Engineers India stock rises over 4% on bagging ₹618 crore order in Africa; check details

The EIL stock was trading 1.02% higher at ₹210.94 per equity share, as of 11:51 am.

EIL was awarded the contract for providing project management consultancy (PMC) services, along with engineering, procurement, and construction Management (EPCM) services for a new fertiliser plant in Africa, it said in a regulatory filing dated Friday.

The contract will be valid for a period of 24 months or two years, the filing added.

In August, the firm inked a memorandum of understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to provide engineering services for the development of conceptual design and engineering of structures, systems, and components for Bharat Small Modular Reactor (BSMR), EIL said in a separate statement.

EIL share performance

The scrip gained 4.48% over the week and 31.02% over a period of six months. On a year-to-date basis, it has surged 15.08%.

While the share hit a 52-week high of ₹255.45 on July 11, 2025, it reached a year’s low of ₹142.20 apiece on March 3, 2025.

EIL has a total market capitalisation of ₹11,851.79 crore, as of September 15, 2025, according to data on the NSE.

EIL Q1 performance

The PSU announced a 28.6% year-on-year (YoY) fall in its net profit to ₹65.4 crore in the June quarter of the 2025-26 fiscal year (Q1FY26), as against ₹91.6 crore in the year-ago period.

Its revenue from operations, however, surged 39.4% YoY to ₹870 crore during the reporting quarter, compared to ₹624 crore in the first quarter of FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹72.1 crore in Q1FY26, marking a jump of 40.3% YoY from ₹51.4 crore in the June quarter of the previous fiscal year.

EIL is a public sector undertaking under the administrative control of the Ministry of Petroleum & Natural Gas (MoPNG), providing concept to commissioning services across various industrial sectors.