M & B Engineering Limited — Investor Meet, 13-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

M&B Engineering reported strong Q3 FY26 results: Revenue +7% YoY to ₹352 Cr, EBITDA +30% to ₹44 Cr (12.4% margin), PAT +44% to ₹25 Cr. Nine-month revenue hit ₹896 Cr (+33% YoY). Unexecuted order book is ₹1,059 Cr (+38% YoY), with export orders at ₹316 Cr.

Capacity is expanding: Sanand plant adds 20k tons by Q2 FY27, with Cheyyar targeting AISC certification for US exports. Management remains confident in FY26 guidance (₹1,250 Cr topline, 12.75% EBITDA margin) and expects strong double-digit growth for FY27, driven by international expansion and new capacities.