Engineers India Limited reported its strongest financial performance to date for FY26, with profit after tax rising 37.3% to a record ₹638 crore. Revenue from operations grew 27.1% to ₹3,849 crore, driven by robust execution and improved operating efficiency.

The company held its 61st Annual General Meeting on September 18, 2026, where shareholders approved the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. The Board also recommended a final dividend of ₹2.50 per share, bringing the total payout for FY26 to ₹5 per share.

Financial Performance

The fiscal year marked significant growth across key metrics. Operating margins expanded to 16.22% from 14.76%, reflecting stronger execution discipline. Earnings per share reached a record ₹11.36, up from ₹8.28 in the previous year.

On a consolidated basis, profit for the year stood at approximately ₹691 crore, registering a growth of roughly 19%. Wholly owned subsidiary CEIL reported a PAT of ₹24.71 crore, while joint venture RFCL contributed ₹47.37 crore as EIL's share.

Order Book and Business Wins

EIL secured total business worth ₹7,978 crore during FY26, pushing the order book to an all-time high of ₹15,109 crore as on March 31, 2026. Consultancy projects accounted for ₹6,009 crore, while turnkey business contributed ₹1,969 crore.

International expansion remained a key driver, with foreign order inflow reaching a record ₹4,929 crore. This momentum was supported by new assignments in Africa, the Middle East, Central Asia, and South America, including a US$360 million contract for the Dangote Train-2 expansion in Nigeria and a US$70 million PMC/EPCM contract for a Dangote Fertiliser Project.

What the Numbers Show

The divergence between revenue growth (27.1%) and profit growth (37.3%) highlights an operational leverage effect, evidenced by the 146 basis point expansion in operating margins. Additionally, international orders constituted approximately 61.8% of total new business inflows, signaling a strategic shift toward higher-value overseas contracts rather than relying solely on domestic hydrocarbon projects.

Corporate Actions and Governance

Shareholders approved the re-appointment of directors Rajiv Agarwal and Arun Kumar, who retired by rotation. The Board also appointed Atul Gupta as Chairman & Managing Director. Special resolutions were passed to appoint Kahuli Sema and Ashish Kumar Gupta as Non-official Independent Directors.

The Company Secretary confirmed that 147 members, representing 28,86,07,539 shares, participated in the meeting via video conferencing. The President of India's nominee, holding 51.32% of shares, was among the participants.

Engineers India has reported an order book of 170 billion rupees, according to a company executive. The executive also anticipates growth in the order book as conditions in the Middle East improve.

Order book overview

The disclosure highlights the scale of Engineers India's current project pipeline. The company executive confirmed the order book figure, underscoring the firm's active engagement across its project portfolio.

Regional expansion plans

The executive confirmed plans to keep growing global operations. Discussions are ongoing with Saudi Arabia and the UAE to build infrastructure bypassing the Strait of Hormuz. This strategic focus suggests potential new inflows from key Gulf markets.

What the Numbers Show

The existing ₹170 billion order book provides a stable base for revenue visibility. The specific mention of infrastructure projects bypassing the Strait of Hormuz indicates a targeted strategy to capitalize on geopolitical diversification efforts in the Middle East, potentially adding significant value to the current pipeline.

Engineers India is a public sector engineering consultancy and contracting company with operations spanning hydrocarbon, infrastructure, and other industrial sectors.