New Delhi, April 1, 2025 – Engineers India Limited (EIL), a leading public sector engineering consultancy firm, has been awarded contracts worth approximately Rs. 245 crore by state-owned organizations in Maharashtra and West Bengal. The assignments, structured on a cost-plus basis, reinforce EIL’s expertise in infrastructure and industrial development projects.

The newly secured projects highlight EIL’s capability to execute large-scale consultancy assignments efficiently. These contracts mark another milestone for the company in expanding its footprint in the infrastructure sector, further cementing its reputation as a trusted consultancy and project management firm.

With extensive experience spanning multiple decades, EIL continues to play a pivotal role in national and international infrastructure development. The firm offers comprehensive engineering solutions, including project design, procurement assistance, and construction management, contributing to significant industrial advancements across various sectors.

On March 28, 2025, Engineers India Ltd’s stock opened at Rs. 158.30, reflecting a 0.25% rise from its previous close of Rs. 157.90. Throughout the trading session, the stock reached a high of Rs. 165.50, marking a 4.81% increase, while the lowest recorded price stood at Rs. 158.30. By the market’s close at 4:00 PM, EIL shares were trading at Rs. 160.50, a 1.65% gain, bringing the company’s market capitalization to Rs. 9,020.78 crore.

Despite recent fluctuations, the company’s long-term growth prospects remain strong, driven by new contracts and an expanding order book. Over the past week, EIL’s stock recorded a decline of 3.49%, with a broader downturn of 23.3% over the past six months and a 20.5% drop over the past year.

Beyond its domestic achievements, EIL has also strengthened its global footprint. As of March 1, 2025, the company secured two significant contracts worth Rs. 730 crore from Middle Eastern clients. These agreements involve project management consultancy (PMC) and engineering services, further establishing EIL’s expertise in handling international projects. With offices in key global locations such as Abu Dhabi, Kuala Lumpur, London, Milan, Shanghai, and Caracas, the company continues to expand its international reach, catering to diverse markets across the Middle East, Africa, South Asia, East Asia, and South America.

In its latest financial disclosure, Engineers India Ltd reported consolidated revenue of Rs. 765 crore for Q3 FY25, marking a 12% decline from Rs. 868 crore recorded in Q3 FY24. However, the company demonstrated significant profitability, posting a 73% increase in net profits, rising to Rs. 109 crore in Q3 FY25 from Rs. 63 crore in the same period last year. This robust financial performance underscores EIL’s ability to maintain profitability despite revenue fluctuations, driven by strategic project acquisitions and efficient cost management.

The recent contract wins from Maharashtra and West Bengal underline EIL’s commitment to supporting the nation’s infrastructure growth. These projects are expected to bolster the company’s order book while opening doors for further opportunities in the public and private sectors. With a strong project pipeline and expertise in diverse engineering domains, Engineers India Ltd remains well-positioned for sustainable growth in the coming years.

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