Engineers India Ltd
EIL is a CPSU with majority ownership of the GoI operating under the administrative control of MoPNG.
EIL provides consultancy and engineering services and undertakes turnkey contracts, which includes complete range of project services right from project conceptualization, planning, design, engineering, procurement, construction and commissioning as per client’s requirement and specifications and providing post-execution services for maintenance and monitoring the operation of plant in various industries. [1]
- Market Cap ₹ 10,166 Cr.
- Current Price ₹ 181
- High / Low ₹ 304 / 143
- Stock P/E 37.0
- Book Value ₹ 42.4
- Dividend Yield 1.66 %
- ROCE 20.9 %
- ROE 15.9 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 48.5%
Cons
- The company has delivered a poor sales growth of 5.75% over past five years.
- Earnings include an other income of Rs.176 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Part of Nifty MidSmallcap 400 BSE 250 SmallCap Index BSE PSU Nifty 500 BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,506 | 1,824 | 1,713 | 1,511 | 1,449 | 1,788 | 2,444 | 3,203 | 3,105 | 2,870 | 3,284 | 3,232 | 2,934 | |
1,915 | 1,339 | 1,489 | 1,312 | 1,144 | 1,373 | 2,077 | 2,758 | 2,765 | 2,533 | 2,985 | 2,947 | 2,710 | |
Operating Profit | 591 | 485 | 224 | 199 | 304 | 414 | 368 | 445 | 340 | 337 | 299 | 285 | 223 |
OPM % | 24% | 27% | 13% | 13% | 21% | 23% | 15% | 14% | 11% | 12% | 9% | 9% | 8% |
312 | 229 | 265 | 248 | 224 | 179 | 225 | 258 | 40 | 137 | 169 | 225 | 176 | |
Interest | 1 | 1 | 2 | 2 | 5 | 2 | 3 | 4 | 6 | 3 | 3 | 5 | 3 |
Depreciation | 11 | 15 | 20 | 25 | 23 | 24 | 22 | 24 | 23 | 23 | 25 | 35 | 38 |
Profit before tax | 891 | 698 | 468 | 420 | 500 | 568 | 568 | 676 | 351 | 448 | 440 | 470 | 358 |
Tax % | 29% | 31% | 34% | 34% | 35% | 33% | 35% | 36% | 26% | 23% | 22% | 24% | |
629 | 480 | 308 | 276 | 325 | 378 | 370 | 430 | 260 | 344 | 342 | 357 | 275 | |
EPS in Rs | 9.33 | 7.12 | 4.57 | 4.10 | 4.82 | 5.98 | 5.86 | 6.81 | 4.62 | 6.13 | 6.09 | 6.35 | 4.89 |
Dividend Payout % | 32% | 46% | 55% | 49% | 62% | 67% | 68% | 76% | 43% | 49% | 49% | 47% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 1% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | -1% |
3 Years: | 1% |
TTM: | -35% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 12% |
3 Years: | 36% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 168 | 168 | 168 | 168 | 337 | 316 | 316 | 316 | 281 | 281 | 281 | 281 | 281 |
Reserves | 2,069 | 2,293 | 2,399 | 2,589 | 2,439 | 1,952 | 1,960 | 2,030 | 1,420 | 1,644 | 1,825 | 2,030 | 2,100 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 3 | 19 | 33 | 29 | |
1,607 | 1,289 | 1,348 | 1,333 | 1,543 | 2,162 | 2,409 | 2,678 | 2,674 | 2,389 | 2,388 | 2,427 | 2,465 | |
Total Liabilities | 3,845 | 3,750 | 3,916 | 4,090 | 4,319 | 4,430 | 4,684 | 5,029 | 4,378 | 4,317 | 4,512 | 4,771 | 4,875 |
50 | 118 | 270 | 240 | 270 | 255 | 246 | 272 | 261 | 260 | 275 | 294 | 287 | |
CWIP | 136 | 132 | 19 | 24 | 56 | 52 | 52 | 3 | 1 | 7 | 26 | 36 | 43 |
Investments | 653 | 737 | 140 | 75 | 532 | 244 | 320 | 477 | 1,355 | 1,322 | 1,404 | 1,529 | 1,523 |
3,006 | 2,764 | 3,487 | 3,751 | 3,461 | 3,879 | 4,067 | 4,277 | 2,761 | 2,728 | 2,807 | 2,913 | 3,023 | |
Total Assets | 3,845 | 3,750 | 3,916 | 4,090 | 4,319 | 4,430 | 4,684 | 5,029 | 4,378 | 4,317 | 4,512 | 4,771 | 4,875 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
344 | 83 | 60 | 87 | 231 | 587 | 545 | 372 | 160 | 43 | -123 | 210 | |
-68 | 169 | 183 | 71 | 201 | 170 | 4 | -227 | 787 | 65 | 332 | 159 | |
-273 | -256 | -239 | -161 | -283 | -891 | -361 | -333 | -904 | -149 | -175 | -179 | |
Net Cash Flow | 2 | -4 | 3 | -4 | 149 | -133 | 188 | -189 | 43 | -41 | 34 | 189 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 48 | 69 | 91 | 88 | 97 | 111 | 62 | 76 | 61 | 47 | 39 | 36 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 48 | 69 | 91 | 88 | 97 | 111 | 62 | 76 | 61 | 47 | 39 | 36 |
Working Capital Days | -103 | -111 | -105 | -123 | -172 | -222 | -203 | -168 | -190 | -184 | -128 | -126 |
ROCE % | 42% | 28% | 16% | 16% | 18% | 23% | 25% | 29% | 25% | 25% | 22% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
14 Nov - Appointment of Subhas Balakumar as Director (Projects).
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Announcement under Regulation 30 (LODR)-Change in Directorate
8 Nov - Change in Board of Directors due to tenure completion.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Nov - Schedule of Analyst/Institutional Investors Meet on 11.11.2024.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
5 Nov - Issuance of Letter of Confirmation for lost shares.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 Nov - Engineers India Limited Q2 FY'25 earnings call update.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Nov 2024TranscriptPPT
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Aug 2019Transcript PPT
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May 2019TranscriptNotesPPT
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May 2018TranscriptPPT
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Business Activities[1]
The Co. operates in various industries such as petroleum refining, petrochemicals, pipelines, oil & gas, terminals & storages, mining & metallurgy, infrastructure, water and waste management, city gas distribution, power - thermal, solar, nuclear, gas-based fertilizer projects, coal-to-liquid (CTL) and steel.