Engineers India shares surge nearly 16% from day’s low; Check Q3 numbers

Engineers India Ltd (EIL) shares rallied nearly 16% intraday on February 12, recovering sharply from recent lows. The stock surged to an intraday high of ₹170.66, significantly rebounding from the day’s low of ₹148.63, marking a strong recovery.

As of 3:23 pm the shares were trading 5.81% higher at ₹170.35 on NSE.

The rally follows the company’s impressive Q3 FY25 earnings, where the Navratna PSU under the Ministry of Petroleum and Natural Gas reported a 78% YoY jump in net profit, driven by higher operational efficiency.

Q3 FY25 Financial Highlights:

• Net Profit: ₹93.8 crore (up 78% YoY) from ₹52.7 crore in Q3 FY24.
• Revenue: ₹764.6 crore (down 12% YoY) from ₹867.6 crore.
• EBITDA: ₹98 crore (up 95.8% YoY) from ₹50 crore.
• EBITDA Margin: Expanded to 12.8% from 5.8% last year, indicating strong cost efficiencies.

Dividend Announcement:

The Board of Directors approved an interim dividend of ₹2 per share for FY25.

• Record Date: February 14, 2025
• Payout Date: From March 3, 2025

Market Performance & Outlook:

Engineers India provides engineering consultancy and EPC services, primarily catering to the oil & gas and petrochemical sectors. The sharp rise in its stock price today indicates renewed investor confidence, following improved margins and earnings performance.

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