M & B Engineering (NSE:MBEL) Days Payable: 79.25 (As of Mar. 2026) — 14% Below Median


NSE:MBEL M & B Engineering Ltd NSE:MBEL
18 GF Score
Price ₹319.15
! 2 Warning Signs
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What is M & B Engineering Days Payable?

M & B Engineering NSE:MBEL +2.74% 18 Days Payable is 79.25 as of Mar. 2026, which is 14% below its 10-year median of 91.66. GuruFocus rates NSE:MBEL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, M & B Engineering ranks better than 55.47% on this metric.

M & B Engineering's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,138 Mil. M & B Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,462 Mil. Hence, M & B Engineering's Days Payable for the three months ended in Mar. 2026 was 79.25.

The historical rank and industry rank for M & B Engineering's Days Payable or its related term are showing as below:

NSE:MBEL' s Days Payable Range Over the Past 10 Years
Min: 72.25   Med: 91.66   Max: 148.39
Current: 86.44

During the past 5 years, M & B Engineering's highest Days Payable was 148.39. The lowest was 72.25. And the median was 91.66.

NSE:MBEL's Days Payable is ranked better than
55.47% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs NSE:MBEL: 86.44

M & B Engineering's Days Payable declined from Mar. 2025 (87.72) to Mar. 2026 (79.25). It may suggest that M & B Engineering accelerated paying its suppliers.


M & B Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for M & B Engineering's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

M & B Engineering Days Payable Chart

M & B Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
148.39 91.66 72.25 86.48 95.02

M & B Engineering Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 87.72 129.89 73.46 60.78 79.25

NSE:MBEL vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, M & B Engineering's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M & B Engineering Days Payable vs Construction Industry

For the Construction industry and Industrials sector, M & B Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where M & B Engineering's Days Payable falls into.


NSE:MBEL
18GF Score
M & B Engineering Ltd NSE:MBEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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M & B Engineering Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

M & B Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2266.43 + 2138.002) / 2 ) / 8459.223*365
=2202.216 / 8459.223*365
=95.02

M & B Engineering's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 2138.002) / 1 ) / 2461.748*365 / 4
=2138.002 / 2461.748*365 / 4
=79.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 79.25 mean?
M & B Engineering (NSE:MBEL) has a Days Payable of 79.25 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on M & B Engineering and its competitors. This is 14% below median its historical median of 91.66. Over the past decade, M & B Engineering's Days Payable has ranged from 72.25 to 148.39. According to the industry distribution chart, M & B Engineering ranks #761 out of 1709 companies in the Construction industry, placing it in the top 44.5%.
Is M & B Engineering's Days Payable too high?
M & B Engineering's current Days Payable of 79.25 is 14% below median its 10-year median of 91.66. Over the past 10 years, this metric has ranged from a low of 72.25 to a high of 148.39. The Construction industry median Days Payable is 76.72. M & B Engineering's value of 79.25 is 3.3% above this industry median. Based on the distribution chart, M & B Engineering ranks #761 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, M & B Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does M & B Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, M & B Engineering ranks #761 out of 1709 companies for Days Payable. This puts M & B Engineering in the upper half of its industry. The industry median Days Payable is 76.72. M & B Engineering's value of 79.25 is 3.3% above this benchmark. Historically, M & B Engineering's own Days Payable has ranged from 72.25 to 148.39 over the past decade. While the company's 10-year median is 91.66 vs. the industry median of 76.72, M & B Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M & B Engineering's current Days Payable of 79.25 is 3.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on M & B Engineering and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M & B Engineering's current Days Payable is 79.25, which is 14% below median its own 10-year median of 91.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & B Engineering stock overvalued right now?
M & B Engineering (NSE:MBEL) has a current Days Payable of 79.25. The current Days Payable is 79.25, which is 14% below median its 10-year median of 91.66 and 3.3% above the Construction industry median of 76.72. M & B Engineering's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For M & B Engineering (NSE:MBEL), the current Days Payable is 79.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

M & B Engineering Business Description

Other Exchanges 544470:India
Address Stadium Road, MB House, 51, Chandrodaya Society, Post Navjivan, Ahmedabad, GJ, IND, 380 014
M & B Engineering Ltd is one of India's Pre-Engineered Buildings (PEBs) players. Its business is structured into Phenix division which provides comprehensive solutions for PEBs and complex structural steel components; and Proflex division which provides self-supported steel roofing solutions. The Company offers its customers comprehensive turn-key solutions which includes project design, engineering, manufacturing and erection in accordance with customer requirements across industrial and infrastructure segments. It has delivered solutions for its customers engaged in diverse sectors including general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railways.
18GF Score

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