EIELUtilities

Enviro Infra Engineers Limited

Water Supply & Management · ISIN INE0LLY01014 · BSE 544290 · NSE EQ · FV ₹10
Last price
₹200
+2.45%today
What this company does

Enviro Infra Engineers Limited operates in Water Supply & Management, part of the Utilities sector. It booked ₹359 cr of revenue in its latest quarter (Q1 FY27) and kept 11.1% of sales as profit. It is the 3rd largest of 6 Water Supply & Management companies we track, by market value.

The Company is engaged in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs).
Their stated mission

is to innovate and implement sustainable solutions that address the critical challenges of water resource management.

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Utilities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 7–25 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns74

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality20

Whether reported profit actually arrives as cash

Valuation0

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 49% vs last year
Promoters hold 70%
No promoter shares pledged
Watch-outs
! Operating cash flow is negative

What if I invest in EIEL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹200 +2.45%
latest close · 2026-09-17
52-wk low ₹18842 sessions so far52-wk high ₹233
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.0Average
LowAverageHigh
P/B ratio2.84Moderate
Below bookModerateHigh
EV / EBITDA11.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.9%Fair
WeakFairStrong ▸15%
Return on capital19.4%Strong
WeakFairStrong
Net margin11.1%Decent
ThinDecentStrong
EBITDA margin22.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.34Comfortable
LowModerateHigh ▸1
Interest cover5.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.56Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,504 cr
Book value
₹70
EPS
₹2.27
latest quarter
Net debt
₹370 cr
owes more than its cash
Enterprise value
₹3,875 cr
EBITDA
₹327 cr
annualised
EBIT
₹292 cr
annualised
Operating margin
20.3%
Return on assets
7.8%
Earnings yield
4.55%
P/S
2.44
Sales / share
₹81.9
Tax rate
22.8%
Face value
₹10
Shares
17.6 cr
Working capital
₹830 cr
Current assets
₹1,364 cr
Current liabilities
₹534 cr
Delivery %
38.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹86 vs market price ₹200 — price is 131% above it
Safety cushion-131.5%(target ≥ +20%)
Models span ₹72₹126, midpoint ₹86
Model ₹86
Price ₹200
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹359 cr
Other Income₹6 cr
Total Income₹365 cr
Cost of Materials₹182 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹25 cr
Finance Costs₹14 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹77 cr
Total Expenses₹307 cr
Exceptional Items₹0.99 L
Profit before Tax₹59 cr
Tax Expense₹13 cr
Net Profit₹45 cr
Net margin on total income12.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹182 cr49.7%
Employee benefit expense₹25 cr6.7%
Finance costs₹14 cr4.0%
Depreciation & amortisation₹9 cr2.4%
Other expenses₹77 cr21.2%
Tax expense₹13 cr3.6%
Profit for the period₹45 cr12.4%
Total income ₹365 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue250 cr427 cr359 cr
Total income258 cr439 cr365 cr
Expenses200 cr368 cr307 cr
Profit before tax58 cr71 cr59 cr
Tax16 cr17 cr13 cr
Net profit (owners' share)40 cr52 cr40 cr
Net margin (owners' share, on revenue)16.2%12.2%11.1%
EPS (₹)2.302.962.27
YoY (latest quarter): total income +46.5% · net profit -4.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,042 cr
Shareholder equity
₹1,233 cr
parent shareholders
Total debt
₹422 cr
Cash
₹52 cr
Cash flow · H1 FY26
Operating
₹-105 cr
Investing
₹43 cr
Financing
₹-24 cr
Peer comparison
Water Supply & Management · by market value
CompanyPriceMarket capP/E
VA Tech Wabag Limited₹2,075₹12,968 cr36.1
ION Exchange (India) Limited₹424₹6,039 cr303.1
Enviro Infra Engineers Limitedthis company₹200₹3,504 cr22.0
Technocraft Ventures Limited₹439₹1,322 cr30.9
Denta Water and Infra Solutions Limited₹278₹743 cr16.7
JITF Infralogistics Limited₹286₹280 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
70.2%
FII / Foreign
0.7%
DII / Domestic
0.7%
Retail / others
28.4%
Promoter stake up 0.2% over the last 8 quarters.
Smart-money activity
Insider trades
BoughtMANISH JAIN · Promoter and Director22,529 · ₹42.7 L2 Sep 26
BoughtMANISH JAIN · Promoter and Director40,000 · ₹76.9 L1 Sep 26
BoughtManish Jain · Promoter and Director7,471 · ₹14.6 L31 Aug 26
Bulk / block deals
BoughtHRTI PRIVATE LIMITED · NSE10.38 L @ ₹217.3116 Apr 26
SoldHRTI PRIVATE LIMITED · NSE10.11 L @ ₹218.116 Apr 26
SoldQICAP MARKETS LLP · NSE8.96 L @ ₹216.6215 Apr 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2026 and the reports
Backed by 100% of shareholders other than promotersneeded 50%
39.06 L votes for, 2 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr. Manish Jain (DIN: 02671522), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 96% of shareholders other than promotersneeded 50%
37.61 L votes for, 1.45 L against · 7% of mutual funds and other big investors said no
3
To approve granting of Loan or Guarantee or providing Security in connection with any Loan to be taken by Suyog Urja Limited.
Backed by 96% of shareholders other than promotersneeded 75%
37.60 L votes for, 1.46 L against · 7% of mutual funds and other big investors said no
4
To approve Material Related Party Transactions to be entered between the Company and Suyog Urja Limited, Step-Down Subsidiary Company of the Company.
Promoters had a personal stake in this
Backed by 96% of shareholders other than promotersneeded 50%
37.61 L votes for, 1.45 L against · 7% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 19 named members
owning 70.2% between them · as of 2026-06-30
MANISH JAIN27.88%
SANJAY JAIN27.88%
RITU JAIN7.19%
SHACHI JAIN7.19%
PIYUSH JAIN0.04%
ABHIGYA JAINno shares
ARNAV JAINno shares
Enviro Infra Engineers Limited Employees Group Gratuity Trustno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹572 cr raised in Nov 2024 by selling shares to the public

As of Jun 2026, the company says it has spent 89% of what it set aside, leaving ₹56 cr still to be spent. CRISIL RATINGS LIMITED watches the spending on the exchange’s behalf.

To meet the Working Capital Requirements
100%
₹181 cr of ₹181 cr
Infusion of funds in the Subsidiary, EIEL Mathura Infra Engineers Private Limited (“EIEL Mathura”) to build 60 MLD STP under project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode
100%
₹30 cr of ₹30 cr
Repayment/prepayment in full or in part, of certain of the outstanding borrowings
100%
₹120 cr of ₹120 cr
Funding inorganic growth through unidentified acquisitions and general corporate purposes
70%
₹131 cr of ₹186 cr
Spent by quarter: 57%73%80%86%89%89% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.