ftInvstr
MBEL · Industrials ₹271.0 -1.42% Mkt Cap ₹1553 Cr

MBEL

Industrials Engineering & Construction
₹271.0
-1.42% today · 30d -5.97%
as of 2026-09-04
Price · Daily Candles
“Engineering firm MBEL sees profit surge while FIIs retreat amidst cooling stock performance.”
MBEL reported annual net profit growth of 20.26% for FY26 to ₹93 Cr, with revenue climbing 26.37% YoY to ₹1260 Cr. Despite this operational strength and a PE of 18.25, the stock has declined 24.03% over the last six months, corresponding with a 1.39% QoQ drop in FII shareholding.
BULL CASE
+MBEL's annual revenue grew 26.37% to ₹1260 Cr in FY26, following a 3-year CAGR of 12.32% and 5-year CAGR of 24.44%.
+Net profit surged 20.26% YoY to ₹93 Cr in FY26, boasting a strong 5-year CAGR of 73.4%.
+The company's P/E ratio is 18.25, significantly lower than the analyst mean target price of ₹420.0, suggesting a potential upside.
+Promoter shareholding increased by 0.09% QoQ to 70.54% by March 2026, indicating continued confidence.
BEAR CASE
The stock has seen a significant price correction, down 24.03% over the last six months and 42.53% off its 52-week high of ₹535.9.
FIIs reduced their stake by 1.39% QoQ, bringing their total holding to 2.86% by March 2026.
DIIs also reduced their holding by 0.51% QoQ to 9.73% by March 2026, potentially signalling concerns.
The company's free cash flow is negative at -₹60 Cr, resulting in a -3.37% FCF yield, posing a challenge for intrinsic value assessment.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹291 Cr
+22.49% YoY
NET PROFIT
₹22 Cr
+22.03% YoY
OPM
12.07%
-1.85pp YoY
EPS
₹3.75
PE 18.25
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-3.8% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
MBEL's PE of 18.25 is below sector leader LT (PE 34.54) and NBCC (PE 47.67), while its ROCE of 23.0% places it competitively against KPIL (ROCE 24.26%) and significantly above RVNL (ROCE 14.97%).
PEERPEROCE %
MBEL18.2523.0
LT34.5421.24
RVNL14.97
NBCC47.6727.04
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

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50
SCORE / 100
Overall
6-axis composite of the sections below.
Performance UNDERPERFORMER 5
Valuation CHEAP 75
Growth STRONG 77
Profitability HIGH 75
Technicals NEUTRAL 55
Risk HIGH 10
Key Stats
TTM PE
18.25
P/B
2.83
52W HIGH
₹535.9
OFF HIGH
-49.43%
MKT CAP
₹1553 Cr
◉ Active Signals
MACDNeutral0.8802
RSI(14)Neutral43.1
Street Consensus
1 analyst
₹420.0
mean target
Low ₹420.0Now ₹271.0High ₹420.0
⧉ Strategy Fit 🔒

See which of ftInvstr's 50+ strategies hold MBEL and at what entry.

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