About M & B Engineering Limited
Data last updated: 17 February 2026
M & B Engineering Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 16 June 1981, the company has been in operation for over 45 years.
Registered with ROC Ahmedabad under CIN U45200GJ1981PLC004437. Listed.
Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹57.15 Cr. Formerly known as Manibhai and Brothers (Construction) Private Limited and M & B Engineering Private Limited. It is led by directors including Sanjay Shaileshbhai Majmudar and Malav Girishbhai Patel.
Last AGM: 15 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mb House 51 Chandrodaya Society Opp Golden Triangle Stadium Road Post Navjivan, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2025, the company reported a revenue of ₹996.89 Cr, a growth of 23% compared to the previous year.
The company has a workforce of approximately 1,484 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹629.83 Cr and satisfied charges of ₹159.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mbproflex.com.
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Registered AddressMb House 51 Chandrodaya Society Opp Golden Triangle Stadium Road Post Navjivan, Ahmedabad, Gujarat, India – 380014
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IndustryEngineering, Metal Foundry & Fabrication Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of M & B Engineering Limited
M & B Engineering Limited has undergone 2 name changes throughout its history. The company was previously known as Manibhai And Brothers (Construction) Private Limited, and M & B Engineering Private Limited. The current legal name is M & B Engineering Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| M & B Engineering Limited | Current |
| Manibhai And Brothers (Construction) Private Limited | Previous |
| M & B Engineering Private Limited | Previous |
CIN History of M & B Engineering Limited
M & B Engineering Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45200GJ1981PLC004437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200GJ1981PLC004437 | Current |
| U45200GJ1981PTC004437 | Previous |
| U45200GJ1981PLC004437 | Previous |
Business Activity of M & B Engineering Limited
M & B Engineering Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of M & B Engineering Limited
M & B Engineering Limited is audited by Talati & Talati LLP (ICAI peer reviewed, certificate valid till 2026-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Talati & Talati LLP (ICAI peer reviewed, certificate valid till 2026-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of M & B Engineering Limited
M & B Engineering Limited is currently managed by 16 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of M & B Engineering Limited FY 2026 filings available
M & B Engineering Limited reported revenue of ₹1,259.72 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹1,259.72 Cr |
| Other Income | ₹15.67 Cr |
| Total Income | ₹1,275.39 Cr |
| Cost of Materials Consumed | ₹872.23 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹26.31 Cr |
| Employee Benefit Expense | ₹110.95 Cr |
| Finance Costs | ₹17.42 Cr |
| Depreciation & Amortisation | ₹15.06 Cr |
| Other Expenses | ₹161.33 Cr |
| Total Expenses | ₹1,150.67 Cr |
| Profit Before Exceptional Items & Tax | ₹124.71 Cr |
| Exceptional Items | -₹1.15 Cr |
| Profit Before Tax | ₹123.56 Cr |
| Total Tax Expense | ₹30.93 Cr |
| Net Profit | ₹92.64 Cr |
| attributable to Owners | ₹93.23 Cr |
| attributable to NCI | ₹0 |
| Other Comprehensive Income | ₹59.2 Lakh |
| Total Comprehensive Income | ₹93.23 Cr |
| EBITDA (computed) | ₹157.19 Cr |
| Basic EPS | ₹16.94 |
| Diluted EPS | ₹16.94 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹1,160.62 Cr |
| Non-current Assets | ₹221.86 Cr |
| Current Assets | ₹938.76 Cr |
| Property, Plant & Equipment | ₹171.79 Cr |
| Inventories | ₹349.01 Cr |
| Trade Receivables | ₹239.14 Cr |
| Cash & Equivalents | ₹95.76 Cr |
| Equity (Net Worth) | ₹657.1 Cr |
| Equity Share Capital | ₹57.15 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹78.98 Cr |
| Total Debt (computed) | ₹78.98 Cr |
| Current Liabilities | ₹489.82 Cr |
| Total Liabilities | ₹503.52 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹26.08 Cr |
| Investing Cash Flow | -₹39.25 Cr |
| Financing Cash Flow | ₹136.25 Cr |
| Capital Expenditure | ₹33.45 Cr |
| Free Cash Flow (computed) | -₹59.53 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹66.12 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹363.71 Cr | ₹351.51 Cr | ₹306.85 Cr | ₹237.65 Cr |
| Other Income | ₹5.29 Cr | ₹3.84 Cr | ₹2.33 Cr | ₹4.21 Cr |
| Total Income | ₹369 Cr | ₹355.35 Cr | ₹309.18 Cr | ₹241.86 Cr |
| Cost of Materials Consumed | ₹262.69 Cr | ₹231.62 Cr | ₹213.57 Cr | ₹178.19 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹16.52 Cr | ₹9.44 Cr | -₹14.12 Cr | -₹18.97 Cr |
| Employee Benefit Expense | ₹28.02 Cr | ₹26.69 Cr | ₹29.76 Cr | ₹26.48 Cr |
| Finance Costs | ₹3.37 Cr | ₹4.01 Cr | ₹4.36 Cr | ₹5.68 Cr |
| Depreciation & Amortisation | ₹4.02 Cr | ₹3.78 Cr | ₹3.68 Cr | ₹3.57 Cr |
| Other Expenses | ₹51.65 Cr | ₹44.05 Cr | ₹43.15 Cr | ₹22.47 Cr |
| Total Expenses | ₹333.24 Cr | ₹319.6 Cr | ₹280.41 Cr | ₹217.43 Cr |
| Profit Before Exceptional Items & Tax | ₹35.76 Cr | ₹35.76 Cr | ₹28.77 Cr | ₹24.43 Cr |
| Exceptional Items | ₹0 | -₹1.15 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹35.76 Cr | ₹34.6 Cr | ₹28.77 Cr | ₹24.43 Cr |
| Total Tax Expense | ₹8.76 Cr | ₹9.11 Cr | ₹6.57 Cr | ₹6.48 Cr |
| Net Profit | ₹27 Cr | ₹25.49 Cr | ₹22.2 Cr | ₹17.95 Cr |
| attributable to Owners | ₹27.36 Cr | ₹25.3 Cr | ₹22.2 Cr | ₹17.95 Cr |
| attributable to NCI | ₹0 | - | ₹0 | ₹0 |
| Other Comprehensive Income | ₹36.11 Lakh | -₹19.22 Lakh | ₹2.71 Lakh | ₹39.6 Lakh |
| Total Comprehensive Income | ₹27.36 Cr | ₹25.3 Cr | ₹22.23 Cr | ₹18.34 Cr |
| EBITDA (computed) | ₹43.15 Cr | ₹43.54 Cr | ₹36.82 Cr | ₹33.68 Cr |
| Basic EPS | ₹4.76 | ₹4.46 | ₹4.07 | ₹3.59 |
| Diluted EPS | ₹4.76 | ₹4.46 | ₹4.07 | ₹3.59 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹1,084.78 Cr |
| Other Income | ₹16.81 Cr |
| Total Income | ₹1,101.59 Cr |
| Cost of Materials Consumed | ₹787.2 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹17.36 Cr |
| Employee Benefit Expense | ₹96.61 Cr |
| Finance Costs | ₹17.28 Cr |
| Depreciation & Amortisation | ₹14.99 Cr |
| Other Expenses | ₹96.27 Cr |
| Total Expenses | ₹994.99 Cr |
| Profit Before Exceptional Items & Tax | ₹106.6 Cr |
| Exceptional Items | -₹99.14 Lakh |
| Profit Before Tax | ₹105.61 Cr |
| Total Tax Expense | ₹26.84 Cr |
| Net Profit | ₹78.76 Cr |
| Other Comprehensive Income | ₹64.1 Lakh |
| Total Comprehensive Income | ₹79.4 Cr |
| EBITDA (computed) | ₹138.87 Cr |
| Basic EPS | ₹14.40 |
| Diluted EPS | ₹14.40 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹1,101.58 Cr |
| Non-current Assets | ₹234.83 Cr |
| Current Assets | ₹866.75 Cr |
| Property, Plant & Equipment | ₹171.72 Cr |
| Inventories | ₹340.07 Cr |
| Trade Receivables | ₹186.5 Cr |
| Cash & Equivalents | ₹89.43 Cr |
| Equity (Net Worth) | ₹655.96 Cr |
| Equity Share Capital | ₹57.15 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹78.98 Cr |
| Total Debt (computed) | ₹78.98 Cr |
| Current Liabilities | ₹431.92 Cr |
| Total Liabilities | ₹445.62 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹36.18 Cr |
| Investing Cash Flow | -₹36.95 Cr |
| Financing Cash Flow | ₹136.39 Cr |
| Capital Expenditure | ₹33.4 Cr |
| Free Cash Flow (computed) | -₹69.58 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹63.26 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹314.31 Cr | ₹281.95 Cr | ₹260.2 Cr | ₹228.33 Cr |
| Other Income | ₹5.51 Cr | ₹4.2 Cr | ₹2.81 Cr | ₹4.28 Cr |
| Total Income | ₹319.82 Cr | ₹286.15 Cr | ₹263.01 Cr | ₹232.61 Cr |
| Cost of Materials Consumed | ₹240.23 Cr | ₹203.71 Cr | ₹187.89 Cr | ₹169.22 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹10.86 Cr | -₹3.58 Cr | -₹6.02 Cr | -₹10.75 Cr |
| Employee Benefit Expense | ₹24.25 Cr | ₹22.23 Cr | ₹26.34 Cr | ₹23.78 Cr |
| Finance Costs | ₹3.35 Cr | ₹3.93 Cr | ₹4.34 Cr | ₹5.65 Cr |
| Depreciation & Amortisation | ₹4 Cr | ₹3.77 Cr | ₹3.66 Cr | ₹3.57 Cr |
| Other Expenses | ₹32.74 Cr | ₹19.78 Cr | ₹22.86 Cr | ₹20.89 Cr |
| Total Expenses | ₹293.71 Cr | ₹249.83 Cr | ₹239.08 Cr | ₹212.37 Cr |
| Profit Before Exceptional Items & Tax | ₹26.11 Cr | ₹36.31 Cr | ₹23.93 Cr | ₹20.24 Cr |
| Exceptional Items | ₹0 | -₹99.14 Lakh | ₹0 | ₹0 |
| Profit Before Tax | ₹26.11 Cr | ₹35.32 Cr | ₹23.93 Cr | ₹20.24 Cr |
| Total Tax Expense | ₹6.83 Cr | ₹9.52 Cr | ₹5.51 Cr | ₹4.98 Cr |
| Net Profit | ₹19.28 Cr | ₹25.8 Cr | ₹18.42 Cr | ₹15.26 Cr |
| Other Comprehensive Income | ₹35.44 Lakh | -₹17.8 Lakh | ₹5.69 Lakh | ₹40.77 Lakh |
| Total Comprehensive Income | ₹19.64 Cr | ₹25.62 Cr | ₹18.48 Cr | ₹15.67 Cr |
| EBITDA (computed) | ₹33.46 Cr | ₹44.01 Cr | ₹31.94 Cr | ₹29.46 Cr |
| Basic EPS | ₹3.36 | ₹4.48 | ₹3.22 | ₹3.05 |
| Diluted EPS | ₹3.36 | ₹4.48 | ₹3.22 | ₹3.05 |
Board & Governance of M & B Engineering Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of M & B Engineering Limited has 12 directors - 5 independent and 5 executive. The board is chaired by Hemant Ishwarlal Modi.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Hemant Ishwarlal Modi | Non-Executive - Independent Director · Chairperson | 2024-04-02 | 1 |
| Chirag Hasmukhbhai Patel | Executive Director · MD | 1993-05-01 | 1 |
| Malav Girishbhai Patel | Executive Director · MD | 2001-02-01 | 1 |
| Aditya V Patel | Executive Director | 2024-04-02 | 1 |
| Birva Chirag Patel | Executive Director | 2024-04-02 | 1 |
| Vipin K Patel | Non-Executive - Non Independent Director | 1984-12-31 | 1 |
| Birju Maheshbhai Patel | Non-Executive - Independent Director | 2019-06-01 | 1 |
| Sonal Vimal Ambani | Non-Executive - Independent Director | 2024-04-02 | 4 |
| Subir Kumar Das | Non-Executive - Independent Director | 2024-04-02 | 2 |
| Udayan Dileep Choksi | Non-Executive - Independent Director | 2024-04-02 | 4 |
| Sanjay Shaileshbhai Majmudar | Non-Executive - Non Independent Director | 2025-07-15 | 5 |
| Girishbhai Manibhai Patel | Executive Director | 1984-12-31 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Udayan Dileep Choksi (Chairperson), Sanjay Shaileshbhai Majmudar, Birju Maheshbhai Patel |
| Nomination and remuneration committee | Birju Maheshbhai Patel (Chairperson), Hemant Ishwarlal Modi, Vipin K Patel |
| Stakeholders Relationship Committee | Vipin K Patel (Chairperson), Subir Kumar Das, Birju Maheshbhai Patel, Malav Girishbhai Patel |
| Risk Management Committee | Chirag Hasmukhbhai Patel (Chairperson), Aditya V Patel, Birju Maheshbhai Patel, Pankaj Naresh |
| Corporate Social Responsibility Committee | Malav Girishbhai Patel (Chairperson), Birva Chirag Patel, Sonal Vimal Ambani |
Charges & Borrowings of M & B Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2022 | Standard Chartered Bank | ₹20 Cr | Open |
| 09 Apr 2020 | Others | ₹12 Cr | Open |
| 23 Jul 2012 | Standard Chartered Bank | ₹33 Cr | Open |
| 06 Jul 2012 | Standard Chartered Bank (Acting as an Security Agent) | ₹33 Cr | Open |
| 30 Sep 2010 | Standard Chartered Bank | ₹3.5 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at M & B Engineering Limited
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Employee Count & EPFO Data of M & B Engineering Limited
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GST Compliance of M & B Engineering Limited
GSTIN & GST Filing Data of M & B Engineering Limited
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Credit Ratings, Litigation & Regulatory Alerts for M & B Engineering Limited
Credit Ratings, Legal Cases & Regulatory Alerts of M & B Engineering Limited
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MSME Payment Delays by M & B Engineering Limited
MSME Payment Delays by M & B Engineering Limited
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Subsidiaries & Group Companies of M & B Engineering Limited
Subsidiaries & Group Companies of M & B Engineering Limited
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MCA Filings & Documents of M & B Engineering Limited
MCA Filings & Documents of M & B Engineering Limited
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Recent Activity on M & B Engineering Limited
Frequently Asked Questions about M & B Engineering Limited
M & B Engineering Limited is an active public limited company in the engineering sector based in Ahmedabad, Gujarat, India. It was incorporated on 16 June 1981 (45+ years old) and is registered under CIN L45200GJ1981PLC004437. The company has 1,484 employees.
M & B Engineering Limited reported revenue of ₹996.89 Cr for FY 2025 (up 23.00% YoY).
The current directors of M & B Engineering Limited are:
- Sanjay Shaileshbhai Majmudar
- Malav Girishbhai Patel
- Chirag Hasmukhbhai Patel
- Vipinbhai Kantilal Patel
- Hemant Ishwarlal Modi
- Subir Kumar Das
- Aditya Vipinbhai Patel
- Birju Maheshbhai Patel
- Girishbhai Manibhai Patel
- Udayan Dileep Choksi
- Birva Chiragbhai Patel
- Sonal Vimal Ambani
- Keyur Bachubhai Shah
- Palak Dilipbhai Parekh
- Pankaj Naresh
- Mayur Satishbhai Patel
The primary industry of M & B Engineering Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.
Yes, M & B Engineering Limited is a listed company.
M & B Engineering Limited can be reached at the registered office: Mb House 51 Chandrodaya Society Opp Golden Triangle Stadium Road Post Navjivan, Ahmedabad, Gujarat, India – 380014, or through the website mbproflex.com.