Engineers India Limited (EIL) delivered a strong financial performance in FY26, recording a record turnover of ₹3,849 crore and an all-time high net profit of ₹638 crore, according to Chairman and Managing Director Atul Gupta. The Navratna public sector engineering consultancy also closed FY26 with an order book of ₹15,109 crore, while order inflows during the year reached ₹7,978 crore. Since then, EIL’s order book has increased to around ₹17,000 crore.
Operating Margins Improve
EIL also strengthened its operating profitability during FY26. Its operating margin increased to 16.22%, compared with 14.76% in the previous year. Meanwhile, the company’s EBITDA margin rose to 21.61% from 20.60%. The company has already secured ₹3,565 crore of orders in FY27, comprising ₹2,492 crore in domestic orders and ₹1,073 crore in international orders. For FY27, EIL is targeting 10% revenue growth while aiming to maintain operating margins within the 14–16% range. Gupta has indicated that order inflows could strengthen during the remaining quarters of FY27, as the first quarter typically records lower order bookings.
Diversification Beyond Oil and Gas
EIL is also expanding its business beyond its traditional oil and gas segment. The company is pursuing opportunities across metals, nuclear energy, infrastructure, data centres, fertilisers and maritime projects. This diversification strategy could broaden EIL’s project pipeline while reducing its dependence on a single industry segment.
Healthy Order Book Supports Growth
EIL expects its strong order book and execution pipeline to support business growth through FY27. During the April-June quarter, the company’s consultancy business contributed a larger share of revenue, while the engineering, procurement and construction (EPC) segment recorded a temporary decline as several projects approached completion. Typically, EIL maintains a revenue mix of approximately 55% consultancy and 45% EPC. Gupta expects this mix to normalise in the coming quarters as EPC activity picks up. At the same time, the company expects to sustain its EBITDA margins even as the contribution from its EPC business recovers.
Outlook for FY27
With a growing order book, improving margins and a broader sector focus, EIL is targeting further revenue growth in FY27. As reported by cnbctv18.com, the company will continue to focus on order acquisition, project execution and business diversification while maintaining profitability across its consultancy and EPC operations.
