Engineers India Limited has informed the Exchange about Transcript
ENGINERSIN · price
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Engineers India reported record FY26 results with highest-ever order book of Rs.15,109 crores and turnover of Rs.3,849 crores (up 27% YoY). PAT reached Rs.638 crores, a 37% increase, while operating margin improved to 16.22%. The company declared 100% dividend (Rs.5 per share). Key concerns include Middle East slowdown affecting 10-15% of order book, with management guiding for FY27 order inflow of around Rs.8,000 crores. Consultancy margin guidance is maintained at 20-25% while LSTK margins are targeted at 5-7%. International projects like Dangote refinery ($360 million) and fertilizer ($70 million) are in early execution stages. Management expects revenue growth of minimum 10-15% and expects Middle East/Africa to become significant contributors from FY28-29.
Strong fundamentals with record order book and margin improvement support near-term visibility. However, Middle East geopolitical risks and high base effect on consultancy order inflows create uncertainty. The company's diversification into Africa and Saudi Arabia provides long-term growth optionality.