As of 6 Nov 2026, Engineers India trades at 18.3× trailing earnings, above the industry P/E of 16.4×. It earns ROCE of 28% and ROE of 30%, and sales and net profit grew 5.7% and 26% a year over 3 years. It has almost no debt, and its dividend yield is 2.2%. It is a small-cap company with a market cap of ₹16,451 Cr, ranked 6th of 156 Engineering & Construction companies by market cap; the shares rose 51% over the past year.
- ₹294.00
- ₹298.60
- ₹287.25
- ₹298.50
- 25.5 L
Health check
- ReturnsAhead
+51.1% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 18.3 vs industry 16.4.
- GrowthSlow
Sales +5.7%, profit +25.9% a year over 3 years.
- ProfitabilityStrong
ROCE 28.1% vs peer median 16.7%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags1 to check
Quarterly sales down 10.5% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹16,451 Cr
- Small cap
- P/E
- 18.3
- Industry 16.4
- Price to book
- 4.92
- Peers 5.01
- Dividend yield
- 2.22%
- ROE
- 29.7%
- Peers 16.1%
- ROCE
- 28.1%
- Peers 16.7%
- Debt to equity
- 0.00
- Debt ₹16 Cr
- EPS (TTM)
- ₹15.96
- Face value ₹5
- OPM (TTM)
- 21.2%
- Net margin 23.5%
- Sales growth
- −10.5%
- Latest quarter vs a year ago
- Profit growth
- +135.6%
- Latest quarter vs a year ago
- Price to sales
- 4.32
- EV/EBITDA 17.1
Strengths and risks
Strengths
- Return on equity of 29.7%.
- Return on capital employed of 28.1%.
- Practically debt-free.
- Dividend yield of 2.22%.
- Quarterly profit up 135.6% on a year ago.
Risks to check
- Quarterly sales down 10.5% on a year ago.
About Engineers India
Engineers India Limited, an engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide. The company operates through two segments, Consultancy & Engineering Projects, and Turnkey Projects. It offers supply chain management services, such as supplier/contractor registration,…
- Headquarters
- New Delhi
- Employees
- 2,747
- Sector
- Industrials
- ISIN
- INE510A01028
- Website
- engineersindia.com
Price range
- Avg volume (3M)
- 58.7 L
- 1-year return
- plus 51.1%
- From 52-week high
- minus 8.9%
Analyst consensus
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| LOTUSDEVSri Lotus Developers and Realty | 233.82 | minus 0.16% | 11,427 | 39.0 | 38.2 | 16.7% | 36.7% | 0.06 | 66.4% | plus 31.7% |
| Median of 7 peers | – | −0.04% | 23,410 | 31.7 | 20.8 | 16.7% | 9.6% | 0.35 | 16.1% | 4.3% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 921 | 1,210 | 926 | 820 | 824 | |
| 802 | 858 | 774 | 693 | 651 | |
| 120 | 352 | 152 | 126 | 173 | |
| 13.0% | 29.1% | 16.4% | 15.4% | 21.0% | |
| 11.3 | 59.2 | 101 | 38.2 | 86.7 | |
| 0.5 | 0.6 | 0.4 | 0.5 | 0.3 | |
| 10.1 | 10.2 | 10.8 | 9.8 | 10.4 | |
| 120 | 401 | 242 | 154 | 249 | |
| 30.6% | 23.7% | 19.2% | 25.2% | 21.0% | |
| 83.5 | 347 | 196 | 158 | 197 | |
| 1.49 | 6.18 | 3.47 | 2.81 | 3.50 |
Profit & loss
- Sales CAGR 3Y
- +5.7%
- Profit CAGR 3Y
- +25.9%
- EPS CAGR 3Y
- +25.9%
- ROE
- 29.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3,328 | 3,282 | 3,088 | 3,928 | |
| – | minus 1.4% | minus 5.9% | +27.2% | |
| 3,016 | 2,984 | 2,567 | 3,228 | |
| 312 | 299 | 521 | 700 | |
| 9.4% | 9.1% | 16.9% | 17.8% | |
| 159 | 207 | 252 | 229 | |
| 1.5 | 2.4 | 2.7 | 2.1 | |
| 25.7 | 35 | 39.6 | 41.7 | |
| 1.5 | 9.7 | 7.4 | 9.3 | |
| 446 | 478 | 738 | 894 | |
| 22.7% | 24.7% | 21.5% | 22.7% | |
| 346 | 445 | 580 | 692 | |
| – | +28.6% | +30.2% | +19.3% | |
| 6.16 | 7.92 | 10.32 | 12.30 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 281 | 281 | 281 | 281 | |
| 1,680 | 1,974 | 2,388 | 2,865 | |
| 18.9 | 33 | 22.1 | 16.8 | |
| 2,408 | 2,454 | 2,574 | 2,707 | |
| 4,388 | 4,742 | 5,265 | 5,869 | |
| 272 | 298 | 302 | 333 | |
| 25.9 | 35.9 | 45.7 | 30.8 | |
| 797 | 884 | 938 | 1,024 | |
| 1,192 | 1,337 | 1,293 | 1,455 | |
| 2,101 | 2,187 | 2,686 | 3,027 | |
| 4,388 | 4,742 | 5,265 | 5,869 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −113 | 222 | 117 | 319 | |
| 322 | 145 | −43.9 | −101 | |
| −176 | −180 | −185 | −269 | |
| 33.7 | 187 | −112 | −50.8 | |
| −34.7 | −34 | −41.9 | −69 | |
| −147 | 188 | 75.1 | 250 | |
| −169 | −169 | −169 | −253 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 19.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.