SYNOPSIS: This PSU engineering consultancy saw its order book surge from Rs. 3,641 crore to Rs. 15,670 crore over a decade, supported by strong project wins and improved financial performance in Q3 FY26.
A premier engineering consultancy organisation under the Ministry of Petroleum & Natural Gas, Government of India, has witnessed a sharp rise in its order book in the last 10 years, surging from just Rs. 3,641 crores to Rs. 15,670 crores.
We are talking about Engineers India Limited (EIL). The company is principally engaged in the business of providing design, engineering, procurement, construction, and integrated project management services primarily for oil, gas, fertilisers, steel, railways, power, infrastructure and petrochemical industries. It operates into two major segments, namely Consultancy and engineering projects and Turnkey projects.
In this article, we will take a closer look at the order book of Engineers India, tracing how it has evolved over the past decade, tracking its growth from FY15 to FY25, along with the latest figures for Q3 FY26.
Price Movement
During Friday’s trading session, shares of Engineers India Limited closed in the red at Rs. 189.35 on BSE, down by around 6 percent, as against its previous closing of Rs. 200.7, with a market cap of Rs. 10,642 crores. The stock has delivered positive returns of around 18 percent in one year, but has fallen by over 6 percent in one month.
Order Book Trend
Over the years, EIL has demonstrated consistent growth in its order book, reflecting strong project wins and a diversified presence across infrastructure segments. In FY15, the company reported an order book of Rs. 3,641 crore. Meanwhile, in FY16, the order book contracted to Rs. 3,788.7 crore.
In FY17, EIL reported a rise in the order book to Rs. 7,762 crore. Further, the momentum continued significantly in FY18, when the order book surged to Rs. 7,873 crore, and expanded again to ~Rs. 11,188.7 crores in FY19.
As of 31st March 2020, the company’s order book fell to Rs. 9,555.4 crore, but later reduced to Rs. 7,982 crore by the end of FY21. The diversified order book fell further to around Rs. 7,655 crore during FY22, while in FY23, the cumulative order book reached Rs. 7,694.6 crore.
In FY24, its order book improved marginally to Rs. 7,823.5 crore, while in FY25, EIL achieved its highest-ever order book of around Rs. 11,717.3 crore.
By January 2026, EIL reported the highest-ever order book in its history at around Rs. 15,670 crores, with an order inflow of Rs. 7,700 crores. Of this total order book, the Consultancy orders stood at Rs. 10,700 crores and Rs. 5,000 crores from Lump Sum Turnkey (LSTK) and Open Book Estimate (OBE) models.
Financial Performance
For Q3 FY26, the company posted consolidated revenue from operations of Rs. 1,210 crores, reflecting a sequential growth of over 31 percent QoQ compared to Rs. 921 crores in Q2 FY26. Likewise, on a year-on-year basis, revenue increased by nearly 58 percent from Rs. 765 crores recorded in Q3 FY25.
Meanwhile, the net profit stood at Rs. 347 crore, indicating an impressive increase of about 318 percent QoQ from Rs. 83 crores in Q2 FY26, while on a year-on-year basis, the profit moved up by more than 218 percent from Rs. 109 crores reported in Q3 FY25.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post ₹3,641 Cr to ₹15,670 Cr: PSU Stock Whose Order Book Grew Massively Over 10 Years appeared first on Trade Brains.