Engineers India Ltd has announced its second interim dividend of ₹1.50 per share for the financial year 2025-26, as reported by ET Now. The Navratna status PSU's Board of Directors declared this dividend in their meeting held on February 26, 2026. The dividend is payable on the face value of ₹5 per share for the company's equity shares. As per the latest exchange filing, the board confirmed that the dividend will be payable on the face value of ₹5 per share for the company's equity shares.
According to the company's exchange filing, the record date for the interim dividend is Friday, March 6, 2026. As reported by ET Now, the dividend payment will commence from Friday, March 20, 2026, and will be completed within 30 days from the declaration date as per the Companies Act, 2013 provisions. This timeline ensures shareholders receive their dividend payments efficiently. The latest confirmation from the company states that the dividend payment will commence from Friday, 20 March 2026 and will be completed within 30 days from the date of declaration as per the provisions of the Companies Act, 2013.
Engineers India Ltd reported robust results for the third quarter, posting a net profit of ₹347.2 crore, more than three times higher than ₹109 crore in the same period last year. Revenue jumped 58.3% year-on-year to ₹1,210.2 crore from ₹764.5 crore, driven by strong project execution and improved business momentum. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) soared to ₹352.2 crore from ₹97.9 crore a year earlier, while the EBITDA margin expanded sharply to 29.1% from 12.8%, reflecting a 1,630-basis-point improvement. This performance demonstrates the company's strong operational efficiency and market positioning.
The December quarter saw Engineers India Ltd secure its largest international order to date, a $360 million contract from Dangote Group for a mega refinery expansion project in Nigeria. As of January 2026, overseas projects accounted for 65% of fresh order inflows, while domestic orders made up the remaining 35%. This international business emergence is now becoming a key growth driver for the company. As of December 31, 2025, the company's total order book stood at ₹12,537.9 crore, providing strong revenue visibility for future quarters.
As reported by ET Now, Engineers India Ltd is a BSE 500 company with a market capitalization of ₹12,454.86 crore as of February 28, 2026. The stock closed at ₹221.60 on Friday, down 1.36% from its previous closing. The company's 52-week price range is between ₹142.15 and ₹255.25. The stock has shown strong performance with gains of 34% in one month, 10% in three months, and 13% in six months. This performance reflects the company's strong operational execution and positive market sentiment following the robust Q3FY26 results.
