Engineers India Ltd
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]
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has been maintaining a healthy dividend payout of 48.3%
Weaknesses
- −The company has delivered a poor sales growth of -1.12% over past five years.
- −Debtor days have increased from 41.8 to 50.7 days.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.32% | 51.32% | 51.32% | 51.32% | 51.32% | 51.32% | 51.32% | 51.32% |
| FIIs | 7.26% | 7.31%▲0.0 | 6.89%▼0.4 | 6.75%▼0.1 | 7.13%▲0.4 | 7%▼0.1 | 7.74%▲0.7 | 9.66%▲1.9 |
| DIIs | 13.89% | 11.01%▼2.9 | 10.59%▼0.4 | 10.76%▲0.2 | 14.3%▲3.5 | 13.74%▼0.6 | 13.38%▼0.4 | 12.19%▼1.2 |
| Public | 27.51% | 30.32%▲2.8 | 31.19%▲0.9 | 31.14%▼0.1 | 27.2%▼3.9 | 27.89%▲0.7 | 27.52%▼0.4 | 26.79%▼0.7 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 777 | 856 | 790 | 611 | 676 | 750 | 991 | 857 | 900 | 1,194 |
| Expenses | 682 | 808 | 719 | 564 | 619 | 659 | 697 | 787 | 788 | 846 |
| Operating Profit | 95 | 48 | 72 | 46 | 57 | 91 | 294 | 70 | 112 | 348 |
| OPM % | 12% | 6% | 9% | 8% | 8% | 12% | 30% | 8% | 12% | 29% |
| Net Profit | 102 | 50 | 91 | 55 | 79 | 88 | 243 | 70 | 115 | 302 |
| EPS ₹ | 1.82 | 0.89 | 1.62 | 0.97 | 1.41 | 1.57 | 4.33 | 1.25 | 2.04 | 5.37 |
AI Insights
TTM revenue at ₹3,942Cr, up 30.2% YoY. OPM at 21%.
Borrowings at ₹18Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
CWIP at ₹67Cr (24% of fixed assets). Significant capex underway — growth runway building.
DIIs: 12.19% (-6.27pp change). FIIs: 9.66% (+1.96pp change). Promoters hold 51.32%.
ROCE declining from 28% (Mar 2014) to 24% (Mar 2025). Working capital days: -104.
PE 18.5x with 24.4% ROCE. Price is 401% above book value of ₹47.9. Dividend yield: 1.66%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Intimation of Schedule of Earning Call Post Results for fourth quarter and year ended on 31.03.2026 for the Financial Year 2025-26 pursuant to Regulation 30 …
- Update on board meeting 15 May - Board meeting on 21 May 2026 to approve FY2025-26 results and consider final dividend.
- Closure of Trading Window 5 May - Board meeting on 21 May 2026 to approve audited standalone and consolidated results for FY2026.
- Board Meeting Intimation for Notice Of Board Meeting To, Inter-Alia, Consider And Approve Audited Financial Results For The Quarter/Year Ended 31.03.2026 5 May - Board meeting on 21 May 2026 to approve audited standalone and consolidated results for FY2026.
- Tripartite Agreement Between The Company, Erstwhile RTA And New RTA 21 Apr - Engineers India signed tripartite agreement with KFin Technologies and Alankit Assignments on 20 April 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse