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Engineers India secures ₹618-crore order from Africa-based fertiliser firm

Written by: Akshay ShivalkarUpdated on: 13 Sept 2025, 12:19 am IST
Engineers India bagged a ₹618 crore Africa fertiliser plant contract, signed an MoU with NPCIL, and reported a 28.6% fall in Q1 profit.
Engineers India Secures ₹618 Crore Africa Fertiliser Contract
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Engineers India Limited (EIL) on September 12, 2025, announced that it has secured a contract worth ₹618 crore from an Africa-based fertiliser company. The project involves providing project management consultancy (PMC) and engineering procurement and construction management (EPCM) services for a new fertiliser plant in Africa. Alongside this, the company signed a memorandum of understanding (MoU) with Nuclear Power Corporation of India Ltd (NPCIL) and released its first quarter earnings.

Africa fertiliser plant contract

The ₹618 crore order from the Africa-based fertiliser company covers PMC and EPCM services for setting up a new fertiliser facility. The execution timeline for the project is 24 months.

MoU with NPCIL

On August 14, 2025, Engineers India announced that it had signed an MoU with NPCIL at the latter’s Mumbai office. The agreement focuses on providing engineering services for the conceptual design and development of structures, systems, and components of the Bharat Small Modular Reactor. This aligns with the Centre’s Nuclear Energy Mission for Viksit Bharat, targeting 100 GW nuclear capacity by 2047.

First quarter earnings

On August 13, 2025, Engineers India reported its Q1 FY26 earnings. The company’s net profit fell 28.6% year-on-year to ₹65.4 crore from ₹91.6 crore.

Revenue, however, rose 39.4% to ₹870 crore from ₹624 crore in the year-ago period. EBITDA stood at ₹72.1 crore, up 40.3% from ₹51.4 crore a year earlier, while operating margins were stable at 8.3% compared to 8.2% in the previous fiscal.

Engineers India Share Price Performance

On September 12, 2025, Engineers India share price opened at ₹209.60, compared to the previous close of ₹208.92. During the session, the stock touched a high of ₹210.37 and a low of ₹207.03 before closing at ₹208.50, down by 0.20% at the end of the trading day.

The stock recorded a traded volume of 17.25 lakh shares and a traded value of ₹36.02 crore on the NSE. The market capitalisation stood at ₹11,718.58 crore. Over the past 52 weeks, Engineers India has hit a high of ₹255.45 and a low of ₹142.20. The stock is currently trading at a P/E ratio of 24.16.

Read More: China Lifts Export Curbs on Fertilizers, Rare Earths and Machinery to India

Conclusion

Engineers India’s recent ₹618 crore fertiliser plant contract in Africa, its strategic MoU with NPCIL, and the Q1 FY26 earnings update highlight the company’s ongoing project momentum. While profits declined year-on-year, revenue and EBITDA showed strong growth. The company’s share price on September 12, 2025, closed marginally lower, with investors weighing its international expansion and domestic partnerships.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 12, 2025, 6:49 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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