Industrials
M & B Engineering Limited (mbel) Q2fy27: Highest-ever Quarterly Earned and Record Half-yearly Revenue
M & B Engineering Limited (MBEL) reports highest-ever quarterly earned and highest half-yearly revenue for Q2FY27 and H1FY27.
M & B Engineering Limited (MBEL) has announced its consolidated financial results for the quarter ended and half year ended 30 Sep 2026, marking the highest-ever quarterly earned and the highest half-yearly revenue in the company’s history. The focus keyword ‘M & B Engineering Limited MBEL Q2FY27 Results’ highlights the exceptional financial performance. In Q2FY27, revenue from operations stood at ₹385 crore, a 25.4% year-on-year growth compared to ₹307 crore in Q2FY26. The Profit After Tax (PAT) increased by 32.8% year-on-year to ₹29 crore. For the half-year ended, revenue from operations reached ₹676 crore, a 24.1% year-on-year growth compared to ₹545 crore in H1FY26, with PAT increasing by 28.0% year-on-year to ₹51 crore.
Operational Performance
The operational performance in Q2FY27 was robust with an order book of ₹1,109 crore, showing a 19.2% year-on-year growth. The export revenue for Q2FY27 was ₹67 crore, marking a 25.00% year-on-year growth. For the half-year ended, export revenue was ₹95 crore, reflecting a significant 68.1% year-on-year growth. The company’s strategic expansion, including the commencement of Phase-I of the Sanand brownfield expansion, has positioned MBEL for continued growth and profitability.
Management Commentary
Mr. Malav Patel, Joint Managing Director of M & B Engineering Limited, expressed his satisfaction with the company’s performance: ‘We are pleased to report our highest-ever quarterly earned in any quarter and highest ever half-yearly revenue earned during the first half.’ He further added that the company remains confident of delivering over 25% revenue growth in FY27 and targeting over 20% CAGR over the next three to four years.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of M & B Engineering Limited
M & B Engineering Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
M falls 9.7% over three months and has not found a floor yet. The PEG of 0.56 signals undervaluation relative to growth. It is a potential re-rating candidate. Thin margins at 7.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gains 14.1% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Both the business and the stock move in the right direction. Revenue grows at 12.7%, profits at 41.2%, and the PEG sits at 0.56 — below its growth rate. That combination is rare. Check Fundamentals of M & B Engineering Limited.
Industrials
Tega Industries Limited (tega) Q2 FY27: Revenue Up 18%, Adjusted Ebitda Rises 10%
Tega Industries Limited (TEGA) reports a 18% revenue increase and a 10% rise in adjusted EBITDA for Q2 FY27.
Tega Industries Limited (TEGA) has announced its financial results for Q2 FY27, showing a robust performance across various segments. The company’s total revenue stood at Rs 42,947 million, marking a 18% year-over-year increase. The consumables division, a key driver of growth, reported a 30% year-over-year rise in revenue, contributing significantly to the overall performance.
Consumables Division
The consumables segment experienced a notable surge, with revenue up by 30% year-over-year to Rs 37,963 million. The adjusted EBITDA for this division increased by 42%, reaching Rs 22.4 million. This growth is attributed to higher volumes and improved operational efficiencies.
Equipment Division
In contrast, the equipment division faced a decline, with revenue decreasing by 182 million to Rs 6,081 million. However, the company secured a significant order worth Rs 1260 million, expected to be executed within the next 14 months. This order is anticipated to bolster future revenue streams.
Overall Financial Performance
The total adjusted EBITDA for TEGA was Rs 937 million, a 10% increase from the previous year. The adjusted PAT for the period was Rs 158 million, reflecting the company’s ability to manage costs effectively despite the challenges in the equipment segment. The company’s order book, excluding grinding media, stood at Rs 13,976 million, up by 21% year-over-year, indicating strong future demand.
Tega Industries Limited remains optimistic about its future growth trajectory, driven by strategic initiatives and market opportunities.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Tega Industries Limited
Tega Industries Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Tega rises 18.6% over three months, with buying pressure holding steady. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. Buyers show up with 2.6x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. The stock rises 18.6% in three months on 11.8% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Tega Industries Limited.
Industrials
Interarch Building Solutions Limited (interarch) Q2 FY27: Revenue Up 2.9%, Ebitda Flat
Interarch Building Solutions Limited (INTERARCH) reports Q2 FY27 revenue up 2.9% to INR 505 Cr, EBITDA flat at INR 42 Cr.
Interarch Building Solutions Limited (NSE: INTERARCH), a leading player in the Pre-Engineered Building (PEB) industry, announced its unaudited financial results for the quarter and half year ended 30th September 2026. The company reported a steady performance in Q2 FY27, in line with expectations. Revenue from operations increased by 2.9% year-on-year to INR 505 Cr in Q2 FY27, compared to INR 491 Cr in Q2 FY26. EBITDA (excluding other income) remained flat at INR 42 Cr in Q2 FY27. EBITDA margin for the quarter stood at 8.3% as against 8.5% in Q2 FY26.
Half-Year Financial Highlights
For H1 FY27, revenue and EBITDA grew 10.7% year-on-year to INR 965 Cr and INR 81 Cr, respectively. Profit After Tax (PAT) declined marginally by 2.8% and stood at INR 59 Cr in H1 FY27. The company’s order book as of October 31, 2026, stood at an all-time high of INR 2,011 Cr, providing strong revenue visibility.
Strategic Initiatives
During the first half of FY27, Interarch commissioned Phase 1 of their PEB facility at Kheda, Gujarat, and Phase 1 of their Heavy Steel Structures facility in Andhra Pradesh. These capacity additions will further enhance their manufacturing capabilities and strengthen their ability to undertake larger and more complex projects. The company expects execution momentum to improve in the second half, supported by their strong order book, healthy enquiry pipeline, and expanded capacities.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Interarch Building Solutions Limited
Interarch Building Solutions Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
Interarch falls 13.1% over three months and has not found a floor yet. Thin margins at 6.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 19.2% and profits at 18.2% CAGR. That is strong double-digit growth on both counts. The stock sits at 5% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 19.2% and profits at 18.2% CAGR. However, the stock falls 13.1% in three months and RSI hits 33. The fundamentals argue for patience. The price action argues for caution. Your time horizon decides which wins. Check Fundamentals of Interarch Building Solutions Limited.
Industrials
Schneider Electric Infrastructure Limited (schneider): Robust Orders and Strong Sales Define H1 FY27
Schneider Electric Infrastructure Limited (SCHNEIDER) reports robust orders and strong sales for H1 FY27, with a 24.7% YoY increase in order intake.
Schneider Electric Infrastructure Limited (SEIL), a part of Schneider Electric Group, announced its financial results for the second quarter and half year of FY27, ended 30th September 2026. SEIL recorded its highest-ever quarterly order intake of INR 1,265 crores in Q2’FY27, ahead of the previous high of INR 915 crores in Q1’FY27. Demand remained strong across established segments and emerging ones, such as data centres and semiconductors. For H1’FY27, order intake was INR 2,180 crores, up 24.7% year-on-year. The order backlog stood at INR 2,701 crores as of 30th September 2026, up 49.6% year-on-year.
Sales Growth
Sales for Q2’FY27 was INR 779 crores, up 19.8% year-on-year and 19.6% over Q1’FY27. The conversion of order wins into sales is progressing well, and project execution has picked up. Sales for H1’FY27 stood at INR 1,430 crores, up 12.5% year-on-year.
Profitability
EBIT for Q2’FY27 was INR 56 crores, compared with INR 72 crores in the corresponding quarter of the previous year. EBIT for H1’FY27 was INR 64 crores, compared with INR 130 crores in H1’FY26. Profitability remains lower than last year due to commodity price volatility and the lag in passing on higher input costs on certain legacy orders. Margins are improving sequentially as the Company executes orders booked at current cost levels.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Schneider Electric Infrastructure Limited
Schneider Electric Infrastructure Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.
Schneider falls 9.5% over three months and has not found a floor yet. The PEG stands at 7.60 — severely stretched. Any earnings miss could trigger a sharp de-rating. Thin margins at 6.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 1.7x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises -9.5% in three months on 17.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Schneider Electric Infrastructure Limited.
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