Annuncio • May 05
Engineers India Limited to Report Q4, 2026 Results on May 21, 2026 Engineers India Limited announced that they will report Q4, 2026 results on May 21, 2026 New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.7% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Major Estimate Revision • Feb 19
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₹38.4b to ₹40.0b. EPS estimate increased from ₹9.47 to ₹11.15 per share. Net income forecast to shrink 31% next year vs 26% growth forecast for Construction industry in India . Consensus price target broadly unchanged at ₹247. Share price rose 20% to ₹218 over the past week. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹6.18 (vs ₹1.94 in 3Q 2025) Third quarter 2026 results: EPS: ₹6.18 (up from ₹1.94 in 3Q 2025). Revenue: ₹12.7b (up 66% from 3Q 2025). Net income: ₹3.47b (up 219% from 3Q 2025). Profit margin: 27% (up from 14% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹202, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Construction industry in India. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹119 per share. Annuncio • Feb 04
Engineers India Limited to Report Q3, 2026 Results on Feb 12, 2026 Engineers India Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹1.49 (vs ₹1.77 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.49 (down from ₹1.77 in 2Q 2025). Revenue: ₹9.58b (up 39% from 2Q 2025). Net income: ₹834.9m (down 16% from 2Q 2025). Profit margin: 8.7% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 28
Engineers India Limited to Report Q2, 2026 Results on Nov 14, 2025 Engineers India Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Annuncio • Sep 26
Engineers India Limited Announces Board Appointments Engineers India Limited announced the appointment of Shri Deepak Mhaskey as Non-official independent director of the company and appointment karuna gopal vartakavi as Non-official independent director. Annuncio • Aug 26
Engineers India Limited, Annual General Meeting, Sep 24, 2025 Engineers India Limited, Annual General Meeting, Sep 24, 2025, at 11:00 Indian Standard Time. Declared Dividend • Aug 23
Dividend increased to ₹2.00 Dividend of ₹2.00 is 100% higher than last year. Ex-date: 29th August 2025 Payment date: 1st January 1970 Dividend yield will be 2.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but not covered by cash flows (334% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.2% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.16 (vs ₹1.63 in 1Q 2025) First quarter 2026 results: EPS: ₹1.16 (down from ₹1.63 in 1Q 2025). Revenue: ₹9.07b (up 45% from 1Q 2025). Net income: ₹654.0m (down 29% from 1Q 2025). Profit margin: 7.2% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 02
Engineers India Limited to Report Q1, 2026 Results on Aug 13, 2025 Engineers India Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Price Target Changed • Jun 05
Price target increased by 7.6% to ₹233 Up from ₹217, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹231. Stock is up 1.1% over the past year. The company is forecast to post earnings per share of ₹6.20 for next year compared to ₹10.32 last year. Reported Earnings • May 30
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: ₹10.32 (up from ₹7.92 in FY 2024). Revenue: ₹32.5b (down 1.0% from FY 2024). Net income: ₹5.80b (up 30% from FY 2024). Profit margin: 18% (up from 14% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 29
Engineers India Limited Recommends Final Dividend for the Financial Year 2024-25 Engineers India Limited board at its meeting held on May 29, 2025 recommended final dividend of INR 2/- per share (on the face value of INR 5/- each) on the equity shares of the Company for the financial year 2024-25. The final dividend is subject to approval of shareholders in the ensuing Annual General Meeting. Annuncio • May 20
Engineers India Limited to Report Q4, 2025 Results on May 29, 2025 Engineers India Limited announced that they will report Q4, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹184, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 190% over the past three years. Annuncio • Apr 01
Engineers India Limited Announces Superannuation of Rajeev Kumar as Executive Director (Supply & Chain Management) Engineers India Limited announced that Superannuation of Shri. Rajeev Kumar as Executive Director (Supply & Chain Management). Price Target Changed • Feb 16
Price target decreased by 7.5% to ₹218 Down from ₹235, the current price target is an average from 6 analysts. New target price is 36% above last closing price of ₹160. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₹5.40 for next year compared to ₹7.92 last year. Declared Dividend • Feb 12
Dividend of ₹2.00 announced Dividend of ₹2.00 is the same as last year. Ex-date: 14th February 2025 Payment date: 12th March 2025 Dividend yield will be 1.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹1.94 (vs ₹1.13 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.94 (up from ₹1.13 in 3Q 2024). Revenue: ₹7.65b (down 12% from 3Q 2024). Net income: ₹1.09b (up 72% from 3Q 2024). Profit margin: 14% (up from 7.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year and the company’s share price has also increased by 34% per year. Annuncio • Feb 10
Engineers India Limited Declares an Interim Dividend for the Financial Year 2024-25, Payable on and from 3 March 2025 Engineers India Limited at its board meeting held on February 10, 2025 declared an Interim Dividend of INR 2 per share (on the face value of INR 5 each) of the Company for the financial year 2024-25. The Record date for Interim Dividend 2024-25 is 14 February 2025. The Interim Dividend for the financial year 2024-25 on the equity shares of the Company shall be paid on and from 3 March 2025. Buy Or Sell Opportunity • Feb 05
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to ₹169. The fair value is estimated to be ₹139, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Annuncio • Feb 03
Engineers India Limited to Report Q3, 2025 Results on Feb 10, 2025 Engineers India Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Annuncio • Jan 01
Engineers India Limited Announces Change in Senior Management Engineers India Limited announced change in senior management with effect from 1 January 2025. Name: Shri Nalin Kumar. Designation: Executive Director (Technical). Reason of Change: Promoted as Executive Director. Name: Shri Atanu Bhowmik. Designation: Executive Director (HR). Reason of Change: Superannuation. Father's Name: Late Shri RATAN KUMAR. Date of Birth: 24-April-1970.Qualification: B.Tech. (Hons.) Mechanical. Address: 153-C, Pocket-4, Mayur Vihar Phase-1, Delhi 110091. Experience: At present, Group General Manager & Head of Department (Static & Machinery Equipment), Equipment Division, Engineers India Limited. Has been with EIL for more than 30 years and is currently heading a highly skilled team of 130+ engineering professionals from the field of Rotating equipment, Packaged Equipment and Static Equipment. Has been providing engineering services related to pumps, compressors, gas/steam turbines, diesel/gas engines, expanders, fans/blowers etc. and various packaged equipment with an objectiveof procurement of equipment suitable for the specified process conditions/duty. Also, as part of EIL's initiative in assisting their esteemed clientele in their energy transition journey towards net-zero, by recommending technological solutions which lead to a sustainable future. Annuncio • Dec 20
Engineers India Limited Announces Board Changes Engineers India Limited announced that Shri Rupesh Kumar Singh, Executive Director, Engineers India Limited has been appointed as Director (HR), Engineers India Limited vide Ministry of Petroleum & Natural Gas letter No. CA- 31018/7/2021-PNG (39934) dated December 19, 2024, with effect from the date of his assumption of charge till the date of his superannuation, or until further orders, whichever is earlier. Shri Rupesh Kumar Singh has assumed the charge of the post of Director (HR) of the Company with effect from December 20, 2024. With the above, the additional charge of the post of Director (HR) entrusted to Shri Rajiv Agarwal, Director (Technical), Engineers India Limited has been handed over to Shri Rupesh Kumar Singh with effect from above date. Shri Rupesh Kumar Singh’s Qualification:- (i) Degree in Engineering (Civil), IIT Kanpur, 1991. (ii) Diploma/Certificate Course (Financial Management), IGNOU, 1997. (iii) PG Diploma/Certificate Management (Business Administration), IGNOU, 2000. (iv) Diploma/Certificate Course (Project Management Professional (PMP), PMI, 2023. (v) Certificate Course (Human Resource Management), SHRM, 2023. Experience:- 33 Years, Shri Rupesh Kumar Singh, a Civil Engineer from IIT Kanpur, has over 33 years of extensive experience in construction management. He began his career as a Management Trainee at EIL in 1991 and has played a pivotal role in the successful execution of numerous mega projects, both domestically and internationally. He has been actively involved in monitoring welfare measures for over 70,000 workmen engaged in various phases of construction projects across sectors such as refineries, petrochemicals, infrastructure, and others. In addition, he has managed the HR functions for EIL employees and their families at project sites. Since 2023, Shri Singh has been leading the Construction Division of the company. He is also a member of the company's CSR council. His recent initiatives include developing the EIL mobile app for site HSE (Health, Safety, and Environment) observations and implementing Al-based HSE management systems at construction sites. Annuncio • Nov 14
Engineers India Limited Announces Board Changes Engineers India Limited at its board meeting held on November 14, 2024, approved that Shri Subhas Balakumar, Executive Director (Projects), Engineers India Limited has been appointed as Director (Projects), Engineers India Limited vide Ministry of Petroleum & Natural Gas letter No. CA-31018/1/2023-PNG (45460) dated November 13, 2024, effective the date of his assumption of charge till the date of his superannuation, i.e. May 31, 2027, or until further orders, whichever is earlier. Shri Subhas Balakumar (DIN: 10411610) has assumed the charge of the post of Director (Projects) of the Company effective November 14, 2024. With the above, the additional charge of the post of Director (Projects) entrusted to Shri Atul Gupta, Director (Commercial), Engineers India Limited handed over to Shri Subhas Balakumar effective above date. Subhas Balakumar was born on May 12, 1967. Qualification: Bachelor of Engineering (Civil). Shri Subhas Balakumar is Graduate in Civil Engineering from Government College of Engineering, Tirunelveli, Tamil Nadu in 1988. After a stint of around 3 years in an EPC Contracting company executing projects in the Power Sector, joined Ell in 1991 at Digboi Refinery Modernization project in Assam. During the span of 33 years in Ell, he has been associated with successful implementation of many prestigious projects in Refineries, Petrochemicals, Pipelines, Power, Metallurgy & Infrastructure sectors both in India and abroad. He has been instrumental in timely completion of projects both in both green field and brown field areas with extensive experience in Project, Construction and Contract Management. Shri Balakumar has been involved in implementation of projects in the niche areas of infrastructure like Data Centers, R & D complexes, High Speed Rail etc. As Executive Director- Projects, handling mega projects spanning across the globe including the middle east operations. Reported Earnings • Oct 30
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: ₹1.77 (down from ₹2.27 in 2Q 2024). Revenue: ₹7.36b (down 6.8% from 2Q 2024). Net income: ₹996.3m (down 22% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 4.1%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 38% per year. Annuncio • Oct 16
Engineers India Limited Appoints Rajiv Agarwal as Director Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Ministry of Petroleum & Natural Gas, Government of India vide its letter No. CA-31018/2/2023-CA-PNG(47633) dated October 15, 2024, has communicated that the Appointments Committee of the Cabinet (ACC) has approved the entrustment of additional charge of the post of Director (HR), Engineers India Limited (EIL) to Shri Rajiv Agarwal, Director (Technical), (DIN: 09748894) Engineers India Limited for a period of six months with effect from October 1, 2024, or till assumption of charge of the post by the regular incumbent, or until further orders, whichever is the earliest. Annuncio • Oct 11
Engineers India Limited to Report Q2, 2025 Results on Oct 29, 2024 Engineers India Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Annuncio • Aug 12
Engineers India Limited, Annual General Meeting, Sep 11, 2024 Engineers India Limited, Annual General Meeting, Sep 11, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹1.63 (vs ₹2.47 in 1Q 2024) First quarter 2025 results: EPS: ₹1.63 (down from ₹2.47 in 1Q 2024). Revenue: ₹6.63b (down 19% from 1Q 2024). Net income: ₹916.0m (down 34% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 47% per year. Declared Dividend • Aug 10
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 21st August 2024 Payment date: 1st January 1970 Dividend yield will be 1.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (89.7% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 30
Engineers India Limited to Report Q1, 2025 Results on Aug 09, 2024 Engineers India Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (31% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹222, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Construction industry in India. Total returns to shareholders of 178% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹107 per share. New Risk • May 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • May 29
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: ₹7.92 (up from ₹6.16 in FY 2023). Revenue: ₹35.0b (up 5.1% from FY 2023). Net income: ₹4.45b (up 29% from FY 2023). Profit margin: 13% (up from 10% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 44% per year. Annuncio • May 19
Engineers India Limited to Report Q4, 2024 Results on May 28, 2024 Engineers India Limited announced that they will report Q4, 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹254, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹119 per share. Annuncio • May 16
Engineers India Limited Appoints Shri Arun Kumar as Director (Government Nominee) Engineers India Limited announced that Shri Arun Kumar was appointed as Director (Government Nominee) with effect from May 14, 2024 for a period of three years on co-terminus basis or until further orders, whichever is earlier. Date of Birth: May 15, 1969. Qualification: B.Sc.(Hons). Experience: Presently, Working as Director (Marketing), Ministry of Petroleum and Natural Gas, Have worked in various capacities in Ministry of Home Affairs, Erstwhile Planning Commission, Ministry of Education, Ministry of Labour & Employment, Ministry of Steel, Ministry of Mines, Ministry of Rural Development and Ministry of Agriculture and Farmers Welfare. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹187, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Construction industry in India. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹121 per share. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹201, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹124 per share. Declared Dividend • Feb 09
Dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 12th February 2024 Payment date: 3rd March 2024 Dividend yield will be 1.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (177% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 4.7% over the next 2 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range. Price Target Changed • Feb 05
Price target increased by 37% to ₹214 Up from ₹156, the current price target is an average from 6 analysts. New target price is 12% below last closing price of ₹244. Stock is up 213% over the past year. The company is forecast to post earnings per share of ₹6.70 for next year compared to ₹6.16 last year. Reported Earnings • Feb 03
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: ₹1.13 (up from ₹0.29 in 3Q 2023). Revenue: ₹8.98b (up 6.6% from 3Q 2023). Net income: ₹633.5m (up 293% from 3Q 2023). Profit margin: 7.1% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 02
Engineers India Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on & from February 23, 2024 Engineers India Limited declared an Interim Dividend of INR 2/- per share (on the face value of 5/-each) of the Company for the financial year 2023-24. The Record date for Interim Dividend 2023-24 is February 12, 2024. The Interim Dividend for the financial year 2023-24 on the equity shares of the Company shall be payable on & from February 23, 2024. The Dividend warrants would be posted on or after 23'd February, 2024 and within 30 days from the date of declaration of dividend as per the provisions of the Companies Act, 2013. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹197, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹96.42 per share. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹2.27 (vs ₹1.34 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.27 (up from ₹1.34 in 2Q 2023). Revenue: ₹8.34b (up 5.1% from 2Q 2023). Net income: ₹1.27b (up 70% from 2Q 2023). Profit margin: 15% (up from 9.5% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Buying Opportunity • Oct 23
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₹168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 5.7%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 27% in the next 2 years. Annuncio • Sep 01
Engineers India Limited Announces Executive Changes Engineers India Limited announced the promotion of N S Vasudev as Executive Director. Company announced Superannuation of John Paul Valiyapunam as Executive Director (Construction).Shri N. S. Vasudev is Executive Director (Projects) of the Company. He graduated in Electrical and Electronics Engineering from Annamalai University, Chidambaram, Tamilnadu. He joinedEIL as a Management Trainee in year 1986. He has extensive experience in Construction and Project Management across the complete Hydrocarbon value chain and has served EIL in various capacities and led successful implementation of many prestigious projects in Oil and Gas sectors. In his illustrious career spanning more than 36 years, Shri N.S. Vasudev has led execution of Petrochemical Projects, Gas processing complexes, Pipelines, LNG terminals, LPG and multi product Terminals, Underground Strategic storages for crude oil and LPG, Fertilizer. He has multi-faceted experience of leading teams of Projects division of the company. Shri N.S. Vasudev has contributed extensively in development of Underground Strategic Storages. Upcoming Dividend • Aug 18
Upcoming dividend of ₹1.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 15 October 2023. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.9%). Annuncio • Aug 13
Engineers India Limited, Annual General Meeting, Sep 15, 2023 Engineers India Limited, Annual General Meeting, Sep 15, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: ₹2.47 (vs ₹1.15 in 1Q 2023) First quarter 2024 results: EPS: ₹2.47 (up from ₹1.15 in 1Q 2023). Revenue: ₹9.12b (up 12% from 1Q 2023). Net income: ₹1.39b (up 114% from 1Q 2023). Profit margin: 15% (up from 8.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 14
Engineers India Limited to Report Q1, 2024 Results on Aug 02, 2023 Engineers India Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Major Estimate Revision • Jun 06
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₹7.85 to ₹7.00 per share. Revenue forecast steady at ₹37.1b. Net income forecast to grow 31% next year vs 28% growth forecast for Construction industry in India. Consensus price target up from ₹97.60 to ₹122. Share price was steady at ₹110 over the past week. Price Target Changed • May 30
Price target increased by 17% to ₹115 Up from ₹98.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹111. Stock is up 78% over the past year. The company is forecast to post earnings per share of ₹7.18 for next year compared to ₹6.16 last year. Reported Earnings • May 27
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: ₹6.16 (up from ₹2.48 in FY 2022). Revenue: ₹34.9b (up 20% from FY 2022). Net income: ₹3.46b (up 148% from FY 2022). Profit margin: 9.9% (up from 4.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Annuncio • May 27
Engineers India Limited Recommends Final Dividend for the Financial Year 2022-23 Engineers India Limited Recommended final dividend of INR 1 per share (on the face value of INR 5 each) on the equity shares of the Company for the financial year 2022-23. The final dividend is subject to approval of shareholders in the upcoming Annual General Meeting.