Engineers India Share Price Graph and News

Engineers India Share Price Graph and News

Engineers India Limited (EIL) is an engineering consultancy company providing design engineering procurement construction and integrated project management services principally focused on the oil and gas and petrochemical industries in India and internationally. This company operates in a diverse set of other sectors including non-ferrous mining and metallurgy and infrastructure. Engineers India Limited is also a primary provider of engineering consultancy services for GoI’s energy security initiative under its Integrated Energy Policy for strategic crude storage. This company is a public-listed company under the Ministry of Petroleum and Natural Gas. The article is going to focus on Engineers India Share Price Graph And News.

Engineers India Share Price Graph

Engineers India Share Price Graph

About the Company

Engineers India Limited (EIL) is a Navratna public-sector undertaking of the Government of India under the Ministry of Petroleum and Natural Gas. This company was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. Engineers India Limited has its head office at Bhikaji Cama Place, New Delhi. This company also has an R&D complex at Gurgaon, which is a branch office in Mumbai. Engineers India Limited’s regional offices at Kolkata, Chennai, Vadodara, and inspection offices at all major equipment manufacturing locations in India. This company’s overseas offices are in London (England), Italy, China, Abu Dhabi, and Malaysia. Engineers India Limited (EIL) has two wholly owned subsidiaries. The first one is EIL Asia Pacific Sdn Bhd located in Malaysia. The second one is Certification Engineers International Ltd, which is undertaking Independent Certification, and Third-Party Inspection (TPI) assignments.

Company Summary

Engineers India Limited (EIL) was incorporated in 1965. This company is engaged in the business of providing engineering and related technical services for petroleum refineries and other industrial projects. Engineers India Limited has broadened its activities in other areas like pipelines, petrochemicals, oil and gas processing, offshore structures and platforms, fertilizers, metallurgy, and power.

Engineers India Limited has emerged as Asia’s leading design and engineering company. This company offers a complete range of project services. In order to offer its services, Engineers India Limited has explored new areas like highways and bridges, IT, airports, mass rapid transport systems, ports and terminals, power projects, non–conventional/renewable energy sources, specialist materials and maintenance services, intelligent buildings, water, and urban development projects.

ISO Certification

Engineers India Limited (EIL) has received ISO 9001:2000 certifications for quality management. Internationally this company’s offices are located in London, Abu Dhabi, Kuwait, Qatar, Malaysia, and Australia. Engineers India Limited is engaged in the business of undertaking independent certification and third-party inspection assignments.

Joint Ventures and Alliances

Engineers India Limited (EIL) has formed strategic alliances with various companies such as the UK–based VAI Industries for iron and steel plants, Deutsche Montan Technologies GmbH of Germany for coke oven–by-product plants or gas cleaning systems, IOCL (R&D) for technology and catalyst for DHT and hydrotreater projects in India; GAIL India for overseas projects in LPG extraction and Pipeline transfer and many more.

EIL has set up a 50:50 joint venture company with Tata Projects viz., TEIL Projects for undertaking EPC projects for hydrocarbon, power and also other sectors has already been incorporated. Moreover, for executing EPC projects in UAE, the company has formed a JV with Tecnimont S.p.A., Italy.

Services

EIL is capable to provide services from concept to commissioning in petroleum, refining, petrochemicals, pipelines, offshore oil and gas, onshore oil and gas, terminals and storages, mining and metallurgy, infrastructure sector and its association with clients extend beyond the commissioning of their plants through monitoring the operation of each plant and accumulating feedback on its performance.

Registered Address

Engineers India House,
1, Bhikaji Cama Place,
New Delhi, Delhi, 110066
Phone: 011-26762121
Fax: 011-26178210/ 011-26194715
Email: [email protected]
Website: http://www.engineersindia.com
Group: Public Sector.

Registrars

Karvy Fintech Pvt. Ltd.
Karvy Selenium Tower B,
Plot No. 31-32, Gachibowli,
Hyderabad – 500032, Telangana.
Phone: 040-67161500, 67162222
Fax: 040-23420814, 23001153
Email: [email protected]
Website: http://www.karvyfintech.com

Engineers India Share Price Analysis with Company Financials :

Engineers India Limited’s key Products or Revenue Segments include Engineering Consultancy which contributed Rs.1368.03 Crore which contributed to Sales Value 76.52 % of Total Sales. Turnkey Project of this company which contributed Rs.408.29 Crore to Sales Value 22.84 % of Total Sales. Also, Other Operating Revenue of Engineers India Limited which contributed Rs.11.26 Crore to Sales Value 0.62 % of Total Sales for the year ending 31st March 2018.

Engineers India Financial Statements

For the quarter ended 31st December 2018, Engineers India Limited has reported Standalone sales of Rs.577.00 Crore, down -15.32 % from last quarter’s Sales of Rs.681.41 Crore and up 21.88 % from last year’s same quarter Sales of Rs.473.42 Crore. Moreover, Engineers India Limited has reported a net profit after tax of Rs.90.77 Crore in the latest quarter.

The market cap of the company was at 7,222.75, the industry P/E ratio was 18.35 and the Price/Book Value was 3.09.

The Board of Directors of the Company

  • Jagdish Chander Nakra is the Chairman and Managing Director of this company.
  • Sunil Bhatia is the Finance Director of the company.
  • Lalit Kumar Vijh is the Technical Director of this company.
  • Arusha Vasudev is the Non-Official Independent Director of this company.
  • Umesh Chandra Pandey is also one of the Non-Official Independent Directors of the company.
  • Chaman Kumar is another Non-Official Independent Director of this company.
  • Ashish Chatterjee is the Government Nominee Director of the company.
  • Vipin Chander Bhandari is the Human Resources Director of this company.
  • Rakesh Kumar Sabharwal is the Commercial Director of the company.
  • Mukesh Khare is one of the Non-Official Independent Directors of this company.
  • Vikas Khushalrao Deshpande is also the Non-Official Independent Director of the company.
  • Shazia Ilmi Malik is another Non-Official Independent Director of this company.
  • Rajesh Kumar Gogna is also the Non-Official Independent Director of the company.
  • Sandeep Poundrik is the Government Nominee Director of this company.

News of the Company

Dated 12th February 2019, reported that Buy Engineers India at a price target of Rs.158. The MoU is for Project Management Consultancy services for the construction of an oil refinery plant in Mongolia by Engineers India Limited on 10th February 2019. In the dated 06th February 2019, reported that ET first reported on January 18 that GAIL was planning to cancel some contracts awarded to IL&FS last year.

Final Thoughts about Engineers India Share Price

In conclusion, the Engineers India share price is a good option for those looking to invest in the Indian stock market. Investing in EIL shares carries high potential rewards for investors, while at the same time balancing risk. Moreover, with its presence in around 86 countries and continued growth, Engineers India Limited stands out as one of the largest engineering consultancy firms with a trusted reputation. For investors looking to diversify and grow their portfolio, EIL is an ideal investment interface that could potentially yield positive returns over a long-term period.

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