M & B Engineering Limited

NSEI:MBEL Stock Report

Market Cap: ₹17.5b

M & B Engineering Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chirag Patel

Chief executive officer

₹32.3m

Total compensation

CEO salary percentagen/a
CEO tenure33.1yrs
CEO ownership24.7%
Management average tenure2.2yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Analysis Article May 20

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

M & B Engineering Limited's ( NSE:MBEL ) stock didn't jump after it announced some healthy earnings. We did some...
Analysis Article Jan 25

Does M & B Engineering (NSE:MBEL) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

CEO

Chirag Patel (55 yo)

33.1yrs
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

NamePositionTenureCompensationOwnership
Chiragbhai Patel
Joint MD & Directorno data₹32.34m24.69%
₹ 4.3b
Malav Patel
Joint MD & Directorno data₹23.96m1.75%
₹ 306.1m
Birva Patel
Whole-Time Director2.2yrs₹11.43m7%
₹ 1.2b
Pankaj Naresh
Chief Executive Officer of Phenix Division6.6yrs₹19.27mno data
Aditya Patel
Whole-Time Director2.2yrs₹10.68m3.52%
₹ 615.9m
Girishbhai Patel
Whole-Time Director41.5yrs₹22.48m29.93%
₹ 5.2b
Keyur Shah
Chief Financial Officer2.2yrsno datano data
Palak Parekh
Company Secretary & Compliance Officer2.2yrsno datano data
Mayur Patel
Chief Executive Officer of Proflex Division20.3yrsno datano data
2.2yrs
Average Tenure
53yo
Average Age

Experienced Management: MBEL's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chiragbhai Patel
Joint MD & Director33.1yrs₹32.34m24.69%
₹ 4.3b
Malav Patel
Joint MD & Director25.3yrs₹23.96m1.75%
₹ 306.1m
Birva Patel
Whole-Time Director2.2yrs₹11.43m7%
₹ 1.2b
Aditya Patel
Whole-Time Director2.2yrs₹10.68m3.52%
₹ 615.9m
Girishbhai Patel
Whole-Time Director41.5yrs₹22.48m29.93%
₹ 5.2b
Hemant Modi
Independent Non-Executive Chairman2.2yrs₹170.00kno data
Sanjay Majmudar
Non-Executive & Non-Independent Director15.2yrs₹240.00kno data
Sonal Ambani
Independent Non-Executive Director2.2yrs₹50.00kno data
Udayan Choksi
Independent Non-Executive Director2.2yrs₹210.00kno data
Subir Das
Independent Non-Executive Director2.2yrs₹140.00kno data
Vipinbhai Patel
Non-Executive Non-Independent Director41.5yrs₹240.00k3.52%
₹ 615.9m
Birju Patel
Independent Non-Executive Director7yrs₹140.00kno data
4.6yrs
Average Tenure
59yo
Average Age

Experienced Board: MBEL's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 03:50
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dheeraj Ram360 ONE Capital Market Private Limited
Aasim BhardeDAM Capital Advisors
null nullEquirus Securities Private Limited