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Engineers India surges as Q2 net profit jumps 136% YoY

02-Nov-2026 | 09:48
Engineers India surged 11.36% to Rs 280.45 after the company reported a 135.57% year-on-year increase in consolidated net profit to Rs 196.68 crore in Q2 FY27.
Sequentially, net profit rose 24.53% from Rs 157.94 crore in Q1 FY27.

Consolidated net sales declined 10.54% year on year to Rs 824.20 crore from Rs 921.29 crore. However, revenue increased 0.53% quarter on quarter from Rs 819.84 crore in Q1 FY27.

Profit before tax stood at Rs 248.87 crore in Q2 FY27, up 26.44% vs previous quarter and 106.79% vs year-ago quarter.

Total expenditure declined 18.47% year on year to Rs 661.75 crore from Rs 811.68 crore. Employee expenses increased 5.32% to Rs 280.70 crore, while interest costs declined 54.55% to Rs 0.25 crore. Depreciation and amortisation increased 2.57% to Rs 10.39 crore.

Other income increased 78.33% year on year to Rs 65.75 crore from Rs 36.87 crore.

Consolidated net cash generated from operating activities stood at Rs 624.32 crore, compared with Rs 47.59 crore in the corresponding period last year.

On a standalone basis, the company secured total business worth Rs 6,914.70 crore during Q2 FY27, comprising domestic consultancy orders of Rs 201.40 crore, overseas consultancy orders of Rs 5,193.30 crore and turnkey orders of Rs 1,520 crore. Total business secured during H1 FY27 stood at Rs 7,428.30 crore.

The total order book stood at Rs 20,420.50 crore as of 30 September 2026, compared with Rs 14,424.20 crore as of 30 June 2026. Consultancy orders accounted for 75% of the order book, while turnkey projects contributed 25%.

Engineers India is a public sector industrial technology, engineering consultancy and technology licensing company. The Government of India held 51.32% stake in the company.

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