Engineers India Soars: Record Order Book, Overseas Surge Drive Growth
C
CNBC TV1821-01-2026, 11:48

Engineers India Soars: Record Order Book, Overseas Surge Drive Growth

  • Engineers India (EIL) is entering a significant growth phase, driven by a record order book and expanding international business.
  • The company secured its largest-ever overseas order, valued at approximately $360 million, from Nigeria's Dangote Group for a mega refinery expansion.
  • International business now accounts for 65% of fresh order inflows in the current fiscal year, compared to 35% from India, shifting EIL's growth drivers.
  • EIL's total order book has reached an all-time high of nearly ₹15,800 crore, with about 40% originating from international projects.
  • Management expects to marginally exceed its 25% year-on-year revenue growth guidance, with healthy operating margins supported by a better project mix and high-value consultancy work.

Why It Matters: Engineers India is poised for significant growth, fueled by a record order book and surging international project wins.

More like this

Loading more articles...