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 ₹ 9,519 Cr.
- Current Price ₹ 169
- High / Low ₹ 304 / 148
- Stock P/E 22.9
- Book Value ₹ 42.4
- Dividend Yield 1.77 %
- ROCE 22.2 %
- ROE 20.8 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 69.1%
Cons
- The company has delivered a poor sales growth of 5.79% over past five years.
- Earnings include an other income of Rs.175 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 Total Market BSE Bharat 22 Index Nifty MidSmallcap 400 BSE CPSE Nifty 500
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,529 | 1,846 | 1,741 | 1,541 | 1,480 | 1,824 | 2,476 | 3,237 | 3,144 | 2,913 | 3,330 | 3,281 | 2,882 | |
1,930 | 1,355 | 1,507 | 1,331 | 1,163 | 1,395 | 2,099 | 2,781 | 2,792 | 2,567 | 3,020 | 2,982 | 2,594 | |
Operating Profit | 599 | 491 | 234 | 210 | 316 | 429 | 377 | 455 | 352 | 346 | 310 | 299 | 289 |
OPM % | 24% | 27% | 13% | 14% | 21% | 24% | 15% | 14% | 11% | 12% | 9% | 9% | 10% |
312 | 229 | 265 | 247 | 222 | 176 | 222 | 255 | 34 | 130 | 164 | 219 | 175 | |
Interest | 1 | 1 | 2 | 2 | 5 | 2 | 3 | 4 | 6 | 3 | 3 | 5 | 3 |
Depreciation | 11 | 15 | 20 | 25 | 23 | 24 | 22 | 24 | 24 | 24 | 26 | 35 | 40 |
Profit before tax | 898 | 704 | 477 | 430 | 511 | 579 | 574 | 683 | 356 | 449 | 446 | 478 | 421 |
Tax % | 30% | 31% | 34% | 35% | 35% | 34% | 35% | 36% | 27% | 24% | 23% | 25% | |
632 | 483 | 313 | 278 | 330 | 383 | 368 | 424 | 249 | 140 | 346 | 445 | 415 | |
EPS in Rs | 9.38 | 7.16 | 4.64 | 4.13 | 4.90 | 6.07 | 5.83 | 6.71 | 4.43 | 2.48 | 6.16 | 7.92 | 7.39 |
Dividend Payout % | 32% | 45% | 54% | 48% | 61% | 66% | 69% | 77% | 45% | 121% | 49% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 1% |
TTM: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 4% |
3 Years: | 10% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 16% |
3 Years: | 43% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 2,127 | 2,353 | 2,463 | 2,653 | 2,508 | 2,025 | 2,029 | 2,090 | 1,470 | 1,489 | 1,680 | 1,974 | 2,101 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 4 | 19 | 33 | 29 | |
1,612 | 1,295 | 1,356 | 1,342 | 1,551 | 2,173 | 2,416 | 2,685 | 2,687 | 2,404 | 2,408 | 2,454 | 2,494 | |
Total Liabilities | 3,907 | 3,817 | 3,988 | 4,164 | 4,396 | 4,514 | 4,761 | 5,096 | 4,441 | 4,177 | 4,388 | 4,742 | 4,905 |
54 | 121 | 272 | 242 | 272 | 257 | 248 | 274 | 263 | 263 | 279 | 298 | 290 | |
CWIP | 136 | 132 | 19 | 24 | 56 | 52 | 52 | 3 | 1 | 7 | 26 | 36 | 43 |
Investments | 647 | 732 | 138 | 75 | 533 | 242 | 315 | 461 | 1,324 | 1,088 | 1,179 | 1,389 | 1,438 |
3,071 | 2,832 | 3,559 | 3,822 | 3,535 | 3,963 | 4,146 | 4,359 | 2,853 | 2,821 | 2,905 | 3,020 | 3,135 | |
Total Assets | 3,907 | 3,817 | 3,988 | 4,164 | 4,396 | 4,514 | 4,761 | 5,096 | 4,441 | 4,177 | 4,388 | 4,742 | 4,905 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
342 | 85 | 65 | 88 | 236 | 599 | 549 | 376 | 171 | 48 | -113 | 222 | |
-66 | 167 | 174 | 70 | 197 | 165 | -4 | -229 | 776 | 61 | 322 | 145 | |
-274 | -256 | -240 | -162 | -284 | -892 | -362 | -334 | -904 | -149 | -176 | -180 | |
Net Cash Flow | 2 | -4 | -1 | -4 | 150 | -129 | 183 | -188 | 43 | -39 | 34 | 187 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 50 | 70 | 92 | 89 | 98 | 112 | 63 | 77 | 62 | 48 | 40 | 37 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 50 | 70 | 92 | 89 | 98 | 112 | 63 | 77 | 62 | 48 | 40 | 37 |
Working Capital Days | -100 | -107 | -100 | -117 | -164 | -215 | -198 | -164 | -186 | -179 | -124 | -123 |
ROCE % | 41% | 28% | 16% | 16% | 18% | 22% | 25% | 29% | 25% | 25% | 24% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Feb - Disclosure under Regulation 30 of SEBI LODR-Update on meeting with Analyst/Institutional Investors-Earning Call transcript
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13 Feb - Indian Oil Corporation awards project to Engineers India Limited.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Feb - Update on meeting with analysts and investors.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
10 Feb - Investor Presentation :Highlights on Quarterly Results Q3-FY 2024-25
-
Integrated Filing (Financial)
10 Feb - Approval of financial results and interim dividend declaration.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Feb 2025Transcript PPT
-
Nov 2024TranscriptPPT
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT
-
Jun 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Feb 2021Transcript PPT
-
Nov 2020TranscriptNotesPPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
May 2018TranscriptPPT
-
Jan 2018TranscriptPPT
-
Oct 2017TranscriptPPT
-
Aug 2017TranscriptPPT
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.