EIEL
Enviro Infra Engineers Limited
Water and wastewater EPC contractor with renewable energy overlay
Utilities›Utilities›Other Utilities›Water Supply & Management
eiel.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
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Price & valuation
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What you need to know
EIEL (Enviro Infra Engineers) designs and builds water and wastewater treatment plants, mainly for government projects, and has added renewable energy construction work in solar, wind and battery storage.
Company snapshot
3rdBy market cap
Ranked among 6 companies in Water Supply & Management.
What we see
- ✓Net margin of 16.4% — the business keeps a healthy share of every rupee it earns.
- ✗Over the last three years operations used more cash than they brought in, despite an operating profit — the business is not yet turning its profit into cash.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 213 Cr | 247 Cr | 393 Cr | 241 Cr | 227 Cr | 250 Cr | 427 Cr | 359 Cr |
| Operating expenses (approx.) | 157 Cr | 194 Cr | 293 Cr | 177 Cr | 162 Cr | 182 Cr | 347 Cr | 283 Cr |
| EBITDA | 56 Cr | 54 Cr | 99 Cr | 64 Cr | 65 Cr | 68 Cr | 80 Cr | 76 Cr |
| OPM % | 26.1% | 21.8% | 25.3% | 26.7% | 28.6% | 27.1% | 18.7% | 21.1% |
| Other income | 9 Cr | 5 Cr | 11 Cr | 8 Cr | 14 Cr | 8 Cr | 12 Cr | 6 Cr |
| Interest | 12 Cr | 8 Cr | 8 Cr | 7 Cr | 7 Cr | 10 Cr | 12 Cr | 14 Cr |
| Depreciation | 2 Cr | 3 Cr | 3 Cr | 3 Cr | 5 Cr | 8 Cr | 9 Cr | 9 Cr |
| Profit before tax | 50 Cr | 48 Cr | 99 Cr | 57 Cr | 63 Cr | 58 Cr | 71 Cr | 59 Cr |
| Tax % | 26.9% | 24.0% | 25.4% | 25.8% | 21.5% | 27.7% | 23.6% | 22.8% |
| Net profit | 36 Cr | 37 Cr | 74 Cr | 42 Cr | 49 Cr | 42 Cr | 54 Cr | 45 Cr |
| EPS (₹) | ₹2.60 | ₹2.59 | ₹4.89 | ₹2.39 | ₹2.78 | ₹2.30 | ₹2.96 | ₹2.27 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 224 Cr | 338 Cr | 729 Cr | 1,066 Cr | 1,146 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 174 Cr | 256 Cr | 560 Cr | 798 Cr | 869 Cr | Sign in free for the trailing twelve months |
| EBITDA | 50 Cr | 82 Cr | 169 Cr | 268 Cr | 277 Cr | Sign in free for the trailing twelve months |
| OPM % | 22.4% | 24.2% | 23.2% | 25.1% | 24.2% | Sign in free for the trailing twelve months |
| Other income | 2 Cr | 4 Cr | 9 Cr | 19 Cr | 42 Cr | Sign in free for the trailing twelve months |
| Interest | 4 Cr | 8 Cr | 23 Cr | 37 Cr | 36 Cr | Sign in free for the trailing twelve months |
| Depreciation | 2 Cr | 2 Cr | 6 Cr | 9 Cr | 25 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 46 Cr | 75 Cr | 150 Cr | 241 Cr | 250 Cr | Sign in free for the trailing twelve months |
| Tax % | 25.0% | 25.8% | 27.5% | 26.4% | 24.5% | Sign in free for the trailing twelve months |
| Net profit | 35 Cr | 55 Cr | 109 Cr | 177 Cr | 188 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹2.70 | ₹4.29 | ₹8.13 | ₹11.76 | ₹10.42 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 0.0% | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 2 Cr | 26 Cr | 137 Cr | 176 Cr | 176 Cr |
| Reserves | 69 Cr | 101 Cr | 155 Cr | 819 Cr | 1,057 Cr |
| Borrowings | 18 Cr | 65 Cr | 234 Cr | 234 Cr | 422 Cr |
| Other liabilities | 59 Cr | 156 Cr | 237 Cr | 270 Cr | 383 Cr |
| Total liabilities | 148 Cr | 348 Cr | 761 Cr | 1,498 Cr | 2,042 Cr |
| Fixed assets (net) | 10 Cr | 18 Cr | 47 Cr | 70 Cr | 252 Cr |
| CWIP | — | 0.26 Cr | 1 Cr | 0 Cr | 114 Cr |
| Investments | — | — | — | 9 Cr | 67 Cr |
| Loans & advances | — | — | — | 0.13 Cr | 0.71 Cr |
| Inventories | 8 Cr | 10 Cr | 35 Cr | 42 Cr | 33 Cr |
| Trade receivables | 39 Cr | 57 Cr | 104 Cr | 206 Cr | 165 Cr |
| Cash & bank | 0.24 Cr | 2 Cr | 0.87 Cr | 162 Cr | 52 Cr |
| Other assets | 90 Cr | 260 Cr | 573 Cr | 1,008 Cr | 1,357 Cr |
| Total assets | 148 Cr | 348 Cr | 761 Cr | 1,498 Cr | 2,042 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from operating activity | 42 Cr | 101 Cr | -69 Cr | -47 Cr | -63 Cr |
| Cash from investing | -26 Cr | -141 Cr | -139 Cr | -263 Cr | -122 Cr |
| Cash from financing | -16 Cr | 42 Cr | 207 Cr | 471 Cr | 75 Cr |
| Net cash flow | -0.14 Cr | 2 Cr | -2 Cr | 162 Cr | -110 Cr |
| Free cash flow (OCF − Capex) | 38 Cr | 90 Cr | -102 Cr | -93 Cr | -245 Cr |
Ratios
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROCE % | 56.2% | 43.3% | 32.9% | 22.6% | 17.2% |
| ROE % | 48.2% | 43.3% | 38.0% | 17.7% | 14.8% |
| Debtor days | 64 | 61 | 52 | 70 | 53 |
| Inventory days | 34 | 20 | 32 | 28 | 23 |
| Days payable | 145 | 197 | 147 | 111 | 163 |
| Cash conversion cycle | -46 | -116 | -63 | -13 | -88 |
| OCF / EBITDA % | 83.2% | 123.8% | -40.8% | -17.4% | -22.8% |
| OCF / EBITDA % (3 years) | — | — | 24.5% | -2.8% | -25.0% |
| Debt / equity | 0.25 | 0.51 | 0.80 | 0.24 | 0.34 |
| Current ratio | 1.67 | 1.45 | 1.54 | 3.07 | 2.56 |
| Net debt / EBITDA | 0.36 | 0.76 | 1.37 | 0.27 | 1.34 |