Engineers India Limited has informed the Exchange about Transcript
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Engineers India Limited reported its highest profit after tax in 10 years at ₹465 crore for FY25, up 30% year-on-year, on revenue of ₹3,028 crore. Operating margin improved sharply to 15% from 8%, and EBITDA margin rose from 15% to 21%, partly helped by ₹112 crore of finalized change orders and an ₹82 crore provision reversal. Order book hit an all-time high of ₹11,700 crore (vs ₹7,823 crore last year), with order inflows more than doubling to ₹8,214 crore from ₹3,400 crore. The company has already booked ₹1,300 crore of new orders in the first two months of FY26. Management guided for 15–20% revenue growth in FY26 and expects margins to normalize back to 25% in consultancy and 5–7% in LSTK/turnkey. Non-oil and gas now accounts for 30–35% of the order book, with defense, offshore wind, and 2G bamboo-based ethanol at Numaligarh identified as new growth areas.
Strong headline numbers and a record order book signal a clear growth turnaround, but management itself flagged that the unusually high margins were partly one-time in nature and will normalize, which could temper expectations for FY26 profitability. International expansion (Saudi Arabia office, Middle East focus) and diversification into non-hydrocarbon segments add long-term optionality, though execution remains the key swing factor.