Enviro Infra Engineers Ltd. Share Price

Enviro Infra: ₹6,720 cr order book, 6% profit growth

Enviro Infra Engineers Limited (NSE: EIEL) grew Q1 FY27 revenue 49% to ₹359 crore. Net profit grew only 6.5% to ₹45.2 crore. The stock is near ₹204, down 26% from its high of ₹276. What happened EBITDA rose 17.9% to ₹75.7 crore overall at a 21.1% margin, down from 26.7% a year ago. PAT margin fell to 12.4% from 17%. The order book stands at ₹6,720 crore: water and wastewater ₹3,694 crore, renewables ₹2,908 crore, and operations and maintenance ₹1,117 crore. Management guides ₹2,000 crore of full year revenue for FY27. Why it matters India is spending heavily on Jal Jeevan Mission, sewage treatment and effluent control. Enviro Infra designs, builds and operates these plants. Each plant completed converts to an O&M contract, earning annuity income for years. My view VA Tech Wabag is 30 years old with a global order book. EIEL is a recent IPO still building its track record. The comparison is apt in direction, but it sets a high bar. Now the numbers. Revenue grew 49% on a low base. EBITDA margin fell 558 basis points. Renewables are now half the order book, and solar and wind margins of 15% to 18% are below water at 21% to 22%. More renewables in the mix means a lower blended margin overall. The long term story is clean. Water scarcity, regulation and Jal Jeevan spending make this structural. But at about 19 times earnings on shrinking margins, some of that is in the price. What I am watching Q2 FY27 results in November, EBITDA margin recovering above 21%, and new order wins. On the chart, ₹135 is the 52-week low and ₹276 is the key level to reclaim. My stance: Accumulate near ₹175. Long term story intact. Near term margins under pressure. Disclosure: I do not hold a position in Enviro Infra Engineers Limited at the time of writing. This is not investment advice.

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Enviro Infra: ₹224 Cr Wind EPC Order Boosts Growth

is expanding beyond its traditional water and wastewater EPC business after step-down subsidiary Suyog Urja received a ₹224.19 crore LOI from Tata Power Renewable Energy for EPC turnkey works for a 180 MW NTPC wind power project at Parli, Maharashtra. The project is scheduled for completion by March 31, 2027. The scope includes foundations for 58 wind turbine generators, balance-of-plant works, development of a 39-acre storage yard, access roads and a 33 kV transmission line, including associated electrical infrastructure. The order strengthens Suyog Urja’s capabilities in wind EPC and adds another segment to Enviro Infra’s infrastructure portfolio. The significance of the order goes beyond its ₹224 crore value. Enviro Infra has traditionally been focused on water and wastewater treatment, while the renewable-energy opportunity provides a new avenue for growth as investments in wind, solar and energy-storage infrastructure accelerate.

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Enviro Infra Engineers-Order Inflows, Execution Ramp-Up

Enviro Infra Engineers (M-Cap: ₹3,724 Cr) has outlined an accelerated growth trajectory for the second half of FY27, underpinned by project execution momentum across its water treatment and renewable energy portfolios. Following seasonal monsoon headwinds in H1, management projects H2 FY27 revenues to reach approximately ₹1,300 crore across Q3 and Q4, driving strong topline and bottomline ***** Book Composition & Pipeline VisibilityThe company’s total executable order book stands at approximately ₹7,000 crore, reflecting balanced exposure across municipal infrastructure, renewable EPC, and annuity-style contracts:Water & Wastewater Treatment: ₹2,800 crore (Core vertical)Renewable Energy: ₹2,200 crore (Includes a ₹1,000 crore Wind EPC order book following a recent ₹400 crore award from Tata Power Renewable Energy, alongside ongoing NTPC projects)Operations & Maintenance (O&M): ₹2,000 crore (Offers high visibility and stable recurring cash flows)Management targets a minimum order inflow of ₹2,500 crore in the near term, focused primarily on municipal water and wastewater treatment. Additionally, the company is in advanced negotiations for another ₹400 crore of Wind EPC awards, expected to materialize over the next 2–3 ***** Metrics & Margin TrajectoryBusiness SegmentEBITDA Margin GuidanceOperational Drivers & Return ProfileWater & Wastewater~21%Realigned from 22–24% historically due to elevated input costs; operational leverage expected to support margins as execution ***** Energy15%–18%Highly capital-efficient EPC model structured to deliver Return on Equity (ROE) exceeding 50%.Consolidated19%–20%Blended margin profile balancing core infrastructure margins with high-velocity renewable ***** operational velocity accelerating into Q3 and Q4, the company offers strong revenue conversion visibility backed by a solid order pipeline and return-focused capital allocation.

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Enviro Infra Engineers Wins ₹224 Crore Wind EPC Order

Enviro Infra Engineers Limited, through its step-down subsidiary Suyog Urja Limited, has received a Letter of Intent (LOI) worth ₹224.19 crore, including GST, from Tata Power Renewable Energy Limited. The LOI is for EPC turnkey works for a 180 MW NTPC Wind Power Project at Parli, Maharashtra, with the project scheduled to be executed by March 31, 2027. The scope includes civil foundation works for 58 Wind Turbine Generators (WTGs), Balance of Plant (BoP) works and construction and commissioning of a 33 kV transmission line. The project also involves development of an approximately 39-acre storage yard, construction of access roads, pathways and crane pads, along with right-of-way management and other supporting infrastructure. The development strengthens Enviro Infra's growing presence in the renewable energy EPC segment. The company has been expanding beyond its traditional water and wastewater infrastructure business through its renewable-energy platform and the acquisition of Suyog Urja. Investor Takeaway: The project provides additional revenue visibility and strengthens Enviro Infra's exposure to India's expanding wind-energy infrastructure market. The order also demonstrates the company's ability to participate in larger renewable-energy EPC projects.

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Enviro Infra Engineers: ₹224 Cr Wind Project

Enviro Infra Engineers is in focus after its subsidiary Suyog Urja received an LOI worth ₹224.19 crore from Tata Power Renewable Energy for EPC works related to a 180 MW wind power project in Maharashtra. Key Points • LOI value: ₹224.19 crore • Project capacity: 180 MW • Location: Parli, Maharashtra • Customer: Tata Power Renewable Energy • Project linked to an NTPC wind power development • Scope includes WTG foundations, balance-of-plant works and 33 kV transmission infrastructure • Scheduled execution by 31 March 2027 Technical View The fresh EPC order provides a meaningful renewable-energy catalyst for Enviro Infra Engineers, while execution progress will remain an important factor to monitor. Alpha Insight The project expands Enviro Infra's exposure beyond traditional water infrastructure into renewable-energy EPC, adding another growth avenue to the business. For educational and informational purposes only. Not investment advice. UMANG RAJESH BHUTADA SEBI Registered Research Analyst Registration No. INH000023001 SEBI registration does not guarantee returns or profits.

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Enviro Infra Engineers Gets ₹224 Crore Wind EPC Order

Enviro Infra Engineers is in focus after the company received a Letter of Intent worth ₹224.19 crore, including GST, from Tata Power Renewable Energy for a wind power project in Maharashtra. The contract involves engineering, procurement and construction activities for a 180 MW NTPC wind power project. Following the announcement, shares of Enviro Infra Engineers gained nearly 5% during Thursday’s trading session, reaching an intraday high of around ₹215 on the NSE. The order marks an expansion of the company’s presence beyond its traditional water and wastewater infrastructure activities and strengthens its exposure to the renewable-energy sector. The project is expected to add to the company’s order book and provide additional execution visibility. The latest development also reflects continued investment in renewable power infrastructure in Maharashtra, where wind and solar projects are being developed to support India’s clean-energy targets. The company will be responsible for executing the EPC scope associated with the project, making the order relevant for its infrastructure and renewable-energy business.

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