About MBEL

Founded: 1981
Employees: 1631
CEO: Chiragbhai Patel
WebsiteView website: www.mbel.in

M & B Engineering Limited, an engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components. The company manufactures structural steel components for projects, including construction of bridges, flyovers, power plant structures, and other industrial applications. It serves general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railway sectors. M & B Engineering Limited operates in India, the United States, Brazil, South Africa, Qatar, Sri Lanka, Morocco, Nigeria, Kenya, Seychelles, and internationally. The company was incorporated in 1981 and is based in Ahmedabad, India.

Recent MBEL News & Updates

New Risk • Jun 15

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change).

Recent updates

No updates

M & B Engineering Limited Stock Price

MBEL Share Price Performance

MBEL Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

M & B Engineering Limited Key Details

About MBEL

Recent MBEL News & Updates

New minor risk - Dividend sustainability

M & B Engineering's (NSE:MBEL) Solid Earnings May Rest On Weak Foundations

Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

M & B Engineering Limited Competitors

Larsen & Toubro

Adani Enterprises

Bharat Electronics

Hindustan Aeronautics