M AND B ENGINEERING LTD

MBEL · Defence · NSE

₹337

Current Market Price

Undervalued

Fair Value (DCF)

₹639

Margin of Safety

+89.5%

Updated 2d ago

DCF Sensitivity →

YieldIQ Score

72/100

Piotroski F-Score

7/9

Economic Moat

Narrow

Confidence

39%

ROE

Debt/Equity

0.19

WACC

11.1%

Market Cap

₹1,927 Cr

Quality & Valuation

Neutral model outputs — no recommendations.

ROCE

31.9%

Return on capital employed

EV / EBITDA

13.6×

Enterprise multiple

Debt / EBITDA

1.3×

Leverage vs earnings

Interest Coverage

7.4×

EBIT covers interest

Current Ratio

1.38×

Short-term liquidity

Asset Turnover

1.16×

Revenue per ₹ of assets

Revenue CAGR (3Y)

12.8%

3-year revenue growth

Revenue CAGR (5Y)

5-year revenue growth

DCF Scenario Analysis

vs CMP ₹337.24

Bear case

₹399.45

MoS +15.6%

Base case

₹639.15

MoS +47.2%

Bull case

₹832.9

MoS +59.5%

Ratio Trends

MBEL · last 4 annual periods

ROE

25.1%

min 11.2%max 25.1%

ROCE

26.3%

min 19.7%max 26.3%

Operating Margin

min max

Debt / Equity

0.62×

min 0.62×max 0.88×

PE

min max

EV / EBITDA

min max

Historical Financials

MBEL · Annual, last 4 years· amounts in ₹Cr unless noted

Metric2022202320242025CAGR
Revenue₹688 Cr₹880 Cr₹795 Cr₹989 Cr+12.8%
EBITDA₹48.6 Cr₹71.2 Cr₹88.2 Cr₹131 Cr+39.1%
EBIT
PAT₹16.3 Cr₹32.9 Cr₹45.6 Cr₹77.0 Cr+67.8%
EPS (diluted)
CFO₹36.7 Cr₹29.0 Cr₹5.7 Cr₹35.6 Cr-1.0%
CapEx₹-7.8 Cr₹-18.2 Cr₹-78.1 Cr₹-42.3 Cr
FCF₹28.9 Cr₹10.8 Cr₹-72.4 Cr₹-6.7 Cr
Total Assets₹547 Cr₹559 Cr₹633 Cr₹849 Cr+15.8%
Total Debt₹101 Cr₹150 Cr₹205 Cr₹191 Cr+23.5%
Shareholders' Equity₹145 Cr₹180 Cr₹233 Cr₹307 Cr+28.2%

CAGR computed across the visible window. Signs reverse if start value is zero or negative.

Peer Comparison

MBEL vs 5 closest peers by market-cap band

PeerMoSScoreVerdictROEPE
EMSLIMITED

EMS LIMITED

+38.4%66Undervalued18.8%
EPACKPEB

EPACKPEB

Pending16.8%
VIKRAN

VIKRAN

Pending16.6%
SIMPLEXINF

SIMPLEX INFRASTRUCTURES L

-30.3%26High Risk2.2%
INDIANHUME

INDIAN HUME PIPE CO. LTD.

+100.3%79Undervalued40.5%

Click a ticker to view its fair-value analysis.

Dividend History

No dividend events recorded for MBEL in the last 10 years.

AI Analysis Summary

MBEL.NS appears undervalued by 89.5%, with a standout strength in its high ROCE of 31.9%, but a concern is its narrow moat.

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Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.