Enviro Infra Engineers (EIEL) kicked off FY27 with solid Q1 performance. Revenue jumped 49.09% YoY to ₹359.2 Cr, with EBITDA up 17.87% at ₹75.7 Cr, and PAT growing 6.47% to ₹45.2 Cr. Water & Wastewater projects remain core, but renewables are quickly gaining traction, contributing 29% to Q1 revenue. Maharashtra led state-wise revenue generation.
The company is focused on scaling up project sizes, eyeing global expansion, and deepening its commitment to renewables and waste-to-energy. A significant win includes two Hybrid Annuity Model (HAM) projects worth ₹256.92 Cr in Varanasi, part of the Namami Gange Programme. EIEL's total order book stands strong at ₹6,720.8 Cr, ensuring good revenue visibility.
Management is bullish, highlighting India's growing investments in water security and sustainable infrastructure as key drivers. EIEL is strategically positioned to capitalize on these opportunities, continuously enhancing its diversified portfolio including its EIE Renewables subsidiary and recent acquisition of Suyog Urja.