New Order Utilities NSE: EIEL

Enviro Infra Engineers Secures ₹256.92 Cr EPC Orders for Varanasi Sewage Infrastructure

By Published NSE Filing · 4 min read
Enviro Infra Engineers Secures ₹256.92 Cr EPC Orders for Varanasi Sewage Infrastructure

Enviro Infra Engineers Ltd — New Order · EIEL

Order Value

₹256.92 Cr

Varanasi Projects

Market Cap

₹4,213.6 Cr

Mid Cap

Revenue TTM

₹1,145.6 Cr

Utilities Sector

Day RSI

71.11

Overbought

! Key Highlights

  • Awarded two EPC contracts by Uttar Pradesh Jal Nigam (Rural) under the Namami Gange Programme
  • Combined project value of ₹256.92 crore for 45 MLD and 60 MLD sewage treatment plants
  • Company expands its Hybrid Annuity Model (HAM) portfolio to a total of five projects
  • Integrated renewable energy systems including biogas-based and solar power generation
  • Secured in-principle approvals for term loans to ensure timely financial closure

Enviro Infra Engineers Limited has secured two prestigious Hybrid Annuity Model (HAM) projects worth ₹256.92 crore in Varanasi, Uttar Pradesh. The orders involve developing 105 MLD of sewage treatment capacity and include 15-year operation and maintenance commitments.

What Is the Order?

The company has secured two EPC contracts from Uttar Pradesh Jal Nigam (Rural) for the development of energy-efficient sewage treatment infrastructure. The first project involves a 45 MLD Sewage Treatment Plant (STP) at Pt. Deen Dayal Upadhyay Nagar valued at ₹126.78 crore.

The second project focuses on a 60 MLD STP at Lohta, Varanasi, valued at ₹130.14 crore. Both projects include associated infrastructure and a long-term commitment for Operations & Maintenance (O&M) spanning 15 years. These facilities are designed as self-sustaining units, utilizing integrated biogas and solar energy solutions to maximize operational efficiency.

Business Impact

  • Strengthens position as a leading developer and executor of long-term water infrastructure under the HAM model.
  • The 15-year O&M period provides a predictable, long-term revenue stream beyond the initial construction phase.
  • Integrated biogas plants will convert sludge into electricity, addressing waste management while reducing utility costs.
  • Solar installations across rooftop and ground spaces will lower daytime operating expenses and carbon footprints.
  • Immediate financial preparedness is demonstrated through secured in-principle term loan approvals for both projects.

Financial Context

Enviro Infra Engineers currently maintains a trailing twelve-month revenue of ₹1,145.6 crore and a net profit of ₹185.41 crore. The company has demonstrated robust short-term momentum with a month-over-month price increase of approximately 30%. While annual net profit growth was modest at 3.77%, quarterly revenue growth reached a significant 70.91% in the most recent results.

The stock is currently trading at a Price-to-Earnings (PE) ratio of 22.73, which remains below the sector PE of 29.99, while the promoter holding remains stable at 70.19%.

Management Perspective

Our focus remains on delivering high-quality, sustainable, and timely solutions that contribute to the nation’s water management and sanitation goals. We are committed to maintaining the highest standards of engineering and execution.

— Mr. Sanjay Jain, Chairman, Enviro Infra Engineers Limited

Enviro Infra Engineers Ltd — Financial Snapshot

BSE: 544290 · NSE: EIEL · Utilities

Current Market Price ₹240.05 per share
Market Capitalisation ₹4,213.60 Cr BSE Listed
Revenue (Annual) ₹1,145.60 Cr Operating
Net Profit (Annual) ₹182.95 Consolidated
P/E Ratio (TTM) 22.73× Sector: 29.99×
Promoter Holding 70.19% +0.06% QoQ
FII Holding 0.58% Current Qtr

"We are proud to have been entrusted with these significant projects by Uttar Pradesh Jal Nigam (Rural) under Namami Gange Programme."

— Mr. Sanjay Jain, Chairman

Source Verified

Exchange filing by Enviro Infra Engineers Limited announcing the receipt of new EPC orders in Varanasi. Financial metrics from Trendlyne.

View Filing
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