This water management company, which has its presence in the EPC domain, made an intraday high of 4% after it announced certain updates. In this article, we will look at this announcement.
With a market capitalization of Rs 3,588 crores, the shares of Enviro Infra Engineers Ltd are currently trading at Rs 204 per share, down by 48 percent from its 52-week high of Rs 392 per share. Since November 2024, the stock has given a negative return of 1.62 percent.
About the announcement
On 3rd May 2025, it also announced that it secured a new project worth Rs 76.96 crores in the domestic market for the EPC of a 77 MLD Sewage Treatment Plant & Operation & Maintenance (O&M) of a 21 MLD Common Effluent Treatment Plant.
Adding to this, the chairman stated, “We are proud to have been entrusted with these significant projects by Government Bodies. Our focus remains on delivering high-quality, sustainable, and timely solutions that contribute to the nation’s water management and sanitation goals. We are committed to maintaining the highest standards of engineering and execution.
On the same date, the company announced that it had acquired a 100 percent stake in EIE Renewables Private Limited, and with this acquisition, it became a wholly owned subsidiary of the company.
The Target Company is set up with a vision to undertake power generation through renewable means. The intended acquisition aligns with the Company’s vision in the long term to explore sustainable, forward-looking business opportunities and harness opportunities in the renewable energy area. It mentioned that the initial cost of acquisition will be Rs 10,00,000 and will further invest Rs 49 crore through fresh allotment in one or more tranches.
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Financial Highlights
The company reported a consolidated revenue of Rs 247 crore in Q3 FY25, up by 64.67 percent, from its Q3 FY24 revenue of Rs 150 crores. It posted a net profit of Rs 37 crores in Q3 FY25, up by 117.65 percent, from its Q3 FY24 net profit of Rs 17 crores. It has an ROE and ROCE of 50.8 percent and 47.4 percent respectively, and is currently trading at a P/E of 33.74x compared to its industry average of 30.06x.
About the company
Enviro Infra Engineers Limited, a 2009-incorporated Delhi-based company, is engaged in designing, building, running, and maintaining water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for Indian government departments. It supplies sewage and effluent treatment plants, water treatment and supply facilities like pumping stations and pipelines.
Written by Satyajeet Mukherjee
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