Mcnally Bharat Engineering Company (MBECL) had a P/E of 0.3× on 6 Nov 2026, below the industry P/E of 16.4×, and the shares are 38% below their 52-week high. Sales fell 42% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Debt is 0.17× equity. It is a small-cap company with a market cap of ₹1,057 Cr, ranked 62nd of 156 Engineering & Construction companies by market cap; the shares rose 394% over the past year.
- ₹316.95
- ₹316.95
- ₹316.95
- ₹323.40
- 603
Health check
- ReturnsAhead
+394.5% over a year, better than 7 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −42.2% a year over 3 years.
- ProfitabilityStrong
ROCE 638.7% vs peer median 19.9%.
- Balance sheetFair
Debt 0.17× equity, interest covered 16.5×, Piotroski 5 of 9.
- Red flags3 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,057 Cr
- Small cap
- P/E
- 0.3
- Industry 16.4
- Price to book
- 1.85
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 640.2%
- Peers 17.9%
- ROCE
- 638.7%
- Peers 19.9%
- Debt to equity
- 0.17
- Debt ₹98 Cr
- EPS (TTM)
- ₹1,096.36
- Face value ₹10
- OPM (TTM)
- −285.4%
- Net margin 4955.1%
- Sales growth
- +0.9%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 14.32
- EV/EBITDA −5.5
Strengths and risks
Strengths
- Return on equity of 640.2%.
- Return on capital employed of 638.7%.
Risks to check
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 38% below its 52-week high.
- Interest coverage of only 1.6×.
About Mcnally Bharat Engineering Company
McNally Bharat Engineering Company Limited engages in engineering, procurement, and construction businesses in India. The company offers its turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, cement, water, mineral benefication, pyroprocessing, pneumatic handling of powdered materials, coal washing, port cranes, civic, industrial water supply, and oil and gas sectors, as well as for…
- Headquarters
- Kolkata
- Employees
- 323
- Sector
- Industrials
- ISIN
- INE748A01024
- Website
- mcnallybharat.com
Price range
- Avg volume (3M)
- 2.3K
- 1-year return
- plus 394.5%
- From 52-week high
- minus 38.3%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| MBECLMcnally Bharat Engineering Company | 316.95 | minus 1.99% | 1,057 | 0.3 | 3.2 | 638.7% | −285.4% | 0.17 | −42.2% | plus 394.5% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 14.9 | 18.4 | 24.9 | 15.2 | 15.1 | |
| 31.7 | 130 | 85 | 47.6 | 21.7 | |
| −16.8 | −111 | −60.1 | −32.3 | −6.6 | |
| −112.5% | −602.5% | −241.2% | −212.4% | −43.9% | |
| 0 | 3.8 | −0 | 0 | 0.2 | |
| 213 | – | 0.5 | 11.8 | 3.2 | |
| 0.7 | 0.6 | 0.6 | 0.6 | 0.4 | |
| – | 3,918 | – | −26.7 | −15.2 | |
| −230 | 3,810 | −61.2 | −71.3 | −25.3 | |
| – | – | – | 3.1% | – | |
| −230 | 3,810 | −61.2 | −69.1 | −25.3 | |
| -69.08 | 1143.05 | -18.37 | -20.74 | -7.58 |
Profit & loss
- Sales CAGR 3Y
- −42.2%
- ROE
- 640.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 379 | 168 | 105 | 73.2 | |
| – | minus 55.7% | minus 37.5% | minus 30.3% | |
| 617 | 250 | 931 | −287 | |
| −239 | −82.4 | −826 | 360 | |
| −63.0% | −49.1% | −786.3% | 492.8% | |
| 17.9 | 36.2 | −4.7 | −2.3 | |
| 1,938 | 834 | 849 | 222 | |
| 10 | 3.2 | 3 | 2.5 | |
| −32.2 | 0 | −34.2 | 3,314 | |
| −2,201 | −883 | −1,716 | 3,447 | |
| −2.8% | 0.0% | – | −0.1% | |
| −2,271 | −883 | −1,716 | 3,450 | |
| -2146.40 | -41.74 | -88.69 | 1034.87 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 212 | 212 | 33.3 | 33.3 | |
| −3,536 | −4,419 | −5,925 | 537 | |
| 3,106 | 3,107 | 3,095 | 98.2 | |
| 2,317 | 3,100 | 3,967 | 155 | |
| 2,098 | 1,999 | 1,170 | 824 | |
| 22.3 | 19.2 | 14.6 | 6.4 | |
| 4.6 | 4.6 | – | – | |
| 1.1 | 1.3 | 1.3 | 1.3 | |
| 30.2 | 20.7 | 2.3 | 3.7 | |
| 2,039 | 1,954 | 1,152 | 812 | |
| 2,098 | 1,999 | 1,170 | 824 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10 | −13 | −16.5 | 42.4 | |
| −10.7 | −0.9 | −15 | 16.7 | |
| 5.6 | 1.2 | 16.3 | −57.6 | |
| 4.9 | −12.7 | −15.2 | 1.5 | |
| – | −0.1 | −0 | −0 | |
| 10 | −13.1 | −16.5 | 42.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.