Why is Engineers India Ltd. ?
1
High Management Efficiency with a high ROE of 17.80%
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Poor long term growth as Net Sales has grown by an annual rate of 4.55% and Operating profit at 14.93% over the last 5 years
4
Positive results in Mar 26
- NET SALES(Latest six months) At Rs 2,136.53 cr has Grown at 20.38%
- PAT(Latest six months) Higher at Rs 542.70 cr
- ROCE(HY) Highest at 29.39%
5
Stock is technically in a Bullish range
- The technical trend has improved from Mildly Bullish on 17-Jun-26 and has generated 3.39% returns since then
- Multiple factors for the stock are Bullish like MACD, Bollinger Band and KST
6
With ROE of 22, it has a Expensive valuation with a 4.3 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 12.90%, its profits have risen by 19.3% ; the PEG ratio of the company is 1
7
High Institutional Holdings at 21.88%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 0.72% over the previous quarter.
How much should you hold?
- Overall Portfolio exposure to Engineers India should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Engineers India for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Engineers India
13.05%
0.31
42.00%
Sensex
-5.12%
-0.39
13.26%
Quality key factors
Factor
Value
Sales Growth (5y)
4.55%
EBIT Growth (5y)
14.93%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.45
Sales to Capital Employed (avg)
1.48
Tax Ratio
21.88%
Dividend Payout Ratio
38.78%
Pledged Shares
0
Institutional Holding
21.88%
ROCE (avg)
52.43%
ROE (avg)
17.80%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
37
Price to Book Value
4.35
EV to EBIT
18.73
EV to EBITDA
17.61
EV to Capital Employed
7.14
EV to Sales
3.12
PEG Ratio
1.03
Dividend Yield
1.85%
ROCE (Latest)
38.14%
ROE (Latest)
21.98%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
16What is working for the Company
NET SALES(Latest six months)
At Rs 2,136.53 cr has Grown at 20.38%
PAT(Latest six months)
Higher at Rs 542.70 cr
ROCE(HY)
Highest at 29.39%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 1,363.90 cr
-3What is not working for the Company
PBT LESS OI(Q)
At Rs 179.37 cr has Fallen at -18.5% (vs previous 4Q average
NET SALES(Q)
At Rs 926.29 cr has Fallen at -7.7% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Engineers India
Profit After Tax (PAT) - Latest six months
Higher at Rs 542.70 cr
than preceding 12 month period ended Mar 2026 of Rs 537.43 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 542.70 cr has Grown at 39.68%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 1,363.90 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Engineers India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 179.37 cr has Fallen at -18.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 220.07 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
At Rs 926.29 cr has Fallen at -7.7% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 1,003.03 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Non Operating Income - Quarterly
Highest at Rs 62.64 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income