NSE: ENGINERSIN | BSE: 532178

Strong Performer, Getting Expensive

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250.52 0.38 (0.15%)

76.17% Gain from 52W Low

7.7M NSE+BSE Volume

NSE 11 Jul, 2025 3:31 PM (IST)

14,080.3

Market Cap

Market Leader

1.4

Beta 1Year

Very High Volatility

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.

20 May 2019

250.52

0.15%

Engineers India-4QFY19 Result Update

Engineers India Ltd.

Reliance Securities

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

18 May 2019

250.52

0.15%

Q4FY19 Result Update

Buy: Engineers India Ltd.

Target

Prabhudas Lilladhar

Engineers India Ltd (EIL) reported good set of numbers for 4QFY19 with Change in Estimates | Target | Reco Sales/PAT up 20%/38% YoY, mainly led by strong revenue performance in Turnkey segment and margin expansion in Consultancy segment. EIL...

Engineers India Ltd. has gained 56.64% in the last 3 Months

Engineers India Ltd.

11 Feb 2019

250.52

0.15%

Engineers India

Hold: Engineers India Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Engineers India (EIL) reported weak Q3FY19 numbers due to higher contribution from the low margin turnkey business Due to strong execution in turnkey segment, revenue booking in this segment jumped 163.8% YoY to | 234.5 crore. Accordingly, turnkey segment contributed 40.6% to the overall topline (normally contributes less than 25-35% to the overall business). This helped overall revenues grow 21.9% YoY to | 577 crore. Consultancy...

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

08 Feb 2019

250.52

0.15%

Hurt by weak Turnkey segment; order backlog provides strong revenue visibility

Buy: Engineers India Ltd.

Motilal Oswal

14 November 2018 Sales increased 22% YoY to INR5.8b, below our estimate of INR6.5b. EBITDA declined 30% YoY to INR949m, with the margin of 16.4% ahead of our estimate of 15.7%, given the better-than- estimated margin in Consulting segment. EBIT margin shrank by 770bp YoY to 30% in Consulting and by 600bp YoY to 6.1% in EPC off a high base (3QFY18 margins were supported by provision reversal). PAT declined 16% YoY to execution of orders in hand for BS-VI upgrades. On the other hand, Consulting sales declined 11% YoY to INR3.4b. green R&D; center at Bengaluru EPC order (INR107m), (b) PMC and EPCM service for Dangote refinery project (INR168m) and (c) design and detailed engineering for project engineering services (INR94m). Order book of INR107.9b stands healthy, with revenue visibility of 4.7x its TTM revenue.

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

16 Nov 2018

250.52

0.15%

Engineers India

Hold: Engineers India Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Engineers India (EIL) reported weak Q2FY19 numbers due to higher contribution from the low margin turnkey business Due to strong execution in turnkey segment, revenue booking in the segment jumped ~3.5x YoY. Accordingly, turnkey segment contributed 51% to overall topline (normally contributes less than 2535% to overall business). This helped overall revenues grow 58.8% YoY to | 681.4 crore. Consultancy revenues (| 332.4 crore) were flat for...

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

14 Nov 2018

250.52

0.15%

Engineers India-Result Update

Buy: Engineers India Ltd.

Target

Reliance Securities

Engineers India (ENGR) has posted Rs978mn net profit in 2QFY19 (vs. our estimate of Rs1.06bn) mainly due to lower margin and dismal performance of high-margin consultancy business. However, its revenue grew by a healthy 59% YoY to Rs6.8bn led by 3.6x jump revenue from turnkey projects to Rs3.5bn, while consultancy business reported flat sales of Rs3.3bn. Despite strong revenue growth, EBITDA declined by 34% YoY to Rs915mn, while operating margin declined to 13.4% from 32.4% in 2QFY18 due to higher revenue-mix (51% vs. 22% in 2QFY18) of low-margin turnkey projects and one-off in 2QFY18. The margin of consultancy business fell by 275bps YoY to 29%. Order backlog rose by 37% YoY to Rs121.6bn, while order inflow...

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

13 Aug 2018, 12:00AM

250.52

0.15%

Engineers India - Result Update

Buy: Engineers India Ltd.

Reliance Securities

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

10 Aug 2018

250.52

0.15%

Engineers India

Hold: Engineers India Ltd.

Recommendation Target

ICICI Securities Limited

Engineers India (EIL) reported a weak operational performance in Q1FY19 due to the changing execution mix i.e. higher turnkey execution and lower consultancy execution. On a YoY basis, turnkey revenues increased ~4x to | 251 crore while consultancy revenue declined 4.4% YoY to | 322.3 crore Thus, overall revenues grew 52.7% YoY to | 573.3 crore. Consultancy...

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

08 Jun 2018

250.52

0.15%

ENGINEERS INDIA LTD

Buy: Engineers India Ltd.

Rudra Shares and Stock Brokers Ltd

The company has recovered order inflows of `1660 Crores in consulting for 79 in EPC totaling to ` 2140 Crores. Major orders secured during the year is polymer addition project of over ` 1000 Crores and two EPC projects from ONGC worth `235 Crores and `244 Crores. The order book position as on March 31, 2018 stands at `7873 Crores compared to `7762 Crores last year. The mix is quite similar to...

Engineers India Ltd. is trading above all available SMAs

Is Engineers India Ltd. worth buying?

656 Votes:

Buy 83.69%

Sell 8.08%

Hold 8.23%

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