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ENGI

Engineers India NSEI:ENGINERSIN Stock Report

Last Price

₹60.05

Market Cap

₹33.9b

7D

0.6%

1Y

-27.7%

Updated

18 May, 2022

Data

Company Financials +
ENGINERSIN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends2/6

ENGINERSIN Stock Overview

Engineers India Limited, an engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services primarily for oil and gas, and petrochemical industries in India and internationally.

Engineers India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Engineers India
Historical stock prices
Current Share Price₹60.05
52 Week High₹89.50
52 Week Low₹58.00
Beta0.56
1 Month Change-10.11%
3 Month Change-8.67%
1 Year Change-27.65%
3 Year Change-46.98%
5 Year Change-60.99%
Change since IPO10.86%

Recent News & Updates

Mar 30
Estimating The Fair Value Of Engineers India Limited (NSE:ENGINERSIN)

Estimating The Fair Value Of Engineers India Limited (NSE:ENGINERSIN)

How far off is Engineers India Limited ( NSE:ENGINERSIN ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

ENGINERSININ ConstructionIN Market
7D0.6%0.2%0.7%
1Y-27.7%8.5%10.6%

Return vs Industry: ENGINERSIN underperformed the Indian Construction industry which returned 8.5% over the past year.

Return vs Market: ENGINERSIN underperformed the Indian Market which returned 10.6% over the past year.

Price Volatility

Is ENGINERSIN's price volatile compared to industry and market?
ENGINERSIN volatility
ENGINERSIN Average Weekly Movement4.3%
Construction Industry Average Movement7.2%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: ENGINERSIN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ENGINERSIN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19652,766Vartika Shuklahttps://www.engineersindia.com

Engineers India Limited, an engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services primarily for oil and gas, and petrochemical industries in India and internationally. The company operates in two segments, Consultancy & Engineering Projects, and Turnkey Projects. It also offers supply chain management services, such as supplier/contractor registration and revalidation, contracting and purchasing of goods/services/works, expediting, inspection, logistics, supplier/contractor performance review, etc.; and develops various process technologies for petroleum refining, oil and gas processing, and aromatics industries.

Engineers India Fundamentals Summary

How do Engineers India's earnings and revenue compare to its market cap?
ENGINERSIN fundamental statistics
Market Cap₹33.92b
Earnings (TTM)₹853.17m
Revenue (TTM)₹32.27b

39.6x

P/E Ratio

1.0x

P/S Ratio

Is ENGINERSIN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENGINERSIN income statement (TTM)
Revenue₹32.27b
Cost of Revenue₹26.06b
Gross Profit₹6.21b
Other Expenses₹5.35b
Earnings₹853.17m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 27, 2022

Earnings per share (EPS)1.52
Gross Margin19.23%
Net Profit Margin2.64%
Debt/Equity Ratio0.2%

How did ENGINERSIN perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

175%

Payout Ratio

Valuation

Is Engineers India undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


23.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ENGINERSIN (₹60.05) is trading below our estimate of fair value (₹78.74)

Significantly Below Fair Value: ENGINERSIN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ENGINERSIN is poor value based on its PE Ratio (39.6x) compared to the Indian Construction industry average (17.4x).

PE vs Market: ENGINERSIN is poor value based on its PE Ratio (39.6x) compared to the Indian market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: ENGINERSIN is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ENGINERSIN is overvalued based on its PB Ratio (1.9x) compared to the IN Construction industry average (1x).


Future Growth

How is Engineers India forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


33.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENGINERSIN's forecast earnings growth (33.3% per year) is above the savings rate (6.7%).

Earnings vs Market: ENGINERSIN's earnings (33.3% per year) are forecast to grow faster than the Indian market (18.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ENGINERSIN's revenue (7.4% per year) is forecast to grow slower than the Indian market (11.9% per year).

High Growth Revenue: ENGINERSIN's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENGINERSIN's Return on Equity is forecast to be high in 3 years time (23.1%)


Past Performance

How has Engineers India performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENGINERSIN has a large one-off loss of ₹1.5B impacting its December 31 2021 financial results.

Growing Profit Margin: ENGINERSIN's current net profit margins (2.6%) are lower than last year (11.9%).


Past Earnings Growth Analysis

Earnings Trend: ENGINERSIN's earnings have declined by 15.8% per year over the past 5 years.

Accelerating Growth: ENGINERSIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ENGINERSIN had negative earnings growth (-75.2%) over the past year, making it difficult to compare to the Construction industry average (21.1%).


Return on Equity

High ROE: ENGINERSIN's Return on Equity (4.9%) is considered low.


Financial Health

How is Engineers India's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ENGINERSIN's short term assets (₹24.8B) exceed its short term liabilities (₹24.7B).

Long Term Liabilities: ENGINERSIN's short term assets (₹24.8B) exceed its long term liabilities (₹135.9M).


Debt to Equity History and Analysis

Debt Level: ENGINERSIN has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ENGINERSIN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ENGINERSIN's debt is well covered by operating cash flow (2551.5%).

Interest Coverage: ENGINERSIN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Engineers India current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.33%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ENGINERSIN's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: ENGINERSIN's dividend (3.33%) is in the top 25% of dividend payers in the Indian market (1.58%)


Stability and Growth of Payments

Stable Dividend: ENGINERSIN's dividend payments have been volatile in the past 10 years.

Growing Dividend: ENGINERSIN's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (174.6%), ENGINERSIN's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (164.9%), ENGINERSIN's dividend payments are not well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Vartika Shukla (55 yo)

0.83

Tenure

₹5,217,750

Compensation

Smt. Vartika Shukla has been Chairman and Managing Director at Engineers India Limited since September 01, 2021 and has been its Director of Finance & Chief Financial Officer since July 1, 2021 and Executi...


CEO Compensation Analysis

Compensation vs Market: Vartika's total compensation ($USD67.36K) is below average for companies of similar size in the Indian market ($USD263.60K).

Compensation vs Earnings: Insufficient data to compare Vartika's compensation with company performance.


Leadership Team

Experienced Management: ENGINERSIN's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: ENGINERSIN's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Engineers India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Engineers India Limited
  • Ticker: ENGINERSIN
  • Exchange: NSEI
  • Founded: 1965
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: ₹33.919b
  • Shares outstanding: 562.04m
  • Website: https://www.engineersindia.com

Number of Employees


Location

  • Engineers India Limited
  • Engineers India House
  • 1, Bhikaiji Cama Place
  • New Delhi
  • Delhi
  • 110066
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.