MBEL
M & B Engineering Limited, an engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components. The company manufactures structural steel components for projects, including construction of bridges, flyovers, power plant structures, and other industrial applications. It serves general engineeri… Read more
MBEL (MBEL) - Net Assets
Latest net assets as of September 2025: ₹5.95 Billion INR
Based on the latest financial reports, MBEL (MBEL) has net assets worth ₹5.95 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹10.14 Billion) and total liabilities (₹4.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹5.95 Billion |
| % of Total Assets | 58.67% |
| Annual Growth Rate | 28.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.44 |
MBEL - Net Assets Trend (2022–2025)
This chart illustrates how MBEL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MBEL (2022–2025)
The table below shows the annual net assets of MBEL from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹3.07 Billion | +31.54% |
| 2024-03-31 | ₹2.33 Billion | +29.79% |
| 2023-03-31 | ₹1.80 Billion | +23.52% |
| 2022-03-31 | ₹1.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MBEL's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 106.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.53 Billion | 82.68% |
| Common Stock | ₹500.00 Million | 16.31% |
| Other Components | ₹30.85 Million | 1.01% |
| Total Equity | ₹3.07 Billion | 100.00% |
MBEL Competitors by Market Cap
The table below lists competitors of MBEL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nh Prime Reit Co Ltd
KO:338100
|
$29.62K |
|
KINGSOFT
BE:3K1
|
$29.70K |
|
Sqs Software Quality Systems Ag
XETRA:SQS
|
$29.70K |
|
PVI Holdings
VN:PVI
|
$29.73K |
|
HT5 N LTD
SW:HT5
|
$29.60K |
|
Predilife SA
F:0GA
|
$29.60K |
|
Bhanero Textile Mills Ltd
KAR:BHAT
|
$29.59K |
|
SMFT3F
SA:SMFT3F
|
$29.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MBEL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,330,320,000 to 3,065,340,000, a change of 735,020,000 (31.5%).
- Net income of 770,470,000 contributed positively to equity growth.
- Other factors decreased equity by 35,450,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹770.47 Million | +25.13% |
| Other Changes | ₹-35.45 Million | -1.16% |
| Total Change | ₹- | 31.54% |
Book Value vs Market Value Analysis
This analysis compares MBEL's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.06x to 5.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | ₹25.39 | ₹280.75 | x |
| 2023-03-31 | ₹31.59 | ₹280.75 | x |
| 2024-03-31 | ₹40.78 | ₹280.75 | x |
| 2025-03-31 | ₹53.64 | ₹280.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MBEL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.79%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 2.77x
- Recent ROE (25.13%) is above the historical average (18.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 11.24% | 2.37% | 1.26x | 3.77x | ₹18.04 Million |
| 2023 | 18.22% | 3.74% | 1.58x | 3.10x | ₹148.41 Million |
| 2024 | 19.58% | 5.74% | 1.26x | 2.72x | ₹223.31 Million |
| 2025 | 25.13% | 7.79% | 1.16x | 2.77x | ₹463.94 Million |
Industry Comparison
This section compares MBEL's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,288,557
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MBEL (MBEL) | ₹5.95 Billion | 11.24% | 0.70x | $29.61K |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $18.39 Million |
| ABINFRA (ABINFRA) | $815.46 Million | 14.00% | 0.92x | $1.98K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $518.63 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $17.98 Billion | 11.24% | 1.06x | $202.86 Million |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $166.24 Million |
| Atal Realtech Limited (ATALREAL) | $377.12 Million | 5.69% | 0.53x | $2.54K |
| AXISCADES Technologies Limited (AXISCADES) | $3.44 Billion | -1.52% | 1.63x | $262.35 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $119.54 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $5.24 Billion | 5.25% | 1.89x | $42.74 Million |