Enviro Infra Engineers (EIEL) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 revenue from operations rose 49.09% YoY; execution continued across water, wastewater and renewables, with management emphasizing disciplined delivery and healthy margins.

• Order book totaled Rs 67,208 Mn across water and wastewater, renewables and storage; two Varanasi HAM awards expanded the water portfolio.

Financial highlights

• Consolidated revenue from operations was ₹35,918.35 lakh versus ₹24,092.02 lakh in Q1 FY26; total income was ₹36,518.24 lakh versus ₹24,919.27 lakh.

• Q1 FY27 EBITDA was Rs 757 Mn, up 17.87% YoY; PAT was ₹4,521.25 lakh, up 6.47%.

• Consolidated PBT was ₹5,852.99 lakh versus ₹5,723.92 lakh; parent-attributable PAT was ₹3,982.66 lakh versus ₹4,189.62 lakh.

• FY26 revenue from operations rose 7.46% YoY to Rs 11,456 Mn; EBITDA rose 3.36% to Rs 2,768 Mn and PAT rose 6.38% to Rs 1,884 Mn.

• Consolidated basic and diluted EPS were ₹2.27 each versus ₹2.39 in Q1 FY26; standalone revenue was ₹24,583.13 lakh and PAT was ₹3,575 lakh.

Outlook and guidance

• FY27 revenue guidance remains INR 2,000 crore and PAT guidance INR 260–270 crore; BESS procurement is expected to start in Q3 and support higher revenue thereafter.

• FY27 EBITDA margin guidance is 21%–22% for standalone water and wastewater and 19%–20% blended; PAT margin guidance is 13%–14%.

• FY27 order-inflow target is INR 2,500 crore; INR 256 crore was secured to date, with ~INR 3,000 crore of bids under evaluation and INR 6,000–7,000 crore of further opportunities.

• Longer-term revenue growth expectation is 25%–30%, while avoiding low-margin projects; strategy includes larger HAM, STP and CETP opportunities and phased international expansion.