Mcnally Bharat Engin Co L

NSE: MBECL · Civil Construction · sector

₹380.00NSE close 2026-10-26

Key numbers

Market cap₹1,267 cr

Price₹380.00

52w high / low₹514 / ₹213

P/E0.3xSector median 12.2x

P/B2.2xSector median 1.3x

Book value₹171.2

Dividend yield–Sector median 0.76%

ROE–Sector median 10.2%

ROCE549.9%Sector median 12.9%

OPM4,978.4%Sector median 10.7%

Debt / equity0.17xSector median 0.36x

EV/EBITDA0.4xSector median 8.8x

Interest cover286.4x

Current ratio1.20x

Sales growth 3y-42.2%Sector median +6.7%

Profit growth 3y–Sector median +5.8%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹6 cr vs borrowings ₹96 cr (FY26): borrowings are higher by ₹90 cr.
Operating profit covered interest 286.4x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 1 of the last 5 years (FY26).
Net loss in 7 of the last 8 quarters.
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 0% of net profit in the last 12 months.
Debtor days went from 1,612 (FY24) to 825 (FY26).
No dividend in the last 5 financial years.
Price ₹380.00 on 2026-10-26: -26.1% from the 52-week high, +78.4% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹494.00 · low ₹234.83

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	27	22	30	15	18	25	15	15
EBITDA	-7	-53	-801	-17	3,807	-60	-59	-22
OPM %	-24.6%	-247.0%	-2,636.1%	-112.5%	20,634.1%	-241.1%	-387.7%	-144.8%
Other income	8	7	-64	0	1	-0	0	0
Net profit	-220	-277	-999	-230	3,810	-61	-69	-26
EPS (₹)	-10.39	-13.06	-51.63	-69.08	1,143.05	-18.37	-20.74	-7.58
Revenue YoY					-31.5%	+15.7%	-49.9%	+0.9%
Profit YoY					–	–	–	–

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	424	381	168	105	74	74
EBITDA	-128	-296	-94	-866	3,671	3,666
Net profit	-113	-2,271	-883	-1,716	3,450	3,654
EPS (₹)	-5.32	-107.32	-41.74	-88.69	1,034.87	1,096.36
Revenue growth		-10.2%	-55.9%	-37.5%	-30.0%	-21.5%
Profit growth		–	–	–	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-42.2%	-31.9%	-21.5%
Net profit	–	–	–
EPS	–	–	–
Share price	–	+850.4% (2y)	+11,999.4%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	-3,325	-4,207	-5,891	571
Borrowings	–	3,104	3,106	3,093	96
Cash & equivalents	–	30	21	21	6
Total assets	–	2,098	1,999	1,170	824
Fixed assets	–	17	14	12	4
Capital work in progress	–	5	5	0	0
Investments	–	1	1	1	0
Receivables	–	753	742	339	166
Inventory	–	1	0	0	0
Payables	–	231	226	238	28

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-7	10	-13	-17	42
Cash from investing	39	-11	-1	-15	17
Cash from financing	-33	6	1	16	-58
Capex	1	114	0	0	0
Free cash flow	-8	-104	-13	-17	42

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	68.3%	21.0%	29.1%	604.4%
ROCE %	–	119.1%	4.5%	31.0%	550.6%
Debtor days	–	722	1,612	1,179	825
Inventory days	–	1	2	6	0
Payable days	–	394	1,093	6,111	625
Cash conversion cycle (days)	–	329	521	-4,926	200
Working capital days	–	-3,702	-10,297	-22,316	246

Shareholding

Holder	% (2026-09-30)
Promoters	90.00%
FIIs	0.01%
DIIs	4.55%
of which Insurance	0.00%
Public (non-institutions)	5.44%

Quarter	Feb 2025	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%

Promoter group	%
Mandal Vyapaar Private Limited	90.00%

18,188 shareholders. Pledged: 0.00% of promoter shares.

Peers in Civil Construction

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
LT	₹5,06,276 cr	30.5x	4.6x	16.7%	12.8%	9.4%	+22.2%	0.92%
RVNL	₹38,083 cr	42.4x	3.9x	9.3%	10.5%	4.3%	+0.2%	1.51%
KPIL	₹22,134 cr	19.5x	2.8x	15.9%	17.7%	8.4%	+18.4%	0.69%
IRB	₹19,639 cr	20.6x	0.9x	4.7%	7.6%	53.9%	+6.1%	0.65%
CEMPRO	₹19,444 cr	32.3x	8.1x	28.4%	32.3%	10.4%	+25.5%	0.18%
NBCC	₹18,536 cr	25.1x	6.1x	27.0%	33.9%	5.8%	+13.8%	1.08%
ENGINERSIN	₹13,725 cr	17.5x	4.4x	27.0%	28.8%	19.4%	+5.7%	1.84%
TECHNOE	₹9,612 cr	22.3x	2.3x	10.9%	13.7%	14.0%	+57.7%	1.09%
IRCON	₹9,177 cr	17.5x	1.4x	8.1%	8.2%	8.3%	-4.4%	2.25%
MBECL	₹1,267 cr	0.3x	2.2x	–	549.9%	4,978.4%	-42.2%	–

All 119 companies in Civil Construction →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-17	Other	Annual General Meeting
2023-08-24	Other	Annual General Meeting
2022-08-29	Other	Annual General Meeting
2022-07-26	Other	Annual General Meeting
2021-09-22	Other	Annual General Meeting
2020-12-14	Other	Annual General Meeting
2019-09-18	Other	Annual General Meeting
2018-09-18	Other	Annual General Meeting (Date Revised)
2017-09-12	Other	Annual General Meeting
2016-09-21	Other	Annual General Meeting
2015-09-16	Other	Annual General Meeting
2014-07-17	Other	Annual General Meeting
2013-09-18	Dividend	Annual General Meeting/Dividend Re 1/- Per Equity Share
2012-09-13	Dividend	Annual General Meeting/Dividend Re 1 Per Share
2011-09-15	Dividend	Dividend-Rs.2/- Per Share
2010-09-22	Dividend	Annual General Meeting And Dividend Rs.1.50 Per Share
2009-11-12	Other	Agm/Div-Rs.1.25 Per Share
2008-09-08	Dividend	Agm/Dividend - 10%
2007-09-03	Dividend	Agm/Dividend - 10%
	Other	Capital Reduction

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Civil Construction
Sub-industry	Civil Construction
Symbol	MBECL
BSE code	532629
ISIN	INE748A01024
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.