ENGINERSINConstruction

Engineers India Limited

Civil Construction · ISIN INE510A01028 · BSE 532178 · NSE EQ · FV ₹5
Last price
₹301
+4.01%today
What this company does

Engineers India Limited operates in Civil Construction, part of the Construction sector. It booked ₹824 cr of revenue in its latest quarter (Q2 FY27) and kept 23.9% of sales as profit. It is the 7th largest of 9 Civil Construction companies we track, by market value.

“Rooted in a distinguished legacy spanning six decades, Engineers India Limited (EIL) stands as a global engineering consultancy and comprehensive solutions company, recognised for its enduring contribution to shaping India's energy and industrial landscape.”
In the report:
76out of 100
Equitytale Health Score
Solid

Healthier than 76% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 11–24 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)
58

At close. Not part of the score.

Profitability & returns98

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet90

How much it owes, and whether earnings cover the interest

Cash quality62

Whether reported profit actually arrives as cash

Growth & consistency64

Whether sales and profit have grown, and how steadily

Valuation30

What today's price implies, against our models or its peers

Governance & risk100

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

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 24% net margin
✓ Profit up 136% vs last year
✓ Promoters hold 51%
✓ No promoter shares pledged
✓ Strong 24% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Sales down 11% vs last year

What if I invest in ENGINERSIN?

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 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — 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 We do not publish price targets or predict returns.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
₹301▲ +4.01%
latest close · 2026-11-04
1-year return
+283.7%
52-wk low ₹5652-wk high ₹321
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 ratio21.5Average
LowAverageHigh
P/B ratio5.06High
Below bookModerateHigh
EV / EBITDA17.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.5%Strong
WeakFairStrong ▸15%
Return on capital26.0%Strong
WeakFairStrong
Net margin23.9%Strong
ThinDecentStrong
EBITDA margin28.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover903.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.32Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹16,909 cr
Book value
₹59
EPS
₹3.50
latest quarter
Net debt
₹-119 cr
more cash than debt
Enterprise value
₹16,790 cr
EBITDA
₹954 cr
annualised
EBIT
₹913 cr
annualised
Operating margin
27.7%
Return on assets
11.8%
Earnings yield
4.65%
P/S
5.13
Sales / share
₹58.7
Tax rate
22.9%
Face value
₹5
Shares
56.2 cr
Working capital
₹1,015 cr
Current assets
₹4,155 cr
Current liabilities
₹3,140 cr
Delivery %
37.9%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹127 vs market price ₹301 — price is 136% above it
Safety cushion-136.1%(target ≥ +20%)
Models span ₹77–₹130, midpoint ₹127
Model ₹127
Price ₹301
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 · Q2 FY27 (consolidated)
Revenue from Operations₹824 cr
Other Income₹66 cr
Total Income₹890 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹281 cr
Finance Costs₹25.3 L
Depreciation & Amortisation₹10 cr
Other Expenses₹371 cr
Total Expenses₹662 cr
Profit before Tax₹228 cr
Tax Expense₹52 cr
Share of JV / Associates₹21 cr
Net Profit₹197 cr
Net margin on total income22.1%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹281 cr30.8%
Finance costs₹25.3 L0.0%
Depreciation & amortisation₹10 cr1.1%
Other expenses₹371 cr40.7%
Tax expense₹52 cr5.7%
Profit for the period₹197 cr21.6%
Total income ₹890 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue926 cr820 cr824 cr
Total income989 cr858 cr890 cr
Expenses786 cr704 cr662 cr
Profit before tax203 cr154 cr228 cr
Tax46 cr39 cr52 cr
Net profit (owners' share)196 cr158 cr197 cr
Net margin (owners' share, on revenue)21.1%19.3%23.9%
EPS (₹)3.472.813.50
YoY (latest quarter): total income -7.1% · net profit +135.6%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹6,645 cr
Shareholder equity
₹3,341 cr
parent shareholders
Total debt
₹0 cr
Cash
₹119 cr
Cash flow · H1 FY27
Operating
₹624 cr
Investing
₹-450 cr
Financing
₹-143 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,948₹5.43 L cr26.1
Rail Vikas Nigam Limited₹184₹38,414 cr60.6
Kalpataru Projects International Limited₹1,321₹22,570 cr18.2
Cemindia Projects Limited₹1,271₹21,829 cr38.7
NBCC (India) Limited₹75₹20,320 cr33.0
IRB Infrastructure Developers Limited₹16₹19,687 cr16.3
Engineers India Limitedthis company₹289₹16,257 cr20.7
Techno Electric & Engineering Company Limited₹850₹9,887 cr26.5
Ircon International Limited₹100₹9,390 cr25.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.83%
trailing 12 months
Dividend / share (TTM)
₹2.5
Last dividend
₹1.5
ex 6 Mar 2026
ActionDetailEx-date
Dividend₹1.5 / share6 Mar 2026
Dividend₹1 / share4 Dec 2025
Dividend₹2 / share29 Aug 2025
Dividend₹2 / share14 Feb 2025
Dividend₹1 / share21 Aug 2024
Dividend₹2 / share12 Feb 2024
Who owns it · 2026-09-30
No pledge
Promoter
51.3%
FII / Foreign
8.1%
DII / Domestic
16.6%
Retail / others
24.0%
Smart-money activity
Insider trades
SoldPresident of India through Ministry of Petroleum and Natural Gas · Promoters3.69 cr · ₹310.3 cr15 Feb 21
SoldThe President of India(acting through the Ministry of Petroleum and Natural Gas · Promoters31.59 L · ₹33.6 cr10 Oct 19
SoldPresident of India · Promoters1.36 cr · ₹6.8 cr23 Nov 17
Bulk / block deals
short— · NSE5029 Oct 26
short— · NSE1,25026 Oct 26
short— · NSE17923 Oct 26
Stake changes
SoldDsp Trustee Private Ltd on behalf of Schemes of DSP Mutual Fund ( Seller)→ 3.12% · 6.54 L19 Feb 24
SoldLife Insurance Corporation of India→ 3.12% · 1.14 cr22 Nov 23
SoldLife Insurance Corporation of India→ 3.12% · 1.14 cr22 Nov 23
What shareholders were asked to approve
7 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 · 18 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on 31.03.2026, together with the Directors’ Report and the Auditors’ Report thereon and Comments of the Comptroller and Auditor General of India.
Backed by 95% of shareholders other than promotersneeded 50%
11.59 cr votes for, 58.27 L against · 5% of mutual funds and other big investors said no
2
To declare final dividend for the financial year ended 31.03.2026.
Backed by 100% of shareholders other than promotersneeded 50%
12.25 cr votes for, 13,170 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Rajiv Agarwal (DIN:09748894), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 76% of shareholders other than promotersneeded 50%
9.35 cr votes for, 2.90 cr against · 24% of mutual funds and other big investors said no
4
To appoint a Director in place of Shri Arun Kumar (DIN:10627518), who retires by rotation and being eligible, offers himself for re-appointment.
⚑ Passed only because promoters voted yes
Backed by 40% of shareholders other than promotersneeded 50%
4.84 cr votes for, 7.22 cr against · 60% of mutual funds and other big investors said no
7
To appoint Smt. Kahuli Sema (DIN: 11893225) as Non- official Independent Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 49% of shareholders other than promotersneeded 75%
5.90 cr votes for, 6.16 cr against · 51% 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 — 1 named members
owning 51.3% between them · as of 2026-09-30
PRESIDENT OF INDIA51.32%

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.

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