M & B Engineering Limited

Manufactures and installs pre-engineered buildings and self-supported steel roofing systems.

1981 | Ahmedabad, Gujarat (India) | Active
Last Updated: September 08, 2024

M & B Engineering Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 50.00 Cr
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 599.83 Cr
  • Satisfied Charges ₹ 99.35 Cr
  • Revenue Growth -7.52%
  • Profit Growth 21.37%
  • Ebitda 12.03%
  • Net Worth 24.59%
  • Total Assets 12.52%

About M & B Engineering

M & B Engineering Limited (MBEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 June 1981 and has a history of 43 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Manibhai And Brothers (Construction) Private Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 50.00 Cr.

The company currently has active open charges totaling ₹599.83 Cr. The company has closed loans amounting to ₹99.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at M & B Engineering Limited India are Palak Parekh as Company Secretary, Keyur Shah as Cfo, Mayur Patel as Ceo, and One other members. Sanjay Majmudar, Hemant Modi, Chirag Patel, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200GJ1981PLC004437

  • Company No.

    004437

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1981

  • Date of AGM

    06 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does M & B Engineering Limited offer?

M & B Engineering Limited offers a wide range of products and services, including Roofing and False ceiling, Roof Tiles, Metal Roofing Sheet, Metal Structures, Steel Roofing Structures, Plant & Equipment Erection Services, Roof Ventilators, Turbo Ventilator, Metal Products, Metal Profiles.

Who are the key members and board of directors at M & B Engineering?

Executive Team (6)

NameDesignationAppointment DateStatus
Malav Patel Country flag representing In Managing Director01-Mar-2001Current
Chirag Patel Country flag representing In Managing Director01-May-1993Current
Palak Parekh Company Secretary10-Apr-2024Current
Keyur Shah CFO10-Apr-2024Current
Mayur Patel CEO29-May-2024Current
Pankaj Naresh CEO29-May-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Subir Das Country flag representing In Director 10-Apr-2024Current
Sanjay Majmudar Country flag representing In Director 01-Apr-2011Current
Hemant Modi Country flag representing In Director 05-Apr-2024Current
Vipinbhai Patel Country flag representing In Director 31-Dec-1984Current
Girishbhai Patel Country flag representing In Whole-Time Director 31-Dec-1984Current
Udayan Choksi Country flag representing In Director 11-May-2024Current

Financial Performance of M & B Engineering.

M & B Engineering Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 7.52% decrease. The company also saw a substantial improvement in profitability, with a 21.37% increase in profit. The company's net worth Soared by an impressive increase of 24.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.52%
Revenue from Operations
-8.32%
Total Assets
12.52%
Profit or Loss
21.37%
Net Worth
24.59%
EBITDA
12.03%

What is the Ownership and Shareholding Structure of M & B Engineering?

In 2024, M & B Engineering had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹599.83 Cr

Satisfied Charges

₹99.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 422.00 Cr
  • Standard Chartered Bank : 96.80 Cr
  • Standard Chartered Bank (Acting As An Security Agent) : 33.00 Cr
  • Axis Bank Ltd. : 25.00 Cr
  • Bank Of Baroda : 23.03 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Standard Chartered Bank₹20.00 CrOpen
05 Jan 2024Others₹20.00 CrOpen
16 Mar 2022Standard Chartered Bank₹20.00 CrOpen
09 Apr 2020Others₹12.00 CrOpen
23 Jul 2012Standard Chartered Bank₹33.00 CrOpen

How Many Employees Work at M & B Engineering?

M & B Engineering has a workforce of 1212 employees as of Sep 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M & B Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped M & B Engineering's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on M & B Engineering

Recent activity within the organization

  • Annual General Meeting

    M & B Engineering Limited last Annual general meeting of members was held on 06 Jun 2024 as per latest MCA records.

    06 Jun 2024

  • Director Appointment

    Mayur Satishbhai Patel was appointed as a Ceo was appointed as a Ceo on 29 May 2024 & has been associated with this company since 8 months 3 days .

    29 May 2024

  • Director Appointment

    Pankaj Naresh was appointed as a Ceo was appointed as a Ceo on 29 May 2024 & has been associated with this company since 8 months 3 days .

    29 May 2024

  • Charges

    A charge with Others of Rs. 390.00 Cr registered on 06 Sep 2007 with Charge ID 10073163 was modified on 23 May 2024.

    23 May 2024

  • Director Appointment

    Udayan Dileep Choksi was appointed as a Director was appointed as a Director on 11 May 2024 & has been associated with this company since 8 months 21 days .

    11 May 2024

  • Director Appointment

    Sonal Vimal Ambani was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 9 months 10 days .

    22 Apr 2024

Frequently asked questions

  • M & B Engineering Limited was incorporated on 16 Jun 1981.

  • The authorized share capital of M & B Engineering Limited is ₹ 80.00 Cr and paid-up capital is ₹ 50.00 Cr.

  • Currently 16 directors are associated with M & B Engineering Limited.

    • Palak Dilipbhai Parekh
    • Keyur Bachubhai Shah
    • Sanjay Shaileshbhai Majmudar
    • Hemant Ishwarlal Modi
    • Chirag Hasmukhbhai Patel
    • Malav Girishbhai Patel
    • Vipinbhai Kantilal Patel
    • Girishbhai Manibhai Patel
    • Udayan Dileep Choksi
    • Subir Kumar Das
    • Sonal Vimal Ambani
    • Birju Maheshbhai Patel
    • Aditya Vipinbhai Patel
    • Birva Chiragbhai Patel
    • Mayur Satishbhai Patel
    • Pankaj Naresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of M & B Engineering Limited is Mb House 51 Chandrodaya Society Opp Golden Triangle Stadium Road Post Navjivan, Ahmedabad, Gujarat, India, 380014.

  • The corporate identification number (CIN) of M & B Engineering Limited is U45200GJ1981PLC004437 and the company number is 004437 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M & B Engineering Limited is https://www.mbproflex.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for M & B Engineering Limited has fallen by -7.52%.

  • As Per 2024 financial reports, 1212 employees are currently employed by M & B Engineering Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of M & B Engineering Limited has experienced an upsurge of 24.59%.

  • As per the financial statements for fiscal Year 2024, The total open charges for M & B Engineering Limited amount to ₹ 599.83 Cr.

  • The most recent Balance Sheet for M & B Engineering Limited was filed with the ROC on 31 Mar 2024.

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