Engineers India Stock Price - ₹281.95 | Construction

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Company insights, generated from the most recent coverage.

Management set aggressive FY27 targets: >10% revenue growth, 16% operating margin, and ₹8,000+ crore annual order inflow, backed by a record ₹14,424 crore order book.
Management identified nuclear energy consultancy and coal gasification as new growth verticals, diversifying revenue streams beyond traditional infrastructure projects.
Consultancy margins expanded significantly to 24% in Q1 FY27 from 17% in Q1 FY26, demonstrating strong operational leverage in the high-margin segment despite a slight revenue dip.

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The Quarter story

The two most recent quarterly results, compared side-by-side.

Consultancy drives steady profitability and export growth, while Turnkey faces a sharp order drought and cyclical revenue swings.

Consultancy segment profit margin improves from 17% in Q1 FY26 to 24% in Q1 FY27 over five quarters, reflecting better pricing and efficiency.

Turnkey business secured collapses from ₹8,209 Cr in Q1 FY26 to ₹29 Cr in Q1 FY27 over five quarters, signaling a critical pipeline drought.

Consultancy overseas revenue grows from ₹740.60 Cr in Q1 FY26 to ₹1,531.84 Cr in Q1 FY27 over five quarters, highlighting successful international expansion.

Consolidated revenue declines from ₹11,936.35 Cr in Q3 FY26 to ₹8,008.68 Cr in Q1 FY27 over the period, reflecting cyclical demand shifts.

Consultancy segment profit rises from ₹682 Cr in Q1 FY26 to ₹1,197 Cr in Q1 FY27 over five quarters, demonstrating consistent earnings growth.

Turnkey revenue mix falls from 52% in Q1 FY26 to 38% in Q1 FY27 over five quarters, indicating a portfolio shift away from EPC projects.

Consolidated order book holds steady at ₹121,443 Cr from Q1 FY26 to Q1 FY27 over five quarters, providing stable project visibility.

Consolidated business secured drops from ₹36,663 Cr in Q4 FY26 to ₹4,783 Cr in Q1 FY27 over the period, showing weak new order momentum.

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