Engineers India Limited · NSE:ENGINERSIN
Engineers India — FY2024-25 Earnings Presentation
54 slides from Engineers India's earnings presentation, May 30, 2025
Slide 1: Exchange filing cover letter for Investor Presentation
ईमेल/e-mail: company.secretary@eil.co.in, दरू भाष /Phone: 011-26762489 कंपनी सचिवालय/ COMPANY SECRETARIAT सं.सचिव/No. Secy/906/9/10 30.05.2025 The BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street, Fort Bandra Kurla Complex Mumb
Slide 2: Engineers India Limited Investor Presentation Annual Results FY 24-25
Engineers India Limited Investor Presentation Annual Results : FY 24-25 Delivering Excellence Through People 1
Slide 3: Contents
Contents Page # 1 Overview of Engineers India Limited 3 2 Track Record and Credentials 13 3 Financials and Order Book Overview 21 4 Major Order secured in FY 2023-24 34 5 Orders in hand 40 6 Outlook 45 Delivering Excellence Through People 2
Slide 4: Overview
1 Overview Delivering Excellence Through People 3
Slide 5: Company Overview
Company Overview ❖ Global Engineering Consultancy Project Management & Total solutions Company ❖ A NAVRATNA CPSE under the aegis of Ministry of Petroleum and Natural Gas ❖ Over 8000 assignments including 700 Major assignments ❖ Significant track record across entire Oil & Gas value chain with experi
Slide 6: Marquee Projects
Marquee Projects Dangote Refinery & Petrochemical HRRL Integrated Refinery Complex GGSR Refinery & Cracker Strategic Storage – Visakhapatnam, Padur, Mangalore Delivering Excellence Through People 5
Slide 7: Board of Directors (as on 29.05.2025)
Board of Directors (as on 29.05.2025) Chief Vigilance Officer C&MD • Shri Rajnesh Singh • Smt. Vartika Shukla Director (Govt. Nominee) • Shri Arun Kumar Functional Directors Non-official Independent Directors • Shri Sanjay Jindal, Director (Finance) • Shri Atul Gupta, Director (Commercial) • Shri De
Slide 8: Key Milestones – 60 years of Service to the Nation
Key Milestones – 60 years of Service to the Nation ⚫ Wholly owned ⚫ Commenced first ⚫ Expansion in ⚫ Diversified into ⚫ Commenced services in ⚫ Refinery project under LOC in Government of international Hydrocarbons value Infrastructure in sub-surface crude Mongolia India (GoI) assignment chain 2001
Slide 9: Lines of Business
Lines of Business VISION: “To be a Global Leader offering Total Energy Solutions for a Sustainable Future” Oil & Gas Storages & Petroleum Refining Petrochemicals Pipelines Fertilizers Terminals (Offshore & Onshore) Mining & Water and Clean & Green Infrastructure Coal Bio Fuels Metallurgy Waste Water
Slide 10: Service Offering : From Concept to Commissioning
Service Offering : From Concept to Commissioning Technology Process Project Engineering Licensing Design Management • Conceptualization of Process • Configuration study • Integrated Project • FEED • Process Modelling & simulation • Pre-feasibility studies Management services • Residual engineering •
Slide 11: Service Offering : From Concept to Commissioning
Service Offering : From Concept to Commissioning Supply Chain Construction Commissioning Specialized Certification Management Management Services (through CEIL) • Supplier and contractor • Construction Supervision • Pre-commissioning and • Environment and Water • EIL subsidiary – management • Materi
Slide 12: Service Offering & Business Models
Service Offering & Business Models Consultancy Contracting Process Design & Hardware Technology Licensing Supply Studies Refining OBE Desalter (Concept/ (CDU/VDU, DHDT, configuration/ LPGTU, SRU, TGTU, DCU, Feasibility) ATF Hydrotreating LSTK / EPC Contactors / Structured Packing FEED/PMC Gas Proces
Slide 13: EIL Manpower Resources
EIL Manpower Resources Qualification Count Personnel Experience Graduates in Engineering 1974 13% 16% Post Graduates in Engineering 265 Doctorates in Engineering 9 21% Total Personnel with Engineering Qualification (Technical 2248 Manpower) 51% Other Professionals (MBA/MCA/CA/ICWA/CS) 126 0-10 10-20
Slide 14: Track Record and Credentials
2 Track Record and Credentials Delivering Excellence Through People 13
Slide 15: Technology & R&D Capabilities
Technology & R&D Capabilities Refining R&D Center at Gurugram (DHDT, LPGTU, SRU, DCU) Gas Hardware Processing Licensor for 40 Process Technologies (Structured (C2/C3 (48 active Patents, 61 pending grant) Packing, Recovery, Internals) Sweetening) Product / Technology > 60% of process technologies in
Slide 16: Strong Track Record With Diverse Client Base
Strong Track Record With Diverse Client Base 91 Major Refinery Projects As of March 2025 including 10 Green-field Projects 45 Onshore Oil & Gas http://www.petrofed.org/images/bpcl.jpg 13 Major Petrochemical Projects JINDAL Processing Projects 248 Offshore Projects including Process Platforms 54 Pipe
Slide 17: Leadership Position in Refineries & Petrochemicals in India
Leadership Position in Refineries & Petrochemicals in India Milestones ❖ 20 out of 23 Refineries in India have EIL Footprints ❖ Installed 11 out of the 12 mega petrochemical complexes in India. ❖ Built combined refining capacity of more than 165 MMTPA (3.3 million BPD) in India ❖ Engineered 10 grass
Slide 18: International Presence
International Presence DORC , 650 kbpsd BPC, 68 kbpsd Mongol Sonatrach Grassroot Grassroot Refinery, Refinery Refinery Refinery 34 kbpsd Ongoing Overseas Projects: Rehabilitation cum Grassroot ❖ DORC, Nigeria , ~330 & 70 Petchem IBF Refinery ❖ Petchem Project – Branch / Representative Office kbpsd P
Slide 19: International Presence
International Presence Sonatrach DORC , 650 kbpsd BPC, 68 kbpsd Mongol Grassroot Grassroot Refinery, Refinery Refinery Ongoing Overseas Projects: Branch Office Rehabilitation , Refinery cum 34 kbpsd Grassroot ✓ DORC, Nigeria ~330 & 70 IBF ✓ ODUM Energy, Nigeria Petchem Refinery • Abu Dhabi kbpsd Pip
Slide 20: International Clientele - Focus in Overseas Geographies
International Clientele - Focus in Overseas Geographies Regions Key Clients Regions Key Clients Countries Countries Middle East UAE • ADNOC Group Companies (Formerly ADMA South-East Malaysia • Petronas OPCO; GASCO; TAKREER ; ZADCO; ADGAS; Indonesia • PT Pertamina (Persero) Borouge; FERTIL; etc) • PT
Slide 21: Recent Awards and Accolades
Recent Awards and Accolades Governance Now 10th PSU IT Award in May 2025 for best use of emerging technologies and Data analytics and Business Intelligence Women’s Leadership Award in Engineering and Sustainable Technology at the 5th Edition of the IOGTC 2025 Upstream Conference in April 2025 16th C
Slide 22: Financials and Order Book Overview
3 Financials and Order Book Overview Delivering Excellence Through People 21
Slide 23: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Total Income (INR mn)* Revenue Segmentation* Consulting Turnkey 40,000 60% 50% INR mn 40% 30% 56% 56% 55% 51% 49% 54% 30,000 45% 44% 46% 44% 20% 34,946 35,000 33,329 32,478 10% 30,427 0% 2020-21 2021-22 2022-23 2023-24 2024-25 20,000 2020-21 2021-2
Slide 24: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated EBITDA## Performance (INR mn)* 6,000 18% 17% 16% 14% 12% 4,000 12% INR mn 9% 9% 10% 5,123 8% 6% 2,000 6% 3,441 3,083 2,971 4% 1,949 2% 0 0% 2020-21 2021-22 2022-23 2023-24 2024-25 EBITDA (INR mn) - LHS EBITDA Margins (%) - RHS Note: All figures hav
Slide 25: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Profitability (INR mn)* Earnings per Share – EPS (INR)* Return on Net Worth (%)* INR Mn INR INR mn 8,000 40% 30,000 80% 20.0 26,693 35% 18.0 70% 25,000 16.0 22,463 6,000 5,798 30% 60% 14.0 19,615 20,000 25% 17,507 17,700 50% 4,453 12.0 10.3 4,000 1
Slide 26: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Dividend Distribution (INR mn)* 7,500 140% 120% 6,000 121% 100% 4,500 80% 60% 60% 60% 60% 60% 3,000 45% 49% 38% 40% 40% 29% 1,500 1,686 1,686 1,686 1,686 20% 1,124 0 0% 2020-21 2021-22 2022-23 2023-24 2024-25 Gross Dividend (INR) - LHS Dividend Pay
Slide 27: Annual Performance Summary – Standalone
Annual Performance Summary – Standalone Rs Mn TURNOVER 2024-25 2023-24 2022-23 2021-22 2020-21 Consultancy 16,788 14,543 14,179 14,575 13,833 Turnkey 13,496 17,779 18,659 14,129 17,214 Consultancy + Turnkey 30,284 32,322 32,838 28,704 31,047 Other Income 1,696 2,246 1,691 1,367 1,949 Total Income 31
Slide 28: Quarterly Performance Summary – Standalone
Quarterly Performance Summary – Standalone Rs Mn TURNOVER Q1 Q2 Q3 Q4 H1 H2 9M Annual Consultancy – Domestic 2617.89 2787.02 3087.54 4585.67 5404.91 7673.21 8492.45 13078.12 Consultancy - Overseas 847.53 1042.60 980.36 839.03 1890.14 1819.39 2870.49 3709.52 Consultancy Total 3465.42 3829.62 4067.90
Slide 29: Quarterly Performance Track Record - Standalone
Quarterly Performance Track Record - Standalone Total Income Consultancy Turnkey Other Income 10,000 INR Mn 8,000 6,000 5,425 4804 4947 4973 4544 4364 4627 4487 4161 3,885 4018 4,068 3,715 3,611 3,591 3,830 4,000 3,506 3,456 3,503 3,457 3,465 3434 2641 2935 2,000 669 926 272 257 493 466 292 561 377
Slide 30: Quarterly Performance Track Record – Standalone
Quarterly Performance Track Record – Standalone Segment Wise Operating Profit 3,000 Consultancy Turnkey 2,785 2,500 1,866 2,000 INR Mn 1,500 1,048 885 822 892 1,000 605 670 690 654 741 492 522 488 500 136 202 237 200 212 165 189 92 91 95 0 Q1 22-23 Q2 22-23 Q3 22-23 Q4 22-23 Q1 23-24 Q2 23-24 Q3 23-
Slide 31: Business Secured and Order Book – Standalone
Business Secured and Order Book – Standalone Rs Mn Business Secured FY 24-25 FY 23-24 FY 22-23 FY 21-22 FY 20-21 Consultancy Turnkey 1% Consultancy 100% 0% 34,996 7,964 6,477 16,515 14,550 (domestic) 44% 80% Consultancy 73% 62% 10,768 4,985 6,138 356 1,011 60% (overseas) 99% 100% 40% Consultancy Tot
Slide 32: Business Secured Break up – Standalone
Business Secured Break up – Standalone Consultancy Vs LSTK Consultancy Domestic Vs Overseas Consultancy LSTK Domestic Overseas 24% 44% 56% 76% Consulting Total Orders Segmental Break up Segmental Break up 5.79% 6.49% 3.22% 2.49% 1.15% HYDROCARBONS HYDROCARBONS INFRA INFRA 35.63% METAL, POWER & OTHER
Slide 33: Order Book Break up – Standalone
Order Book Break up – Standalone OBP: Consultancy Vs LSTK OBP: Domestic Vs Overseas 16% 43% 57% 84% Consultancy LSTK Domestic Overseas Note : Data on unconsolidated basis Delivering Excellence Through People 32
Slide 34: Capital Investments – as on FY 24-25
Capital Investments – as on FY 24-25 Description Investment 1 Investment 2 Investment 3 Investment 4 Name Ramagundam Fertilizer NELP IX : Two Upstream Assets Minority stake in LLC-BEO (Bharat Project Numaligarh Refinery Ltd. Energy Office) (CB-ONN-2010 / 8) CB-ONN-2010 / 11 Implemen-ting M/s Ramagun
Slide 35: Major Order secured in FY 2024-25
4 Major Order secured in FY 2024-25 Delivering Excellence Through People 34
Slide 36: Q4 FY24-25 : Salient Orders Secured
Q4 FY24-25 : Salient Orders Secured Service Contract Value Project scope Client Award Date Completion Date Type (Rs. Million) Domestic Project Management Consultant (PMC) Services for Lube Hindustan Petroleum Consultancy 2220 January 2025 January 2028 Modernization and Bottoms Upgradation (LMBU) Pro
Slide 37: Q3 FY24-25 : Salient Orders Secured
Q3 FY24-25 : Salient Orders Secured Contract Value Service Type Project scope Client Award Date Completion Date (Rs. Million) Domestic Development of IIT Jammu Phase-B (On Depository Depository IIT Jammu 12696 October 2024 March 2028 Basis) Project Management Consultancy Services for C2/C3 Consultan
Slide 38: Q2 FY24-25 : Salient Orders Secured
Q2 FY24-25 : Salient Orders Secured Service Contract Value Project scope Client Award Date Completion Date Type (Rs. Million) Domestic Engineering Consultancy Services for 4 Nos. WHPs for DUDP Oil and Natural Gas Consultancy 263 July 2024 April 2026 under DUDP-WP project Corporation (ONGC) Design En
Slide 39: Q2 FY24-25 : Salient Orders Secured (Contd.)
Q2 FY24-25 : Salient Orders Secured (Contd.) Service Contract Value Project scope Client Award Date Completion Date Type (Rs. Million) Overseas FEED Development and ITB preparation for Energy Efficiency Kuwait National Petroleum Consultancy 230 July 2024 May 2025 Improvement Capital Project at MAA R
Slide 40: Q1 FY24-25 : Salient Orders Secured
Q1 FY24-25 : Salient Orders Secured Contract Value Service Type Project scope Client Award Date Completion Date (Rs. Million) Domestic Execution of TNT Plant at HEF, Khadki on Open Book Munitions India Limited LSTK-OBE 4182 April 2024 January 2027 Estimate (OBE) Basis (MIL) Convention Centre at Adva
Slide 41: Orders in hand
5 Orders in hand Delivering Excellence Through People 40
Slide 42: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Refinery and Petrochemical Projects Ethylene Cracker and U&O for Bina Petrochemical & Refinery Expansion Project (MPMC, EPCM/ BPCL Bina PMC) Paradip Petrochemical Project (MPMC, PMC-2 and PMC-1 Packages) IOCL Paradip EPCM Services for Panipat Re
Slide 43: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Pipeline Projects PMC Services for Dobhi-Durgapur-Haldia Pipeline Project GAIL Dobhi-Durgapur-Haldia EPCM Services for Crude Oil Terminal (COT) at Paradip, Paradip Numaligarh Crude Oil Pipeline NRL Paradip, Numaligarh, Siliguri (PNCPL) and NRL S
Slide 44: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Infrastructure Projects Independent Engineer (IE) services for (1) Greenfield Noida International Airport, Jewar, Uttar Pradesh; NIAL; Uttar Pradesh; Andhra (2) Greenfield Bhogapuram International Airport at Vishakapatnam and (3) Upgradation & A
Slide 45: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Overseas Projects Dangote Refinery & Petrochemical Project DORC Nigeria PMC Services for Crude Oil Refinery in Mongolia Mongol Refinery Mongolia Guyana Power and Gas Consulting Services for the Supervision of the Guyana Integrated NGL Plant Inc.
Slide 46: Outlook
6 Outlook Delivering Excellence Through People 45
Slide 47: Oil & Refining Capacity Outlook
Oil & Refining Capacity Outlook Global oil demand is projected to reach 112.3 million barrels a day (mb/d) in 2029, representing a strong increase of 10.1 mb/d compared to 2023 As per EIA, Global liquid fuels production to increase by 1.4 million barrels per day (b/d) in 2025 and 1.3 million b/d in
Slide 48: Petrochemical and Chemical Outlook India
Petrochemical and Chemical Outlook India Globally, Petrochemicals demand is rising, driven by population growth, urbanisation, and industrialisation In India, Petrochemicals is the third-largest contributor to manufacturing GDP & poised for significant expansion in market size and global share India
Slide 49: Gas Economy and Energy Transition
Gas Economy and Energy Transition India’s ambitious push to transition toward cleaner energy puts natural gas at the heart of country’s evolving energy mix India's natural gas consumption is forecast to increase by nearly 60% by 2030, driven by robust growth in city gas distribution, industrial dema
Slide 50: Opportunities in Diversified Sectors
Opportunities in Diversified Sectors 12 new Smart Industrial city Budget 2025-26, allocates INR projects planned under the National 11.21 lakh crore for Industrial Corridor Development infrastructure sector. Programme (NICDP) Expenditure of INR 143 lakh crore India has a growing data center (US$ 1,7
Slide 51: Outlook: Sunrise Sectors
Outlook: Sunrise Sectors GREEN BIO FUELS/ ENERGY STEEL FERRO-ALLOY DEFENCE & HYDROGEN ALT FUELS TRANSITION & RENEWABLES NUCLEAR Hydrogen blending in gas Govt sets target of 1%, 2% CCUS: Capturing CO2 from Installing 300 MT steel 81 PPP Projects, valued at grid and its utilization in and 5% blending
Slide 52: Avenues for Growth
Avenues for Growth ⚫ Alliances in Core ⚫ Collaborative and Diversified Technology sectors for Growth ⚫ Focused Development ⚫ Alliances to breach Diversification in ⚫ Expand in Middle ⚫ Net Zero Green entry barriers Biofuels, Urban East, Africa, technologies (SAF) ⚫ Consolidate core Infrastructure, C
Slide 53: Disclaimer
Disclaimer This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities
Slide 54: THANK YOU
THANK YOU Delivering Excellence Through People 53