Engineers India Ltd

Engineers India Ltd

₹ 203 -1.60%
12 Dec 11:57 a.m.
About

EIL is a CPSU with majority ownership of the GoI operating under the administrative control of MoPNG.
EIL provides consultancy and engineering services and undertakes turnkey contracts, which includes complete range of project services right from project conceptualization, planning, design, engineering, procurement, construction and commissioning as per client’s requirement and specifications and providing post-execution services for maintenance and monitoring the operation of plant in various industries. [1]

Key Points

Business Activities[1]
The Co. operates in various industries such as petroleum refining, petrochemicals, pipelines, oil & gas, terminals & storages, mining & metallurgy, infrastructure, water and waste management, city gas distribution, power - thermal, solar, nuclear, gas-based fertilizer projects, coal-to-liquid (CTL) and steel.

  • Market Cap 11,421 Cr.
  • Current Price 203
  • High / Low 304 / 147
  • Stock P/E 30.8
  • Book Value 42.4
  • Dividend Yield 1.43 %
  • ROCE 22.2 %
  • ROE 20.8 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 69.1%

Cons

  • The company has delivered a poor sales growth of 5.79% over past five years.
  • Earnings include an other income of Rs.167 Cr.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
657 692 818 815 793 842 880 818 790 868 805 624 689
595 626 708 768 748 792 713 747 691 818 728 573 627
Operating Profit 62 67 110 47 45 50 167 71 99 50 77 51 62
OPM % 9% 10% 13% 6% 6% 6% 19% 9% 12% 6% 10% 8% 9%
25 39 43 28 65 26 45 94 44 30 51 39 47
Interest 0 0 0 0 0 0 0 1 0 1 1 1 1
Depreciation 5 8 5 5 7 7 7 8 8 8 11 10 10
Profit before tax 81 97 147 69 103 69 204 156 134 71 117 79 99
Tax % 30% 27% 17% 26% 17% 27% 23% 25% 24% 26% 23% 26% 22%
17 41 79 65 75 16 190 139 127 63 116 92 100
EPS in Rs 0.30 0.72 1.41 1.15 1.34 0.29 3.38 2.47 2.27 1.13 2.06 1.63 1.77
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,529 1,846 1,741 1,541 1,480 1,824 2,476 3,237 3,144 2,913 3,330 3,281 2,986
1,930 1,355 1,507 1,331 1,163 1,395 2,099 2,781 2,792 2,567 3,020 2,982 2,745
Operating Profit 599 491 234 210 316 429 377 455 352 346 310 299 241
OPM % 24% 27% 13% 14% 21% 24% 15% 14% 11% 12% 9% 9% 8%
312 229 265 247 222 176 222 255 34 130 164 219 167
Interest 1 1 2 2 5 2 3 4 6 3 3 5 3
Depreciation 11 15 20 25 23 24 22 24 24 24 26 35 39
Profit before tax 898 704 477 430 511 579 574 683 356 449 446 478 367
Tax % 30% 31% 34% 35% 35% 34% 35% 36% 27% 24% 23% 25%
632 483 313 278 330 383 368 424 249 140 346 445 370
EPS in Rs 9.38 7.16 4.64 4.13 4.90 6.07 5.83 6.71 4.43 2.48 6.16 7.92 6.59
Dividend Payout % 32% 45% 54% 48% 61% 66% 69% 77% 45% 121% 49% 38%
Compounded Sales Growth
10 Years: 6%
5 Years: 6%
3 Years: 1%
TTM: -10%
Compounded Profit Growth
10 Years: 0%
5 Years: 4%
3 Years: 10%
TTM: -22%
Stock Price CAGR
10 Years: 6%
5 Years: 15%
3 Years: 42%
1 Year: 30%
Return on Equity
10 Years: 14%
5 Years: 16%
3 Years: 16%
Last Year: 21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 168 168 168 168 337 316 316 316 281 281 281 281 281
Reserves 2,127 2,353 2,463 2,653 2,508 2,025 2,029 2,090 1,470 1,489 1,680 1,974 2,101
0 0 0 0 0 0 0 5 4 4 19 33 29
1,612 1,295 1,356 1,342 1,551 2,173 2,416 2,685 2,687 2,404 2,408 2,454 2,494
Total Liabilities 3,907 3,817 3,988 4,164 4,396 4,514 4,761 5,096 4,441 4,177 4,388 4,742 4,905
54 121 272 242 272 257 248 274 263 263 277 296 290
CWIP 136 132 19 24 56 52 52 3 1 7 26 36 43
Investments 647 732 138 75 533 242 315 461 1,324 1,088 1,179 1,389 1,438
3,071 2,832 3,559 3,822 3,535 3,963 4,146 4,359 2,853 2,821 2,906 3,021 3,135
Total Assets 3,907 3,817 3,988 4,164 4,396 4,514 4,761 5,096 4,441 4,177 4,388 4,742 4,905

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
342 85 65 88 236 599 549 376 171 48 -113 222
-66 167 174 70 197 165 -4 -229 776 61 322 145
-274 -256 -240 -162 -284 -892 -362 -334 -904 -149 -176 -180
Net Cash Flow 2 -4 -1 -4 150 -129 183 -188 43 -39 34 187

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 50 70 92 89 98 112 63 77 62 48 40 37
Inventory Days
Days Payable
Cash Conversion Cycle 50 70 92 89 98 112 63 77 62 48 40 37
Working Capital Days -100 -107 -100 -117 -164 -215 -198 -164 -186 -179 -124 -123
ROCE % 41% 28% 16% 16% 18% 22% 25% 29% 25% 25% 24% 22%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32% 51.32%
6.11% 6.74% 7.11% 7.58% 7.84% 7.96% 7.70% 7.88% 7.60% 7.01% 7.26% 7.31%
12.58% 13.05% 12.62% 13.08% 14.10% 15.81% 18.46% 17.18% 15.51% 13.60% 13.89% 11.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01%
29.99% 28.89% 28.95% 28.02% 26.74% 24.90% 22.51% 23.60% 25.54% 28.05% 27.51% 30.32%
No. of Shareholders 2,95,6162,92,1912,90,3542,82,6162,66,2672,58,3262,41,8202,75,9902,88,4613,85,9504,26,8244,68,671

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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