M&B Engineering Approves ₹30 Crore Sanand Heavy Structural Steel Expansion

Q1 FY27 Consolidated Results YoY: Revenue at 291 Cr vs 238 Cr, up 22.5%. EBITDA at 35.8 Cr vs 33.7 Cr, up 6.2%. EBITDA Margin at 12.3% vs 14.2%, contraction of 190bps; other expenses grew 56.5% vs revenue growth of 22.5%. PAT at 21.9 Cr vs 17.9 Cr, up 22.0%. Orders on hand stood at 1,053 Cr, up 24.9%, including 278 Cr of export orders. Management guided FY27 revenue growth of over 25%. Context: raised from the earlier 23-25% range. Board approved a 30 Cr Sanand expansion adding 10,000 MTPA heavy structural steel capacity, commissioning by Q1 FY28.