Engineers India (ENGINERSIN) Q3 24/25 earnings summary

Executive summary

• Q3 FY25 turnover was INR 750 crore, with consultancy at INR 407 crore and turnkey at INR 343 crore; consolidated PAT reached INR 109 crore, up 9% sequentially.

• Q3 FY25 total income was ₹7,872 million, with PAT of ₹881 million, and segment profit of ₹1,237 million.

• Unaudited standalone and consolidated results for Q3 FY25 were approved, with an interim dividend of ₹2 per share declared.

• Order book hit an all-time high of INR 11,353 crore as of December 31, 2024.

• Limited review reports from independent auditors confirm no material misstatements in the financial disclosures.

Financial highlights

• Operating profit for Q3 FY25 was INR 81 crore, up 73% from Q2 FY25; EBITDA was INR 128 crore, a 16% increase sequentially.

• Q3 FY25 consultancy turnover was ₹4,068 million, and turnkey turnover was ₹3,434 million.

• Standalone revenue from operations for Q3 FY25 was ₹75,016.17 lakhs, with net profit at ₹8,810.38 lakhs.

• EPS for Q3 FY25 stood at ₹1.57 (standalone) and ₹1.94 (consolidated).

• Other income declined to INR 37 crore from INR 53 crore sequentially.

Outlook and guidance

• Management expects to maintain or increase the current order book, with strong focus on new sectors and efficiency.

• Revenue recognition for large projects is expected to accelerate in FY26-27, with substantial growth anticipated.

• FY25 turnover guidance revised to INR 3,200–3,050 crore, pending finalization of change orders.

• Consultancy order intake of INR 4,000–5,000 crore is expected to be sustainable over the next 1–2 years.

• The company targets net zero by 2035 and continues to secure significant domestic and overseas orders.