Monadelphous

Monadelphous

Engineering construction and industrial services

Overview

Monadelphous is an Australian ASX-200 engineering group that provides construction, maintenance and industrial services to the resources, energy and infrastructure sectors. Its work includes building, maintaining, and supporting customers’ operations through safe, reliable, and cost-effective engineering solutions delivered across its Engineering Construction and Maintenance & Industrial Services divisions, with operations supported by a global workforce of about 7,000 people. The company differentiates itself through a strong focus on long-term customer relationships, a reputation for engineering excellence, and a diverse, value-driven service offering that spans multiple regions and sectors. Its goal is to be recognised as a leader in its markets and a truly great company to work for, to work with, and to invest in.

About Monadelphous

Simplify's Rating
Why Monadelphous is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Australia

Founded

1972

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Simplify's Take

What believers are saying

  • Monadelphous reported 1H26 revenue up 45.6% and net profit up 52.6% on 24 February 2026.
  • Monadelphous secured more than $1.4 billion in new contracts during 1H26, extending work through 2028.
  • Monadelphous forecast FY26 revenue about 30% higher than FY25, supported by 8,389-strong workforce.

What critics are saying

  • Monadelphous depends on BHP, Rio Tinto, Santos, and Fortescue; concentration threatens 2027 cash flow.
  • Aaro Group v Monadelphous Engineering Associates Pty Ltd exposes recurring payment disputes and legal friction in WA.
  • Integration risk from Kerman and High Energy Service can distract management and dilute margins by 2027.

What makes Monadelphous unique

  • Monadelphous paired Monadelphous and Kerman wins at Rio Tinto BS1 and BHP Finucane Island in 2026.
  • Monadelphous owns specialist maintenance, energy, and non-process infrastructure capabilities across resources-heavy Australian sites.
  • Monadelphous invested in hybrid cranes and high-voltage services, strengthening decarbonization and electrification execution.

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Stock Price

Company News

London South East
Aug 13th, 2026
Monadelphous wins over AUD110 million in new resources and energy work.

Monadelphous wins over AUD110 million in new resources and energy work. Thu, 13th Aug 2026 02:02 Alliance News) - Monadelphous Group Ltd on Thursday announced that it has secured more than AUD110 million or USD77.7 million in new construction and maintenance contracts across the resources, energy and infrastructure sectors. The Perth, Australia-based company providing multidisciplinary construction, maintenance and industrial services said it has been awarded a contract by Santos Ltd for work on the Agogo production facility tie-in project in the Southern Highlands region of Papua New Guinea, involving well pad construction, gathering systems and brownfield facility upgrades. Work is expected to run through 2028. Melchor, the civil construction arm of Monadelphous, also secured a contract with Pilbara Ports Authority for the Utah ring road reconstruction project at the Utah bulk handling facility in Port Hedland, Western Australia. Work will begin immediately and is scheduled for completion in the first half of 2028. In addition, Monadelphous won a 12-month services contract at Glencore PLC's Murrin Murrin operations in the Goldfields region of Western Australia. Monadelphous shares were up 0.8% at AUD32.02 in Sydney on Thursday morning. By Judy Amaca, Alliance News reporter Asia-Pacific

The West Australian
Jun 18th, 2026
Monadelphous acquires Australia's first hybrid cranes for deployment in the Pilbara.

Monadelphous acquires Australia's first hybrid cranes for deployment in the Pilbara. The no. 1 source of news for every west australian. No lock-in contract Billed weekly, monthly, or quarterly. Pay in advance Annual Digital Save $104! Billed as $312 per annum. Pay as you go Digital + Weekend Newspapers Billed monthly or quarterly. All access digital Daily Digital Edition Need help with a subscription? Call us at 1800 811 855

WIP Magazines
Jun 11th, 2026
Expansion for Australia's 400me Brigalow Peaking Power Plant near Chinchilla.

Expansion for Australia's 400me Brigalow Peaking Power Plant near Chinchilla. Jun 11, 2026 S Energy has selected engineering company Monadelphous Group for an A$380m ($267.6m) contract to deliver the balance-of-plant scope for the 400MW Brigalow Peaking Power Plant near Chinchilla in Queensland, Australia. The works covered by the balance-of-plant contract include civil and mechanical construction, piping and the installation of gas turbines. The gas-fired peaking plant will be built alongside CS Energy's Kogan Creek Power Station. The plant is designed to provide rapid-start electricity during peak periods, supporting the reliability of the Queensland power grid and - once completed - will be operational within five minutes with the capacity to deliver electricity to more than 150,000 homes at times of high demand. The Brigalow Peaking Power Plant is due to be commercially operational in early 2029, pending completion of final commissioning. The installation will feature 12 GE Vernova aeroderivative turbines, each with 33MW of capacity, the plant will use natural gas supplied from Senex Energy's Atlas development. The fuel will reach the site via a proposed 21km APA pipeline connecting to the Roma-to-Brisbane Pipeline. CS Energy acting CEO Tony Bellas comments: "Fast start gas peakers like Brigalow will play an important role in Queensland's future because they can provide longer duration power, complementing shorter duration batteries and intermittent renewables. "We are delighted to be working with Monadelphous, an experienced contractor in the Australian market with deep capability in energy and mining." Brigalow forms part of the Queensland Government's Energy Roadmap, which includes investment in coal and gas generation to strengthen domestic energy security and meet Queensland's power requirements. Construction is expected to create up to 300 jobs at its peak. Monadelphous will engage the local workforce and supply chains as part of its contract. Monadelphous managing director Zoran Bebic explains: "We are pleased to be partnering with CS Energy on the Brigalow Peaking Power Plant, supporting reliable and flexible energy supply. Monadelphous has a proven track record in delivering large-scale energy construction projects and is proud to continue contributing to critical energy infrastructure across Australia." Separately, contractor CMC has wrapped up the initial enabling package, delivering site access roads and upgrading a nearby intersection. It is also set to commence bulk earthworks to form the main construction pad. Once the bulk earthworks are complete, Monadelphous is expected to commence the balance-of-plant package, which is currently scheduled to start in the third quarter of 2026. CS Energy is in the final stages of establishing a partnership with APA Group, with the former operating and maintaining the plant and owning 20%, while APA will hold an 80% stake and contract its share to CS Energy through a 25-year hedge offtake agreement. Jun 11, 2026 PMI Group press team.

Monadelphous Group Limited
Feb 1st, 2026
2026 Half Year Results

2026 Half Year Results. Monadelphous Group Limited (ASX:MND) today released its 2026 Half Year Results. For details please click here. A link to the webcast is available here.

Monadelphous Group Limited
Jan 1st, 2026
Monadelphous secures major construction contract with BHP

Monadelphous secures major construction contract with BHP. Monadelphous Group Limited (ASX:MND) today announced the award of a major construction contract with BHP associated with a car dumper project, located at Finucane Island in Port Hedland, Western Australia, valued at approximately $175 million. For further details, please click here.

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