M&B Engineering Limited (NSE: MBEL; BSE: 544470) reported a 43.8% surge in consolidated net profit for the third quarter ended December 31, 2025, driven by record order inflows and expanding international operations.
The company’s Profit After Tax (PAT) rose to ₹25.49 crore for the October-December period, up from ₹17.73 crore in the same quarter last year. Revenue from operations grew 7.1% to ₹351.51 crore, marking the company’s highest-ever quarterly performance.
Record Order Book and Exports
A primary driver for the results was a sharp increase in demand for its Phenix and Proflex divisions. Order inflows during Q3FY26 skyrocketed 86% year-on-year to ₹480 crore. The company’s total unexecuted order book reached ₹1,059 crore as of December 31, representing a 38% year-on-year growth.
M&B Engineering also highlighted its growing global footprint, securing its single largest export order to date, valued at ₹212 crore, from the United States during the quarter. Total export revenue for the nine-month period stood at ₹119.95 crore, reflecting significant traction in the North American market.
The company achieved highest ever quarterly and nine-month consolidated revenue.
Operational Updates
The results included a one-time exceptional item of ₹1.15 crore, representing the accrued statutory impact of new Indian Labour Codes implemented in November 2025.
MBEL, which listed on the NSE and BSE in August 2025 following a successful Initial Public Offering (IPO), has utilized approximately ₹130.31 crore of its net IPO proceeds as of year-end, primarily for debt prepayment and corporate purposes. The company also reported capital expenditure of ₹12 crore during 9M FY26 for capacity augmentation.
M&B Engineering serves over 2,000 customer groups across industries including warehousing, railways, and renewables. The company operates major manufacturing facilities in Sanand, Gujarat, and Cheyyar, Tamil Nadu.
Nine Months Performance and Guidance
For the nine months ended December 31, the company’s consolidated revenue reached ₹896.02 crore, a 33% increase over the ₹674.91 crore recorded in the prior-year period. Consolidated EBITDA for the nine-month period climbed 25.6% to ₹114.04 crore.
Management maintained a positive outlook for the full fiscal year, providing guidance for an annual topline of approximately ₹1,250 crore and an EBITDA margin of around 12.75%.