Engineers India Invests ₹34.58 Crore in Numaligarh Refinery
Engineers India Limited (EIL) has made an additional investment of ₹34.58 crore in Numaligarh Refinery Ltd (NRL). This strategic move by the state-owned engineering consultancy firm reinforces its commitment to the refinery sector and could potentially strengthen its position in the oil and gas infrastructure domain. The specific nature and purpose of this investment have not been disclosed.
29May 25
Engineers India Reports Significant Growth in Q4 Results
Engineers India Ltd (EIL) has posted impressive Q4 results, with revenue increasing by 24.22% to ₹10.00 billion. The company's EBITDA surged to ₹3.00 billion from ₹775.00 million, with EBITDA margin expanding to 29.80%. Net profit rose significantly to ₹3.00 billion, marking a 158.62% year-over-year growth. These results demonstrate EIL's strong execution capabilities and operational efficiency in the engineering and consultancy sector.
01Apr 25
Engineers India Secures Orders Worth ₹245 Crore, Boosting Project Portfolio
Engineers India Limited (EIL) has won new consultancy assignments worth ₹245 crore from state-owned organizations in Maharashtra and West Bengal. The projects will be executed on a cost-plus basis, potentially boosting EIL's revenue in upcoming quarters. This order win showcases EIL's expertise in engineering consultancy and its strong position in government sector projects across different regions of India.
31Mar 25
Engineers India Ltd Sets Ambitious 25% Revenue Growth Target for FY26
Engineers India Ltd (EIL) has announced plans to achieve 25% revenue growth by FY26, with an EBITDA margin target of 13-14%. The company reports current year order inflows of Rs 8,400-8,500 crore. EIL is also expanding into the defense sector as part of its growth strategy.
25Mar 25
Engineers India Secures Two Middle East Contracts Worth ₹730 Crore
Engineers India Limited (EIL) has won two significant contracts from Middle East clients, totaling approximately ₹730 crore ($88 million). The first contract, valued at ₹650 crore, is for PMC services over 5 years. The second, worth ₹80 crore, is for Engineering and Project Management services over 4 years. These contracts are expected to boost EIL's international portfolio and financial performance.
18Mar 25
Engineers India Secures Major 253 Crore Rupee Order, Boosting Project Portfolio
Engineers India Limited (EIL) has won a new order worth ₹253 crore. This significant contract is expected to boost the company's revenue, enhance its order book, and strengthen its market position. While specific project details are undisclosed, the order aligns with EIL's core competencies in engineering and consultancy services.