E to E Transportation Infrastructure Ltd
Incorporated in 2010, E To E Transportation Infrastructure Limited is engaged in providing system integration and engineering solutions for the railway sector.[1]
- Market Cap ₹ 465 Cr.
- Current Price ₹ 270
- High / Low ₹ 386 / 171
- Stock P/E 26.6
- Book Value ₹ 119
- Dividend Yield 0.00 %
- ROCE 15.4 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 32.5%
- Company has a low return on equity of 13.4% over last 3 years.
- Company has high debtors of 222 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 97 | 74 | 130 | 165 | 246 | 376 | |
| Sales growth | -24% | +77% | +27% | +49% | +53% | |
| 83 | 68 | 116 | 146 | 218 | 337 | |
| Operating Profit | 14 | 6 | 14 | 19 | 29 | 39 |
| OPM % | 14% | 8% | 11% | 12% | 12% | 10% |
| 1 | 1 | 1 | 2 | 3 | 4 | |
| Interest | 2 | 2 | 5 | 7 | 12 | 18 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 12 | 5 | 10 | 14 | 18 | 23 |
| Tax % | 13% | 26% | 27% | 24% | 25% | 25% |
| 11 | 4 | 8 | 11 | 14 | 17 | |
| EPS in Rs | 13.54 | 5.84 | 11.97 | 16.78 | 11.01 | 10.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 43% |
| TTM: | 53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 32% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.19 | 0.19 | 0.19 | 0.19 | 0.38 | 17 |
| Reserves | 44 | 48 | 56 | 66 | 114 | 188 |
| 21 | 30 | 43 | 61 | 66 | 152 | |
| 15 | 24 | 44 | 73 | 112 | 185 | |
| Total Liabilities | 81 | 102 | 143 | 200 | 294 | 542 |
| 0 | 0 | 1 | 3 | 6 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 3 |
| Investments | 1 | 0 | 1 | 2 | 2 | 2 |
| 80 | 101 | 141 | 195 | 285 | 531 | |
| Total Assets | 81 | 102 | 143 | 200 | 294 | 542 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -3 | -10 | -0 | 8 | -10 | -102 | |
| 1 | 1 | -1 | -1 | -9 | -36 | |
| 10 | 9 | 8 | 11 | 27 | 140 | |
| Net Cash Flow | 8 | -0 | 7 | 18 | 8 | 2 |
| Free Cash Flow | -3 | -10 | -1 | 5 | -15 | -105 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -10% | -157% | 18% | 58% | -18% | -253% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 87 | 157 | 92 | 138 | 138 | 222 |
| Inventory Days | 9 | 5 | 2 | 1 | 4 | 7 |
| Days Payable | 55 | 187 | 140 | 203 | 226 | 248 |
| Cash Conversion Cycle | 41 | -24 | -45 | -63 | -84 | -20 |
| Working Capital Days | 13 | 35 | 54 | 29 | 57 | 75 |
| ROCE % | 10% | 17% | 18% | 20% | 15% |
Insights
In beta| Jan 2026 | |
|---|---|
| Active Projects Number |
|
| B2B Division Engineers Number |
|
| B2G Division Engineers Number |
|
| Design Experts (EDRC) Number |
|
| Geographical Footprint (Countries) Number |
|
| Geographical Footprint (Indian States) Number |
|
| Number of Clients Number |
|
| Order Book INR Cr |
|
| Projects Completed Number |
Extracted by Screener AI
Documents
Announcements
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Updates
- Declared L1 for ₹71.35 crore SECR auto signalling contract, executable in 9 months.
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Integrated Filing- Governance
- Company notes Regulation 27(2) non-applicability and reports zero investor complaints for Q2 FY2026.
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Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
- Company initiates mediation over ₹8.20 crore dues; counterclaim is ₹3.14 crore.
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Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
- Company wins arbitral award of ₹3.40 crore plus interest from IRCON, payable within four months.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026.
Concalls
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Sep 2026PPT
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May 2026Transcript PPT REC
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Jan 2026PPT
Business Profile[1]
E to E Transportation, founded in 2010 and headquartered in Bengaluru, is a railway systems integrator and OEM serving Indian Railways, metro networks, private sidings and international clients across signalling, telecommunications, electrification and composite systems. The company has delivered 155+ projects and serves 65+ clients, supported by 370+ engineers, 100+ R&D experts and 60+ in-house design experts. In 2025, it established NOVA, a wholly owned OEM subsidiary, and commissioned a facility for R&D and manufacturing of safety-critical railway products.