M & B Engineering Limited — Investor Meet, 14-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

M&B Engineering's Q1 FY27 revenue grew 22.5% YoY to INR 291 Cr, with PAT up 22% to INR 22 Cr. Operating EBITDA margin was 11.4%. The order book expanded 25% YoY to INR 1,053 Cr. Management targets over 25% revenue growth for FY27 and 20%+ CAGR long-term.

Capacity additions include Sanand PEB (20,000 tons/annum by Q3 FY27) and a new heavy structural steel line (10,000 tons/annum by Q1 FY28). Cheyyar secured AISC certification, boosting export potential. Q1 margins faced pressure from high freight costs, though reduced US duties offer some relief. Management remains confident on demand, particularly from data centers, but cautious on short-term margin volatility.