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Engineers India Ltd

₹ 1971.51%
14 Jan – close price
🔗engineersindia.com•BSE: 532178•NSE: ENGINERSIN
Market Cap₹ 11,062 Cr.
Current Price₹ 197
High / Low₹ 255
Stock P/E21.4
Book Value₹ 47.9
Dividend Yield2.03 %
ROCE24.4 %
ROE18.4 %
Face Value₹ 5.00
Sales₹ 3,499 Cr.
OPM16.2 %
Mar Cap₹ 11,062 Cr.

ABOUT

EIL is a CPSU with majority ownership of the GoI operating under the administrative control of MoPNG.EIL provides consultancy and engineering services and undertakes turnkey contracts, which includes complete range of project services right from project conceptualization, planning, design, engineering, procurement, construction and commissioning as per client’s requirement and specifications and providing post-execution services for maintenance and monitoring the operation of plant in various industries.[1]

KEY POINTS

Business Activities[1]The Co. operates in various industries such as petroleum refining, petrochemicals, pipelines, oil & gas, terminals & storages, mining & metallurgy, infrastructure, water and waste management, city gas distribution, power - thermal, solar, nuclear, gas-based fertilizer projects, coal-to-liquid (CTL) and steel.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Larsen & Toubro3865.8033.08531772.050.884678.0115.6367983.5310.4414.49270722.5112.6716074.883926.095.254.981.32
2.Rail Vikas338.3062.1270536.230.51230.52-19.735122.975.5214.7220026.004.701135.41230.297.386.400.52
3.NBCC105.1842.5228398.600.64156.6925.712910.2018.9933.1712751.715.04667.83153.5210.634.680.00
4.IRB Infra.Devl.41.7928.8325236.980.72140.8241.001751.0210.427.828024.6748.08875.41140.821.242.011.02
5.Kalpataru Proj.1136.8023.6419413.420.79237.3991.276528.5732.4315.9525498.998.25821.04240.052.792.360.69
6.KEC International699.2527.2518614.040.79160.7588.216091.5619.1317.9823335.947.26683.11160.753.302.750.94
7.Ircon Intl.164.9725.8315515.691.61136.51-32.681976.75-19.2311.609787.967.43600.65138.652.403.740.80
8.Engineers India196.8121.4211061.562.03114.9145.24900.4033.1124.393498.8416.21516.32114.914.119.140.01
–Median: 117 Co.130.817.73483.640.09.2123.8149.5710.7318.43506.5212.7830.769.162.096.850.44

Quarterly Results

Standalone figures in ₹ crores

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
805782831866808777856790611676750991857900
Expenses
759740784703740682808719564619659697787788
Operating Profit
4642471636995487246579129470112
Other Income
2767264993472956385337423548
Profit before tax
6810265205153133681167410011832594150
Tax %
26%16%27%23%26%23%26%22%26%21%25%25%25%23%
Net Profit
518548159114102509155798824370115
EPS in Rs
0.901.510.852.822.021.820.891.620.971.411.574.331.252.04

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,8241,7131,5111,4491,7882,4443,2033,1052,8703,2843,2323,0283,499
Expenses
1,3391,4891,3121,1441,3732,0772,7582,7652,5332,9852,9472,5372,932
Operating Profit
485224199304414368445340337299285491567
Other Income
22926524822417922525840137169225170162
Interest
1225234633552
Depreciation
15202523242224232325353940
Profit before tax
698468420500568568676351448440470617686
Net Profit
480308276325378370430260344342357465516
EPS in Rs
7.124.574.104.825.985.866.814.626.136.096.358.289.19
Dividend Payout %
46%55%49%62%67%68%76%43%49%49%47%48%–

Compounded Sales Growth

10 Years:6%
5 Years:-1%
3 Years:2%
TTM:19%

Compounded Profit Growth

10 Years:5%
5 Years:1%
3 Years:10%
TTM:88%

Stock Price CAGR

10 Years:6%
5 Years:20%
3 Years:32%
1 Year:12%

Return on Equity

10 Years:16%
5 Years:17%
3 Years:17%
Last Year:18%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
168168168337316316316281281281281281281
Reserves
2,2932,3992,5892,4391,9521,9602,0301,4201,6441,8252,0302,3392,411
Borrowings
-0-0-0-0-0-054319332218
Other Liabilities
1,2891,3481,3331,5432,1622,4092,6782,6742,3892,3882,4272,5432,697
Total Liabilities
3,7503,9164,0904,3194,4304,6845,0294,3784,3174,5124,7715,1855,407
Fixed Assets
118270240270255246272261260277295292281
Gross Block
272.44439.09263.72317.53326.25338.07384.87393.87413.74449.38490.83508.09–
Accumulated Depreciation
154.54169.3923.6947.6271.1292.47113.12133.28153.64172.69195.54215.69–
CWIP
132192456525231726364667
Investments
737140755322443204771,3551,3221,4041,5291,4371,581
Other Assets
2,7643,4873,7513,4613,8794,0674,2772,7612,7282,8052,9113,4103,478
Total Assets
3,7503,9164,0904,3194,4304,6845,0294,3784,3174,5124,7715,1855,407

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
83608723158754537216043-12321092
Cash from Investing Activity
169183712011704-22778765332159-22
Cash from Financing Activity
-256-239-161-283-891-361-333-904-149-175-179-185
Net Cash Flow
-43-4149-133188-18943-4134189-115

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
6991889711162766147393651
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
6991889711162766147393651
Working Capital Days
-111-105-123-172-222-203-168-190-184-128-127-104
ROCE %
28%16%16%18%23%25%29%25%25%22%21%24%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%51.32%
FIIs
7.84%7.96%7.70%7.88%7.60%7.01%7.26%7.31%6.89%6.75%7.13%7.00%7.74%
DIIs
14.10%15.81%18.46%17.18%15.51%13.60%13.89%11.01%10.59%10.76%14.30%13.74%13.38%
Public
26.74%24.90%22.51%23.60%25.54%28.05%27.51%30.32%31.19%31.14%27.20%27.89%27.52%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Engineers India Limited Announces Special Window for Physical Share Transfer Re-lodgement

16th February 2026, 9:59 pm

Engineers India Limited Q3 FY26 Earnings Call: Achieves Record Order Book, Strong Profit Growth, and Highest Ever Revenue

16th February 2026, 8:28 pm

Engineers India Ltd. Announces Un-audited Financial Results for Q3 & Nine Months Ended Dec 31, 2025

14th February 2026, 6:50 pm

Engineers India Ltd (EIL) Updates Stock Exchanges on Analyst/Investor Meeting Participation

14th February 2026, 6:46 pm

Engineers India Ltd (EIL) Informs about Analyst/Institutional Investor Meeting and Availability of Earning Call Recording

14th February 2026, 6:45 pm

Published by Other Websites

External media mentions & references

Cochin Shipyard, RIL JV Lead Stocks in Focus as Major Deals Emerge

17th February 2026, 7:33 am

Goldman Sachs Ups Aye Finance Stake Amidst Active Deal Day

16th February 2026, 11:30 pm

Low-Priced Stocks Surge: Dozens Under Rs 100 Hit Upper Circuit

16th February 2026, 4:17 pm

Engineers India Zooms 22% to 7-Month High on Strong Results, Mega Project

16th February 2026, 2:44 pm

Tech Rout Wipes Out ₹3 Lakh Crore; Sensex, Nifty Tumble 1%

13th February 2026, 4:02 pm

News Articles

Editorial & research coverage

Indian Markets: Macro Headwinds Overshadow Strong Results
Indian Markets: Macro Headwinds Overshadow Strong Results

13th February 2026, 2:54 pm

Engineers India Surges on Q3 Beat, Eyes Global Growth
Engineers India Surges on Q3 Beat, Eyes Global Growth

13th February 2026, 10:56 am

India's Q3 Earnings Climax: Sectoral Divergence Signals Market Shift
India's Q3 Earnings Climax: Sectoral Divergence Signals Market Shift

13th February 2026, 8:17 am

Indian Markets Trim Gains Amid Mixed Earnings; Key Companies Report
Indian Markets Trim Gains Amid Mixed Earnings; Key Companies Report

19th January 2026, 6:21 am

EIL Secures Over $350M Nigeria Refinery Expansion Contract
EIL Secures Over $350M Nigeria Refinery Expansion Contract

17th January 2026, 6:44 pm

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

7 Jan - Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on 31.12.2025

Announcement under Regulation 30 (LODR)-Change in Management

31 Dec - Executive Director Mainak Nandi retiring (superannuation) effective 31.12.2025; change effective 01.01.2026.

Closure of Trading Window

29 Dec - Trading window closed from 1 Jan 2026 until 48 hours after Board meeting for Q3/9M unaudited results.

Announcement under Regulation 30 (LODR)-Newspaper Publication

11 Dec 2025 - Newspaper Advertisement-Notice for compulsory Transfer of Equity Shares to IEPF Authority

Corporate Action-Board approves Dividend

28 Nov 2025 - Interim dividend ₹1 per share (₹5 face); record date Dec 4, payable from Dec 19, 2025.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

8 Dec 2025 from care

Rating update

19 Dec 2024 from care

Rating update

23 May 2024 from care

Rating update

7 Dec 2023 from care

Rating update

3 Jan 2023 from care

Rating update

6 Apr 2021 from care

Concalls

Nov 2025

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Stock Analysis

Description

  1. Engineers India Limited (EIL) is a leading Indian public sector undertaking specializing in engineering consultancy and project execution for the oil & gas, refining, petrochemicals, and infrastructure sectors.

Key Growth Triggers

  1. The current news highlights a major international contract win worth over US$350 million with Dangote Group for refinery and petrochemical expansion in Africa, a significant growth driver.
  2. Previous Q1 FY26 results showed strong standalone revenue growth of 40.37% YoY and PAT growth of 27.95% YoY.
  3. The company previously reported an all-time high order book of ₹12,145 Cr, indicating robust future revenue visibility.
  4. Management had provided a conservative revenue growth guidance of 15-20% for FY26 and targeted consultancy margins of 20-25%.

Order Book

  1. Order Book: September 2025 = ₹13,131 Cr.
  2. The new US$350+ million contract with Dangote Group is expected to further bolster this figure.

Key Red Flags

  1. Consolidated profitability can be affected by the performance of joint ventures, as observed in previous quarters (e.g., Q1 FY26 PAT decline).
  2. Project execution risks associated with large-scale international projects.

Key Dates To Watch

  1. Board Meeting for Q3 FY26 results: Scheduled for November 14, 2025.
  2. AGM: September 24, 2025.
  3. Final Dividend Record Date: August 29, 2025.

Corporate Announcements

16th Feb 26
Impact Rating: -
No description available.
16th Feb 26
Impact Rating: 8
Engineers India reported robust Q3 FY26 performance with revenue up 60% YoY to ₹1,194 Cr, PAT surging 243% to ₹302 Cr, achieving its highest ever order book of ₹15,670 Cr.
14th Feb 26
Impact Rating: -
No description available.
14th Feb 26
Impact Rating: 2
The company has made the audio recording of the discussion available on its website for stakeholders.
14th Feb 26
Impact Rating: 3
Engineers India Limited (EIL) has provided an update regarding its interaction with analysts and institutional investors on February 13, 2026. The company confirms the availability of the audio recording from the earning call held post the Q3 FY26 results.