Engineers India Limited (EIL) has announced its financial results for the second quarter ended September 30, 2026 (Q2 FY27). The company reported a significant 65% increase in profit after tax (PAT) compared to the previous quarter. EIL also achieved an all-time high order book position, reaching ₹20,421 crore as of September 30, 2026, a substantial rise from ₹14,424 crore at the end of the previous quarter.
EIL Reports Strong Q2 FY27 Financial Performance
Engineers India Limited (EIL) announced its financial results for the second quarter of the fiscal year 2026-27, ending September 30, 2026. The company showcased robust financial performance, marked by a substantial increase in profitability and a record order book.
Key Financial Highlights for Q2 FY27:
- Profit Before Tax (PBT): Increased by approximately 58% to ₹229 crore compared to ₹145 crore in the first quarter of FY26-27.
- Profit After Tax (PAT): Saw a significant rise of 65% to ₹180 crore, up from ₹109 crore in the previous quarter.
- Earnings Per Share (EPS): Stood at ₹3.20 for the quarter ended September ’26, compared to ₹1.93 in June ’26, on a face value of ₹5 per share.
- Operating Margin: Improved to 19% (₹152 crore) in Q2 FY27 from 14% (₹108 crore) in Q1 FY27.
- EBITDA: Reached approximately ₹240 crore, representing an EBITDA margin of 27%, up from ₹155 crore (19% margin) in the prior quarter.
Half-Yearly Performance (up to September 30, 2026):
- Profit Before Tax: Increased by 54% to ₹375 crore compared to ₹243 crore in the first half of FY25-26.
- Profit After Tax: Increased by 56% to ₹288 crore against ₹185 crore in the same period last year.
- Operating Margin: Stood at around 16%, a notable increase from 9% in the first half of FY25-26.
- EBITDA: Amounted to approximately ₹395 crore (23% margin), up from ₹265 crore (14% margin) in the first half of FY25-26.
Consolidated Financials:
- Quarterly Profit: Earned ₹197 crore for the quarter ended September 30, 2026, compared to ₹158 crore in the quarter ended June 30, 2026.
- Half-Yearly Profit: Stood at ₹355 crore for the half-year ended September ’26, compared to ₹149 crore for the first half ended September 2023.
Record Order Book and Future Outlook
The company’s order book position has reached an all-time high of ₹20,421 crore as of September 30, 2026, a significant increase from ₹14,424 crore on June 30, 2026. Order inflow for the first half of the financial year ’26-’27 stood at ₹7,428 crore, with ₹5,762 crore from the consultancy segment and the balance ₹1,666 crore from the LSTK segment.
EIL anticipates maintaining its consultancy segment profit margin at 25%. The company is also projecting a revenue of around ₹4,200-₹4,300 crore for the current financial year and expects a further 10% growth in revenue in the subsequent year. The company is actively bidding for projects globally and is optimistic about securing new orders, particularly in segments like infrastructure, strategic storages, and fertilizer projects.
Segment Performance:
- Consultancy and Engineering Segment: Turnover stood at ₹594 crore in the quarter. The revenue mix has shifted, with consultancy forming 68% of the turnover in the first half of FY26-27, compared to 47% in the first half of FY25-26. This segment typically offers higher margins.
- Turnkey Segment: Turnover was ₹208 crore in the quarter. The share of the turnkey segment has reduced to 32% in the first half of FY26-27.
The management expressed confidence in maintaining strong performance and growth, driven by a healthy order pipeline and strategic diversification into new segments.
Source: BSE