MBL Infrastructure Ltd has reported a net profit of ₹169.6 crore in FY25, marking a major turnaround after years of losses and insolvency proceedings. The company had earlier posted losses of ₹39.2 crore in FY24 and ₹50.5 crore in FY23.
The recovery comes after the successful implementation of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC), 2016. Approved by the National Company Law Tribunal (NCLT), the plan became effective in September 2024. With the revival, all bank accounts of the company have been classified as “standard”.
Founded in 1995 and listed on BSE and NSE since 2010, MBL Infrastructure is involved in building roads, highways, housing, rail, metro and other infrastructure projects. The company has executed major projects across multiple states including Delhi, Rajasthan, Madhya Pradesh, Bihar, Assam, and Maharashtra.
MBL is known for being one of the early contractors to win prestigious projects from the National Highways Authority of India (NHAI). It was also among the first to complete a stretch of the North-South-East-West Corridor project, a flagship highway initiative in India.
In FY25, the company’s income stood at ₹248 crore. While operating expenses were high at ₹236 crore, exceptional income and better claim management helped boost profits. The diluted earnings per share (EPS) also improved sharply to ₹19.21.
The promoters have increased their holding to 74.01% by infusing over ₹128 crore as part of the revival plan. This shows confidence in the company’s future.
MBL also has a strong business model with its own fleet of construction equipment, in-house engineering, quarrying, bitumen, and concrete divisions. This gives it an edge in execution and cost management.
Looking ahead, the company is set to benefit from the government’s higher spending on roads and highways. In the Union Budget 2025-26, ₹2.87 lakh crore was allocated to the Ministry of Road Transport and Highways, with ₹1.7 lakh crore going to NHAI.
With this strong turnaround and a pipeline of projects, MBL Infrastructure is positioning itself once again as a key player in India’s growing infrastructure sector.
