Mcnally Bharat Engineering Company logo

Mcnally Bharat Engineering Company MD, chairman, board of directors and AGM

NSE: MBECLBSE: 532629ConstructionSmall Cap

Last close ₹387.75down ₹7.90 (2.00%)BSE ₹387.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹395.65.

Market cap
₹1,293 Cr3,340th largest listed
P/E
0.4
P/E without one-offs
Lossover the last 12 months
P/B
2.3
Dividend yield
Nonein the last 12 months
ROE
640.3%
ROE without one-offs
−38.8%
ROCE
−31.9%
Debt to equity
0.17
Volume, NSE
11

Mcnally Bharat Engineering Company board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonPartha Sarathi Bhattacharyya
  • Company Secretary and Compliance OfficerIndrani Ray

7 directors6 independent1 non-executive

  • Partha Sarathi Bhattacharyya · ChairpersonIndependent · joined Jan 2025 · 17 months as independent · 4 listed boards · 4 as independent · 4 committee seats, 3 as chair
  • Anil Kumar JhaIndependent · joined Jan 2025 · 17 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Pradip Kumar BishnoiIndependent · joined Jan 2025 · 17 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 1 as chair
  • Anuradha GuptaIndependent · joined Feb 2025 · 17 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Poonam SinghaniaNon-executive · joined Oct 2025 · 9 months as independent · 1 listed board
  • Mehar Chand ThakurIndependent · joined Oct 2025 · 8 months as independent · 1 listed board
  • Debidas DattaIndependent · joined Dec 2025 · 7 months as independent · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20267 of 7 present6 independent · 64 days in between
    • 24 Mar 20267 of 7 present6 independent · 31 days in between
    • 20 Feb 20267 of 7 present6 independent

  • Audit Committee

    Chair Partha Sarathi Bhattacharyya

    Anil Kumar Jha, Pradip Kumar Bishnoi, Anuradha Gupta

    • 28 May 20264 of 4 present4 independent · 64 days in between
    • 24 Mar 20264 of 4 present4 independent · 31 days in between
    • 20 Feb 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair Pradip Kumar Bishnoi

    Partha Sarathi Bhattacharyya, Anil Kumar Jha

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Anil Kumar Jha

    Partha Sarathi Bhattacharyya, Pradip Kumar Bishnoi, Anuradha Gupta

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s V Singhi & AssociatesPeer-review certificate valid to Feb 2027
1 earlier auditor
  • V Singhi & AssociateNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Mcnally Bharat Engineering Company AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mcnally Bharat Engineering Company dividend history

Annual general meeting, 25 Sep 2026

18,876 shareholders on the register on 18 Aug 2026; present: 1 promoter and 32 others; votes counted by Prakash Shaw / Prakash Shaw & Co..The company's voting result (opens in a new tab)

  1. (a) The audited financial statement of the Company for the financial year ended 31st March 2026, and the Reports of the Directors and the Auditors thereon and (b) the audited consolidated financial statement of the Company for the financial year ended 31st March 2026 and the Report of the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 91.58% · promoters 100.00% · institutions 0.00% · other public 29.00%

  2. To reappoint Ms. Poonam Singhania (DIN: 11307969), who retires by rotation and being eligible, offers herself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 91.58% · promoters 100.00% · institutions 0.00% · other public 29.00%

  3. To appoint M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 91.58% · promoters 100.00% · institutions 0.00% · other public 29.00%

  4. Approval for continuation of Directorship of Mr. Mehar Chand Thakur (DIN: 08648033) as a Non-Executive Independent Director of the Company upon his attaining the age of 75 years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 91.58% · promoters 100.00% · institutions 0.00% · other public 29.00%

  5. To approve the remuneration of the Cost Auditors for the financial year ending 31st March 2027.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 91.58% · promoters 100.00% · institutions 0.00% · other public 29.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 1 Dec 2025, 3 resolutions

19,924 shareholders on the register on 24 Oct 2025; votes counted by Prakash Shaw / Prakash Shaw & Co..The company's voting result (opens in a new tab)

  1. Appointment of Ms. Poonam Singhania (DIN: 11307969) as a Non-executive Non-independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.22% · promoters 100.00% · institutions 0.00% · other public 23.24%

  2. Appointment of Mr. Debidas Datta (DIN: 0229856) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.22% · promoters 100.00% · institutions 0.00% · other public 23.24%

  3. Appointment of Mr. Mehar Chand Thakur (DIN 08648033) as an Independent
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.22% · promoters 100.00% · institutions 0.00% · other public 23.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2025, 8 resolutions

19,924 shareholders on the register on 18 Sep 2025; present: 1 promoter and 33 others; votes counted by Prakash Shaw / Prakash Shaw & Co..The company's voting result (opens in a new tab)

  1. a) The audited financial statement of the Company for the financial year ended 31st March 2025, and the Reports of the Directors and the Auditors thereon and b) the audited consolidated financial statement of the Company for the financial year ended 31st March 2025 and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  2. To appoint Mr. Partha Sarathi Bhattacharyya (DIN: 00329479) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  3. To appoint Mr. Pradip Kumar Bishnoi (DIN: 00732640) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  4. To appoint Mr. Anil Kumar Jha (DIN: 03590871) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  5. To appoint Ms. Anuradha Gupta (DIN: 06658142) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 64.22% · promoters 100.00% · institutions 0.00% · other public 30.65%

  6. To approve the Shifting of Registered Office of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  7. To appoint of Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

  8. To approve the remuneration of the Cost Auditors for the financial year ending 31st March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 91.61% · promoters 100.00% · institutions 0.00% · other public 30.65%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2024, 3 resolutions

Present: 0 promoters and 45 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) The audited financial statement of the Company for the financial year ended 31st March 2024, and the Reports of the Directors and the Auditors thereon and (b) the audited consolidated financial statement of the Company for the financial year ended 31st March 2024 and the Report of the Auditors thereon.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 21.63% · promoters 0.00% · institutions 0.00% · other public 32.74%

  2. To consider non-declaration of dividend on Non-convertible Redeemable Preference Shares for the Financial Year ended 31st March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 21.62% · promoters 0.00% · institutions 0.00% · other public 32.73%

  3. To approve the remuneration of the Cost Auditors for the financial year ending 31st March 2025
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 21.62% · promoters 0.00% · institutions 0.00% · other public 32.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 31 Aug 2023, 5 resolutions

Present: 6 promoters and 39 others.The company's voting result (opens in a new tab)

  1. The audited financial statement of the Company for the financial year ended 31stMarch 2023, and the Reports of the Directors and the Auditors thereon and (b) the audited consolidated financial statement of the Company for the financial year ended 31st March 2023 and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.85%

    Turnout: all 23.33% · promoters 71.14% · institutions 0.00% · other public 0.01%

  2. To consider non-declaration of dividend on Non-convertible Redeemable Preference Shares for the Financial Year ended 31st March 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.81% · promoters 71.14% · institutions 0.00% · other public 31.98%

  3. To appoint a Director in place of Mr. Aditya Khaitan (DIN: 00023788) who retires by rotation and, being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.81% · promoters 71.14% · institutions 0.00% · other public 31.98%

  4. To approve continuation of directorship of Mr. Asim Kumar Barman (DIN 02373956) Non-executive Independent Director beyond the age of 75 years in his current tenure.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.85%

    Turnout: all 23.33% · promoters 71.14% · institutions 0.00% · other public 0.01%

  5. To approve the remuneration of the Cost Auditors for the financial year ending 31st March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.81% · promoters 71.14% · institutions 0.00% · other public 31.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 18 Mar 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. To approve continuation of directorship of Mr. Nilotpal Roy (DIN 00087298) as non-executive Independent Director beyond the age of 75 years in his current tenure.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 44.49% · promoters 84.12% · institutions 0.00% · other public 25.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Dec 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Srinivash Singh (DIN 00789624) as Managing Director of the Company for a period of 3 (three) consecutive years with effect from December 14, 2022
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 45.04% · promoters 85.39% · institutions 0.00% · other public 25.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 7 Sep 2022, 4 resolutions

Present: 9 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the audited financial statements of the Company for the financial year ended March 31, 2022, and the Reports of the Directors and the Auditors thereon and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2022 and the Report of the Auditors thereon.MoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 54.42% · promoters 100.00% · institutions 0.00% · other public 36.71%

  2. To consider non-declaration of dividend on Non-convertible Redeemable Preference Shares for the Financial Year ended 31st March 2022
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 54.42% · promoters 100.00% · institutions 0.00% · other public 36.71%

  3. To appoint a Director in place of Mr. Aditya Khaitan (DIN: 00023788) who retires by rotation and, being eligible, has sought for his re-appointment, provided that pursuant to Section 17 of the Code, his powers as a Director shall stand suspended during the continuance of the CIRP ProcessMoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 54.42% · promoters 100.00% · institutions 0.00% · other public 36.71%

  4. To approve the remuneration of the Cost Auditors for the financial year ending 31st March 2023
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 54.42% · promoters 100.00% · institutions 0.00% · other public 36.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.