Engineers India (ENGINERSIN) Q4 24/25 earnings summary

Executive summary

• Achieved a record order book of INR 117,173 million as of March 31, 2025, with strong growth in both consultancy and franchise segments and a diversified international presence.

• Order inflow surged to INR 8,214 crores in FY25, and over 8,000 assignments have been completed globally, including 700 major projects.

• PAT for FY25 was the highest in a decade, increasing to INR 4,652 million standalone and INR 5,797.7 million consolidated, with a 30% YoY rise.

• Recognized for R&D and innovation, with 48 active patents, 61 pending, and a workforce of around 2,700 employees.

• Audited financials for FY25 were approved with an unmodified audit opinion; a final dividend of ₹2 per share was recommended.

Financial highlights

• Consolidated total income for FY25 was INR 31,980 million, down from INR 34,568 million in FY24, but PAT and EBITDA margins improved to 15% and 16% respectively.

• Q4 FY25 turnover was INR 991 crores, up 32% sequentially from Q3 FY25.

• Standalone EPS for FY25 was INR 8.28, up from INR 6.35; consolidated EPS was INR 10.32, up from INR 7.92.

• Dividend payout maintained at 60% of PAT, with gross dividend of INR 1,686 million.

• Foreign turnover grew 32% to INR 371 crores, mainly from UAE, Nigeria, and Kuwait.

Outlook and guidance

• Management anticipates sustaining or exceeding current order inflow in FY26, with INR 1,300 crores already booked in the first two months.

• Revenue growth of 15-20% is anticipated for FY26, driven by large project execution and expansion in new sectors and geographies.

• Focus remains on energy transition, green technologies, and international expansion, especially in the Middle East and new sectors like defense and renewables.

• Margins in consultancy expected to remain around 25-30%, and 5-8% in LSTK/turnkey segment.

• Board expects continued compliance with Indian Accounting Standards and robust internal controls.