Q2 2026 Engineers India Ltd Earnings Call Transcript
Key Points
- Engineers India Ltd (BOM:532178) reported a record high order book of INR13,131 crore as of September 30, 2025, up from INR12,145 crore in the previous quarter.
- The company achieved a significant increase in turnover, reaching INR900 crore for Q2 FY26, compared to INR676 crore in the same period last year.
- Profit before tax increased by 50% to INR150 crore, and profit after tax rose by 45% to INR115 crore compared to the previous year.
- The company secured a substantial international consulting order worth INR600 crore in Africa, contributing to a strong order inflow.
- Engineers India Ltd is maintaining a healthy EPS of INR3.29 for the first half of FY26, reflecting strong financial performance.
- The overseas consultancy revenue has declined this year, with a quarterly run rate of INR70 crore to INR75 crore, down from INR85 crore to INR100 crore last year.
- The Ramagundam Fertilizer project faced a 45-day shutdown in Q2, resulting in a loss of INR25 crore, impacting overall profitability.
- The company's turnkey segment, while contributing to top-line growth, operates at a lower margin compared to the consultancy segment.
- There is a concern about the impact of equity investments in joint ventures like Ramagundam Fertilizers, which have not yet yielded significant returns.
- The company faces challenges in maintaining consultancy margins due to the rising international mix and potential impacts from pay commission adjustments.
Ladies and gentlemen, good day, and welcome to the EIL, Engineers India Limited Q2 FY26 earnings conference call hosted by DAM Capital Advisors Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Ms. Bhoomika Nair. Thank you, and over to you, ma'am.
Yeah, hi. Good evening, everyone. On behalf of DAM Capital, I welcome you to the Q2 FY26 earnings call of Engineers India Limited. We have the call today being represented by Mr. Sanjay Jindal, Director of Finance; Mr. Suvendu Padhi, Company Secretary and Investor Relations; Mr. R.P. Batra, Executive Director, Finance and Accounts and IR; Mr. Amanpreet Singh Chopra, Senior General Manager, CMD Office and IR; Mr. Vivek Midha, Senior General Manager, Marketing, BD and IR; and Ms. Neha Narula, Senior Manager, Company Secretary and IR.
At this point, I'll hand over the floor to Mr. Jindal for his initial remarks, post which we'll open up the floor for Q&A. Thank you, and over to you,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
