# Engineers India (ENGINERSIN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/enginersin

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹292.5
- Change: -2.01%
- As of: 2026-11-06
- 1D return: -2.01%
- 5D return: +16.14%
- 1M return: +1.21%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

ENGINERSIN (₹292.50) exhibits a strong daily uptrend, trading above all key moving averages and the Supertrend indicator. The ADX of 28.22 confirms established trend strength on the daily chart, supported by a +13.5% volume-weighted price anomaly on November 2, 2026. However, the weekly structure shows conflicting signals: while price remains above major MAs, the weekly Supertrend is bearish and the weekly ADX (18.95) indicates weak trend conviction. Monthly trends remain bullish with an ADX of 37.87. The stock is positioned near the upper end of its 20-day (+77.4%) and 252-day (+81.7%) ranges, suggesting limited immediate upside before encountering resistance at ₹293.67 (0.40% above). A recent Harami pattern on November 3 suggests short-term consolidation. Risk is elevated with annualized volatility at +44.3% and a current drawdown of -7.3%.

- Daily trend is established (ADX 28.22) with price above all MAs and Supertrend; Weekly Supertrend remains bearish despite price above MAs.
- Nearest resistance at ₹293.67 (+0.40%); Support levels at ₹288.83 (-1.25%) and ₹281.27 (-3.84%).
- High volatility environment (+44.3% annualized) with current drawdown of -7.3%; Price in top 20% of 252-day range.
- Confirmation requires holding above ₹288.83; Invalidation signaled by a close below the weekly Supertrend or breaking ₹281.27.

- Harami
- Bearish Engulfing Reversal
- Inside Bar

### News Context

Engineers India reported a 56% year-on-year increase in Q2 FY27 net profit to ₹180 crore, driven by expanded EBITDA margins of 27% (up from 19% in the preceding quarter). The company secured fresh orders worth ₹7,428 crore in the first half of FY27, pushing its total order book to a record ₹20,421 crore as of September 30. Following these results, shares surged 15% to a two-week high, contributing to a 44% gain for 2026.

Brokerage Angel One included Engineers India in its Diwali 2026 'Shagun Ke Shares' list, citing drivers such as sustained earnings compounding and expansion into higher-margin segments. Separately, brokerages upgraded Engineers India to an 'Accumulate' rating with a target price of ₹338 following the September quarter results. While the strong order pipeline highlights business momentum, analysts note that timely execution remains crucial for converting this backlog into sustained revenue growth.

- Q2 FY27 Net Profit: Increased 56% year-on-year to ₹180 crore, with EBITDA margins expanding to 27% from 19% in the prior quarter.
- Record Order Book: Total orders reached ₹20,421 crore as of September 30, supported by ₹7,428 crore in fresh orders secured in H1 FY27.
- Market Reaction: Shares rose 15% post-results to a two-week high, marking a 44% YTD gain through November 2026.
- Analyst Views: Brokerages upgraded the stock to 'Accumulate' with a ₹338 target; Angel One cited earnings compounding and margin expansion in its Diwali picks.

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- [Engineers India, GAIL, Zensar, Motherson Sumi Wiring, Delhivery shares: Target prices](https://www.businesstoday.in/markets/stocks/story/engineers-india-gail-zensar-motherson-sumi-wiring-delhivery-shares-target-prices-565274-2026-11-03)
- [Multibagger Engineers India shares jump 15% to 2-week high after Q2 results; stock gains 44% in 2026](https://www.livemint.com/market/stock-market-news/multibagger-engineers-india-shares-jump-15-to-2-week-high-after-q2-results-stock-gains-44-in-2026-11793622662037.html)
- [Engineers India shares jump 15% after Q2, order book hits record high; stock up 35% in 2026 | Is more upside ahead?](https://www.livemint.com/market/stock-market-news/engineers-india-shares-jump-15-after-q2-order-book-hits-record-high-stock-up-35-in-2026-is-more-upside-ahead-11793603116944.html)

### Official Filings

Engineers India Limited (ENGINERSIN) has declared an interim dividend of ₹1.50 per share, with a record date of November 5, 2026. This payout follows strong operational performance reported in the Q2 FY2026-27 earnings transcript, where the company achieved an all-time high order book of ₹20,421 crores and expanded margins through a shift toward higher-margin consultancy services. Additionally, the company announced a strategic entry into the maritime sector by securing a mandate to develop Indian Standards for Offshore Safety Training and Certification.

- Interim Dividend: Declared at ₹1.50 per share; Record Date is November 5, 2026.
- Order Book Growth: Standalone order book reached ₹20,421 crores as of September 30, 2026, up from ₹14,424 crores in June 2026.
- Margin Expansion: H1 FY27 turnover mix shifted to 68% consultancy services (vs 47% in H1 FY26), driving improved profitability with Q2 standalone PAT at ₹180 crores.
- New Sector Entry: Awarded consultancy services for developing Indian Standards for Offshore Safety Training and Certification, marking entry into the maritime sector.

- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Engineers India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172507_a717ec13-0e60-4e83-86f8-c9e671be9cf7.pdf)
- [Engineers India Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "EIL Forays into Maritime sector". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172729_43aa8843-5f98-424a-9f82-3cee56ba8a64.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Fundamentals

Engineers India delivered a strong Q2 FY2026-27, with Net Profit rising to ₹197 crore from ₹158 crore in Q1, driven by a sequential increase in Revenue From Operations to ₹824 crore and a sharp drop in Expenses to ₹662 crore. Finance Costs halved to ₹25.3 lakh, supporting an Operating Profit of ₹228 crore and EPS growth to ₹3.5 per share. Over the trailing twelve months (TTM), Sales reached ₹3,781 crore with a 6% compounded growth rate, while Net Profit surged 67% TTM to ₹897 crore. The balance sheet shows robust health: Borrowings fell to ₹16 crore as of Sep 2026, and Cash from Operating Activity jumped to ₹319 crore for Mar 2026, up from ₹117 crore previously. ROCE improved to 30%, and Working Capital Days narrowed significantly to -60 days. Promoter holding remained stable at 51.32%, while DIIs increased their stake to 16.61%. CWIP rose to ₹47 crore, indicating ongoing capital expenditure.

- Q2 FY2026-27 Net Profit grew 25% sequentially to ₹197 crore, with EPS rising to ₹3.5 per share.
- TTM Net Profit surged 67% to ₹897 crore on ₹3,781 crore sales, reflecting strong earnings quality.
- Balance sheet strengthened: Borrowings dropped to ₹16 crore, CFO hit ₹319 crore, and ROCE reached 30%.

### Bull Case

Engineers India presents a constructive case anchored by robust operational momentum and improving profitability metrics. The company reported a 56% year-on-year surge in Q2 FY27 net profit to ₹180 crore, accompanied by an expansion of EBITDA margins from 19% to 27%. This financial improvement is underpinned by a record order book of ₹20,421 crore as of September 30, with fresh orders worth ₹7,428 crore secured in the first half of FY27 through consultancy services and turnkey projects. Brokerage analysts have responded to these fundamentals by upgrading the stock to 'Accumulate' with a target price of ₹338. Technically, the daily trend remains bullish with a Supertrend signal indicating upward momentum, and the stock has gained 44.3% year-to-date as of November 6, 2026. While timely execution of this large pipeline is critical for sustaining growth, the current evidence highlights strong business momentum and margin recovery.

- Q2 FY27 net profit rose 56% year-on-year to ₹180 crore, with EBITDA margins expanding significantly to 27% from 19% in the prior quarter.
- Record order book stands at ₹20,421 crore as of September 30, supported by ₹7,428 crore in fresh orders secured during the first half of FY27.
- Brokerages have upgraded the rating to 'Accumulate' with a target price of ₹338, citing sustained earnings compounding and strong order books.
- Daily technical indicators show a bullish Supertrend direction, and the stock has delivered a 44.3% year-to-date return as of November 6, 2026.

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- [Multibagger Engineers India shares jump 15% to 2-week high after Q2 results; stock gains 44% in 2026](https://www.livemint.com/market/stock-market-news/multibagger-engineers-india-shares-jump-15-to-2-week-high-after-q2-results-stock-gains-44-in-2026-11793622662037.html)
- [Engineers India shares jump 15% after Q2, order book hits record high; stock up 35% in 2026 | Is more upside ahead?](https://www.livemint.com/market/stock-market-news/engineers-india-shares-jump-15-after-q2-order-book-hits-record-high-stock-up-35-in-2026-is-more-upside-ahead-11793603116944.html)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Engineers India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172507_a717ec13-0e60-4e83-86f8-c9e671be9cf7.pdf)
- [Engineers India Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "EIL Forays into Maritime sector". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172729_43aa8843-5f98-424a-9f82-3cee56ba8a64.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Bear Case

Engineers India’s recent performance, while showing strong profit growth and record order inflows, presents specific operational and technical constraints that warrant caution. The company faces a significant execution risk: converting its record ₹20,421 crore order book into sustained revenue growth depends entirely on timely project completion, a factor explicitly noted as crucial for maintaining momentum. Financially, the sharp expansion in EBITDA margins to 27% from 19% in the preceding quarter represents a volatile shift that may be difficult to sustain consistently over time. From a market-structure perspective, the stock is trading at a premium valuation relative to recent levels, with a target price of ₹338 set by analysts implying limited immediate upside from the current ₹292.50 price. Technically, the weekly trend has turned bearish despite bullish monthly signals, and the stock is currently in a -7.3% drawdown from its peak, indicating near-term selling pressure and volatility (annualized volatility of +44.3%) that could erode gains if execution delays occur.

- Execution dependency: Sustained revenue growth relies on timely conversion of the record ₹20,421 crore order book, with execution delays posing a direct risk to future profitability.
- Margin volatility: EBITDA margins expanded sharply to 27% from 19% in the prior quarter, creating a high bar for consistent margin maintenance.
- Valuation proximity: Analyst target prices of ₹338 suggest limited near-term upside from the current ₹292.50 level, pricing in much of the recent positive news.
- Technical weakness: Weekly trends are bearish and the stock is in a -7.3% drawdown, reflecting short-term selling pressure despite long-term strength.

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- [Multibagger Engineers India shares jump 15% to 2-week high after Q2 results; stock gains 44% in 2026](https://www.livemint.com/market/stock-market-news/multibagger-engineers-india-shares-jump-15-to-2-week-high-after-q2-results-stock-gains-44-in-2026-11793622662037.html)
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- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Engineers India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172507_a717ec13-0e60-4e83-86f8-c9e671be9cf7.pdf)
- [Engineers India Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "EIL Forays into Maritime sector". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172729_43aa8843-5f98-424a-9f82-3cee56ba8a64.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### FAQs

**What recent financial results and order book updates have driven Engineers India's stock performance?**

Engineers India reported a 56% year-on-year increase in Q2 FY27 net profit to ₹180 crore, with EBITDA margins expanding to 27%. The company achieved a record order book of ₹20,421 crore as of September 30, having secured fresh orders worth ₹7,428 crore in the first half of FY27. These fundamentals contributed to a 44% stock gain in 2026.

**What corporate action has been announced for Engineers India, and what is the key date?**

The company declared an interim dividend of ₹1.50 per share. The record date for this dividend is November 5, 2026. This announcement was filed with the NSE on November 4 and 5, 2026.

**How is the stock performing technically as of November 6, 2026?**

As of November 6, 2026, the stock closed at ₹292.50, down 2.0% from the previous close. Technical indicators show a bullish daily trend but a bearish weekly trend. Key resistance levels are noted at ₹293.67 and ₹301.23, while support exists at ₹288.83 and ₹281.27. The stock has gained +44.3% year-to-date.

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- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Engineers India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172507_a717ec13-0e60-4e83-86f8-c9e671be9cf7.pdf)
- [Engineers India Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "EIL Forays into Maritime sector". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172729_43aa8843-5f98-424a-9f82-3cee56ba8a64.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.50 PER SHARE |FACE VALUE:5 |RECORD DATE:05-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹301.23
- Risk regime: Higher Price Risk

### Support levels
- 277.75
- 231.23499999999999
- 212.09375

### Resistance levels
- 321.1
- 293.6666666666667
- 306.0666666666667

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.01% |
| return_10 | +20.62% |
| return_1m | -6.64% |
| return_1y | +50.46% |
| return_20 | +1.21% |
| return_3m | +20.67% |
| return_5 | +16.14% |
| return_6m | +11.49% |
| return_since_start | +58.72% |
| return_ytd | +44.31% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -34.31% |
| annualized_volatility | +44.28% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Engineers India Limited FY2026-27 Q2: Profit Before Tax Rises 48% QoQ

Engineers India Limited’s consolidated profit before tax rose 47.7% sequentially to ₹227.94 crore in Q2 FY2026-27, as expenses fell while revenue from operations was nearly unchanged. Year on year, revenue declined 10.5%, but profit before tax increased 56.2% and profit for the period rose 135.6% to ₹196.68 crore.

## Revenue steady as expenses fall

Revenue from operations was ₹824.20 crore, up 0.5% from ₹819.84 crore in Q1 FY2026-27 and down 10.5% from ₹921.29 crore in Q2 FY2025-26. Income increased 3.7% QoQ to ₹889.95 crore. Expenses fell 5.9% sequentially to ₹662.00 crore and were 18.5% below the year-earlier quarter.

Profit before tax increased to ₹227.94 crore from ₹154.32 crore in Q1 and ₹145.93 crore in Q2 FY2025-26. Profit for the period was ₹196.68 crore, compared with ₹157.94 crore in Q1 and ₹83.49 crore a year earlier. Tax expense rose 34.2% QoQ to ₹52.19 crore.

Profit from continuing operations was ₹175.75 crore, up from ₹115.42 crore in Q1 and ₹109.06 crore in Q2 FY2025-26. Basic earnings per share from continuing operations was ₹3.50, versus ₹2.81 in Q1 and ₹1.49 a year earlier. Finance costs declined to ₹25.27 lakh from ₹51.10 lakh in Q1.

## Balance sheet expands from March

At 30 September 2026, total assets were ₹6,645.37 crore, compared with ₹5,869.44 crore at 31 March 2026. Current assets increased to ₹4,155.22 crore from ₹3,477.38 crore, while current liabilities rose to ₹3,140.43 crore from ₹2,676.81 crore. Equity stood at ₹3,341.04 crore, up from ₹3,145.73 crore at the March year-end.

Trade receivables were ₹526.34 crore at 30 September, compared with ₹479.28 crore at 31 March; current trade payables were ₹621.85 crore, versus ₹586.56 crore. Cash and cash equivalents increased to ₹118.76 crore from ₹87.79 crore. Property, plant and equipment was ₹295.31 crore, down from ₹302.31 crore.

## Comprehensive income

Other comprehensive income was a loss of ₹9.84 crore in Q2, compared with a loss of ₹8.95 crore in Q1. Comprehensive income for the period rose to ₹186.83 crore from ₹148.99 crore sequentially.

## Key Takeaway

Q2 combined nearly flat sequential revenue with lower expenses, lifting profit before tax by 47.7% QoQ. The year-on-year contrast was sharper: revenue declined while pre-tax profit and profit for the period increased substantially. Assets and equity were also higher at September quarter-end than at 31 March.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +51.32%
- FII holding: +9.17%
- DII holding: +14.22%
- Mutual fund holding: +12.55%
- Retail holding: +18.31%
- Promoter pledged: +0.00%

### Major reported shareholders

- PRESIDENT OF INDIA — +51.32%
- KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MULTICAP FUND — +3.75%
- HSBC MUTUAL FUND - HSBC SMALL CAP FUND — +3.08%
- BANDHAN LARGE & MID CAP FUND — +1.17%

## Official filings

- 2026-11-05 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-05 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-05 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-04 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-04 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-04 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-04 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172507_a717ec13-0e60-4e83-86f8-c9e671be9cf7.pdf)
- 2026-11-04 — Press Release: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_04112026172729_43aa8843-5f98-424a-9f82-3cee56ba8a64.pdf)
- 2026-11-03 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-03 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-03 — Corporate Action Notice: Engineers India Limited - Ex-Date: 05-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-01 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_01112026103450_newspaperxchange.pdf)
- 2026-10-31 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1630_WebXMLFile_20261031_104743350.xml)
- 2026-10-31 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_31102026110235_xchangemgmt.pdf)
- 2026-10-31 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_31102026110043_audioxchange.pdf)
- 2026-10-30 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_30102026154500_coveringresults.pdf)
- 2026-10-30 — Earnings Presentation: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_30102026162638_investorppt30102026.pdf)
- 2026-10-30 — Financial Results Filing: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750061_30102026052700_WEB.xml)
- 2026-10-30 — Financial Results Filing: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1750066_30102026052751_WEB.xml)
- 2026-10-28 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_28102026165211_xchangefine.pdf)
- 2026-10-28 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_28102026165330_newspaper.pdf)
- 2026-10-28 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_28102026170151_xchangefine.pdf)
- 2026-10-28 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_28102026170310_newspaper.pdf)
- 2026-10-27 — Generic Announcement: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1630_WebXMLFile_20261027_171959409.xml)
- 2026-10-22 — Board Meeting Notice: Engineers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ENGINERSIN_22102026110825_priorintimationofrecorddate22102026.pdf)

## News and market events

- 2026-11-05 — Mint: **Muhurat Trading Picks: Shanti Gold to Apollo Micro Systems - Angel One’s 8 stocks to buy on Diwali 2026 for Samvat 2083** — Angel One Research has recommended eight stocks for Muhurat Trading ahead of Diwali 2026, citing potential upside of up to 32% based on target prices relative to 28 October closing levels. The picks span sectors including financial services, healthcare, and defence, with specific rationale provided for companies such as ICICI Bank, Northern Arc Capital, and Apollo Micro Systems. — [Source](https://www.livemint.com/market/stock-market-news/muhurat-trading-picks-shanti-gold-to-apollo-micro-systems-angel-one-s-8-stocks-to-buy-on-diwali-2026-for-samvat-2083-11793842607672.html)
- 2026-11-03 — MONEYCONTROL: **Diwali stock picks 2026: Angel One's 8 ‘Shagun Ke Shares’ with up to 32% upside; ICICI Bank, Shanti Gold, Northern Arc and more** — Angel One has issued Diwali stock picks for 2026, recommending eight equities including ICICI Bank, Northern Arc, and Apollo Micro Systems with upside potential ranging from 15% to 32%. The brokerage cited drivers such as sustained earnings compounding, expansion into higher-margin segments like CDMO and defence systems, and strong order books as key factors supporting these valuations. Additionally, the article notes that BSE and NSE will conduct a one-hour Muhurat Trading session on November 8, 2026, from 2:20 pm to 3:30 pm. — [Source](https://www.moneycontrol.com/news/business/stocks/diwali-stock-picks-2026-angel-one-s-8-shagun-ke-shares-with-up-to-32-upside-icici-bank-shanti-gold-northern-arc-and-more-14067390.html)
- 2026-11-03 — BUSINESSTODAY: **Engineers India, GAIL, Zensar, Motherson Sumi Wiring, Delhivery shares: Target prices** — Brokerages have issued rating updates for a dozen stocks, including Engineers India, GAIL, Zensar Technologies, Motherson Sumi Wiring, and Delhivery, following September quarter results. Analysts have upgraded Delhivery to 'Buy' with a target price of Rs 490 and Engineers India to 'Accumulate' at Rs 338, while downgrading Zensar Technologies to 'Add' with a target of Rs 614. — [Source](https://www.businesstoday.in/markets/stocks/story/engineers-india-gail-zensar-motherson-sumi-wiring-delhivery-shares-target-prices-565274-2026-11-03)
- 2026-11-02 — Mint: **Multibagger Engineers India shares jump 15% to 2-week high after Q2 results; stock gains 44% in 2026** — Shares of state-owned Engineers India surged 15% to a two-week high after the company reported a 66% sequential rise in Q2 net profit to ₹180 crore and an expanded EBITDA margin. The stock’s gains reached 44% for 2026, supported by a record order book of ₹20,421 crore and a 56% increase in first-half profitability. While these results highlight strong business momentum, timely execution of orders remains crucial for converting this pipeline into sustained revenue growth. — [Source](https://www.livemint.com/market/stock-market-news/multibagger-engineers-india-shares-jump-15-to-2-week-high-after-q2-results-stock-gains-44-in-2026-11793622662037.html)
- 2026-11-02 — Mint: **Engineers India shares jump 15% after Q2, order book hits record high; stock up 35% in 2026 | Is more upside ahead?** — Engineers India Ltd reported a 56% year-on-year increase in Q2 FY27 net profit to ₹180 crore and achieved a record order book of ₹20,421 crore as of September 30. The company secured fresh orders worth ₹7,428 crore in the first half of FY27, driven by consultancy services and turnkey projects, while EBITDA margins expanded to 27% from 19% in the preceding quarter. — [Source](https://www.livemint.com/market/stock-market-news/engineers-india-shares-jump-15-after-q2-order-book-hits-record-high-stock-up-35-in-2026-is-more-upside-ahead-11793603116944.html)
- 2026-11-02 — MONEYCONTROL: **Buy Engineers India; target of Rs 328: Prabhudas Lilladher** — Brokerage firm Prabhudas Lilladher has issued a 'Buy' recommendation for Engineers India with a price target of Rs 328. This analyst action suggests an expectation of upside potential in the stock's valuation based on the firm's assessment. — [Source](https://www.moneycontrol.com/news/business/earnings/buy-engineers-india-target-of-rs-328-prabhudas-lilladher-14066167.html)
- 2026-10-30 — CNBC-TV18: **Q2 Results Live Updates: Suzlon, Trent react to numbers; RIL, Sun Pharma, BEL, report today** — Reliance Industries, Sun Pharma, Bharat Electronics, Max Healthcare, Bank of Baroda, Dixon Technologies, Delhivery, GAIL, Engineers India, and Indian Oil Corporation are among the companies reporting their Q2 financial results today. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-reliance-industries-jio-sun-pharma-bel-gail-dixon-bob-ioc-eil-suzlon-trent-max-health-share-price-liveblog-20022987.htm)
- 2026-10-06 — Economic Times: **Stock Radar: Engineers India stock hits fresh record high in September after decisive breakout; time to buy?** — Engineers India Ltd broke out from two years of consolidation to reach a record high in September 2026. The company's stock has risen more than 11% in a month and over 30% in the last three months. Analysts suggest that short-term traders can consider buying the stock for potential targets above 330 levels. The technical setup indicates strong bullish momentum and potential upside towards 335 to 345 levels. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-engineers-india-stock-hits-fresh-record-high-in-september-after-decisive-breakout-time-to-buy/articleshow/134700189.cms)
- 2026-10-01 — BUSINESS: **Market strategy, stock ideas by Ajit Mishra of Religare Broking on Thursday** — Ajit Mishra reckons that the near-term structure of the market remains weak. The analyst sees strength in Engineers India, and weakness in ONGC on charts. — [Source](https://www.business-standard.com/markets/news/market-strategy-stock-ideas-by-ajit-mishra-of-religare-broking-on-thursday-126100100120_1.html)
- 2026-09-29 — IANSLIVE.IN: **India‑Africa economic ties enter reciprocal phase, could bolster supply chain: Report** — New Delhi, Sep 29 (IANS) The economic relationship between India and Africa is entering a new reciprocal phase as investment and industrial partnerships deepen, a new report has said. — [Source](https://ianslive.in/indiaafrica-economic-ties-enter-reciprocal-phase-could-bolster-supply-chain-report--20260929154344)
- 2026-09-29 — Mint: **Top stocks to buy for short term: M&M, Engineers India and 1 other by Master Capital Services - Target price, stop loss** — Top stocks to buy for short term: An expert from Master Capital Services suggests a stock-specific approach for short-term investments. M&M, Engineers India, and Dr Reddy's Laboratories show strong potential for recovery.  — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-buy-for-short-term-m-m-engineers-india-dr-reddys-labs-check-target-price-for-up-to-11-upside-in-11790573842765.html)
- 2026-09-28 — BUSINESSTODAY: **IREDA, Engineers India, PNB: Top stocks to trade — Check key levels, target prices & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, Indian Renewable Energy Development Agency, Engineers India, Punjab National Bank, IREDA, IREDA shares, Engineers India shares, Punjab National Bank shares, PNB shares, IREDA share price, Engineers India share price, Punjab National Bank share price, PNB share price, IREDA stock price, Engineers India stock price, Punjab National Bank stock price, PNB stock price, IREDA target price, Engineers India target price, Punjab National Bank target price, PNB target price — [Source](https://www.businesstoday.in/markets/stocks/story/ireda-engineers-india-pnb-top-stocks-to-trade-check-key-levels-target-prices-stop-loss-558118-2026-09-28)
- 2026-09-27 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojits Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/134518822.cms)
- 2026-09-25 — Mint: **Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them** — The Nifty 50 index experienced its biggest decline since 2020, down 0.88% over the last week. Despite a wider market sell-off, stocks like Welspun Corp and Zydus Lifesciences reached new peaks, highlighting selective investor interest amid high crude oil prices and global bond yield fluctuations. — [Source](https://www.livemint.com/market/stock-market-news/indian-stock-market-slides-but-28-nifty-500-stocks-hit-fresh-1-year-highs-this-week-mcx-pvr-inox-among-them-11790344289040.html)
- 2026-09-25 — BUSINESSTODAY: **EIL shares jump 7% to hit record high; stock up nearly 62% in six months: What's driving the rise?** — Engineers India, EIL shares, EIL stock, Engineers India share price, EIL record high, EIL six-month return, EIL FY26 results, EIL order book, EIL orders, EIL revenue, EIL profit, EIL EBITDA margin, EIL Dangote contract, Dangote refinery, PSU stocks, engineering stocks — [Source](https://www.businesstoday.in/markets/trending-stocks/story/eil-shares-jump-7-to-hit-record-high-stock-up-nearly-62-in-six-months-whats-driving-the-rise-557851-2026-09-25)
- 2026-09-23 — Times of India: **Africa’s richest man picks Indian PSU for $450 million refinery contract in Kenya** — India Business News: Aliko Dangote, Africa’s richest person, has hired an Indian firm to oversee the construction of his next big project, a $16 billion refinery in Kenya.. — [Source](https://timesofindia.indiatimes.com/business/india-business/africas-richest-man-picks-indian-psu-for-450-million-refinery-contract-in-kenya/articleshow/134432368.cms)
- 2026-09-23 — Mint: **Dividend record date alert: Last call for investors! Buy Arfin India, Engineers India, others today to qualify | List** — Shri Venkatesh Refineries, Engineers India, Arfin India Limited, and Adtech Systems Limited focus on their dividend record date on September 24, requiring investors to hold shares by September 23.  — [Source](https://www.livemint.com/market/stock-market-news/dividend-record-date-alert-last-call-for-investors-buy-arfin-india-engineers-india-others-today-to-qualify-list-11790133411133.html)
- 2026-09-23 — MONEYCONTROL: **Trade Spotlight: How should you trade Usha Martin, Carborundum Universal, Engineers India, Lumax Auto Tech, RBL Bank, and others on September 23?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Star Health and Allied Insurance Company,Usha Martin,Carborundum Universal,Engineers India,Lumax Auto Technologies,RBL Bank, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-usha-martin-carborundum-universal-engineers-india-lumax-auto-tech-rbl-bank-and-others-on-september-23-14035888.html)
- 2026-09-22 — Economic Times: **Engineers India lands $450-million Dangote deal for mega Kenya refinery** — The contract underscores India's growing role as an engineering and technical-services exporter to Africa's energy sector, deepening commercial ties between New Delhi and one of the continent's most influential industrial groups. For Dangote, the plant is intended to cut East Africa's reliance on imported refined fuel, bolster regional energy security, and create additional volumes for export to global markets. — [Source](https://economictimes.indiatimes.com/industry/energy/oil-gas/engineers-india-lands-450-million-dangote-deal-for-mega-kenya-refinery/articleshow/134414700.cms)
- 2026-09-22 — FREEPRESSJOURNAL.IN: **Engineers India Wins $450 Million-Plus Contract For Dangote’s 7,00,000-Bpd Kenyan Refinery Project** — Engineers India Limited has signed a contract worth more than $450 million to provide project management and EPCM consultancy for Dangote Group’s planned 7,00,000-bpd greenfield refinery and petrochemical plant in Kenya. The deal follows EIL’s role in Dangote’s 6,50,000-bpd Lekki refinery in Nigeria. — [Source](https://www.freepressjournal.in/business/engineers-india-wins-450-million-plus-contract-for-dangotes-700000-bpd-kenyan-refinery-project)
- 2026-09-22 — Mint: **Meet Africa’s richest person: Here is why he has hired Engineers India for a ₹4,302 crore project | Company Business News** — Aliko Dangote, Africa's richest person, is building a new $450 million refinery in Kenya, set to process 700,000 barrels daily, enhancing regional energy security. — [Source](https://www.livemint.com/companies/news/meet-africa-s-richest-person-here-is-why-he-has-hired-engineers-india-for-a-4-302-crore-project-11790085349235.html)
- 2026-09-22 — BUSINESS: **RBL Bank, Engineers India, Syrma, JSW Infra rally up to 7%; log 52-wk highs** — ACME Solar, Aegis Logistics, Aegis Vopak Terminals, Apar Ind, Ipca Labs, Laurus Labs, Shyam Metalics and Welspun Corp from the BSE 500 index also hit their respective 52-week highs in Tuesday's trade. — [Source](https://www.business-standard.com/markets/news/rbl-bank-engineers-india-syrma-jsw-infra-rally-up-to-7-log-52-wk-highs-126092200692_1.html)
- 2026-09-22 — BUSINESSTODAY: **Engineers India shares: EIL jumps 6% on Kenya greenfield refinery plant** — EIL share price, EIL shares, Engineers India share price, Engineers India news — [Source](https://www.businesstoday.in/markets/trending-stocks/story/engineers-india-shares-eil-jumps-6-on-kenya-greenfield-refinery-plant-556999-2026-09-22)
- 2026-09-22 — CNBC-TV18: **Engineers India shares hit 52-week high as company bags ₹4,300 crore Dangote order** — Engineers India shares surged over 4% after securing a $450 million order from Dangote Group for a Greenfield Refinery & Petrochemical Plant in Kenya. — [Source](https://www.cnbctv18.com/market/engineers-india-share-price-bags-order-worth-rs-4300-crore-rupeefrom-dangote-group-for-petrochemical-project-in-kenya-52-week-high-19995665.htm)
- 2026-09-21 — Economic Times: **Vaishnaw flags AI safety; Moneyview’s IPO, investor gains** — AI companies need to ensure their products are safe, union minister Ashwini Vaishnaw told us. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/vaishnaw-flags-ai-safety-moneyviews-ipo-valuation-investor-gains/articleshow/134390476.cms)

## Business profile

**Strategic vision:** Global engineering consultancy and project management firm.

### Business segments
- **Consultancy & Engineering Projects:** Offers design and engineering, project management, specialist services including heat and mass transfer, environmental engineering, and safety services, as well as certification and inspection through its subsidiary CEIL.
- **Turnkey Projects:** Involves complete project execution including procurement, construction, and integrated project management, covering supply chain management and construction services.

### Competitive strengths
- Extensive experience in engineering consultancy and project management.
- Comprehensive service offering from conceptualization to commissioning.
- Diversified industry focus beyond core oil & gas and petrochemicals.
- Established domestic and international operational presence.
- In-house technology development and research capabilities.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/enginersin
Markdown representation: https://faxioms.com/stocks/enginersin?render=md