Rs 1,185.50 crore order book: Infra engineering stock jumps 14.4% with 20x spurt in volume on major updates; Details inside!
The shares of the company saw a spurt in volume by more than 20 times.
On Tuesday, shares of Enviro Infra Engineers Ltd experienced a remarkable surge, gaining 14.4 per cent to Rs 241.95 per share from its previous closing of Rs 211.45 per cent. The shares of the company saw a spurt in volume by more than 20 times.
Enviro Infra Engineers Limited (EIEL) has recently secured new projects worth Rs 306.30 crore. These projects are all in the water and wastewater treatment sector in India. They involve building several Sewage Treatment Plants (STPs) in different cities of Chhattisgarh, including Ambikapur, Rajnandgaon, and Korba. For each of these STPs, EIEL will also be responsible for their operation and maintenance for 15 years.
In a new strategic move, EIEL is entering the renewable energy sector by acquiring two solar power projects totalling 69 MW (Megawatts) of capacity. One project is a 40 MW solar plant in Odisha, which EIEL is acquiring for Rs 115.61 crore. The electricity from this plant will be sold for Rs 4.10 per unit for about 18 years.
The second solar project is a 29 MW plant in Maharashtra. This project will receive financial assistance of Rs 3.20 crores per MW, which adds up to a total of Rs 92.80 crore in support. The electricity generated from this plant will be sold at a tariff of Rs 0.88 per unit for 25 years.
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About the Company
Enviro Infra Engineers Ltd is a leading Indian infrastructure company specialising in Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities. They offer comprehensive services from design to operation and maintenance, covering Sewage Treatment Plants (STPs), Sewerage Schemes (SS), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), pumping stations, and water supply pipelines. The company has successfully executed 52 projects to date, delivering high-quality, sustainable, and Zero Liquid Discharge (ZLD) compliant solutions. Enviro Infra Engineers Ltd is also committed to sustainable development by integrating "Waste to Energy" initiatives like solar power and Compressed Bio Gas (CBG) plants.
According to Quarterly Results, the net sales increased by 31 per cent to Rs 392.9 crore and net profit increased by 30 per cent to Rs 74.1 crore in Q4FY25 compared to Q4FY24. Looking at its annual results, the net sales increased by 46 per cent to Rs 1,066.1 crore and net profit increased by 66 per cent to Rs 177.1 crore in FY25 compared to FY24. Total Debt was Rs 234.1 crore, and the Debt-to-Equity Ratio significantly improved to 0.24 from 0.80. Return on Capital Employed (ROCE) was a healthy 22.62 per cent. Operationally, the company boasted a strong order book of Rs 1,185.50 crore for execution and Rs 806 crore for operation and maintenance as of March 31, 2025, with an additional Rs 200 crore in new orders for FY26.
The promoters of the company bought 1,20,211 shares and increased their stake to 70.09 per cent in March 2025 compared to December 2025. The company has a market cap of over Rs 4,000 crore. As of March 2025, the order book stands at Rs 1,185.50 crore. Listed peers of Enviro Infra Engineers Ltd are EMS Ltd, Ion Exchange (India) Ltd, VA Tech Wabag Ltd and Vishnu Prakash R Punglia Ltd.
Disclaimer: The article is for informational purposes only and not investment advice.