MBL Infrast share price & results
- Jun 2026
- Sept 2026
Pan-India civil-engineering EPC contractor for roads & highways (construction, BOT and O&M), buildings/housing/urban infrastructure, and railway/metro works, with in-house quarrying, bitumen and concrete production.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 37.6 | +35.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 27.0 | +105.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -5.2 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -3.40 | +5.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 46.43 | +17.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 75.65 | +32.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −56.1% 1Y
1Y: ₹41.53 on 24 Oct 2025 → ₹18.25. High ₹42.41 (27 Oct 2025), low ₹17.39 (26 Oct 2026).
- Previous close
- ₹17.39
- Market cap
- ₹283 Cr
- 52-week range
- ₹17.39 – ₹42.41
- One year
- −56.97%
- Return on equity (TTM to Jun 2026)
- -3.40%
Overview
- Symbol
- NSE:MBLINFRA
- Sector
- Construction
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What MBL Infrast does
Based on the company's own presentations, annual report and earnings calls.
MBL Infrastructure builds and maintains public infrastructure as a prime EPC contractor to government bodies such as NHAI, MoRTH, DMRC and various state PWDs, covering roads and national highways, buildings/housing/urban infrastructure, and railway/metro civil works (ROBs, RUBs, depots). It also develops and operates highways under Build-Operate-Transfer (BOT) concessions, earning toll revenue over long-term agreements with central and state road agencies. The company runs an integrated in-house model spanning design & engineering, construction, quarrying, and bitumen & concrete production, supported by an owned fleet of construction equipment.
Segments
- Roads & Highways Construction/EPC
- Roads & Highways BOT Projects
- Roads & Highways O&M
- Building, Housing & Urban Infrastructure
- Railways/Metro & Other Infrastructure
- Business segments
- 5 (Roads & Highways EPC, BOT, O&M; Building/Housing/Urban Infra; Railways/Metro & Other Infra)
- States with executed projects
- 13 (Rajasthan, MP, UP, Delhi, Haryana, Uttarakhand, Assam, Bihar, Jharkhand, West Bengal, Maharashtra, Karnataka, Odisha & AP)
- BOT toll/annuity road concessions
- 2 — Bikaner-Suratgarh Section, NH-62, Rajasthan (170.266 km, toll, concession to Sep 2029) and Waraseoni-Lalbarra Road, MP (18.303 km, toll & annuity, concession to Aug 2028)
- Institutional/government clients served
- 17+ (NHAI, MoRTH, DMRC, SAIL, RVNL, CPWD, NBCC, MPRDCL, BSRDC, MES, RITES Ltd and others)
- Quality/HSE management certifications
- ISO 9001:2015 (quality), ISO 14001:2015 (environment), ISO 45001:2018 (health & safety)
- In-house capability divisions
- Design & engineering, construction, quarrying, and bitumen & concrete production (integrated model)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +58% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 30 | 31 | 28 | 74 | 51 | 52 | 38 |
| Expenses | 68 | 67 | 38 | 50 | 71 | 52 | 46 | 27 |
| Operating profit | -35 | -37 | -7 | -22 | 3 | -1 | 6 | 10 |
| Operating margin | −107.5% | −121.4% | −22.6% | −78.8% | 4.6% | −2.3% | 11.4% | 27.0% |
| Other income | 82 | 33 | 11 | 35 | 29 | 15 | 57 | 19 |
| Interest | 8 | 11 | 38 | 12 | 12 | 10 | 5 | 5 |
| Depreciation | 14 | 16 | 14 | 14 | 12 | 14 | 14 | 14 |
| Profit before tax | 24 | -31 | -48 | -12 | 8 | -10 | 44 | 11 |
| Tax rate | −0.0% | −0.1% | −1.3% | 0.1% | −0.1% | −1.4% | 119.2% | 148.0% |
| Net profit | 24 | -31 | -47 | -12 | 8 | -9 | -8 | -5 |
| EPS (₹ per share) | 1.99 | -2.56 | -3.87 | -0.82 | 0.50 | -0.61 | -0.55 | -0.34 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 159 | 122 | 128 | 205 |
| Expenses | 247 | 202 | 234 | 218 |
| Operating profit | -87 | -80 | -105 | -14 |
| Other income | 141 | 131 | 398 | 136 |
| Interest | 33 | 28 | 64 | 38 |
| Depreciation | 72 | 63 | 61 | 54 |
| Profit before tax | -51 | -39 | 169 | 30 |
| Net profit | -51 | -39 | 169 | -23 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 105 | 105 | 105 | 123 | 153 | 153 |
| Reserves | 732 | 681 | 642 | 826 | 821 | 803 |
| Borrowings | 1,204 | 1,139 | 1,036 | 955 | 956 | 988 |
| Other liabilities | 975 | 1,031 | 1,103 | 1,096 | 1,073 | 1,006 |
| Total liabilities | 3,016 | 2,956 | 2,886 | 3,000 | 3,003 | 2,950 |
| Fixed assets | 770 | 698 | 683 | 633 | 607 | 579 |
| Capital work in progress | 34 | 47 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 2,212 | 2,211 | 2,203 | 2,367 | 2,396 | 2,371 |
| Total assets | 3,016 | 2,956 | 2,886 | 3,000 | 3,003 | 2,950 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 34 | -16 | 77 | 48 | 40 | 82 |
| Cash from investing | -26 | -16 | -11 | 1 | -8 | 5 |
| Cash from financing | 3 | 52 | -74 | -57 | -38 | -54 |
| Net cash flow | 11 | 20 | -8 | -8 | -6 | 33 |
| Free cash flow | 8 | -33 | 63 | 47 | 37 | 82 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 91 | 124 | 287 | 344 | 321 | 215 |
| Inventory days | 38 | — | — | — | — | — |
| Days payable | 519 | — | — | — | — | — |
| Cash conversion cycle | -389 | 124 | 287 | 344 | 321 | 215 |
| Working capital days | -730 | -937 | -1018 | -1604 | -2193 | -1656 |
| Return on capital employed | 6.0% | 3.0% | 6.0% | 7.0% | 6.0% | 8.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 74.57% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 74.57%
- Foreign institutions 0.00%
- Domestic institutions 0.42%
- Public 25.01%
Who is on the register
Named in the Sep 2026 filing
Every holder of MBL Infrast above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 20.65% | unchanged | |
| 19.25% | unchanged | |
| 9.62% | unchanged | |
| 7.58% | unchanged | |
| 7.57% | unchanged | |
| 6.35% | unchanged | |
| 1.40% | unchanged | |
| 1.22% | unchanged | |
| 1.01% | unchanged | |
| 0.93% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for MBL Infrast
Free account: one company. Everything above stays public.
Write why you follow MBL Infrast and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Construction companies
- CH
CHAVDAChavda Infra Ltd - VP
VPRPLVishnu Prakash R Punglia Limited - ZO
ZODIACZodiac Energy Limited - DB
DBEILDeepak Builders & Engineers India Limited - SA
SABSAB INDUSTRIES LIMITED - AT
ATLANTAAATLANTAA LIMITED - BR
BRGILB.R.GOYAL INFRASTRUCTURE LIMITED - SG
SGFRLSuyog Gurbaxani Funicular Ropeways Limited
Learn to analyse MBL Infrast
Guides on how to read this kind of business and the numbers that matter.