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Prices as of 8 Oct 2026 close · Not investment advice

Engineers India Limited

NSE: ENGINERSINCivil Construction

Share price

₹289.00

-6.26% close of 8 Oct 2026

Market cap ₹16,242 CrP/E 20.7

Business score

How strong the business is, in one number. The parts behind it are in Pro.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹16,242 Cr

P/E ratio

20.7

P/B ratio

5.2

ROCE

30.4%

ROE

23.4%

Dividend yield

1.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹315.6552-week low ₹164.56

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 16.3% over the past year, and 6.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 9.5% to 18.5% over the last four years.

Whether it grew faster than its sector

It grew 6.7% a year against a sector median of 9.1% — 2.4 percentage points slower.

Room to re-rate, or risk of de-rating

At 20.7× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 28.3×, across 5 companies. It is against its own five-year median of 21.2×, the 46th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.8 times its growth rate, on earnings growth of 26%.

Profit growthPrice per ₹1 profitPer 1% growth
Engineers India Limited — this one26%/yr20.7×₹0.80
Larsen & Toubro17%/yr28.3×₹1.7
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹2.2

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Civil Construction), it ranks 10 of 89 on returns, 54 of 84 on growth, 21 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 30.4% on capital, ahead of 89% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹593 crore of cash from the business, spent ₹201 crore on plant and equipment, and returned ₹959 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 59 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 179 days before it paid its own suppliers to paid 60 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Profit more than doubled even as revenue fell 6%, leaving the growth target well behind

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹820 Cr

Revenue vs last year

-5.8%

Revenue vs last quarter

-11.5%

Net profit

₹158 Cr

Profit vs last year

+143.0%

Profit vs last quarter

-19.4%

Net margin

19.3%

EPS

₹2.81

Earnings call transcript · 14 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹16,242 Cr
Prev close
₹289.00
52w High
₹321
52w Low
₹164
Enterprise value
₹14,912 Cr
Beta
1.4
Price CAGR 1y
54.0%
Price CAGR 3y
31.0%
Price CAGR 5y
32.0%
Price CAGR 10y
9.0%

Ratios

Return on assets
11.8%
PEG ratio
0.8
P/E ratio
20.7
P/B ratio
5.2
EV / EBITDA
23.3
Industry P/E
15.6
ROCE
30.4%
ROCE 5y average
26.0%
ROE
23.4%
Debt / Equity
0.0
Interest coverage
179.8
Dividend yield
1.6%
ROE 3y average
23.0%
ROE last year
23.0%

Annual P&L

Annual revenue
₹3,928 Cr
Annual profit
₹692 Cr
Operating margin
18.0%
Net profit margin
17.6%
EBITDA margin
17.8%
Sales growth 3y
5.7%
Sales growth 5y
4.6%
Profit growth 3y
26.0%
Profit growth 5y
15.0%
EPS
₹12.3
Sales growth TTM
16.0%
Profit growth TTM
42.0%
Dividend payout
41.0%

Quarter P&L

Sales latest quarter
₹820 Cr
Profit latest quarter
₹158 Cr
YoY quarterly sales growth
-5.8%
YoY quarterly profit growth
143.1%
OPM latest quarter
15.4%

Balance Sheet

Book Value
₹56.0
Face Value
₹5.0
Total debt
₹17 Cr
Total cash
₹1,364 Cr
Borrowings
₹17 Cr
Reserves / Equity
10.2

Cash Flow

Operating cash flow
₹319 Cr
Free cash flow
₹252 Cr
FCF yield
1.5%
Net cash flow
-₹51 Cr

Shareholding

Promoter holding
51.3%
FII holding
9.2%
DII holding
14.2%
Public holding
25.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,701.5028.95,09,2881.034,988.014.067,941.76.714.6
Rail Vikas195.8745.440,8390.87159.518.54,321.210.610.8
Kalpataru Proj.1,458.4022.424,9050.75311.545.16,408.03.818.3
IRB Infra.Devl.17.4421.421,0640.89306.351.32,137.31.87.5
NBCC76.7430.320,7201.30158.017.22,259.5-5.529.3
Cemindia Project1,137.8032.519,5460.26140.82.62,720.95.632.8
Engineers India308.3022.117,3281.62157.9141.5819.8-5.830.4
Median129.8116.26370.0010.617.7171.911.015.5

Competes with: A B Infrabuild Limited, A2Z Infra Engineering Limited, ATLANTAA LIMITED, Afcons Infrastructure Limited, Ahluwalia Contracts (India) Limited, Akash Infra-Projects Limited, Annu Projects Limited, Ashoka Buildcon Limited, B. L. Kashyap and Sons Limited, BCPL Railway Infrastructure Limited, Banka BioLoo Limited, Bharat Road Network Limited, Brahmaputra Infrastructure Limited, Capacit'e Infraprojects Limited, Ceigall India Limited, Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Deepak Builders & Engineers India Limited, Dilip Buildcon Limited, G R Infraprojects Limited, GK Energy Limited, GPT Infraprojects Limited, Garuda Construction and Engineering Limited, Gayatri Projects Limited, Globe Civil Projects Limited, H.G. Infra Engineering Limited, HEC Infra Projects Limited, Hazoor Multi Projects Limited, Hindustan Construction Company Limited, IRB Infrastructure Developers Limited, Indian Hume Pipe Company Limited, Interarch Building Solutions Limited, Ircon International Limited, Isgec Heavy Engineering Limited, J.Kumar Infraprojects Limited, KEC International Limited, KNR Constructions Limited, Kalpataru Projects International Limited, Kridhan Infra Limited, LCC Projects Limited, Larsen & Toubro, Likhitha Infrastructure Limited, M & B Engineering Limited, MBL Infrastructure Limited, Madhav Infra Projects Limited, Madhucon Projects Limited, Markolines Pavement Technologies Limited, Mold-Tek Technologies Limited, NBCC (India) Limited, NCC Limited, Navkar Urbanstructure Limited, Niraj Cement Structurals Limited, OM INFRA LIMITED, Om Power Transmission Limited, PNC Infratech Limited, PSP Projects Limited, Patel Engineering Limited, Power Mech Projects Limited, R.P.P. Infra Projects Limited, RITES Limited, RKEC Projects Limited, Rail Vikas Nigam Limited, Ramky Infrastructure Limited, Rudrabhishek Enterprises Limited, SAB Industries Limited, SEPC Limited, SPML Infra Limited, SRM Contractors Limited, Sadbhav Engineering Limited, Sadbhav Infrastructure Project Limited, Semac Construction Limited, Simplex Infrastructures Limited, Solarworld Energy Solutions Limited, Sterling and Wilson Renewable Energy Limited, Supreme Infrastructure India Limited, Swastika Infra Limited, Tarmat Limited, Teamo Productions HQ Limited, Techno Electric & Engineering Company Limited, Twamev Construction and Infrastructure Limited, Udayshivakumar Infra Limited, Univastu India Limited, Vikran Engineering Limited, Vindhya Telelinks Limited, Vishnu Prakash R Punglia Limited, Viviana Power Tech Limited, W S Industries (I) Limited, Welspun Enterprises Limited, Zodiac Energy Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8187908688056246897651,0108709211,210926820
Expenses747691818728573627667709798802858774693
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost276251267282261264
Other Expenses434548535576513429
Operating Profit7199507751629830172120352152126
OPM %8.68125.779.628.189.0613308.2813291615
Other Income9444305139473874363710110181
Exceptional items (within Other Income)000000
Interest1011111011101
Depreciation88811101010111110101110
Profit before tax15613471117799912636497146442242197
Tax %25242623262225232525211920
Net Profit13912763116921001092806583347196158
EPS in Rs2.472.271.132.061.631.771.934.981.161.496.183.482.81
Diluted EPS in Rs4.981.161.496.183.472.81

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,7411,5411,4801,8242,4763,2373,1442,9133,3303,2813,0883,9283,878
Expenses1,5071,3311,1631,3952,0992,7812,7922,5673,0202,9822,5733,2293,127
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost1,0241,060
Other Expenses1,5512,172
Operating Profit234210316429377455352346310299514699750
OPM %131421241514111299171819
Other Income26524722217622225534130164219268242320
Exceptional items (within Other Income)00
Interest2252346335552
Depreciation20252324222424242635404241
Profit before tax4774305115795746833564494464787388941,027
Tax %343535343536272423252123
Net Profit313278330383368424249140346445580692784
EPS in Rs4.644.134.906.075.836.714.432.486.167.92101214
Diluted EPS in Rs1012
Dividend Payout %5448616669774512149383941

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
10%
5 years
5%
3 years
6%
TTM
16%

Compounded profit growth

10 years
9%
5 years
15%
3 years
26%
TTM
42%

Stock price CAGR

10 years
9%
5 years
32%
3 years
31%
1 year
54%

Return on equity

10 years
17%
5 years
19%
3 years
23%
Last year
23%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital168168337316316316281281281281281281
Reserves2,4632,6532,5082,0252,0292,0901,4701,4891,6801,9652,3882,865
Borrowings0000054419332217
Other Liabilities1,3561,3421,5512,1732,4162,6852,6872,4042,4082,4542,5742,707
Minority Interest00
Total Liabilities3,9884,1644,3964,5144,7615,0964,4414,1774,3884,7335,2655,869
Fixed Assets272242272257248274263263279298295338
CWIP192456525231726364631
Investments138755332423154611,3241,0881,1791,3801,3951,606
Other Assets3,5593,8223,5353,9634,1464,3592,8532,8212,9053,0203,5303,895
Total Assets3,9884,1644,3964,5144,7615,0964,4414,1774,3884,7335,2655,869

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity658823659954937617148-113222117319
Cash from Investing Activity17470197165-4-22977661322145-44-101
Cash from Financing Activity-240-162-284-892-362-334-904-149-176-180-185-269
Net Cash Flow-1-4150-129183-18843-3934187-112-51
Free Cash Flow28823757051735816023-14718876252

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9289981126377624840375345
Inventory Days0
Days Payable502
Cash Conversion Cycle9289981126377624840375345
Working Capital Days-100-117-164-215-198-164-186-179-125-124-101-60
ROCE %161618222529252524222930

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters515151515151515151515151
FIIs7.887.607.017.267.316.896.757.1377.749.669.17
DIIs171614141111111414131214
Government000.010.010.010.010.010.040.040.040.040.04
Public242628283031312728282725
No. of Shareholders2,75,9902,88,4613,85,9504,26,8244,68,6714,81,4134,85,2254,32,3814,39,8834,35,4814,21,5643,90,132

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +42.8% (₹202.43 → ₹289.00)Brick size ₹13.59 (fixed)Bricks 19
₹200₹250₹289Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹289.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

order book, Rs crore

14,424inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,40,14,756inr

2026-03-31

News

News and filings about Engineers India Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction
Industry
Civil Construction
Classification
Construction › Civil Construction
ISIN
INE510A01028

Business segments

  • Turnkey Projects · 53%
  • Consultancy & Engineering Projects · 47%

News impact

Big market events that reach Engineers India Limited, and how the effect spreads.

Who it hits first

  • Power Mech Projects Limited won a Rs 279.20 crore three-year upkeep (O&M, or operations and maintenance) contract from Telangana Power Generation Corporation for YTPS.
  • The job covers ash and coal handling plants across five 800 MW units, adding to Rs 3,113 crore FY27 inflows and a Rs 17,317 crore order book.
  • Shares gained 3% as the recurring work lifts revenue visibility for the construction firm.

Who may gain

  • Power Mech Projects Limited, a construction firm for power work, as it bills the Rs 279.20 crore upkeep deal over three years.
  • Telangana Power Generation Corporation, the state power producer, as expert handling keeps its five 800 MW units running.
  • Workers and local vendors at YTPS, as three years of handling work sustains site jobs and supplies.

Along the supply chain

Downstream

Downstream, Telangana Power Generation Corporation, the power producer buyer, receives steady handling service for its YTPS units over three years.

Upstream

Upstream, the pack lists no suppliers to Power Mech, so no vendor gets a direct lift; spares and manpower will be sourced as the job runs.

Where demand moves

Business

TGGENCO pays Power Mech for running ash and coal handling, so Power Mech hires crews and buys spares while the plant stays online.

Capital

Investors lift Power Mech 3% on the recurring win, while rival contractors without new orders stay flat.

How it spreads across sectors

Construction

A Rs 279.20 crore recurring win shows power O&M outsourcing is steady, aiding sentiment for builders.

Power

Generators like TGGENCO secure reliable plant running, supporting steady power supply.

When it plays out

Immediate

Power Mech holds its 3% gain as the market digests the Rs 279.20 crore three-year award this week.

Medium term

Steady quarterly billing over three years; tight execution and cost control decide margins.

Short term

Crews and systems mobilise at YTPS while billing starts on the handling contract.

Who it hits first

  • Kalpataru Projects International, which builds transmission lines and infrastructure, rose 2.5% on September 28 after its Swedish unit Linjemontage i Grastorp listed on Nasdaq Stockholm at SEK 46.
  • Kalpataru keeps about 65.9% of the listed unit, so the listing puts a public price on a holding that was hard to value before.
  • The gain came despite a wider market sell-off, showing the listing news outweighed weak sentiment that day.

Who may gain

  • Kalpataru Projects International shareholders, who now see a market value for the kept 65.9% stake in the Swedish grid builder.
  • Linjemontage i Grastorp, the Swedish grid contractor, which gains its own listed shares and easier access to Swedish capital.
  • No rival builder gains work from this listing — the benefit stays with the owner of the stake.

Along the supply chain

Downstream

No change for buyers — grid owners such as Power Grid and GAIL buy finished lines, not shares, so their costs and timelines are untouched.

Upstream

No extra pull for suppliers — pipe and cable makers such as Welspun Corp, which supplies Kalpataru, see no new orders from a share listing.

Where demand moves

Business

No new building work changes hands — selling existing shares in Linjemontage at SEK 46 does not create transmission-line orders for Kalpataru or any rival.

Capital

Money flows toward Kalpataru as investors pay up for the newly priced 65.9% stake, while the Swedish unit collects its IPO funds in Stockholm for future grid work.

How it spreads across sectors

Capital Goods

No real lift for equipment and cable makers, since a single owner's stake listing creates no extra demand.

Construction

Mild positive mood as one builder shows a hidden asset can be priced, but no new orders spread to peers.

When it plays out

Immediate

Kalpataru shares hold the 2.5% listing pop over 1-7 days while traders compare the SEK 46 price to the kept 65.9% stake.

Medium term

Over 1-6 months value depends on the Swedish unit's grid orders and Kalpataru's debt and delivery, not the listing day.

Short term

Over 1-4 weeks focus shifts to whether the Swedish shares hold above SEK 46 and how Kalpataru uses any proceeds.

Who it hits first

  • Kalpataru Projects International, a construction and engineering builder, won a Rs 4,000-crore-plus gas pipeline building contract in the UAE.
  • Despite the win, Kalpataru Projects shares slipped 1.14% to Rs 1,375.30 from Rs 1,391.20, showing a cool first reaction.
  • The job adds large overseas backlog and multi-month execution work for Kalpataru Projects and its site suppliers.

Who may gain

  • Kalpataru Projects International, the construction and pipeline builder, gains backlog and revenue visibility
  • Pipe, cable and material suppliers to pipeline work see possible follow-on orders
  • UAE gas network owners gain delivery capacity for the pipeline stretch

Along the supply chain

Downstream

Downstream, the UAE gas system and its users gain pipeline capacity once built; Indian customers named in the graph such as GAIL India, Indian Oil and Power Grid gain no direct volumes from this UAE job.

Upstream

Upstream, pipe, steel, cable and engineering suppliers such as Welspun Corp, a large pipe maker, could see enquiries if Kalpataru Projects buys pipes and materials for the UAE pipeline stretch.

Where demand moves

Business

Kalpataru Projects receives direct business demand through a Rs 4,000-crore-plus UAE gas pipeline building job, adding multi-month site work, equipment hiring and subcontracting.

Capital

Investors reprice order-book visibility for Kalpataru Projects, while rivals get only light sentiment buying since no money or contract flows to them.

How it spreads across sectors

Construction

Order-book sentiment firms as a large overseas pipeline win shows demand for Indian builders, but only the winner books work.

Oil, Gas & Consumable Fuels

A new gas pipeline stretch supports gas movement and contractor demand, with no direct fuel-price change for Indian gas sellers.

When it plays out

Immediate

In 1-7 days Kalpataru Projects trades on order-book cheer against the weak 1.14% first reaction and margin questions.

Medium term

In 1-6 months progress depends on mobilisation, permits, pipe buying and execution updates from the UAE site.

Short term

In 1-4 weeks focus shifts to contract details, margin, payment terms and any supplier orders linked to the job.

Who it hits first

  • Kalpataru Projects International (KPIL), a power-line and civil builder, listed its Swedish unit Linjemontage on Nasdaq Stockholm.
  • KPIL says it is the first Indian firm to list a foreign subsidiary in Sweden, giving the unit a visible market price.
  • No sale size, price, or cash raised was disclosed, so the parent's gain is value recognition rather than fresh money.

Who may gain

  • KPIL shareholders may see the hidden value of the Swedish unit reflected in the parent's price.
  • Linjemontage gains its own listing status, easing future fundraising in Sweden.
  • Rival builders, pipe suppliers, and rail buyers named in the pack gain no orders from this listing.

Along the supply chain

Downstream

No customer tariff or contract changes follow; rail and power buyers such as RVNL continue existing terms untouched.

Upstream

No new pipes, cables, or steel are ordered by a share listing, so Welspun Corp and other named suppliers see no volume change.

Where demand moves

Business

No project or supply order flows from a listing; the business effect is nil beyond Linjemontage's own standing in Sweden.

Capital

Capital may rotate mildly toward KPIL on value-unlocking hopes, while rivals see no reason for fresh buying.

How it spreads across sectors

Construction

Mild pride for Indian builders going global, but no orders move, so peers stay flat.

Infrastructure

No effect — the listing is a single firm's capital event with no project pipeline behind it.

When it plays out

Immediate

1-7 days: KPIL trades on listing cheer; watch the Linjemontage debut price in Stockholm.

Medium term

1-6 months: any follow-on share sale or Swedish fundraising shows whether the listing brings real cash.

Short term

1-4 weeks: analysts add the listed unit's value to KPIL targets if the debut holds.

Who it hits first

  • Engineers India, the oil-and-gas engineering consultant, won a $450M+ order from Dangote Group for a Kenya refinery.
  • The win lifts EIL order backlog and fee visibility for several quarters, supporting its shares first.
  • Rival builders gain only mood, not money, since Dangote hired EIL alone.

Who may gain

  • Engineers India shareholders, as a large overseas refinery fee lands in its order backlog.
  • EIL equipment and site-service suppliers, if pipes, cables, and erection work get sourced from India.
  • Indian EPC sentiment broadly, as a $450M Africa win shows export refinery demand is alive.

Along the supply chain

Downstream

Dangote's Kenya refinery, once built, lifts East Africa fuel output and trims import needs, helping regional fuel security rather than any listed Indian fuel seller directly.

Upstream

Makers of boilers, transformers, cables, pipes, and pumps that sell to EIL could see sub-orders as the Kenya refinery is built; those supplier names sit outside the ranked pool with no fundamentals rows here.

Where demand moves

Business

Dangote pays Engineers India for refinery engineering and site management; EIL in turn buys equipment, pipes, and site services, pushing work to its supply chain.

Capital

Investors re-rate Engineers India on backlog growth and lightly bid up close consultancy peers like NBCC and RITES on win sentiment.

How it spreads across sectors

Capital Goods

EPC win sentiment lifts order-book hopes for refinery-adjacent contractors, though only EIL books revenue.

Chemicals

Refinery-linked chemical makers see no direct flow; any lift is broad energy-capex mood only.

Oil, Gas & Consumable Fuels

A new Kenya refinery adds future East Africa fuel supply, neutral for Indian refiners with no stake.

Power

No power-plant link; power names move only if infra sentiment spills over.

A pattern seen before

Cascade chain

Pattern name

Crude Oil Cascade

Patterns

  • Crude Oil Cascade

Sectors queried

  • Cement
  • Chemicals
  • FMCG
  • Power

When it plays out

Immediate

EIL shares react to the $450M+ win headline; peers drift on sentiment within days.

Medium term

EIL books fee revenue as Kenya engineering progresses; suppliers feel sub-orders if EIL sources from India.

Short term

Analysts size the backlog and margin; EIL holds gains if order details confirm, peers fade without own wins.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

24 Sep 2026unspecified₹2.5
6 Mar 2026interim₹1.5
4 Dec 2025interim₹1
29 Aug 2025unspecified₹2
14 Feb 2025interim₹2
21 Aug 2024unspecified₹1
12 Feb 2024interim₹2
25 Aug 2023unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 13 rows from NSE's archive (replace 5, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
1 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY41,84,283₹282.05
1 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL41,84,283₹282.19

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.