025-26 · -30.0% YoY

  • EBITDA
    −₹220 Cr

    Margin -299.8%

  • Net Profit
    −₹442 Cr

    FY 2025-26 · +74.2% YoY

Products & Services of McNally Bharat

McNally Bharat offers a comprehensive portfolio of products and services, including Power Projects and Cement Plants.

Power Projects
Engineering Services

Turnkey solutions for power projects are provided, including balance of plant and material handling in thermal power stations.

Cement Plants
Construction Services

Turnkey execution of cement plants is offered, covering engineering, procurement, and construction aspects.

Board of directors of Mcnally Bharat Engg Co Ltd (McNally Bharat)

Mcnally Bharat Engg Co Ltd is the primary company behind McNally Bharat. The board of Mcnally Bharat Engg Co Ltd currently have 7 directors; the longest-serving is Partha Sarathi Bhattacharyya, appointed in 2025. 34 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Partha Sarathi Bhattacharyya
DIN 00329479
Director06 Jan 20251 yr 9 moMcnally Bharat Engg Co Ltd
Pradip Kumar Bishnoi
DIN 00732640
Director06 Jan 20251 yr 9 moMcnally Bharat Engg Co Ltd
Anil Kumar Jha
DIN 03590871
Director06 Jan 20251 yr 9 moMcnally Bharat Engg Co Ltd
Anuradha Gupta
DIN 06658142
Director14 Feb 20251 yr 8 moMcnally Bharat Engg Co Ltd
Poonam Singhania
DIN 11307969
Director01 Oct 20251 yr 1 moMcnally Bharat Engg Co Ltd
Mehar Chand Thakur
DIN 08648033
Director22 Oct 20251 yrMcnally Bharat Engg Co Ltd
Debidas Datta
DIN 00229856
Director01 Dec 202511 moMcnally Bharat Engg Co Ltd

People of McNally Bharat

11 people are tracked at McNally Bharat (5 in leadership, 6 in team).

NameRoleGroup
Asis Bhattacharya
President – Construction, Electrical & SolarLeadership
Aseem Srivastav
Whole Time Director & CEO, McNally Sayaji Engineering Ltd.Leadership
A.K. Nandi
President, Marketing & Business DevelopmentLeadership
Pranab Chakraborty
Executive Vice President & SBU HeadLeadership
Awadhesh Kumar Singh
Senior Vice President SCMLeadership
Joydeep Biswas
Project ManagerTeam
Chiranjib Banerjee
Manager Finance & AccountsTeam
Sk Nazrul Islam
Planning & Quantity SurveyTeam
Prolay Biswas
Project ManagerTeam
Monojit Mukherjee
Business Development And Project ManagementTeam
Tarun Samanta
Asst. Manager- Construction(power Ash)Team
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Complete people profiles for McNally Bharat

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of McNally Bharat

McNally Bharat is a publicly listed company on the NSE with ticker symbol MBECL in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Oct 2006
  • Listed onNSE: MBECL
  • Listed entityMcNally Bharat Engineering Co. Ltd.
  • Exchange sectorIndustrial services
  • ISININE748A01024
  • Share price₹437.60 (-1.99% on the day) · 2026-10-14
  • Market capitalisation₹1,488 Cr
  • Price to earnings0.4
  • EPS (diluted, trailing year)₹1,096.36
  • Volume (last session)80

Financials of McNally Bharat

Exchange-reported figures of Mcnally Bharat Engg Co Ltd, the listed company behind McNally Bharat (NSE: MBECL).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹73.51 Cr
-30.0% YoY
EBITDA
−₹220 Cr
+74.4% YoY
Profit After Tax
−₹442 Cr
+74.2% YoY
Net Worth
₹571 Cr
+109.7% YoY
Total Assets
₹671 Cr
+124.0% YoY
Total Debt
₹98.24 Cr
-96.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue73.51105168381424502730
Revenue growth-30.0%-37.5%-55.9%-10.3%-15.4%-31.3%-
EBITDA(220)(860)(86.15)(418)(116)5.97(313)
EBITDA margin-299.8%-819.2%-51.3%-109.8%-27.4%+1.2%-42.9%
Profit before tax3,447(1,716)(883)(2,201)(121)(43.50)(388)
Net profit(442)(1,714)(883)(2,295)(82.59)(44.71)(386)
Net profit margin-601.1%-1631.9%-525.4%-602.6%-19.5%-8.9%-52.9%
EPS (₹)1,034.87(514.83)(41.74)(107.32)(5.32)(2.11)(18.26)
Balance sheet
Total assets671(2,794)(1,098)(217)2,2512,3662,455
Net worth571(5,891)(4,207)(3,325)(173)(47.25)8.00
Total debt98.243,0953,1073,1062,4052,3852,397
Cash & bank5.8421.0720.6930.2346.1841.8925.83
Net working capital145(3,328)(1,637)(758)1,4941,5851,660
Cash flow
Cash from operations42.40(16.54)(13.00)10.00(7.15)62.85(187)
Cash from investing16.66(14.98)(0.84)(30.48)47.371.7047.21
Cash from financing(57.58)16.331.165.58(33.43)(48.31)120
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.0515.2324.9218.4514.9230.3821.5426.92
Revenue growth (YoY)+0.9%-49.9%+15.7%-31.5%-43.0%---
Other income0.150.04(0.02)3,9190.04(63.88)7.137.97
EBITDA(21.80)(59.03)(60.09)(111)(16.79)(801)(53.20)(6.63)
EBITDA margin-144.9%-387.6%-241.1%-602.3%-112.5%-2636.1%-247.0%-24.6%
Depreciation0.410.570.610.630.660.720.800.80
Interest3.2311.780.50(2.72)213134230221
Profit before tax(25.29)(71.34)(61.22)3,810(230)(999)(277)(220)
Tax0.00(2.22)0.000.000.000.000.000.00
Net profit(25.29)(69.12)(61.22)3,810(230)(999)(277)(220)
EPS (₹)(7.58)(20.74)(18.37)1,143.05(69.08)(51.63)(13.06)(10.39)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue73.51105168228253333568
Revenue growth-29.9%-37.4%-26.6%-9.7%-24.1%-41.4%-
EBITDA(218)(860)(86.24)(563)(75.32)(9.53)(312)
EBITDA margin-296.2%-820.0%-51.5%-246.7%-29.8%-2.9%-54.9%
Profit before tax3,450(1,716)(883)(2,471)(77.14)(50.05)(381)
Net profit(439)(1,714)(883)(2,214)(77.95)(50.05)(381)
Net profit margin-597.5%-1633.4%-527.0%-969.7%-30.9%-15.0%-67.1%
EPS (₹)1,035.66(514.83)(41.75)(116.80)(3.65)(2.36)(18.00)
Balance sheet
Total assets669(2,794)(1,098)(162)2,2212,3002,326
Net worth571(5,892)(4,208)(3,326)(16.39)73.81136
Total debt97.093,0973,1083,1612,2352,2022,166
Cash & bank5.6820.5820.3229.6024.1227.8117.69
Net working capital144(3,328)(1,636)(703)1,4971,5531,572
Cash flow
Cash from operations42.67(17.25)(12.72)(3.07)(14.18)38.51(199)
Cash from investing16.71(14.98)(0.85)0.9539.441.4749.23
Cash from financing(57.58)16.911.167.48(28.36)(29.37)131
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.0515.2324.9118.4414.9330.2721.5426.92
Revenue growth (YoY)+0.8%-49.7%+15.7%-31.5%-43.0%---
Other income0.160.05(0.02)3,9190.04(63.88)7.137.98
Total expenses36.8471.6385.0113031.7183174.7433.55
EBITDA(21.79)(56.40)(60.10)(111)(16.78)(801)(53.20)(6.63)
EBITDA margin-145.0%-371.1%-242.2%-605.7%-113.5%-2645.7%-247.0%-24.6%
Depreciation0.410.570.610.630.660.720.800.80
Interest3.2311.780.50(2.72)213134230221
Profit before tax(25.27)(68.70)(61.23)3,810(230)(999)(277)(220)
Tax0.00(2.22)0.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.0515.2324.9218.4514.9230.3821.5426.92
Revenue growth (YoY)+0.9%-49.9%+15.7%-31.5%-43.0%---
Other income0.150.04(0.02)3,9190.04(63.88)7.137.97
EBITDA(21.80)(59.03)(60.09)(111)(16.79)(801)(53.20)(6.63)
EBITDA margin-144.9%-387.6%-241.1%-602.3%-112.5%-2636.1%-247.0%-24.6%
Depreciation0.410.570.610.630.660.720.800.80
Interest3.2311.780.50(2.72)213134230221
Profit before tax(25.29)(71.34)(61.22)3,810(230)(999)(277)(220)
Tax0.00(2.22)0.000.000.000.000.000.00
Net profit(25.29)(69.12)(61.22)3,810(230)(999)(277)(220)
EPS (₹)(7.58)(20.74)(18.37)1,143.05(69.08)(51.63)(13.06)(10.39)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue73.51105168381424502730
Revenue growth-30.0%-37.5%-55.9%-10.3%-15.4%-31.3%-
Other income3,8930.9047.4017671.2030.3462.13
Total expenses2949652547995414961,043
Employee cost0.0025.1129.6262.8071.8375.64103
EBITDA(220)(860)(86.15)(418)(116)5.97(313)
EBITDA margin-299.8%-819.2%-51.3%-109.8%-27.4%+1.2%-42.9%
Depreciation2.472.973.2110.0512.7216.2518.11
Interest2228548411,94962.9163.56118
Profit before tax3,447(1,716)(883)(2,201)(121)(43.50)(388)
Tax(2.22)0.000.0262.14(0.22)0.00(0.25)
Net profit(442)(1,714)(883)(2,295)(82.59)(44.71)(386)
Net profit margin-601.1%-1631.9%-525.4%-602.6%-19.5%-8.9%-52.9%
EPS (₹)1,034.87(514.83)(41.74)(107.32)(5.32)(2.11)(18.26)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital33.3333.33212212212212212
Reserves & surplus537(5,925)(4,419)(3,536)(385)(259)(204)
Shareholders' funds (net worth)571(5,891)(4,207)(3,325)(173)(47.25)8.00
Minority interest0.000.000.000.0012.3220.2018.95
Secured loans0.001,9552,0252,0222,1872,1252,156
Unsecured loans98.241,1411,0821,083219260240
Total debt98.243,0953,1073,1062,4052,3852,397
Total liabilities671(2,794)(1,098)(217)2,2512,3662,455
Assets
Gross block52.00110109109392414411
Net block6.4515.1815.1618.25154183199
Capital work in progress0.000.004.634.634.834.844.82
Investments1.311.311.261.151.181.210.93
Inventories0.000.220.370.7554.6694.49113
Sundry debtors1663397427539931,0871,434
Cash & bank balances5.8421.0720.6930.2346.1841.8925.83
Loans & advances127276697772848793720
Total current assets2996371,4611,5561,9412,0172,293
Total current liabilities1533,9653,0982,314447432632
Net working capital145(3,328)(1,637)(758)1,4941,5851,660
Total assets671(2,794)(1,098)(217)2,2512,3662,455
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.2517.4430.1245.0238.2321.9941.21
Net cash from operating activities42.40(16.54)(13.00)10.00(7.15)62.85(187)
Net cash from investing activities16.66(14.98)(0.84)(30.48)47.371.7047.21
Net cash from financing activities(57.58)16.331.165.58(33.43)(48.31)120
Net change in cash1.47(15.19)(12.68)(14.90)6.7916.25(19.22)
Closing cash5.8421.0720.6930.2346.1841.8925.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-30.0%-37.5%-55.9%-10.3%-15.4%-31.3%-
EBITDA growth+74.4%-898.6%+79.4%-259.2%-2048.6%+101.9%-
PBT growth+9998.0%-94.3%+59.9%-1722.7%-177.6%+88.8%+51.6%
Net income growth+74.2%-94.0%+61.5%-2678.2%-84.7%+88.4%-
Revenue CAGR (3Y)-42.2%-37.2%-30.5%-19.5%-37.5%-33.2%-30.5%
EBITDA CAGR (3Y)-19.2%+94.8%-+10.1%-38.2%--4.1%
Profitability & leverage
Net income margin+4692.6%-1634.1%-525.4%-594.3%-28.4%-8.7%-53.1%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.000.000.0026.56
Long-term debt / equity-0.000.000.000.000.000.44
Interest cover-99.82-98.89-941.37-455.48-48.75-618.29-35.71
Efficiency & per share
Fixed asset turnover-0.961.551.521.051.221.81
Inventory turnover-356.00300.2013.745.694.834.97
Debtors turnover-0.190.220.440.410.400.46
EPS (₹)1,034.87(514.83)(41.74)(107.32)(5.32)(2.11)(18.26)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(1,767.43)(198.86)(157.15)(8.18)(2.23)0.38
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.0515.2324.9118.4414.9330.2721.5426.92
Revenue growth (YoY)+0.8%-49.7%+15.7%-31.5%-43.0%---
Other income0.160.05(0.02)3,9190.04(63.88)7.137.98
Total expenses36.8471.6385.0113031.7183174.7433.55
EBITDA(21.79)(56.40)(60.10)(111)(16.78)(801)(53.20)(6.63)
EBITDA margin-145.0%-371.1%-242.2%-605.7%-113.5%-2645.7%-247.0%-24.6%
Depreciation0.410.570.610.630.660.720.800.80
Interest3.2311.780.50(2.72)213134230221
Profit before tax(25.27)(68.70)(61.23)3,810(230)(999)(277)(220)
Tax0.00(2.22)0.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue73.51105168228253333568
Revenue growth-29.9%-37.4%-26.6%-9.7%-24.1%-41.4%-
Other income3,8930.9147.3941.7962.8625.8951.48
Total expenses291965254791328342879
Employee cost0.0025.1129.6237.8044.0745.6071.31
EBITDA(218)(860)(86.24)(563)(75.32)(9.53)(312)
EBITDA margin-296.2%-820.0%-51.5%-246.7%-29.8%-2.9%-54.9%
Depreciation2.472.973.213.976.096.7410.05
Interest2228548411,94658.5959.67111
Profit before tax3,450(1,716)(883)(2,471)(77.14)(50.05)(381)
Tax(2.22)0.000.000.000.000.000.00
Net profit(439)(1,714)(883)(2,214)(77.95)(50.05)(381)
Net profit margin-597.5%-1633.4%-527.0%-969.7%-30.9%-15.0%-67.1%
EPS (₹)1,035.66(514.83)(41.75)(116.80)(3.65)(2.36)(18.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital33.3333.33212212212212212
Reserves & surplus537(5,926)(4,420)(3,537)(228)(138)(75.73)
Shareholders' funds (net worth)571(5,892)(4,208)(3,326)(16.39)73.81136
Secured loans0.001,9552,0252,0772,0672,0501,974
Unsecured loans97.091,1421,0831,084168152193
Total debt97.093,0973,1083,1612,2352,2022,166
Total liabilities669(2,794)(1,098)(162)2,2212,3002,326
Assets
Gross block52.00110109109109130132
Net block6.4515.1815.1618.2522.1245.2452.08
Capital work in progress0.000.004.634.634.634.634.62
Investments1.411.411.361.25181181180
Inventories0.000.220.370.751.662.935.27
Sundry debtors1663397427529561,0521,385
Cash & bank balances5.6820.5820.3229.6024.1227.8117.69
Loans & advances127275696771846813743
Total current assets2986351,4591,5541,8271,8962,151
Total current liabilities1543,9623,0952,257330343579
Net working capital144(3,328)(1,636)(703)1,4971,5531,572
Total assets669(2,794)(1,098)(162)2,2212,3002,326
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.7617.0729.4824.1227.2316.6135.45
Net cash from operating activities42.67(17.25)(12.72)(3.07)(14.18)38.51(199)
Net cash from investing activities16.71(14.98)(0.85)0.9539.441.4749.23
Net cash from financing activities(57.58)16.911.167.48(28.36)(29.37)131
Net change in cash1.80(15.31)(12.41)5.36(3.10)10.62(18.84)
Closing cash5.6820.5820.3229.6024.1227.8117.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-29.9%-37.4%-26.6%-9.7%-24.1%-41.4%-
EBITDA growth+74.7%-897.6%+84.7%-647.6%-690.4%+96.9%-
PBT growth+9998.0%-94.3%+64.3%-3103.5%-54.1%+86.9%+18.3%
Net income growth+74.4%-94.0%+60.1%-2739.7%-55.7%+86.9%-
Revenue CAGR (3Y)-31.5%-25.4%-20.4%-26.2%-45.0%-38.5%-33.2%
EBITDA CAGR (3Y)-27.2%+125.2%+108.4%+21.8%-36.4%-61.6%-8.6%
Profitability & leverage
Net income margin+4696.2%-1635.6%-527.0%-1082.5%-30.5%-15.0%-67.1%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.0077.2620.836.23
Long-term debt / equity-0.000.000.000.000.020.02
Interest cover-101.02-98.89-940.42-343.17-71.97-366.75-34.39
Efficiency & per share
Fixed asset turnover-0.961.542.102.112.544.62
Inventory turnover-355.66299.30189.44110.1181.1714.48
Debtors turnover-0.190.220.270.250.270.37
EPS (₹)1,035.66(514.83)(41.75)(116.80)(3.65)(2.36)(18.00)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(1,767.68)(198.90)(157.18)(0.77)3.496.42

Web traffic of McNally Bharat

The website of McNally Bharat (mcnallybharat.com) receives about 1.5K visits a month.

  • Monthly visits
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    ▼ 37% vs previous month

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Top companies in Engineering & R&D Services

3 companies that operate in the same segment as McNally Bharat (Engineering & R&D Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of digital engineering and technology services
1991Hyderabad, Telangana, IndiaUSD 793.55 M11,884
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1993Pune, Maharashtra, IndiaUSD 16 MUSD 36.53 M1,429
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1996Ahmedabad, Gujarat, India
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Frequently Asked Questions about McNally Bharat

McNally Bharat was founded in 1961.

McNally Bharat is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

The primary company behind McNally Bharat, Mcnally Bharat Engg Co Ltd, reported revenue of ₹3,966 Cr for FY 2026, down 30% year on year.

McNally Bharat was established in 1961 in Kolkata, India, as a provider of engineering consulting services. Expertise is offered in project management, design, and implementation for industries including power, steel, and infrastructure. Operations are centered in India, with services extending to feasibility studies, procurement assistance, and construction supervision. The company maintains a focus on technical advisory roles for industrial and civil engineering projects throughout its operational geography.

McNally Bharat offers Power Projects and Cement Plants.

Yes, McNally Bharat is publicly traded on NSE under the ticker symbol MBECL.

McNally Bharat operates through Mcnally Bharat Engg Co Ltd.

The legal entities of McNally Bharat currently have 10 directors, including Debidas Datta, Mehar Chand Thakur, Poonam Singhania and others.

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