Engineers India Limited

NSEI:ENGINERSIN Stock Report

Market Cap: ₹101.7b

Engineers India Valuation

Is ENGINERSIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ENGINERSIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ENGINERSIN (₹180.88) is trading above our estimate of fair value (₹81.19)

Significantly Below Fair Value: ENGINERSIN is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ENGINERSIN?

Key metric: As ENGINERSIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ENGINERSIN. This is calculated by dividing ENGINERSIN's market cap by their current earnings.
What is ENGINERSIN's PE Ratio?
PE Ratio27.5x
Earnings₹3.70b
Market Cap₹101.66b

Price to Earnings Ratio vs Peers

How does ENGINERSIN's PE Ratio compare to its peers?

The above table shows the PE ratio for ENGINERSIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.1x
GMRP&UI GMR Power And Urban Infra
4.2x-25.3%₹71.3b
532942 KNR Constructions
8x-33.4%₹88.1b
GRINFRA G R Infraprojects
13.2x-1.9%₹151.0b
543971 Bondada Engineering
98.9xn/a₹64.7b
ENGINERSIN Engineers India
27.5x18.0%₹101.7b

Price-To-Earnings vs Peers: ENGINERSIN is good value based on its Price-To-Earnings Ratio (27.5x) compared to the peer average (31.1x).

Price to Earnings Ratio vs Industry

How does ENGINERSIN's PE Ratio compare vs other companies in the IN Construction Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCCL Consolidated Construction Consortium
0.9xn/aUS$77.49m
533152 MBL Infrastructures
2.5xn/aUS$67.17m
ATLANTAA Atlantaa
2.4xn/aUS$48.21m
SKIL SKIL Infrastructure
0.1xn/aUS$14.31m
ENGINERSIN 27.5xIndustry Avg. 25.7xNo. of Companies23PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ENGINERSIN is expensive based on its Price-To-Earnings Ratio (27.5x) compared to the Indian Construction industry average (25.6x).

Price to Earnings Ratio vs Fair Ratio

What is ENGINERSIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ENGINERSIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.5x
Fair PE Ratio38.6x

Price-To-Earnings vs Fair Ratio: ENGINERSIN is good value based on its Price-To-Earnings Ratio (27.5x) compared to the estimated Fair Price-To-Earnings Ratio (38.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ENGINERSIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹180.88
₹235.17
+30.0%
4.4%₹247.00₹215.00n/a6
Nov ’25₹196.18
₹235.57
+20.1%
4.3%₹250.00₹215.00n/a7
Oct ’25₹209.43
₹239.00
+14.1%
9.5%₹277.00₹200.00n/a7
Sep ’25₹217.50
₹239.00
+9.9%
9.5%₹277.00₹200.00n/a7
Aug ’25₹258.95
₹250.00
-3.5%
8.9%₹297.00₹225.00n/a7
Jul ’25₹256.25
₹250.00
-2.4%
8.9%₹297.00₹225.00n/a7
Jun ’25₹248.35
₹250.00
+0.7%
8.9%₹297.00₹225.00n/a7
May ’25₹244.60
₹251.71
+2.9%
7.8%₹297.00₹235.00n/a7
Apr ’25₹210.75
₹251.71
+19.4%
7.8%₹297.00₹235.00n/a7
Mar ’25₹215.70
₹241.17
+11.8%
17.0%₹297.00₹160.00n/a6
Feb ’25₹236.90
₹164.67
-30.5%
4.9%₹176.00₹150.00n/a6
Jan ’25₹181.75
₹156.14
-14.1%
10.3%₹176.00₹125.00n/a7
Dec ’24₹151.55
₹156.14
+3.0%
10.3%₹176.00₹125.00n/a7
Nov ’24₹123.55
₹156.00
+26.3%
10.3%₹176.00₹125.00₹196.187
Oct ’24₹147.45
₹154.71
+4.9%
11.0%₹176.00₹125.00₹209.437
Sep ’24₹157.75
₹154.71
-1.9%
11.0%₹176.00₹125.00₹217.507
Aug ’24₹155.50
₹127.43
-18.1%
11.1%₹160.00₹115.00₹258.957
Jul ’24₹114.95
₹122.00
+6.1%
4.3%₹130.00₹115.00₹256.256
Jun ’24₹109.90
₹122.00
+11.0%
4.3%₹130.00₹115.00₹248.356
May ’24₹82.80
₹97.60
+17.9%
9.2%₹110.00₹85.00₹244.605
Apr ’24₹74.45
₹98.40
+32.2%
8.0%₹110.00₹89.00₹210.755
Mar ’24₹72.60
₹98.40
+35.5%
8.0%₹110.00₹89.00₹215.705
Feb ’24₹83.35
₹92.60
+11.1%
8.2%₹103.00₹83.00₹236.905
Jan ’24₹78.85
₹92.60
+17.4%
8.2%₹103.00₹83.00₹181.755
Dec ’23₹82.00
₹92.60
+12.9%
8.2%₹103.00₹83.00₹151.555
Nov ’23₹71.15
₹90.17
+26.7%
12.6%₹108.00₹75.00₹123.556

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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