Enviro Infra Engineers (EIEL) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 consolidated revenue from operations rose 17.4% YoY to ₹24,092.02 lakh; EBITDA increased 25.2% to ₹642 Mn and PAT grew 41.8% to ₹4,248.05 lakh.

• Growth was supported by order-book execution, new project wins and expansion into ZLD and renewable energy; the stated order book reached ₹29,971 Mn after subsequent orders.

• Delivered 53 water and wastewater treatment plants with total capacity of 897 MLD; FY22–FY25 revenue and PAT CAGRs were 68.33% and 72.44%.

Financial highlights

• Consolidated revenue from operations was ₹24,092.02 lakh vs ₹20,518.02 lakh YoY; total income was ₹24,919.27 lakh vs ₹20,745.61 lakh.

• EBITDA excluding other income was ₹642 Mn, up 25.2% YoY; EBITDA margin improved 170 bps to 26.65%.

• Consolidated PAT was ₹4,248.05 lakh vs ₹2,996.81 lakh; profit before tax was ₹5,723.92 lakh vs ₹4,311.60 lakh.

• A ₹495 lakh cyber-fraud exceptional charge affected Q1 reported profit; a further ₹620 lakh of fraudulent transfers was reported subsequently.

• FY25 revenue was ₹10,661 Mn, up 46.3%; EBITDA excluding other income rose 60.8% to ₹2,678 Mn and PAT rose 66.4% to ₹1,771 Mn.

Outlook and guidance

• Strategy targets STP projects of 50–200 MLD and CETP projects of 20–50 MLD, while pursuing larger projects independently and with partners.

• Plans include broader pan-India reach, more HAM bids and qualification for larger projects to support growth and improve margins.

• Waste-to-energy initiatives include solar and compressed biogas plants; management expressed confidence in sustaining growth momentum.