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.

Enviro Infra Engineers Limited (EIEL) has made a significant move in the renewable energy sector by acquiring Vento Power Infra Private Limited for ₹115.6 crore. The acquisition was carried out through EIEL's wholly-owned subsidiary, EIE Renewables Private Limited, marking a strategic expansion into the sustainable energy market.

Acquisition Details

The acquisition, completed on August 20, 2025, includes a 40 MW solar project located in the Bolangir District of Odisha. This project is set to sell solar power at a tariff of ₹4.1 per unit for approximately 18 years, providing a stable long-term revenue stream.

Strategic Importance

This move aligns with Enviro Infra Engineers' long-term vision to expand into sustainable and future-oriented business segments. The company stated that the acquisition would enable them to tap into the opportunities prevailing in the renewable energy sector.

Financial Aspects

The all-cash deal valued at ₹115,60,60,660 gives EIEL 100% control of Vento Power Infra. The acquired company's financial profile reveals:

Vento Power Infra's turnover for the past three years shows a slight decline:

Corporate Structure

Following the acquisition, Vento Power Infra has become a wholly-owned subsidiary of EIE Renewables Private Limited and a step-down wholly-owned subsidiary of Enviro Infra Engineers Limited.

Transaction Advisors

Deloitte Touche Tohmatsu India LLP acted as the sell-side transaction advisor, with Saraf and Partners serving as the legal advisor for this transaction.

This acquisition represents a significant step for Enviro Infra Engineers in diversifying its portfolio and strengthening its position in the renewable energy sector. The move is expected to contribute to the company's growth in the sustainable energy market, leveraging the increasing demand for clean power solutions.