Engineers India Q4 Results: Net profit more than doubles to ₹278 crore; order inflows hit all-time high

Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries.

The state-owned company on Thursday reported record profits for the quarter and fiscal year ending March 31, 2025 as order flow for the public sector undertaking (PSU) swelled to touch an all-time high.

The net profit in the March 2025 quarter more than doubled to ₹279.81 crore from ₹115.52 crore logged a year back, according to a stock exchange filing by the company.

This translates to a growth of 142% in net profit during the period under review.

For the full fiscal, net profit increased to ₹580 crore, up 30.2% from ₹445.25 crore seen in the previous 2023-24 fiscal year.

"The company's financial performance demonstrates resilience and robust financial stability," EIL chairman and managing director Vartika Shukla told reporters announcing the earnings.

In the year FY 2024-25, "we secured an order inflow of ₹8,214 crore, which is an all-time high in EIL's journey so far, leading to a robust order book position standing around ₹12,400 crore," she said.

The firm, which provides engineering consultancy and EPC (engineering, procurement, and construction) services, particularly focused on the oil and gas, and petrochemical sectors, is diversifying its portfolio beyond hydrocarbons. It is also expanding overseas.

"The share of diversified business segments has increased significantly, with around 36% of the order inflow shared by the energy efficient infrastructure segment in the past fiscal, which includes high-end data centres, state-of-the-art laboratories, and academic complexes, among others," Shukla said.

During the fiscal year, EIL secured around 36% of its business through competitive bidding, with the share of consultancy standing at around 56% of the order inflow in the fiscal.

"The contribution of order inflow from international businesses grew significantly, reaching around ₹1,077 crore, the highest in the last decade," she said, adding that overseas orders make up for 12.15% of total orders received.

"We have a target to take this to 20%," she said without giving timelines.

About half of the order inflow is from non-oil and gas sectors such as infrastructure, chemicals, fertilisers, power, mining and metallurgy.

While domestically EIL is looking at providing project consultancy services in the power sector, including renewables, defence, critical minerals and infrastructure, it has advanced its global footprint with the successful commissioning of the Dangote oil refinery project in Nigeria and building Mongolia's first oil refinery.

The company added that it has made strides in its engagements with BAPCO in Bahrain, KNPC in Kuwait, PDO in Oman, projects in the LNG and petrochemical sector in Africa and power plant projects in Guyana, among others.

EIL is expanding its Abu Dhabi office and is opening another one in Saudi Arabia.

Shukla said EIL is helping build a biorefinery in Assam that will produce bio-ethanol from bamboo. It is also building a bio-ATF plant at Mangalore for MRPL, she said, adding that the firm is also implementing projects related to green hydrogen.

Engineers India Q4: Dividend Update

Engineers India said its board has recommended a final dividend of ₹2 per share (on the face value of ₹5 each) on the equity shares of the company for the financial year 2024-25. The final dividend is subject to approval of shareholders in the ensuing annual general meeting (AGM).

Engineers India share price trend

Shares of Engineers India have rallied 19.5% in the past 30 days, nearly 10% in the past six months, and around 20% so far in 2025.