Enviro Infra Engineers Ltd
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]
- Market Cap ₹ 3,318 Cr.
- Current Price ₹ 189
- High / Low ₹ 306 / 135
- Stock P/E 15.8
- Book Value ₹ 64.9
- Dividend Yield 0.00 %
- ROCE 31.7 %
- ROE 27.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 102% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 30.4 days to 89.2 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.
Peer comparison
Utilities Utilities Other Utilities Water Supply & Management
Part of BSE Utilities Nifty Microcap 250 Nifty Total Market BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 108 | 124 | 224 | 338 | 729 | 1,066 | 1,111 | |
| 98 | 110 | 174 | 256 | 562 | 798 | 815 | |
| Operating Profit | 10 | 15 | 50 | 82 | 166 | 268 | 296 |
| OPM % | 9% | 12% | 22% | 24% | 23% | 25% | 27% |
| 2 | 2 | 2 | 4 | 9 | 19 | 33 | |
| Interest | 3 | 4 | 4 | 8 | 23 | 37 | 32 |
| Depreciation | 1 | 1 | 2 | 2 | 6 | 9 | 19 |
| Profit before tax | 7 | 12 | 46 | 75 | 147 | 241 | 278 |
| Tax % | 27% | 26% | 25% | 26% | 28% | 26% | |
| 5 | 9 | 35 | 55 | 106 | 177 | 208 | |
| EPS in Rs | 21.35 | 35.29 | 141.60 | 21.46 | 7.92 | 10.04 | 11.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 68% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 102% |
| 3 Years: | 72% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 36% |
| Last Year: | 27% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 26 | 137 | 176 | 176 |
| Reserves | 26 | 35 | 69 | 101 | 155 | 819 | 963 |
| 26 | 30 | 17 | 65 | 234 | 234 | 295 | |
| 56 | 45 | 59 | 157 | 235 | 270 | 142 | |
| Total Liabilities | 111 | 112 | 148 | 348 | 761 | 1,498 | 1,575 |
| 8 | 8 | 10 | 18 | 47 | 70 | 213 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 9 | 52 |
| 103 | 104 | 137 | 329 | 713 | 1,419 | 1,307 | |
| Total Assets | 111 | 112 | 148 | 348 | 761 | 1,498 | 1,575 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -2 | 5 | 42 | 101 | -102 | -47 | |
| -1 | -3 | -26 | -141 | -106 | -263 | |
| 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% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 200 | 150 | 64 | 61 | 52 | 70 |
| Inventory Days | 14 | 24 | 34 | 20 | 32 | 28 |
| Days Payable | 292 | 249 | 145 | 197 | 146 | 112 |
| Cash Conversion Cycle | -78 | -75 | -46 | -117 | -62 | -13 |
| Working Capital Days | 22 | 44 | 34 | -22 | 24 | 89 |
| ROCE % | 25% | 64% | 59% | 47% | 32% |
Insights
In beta| Mar 2022 | Mar 2023 | Jun 2024 | Sep 2025 | |
|---|---|---|---|---|
| Number of Employees Number |
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| Order Book - EPC (Excluding O&M) INR Cr |
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| Bid Conversion Rate % |
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| Fresh Order Inflow (YTD) INR Cr |
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| Total Delivered Projects Number |
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| Cumulative Capacity Delivered (MLD) MLD |
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| Order Book - O&M INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Q4 FY26 monitoring report: IPO proceeds largely utilized; delay in FY25 object implementation, no deviation.
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Announcement Under Regulation - 30 - Update On Litigation/Dispute
6 May - Company wins ₹8.65 crore arbitral award against HSIIDC for Faridabad and Rohtak CETP projects.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1 May - Received LoA for Gujarat EPC and 10-year O&M contract worth ₹113.51 crore.
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 Apr
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Apr - Enviro Infra buys 51% of Suyog Urja for ₹111 crore; total ₹311 crore in three tranches.
Concalls
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Apr 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Dec 2024Transcript PPT REC
Business Profile:[1][2]
Enviro Infra Engineers specializes in designing, constructing, operating, and maintaining water and wastewater treatment projects (WWTPs) and water supply scheme projects (WSSPs) for government bodies. The company has expanded into renewable energy, including solar, BESS, and wind EPC, with an integrated platform across wastewater, solar, BESS, and wind.