Engineers India (ENGINERSIN) Q4 24/25 earnings summary

Executive summary

• Achieved record order book of INR 117,173 million as of March 31, 2025, up from INR 78,230 million last year, with order inflow rising to INR 82,140 million from INR 34,000 million year-over-year.

• PAT for FY25 was the highest in a decade at INR 4,652 million, up 30% year-over-year; consolidated profit rose to INR 5,797.71 million from INR 4,452.58 million.

• International business grew, with foreign turnover up 32% to INR 3,710 million, mainly from UAE, Nigeria, and Kuwait.

• Over 8,000 assignments completed, including 700 major projects, with a diversified client base and international footprint in the Middle East, Africa, Asia, and South America.

• Final dividend of ₹2 per share recommended, in addition to interim dividend of ₹2 per share, subject to shareholder approval.

Financial highlights

• Consolidated total income for FY25 was INR 31,980 million, down from INR 34,568 million in FY24.

• Q4 FY25 turnover was INR 9,910 million, up 32% sequentially; consultancy contributed INR 5,420 million, franchise INR 4,490 million.

• EBITDA for FY25 was INR 5,123 million, up from INR 3,083 million in FY24, with EBITDA margin at 16%.

• EPS improved to INR 8.28 from INR 6.35 year-over-year; consolidated EPS was INR 10.32, up from INR 7.92.

• Dividend payout maintained at 60% of PAT, with gross dividend of INR 1,686 million.

Outlook and guidance

• Management targets 15-20% revenue growth for FY26, supported by a robust order book and new project execution.

• Order inflow for FY26 expected to sustain or exceed FY25 levels, with INR 13,000 million already booked in the first two months.

• Focus on expanding international business, especially in the Middle East, with new office in Saudi Arabia and continued growth in Abu Dhabi.

• Strategic focus remains on energy transition, green technologies, and international expansion, supported by major new contracts and industry tailwinds.