Engineering, procurement and consulting (EPC) company Engineers India Limited (EIL) has secured an order inflow of Rs 8,214 crore in fiscal 2024-25 (FY25), significantly higher than Rs 3,405 crore booked by the firm in the previous year.
In FY25, the hydrocarbon sector accounted for 55 percent of the business while the rest came from infrastructure, chemicals, fertilisers, mining, metallurgy, power and renewables, said chairman and managing director Vartika Shukla in post-results press conference.
For future growth, EIL is eyeing projects away from its core business, which is oil and gas, and is focused on sectors such as power, renewables, nuclear and mining, Shukla added.
For the mining sector, Shukla said EIL has a strategy to enter into the sector but refrained from sharing details as of now. Meanwhile, for nuclear sector, the company's progress will depend on national policy, she said.
“The company is leading the transition to cleaner energy by foraying in the area of biofuels. Implementation of one of largest capacities Biorefinery projects in India for Assam Biorefinery Private Limited (ABRPL) is nearing completion. Additionally, the company is leading the development of a PFR for a 2G Ethanol (bamboo-based bio refinery) project for NRL in Meghalaya and a DFR of 2G ethanol plant for NTPC,” said EIL.
The contribution of order inflow from international businesses also grew significantly in the fiscal reaching around Rs 1,077 crore, the highest in the last decade. The company said the successful commissioning of Dangote oil refinery project in Nigeria underscores EIL’s prominent overseas presence.
EIL also has engagements with BAPCO in Bahrain, KNPC in Kuwait, PDO in Oman, projects in LNG and petrochemical sector in Africa and power plant project in Guyana, it added.
EIL reported standalone net profit of Rs 243 crore in the fourth quarter of FY25, compared to Rs 91 crore in the same period last year. The company’s board of directors recommended a final dividend of Rs 2 per share, subject to approval of shareholders in the Annual General Meeting.
As of March 31, 2025, EIL’s order book stood at around Rs 11,700 crore.
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