NSE: ENGINERSIN | BSE: 532178

Mid-range Performer

Download real time

196.84 -3.05 (-1.53%)

38.42% Gain from 52W Low

920.8K NSE+BSE Volume

NSE 28 Nov, 2025 3:31 PM (IST)

11,063.2

Market Cap

Market Leader

Beta 1Year

Very High Volatility

Dividend

Engineers India has an upcoming dividend of ₹1.00 per share due on 04 Dec 2025 See details

Engineers India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ENGINERSIN, BSE:532178 Engineers India Ltd.

Engineers India Ltd.

30 Oct 2023, 12:00AM

196.84

-1.53%

Engineers India

Buy: Engineers India Ltd.

ICICI Direct

Engineers India Ltd.'s price crossed below 50Day SMA today

Engineers India Ltd.

10 Aug 2023

196.84

-1.53%

Stable performance; Downgrade to HOLD

Hold: Engineers India Ltd.

Recommendation Target

ICICI Securities Limited

Engineers India reported a good set of numbers for Q1FY24. Revenue came in at INR 8.1bn (flat YoY) while EBITDA improved 49% YoY to INR 685mn primarily aided by overall margin expansion of 276bps, which can be attributed primarily to 836bps margin expansion YoY in consultancy segment.

ICICI Direct increased Buy price target of Engineers India Ltd. to 250.0 on 17 Nov, 2025.

Engineers India Ltd.

24 Jul 2023

196.84

-1.53%

Pick of the Week Engineers India Ltd.

Buy: Engineers India Ltd.

SBI Securities

Number of FII/FPI investors increased from 160 to 183 in Sep 2025 qtr.

Engineers India Ltd.

17 Jul 2023

196.84

-1.53%

Engineers India

Buy: Engineers India Ltd.

ICICI Direct

Engineers India Ltd.'s price crossed below 50Day SMA today

Engineers India Ltd.

30 May 2023, 12:00AM

196.84

-1.53%

Geared for strong growth ahead

Buy: Engineers India Ltd.

Target

ICICI Securities Limited

Engineers India (EIL) reported a strong set of numbers with Q4FY23 EBITDA up 51% YoY to Rs1.6bn (I-Sec: Rs1.4bn) led mainly by 540bps YoY margin expansion to 18.8%. PAT grew 26% YoY to Rs1.6bn (I-Sec: Rs1.4bn).

Engineers India Ltd.'s price crossed below 50Day SMA today

Engineers India Ltd.

29 May 2023, 12:00AM

196.84

-1.53%

ENGINEERS INDIA

Accumulate: Engineers India Ltd.

Recommendation Target

Prabhudas Lilladhar

Engineers India Ltd.'s price crossed below 50Day SMA today

Engineers India Ltd.

12 Feb 2023

196.84

-1.53%

Healthy execution; higher turnkey share weighs on margin

Buy: Engineers India Ltd.

Target

ICICI Securities Limited

Engineers India’s (EIL) Q3FY23 revenue grew ~22% YoY to Rs8.3bn led by strong execution in turnkey segment. This is the third consecutive quarter where turnkey witnessed strong performance. However, due to higher revenue share from turnkey, (58% in Q3FY23 vs 47% in Q3FY22), coupled with weak margin in consultancy business (-410bps YoY), EBTIDA margin contracted 360bps YoY to 5.6%.

Number of FII/FPI investors increased from 160 to 183 in Sep 2025 qtr.

Engineers India Ltd.

11 Nov 2022

196.84

-1.53%

Stable execution; higher turnkey share weighs on margin

Buy: Engineers India Ltd.

Target

ICICI Securities Limited

Engineers India’s (EIL) Q2FY23 revenue grew 21% YoY to Rs7.8bn led by healthy execution in the turnkey segment.

Engineers India Ltd.'s price crossed below 50Day SMA today

Engineers India Ltd.

10 Aug 2022

196.84

-1.53%

Stable execution; one-offs impact margin

Buy: Engineers India Ltd.

Target

ICICI Securities Limited

Engineers India’s (EIL) Q1FY23 revenues grew 9.5% YoY to Rs8bn led by healthy execution in the turnkey segment.

Number of FII/FPI investors increased from 160 to 183 in Sep 2025 qtr.

Engineers India Ltd.

15 Feb 2022

196.84

-1.53%

Operating performance misses our estimate

Buy: Engineers India Ltd.

Motilal Oswal

ENGR's 3QFY22 revenue was 25% below our estimate, with the miss led by a 25%/26% miss in the Consultancy/Turnkey segment. Operating profit stood at INR625m, 48% below our estimate. This was on account of an unfavorable revenue mix, with 47% revenue from Turnkey projects. EBITDA margin stood at 9.2% (est. 13.2%) on account of high input costs. Order inflows in 3Q/9MFY22 stood at INR564m/INR15b (-70%/+74% YoY) and flat v/s 9MFY20 levels, thereby indicating a revival in ordering activity in its key end-market of Oil and Gas. While Oil and Gas continue to remain a...

Engineers India Ltd. has an average target of 247.50 from 2 brokers.

Is Engineers India Ltd. worth buying?

669 Votes:

Buy 83.71%

Sell 8.07%

Hold 8.22%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf