Prime Highlights
- Net profit more than tripled to ₹347.2 crore, driving strong investor confidence.
- Shares jumped over 12% after the company secured a major $360 million overseas contract.
Key Facts
- Revenue rose 58.3% year-on-year to ₹1,210.2 crore, showing strong business growth.
- Overseas markets contributed 65% of new orders, highlighting rising global demand.
Background:
Shares of Engineers India Ltd surged over 12% on February 13 after the company reported strong third-quarter results, driven by sharp profit growth and robust international order inflows.
The company reported a sharp rise in its December quarter performance. Net profit more than tripled to ₹347.2 crore from ₹109 crore a year ago. Revenue also grew strongly, rising 58.3% to ₹1,210.2 crore compared to ₹764.5 crore last year, showing better business activity.
Operational performance improved during the quarter. EBITDA rose to ₹352.2 crore from ₹97.9 crore, and margins increased to 29.1% from 12.8%. This shows better cost control and efficiency.
The company won its biggest overseas order, securing a $360 million refinery contract from the Dangote Group.
International business is becoming a key growth driver. As of January 2026, overseas orders made up 65% of new business, while domestic orders accounted for 35%.
After the results, the stock rose 12.22% to ₹203 in early trade. However, it is still about 20.5% below its 52-week high of ₹255.45. Over the past year, the stock has gained nearly 23%.
Overall, the results show strong growth and increasing global opportunities for the company.
