M & B Engineering Limited — Investor Meet, 16-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

M&B Engineering reported robust financial results for the full year: Revenue +27%, EBITDA +17%, PAT +20%. Its latest quarter (Q4) faced margin pressure from forex losses and rising steel/freight costs.

The company's order book grew 35% YoY to INR1,083 Cr, with record FY26 order inflow. Management projects ~25% top-line growth for FY27, driven by strong demand and capacity expansions. US export tariffs reduced by 25% are positive.

Margin guidance for FY27 deferred due to geopolitical volatility and raw material uncertainty. Export margins currently offer 16-17% EBITDA vs domestic 10-11%. Investor focus on margin recovery and H2 performance.