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31 May 2025

Engineers India

Consolidated net sales (including other operating income) of Engineers India for the quarter ended Mar 2025 has increased 25.47% to Rs 1010.23 crore.''Operating profit margin has jumped from 9.62% to 29.79%, leading to 288.59% rise in operating profit to Rs 300.96 crore.''Employee cost decreased from 30.42% to 27.28%. ''Other expenses fell from 59.96% to 42.93%. Expenses from contract fell from 35.37% to 33.97%. ''Construction development cost fell from 13.35% to 7.94%. ''Other income fell 28.92% to Rs 36.35 crore.''PBIDT rose 162.31% to Rs 337.31 crore.''Provision for interest fell 38.27% to Rs 0.5 crore.'' PBDT rose 163.59% to Rs 336.81 crore.''Provision for depreciation fell 0.37% to Rs 10.68 crore.'' Profit before tax grew 178.60% to Rs 326.13 crore.''Share of profit/loss was 44.68% higher at Rs 37.5 crore.''Provision for tax was expense of Rs 83.82 crore, compared to Rs 27.46 crore.''Effective tax rate was 23.05% compared to 19.21%. Minority interest was nil in both the periods.''Net profit attributable to owners of the company increased 142.22% to Rs 279.81 crore.''

  • Segment profit of consultancy and engineering projects was up 196% to Rs 286.20 crore with sales of it up 39% to Rs 561.56 crore and its segment margin expand to 51% from 24% in corresponding previous period. 'During the quarter and year ended 31st March 2025, pursuant to settlement of performance obligation with Client in Consultancy and Engineering Projects segment, the contractual obligation in respect thereof amounting of Rs 82.5393 crore' 'has been written back. This has inflated the segment profit and margin of' C&E projects.
  • Segment profit of turnkey projects was up 144% (to Rs 48.78 crore) with segment sales of it up 12% (to Rs 448.66 crore) with segment margin up 590 bps to 10.9%. '

'Full year results analysis.

Net sales (including other operating income) of Engineers India has declined 5.89% to Rs 3087.59 crore.''Operating profit margin has jumped from 9.05% to 16.59%, leading to 72.43% rise in operating profit to Rs 512.25 crore.''Employee cost increased from 30.04% to 33.16%. ''Other expenses fell from 60.91% to 50.25%. ''Expenses from contract fell from 36.98% to 32.64%. ''Construction development cost fell from 14.72% to 9.97%.' 'Other income fell 26.88% to Rs 160.26 crore.''PBIDT rose 30.27% to Rs 672.51 crore.''Provision for interest fell 12.79% to Rs 2.66 crore.''PBDT rose 30.53% to Rs 669.85 crore.''Provision for depreciation rose 13.03% to Rs 39.56 crore.'' Profit before tax grew 31.81% to Rs 630.29 crore.''Share of profit/loss was 26.76% higher at Rs 107.87 crore.''Provision for tax was expense of Rs 158.39 crore, compared to Rs 118.02 crore.''Effective tax rate was 21.46% compared to 20.95%. Minority interest was nil in both the periods.''Net profit attributable to owners of the company increased 30.21% to Rs 579.77 crore.''

  • '''''
  • Segment profit of consultancy and engineering projects was up 57% to Rs 535.92 crore with sales of it up 16% to Rs 1738 crore and its segment margin expand to 30.8% from 22.8% in corresponding previous period. 'During the ''year ended 31st March 2025, pursuant to settlement of performance obligation with Client in Consultancy and Engineering Projects segment, the contractual obligation in respect thereof amounting of Rs 82.5393 crore' 'has been written back. This has inflated the segment profit and margin of' C&E projects.
  • '''''
  • Segment profit of turnkey projects was up 3% (to Rs 105.39 crore) with segment sales of it down 24% (to Rs 1349.59 crore) with segment margin up 200 bps to 7.8%. '
Loan funds declined from Rs 33.02 crore as of 31 March 2024 to Rs 22.14 crore as of 31 March 2025.''Inventories rose to Rs 0.70 crore as of 31 March 2025 from Rs 0.62 crore as of 31 March 2024.''Sundry debtors were higher at Rs 444.43 crore as of 31 March 2025 compared to Rs 335.63 crore as of 31 March 2024.''Cash and bank balance rose to Rs 1,326.90 crore as of 31 March 2025 from Rs 1,218.74 crore as of 31 March 2024.''Investments rose to Rs 1,394.88 crore as of 31 March 2025 from Rs 1,388.55 crore as of 31 March 2024 .''Fixed assets increased to Rs 333.58 crore as of 31 March 2025 from Rs 328.63 crore as of 31 March 2024.''Intangible assets increased from Rs 4.88 crore to Rs 6.87 crore.''

Strong order book

Order book as end of Mar 2025 stood at Rs 11717.3 crore (against Rs 7823.5 crore as end of Mar 2024) with order intake in FY25 stand at RS 8214.1 crore [of which Rs 4576.4 crore C&E; Rs 3637.7 crore turnkey] against Rs 3406.2 crore [of which Rs 1294.9 crore C&E; Rs 2111.3 crore turnkey] in FY24

Dividend & others

Recommended final dividend of ` 2/- (Rupee two only) per share (on the face value of `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.

Equity capital stood at Rs 281.02 crore as of 31 March 2025 to Rs 281.02 crore as of 31 March 2024.''Per share face Value remained same at Rs 5.00.''

Promoters' stake was 51.32% as of 31 March 2025 ,compared to 51.32% as of 31 March 2024 .'

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Engineers India : Consolidated Results
'Quarter endedYear ended
Particulars202503202403Var.(%)202503202403Var.(%)
Net Sales (including other operating income)1,010.23805.1425.473,087.593,280.86-5.89
OPM (%)29.799.622,017 bps16.599.05754 bps
OP300.9677.45288.59512.25297.0772.43
Other Inc.36.3551.14-28.92160.26219.16-26.88
PBIDT337.31128.59162.31672.51516.2330.27
Interest0.500.81-38.272.663.05-12.79
PBDT336.81127.78163.59669.85513.1830.53
Depreciation10.6810.72-0.3739.563513.03
PBT326.13117.06178.60630.29478.1831.81
Share of Profit/(Loss) from Associates37.525.9244.68107.8785.126.76
PBT before EO363.63142.98154.32738.16563.2831.05
EO Income00-00-
PBT after EO363.63142.98154.32738.16563.2831.05
Taxation83.8227.46205.24158.39118.0234.21
PAT279.81115.52142.22579.77445.2630.21
Minority Interest (MI)00-00-
Net profit279.81115.52142.22579.77445.2630.21
P/(L) from discontinued operations net of tax00-00-
Net profit after discontinued operations279.81115.52142.22579.77445.2630.21
EPS (Rs)*4.982.06142.2210.327.9230.21
* EPS is on current equity of Rs 281.02 crore, Face value of Rs 5, Excluding extraordinary items.
# EPS is not annualised
bps : Basis points
EO : Extraordinary items
Figures in Rs crore
Source: Capitaline Corporate Database


Engineers India: Consolidated segment results'
Sales % to total 2503 (3) 2403 (3) Var.(%) % to total 2503 (12) 2403 (12) Var.(%)
Consultancy and Engineering Projects 56 561.56 403.32 39 56 1738.00 1502.98 16
Lumpsum Turnkey Projects 44 448.66 401.82 12 44 1349.59 1777.88 -24
Total 100 1010.23 805.14 25 100 3087.59 3280.86 -6
PBIT
Consultancy and Engineering Projects 85 286.20 96.62 196 84 535.92 341.93 57
Lumpsum Turnkey Projects 15 48.78 20.03 144 16 105.39 102.42 3
Total 100 334.98 116.65 187 100 641.31 444.35 44
Prior Period Adjustment
Interest 0.50 0.81 -38 2.66 3.05 -13
Less: un-allcoable expenditure 44.70 49.91 -10 168.62 182.29 -7
Add: Other Income 36.35 51.14 -29 160.26 219.16 -27
Total profit before tax 326.13 117.07 179 630.29 478.18 32
Figures in Rs crore
Source: Capitaline Corporate database'