Mcnally Bharat Engineering Company Limited

NSE: MBECL · Unclassified

₹316.95-1.99%06 Nov 2026

Check figures: unusual quarterly results in SEP '25 (₹3,810.17 cr vs a typical ₹124.14 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Mcnally Bharat Engineering Company Limited — computed from its filings, no language model

Market cap₹1,056 cr

Current price₹316.95

High / Low₹504 / ₹3

P/E0.3

P/B1.85

Book value₹171.2

ROE640.2%

ROCE549.9%

Debt / equity0.17

Dividend yield—

EPS (TTM)₹1,096.18

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY22	FY23	FY24	FY26
Revenue	730.0	501.5	424.3	380.8	168.1	73.5
EBITDA	-342.9	-11.4	-97.6	-320.1	-93.6	-220.3
Operating margin	-47.0%	-2.3%	-23.0%	-84.1%	-55.7%	-299.8%
Interest	88.8	46.2	50.9	1,938.6	833.8	222.4
Depreciation	18.1	16.2	12.7	10.1	3.2	2.5
Profit before tax	-387.7	-43.5	-120.8	-2,201.0	-883.2	3,447.3
Tax	-0.2	0.0	0.0	62.1	0.0	-2.2
Net profit	-386.2	-42.3	-112.5	-2,270.6	-883.2	3,449.6
EPS ₹	-18.22	-2.06	-5.32	-107.32	-41.74	1034.87
Operating cash flow	—	—	-7.1	10.0	-13.0	42.4
Capex	—	—	0.7	-114.1	0.1	0.0
Dividend paid	—	—	0.0	0.0	0.0	0.0
Total assets	—	—	—	2,097.5	1,999.3	823.7
Equity	—	—	—	-3,324.8	-4,207.3	570.8

Quarterly performance

last 26 quarters · ₹ crore

showing latest 8 of 26 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	206.7	164.2	137.1	105.0	101.0	120.5	175.0	91.2	109.0	115.6	108.5	91.7	87.5	90.3	41.0	46.8	40.0	40.4	26.2	26.9	21.5	14.9	18.4	24.9	15.2	15.1
Operating profit	-37.8	-147.3	-126.1	-15.0	-0.2	-15.8	19.6	-6.3	4.3	-1.9	-88.2	-33.4	-105.7	-87.7	-6.8	-12.2	-13.9	-60.6	-4.9	-6.6	-53.2	-16.8	-111.1	-60.1	-32.3	-6.6
Operating margin	-18.3%	-89.7%	-92.0%	-14.3%	-0.2%	-13.1%	11.2%	-7.0%	3.9%	-1.7%	-81.3%	-36.4%	-120.8%	-97.1%	-16.6%	-26.1%	-34.9%	-150.3%	-18.6%	-24.6%	-247.0%	-112.5%	-602.3%	-241.1%	-212.3%	-43.9%
Other income	12.8	5.7	5.4	7.5	10.1	8.3	4.5	8.8	12.7	20.0	29.6	11.0	11.9	2.4	11.4	10.9	10.4	14.7	49.7	8.0	7.1	0.0	1.1	-0.0	0.0	0.1
Interest	13.4	3.3	37.8	17.9	15.6	8.6	4.1	15.4	12.6	13.7	14.6	1,020.7	144.1	173.4	240.7	189.7	198.3	205.1	264.5	220.8	229.7	212.9	-2.7	0.5	11.8	3.2
Depreciation	4.8	4.1	4.5	5.2	4.8	3.3	2.9	3.0	3.0	3.7	3.1	2.6	2.7	2.0	0.8	0.8	0.8	0.8	0.7	0.8	0.8	0.7	0.6	0.6	0.6	0.4
Profit before tax	-43.2	-149.0	-162.9	-30.7	-10.5	-19.4	17.1	-15.9	1.4	0.7	-107.0	-1,045.7	-240.6	-159.1	-236.9	-191.8	-202.7	-251.8	-220.3	-220.3	-276.5	-230.3	3,810.2	-61.2	-71.3	-25.3
Tax	-0.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	62.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.2	0.0
Net profit	-42.5	-149.5	-163.3	-30.0	-11.5	-19.7	18.9	-1.2	1.1	0.8	-98.8	-1,045.4	-240.3	-229.0	-236.9	-191.8	0.8	-251.8	-220.3	-220.3	-276.5	-230.3	3,810.2	-61.2	-69.1	-25.9
EPS ₹	-2.07	-7.06	-7.54	-1.45	-0.50	-0.92	0.81	-0.75	0.07	0.04	-4.67	-49.41	-11.36	-10.82	-11.20	-9.05	-9.54	-11.90	-10.41	-10.39	-13.06	-69.08	1143.05	-18.37	-20.74	-7.58
Revenue YoY	—	—	—	—	-51.1%	-26.6%	27.7%	-13.1%	7.8%	-4.1%	-38.0%	0.6%	-19.7%	-16.8%	-55.3%	-46.5%	—	-55.3%	-36.1%	-42.5%	-46.1%	-43.0%	-31.5%	15.7%	—	0.9%
Profit YoY	—	—	—	—	—	—	—	—	—	—	-622.4%	—	-21748.6%	—	—	—	—	—	—	—	-35105.1%	—	—	—	—	—

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Mcnally Bharat Engineering Company Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,100.6	1,469.1	1,758.3	2,079.2	2,183.2	2,143.8	2,170.1	2,424.9	1,923.0	1,443.7	1,518.4
Operating profit	91.7	109.2	103.3	139.8	162.9	166.2	67.2	0.7	-452.2	-190.9	-334.1
Operating margin	8.3%	7.4%	5.9%	6.7%	7.5%	7.8%	3.1%	0.0%	-23.5%	-13.2%	-22.0%
Other income	1.3	—	11.3	9.4	7.3	11.7	11.9	21.5	316.2	148.5	245.7
Interest	36.5	41.5	33.8	60.3	100.0	151.2	225.2	317.5	388.3	502.4	367.0
Depreciation	5.5	4.9	8.3	10.5	13.6	19.1	29.1	22.5	25.3	14.6	10.6
Profit before tax	49.3	62.3	72.5	78.4	56.6	7.6	-114.2	-303.8	-549.5	-559.4	-466.0
Tax	17.4	20.8	23.0	25.1	18.0	5.1	0.0	0.0	-491.2	-133.9	0.0
Net profit	31.9	41.5	49.5	53.3	38.6	2.5	-114.2	-303.8	-58.3	-425.5	-466.0

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	115.2	118.1	205.8	131.8	202.6	227.1	539.1	269.0	305.2	332.5	562.4	283.9	401.8	378.8	693.8	362.5	498.6	490.4	727.7	427.9	514.2	520.5	720.6	446.1	480.3	523.6	693.8	409.7	563.3	457.9	739.1	468.2	737.9	535.5	683.4	405.6	387.0	475.6	654.8	389.0	381.3	304.7	368.7	457.9	592.5	271.0	196.9	178.9
Operating profit	8.3	10.1	17.4	9.8	18.4	22.2	41.2	24.2	21.3	23.0	40.8	15.6	21.9	24.7	41.1	24.3	30.7	31.8	53.0	33.7	39.0	32.7	57.5	42.6	47.7	40.9	35.0	33.8	56.4	23.0	-46.0	22.3	-2.5	-5.7	-13.3	-112.3	-155.3	-49.4	-135.1	-43.6	-106.2	-73.8	32.8	-27.6	-30.7	-153.8	-122.0	-33.2
Operating margin	7.2%	8.6%	8.4%	7.4%	9.1%	9.8%	7.6%	9.0%	7.0%	6.9%	7.3%	5.5%	5.4%	6.5%	5.9%	6.7%	6.2%	6.5%	7.3%	7.9%	7.6%	6.3%	8.0%	9.5%	9.9%	7.8%	5.0%	8.2%	10.0%	5.0%	-6.2%	4.8%	-0.3%	-1.1%	-2.0%	-27.7%	-40.1%	-10.4%	-20.6%	-11.2%	-27.9%	-24.2%	8.9%	-6.0%	-5.2%	-56.8%	-62.0%	-18.6%
Other income	0.5	0.1	0.2	0.6	0.7	0.0	0.0	—	0.3	1.2	1.3	1.5	3.5	5.3	1.0	0.9	2.0	2.8	3.6	2.8	0.4	2.3	1.9	1.0	1.1	3.4	6.2	2.1	1.5	2.0	6.3	2.2	4.0	9.0	6.2	5.7	60.1	8.4	242.0	30.1	49.1	19.3	49.9	28.9	156.1	32.9	27.9	34.7
Interest	2.3	2.4	1.6	2.9	8.1	10.6	14.8	9.8	11.2	13.6	6.9	6.0	8.7	10.6	8.6	11.2	14.3	13.7	21.0	20.6	23.9	23.7	31.9	32.9	41.1	35.7	41.5	45.2	54.9	51.6	73.5	78.0	75.0	83.5	80.9	81.2	97.2	100.3	109.7	126.5	119.7	115.5	140.7	110.3	111.1	69.9	75.8	30.5
Depreciation	0.5	0.6	0.7	0.6	0.8	2.5	1.6	2.2	0.0	1.3	1.4	1.8	2.1	2.2	2.2	2.2	2.3	2.8	3.2	3.1	3.1	3.4	4.0	4.4	4.8	4.9	5.0	5.0	11.3	6.2	6.6	6.0	5.9	5.5	5.2	9.2	6.2	5.4	4.5	4.0	3.8	3.5	3.3	2.9	2.8	2.5	2.4	2.4
Profit before tax	6.1	7.2	12.7	6.4	9.8	8.8	24.3	12.2	5.1	9.7	35.2	9.3	14.6	17.2	31.3	11.8	16.1	18.1	32.4	12.7	12.4	7.9	23.5	6.3	3.0	3.8	-5.3	-14.3	-8.3	-32.8	-58.7	-59.5	-79.5	-85.6	-79.2	-197.0	-198.5	-146.7	-7.3	-144.1	-180.5	-173.5	-61.3	-111.9	11.5	-193.3	-172.3	-31.5
Tax	0.1	2.3	5.6	2.3	3.4	3.1	8.6	4.2	1.5	2.4	12.7	3.2	5.0	5.9	9.0	4.2	5.4	5.6	9.9	4.0	3.9	2.5	7.6	2.1	1.3	1.4	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-491.2	-42.2	-45.2	-29.7	-16.9	0.0	0.0	0.0	0.0	0.0
Net profit	6.0	5.0	7.1	4.1	6.4	5.6	15.8	8.1	3.6	7.4	22.4	6.2	9.7	11.3	22.3	7.6	10.7	12.5	22.4	8.7	8.6	5.4	15.9	4.2	1.6	2.4	-5.7	-14.3	-8.3	-32.8	-58.7	-59.5	-79.5	-85.6	-79.2	-197.0	-198.5	-146.7	483.9	-101.9	-135.4	-143.8	-44.4	-111.9	11.5	-193.3	-172.3	-31.5
EPS ₹	2.20	1.78	2.49	1.31	2.06	1.80	5.14	2.60	1.16	2.38	7.22	1.98	3.11	—	7.18	—	3.45	4.02	7.21	2.81	2.75	1.75	5.09	1.25	0.42	0.66	-1.93	-4.71	-2.79	-10.66	-18.62	-14.75	-19.50	-16.99	-15.65	-38.55	-38.77	-27.75	85.80	-7.44	-9.63	-10.23	-3.12	-5.27	0.53	-9.11	-8.12	-1.50
Revenue YoY	—	—	—	—	75.9%	92.2%	162.0%	104.1%	50.6%	46.4%	4.3%	5.5%	31.7%	13.9%	23.4%	27.7%	24.1%	29.5%	4.9%	18.1%	3.1%	6.1%	-1.0%	4.2%	-6.6%	0.6%	-3.7%	-8.1%	17.3%	-12.5%	6.5%	14.3%	31.0%	16.9%	-7.5%	-13.4%	-47.6%	-11.2%	-4.2%	-4.1%	-1.5%	-35.9%	-43.7%	17.7%	55.4%	-11.1%	-46.6%	-60.9%
Profit YoY	—	—	—	—	6.5%	13.3%	123.3%	98.3%	-43.7%	31.7%	42.1%	-23.8%	168.3%	53.5%	-0.4%	24.2%	11.0%	10.3%	0.4%	14.3%	-20.2%	-56.5%	-29.1%	-52.1%	-80.9%	-56.2%	-135.7%	-442.6%	-611.0%	-1479.4%	—	—	—	—	—	—	—	—	—	—	—	—	-109.2%	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 17 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	604.3%	640.2%
ROCE	—	—	—	—	—	—	—	—	—	-9.4%	—	—	—	—	—	550.6%	549.9%
Net margin	-62.8%	-69.8%	-48.4%	-8.4%	-2.8%	-0.2%	4.0%	-23.1%	-268.9%	-343.1%	-301.2%	-404.3%	-432.6%	-518.4%	-842.6%	4692.0%	4961.2%
EBITDA margin	-53.2%	-56.9%	-33.9%	-2.3%	-0.6%	0.4%	3.2%	-21.7%	-28.1%	-56.8%	-55.3%	-55.7%	-59.8%	-64.5%	-109.0%	-299.7%	-285.4%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.17	0.17
Interest coverage	-4.33	-3.74	-1.80	0.06	0.34	0.59	1.07	-1.14	-0.08	-0.17	0.01	-0.06	-0.01	-0.01	-0.05	16.50	286.56
Asset turnover	—	—	—	—	—	—	—	—	—	0.16	0.11	0.08	0.08	0.07	0.06	0.09	0.09

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26
Share capital	211.6	211.6	211.6	211.6	211.6	33.3	33.3
Other equity / reserves	-1,658.2	-3,536.4	-3,965.9	-4,418.9	-4,859.0	666.0	537.5
Total equity	-1,446.7	-3,324.8	-3,754.3	-4,207.3	-4,647.4	699.3	570.8
Borrowings	3,565.6	3,104.4	3,107.1	3,106.5	3,106.2	91.8	95.7
Current liabilities	3,864.1	5,418.3	5,767.4	6,203.5	6,621.2	240.0	249.1
Non-current liabilities	156.7	4.0	3.9	3.1	3.2	4.0	3.8
Total assets	2,574.2	2,097.5	2,016.9	1,999.3	1,977.0	943.2	823.7
Property, plant & equipment	136.8	16.7	15.4	14.2	13.1	13.3	4.4
Capital work-in-progress	4.8	4.6	4.6	4.6	4.6	0.0	0.0
Investments	1.2	1.1	1.3	1.3	1.4	1.4	0.0
Inventories	52.8	0.8	0.4	0.4	0.2	0.2	0.0
Receivables	897.1	752.9	750.7	742.4	736.0	256.9	166.2
Cash & equivalents	47.2	30.1	28.6	17.4	22.0	7.2	3.7

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY26
Cash from operations	-7.1	10.0	-13.0	42.4
Cash from investing	39.1	-10.7	-0.8	16.7
Cash from financing	-33.4	5.6	1.2	-57.6
Capex	0.7	-114.1	0.1	0.0
Free cash flow	-7.8	124.1	-13.1	42.4
Dividends paid	0.0	0.0	0.0	0.0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹4.4 cr1%

Receivables

₹166.2 cr20%

Cash & equivalents

₹3.7 cr0%

Other assets

₹649.5 cr79%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Mcnally Bharat Engineering Company Limited	1,056	316.95	0.3	1.85	640.2%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-34.5%

6 months+7687.5%

1 year+7357.6%

3Y CAGR+331.2%

5Y CAGR+115.2%

10Y CAGR+18.5%

50-day avg₹355.43

200-day avg₹92.18

RSI (14)0

FAQs

What is the share price of Mcnally Bharat Engineering Company Limited?

Mcnally Bharat Engineering Company Limited (MBECL) closed at ₹316.95 on NSE on 06 Nov 2026.

What is the market cap of Mcnally Bharat Engineering Company Limited?

₹1,056 crore at the latest close.

What is the P/E ratio of Mcnally Bharat Engineering Company Limited?

0.3, on trailing-twelve-month earnings from its filings.

How fast is Mcnally Bharat Engineering Company Limited growing?

Mcnally Bharat Engineering Company Limited: revenue has compounded at -44.3% a year over three years. Latest-quarter revenue is up 0.9% year on year.

How profitable is Mcnally Bharat Engineering Company Limited?

On a trailing-twelve-month basis return on equity is 640.2%, return on capital employed 549.9%, operating margin -285.4%, net margin 4,961.2%.

How much debt does Mcnally Bharat Engineering Company Limited have?

Mcnally Bharat Engineering Company Limited is lightly geared: debt to equity is 0.17 with borrowings of ₹96 cr against cash of ₹4 cr (balance sheet of 2026-03-31). Operating profit covers interest 286.6 times.

Financials parsed from Mcnally Bharat Engineering Company Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.