Engineers India reports strong Q2 FY26 earnings with record order book

EIL reported a strong performance for Q2 FY26, with turnover increasing to INR 900 crore from INR 676 crore in Q2 FY25. Profit before tax (PBT) surged by 50% to INR 150 crore, and Profit After Tax (PAT) grew by 45% to INR 115 crore. For the first half of FY26, turnover reached INR 1,757 crore, a 37% increase, while PBT and PAT rose by 40% and 38% respectively. The company’s order book hit an all-time high of INR 13,131 crore as of September 30, 2025, with order inflow for H1 FY26 at INR 3,765 crore.

Consultancy and engineering contributed INR 411 crore to turnover in Q2 FY26, with the turnkey segment adding INR 489 crore. The company aims for a 25% plus turnover growth for the full year, maintaining segment profit margins of around 25% for consultancy and 6-7% for LSTK business. International consultancy orders contributed approximately INR 1,600 crore to the current year's order inflow, with management anticipating further significant international projects.

The company addressed a temporary loss of INR 25 crore from the Ramagundam project due to a 45-day shutdown in Q2, but expects profitability in Q3 as operations have normalized. EIL holds investments in Ramagundam Fertilizers and Numaligarh Refinery, from which it expects to receive approximately INR 20 crore in dividends in the next quarter.