Engineers India (ENGINERSIN) Q1 26/27 earnings summary

Executive summary

• Order book as of June 30, 2026, was INR 14,424 crore, with consultancy at INR 10,498 crore and turnkey at INR 3,926 crore; total order book reported elsewhere as ₹151,093 million, with 72% from consultancy.

• Q1 FY27 standalone profit before tax rose 55% year-over-year to INR 145 crore; profit after tax up 55% to INR 109 crore; consolidated profit surged 141% year-over-year to INR 157.94 crore.

• Q1 FY26-27 total income was ₹8,379 million, down from ₹8,921 million in Q1 FY25-26, with consultancy income rising and turnkey income declining year-over-year.

• Un-audited standalone and consolidated financial results for the quarter ended 30th June 2026 were approved by the Board on 13th August 2026.

• Appointment of two new non-official independent directors for a three-year term was approved.

Financial highlights

• Standalone operating margin improved to 14% (INR 108 crore) from 7% (INR 59 crore) year-over-year; EBITDA margin increased to 18.55% (INR 155 crore) from 11.72% (INR 104 crore) year-over-year.

• Q1 FY27 turnover was INR 801 crore, down from INR 857 crore in Q1 FY26; consultancy turnover grew to ₹4,990 million, turnkey turnover declined to ₹3,019 million year-over-year.

• Segment profit margin for consultancy reached 24% in Q1 FY26-27, while turnkey margin was 8%.

• Standalone net profit for Q1 FY27 was ₹10,859.48 lakhs, up from ₹7,008.05 lakhs year-over-year; consolidated net profit was ₹15,793.58 lakhs, up from ₹6,540.09 lakhs year-over-year.

• Order inflow for Q1 FY27 was INR 514 crore.

Outlook and guidance

• Management maintains FY27 order inflow target of INR 8,000 crore, with optimism to exceed it; annual order inflow of INR 8,000 crore expected to be sustainable for the next few years.

• Consultancy segment expected to contribute 50-60% of revenue, with targeted turnover growth of at least 10%.

• Operating margin guidance for FY27 is 16%, with potential upside if change orders are finalized.

• Focus remains on achieving Net Zero by 2035 and expanding both domestic and overseas consultancy projects.