M&B Engineering rises on domestic order win

M&B Engineering gained 2.45% to Rs 375 after the company announced it has secured a domestic order worth Rs 98 crore for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building.

The project is expected to be completed within six months. The order includes a 15% advance payment along with standard terms and conditions. The company did not disclose the client?s name citing confidentiality.

M&B Engineering clarified that the order has been awarded by a domestic entity and does not fall under related-party transactions.

M&B Engineering is a leading provider of pre-engineered building (PEB) and self-supported steel roofing solutions, serving industrial and infrastructure clients across India and 22 global markets. With integrated facilities in Gujarat and Tamil Nadu, M&B ranks as the fourth-largest PEB player among organized peers in India.

On a consolidated basis, the company's net profit surged 158.65% to Rs 17.95 crore on 69.48% increase in net sales to Rs 237.65 crore in Q1 June 2025 over Q1 June 2025.

The stock was listed on the exchanges on 6 August 2025, at Rs 386, a marginal premium of 0.26% over its IPO price of Rs 385. The initial public offer of M&B Engineering was subscribed 36.20 times. The issue was open for bidding from July 30 to August 1, 2025, with a price band set between Rs 366 and Rs 385 per share.

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