Synopsis:
Engineers India Limited secured a Rs 618 crore project management contract from an Africa-based fertilizer company, boosting its international presence and strengthening future growth prospects.
Known for its expertise in engineering consultancy and technical services, this PSU is in the spotlight after securing a major order worth Rs 618 crore from an Africa-based fertilizer company. The development highlights its growing global footprint, with project management consultancy services set to play a critical role in this deal.
Engineers India Limited’s stock, with a market capitalisation of Rs. 11,909 crores, rose to Rs. 218, hitting a high of up to 4.4 percent from its previous closing price of Rs. 208.80. However, the stock over the past year has given a negative return of 1.6 percent.
Order Details
Engineers India Limited (EIL) has won a big contract worth Rs. 618 crore to provide project management and engineering services for building a new fertilizer plant in Africa. The work includes managing the whole project from planning to construction. This contract will last for 24 months. The company has kept the name of the fertilizer company and project details private.
This order is important because it strengthens EIL’s presence in the international market, especially in Africa. It shows that EIL is trusted for handling large and complex projects in the fertilizer industry. Successfully completing this project could open more opportunities for EIL to get similar contracts in the future, helping the company grow outside India and improve its revenues over the next two years.
Also read: Semiconductor stock in focus after signing ₹250 Cr MoU with TN Govt to expand ESDM Led Manufacturing
Order Book
As of June 25, 2025, the company’s total order book stood at Rs. 12,144.3 crore, with consultancy projects comprising 56% and turnkey projects forming 44% of the order book. This diversified mix underlines EIL’s balanced business model between consultancy and turnkey engineering solutions. The strong order book alongside new high-value contracts positions Engineers India for robust revenue growth and sustained market leadership in engineering services.
Q1 Financial Highlight
The company reported revenue of Rs. 870 crore in Q1FY26, up 39% YoY from Rs. 624 crore but down 14% QoQ against Rs. 1,010 crore in Q4FY25. On profitability, it posted Rs. 65 crore net profit in Q1FY26, declining 29% YoY from Rs. 92 crore and falling sharply by 77% QoQ from Rs. 280 crore.
Over the past three years, profits have compounded strongly at a 61% CAGR, while sales grew modestly at 2% CAGR. Return on Equity also improved with a healthy 3-year CAGR of 21%, reflecting long-term efficiency despite recent quarterly volatility.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.