Investor Presentation - 31.03.2026
EIEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Enviro Infra Engineers Limited reported FY26 revenue of ₹11,456 Mn (up 7.5% YoY) and PAT of ₹1,884 Mn (up 6.3% YoY). However, Q4 FY26 showed a sharp sequential margin compression — EBITDA margin dropped to 18.7% vs 27.1% in Q3 FY26, and PAT margin fell to 12.4% from 16.3%. Management attributed this to elongated bid evaluation delays, longer design approval phases on certain projects, and global disruptions in March. The company has diversified into renewables via acquisition of Suyog Urja Limited (₹3,110 Mn deal, Wind EPC player with ~1,702 MW pipeline) and secured 930 MWh BESS projects from NTPC. The consolidated order book stands at ₹68,136 Mn, a 242% YoY increase, providing strong revenue visibility. Revenue CAGR from FY23-26 was 50.2% and PAT CAGR was 54.95%, reflecting strong historical growth.
The sharp Q4 margin compression is a near-term concern, but the massive ₹68,136 Mn order book and entry into renewables (solar, wind, BESS) provide multi-year revenue visibility. The stock may face short-term pressure due to the Q4 miss, but the diversified pipeline supports long-term growth.