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Earnings Call

Enviro Infra Engineers Earnings Call: Key Takeaways

Enviro Infra reported Q4 revenue of ₹4,273 million and FY26 revenue of ₹11,456 million. The company is pivoting from pure wastewater treatment to a broader environmental platform including renewable energy and BESS.

Why this was an Alfa AlertManagement explicitly guides FY27 revenue of ₹2,000 crore against FY26 revenue of ₹1,145 crore, representing ~75% YoY growth for the next single year.
Highlights
Revenue growthFY26 growth 7.5%; guided FY27 growth ~75% to ₹2,000 crore.
MarginsEBITDA margins 24.2% for FY26; FY27 guidance lowered to 21-22%.
Order bookSurged to ₹6,814 crore; includes wastewater, renewables, and O&M.
Demand visibilityStrong; total order book of ₹6,814 crore providing 24-month visibility.
Management confidenceHigh confidence in ₹2,000cr FY27 target based on ₹4,800cr execution orderbook.

Growth

FY26 revenue grew 7.5% YoY; PAT stood at ₹1,884 million. Q4 revenue grew 8.8% YoY.

Outlook

FY27 revenue guidance of ₹2,000 crore (75% growth) with PAT of ₹270-280 crore. Order book at ₹6,814 crore.

Risks

Execution delays due to elongated bid processes and working capital stretch to 166 days from delayed government funds.

Last quarter's promises, checked

Delivered

  • Guided FY26 PAT ₹230-250cr → delivered ₹1,884m (= MISS)
  • Guided EBITDA margin 22-24% → delivered 24.2% (= BEAT)
  • Guided OCF turning positive → delivered OCF positive (= BEAT)

Partly delivered

  • Guided Working Capital 90-100 days → delivered 166 days (= MISS)

Missed

  • Guided FY26 Revenue ₹1,350cr → delivered ₹1,145.6cr (= MISS)
  • Guided Renewable Revenue ₹200cr → delivered ~₹12-13cr (= MISS)
  • Guided FY26 Order Inflow ₹2,500cr → delivered ~₹1,500cr (= MISS)
Source

Earnings Call filed with BSE, NSE: EIEL. Summary written with AI assistance from the document.

Read the document ↗

Enviro Infra Engineers Ltd: key numbers

Share price
₹198.85
Market cap
₹3,490 Cr
Revenue (annual)
₹1,146 Cr
Net profit (annual)
₹182.9 Cr
P/E (TTM)
19.0×Sector 25.1×
Promoter holding
70.19%+0.00% QoQ
FII holding
0.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:07 IST NSE
Annual General Meeting

Enviro Infra Engineers Annual General Meeting

Enviro Infra Engineers Limited held its 16th Annual General Meeting on September 16, 2026. The meeting discussed and considered all agenda items listed in the notice.

17:59 IST NSE
New Order Win

Enviro Infra Engineers Bags ₹224.2 Cr Order from Tata Power Renewable Energy Limited

Enviro Infra Engineers' subsidiary received a ₹224.19 Crore LOI from Tata Power Renewable Energy for a 180 MW wind EPC project. This contract strengthens its renewable energy presence.

Value
₹224.2 Cr
From
Tata Power Renewable Energy Limited
Execution
by 31st March 2027
wind power project
180.0 MW
16:17 IST NSE
New Order Win

Enviro Infra Engineers Bags ₹190 Cr Order from TATA POWER RENEWABLE ENERGY LIMITED

Enviro Infra Engineers Limited's subsidiary won a Rs.189.99 Crore EPC contract from Tata Power Renewable Energy for a 180 MW wind project.

Value
₹190.0 Cr
From
TATA POWER RENEWABLE ENERGY LIMITED
Execution
By 31st March, 2027
wind power project capacity
180.0 MW
15:01 IST BSE
Promoter Buying

Enviro Infra Engineers Promoter Buying: ₹1.2 Cr

Promoter Manish Jain acquired 62,529 shares of Enviro Infra Engineers Ltd via open market purchases for a total consideration of ₹1.20 Crore.

Value
₹1.20 Cr
Promoter stake change
+0.04%
16:59 IST BSE
Promoter Buying

Enviro Infra Engineers Promoter Buying: ₹0.15 Cr

Promoter and Director Manish Jain acquired 7,471 equity shares of Enviro Infra Engineers Ltd via open market purchase. The transaction value is approximately Rs. 0.15 Crore.

Value
₹0.15 Cr