EIL extends CMD additional charge to Praveen Khanooja for three months

0 min read     Updated on 04 Jun 2026, 03:15 AM
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The Ministry of Petroleum & Natural Gas has extended the additional charge of Chairman & Managing Director at Engineers India Limited to Shri Praveen M. Khanooja for three months effective June 1, 2026. Shri Khanooja, who is the Additional Secretary in the ministry, holds the post until a regular incumbent is appointed. The information was disclosed to the stock exchanges on June 3, 2026.

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The Ministry of Petroleum & Natural Gas has approved the extension of additional charge of Chairman & Managing Director at engineers india to Shri Praveen M. Khanooja. The appointment is extended for a period of three months effective June 1, 2026, or until the appointment of a regular incumbent to the post or until further orders, whichever is the earliest.

Shri Praveen M. Khanooja serves as Additional Secretary in the Ministry of Petroleum & Natural Gas. The decision was communicated via a letter dated June 3, 2026, from the Government of India. The extension follows the ministry's previous correspondence dated March 3, 2026, regarding the initial assignment of the additional charge.

The regulatory filing was submitted to the stock exchanges on June 3, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. The approval ensures continuity in the leadership role at Engineers India Limited pending the appointment of a regular Chairman & Managing Director.

Historical Stock Returns for Engineers India

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+6.51%-6.66%+26.09%+3.17%+172.48%

Who are the potential candidates being considered for the permanent appointment of Chairman & Managing Director?

How might this temporary leadership extension impact Engineers India's strategic decision-making and project pipeline?

What criteria will the Ministry use to select the regular incumbent, and when is the selection process expected to conclude?

EIL FY26 net profit rises 19%; dividend ₹5 per share

1 min read     Updated on 27 May 2026, 06:36 PM
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Engineers India Limited reported its audited financial results for FY26, achieving its highest ever PAT of ₹638 crore and revenue of ₹3,849 crore. Consolidated net profit rose 19.3% to ₹6,915.89 million, while revenue increased 27.2% to ₹39,281.80 million. The board recommended a final dividend of ₹2.50 per share, totaling ₹5.00 per share for the year. The order book reached a record ₹15,109 crore, driven by significant orders in Nigeria and focus on sunrise sectors.

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Engineers India has reported its audited financial results for the financial year ended March 31, 2026. The company achieved its highest Profit After Tax (PAT) of ₹638 crore and highest revenue from operations of ₹3,849 crore for the year. The Board of Directors approved the results at their meeting held on May 21, 2026.

Financial Performance

The consolidated net profit for FY26 stood at ₹6,915.89 million, a 19.3% increase from ₹5,797.71 million in the previous year. Revenue from operations rose 27.2% to ₹39,281.80 million from ₹30,875.85 million in FY25. The Earnings Per Share (EPS) on a consolidated basis increased to ₹12.30 from ₹10.32 in the previous year. For the quarter ended March 31, 2026, the consolidated net profit was ₹1,955.34 million.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹2.50 per share (face value ₹5.00 per share). This is in addition to the interim dividend of ₹2.50 per share already paid during the year. The total dividend for the year amounts to ₹5.00 per share, subject to the approval of shareholders at the Annual General Meeting.

Operational Highlights

Engineers India continues to focus on sunrise sectors such as Biofuels, Green Hydrogen & Ammonia, and Energy Transition. The company reported an order book of ₹15,109 crore, the highest recorded. During the year, the company secured significant orders, including a project management consultancy contract for the Expansion of Integrated Refinery cum Petrochemical Complex in Nigeria.

Financial Results Summary

The following table outlines the key financial metrics for the standalone and consolidated results for the year ended March 31, 2026:

Metric Standalone FY26 (₹ in Lakhs) Consolidated FY26 (₹ in Lakhs)
Revenue from Operations 3,849,853.4 3,928,180.3
Total Income 4,058,860.8 4,123,245.0
Total Expenses 3,225,358.0 3,276,136.1
Net Profit for the period 6,387,410.0 6,915,894.0
Earnings Per Share (EPS) (₹) 11.36 12.30

Historical Stock Returns for Engineers India

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+6.51%-6.66%+26.09%+3.17%+172.48%

How will the record order book position translate into revenue visibility for the upcoming fiscal years?

What is the expected timeline for revenue recognition from the recently secured Nigeria refinery project?

Will the company increase capital expenditure to meet the growing demand in Green Hydrogen and Biofuel sectors?

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1 Year Returns:+3.17%