On 6 Nov 2026, IL&FS Engineering and Construction Company was priced at ₹39.70, or 49.0× trailing earnings, against an industry P/E of 16.4×. Sales grew 0.6% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹2,672 Cr. It is a small-cap company with a market cap of ₹521 Cr, ranked 79th of 156 Engineering & Construction companies by market cap; the shares rose 43% over the past year.
- ₹40.00
- ₹40.96
- ₹39.00
- ₹39.01
- 83.1K
Health check
- ReturnsAhead
+43.3% over a year, better than 5 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthSlow
Sales +0.6% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags4 to check
Negative net worth: liabilities exceed assets.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹521 Cr
- Small cap
- P/E
- 49.0
- Industry 16.4
- Price to book
- −0.16
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 17.9%
- ROCE
- n/a
- Peers 19.9%
- Debt to equity
- n/a
- Debt ₹2,672 Cr
- EPS (TTM)
- ₹0.81
- Face value ₹10
- OPM (TTM)
- −35.6%
- Net margin 0.7%
- Sales growth
- −99.9%
- Latest quarter vs a year ago
- Profit growth
- +37.2%
- Latest quarter vs a year ago
- Price to sales
- 2.77
- EV/EBITDA −165.2
Strengths and risks
Strengths
- Quarterly profit up 37.2% on a year ago.
Risks to check
- Negative net worth: liabilities exceed assets.
- Quarterly sales down 99.9% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 49.0 against an industry P/E of 16.4.
About IL&FS Engineering and Construction Company
IL&FS Engineering and Construction Company Limited, together with its subsidiaries, engages in the construction and infrastructure development, and project management businesses in India. The company develops and constructs roads and bridges, railways, expressways, and highways; residential buildings, commercial buildings, industrial structures, and hospital buildings; irrigation canals and dams; and thermal and hydel power projects. It also develops…
- Headquarters
- Hyderabad
- Employees
- 194
- Sector
- Industrials
- ISIN
- INE369I01014
- Website
- ilfsengg.com
Price range
- Avg volume (3M)
- 43.8K
- 1-year return
- plus 43.3%
- From 52-week high
- minus 9.4%
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% |
| IL&FSENGGIL&FS Engineering and Construction Company | 39.70 | plus 1.77% | 521 | 49.0 | 185.6 | – | −35.6% | – | 0.6% | plus 43.3% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41.2 | 54.5 | 62.4 | 29.8 | 0 | |
| 54.7 | 58.1 | 64.3 | 29.7 | 47 | |
| −13.5 | −3.6 | −1.9 | 0.1 | −46.9 | |
| −32.6% | −6.5% | −3.1% | 0.4% | −124767.0% | |
| 19.1 | 9.8 | 8.9 | 32.4 | 49 | |
| 0.4 | 0.9 | 0.8 | 0.5 | 0.5 | |
| 1.3 | 1.9 | 1.6 | 1.7 | 1.6 | |
| −13.4 | −5.3 | −3 | −20.2 | – | |
| −9.4 | −1.8 | 1.7 | 10.1 | −0 | |
| −9.3 | −1.3 | 1.8 | 10.1 | 0 | |
| -0.71 | -0.10 | 0.14 | 0.77 | – |
Profit & loss
- Sales CAGR 3Y
- +0.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 171 | 256 | 320 | 174 | |
| – | +49.7% | +24.8% | minus 45.5% | |
| 227 | 282 | 343 | 167 | |
| −55.5 | −25.5 | −22.4 | 7.8 | |
| −32.4% | −9.9% | −7.0% | 4.5% | |
| 21.7 | 63.8 | 39.6 | 34.8 | |
| 19.1 | 9.7 | 1.1 | 0.8 | |
| 10.2 | 7.4 | 6.9 | 6.4 | |
| −60.9 | −98.8 | −14.1 | −34.8 | |
| −124 | −77.6 | −4.9 | 0.6 | |
| −124 | −77.4 | −4.9 | 1.3 | |
| -9.46 | -5.91 | -0.37 | 0.10 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 131 | 131 | 131 | 131 | |
| −3,238 | −3,315 | −3,320 | −3,321 | |
| 2,632 | 2,631 | 2,672 | 2,672 | |
| 2,301 | 2,248 | 2,223 | 2,147 | |
| 1,826 | 1,695 | 1,707 | 1,629 | |
| 42.1 | 33.2 | 28.4 | 24 | |
| 37 | 1.6 | 15.4 | 13.9 | |
| 147 | 341 | 318 | 225 | |
| 1,600 | 1,319 | 1,345 | 1,366 | |
| 1,826 | 1,695 | 1,707 | 1,629 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.8 | −72.8 | −48.8 | −112 | |
| 54.8 | −2.7 | 86.7 | 32.8 | |
| −19.1 | −9.7 | −0.9 | −0.7 | |
| 43.4 | −85.2 | 37 | −79.5 | |
| – | – | – | −2.4 | |
| 7.8 | −72.8 | −48.8 | −114 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.