NSE: ENGINERSIN · BSE: 532178 · ISIN INE510A01028
Engineers India Limited stock analysis
Engineers India Limited ranks #198 in the TickerSutra evidence-ranked universe with a score of 70/100 and 95% data confidence. The latest captured fundamentals show ROCE of 30.4%, quarterly sales growth of -5.8% and quarterly profit growth of 141.5%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 30.4%
- Low debt/equity of 0.01×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,913cr | ₹346cr | ₹140cr | 12.0% |
| 2023 | ₹3,330cr | ₹310cr | ₹346cr | 9.0% |
| 2024 | ₹3,281cr | ₹299cr | ₹445cr | 9.0% |
| 2025 | ₹3,088cr | ₹514cr | ₹580cr | 17.0% |
| 2026 | ₹3,928cr | ₹699cr | ₹692cr | 18.0% |
| TTM | ₹3,878cr | ₹750cr | ₹784cr | 19.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Engineers India Limited has informed the Exchange regarding 'Board Comments on fine levied by the Exchange'.
Positive CatalystPress ReleaseBSE · 22 Sept 2026Engineers India Limited has informed the Exchange regarding a press release dated September 22, 2026, titled "Press Release - EIL to Execute Dangote s Mega Greenfield Refinery & PetrochemicalPlant in Kenya".
RoutineEngineers India Ltd - 532178 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 19 Sept 2026Voting results of 61st Annual General Meeting
RoutineShareholders meetingNSE · 19 Sept 2026Engineers India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 18, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineEngineers India Ltd - 532178 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 18 Sept 2026Proceedings of 61st AGM along with Chairman speech
MANAGEMENT COMMENTARY
Signals from filed documents
These engagements supported sustained order inflows and reinforced the Company's leadership position in its core markets. Expanded international presence: Continued to strengthen its global footprint through strategic engagements across international markets, including participation in major refining and fertilizer expansion projects. Overseas assignments enhanced revenue diversification, strengthened EIL's global br
Significant Initiatives Strengthened leadership across the hydrocarbon value chain: Continued to consolidate its position across refining, petrochemicals, pipelines, terminals, fertilizers, and allied process industries by securing and executing complex consultancy, EPCM, and project management assignments. The Company remained focused on high-value brownfield modernisation, refinery upgradation, refining-petrochemic
Improved project profitability, disciplined cost management and effective working capital and treasury management contributed to this performance. While Turnkey projects typically operate at relatively lower margins, our balanced business mix, strong project execution capabilities, prudent risk management and continued focus on high-value consultancy assignments are expected to support sustainable profitability over
These initiatives have strengthened workplace safety by enabling proactive identification of unsafe practices, real-time monitoring, and improved workforce preparedness. The Company continues to review and update its quality management systems, engineering standards, procurement procedures, and operational guidelines to remain aligned with technological advancements, evolving regulatory requirements, and industry bes
The Policy is hosted on the website of the Company at https://www.engineersindia.com/Investor/Landing. Transfer to Reserves Your Company is proposing to transfer to general reserves in FY 2026-27, after adjustment of payment of proposed final dividend, if approved by the shareholders in the Annual General Meeting for FY 2025-26, from balance of retained earnings of H 49088.43 Lakhs as on 31 st March, 2026 excluding l
Opportunities and Challenges Engineers India Ltd Integrated Annual Report 2025-26 148 Challenges Competitive Market Environment: The engineering consultancy and EPCM industry continues to witness intense competition from domestic and international engineering firms, EPC contractors, and specialised technology providers. Sustaining market leadership requires continuous enhancement of technical capabilities, execution
Withholding Tax shall be deducted@ 20% (plus applicable Surcharge and Cess) as per Income Tax Act. However, Non-Resident shareholders [Including Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs)], have option to be governed by provisions of Double Taxation Avoidance Agreement (DTAA) read with Multilateral Instrument (MLI) between India and country of Tax residency of shareholders, if they are
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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