Engineers India Ltd

Engineers India Ltd

₹ 258 0.37%
03 Jul 9:07 a.m.
About

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]

Key Points

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.

  • Market Cap 14,520 Cr.
  • Current Price 258
  • High / Low 290 / 113
  • Stock P/E 40.7
  • Book Value 41.1
  • Dividend Yield 1.16 %
  • ROCE 21.2 %
  • ROE 16.2 %
  • 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.225 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,117 735 648 682 806 805 782 831 866 808 777 856 790
953 631 588 619 698 759 740 784 703 740 682 808 719
Operating Profit 164 104 60 62 108 46 42 47 163 69 95 48 72
OPM % 15% 14% 9% 9% 13% 6% 5% 6% 19% 8% 12% 6% 9%
-111 22 28 38 48 27 67 26 49 93 47 29 56
Interest 2 0 0 0 0 0 0 0 0 1 0 1 1
Depreciation 7 5 5 8 5 5 7 7 7 7 8 8 11
Profit before tax 44 122 83 93 150 68 102 65 205 153 133 68 116
Tax % 30% 26% 29% 27% 16% 26% 16% 27% 23% 26% 23% 26% 22%
31 91 59 68 126 51 85 48 159 114 102 50 91
EPS in Rs 0.54 1.61 1.06 1.21 2.25 0.90 1.51 0.85 2.82 2.02 1.82 0.89 1.62
Raw PDF

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
2,506 1,824 1,713 1,511 1,449 1,788 2,444 3,203 3,105 2,870 3,284 3,232
1,915 1,339 1,489 1,312 1,144 1,373 2,077 2,758 2,765 2,533 2,985 2,949
Operating Profit 591 485 224 199 304 414 368 445 340 337 299 283
OPM % 24% 27% 13% 13% 21% 23% 15% 14% 11% 12% 9% 9%
312 229 265 248 224 179 225 258 40 137 169 225
Interest 1 1 2 2 5 2 3 4 6 3 3 3
Depreciation 11 15 20 25 23 24 22 24 23 23 25 35
Profit before tax 891 698 468 420 500 568 568 676 351 448 440 470
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
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
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: -2%
Compounded Profit Growth
10 Years: -2%
5 Years: -1%
3 Years: 1%
TTM: 5%
Stock Price CAGR
10 Years: 5%
5 Years: 18%
3 Years: 48%
1 Year: 127%
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
Equity Capital 168 168 168 168 337 316 316 316 281 281 281 281
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
0 0 0 0 0 0 0 5 4 3 19 33
1,607 1,289 1,348 1,333 1,543 2,162 2,409 2,678 2,674 2,389 2,388 2,427
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
50 118 270 240 270 255 246 272 261 260 275 295
CWIP 136 132 19 24 56 52 52 3 1 7 26 36
Investments 653 737 140 75 532 244 320 477 1,355 1,322 1,404 1,529
3,006 2,764 3,487 3,751 3,461 3,879 4,067 4,277 2,761 2,728 2,807 2,911
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

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 0
Days Payable 333
Cash Conversion Cycle 48 69 91 88 97 111 62 76 61 47 39 -297
Working Capital Days -103 -111 -105 -123 -172 -222 -203 -168 -190 -184 -128 -109
ROCE % 42% 28% 16% 16% 18% 23% 25% 29% 25% 25% 22%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32%
6.34% 6.03% 6.11% 6.74% 7.11% 7.58% 7.84% 7.96% 7.70% 7.88% 7.60% 7.01%
14.44% 12.78% 12.58% 13.05% 12.62% 13.08% 14.10% 15.81% 18.46% 17.18% 15.51% 13.60%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
27.89% 29.87% 29.99% 28.89% 28.95% 28.02% 26.74% 24.90% 22.51% 23.60% 25.54% 28.05%
No. of Shareholders 2,94,1592,92,5232,95,6162,92,1912,90,3542,82,6162,66,2672,58,3262,41,8202,75,9902,88,4613,85,950

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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