M&B Engineering Limited has submitted the transcript of earnings call held on 10th August, 2026

M&B Engineering Ltd. Registered Office: ‘MB House', 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380 014, Gujarat, India CIN: L45200GJ1981PLC004437 I T: +91 79 2640 5563/ 2646 1314 | E: info@mbphenix.com / info@mbproflex.com Web.: www.mbel.in 14th August, 2026 To, To National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400051 S ymbol: MBEL Script Code: 544470 Dear Sir/Madam, Sub.: Compliance under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015– Transcript of Earnings Conference Call for the Quarter ended 30th June, 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Conference Call for the Quarter ended 30th June, 2026 held on Monday, 10th August, 2026 at 4:00 P.M. (IST). The aforesaid information is also being hosted on the Company's website at https://www.mbel.in/investors You are requested to take the same on record. Thanking you, Yours faithfully, for M & B ENGINEERING LIMITED PALAK DILIPBHAI PAREKH COMPANY SECRETARY & COMPLIANCE OFFICER (M. No. F10209) “M&B Engineering Limited Q1 FY27 Earnings Conference Call” August 10, 2026 MANAGEMENT: MR. CHIRAG PATEL – JOINT MANAGING DIRECTOR MR. MALAV PATEL – JOINT MANAGING DIRECTOR MR. SANJAY MAJMUDAR – DIRECTOR MR. KEYUR SHAH – CHIEF FINANCIAL OFFICER MODERATOR: MS. KRISHNA PATEL – EY Page 1 of 18 M&B Engineering Limited August 10, 2026 Moderator: Ladies and gentlemen, good day and welcome to the M&B Engineering Limited Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Krishna Patel from EY. Thank you and over to you ma'am. Krishna Patel: Thank you Avirath and good evening, everyone. Welcome you all to M&B Engineering Limited's Q1 \FY27 Earnings Conference Call. To take us through the results and to answer your questions, we have with us the management of M&B Engineering represented by Mr. Chirag Patel, the Joint Managing Director, Mr. Malav Patel, Joint Managing Director, Mr. Sanjay Majmudar, Director, and Mr. Keyur Shah, the Chief Financial Officer. Before we begin, I would like to remind you that certain statements made during this call may constitute forward-looking statements. These statements are based on management's current expectations and are subject to risk and uncertainties that could cause actual results to differ materially from those expressed or implied. Please also note that the audio recording and the transcript of this call are the property of the company and may not be copied, reproduced, rebroadcasted, redistributed in any form without the consent, prior consent of the company. With that, I would like to hand over the call to Mr. Malav Patel for his opening remarks. Thank you and over to you sir. Malav Patel: Thank you, Krishna. Good evening, everyone and welcome to M&B Engineering Limited's earning conference call to discuss our performance for the first quarter of FY27. Our financial results and investor presentation have already been filed with the Stock Exchanges and uploaded on the company's website as well. I trust you have had an opportunity to review the same. I will begin by covering the key business developments and operational highlights for the quarter, following which our CFO, Mr. Keyur Shah, will take you through the financial performance in detail. As most of you are aware, M&B operates through two divisions, Phenix which undertakes pre- engineered buildings and heavy structural steel, and Proflex which specializes in self-supported steel roofing. I am pleased to share that both divisions continue to demonstrate strong and sustainable growth potential. This momentum is reflected in our Q1 performance, with consolidated revenue from operations growing by approximately 23% year on year. Our order book also remained robust across two divisions. Order on hand stood at INR1,053 crores at the end of Q1FY27, representing approximately 25% year on year growth. Proflex contributed INR216 crores or 21%, while Phenix accounted for INR837 crores or 79% of the total order book. Within the Phenix order book, export orders outstanding stood at INR278 crores, which is scheduled for execution during the current fiscal year. This export order book Page 2 of 18 M&B Engineering Limited August 10, 2026 includes the large order that we announced in October of 2025. All necessary approvals for this order have been received in Q1 of FY27, which shall enable us to deliver the same in totality over the next three quarters. To add, we have already dispatched about 28% of this order till date. We continue to witness healthy inquiry levels and a strong pipeline of opportunities across both domestic and international markets. We remain confident of converting several of these opportunities during the year. The strength of our order book reflects the growing adoption of pre-engineered buildings and the continuing shift from conventional construction methods towards faster, more efficient steel-based solutions. Our Sanand facility is currently operating at optimal utilization levels. As announced earlier, the brownfield expansion of this facility involving an additional capacity of 20,000 tons per annum is at an advanced stage of implementation and is expected to be commissioned in October 2026. This expansion will increase Sanand's PEB capacity from the current 72,000 tons per annum to 92,000 tons per annum. We expect to begin realizing the benefits of this additional capacity during Q3 and Q4 of this current financial year. I am also pleased to announce that the board has approved an additional capacity expansion in the heavy structural steel segment at our Sanand plant. India's data center expansion is creating a USD12 to USD14 billion addressable opportunity for steel intensive construction over the next five years, supported by approximately USD60 to USD70 billion of announced investments in our nation. A similar opportunity is emerging in high-rise construction, where developers are increasingly adopting steel to accelerate project timelines without compromising structural strength, safety, or scalability. These projects require a hybrid construction approach that combines pre- engineered building systems with heavy structural steel. This combination brings together speed of execution, high load-bearing capacity, design flexibility, and the ability to support future expansion. Our dual capability in PEB and heavy structural steel enables M&B to provide comprehensive end-to-end steel construction solutions. It further strengthens our positioning across data centers, high-rise buildings, and other complex heavy structural applications. To capitalize on this structural shift, M&B is investing INR30 crores in a fully automated heavy structural steel processing line at the Sanand facility. The new line will add another 10,000 tons to our existing heavy structural capacity of 12,000 tons. It is expected to become operational by Q1 of FY28. This investment will significantly enhance our ability to deliver complex steel structures with greater speed, precision, quality, and consistency. As demand for this application gathers momentum, the company will continue to evaluate and undertake incremental investments to remain ahead of the market. Page 3 of 18 M&B Engineering Limited August 10, 2026 Another important milestone during the period was the receipt of AISC certification for our South Indi [Showing first 8,000 characters — download PDF for full document]