Financial Performance Summary

Revenue and Profitability:

  • Revenue from Operations: ₹3,592 million in Q1 FY27, representing 49.09% YoY growth from ₹2,409 million in Q1 FY26
  • Quarter-over-Quarter: Revenue decreased 15.94% from ₹4,273 million in Q4 FY26
  • EBITDA: ₹757 million in Q1 FY27, showing 17.87% YoY growth from ₹642 million in Q1 FY26
  • EBITDA Margin: 21.07% in Q1 FY27, declining 558 basis points from 26.65% in Q1 FY26
  • Quarter-over-Quarter EBITDA: Decreased 5.29% from ₹799 million in Q4 FY26
  • EBITDA Margin improved 237 basis points from 18.70% in Q4 FY26
  • PAT: ₹452 million in Q1 FY27, showing 6.47% YoY growth from ₹425 million in Q1 FY26
  • PAT Margin: 12.38% in Q1 FY27, declining 466 basis points from 17.05% in Q1 FY26
  • Quarter-over-Quarter PAT: Decreased 16.76% from ₹543 million in Q4 FY26
  • PAT Margin remained largely flat with 2 basis points improvement from 12.37% in Q4 FY26

Order Book Position:

  • Total Order Book: ₹67,208 million providing strong revenue visibility for FY27
  • Water & Wastewater Treatment execution order book: ₹26,962 million
  • Renewable Energy order book: ₹29,080 million
  • Operation & Maintenance (O&M) order book: ₹11,166 million

Key Business Developments

Water Infrastructure Projects:

  • Awarded two Hybrid Annuity Model (HAM) projects aggregating ₹2,569 million by Uttar Pradesh Jal Nigam (Rural) under the Namami Gange Programme
  • ₹1,301 million for 60 MLD Sewage Treatment Plant at Lohta, Varanasi
  • ₹1,268 million for 45 MLD Sewage Treatment Plant at Pt. Deen Dayal Upadhyay Nagar, Varanasi
  • Both projects to be executed through wholly owned Special Purpose Vehicles (SPVs)
  • Secured ₹1,135 million EPC and Operation & Maintenance project from Sardar Sarovar Narmada Nigam Limited for water infrastructure development in Gujarat

Renewable Energy Expansion:

  • Through step-down subsidiary Suyog Urja Limited, secured ₹2,075 million contract from CGE 30 Hybrid Energy Private Limited
  • Scope includes land aggregation and Balance of Plant (BoP) work for hybrid renewable energy project
  • Project scheduled for completion by June 30, 2027

Management Commentary

Mr. Sanjay Jain, Chairman, commented on the company's strategic direction:

  • Q1 FY27 reflects continued focus on strengthening position in water and wastewater infrastructure sector while expanding presence across renewable energy and environmental infrastructure
  • Maintained steady execution across core water infrastructure business
  • Strengthened renewable energy platform across solar, wind and Battery Energy Storage Systems (BESS)
  • Diversified order book across water infrastructure, renewable energy and battery storage provides strong revenue visibility and supports long-term growth strategy
  • Company well positioned to capitalize on increasing investments in water security, renewable energy and sustainable infrastructure across India

Company Overview

Enviro Infra Engineers Limited, incorporated in 2009 and headquartered in New Delhi, specializes in:

  • Design, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs)
  • Water Supply Scheme Projects (WSSPs) for government authorities across India
  • Expertise includes Sewage Treatment Plants (STPs), Sewerage Schemes (SS), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), pumping stations and water supply pipelines
  • Advanced treatment technologies including Zero Liquid Discharge (ZLD) solutions
  • Diversified into renewable energy through subsidiary EIE Renewables with capabilities across solar, wind and Battery Energy Storage Systems (BESS)
  • Projects supported by government initiatives including Atal Mission for Rejuvenation and Urban Transformation (AMRUT), National Mission for Clean Ganga (NMCG) and Jal Jeevan Mission (JJM)