Engineers India share price
NSE: ENGINERSINBSE: 532178ConstructionSmall Cap
Engineers India Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 1997 on NSE, Oct 1997 on BSE
Last close ₹256.35up ₹6.15 (2.46%)BSE ₹256.20
Share price at the NSE close on 28 Oct 2026. Previous close ₹250.20.
28 Oct: open ₹249.00, high ₹259.15, low ₹247.80
52-week range of traded prices to 28 Oct 2026
₹163.55Low, 27 Jan 2026₹321.40High, 28 Sep 2026
- Next results date: the board meets on 30 Oct 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,408 Cr503rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 18.37
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.58
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.95%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 27.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 22.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 25,77,82738.5% delivered
About Engineers India
Engineers India Limited (EIL) is an engineering consultancy and project management company under the Ministry of Petroleum and Natural Gas, Government of India.1 It designs and oversees the building of refineries, petrochemical and fertiliser plants, oil and gas facilities and infrastructure, from concept to commissioning, for clients in India, the Middle East, Africa and Asia.12 It is expanding into water, defence, nuclear, ports, metallurgy and green hydrogen.2
Its wholly owned subsidiary, Certification Engineers International Limited (CEIL), provides third-party inspection and certification.34 Its in-house AI tools include EngAIDesign, used on all new EIL projects, and EngAICosting for cost estimates.5
It was incorporated in 1965 under an agreement between the Government of India and Bechtel International Corporation, and the government bought Bechtel's shares in 1967.4 It listed on BSE and NSE in 1997 and was given Navratna status, which allows large state-owned companies more financial freedom, in 2014.6
It owns 26% of Ramagundam Fertilizers and Chemicals Limited (RFCL), a joint venture with National Fertilizers Limited that runs a urea plant at Ramagundam, and 4.37% of Numaligarh Refinery.37
Engineers India key points
Results
- In the year to Mar 2026, standalone revenue from operations was ₹3,849 crore and standalone profit after tax ₹638 crore, both the highest the company has reported. Consolidated profit after tax was ₹691 crore, up about 19%.8910
- In the year to Mar 2026, standalone EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹87,715 lakh against ₹65,867 lakh, and the operating margin was 16.22% against 14.76%.11
- In the quarter to Jun 2026, standalone turnover was ₹801 crore against ₹857 crore a year earlier, while standalone profit after tax rose to ₹109 crore from ₹70 crore and EBITDA to ₹155 crore from ₹104 crore.12
- Consolidated profit for the quarter to Jun 2026 was ₹157.94 crore against ₹65.4 crore a year earlier; joint ventures and associates contributed ₹42.51 crore, against a loss of ₹7.37 crore.13
Market position
- EIL has worked on 20 of India's 23 operating refineries, including 10 grassroots refineries (built new on an empty site).14
Business segments
- Consultancy and Engineering Projects. Feasibility studies, front-end design, project management and EPCM (engineering, procurement and construction management) services, the company's highest-margin line. In the year to Mar 2026, revenue was ₹1,78,204 lakh and segment profit ₹42,366 lakh.1516
- Turnkey Projects. Lump-sum turnkey projects, where EIL buys equipment and builds plants, mostly on an open-book basis (price set from costs shown to clients). In the year to Mar 2026, revenue was ₹2,06,780 lakh and segment profit ₹35,610 lakh, against ₹10,539 lakh a year earlier.151617
- In the quarter to Jun 2026, Consultancy and Engineering turnover rose about 22% to ₹499 crore from ₹408 crore, while Turnkey turnover fell to ₹302 crore from ₹449 crore as certain major projects tapered off.18
Order book
- The order book (orders won but not yet carried out) was ₹14,424 crore at the end of June 2026: ₹10,498 crore in consultancy and ₹3,926 crore in turnkey. New orders in the quarter to Jun 2026 were ₹514 crore.19
- In the year to Mar 2026, EIL won new orders of ₹7,978 crore: ₹6,009 crore of consultancy, ₹4,929 crore of it from overseas, and ₹1,968 crore of turnkey work.20
- Nearly 62% of the new business EIL won in the year to Mar 2026 came from international markets, and over 20% from infrastructure.21
- On its earnings call of 14 Aug 2026, the company said new mega projects in the Middle East were on hold, existing ones continued, and it won more than ₹500 crore of orders there in the quarter.22
Customers and partners
- For the Dangote group, EIL was consultant on the 650,000 barrels-per-day refinery in Nigeria, fully commissioned in the year to Mar 2026, and won the EPCM mandate for its Train-2 expansion, valued at about $360 million.23
- In India, its work includes project management for IOCL's Panipat refinery expansion from 15 to 25 million tonnes a year and over a dozen cross-country pipelines, including the 1,637 km Paradip-Numaligarh crude oil pipeline.1424
- EIL opened an office in Saudi Arabia, backed by a long-term services agreement with Saudi Aramco; on its earnings call of 14 Aug 2026, the company said it was still waiting for inquiries.252326
Research and development
What the company expects
- On its earnings call of 14 Aug 2026, the company said it is targeting turnover growth of at least 10% in the year to Mar 2027, more than 50% of it from consultancy, and an operating margin of 16%.2930
- On its earnings call of 14 Aug 2026, the company said it hopes to meet its target of ₹8,000 crore of new orders in the year to Mar 2027, with ₹2,750 crore won by the date of the call.3126
- In its presentation of 14 Aug 2026, the company said its compressed biogas plant at Kolhapur, Maharashtra, with 5 tonnes a day of capacity, was under construction, with planned spending of ₹68.20 crore, of which ₹3.30 crore had been spent.3233
Recent events
- On 22 Sep 2026, EIL announced a contract worth more than $450 million from the Dangote group to act as project management and EPCM consultant on a 700,000 barrels-per-day refinery and petrochemical plant in Kenya.34
- Atul Gupta became Chairman and Managing Director on 29 Jun 2026; he joined EIL as a management trainee in 1992.35
- On 22 Jun 2026, EIL signed a memorandum of agreement with Hindustan Copper to provide consultancy, engineering and project management for copper, critical minerals and rare earth elements.36
Last updated
All 36 sources, each with its page
- 1. Exchange filing, 22 Sep 2026, page 2
- 2. Annual report, 26 Aug 2026, page 23
- 3. Annual report, 26 Aug 2026, page 148
- 4. Annual report, 26 Aug 2026, page 31
- 5. Annual report, 26 Aug 2026, page 40
- 6. Annual report, 26 Aug 2026, page 31
- 7. Investor presentation, 14 Aug 2026, page 18
- 8. Annual report, 26 Aug 2026, page 36
- 9. Annual report, 26 Aug 2026, page 36
- 10. Annual report, 26 Aug 2026, page 37
- 11. Annual report, 26 Aug 2026, page 37
- 12. Earnings call, 14 Aug 2026, page 3
- 13. Earnings call, 14 Aug 2026, page 4
- 14. Annual report, 26 Aug 2026, page 131
- 15. Annual report, 26 Aug 2026, page 37
- 16. Annual report, 26 Aug 2026, page 61
- 17. Earnings call, 14 Aug 2026, page 17
- 18. Earnings call, 14 Aug 2026, page 4
- 19. Earnings call, 14 Aug 2026, page 3
- 20. Annual report, 26 Aug 2026, page 164
- 21. Annual report, 26 Aug 2026, page 172
- 22. Earnings call, 14 Aug 2026, page 8
- 23. Annual report, 26 Aug 2026, page 39
- 24. Annual report, 26 Aug 2026, page 38
- 25. Annual report, 26 Aug 2026, page 58
- 26. Earnings call, 14 Aug 2026, page 5
- 27. Annual report, 26 Aug 2026, page 39
- 28. Annual report, 26 Aug 2026, page 61
- 29. Earnings call, 14 Aug 2026, page 6
- 30. Earnings call, 14 Aug 2026, page 14
- 31. Earnings call, 14 Aug 2026, page 4
- 32. Investor presentation, 14 Aug 2026, page 18
- 33. Annual report, 26 Aug 2026, page 129
- 34. Exchange filing, 22 Sep 2026, page 2
- 35. Annual report, 26 Aug 2026, page 46
- 36. Exchange filing, 24 Jun 2026, page 2
Results
Consolidated; ₹ crore.Engineers India quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +41.6%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹820 Crdown 11.49%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹158 Crdown 19.23%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.3%
Revenue by quarter
Peak revenue ₹1,210 Cr, quarter to Dec 2025; lowest ₹689 Cr, quarter to Sep 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 689 | 765 | 1,010 | 870 | 921 | 1,210 | 926 | 820 |
| Net profit | 100 | 109 | 280 | 65 | 83 | 347 | 196 | 158 |
| Net margin | 14.5% | 14.2% | 27.7% | 7.5% | 9.1% | 28.7% | 21.1% | 19.3% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,928 Crup 27.23%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹692 Crup 19.29%
- Net margin
- 17.6%
Revenue by year
Peak revenue ₹3,928 Cr, year to Mar 2026; lowest ₹1,480 Cr, year to Mar 2017
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,480 | 1,824 | 2,476 | 3,237 | 3,144 | 2,913 | 3,330 | 3,281 | 3,088 | 3,928 |
| Net profit | 330 | 383 | 370 | 424 | 249 | 140 | 346 | 445 | 580 | 692 |
| Net margin | 22.3% | 21.0% | 14.9% | 13.1% | 7.9% | 4.8% | 10.4% | 13.6% | 18.8% | 17.6% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Turnkey ProjectsTurnkey Projects, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,068 Crup 53.22%52.6%
- Consultancy & Engineering ProjectsConsultancy & Engineering Projects, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,860 Crup 7.04%47.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.Engineers India PE ratio and valuation
Price to earnings
At or below today's level on 41% of 2,478 trading days over the last 10 years.
LowestHighest
Its median19.59Industry median13.39
Price to book
At or below today's level on 83% of 1,933 trading days since Nov 2018.
LowestHighest
Its median3.11Industry median1.34
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 33% of 2,478 trading days over the last 10 years.
LowestHighest
Its median2.43%Industry median0.67%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +16.2% | +19.2% | −4.8% | 2.7% |
| 3 years | +37.0% | +25.9% | +7.0% | 2.2% |
| 5 years | +21.9% | +22.7% | −3.2% | 3.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.
Mutual fund holdings
90 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 52 of the 64 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 90 funds holding Engineers India
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 21
- CutCut. Funds that held fewer shares than at the end of the month before.
- 43
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 20
| Fund | |||
|---|---|---|---|
 Kotak Multi Cap FundKotak Mahindra Mutual Fund | 1,60,60,122 | 1.64% | ₹497.2 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 1,30,53,624 | 2.18% | ₹404.1 Cr |
 SBI PSU FundSBI Mutual Fund | 59,00,000 | 2.87% | ₹182.7 Cr |
| HSBC Multi Cap FundHSBC Mutual Fund | 46,71,840 | 2.27% | ₹144.6 Cr |
 Edelweiss Small Cap FundEdelweiss Mutual Fund | 43,66,599 | 1.93% | ₹135.2 Cr |
 Tata Value FundTata Mutual Fund | 40,76,957 | 1.53% | ₹126.2 Cr |
| Kotak ELSS Tax Saver FundKotak Mahindra Mutual Fund | 32,00,000 | 1.63% | ₹99.1 Cr |
 Bandhan Large & Mid Cap FundBandhan Mutual Fund | 30,50,000 | 0.46% | ₹94.4 Cr |
 DSP Small Cap FundDSP Mutual Fund | 30,00,000 | 0.43% | ₹92.9 Cr |
| Kotak Infrastructure & Economic Reform FundKotak Mahindra Mutual Fund | 28,00,000 | 3.71% | ₹86.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Engineers India competitors and peers
Civil Construction, 169 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Engineers India in market cap.Construction companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Cemindia ProjectsCEMPRO | 22,688 | 37.72 | – | +10.0% | +46.8% | 28.4% | 27.3% | 0.24% |
 Kalpataru Projects InternationalKPIL | 22,622 | 19.91 | 2.91 | +14.6% | +60.9% | 15.9% | 15.9% | 0.83% |
 IRB Infrastructure DevelopersIRB | 19,409 | 20.34 | – | −2.2% | −85.4% | 4.7% | 7.3% | 1.06% |
 NBCC (India)NBCC | 18,857 | 25.39 | 6.25 | +3.5% | +30.6% | 27.0% | 20.0% | 1.35% |
 Techno Electric & Engineering CompanyTECHNOE | 9,889 | 22.94 | 2.38 | +38.7% | −6.5% | 10.9% | 10.6% | 0.82% |
 Ircon InternationalIRCON | 9,451 | 18.05 | 1.42 | −9.9% | −21.6% | 8.1% | 4.9% | 1.89% |
 RITESRITES | 9,447 | 22.63 | 3.52 | +10.6% | +7.9% | 15.7% | 17.4% | 4.10% |
 KEC InternationalKEC | 9,002 | 16.26 | 1.46 | +5.1% | −8.9% | 9.6% | 12.4% | 1.63% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Engineers India dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹5.15 a share, year to Mar 2020.
| Ex-date | Type | Per share |
|---|---|---|
| 5 Nov 2026 | Interim | Amount not stated |
| 24 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 6 Mar 2026 | Interim | ₹1.50 |
| 4 Dec 2025 | Interim | ₹1.00 |
| 29 Aug 2025 | Final | ₹2.00 |
| 14 Feb 2025 | Interim | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Engineers India announcements
Oct 2026
28 Oct · Updates
28 Oct · Updates
22 Oct · Analysts
22 Oct · Corporate action
16 Oct · Board meeting
Sep 2026
23 Sep · Updates
Engineers India share price by year
Each calendar year to 2025.Engineers India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 201.24 | +10.6% | 250.52 | 146.85 |
| 2024 | 182.01 | +6.2% | 290.25 | 173.60 |
| 2023 | 171.45 | +117.4% | 172.50 | 71.00 |
| 2022 | 78.85 | +12.6% | 85.55 | 56.25 |
| 2021 | 70.00 | −10.7% | 88.95 | 67.60 |
| 2020 | 78.35 | −20.9% | 103.50 | 51.15 |
| 2019 | 99.00 | −20.8% | 127.55 | 93.70 |
| 2018 | 125.00 | −37.3% | 200.20 | 102.10 |
| 2017 | 199.30 | +32.0% | 204.90 | 143.65 |
| 2016 | 151.00 | +25.1% | 168.18 | 73.68 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 244.40 | 257.75 | 244.40 | 250.20 | 252.55 | 31,58,344 | 32.8% |
| 26 Oct 2026 | 242.00 | 246.85 | 239.20 | 244.20 | 243.83 | 21,10,582 | 42.1% |
| 23 Oct 2026 | 250.00 | 250.20 | 236.75 | 242.50 | 240.84 | 36,15,256 | 44.5% |
| 22 Oct 2026 | 257.50 | 259.30 | 250.10 | 251.30 | 253.83 | 20,62,826 | 44.5% |
| 21 Oct 2026 | 270.75 | 271.25 | 256.90 | 259.95 | 261.08 | 32,88,760 | 45.1% |
| 19 Oct 2026 | 271.50 | 274.05 | 266.90 | 269.85 | 270.50 | 22,96,228 | 41.6% |
| 16 Oct 2026 | 276.00 | 280.95 | 271.30 | 273.45 | 274.65 | 22,21,635 | 43.1% |
| 15 Oct 2026 | 288.15 | 288.70 | 275.10 | 277.05 | 281.06 | 34,92,737 | 43.9% |
| 14 Oct 2026 | 287.90 | 292.00 | 285.70 | 289.85 | 289.02 | 20,45,479 | 31.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 30 Dec 2016 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 6 May 2010 | Bonus | 0.3333 | Holders received 2 bonus shares for every 1 held. |
| 6 May 2010 | Split | 0.5000 | Each share became 2. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- ENGINERSIN
- BSE code
- 532178
- ISIN
- INE510A01028
- Industry
- Construction
- Website
- www.engineersindia.com
- CIN
- L74899DL1965GOI004352
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1965
- Registered office
- Engineers India Bhavan, 1 Bhikaji Cama Place, New Delhi 110066, Delhi
- Share registrar
- Alankit Assignments Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, BSE SmallCap, Nifty Total Market