Engineers India
Engineers India Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
2 of 4 strong
Not discussed on this call: fundraise.
The short version
The company maintains a revenue target of INR 5,000 crores for FY28 and aims to improve on it. The company targets maintaining or improving profitability with an operating margin target of around 16% for FY27, similar to FY26, with potential upside from client order settlements.
From Engineers India's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- The company maintains a revenue target of INR 5,000 crores for FY28 and aims to improve on it.
- Consultancy segment turnover is expected to exceed INR 2,300-2,400 crores, contributing over 50% (potentially up to 60%) of total revenue.
- Consultancy services growth guidance is over 10%, with potential for an upward revision based on project progress.
- Turnkey segment is expected to gain momentum in the 3rd and 4th quarters of FY27 as new projects move from initial phases to execution.
- Middle East and overseas businesses are projected to grow, with a target of INR 500 crores revenue from the Middle East in Q1 FY27.
- The order inflow target remains INR 8,000 crores for the current fiscal year, with a sizable portion from consultancy and overseas orders.
- New sectors such as coal gasification and nuclear are being targeted for future growth with ongoing project bids and feasibility studies.
Profitability & Margins
See what Engineers India said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Engineers India Limited has made strategic investments in fertilizer projects like NRL and RFCL, which are considered safe and yield dividends. There is no current plan to monetize these investments.
- The company is accumulating surplus cash reserves but currently has no concrete plans to distribute them to shareholders.
- Management is considering other investment plans, though no specifics have been finalized or disclosed yet.
- Focus remains on identifying new investment opportunities aligned with company interests and capabilities, similar to their fertilizer sector partnership.
- They are open to evaluating potential projects that fit their risk profile and strategic growth areas but no definite capex plans were shared.
Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Engineers India said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order inflow for the year till date (YTD) is approximately INR 2,750 crores (Page 14).
- Out of this, around INR 1,100 crores is consultancy and INR 1,500 crores is LSTK (domestic) (Page 5).
- The company targets an annual order intake of INR 8,000 crores and aims to maintain or exceed this (Page 14, 5).
- Consultancy segment order book is strong with a book-to-bill ratio indicating execution of around 20% out of a INR 10,000 crores consultancy order book (Page 13).
- The consultancy segment is expected to contribute around 50%-60% of revenue going forward (Page 7, 13).
- Pending lumpy orders and expected conversions lean towards consultancy and overseas projects (Page 14).
- Competitive bidding is intense across segments, with multiple mega and multi-million dollar projects under consideration (Page 13).
Engineers India — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹926 Cr, net profit ₹196 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Engineers India Ltd's management said in earlier quarters
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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- Power Mech Projects Ltd (Q1 FY27)
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- Sathlokhar Synergys E&C Global Ltd (Q1 FY27)
Current order book as of Q1 FY27 stands at approximately INR810 crores. Key concall takeaways from Sathlokhar Sys.'s Q1 FY27 earnings call — and how it ranks…
Frequently Asked Questions
What were Engineers India Q1 FY27 results?
The company maintains a revenue target of INR 5,000 crores for FY28 and aims to improve on it. The company targets maintaining or improving profitability with an operating margin target of around 16% for FY27, similar to FY26, with potential upside from client order settlements.
What is Engineers India share price analysis?
Engineers India currently shows a below-average growth signal. The stock trades at a P/E of 17.6 with a market cap of ₹13,765 Cr. Investors should review the full earnings analysis for detailed insights.
Is Engineers India planning capital expenditure?
Engineers India Limited has made strategic investments in fertilizer projects like NRL and RFCL, which are considered safe and yield dividends.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.