Enviro Infra Engineers Limited (EIEL) has announced a significant development in its business operations. The company has secured a substantial contract worth ₹248.49 crore from the Bhopal Municipal Corporation, marking a notable achievement in its project portfolio.

Contract Details

EIEL received a Letter of Acceptance (LOA) dated 28th October, 2025, for the execution of a major infrastructure project in Bhopal. The project encompasses:

Project Significance

This contract win is noteworthy for EIEL as it strengthens the company's position in the infrastructure sector, particularly in water and wastewater management. The project's scope demonstrates EIEL's capability to handle complex, large-scale urban infrastructure developments.

Company Disclosure

In compliance with regulatory requirements, EIEL has confirmed that:

• The contract is domestic in nature.
• Neither the promoter/promoter group nor group companies have any interest in the Bhopal Municipal Corporation.
• The contract does not fall under related party transactions.

Upcoming Financial Results

In a separate announcement, EIEL has scheduled a Board of Directors meeting for 4th November, 2025, to consider and approve the unaudited financial results for the quarter and half-year ended 30th September, 2025. The trading window for the company's securities will remain closed until 48 hours after the declaration of these results.

This contract win could potentially impact EIEL's financial performance in the coming quarters, making the upcoming financial results of particular interest to investors and market analysts.

Enviro Infra Engineers , a prominent player in the water and wastewater treatment sector, has unveiled an ambitious growth strategy aimed at significantly expanding its core business operations by the end of this decade.

Aggressive Growth Projections

Managing Director Manish Jain has outlined a bold vision for the company, projecting a remarkable 35-40% Compound Annual Growth Rate (CAGR) for Enviro Infra Engineers' water and wastewater treatment business. This aggressive growth plan is expected to result in at least a four-fold increase in revenue from this segment by the fiscal year 2030.

Near-Term Financial Targets

The company's optimistic outlook extends to its near-term financial performance as well. Enviro Infra Engineers anticipates:

• 2.5x to 3x growth in current earnings over the next three years
• EBITDA margins of 22-24% from its core water business by FY26

Diversification into Renewable Energy

In a strategic move to diversify its portfolio, Enviro Infra Engineers has expanded into the renewable energy sector. The company has acquired two solar projects:

1. A project in Odisha
2. A project in Maharashtra

Together, these solar assets have a combined capacity of 69 MW. The renewable energy ventures are expected to yield:

• EBITDA margins of 18-20%
• Internal Rate of Return (IRR) of 13.5-14%

Business Expansion Strategies

While Enviro Infra Engineers' order book remains predominantly focused on government projects, the company is exploring new avenues for growth:

1. B2B Opportunities: The company plans to tap into business-to-business segments, including:

   • Refineries
   • Thermal power plants

2. International Expansion: Enviro Infra Engineers is setting its sights on overseas markets to further broaden its operational footprint.

Market Performance

Despite the positive outlook and growth strategies, Enviro Infra Engineers' shares closed 0.86% lower at ₹242.80 on the National Stock Exchange (NSE).

As Enviro Infra Engineers embarks on this ambitious growth journey, stakeholders will be keenly watching the company's ability to execute its plans and achieve its targeted expansion in both the water treatment and renewable energy sectors.