What we do McNally Bharat Engineering Company Limited specializes in turnkey engineering projects in power, steel, alumina, mineral beneficiation, coal washing, and material handling sectors in India. |
Founded in 1,961 |
Market share Leading engineering company with significant presence in India's core infrastructure and heavy industry sectors. |
Problem solved Addresses complex engineering challenges in industrial construction, material handling, and environment management to enhance operational efficiency and infrastructure development. |
Top clients or who we serve Serves large public and private sector clients including NTPC, SAIL, BHEL, Hindalco, and various power and mining companies; primarily B2B. |
Key management - |
Our journey and innovations Pioneered India's longest cross-country conveying system; developed first indigenous mineral beneficiation and coal washery plants; expanded through strategic joint ventures and acquisitions. |
Where we operate Primarily operates in India with limited overseas subsidiaries focused on mineral technologies. |
Top products or what we offer Turnkey engineering for power plants, steel plants, coal handling, mineral beneficiation, ash handling systems, port cranes, and water supply projects. |
Top brands - |
Raw materials needed Steel, mechanical components, electronic controls, and construction materials relevant to industrial infrastructure projects. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues are largely project-based and cyclical, tied to industrial investment cycles. |
Our industry position One of India's leading engineering firms in niche sectors like material handling and mineral processing with established project execution capabilities. |
Financial highlights 2024-25 revenue: ₹105 crores; net loss: ₹1716 crores due to financial distress and restructuring under CIRP. |
Geographical revenue split Revenue predominantly from India (100%), negligible from outside India. |
Order book - |
Whats driving growth New management and resolution plan under CIRP aimed at business restructuring; demand recovery in infrastructure sectors expected to boost growth. |
Our future plans Focus on completing resolution plan compliance, operational restructuring, and expanding turnkey projects post financial stabilization. |
Our green promise Committed to safety, occupational health, and environmental standards including ISO certifications; energy conservation practices in place. |
Our people and values Employs over 330 people with emphasis on safety culture and employee training in occupational health and environment management. |
Key challenges ahead Financial restructuring challenges, liquidity constraints, and industrial slowdown impact project execution and profitability. |
Interesting facts Built India's longest cross-country conveyor in 1968; first Indian dense phase pneumatic conveying system provider; recognized for best safety practices. |
Risks and strategy Risks from financial distress and slow market recovery; strategy to leverage new promoters' capital infusion and operational reforms for turnaround. |
