M & B Engineering Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chirag Patel

Chief executive officer

₹32.3m

Total compensation

CEO salary percentage	n/a
CEO tenure	32.4yrs
CEO ownership	24.7%
Management average tenure	1.5yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO

Chirag Patel (54 yo)

32.4yrs

Tenure

₹32,337,000

Compensation

Mr. Chiragbhai Hasmukhbhai Patel, also known as Chirag, is Joint Managing Director of M & B Engineering Limited and has been its Director from May 01, 1993. Mr. Patel was Chairman of M & B Engineering Limi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chiragbhai Patel	Joint MD & Director	no data	₹32.34m	24.69% ₹ 6.2b
Malav Patel	Joint MD & Director	no data	₹23.96m	1.75% ₹ 441.6m
Birva Patel	Whole-Time Director	1.5yrs	₹11.43m	7% ₹ 1.8b
Pankaj Naresh	Chief Executive Officer of Phenix Division	5.9yrs	₹19.27m	no data
Aditya Patel	Whole-Time Director	1.5yrs	₹10.68m	3.52% ₹ 888.5m
Girishbhai Patel	Whole-Time Director	40.8yrs	₹22.48m	29.93% ₹ 7.6b
Keyur Shah	Chief Financial Officer	1.5yrs	no data	no data
Palak Parekh	Company Secretary & Compliance Officer	1.5yrs	no data	no data
Mayur Patel	Chief Executive Officer of Proflex Division	19.7yrs	no data	no data

1.5yrs

Average Tenure

52yo

Average Age

Experienced Management: MBEL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Chiragbhai Patel	Joint MD & Director	32.4yrs	₹32.34m	24.69% ₹ 6.2b
Malav Patel	Joint MD & Director	24.7yrs	₹23.96m	1.75% ₹ 441.6m
Birva Patel	Whole-Time Director	1.5yrs	₹11.43m	7% ₹ 1.8b
Aditya Patel	Whole-Time Director	1.5yrs	₹10.68m	3.52% ₹ 888.5m
Girishbhai Patel	Whole-Time Director	40.8yrs	₹22.48m	29.93% ₹ 7.6b
Hemant Modi	Independent Non-Executive Chairman	1.5yrs	₹170.00k	no data
Sanjay Majmudar	Non-Executive & Non-Independent Director	14.5yrs	₹240.00k	no data
Sonal Ambani	Independent Non-Executive Director	1.5yrs	₹50.00k	no data
Udayan Choksi	Independent Non-Executive Director	1.5yrs	₹210.00k	no data
Subir Das	Independent Non-Executive Director	1.5yrs	₹140.00k	no data
Vipinbhai Patel	Non-Executive Non-Independent Director	40.8yrs	₹240.00k	3.52% ₹ 888.5m
Birju Patel	Independent Non-Executive Director	6.3yrs	₹140.00k	no data

3.9yrs

Average Tenure

58yo

Average Age

Experienced Board: MBEL's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/21 11:32
End of Day Share Price	2025/10/21 00:00
Earnings	2025/06/30
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

M & B Engineering Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.