Enviro Infra Engineers Limited , a leading player in the water and waste treatment sector, has reported robust financial results for the first quarter, along with significant order wins and strategic expansions.

Strong Financial Performance

The company reported a revenue of Rs 241.00 crores for Q1, marking a 17.4% year-on-year growth. EBITDA reached Rs 64.00 crores, up 25.2% from the previous year, with a healthy margin of 26.7%. Profit after tax (PAT) saw an impressive growth of 41.8%, reaching Rs 42.00 crores with a margin of 17%.

Substantial Order Inflow

Enviro Infra Engineers secured fresh orders worth Rs 1,178.00 crores during the quarter, significantly boosting its order book. The company's total execution order book now stands at Rs 2,051.00 crores, spread across 21 active projects. This robust order book provides strong revenue visibility for the coming quarters.

Key Project Wins

A standout among the new orders is a Rs 395.00 crores Zero Liquid Discharge (ZLD) project in Maharashtra. This project marks the company's entry into the advanced wastewater treatment segment, utilizing cutting-edge technologies such as ultrafiltration, reverse osmosis, and mechanical vapor recompression.

Diversification into Renewable Energy

In a strategic move, Enviro Infra Engineers has expanded into the renewable energy sector by securing two solar power projects:

1. A 40 MW solar asset in Odisha, with 24 MW already operational.
2. A 29 MW solar power project in Maharashtra, backed by state financial assistance.

These projects are being executed through the company's subsidiary, EIE Renewables, showcasing Enviro Infra's commitment to diversifying its portfolio and contributing to clean energy initiatives.

Management Commentary

Manish Jain, Managing Director of Enviro Infra Engineers, expressed confidence in the company's growth trajectory, stating, "We look forward to having a 35-40% CAGR growth for at least the next five years. We understand that till 2030, we have that vision and can look forward to this type of growth."

Future Outlook

The company maintains a positive outlook, citing significant opportunities in government schemes such as AMRUT 2.0, which has a total budgetary outlay of approximately Rs 3.00 lakh crores. With only about Rs 30,000.00 crores spent till FY2025, there remains substantial potential for growth in the sector.

Addressing Challenges

The company reported a cyber fraud incident resulting in a loss of Rs 11.15 crores, of which Rs 2.50 crores has been recovered. In response, the company has strengthened its internal controls and the Chairman and Managing Director have voluntarily foregone their remuneration until the loss is fully recovered.

Conclusion

Enviro Infra Engineers' strong Q1 performance, coupled with its strategic expansions and robust order book, positions the company well for sustained growth in the water treatment and renewable energy sectors. The management's confident outlook and proactive approach to addressing challenges underscore the company's resilience and potential for long-term value creation.

Enviro Infra Engineers Limited (EIEL) has announced a significant move in its renewable energy strategy by investing an additional ₹250.00 million in its wholly-owned subsidiary, EIE Renewables Private Limited. This investment underscores the company's commitment to expanding its presence in the sustainable energy sector.

Investment Details

The investment was made through the acquisition of 2,50,00,000 equity shares of EIE Renewables at a face value of ₹10.00 per share. This additional capital infusion brings the total paid-up capital of EIE Renewables to ₹750.00 million, up from the previous ₹500.00 million.

Strategic Expansion into Renewable Energy

EIE Renewables, incorporated on February 18, 2025, is focused on the generation of energy through non-conventional and renewable sources, as well as its distribution. Enviro Infra Engineers' decision to increase its investment in this subsidiary aligns with its long-term vision to tap into the growing opportunities in the renewable energy sector.

Sanjay Jain and Manish Jain, who serve as Promoter Directors of Enviro Infra Engineers, are also directors of EIE Renewables, highlighting the strategic importance of this subsidiary to the parent company.

Regulatory Compliance and Transparency

The investment was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Enviro Infra Engineers has assured stakeholders that the transaction was conducted at arm's length and in the ordinary course of business.

Future Outlook

While EIE Renewables is yet to commence its business activities and generate revenue, this substantial investment signals Enviro Infra Engineers' confidence in the future of renewable energy. The move is expected to position the company to capitalize on the growing demand for sustainable energy solutions across India.

Investor Relations

In a separate announcement, Enviro Infra Engineers also disclosed its participation in the upcoming Ashika Water & Recycling Conference scheduled for August 21, 2025, in Mumbai. This event will provide an opportunity for the company to engage with analysts and institutional investors, potentially discussing its recent investments and future strategies in the renewable energy sector.