EIL seeks for 15%-20% rise in order book turnover in FY25-26

State-owned Engineers India Ltd during an earning call announces that it seeks to expect a rise of 15 to 20% rise in turnover of this financial year.

The company stated that now it is the first time the order book has crossed the barrier of Rs 10,000 crores. Now it is Rs 11,700 crores, and that company will continue with this kind of order book. And definitely with this order book with the project execution, the turnovers will continue to rise.

And the PSU firm is expecting at least 15% to 20% jump in the turnover of this year. But again, this depend upon the how the project execution goes, it added.

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The company’s order book from foreign consultancy is Rs 2,000 crores and from non- around 30%, 35% is from the non-oil and gas segment. The major contributors are from chemicals, have non-ferrous metallurgy, power, clean energy.

In terms of the profit of JV, Ramagundam Fertilizers and Chemicals Limited, which is engaged in the manufacturing of urea, ammonia and the share for the profit is 26% which is Rs 107 crores. That is included in the bottom on consolidated basis.

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Order inflow in EIL has increased significantly to Rs 8,214 crores in financial year 24-25 as compared to the order inflow of Rs 3,400 crores in financial year FY24.

In the stand-alone information in the fourth quarter, the company has achieved a turnover of Rs 991 crores in comparison to Rs 750 crores in quarter ended 31st December 2024, showing an increase of around 32% on quarter-on-quarter basis, which are not from consultancy and engineering segment amounting to Rs 522 crores and Rs 449 crores in Turnkey segment.

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