Engineers India (ENGINERSIN) Q4 25/26 earnings summary

Executive summary

• Achieved record order book of INR 151,093 million as of March 31, 2026, with strong annual results and leadership in engineering consultancy and turnkey projects across hydrocarbons, infrastructure, and diversified sectors.

• FY 2025-26 turnover reached INR 40,589 million, a 27% increase year-over-year, with highest-ever profit after tax of INR 6,387 million.

• Auditors issued an unmodified opinion for FY26, confirming compliance with Indian Accounting Standards and regulatory requirements.

• Continued focus on sustainability with a net zero target by 2035 and expansion in green hydrogen and biofuels.

• Secured major domestic and international orders, strengthening future revenue visibility.

Financial highlights

• Consolidated revenue for FY26 was INR 39,261.80 million, up from INR 30,875.85 million year-over-year.

• EBITDA for FY25-26 stood at INR 8,770 million, with a margin of 21.61%.

• Consolidated profit after tax for FY26 was INR 6,915.89 million, up from INR 5,797.71 million in FY25.

• EPS reached INR 12.30 (consolidated), up from INR 10.32 last year.

• Gross dividend payout for FY25-26 was INR 2,529 million, maintaining a 60% payout ratio.

Outlook and guidance

• Order inflow guidance for FY26 is to maintain around INR 8,000 crore, with consultancy segment expected to grow at 15%-20% CAGR over the next 2-3 years.

• Revenue expected to increase by 10%-15% in FY 2026-27, with consultancy margins guided at 20%-25% and turnkey margins at 5%-7%.

• No material uncertainty exists regarding the company’s ability to meet its liabilities as they fall due within one year.

• Energy transition and green hydrogen initiatives to drive future growth, supported by government policies.

• Indian refining and petrochemical capacity expected to grow significantly by 2030.