Enviro Infra Engineers incorporated two wholly owned subsidiaries on June 16, 2026, to expand its presence in the water and wastewater treatment infrastructure sector. The new entities, Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited, were established as Special Purpose Vehicles (SPVs) to undertake specific projects relating to sewage treatment, including operation and maintenance activities. Both subsidiaries are fully owned by the parent company, which holds 100% of the shareholding.

The incorporation was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received the intimation regarding the formation of these subsidiaries on June 17, 2026. The filing was made by Piyush Jain, the Company Secretary and Compliance Officer of Enviro Infra Engineers Limited.

Details of the Subsidiaries

Both newly incorporated entities operate within the same industry sector and share identical structural parameters regarding capital and shareholding. The details regarding the incorporation are as follows:

Financial Structure

The financial structure for both subsidiaries involves a cash consideration for the subscription of shares. Each entity has been incorporated with an authorized capital of ₹10,00,000. This capital is divided into 1,00,000 equity shares with a face value of ₹10 each. No specific governmental or regulatory approvals were required for the incorporation of these entities.

Enviro Infra Engineers Limited reported a consolidated net profit of ₹1,884 million for the financial year ended March 31, 2026, on a revenue from operations of ₹11,456 million. For the quarter ended March 31, 2026, the company recorded a net profit of ₹543 million on a total income of ₹4,273 million. Following the results, the management held an earnings conference call on May 29, 2026, to discuss the financial performance and future outlook with investors.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 28, 2026. The statutory auditors have expressed an unmodified audit opinion on these results. The results were reviewed by the Audit Committee prior to Board approval.

Financial Performance

The standalone net profit for the financial year ended March 31, 2026, was ₹1,708.78 lakh, with total income from operations reaching ₹1,05,685.19 lakh. Earnings per share (EPS) for the consolidated entity for the year stood at ₹10.42 on a basic basis and ₹10.41 on a diluted basis.

Order Book and Guidance

Management disclosed that the total order book has surged to over ₹6,814 crore, providing robust revenue visibility over the next 24 months. This comprises a water and wastewater execution order book of over ₹2,733 crore and an operation and maintenance order book of over ₹951 crore. In the Renewable segment, the execution order book is over ₹2,051 crore, and the O&M and IPP under the renewable segment is ₹1,079 crore.

For FY27, the company projects a topline of around ₹2,000 crore and a PAT of ₹270 crore to ₹280 crore. The EBITDA margin guidance for FY27 has been revised to 21%–22%.

Key Financial Metrics

The detailed financial results and transcript of the earnings conference call are available on the websites of the National Stock Exchange of India Limited, BSE Limited, and the company.