Share of Engineers India Ltd is currently trading at around Rs.180/- Existing as well as Prospective Investors are asking for Engineers India Share Price Target 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Engineers India Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Engineers India Ltd:
Engineers India Ltd (EIL), a leading consultancy and engineering firm in the energy and infrastructure sectors, has demonstrated robust financial performance recently. For Q2 FY2025, EIL reported a profit before tax of ₹100 crore, reflecting a 36% growth over the previous quarter. Net profit for the same period stood at ₹79 crore, up by 44%, driven by improved project execution and efficiency. The company’s order inflow reached ₹5,137 crore for the first half of FY2024-25, significantly higher than the ₹3,400 crore for the entire previous fiscal year, highlighting strong business momentum. The total order book as of September 2024 was ₹11,155 crore, with consultancy services and lump-sum turnkey projects contributing significantly
Future Business Prospects:
EIL’s future is closely tied to India’s energy and infrastructure growth. Key growth drivers include government initiatives such as the National Hydrogen Energy Mission, which emphasizes green hydrogen production. EIL is well-positioned in this space, with ongoing projects in collaboration with major public sector undertakings (PSUs). Additionally, rising energy demand and investments in pipeline infrastructure present significant opportunities for EIL, given its strong presence in the oil and gas sector
The company’s diversification efforts into sustainable energy, including biofuels and energy-efficient solutions, align with global decarbonization goals. EIL also aims to achieve carbon neutrality by 2035, enhancing its appeal in the ESG-focused investment landscape. However, the company’s concentrated order book in the oil and gas segment could pose risks, as 94% of its current orders originate from this sector
.
With a strong liquidity position and no external debt, EIL is well-equipped to invest in future growth. Strategic investments, such as stakes in Ramagundam Fertilizers and Chemicals Ltd., bolster its portfolio and diversify income streams. Overall, EIL’s established expertise, government backing, and alignment with national priorities position it favorably for sustainable growth
Share Price Targets:
Engineers India Share Price Target 2024
Based on the above discussion and analysis, the share price of Engineers India is likely to touch the level of around Rs.195-200 in 2024
Engineers India Share Price Target 2025
Based on the above discussion and analysis, the share price of Engineers India is likely to touch the level of around Rs.225-240 in 2025
Engineers India Share Price Target 2030
Based on the above discussion and analysis, the share price of Engineers India is likely to touch the level of around Rs.375-400 in 2030
Engineers India Price Target 2035
Based on the above discussion and analysis, the share price of Engineers India is likely to touch the level of around Rs.625-650 in 2035
Engineers India Price Target 2040
Based on the above discussion and analysis, the share price of Engineers India is likely to touch the level of around Rs.1000-1200 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Read Also:
How to make maximum profit with minimum investment from the Stock Market ? – MoneyInsight
Also Read :
How to make money from share market? (indiatimes.com)
Visit our Website regularly for more such Educational Research Articles: