Enviro Infra Engineers Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,819 Cr
- P/E
- 15.34
- ROE
- 16.79%
- PEG
- 0.30
- Price to sales
- 2.24
- Debt to equity
- 0.34
- 52W high / low
- ₹253 / ₹137
- Sales growth (5Y)
- 55.97%
- EBITDA margin
- 22.81%
- Net profit margin
- 16.81%
- Promoter holding
- 70.23%
- Sales (last year)
- ₹1,264 Cr
Established in 2009, Enviro Infra Engineers is engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities.[1]
Guidance scorecard · Q1 FY27 call
What Enviro Infra Engineers Ltd's management guided
and where it ranks in Other Utilities
Other Utilities
RevenueQ1 FY27 call
10–20%- Enviro Infra Engineers Limited targets continuous growth of 25%-30% minimum over the next 2-3 years.
- Revenue guidance for FY27 is INR 2,000 crores with potential to exceed to INR 2,500 - 2,700 crores if execution exceeds.
- Healthy order book with INR 2,700+ crores in water and wastewater treatment and about INR 1,000 crores in renewables.
- Large bid pipeline of INR 6,000 - 7,000 crores expected for upcoming projects in water and wastewater treatment.
- Two new HAM projects being bid; total of five HAM projects under execution or near completion.
- Growth fueled by diversification into renewables (solar, wind, BESS) and geographical expansion including overseas markets.
2 more points from Enviro Infra Engineers Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Enviro Infra Engineers Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Enviro Infra Engineers Limited has made a strategic investment of INR 75 crores in the renewable segment.
- The company acquired a wind EPC company, Suyog Urja Limited, with a total acquisition value of INR 311 crores, paid in tranches (first tranche INR 111 crores paid, second tranche INR 100 crores expected post FY27, and third tranche post FY28).
- Suyog Urja's expected revenue for FY27 is INR 400-450 crores, supported by an existing order pipeline of INR 800 crores and an anticipated addition of INR 500-600 crores in orders.
2 more points from Enviro Infra Engineers Ltd's call on capex
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FundraisingQ1 FY27 call
See what Enviro Infra Engineers Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Total order book across segments: Approximately INR5,000 crores (INR2,700 crores water & wastewater; INR2,000 crores renewable execution; INR998 crores water O&M; INR1,079 crores renewable IPP and O&M).
- Current water and wastewater execution order book: INR2,696 crores.
- Renewable execution order book: INR1,948 crores.
- Additional order pipeline for bidding: INR3,000 crores (evaluations ongoing).
- Upcoming bidding opportunities: INR6,000 to INR7,000 crores (bids to be submitted shortly).
- Last financial year strike rate: Around 20%.
- Expected order inflow for current financial year: INR2,500 crores.
2 more points from Enviro Infra Engineers Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Other Utilities
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Other Utilities companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹1,488 Cr | 10.8 | |
| 2 | 40%+ | Flat | ₹807 Cr | 56.3 | |
| 3 | 40%+ | Flat | ₹690 Cr | 18.7 | |
| 4 | 40%+ | Flat | ₹334 Cr | 19.6 | |
| 5 | 40%+ | Flat | ₹94 Cr | 7.3 | |
| 6 | 20–40% | Flat | ₹3,521 Cr | 12.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Other Utilities rankingFinancials of Enviro Infra Engineers Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Enviro Infra Engineers Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 120 | 150 | 300 | 205 | 213 | 247 | 393 | 241 | 227 | 250 | 427 |
| Expenses + | 97 | 122 | 214 | 154 | 157 | 194 | 293 | 177 | 162 | 182 | 347 |
| Operating Profit | 22 | 28 | 86 | 51 | 56 | 54 | 99 | 64 | 65 | 68 | 80 |
| OPM % | 19% | 18% | 29% | 25% | 26% | 22% | 25% | 27% | 29% | 27% | 19% |
| Other Income + | 1 | 2 | 3 | 2 | 9 | 5 | 11 | 3 | 10 | 8 | 11 |
| Interest | 5 | 4 | 9 | 8 | 12 | 8 | 8 | 7 | 7 | 10 | 12 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 5 | 8 | 9 |
| Profit before tax | 17 | 24 | 78 | 43 | 50 | 48 | 99 | 57 | 63 | 58 | 71 |
| Tax % | 29% | 28% | 27% | 30% | 27% | 24% | 25% | 26% | 22% | 28% | 23% |
| Net Profit + | 12 | 17 | 57 | 30 | 36 | 37 | 74 | 42 | 50 | 42 | 54 |
| EPS in Rs | 4.64 | 6.54 | 4.21 | 2.25 | 2.60 | 2.09 | 4.17 | 2.39 | 2.78 | 2.30 | 2.96 |
Financials of Enviro Infra Engineers Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 108 | 124 | 224 | 338 | 729 | 1,066 | 1,146 |
| Expenses + | 98 | 110 | 174 | 256 | 562 | 798 | 869 |
| Operating Profit | 10 | 15 | 50 | 82 | 166 | 268 | 277 |
| OPM % | 9% | 12% | 22% | 24% | 23% | 25% | 24% |
| Other Income + | 2 | 2 | 2 | 4 | 9 | 19 | 34 |
| Interest | 3 | 4 | 4 | 8 | 23 | 37 | 36 |
| Depreciation | 1 | 1 | 2 | 2 | 6 | 9 | 25 |
| Profit before tax | 7 | 12 | 46 | 75 | 147 | 241 | 250 |
| Tax % | 27% | 26% | 25% | 26% | 28% | 26% | 25% |
| Net Profit + | 5 | 9 | 35 | 55 | 106 | 177 | 188 |
| EPS in Rs | 21.35 | 35.29 | 141.60 | 21.46 | 7.92 | 10.04 | 10.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Enviro Infra Engineers Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 26 | 137 | 176 | 176 |
| Reserves | 26 | 35 | 69 | 101 | 155 | 819 | 1,057 |
| Borrowings + | 26 | 30 | 17 | 65 | 234 | 234 | 422 |
| Other Liabilities + | 56 | 45 | 59 | 157 | 235 | 270 | 387 |
| Total Liabilities | 111 | 112 | 148 | 348 | 761 | 1,498 | 2,042 |
| Fixed Assets + | 8 | 8 | 10 | 18 | 47 | 70 | 255 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 114 |
| Investments | 0 | 0 | 0 | 0 | 0 | 9 | 67 |
| Other Assets + | 103 | 104 | 137 | 329 | 713 | 1,419 | 1,606 |
| Total Assets | 111 | 112 | 148 | 348 | 761 | 1,498 | 2,042 |
Financials of Enviro Infra Engineers Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -2 | 5 | 42 | 101 | -102 | -47 | |
| Cash from Investing Activity + | -1 | -3 | -26 | -141 | -106 | -263 | |
| Cash from Financing Activity + | 1 | -1 | -16 | 42 | 207 | 471 | |
| Net Cash Flow | -2 | 1 | -0 | 2 | -2 | 162 | |
| Free Cash Flow | -4 | 4 | 38 | 90 | -135 | -93 | |
| CFO/OP | -1% | 52% | 94% | 153% | -47% | 10% |
Financials of Enviro Infra Engineers Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 200 | 150 | 64 | 61 | 52 | 70 | 53 |
| Inventory Days | 14 | 24 | 34 | 20 | 32 | 28 | 16 |
| Days Payable | 292 | 249 | 145 | 197 | 146 | 112 | 118 |
| Cash Conversion Cycle | -78 | -75 | -46 | -117 | -62 | -13 | -49 |
| Working Capital Days | 22 | 44 | 34 | -22 | 24 | 89 | 158 |
| ROCE % | 25% | 64% | 59% | 47% | 32% | 20% |
Guidance history
How Enviro Infra Engineers Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 40%+ | Down 0–2% | Planned | Planned | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
7 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −35.7% | 17% |
| Last 6 months | −24.1% | 15% |
| Last 3 months | −26.9% | 9% |
The price is 50.6% below its all-time high of ₹325.45 (3 Jan 2025). Stocks more than 20% below their peak have their score halved, so 14 became 7.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Enviro Infra Engineers Ltd: 0.4 × 17 + 0.4 × 15 + 0.2 × 9 = 14, halved to 7 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Enviro Infra Engineers Ltd's management said in earlier quarters
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