📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Engineers India Appoints Praveen M. Khanooja as Additional Charge CMD
Engineers India Limited (EIL) has announced that Shri Praveen M. Khanooja has been entrusted with the additional charge of Chairman & Managing Director (CMD) effective March 1, 2026. Mr. Khanooja is a 1994 batch IA&AS officer and currently serves as Additional Secretary in the Ministry of Petroleum & Natural Gas. His extensive background includes roles in the Ministry of Finance and international audit experience with organizations like FAO and WTO. This appointment ensures leadership continuity at the helm of the PSU under the administrative control of the MoPNG.
Key Highlights
Shri Praveen M. Khanooja takes additional charge as CMD effective March 1, 2026
He is a 1994 batch Indian Audit & Accounts Service (IA&AS) officer with B.Tech and M.Tech qualifications
Currently serves as Additional Secretary in the Ministry of Petroleum & Natural Gas since August 2022
Extensive international experience conducting audits for FAO, WIPO, WTO, and UNITAID
💼 Action for Investors
Investors should monitor for the appointment of a permanent CMD for long-term strategic clarity, though this interim arrangement ensures administrative continuity. No immediate portfolio action is required based on this leadership transition.
Engineers India Appoints Praveen M. Khanooja as Interim CMD for Three Months
Engineers India Limited (EIL) has announced that Shri Praveen M. Khanooja, Additional Secretary at the Ministry of Petroleum & Natural Gas (MoPNG), has been entrusted with the additional charge of Chairman & Managing Director. This appointment is effective from March 1, 2026, for a period of three months or until a regular incumbent is appointed. The move ensures leadership continuity following the vacancy in the top post. As a Public Sector Undertaking (PSU), such interim arrangements are common while the government finalizes a permanent selection.
Key Highlights
Shri Praveen M. Khanooja (DIN: 09746472) appointed as interim CMD effective March 1, 2026.
The additional charge is valid for 3 months or until a permanent appointment is made.
Appointment approved by the Ministry of Petroleum & Natural Gas (MoPNG).
Mr. Khanooja currently serves as the Additional Secretary within the MoPNG.
💼 Action for Investors
Investors should view this as a routine administrative transition and monitor for the announcement of a permanent CMD to assess long-term leadership stability.
Engineers India CMD Vartika Shukla Retires Effective March 1, 2026
Engineers India Limited (EIL) has announced that Smt. Vartika Shukla has ceased to be the Chairman and Managing Director (CMD) of the company effective March 1, 2026. This transition follows her reaching the age of superannuation on February 28, 2026. The change is a routine retirement and was disclosed in compliance with SEBI Listing Obligations. Investors should look for subsequent announcements regarding the appointment of a successor to lead the PSU.
Key Highlights
Smt. Vartika Shukla (DIN: 08777885) retired as Chairman and Managing Director.
The cessation of office is effective from March 1, 2026.
The retirement follows the completion of her term on attaining superannuation on February 28, 2026.
The filing was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
💼 Action for Investors
Monitor for the announcement of a new CMD or interim leadership to ensure continuity in project execution and strategic goals. This is a planned retirement and typically does not impact short-term fundamentals.
Engineers India Declares Second Interim Dividend of ₹1.50 Per Share for FY 2025-26
Engineers India Limited (EIL) has declared its second interim dividend of ₹1.50 per equity share for the financial year 2025-26. The dividend is calculated on a face value of ₹5 per share. The company has established March 6, 2026, as the record date to identify eligible shareholders. Payments are scheduled to commence on March 20, 2026, ensuring distribution within the 30-day statutory window.
Key Highlights
Second interim dividend of ₹1.50 per equity share declared for FY 2025-26
Dividend payout is based on a face value of ₹5 per share
Record date for determining shareholder eligibility is set for March 6, 2026
Dividend payment to commence from March 20, 2026
💼 Action for Investors
Investors interested in the dividend should ensure they hold the stock before the record date of March 6, 2026. This announcement reinforces the company's track record of consistent shareholder returns.
Engineers India to Consider 2nd Interim Dividend on Feb 26; Record Date Set for March 6
Engineers India Limited (EIL) has scheduled a Board Meeting on February 26, 2026, to consider and approve a second interim dividend for the financial year 2025-26. The company has proactively fixed March 6, 2026, as the record date to determine shareholder eligibility for the payout. In compliance with insider trading regulations, the trading window for the company's securities is closed from February 17 to February 28, 2026. This move indicates a continuation of the company's policy to distribute surplus cash to its shareholders.
Key Highlights
Board meeting scheduled for February 26, 2026, to approve the 2nd interim dividend for FY 2025-26.
Record date for dividend eligibility is fixed as Friday, March 6, 2026.
Trading window for EIL securities closed from February 17, 2026, to February 28, 2026.
Trading window is set to re-open on March 2, 2026.
The dividend, if declared, will be paid to shareholders appearing in the register as of the close of business on the record date.
💼 Action for Investors
Investors interested in dividend income should watch for the dividend amount announcement on February 26 and ensure they hold the stock before the March 6 record date.
Engineers India Board to Consider 2nd Interim Dividend on Feb 26; Record Date Set for March 6
Engineers India Limited (EIL) has scheduled a board meeting for February 26, 2026, to consider and approve a second interim dividend for the financial year 2025-26. The company has fixed March 6, 2026, as the record date to determine the eligibility of shareholders for this potential payout. In compliance with insider trading regulations, the trading window for EIL securities is closed from February 17 to February 28, 2026. This move signals a continuation of the company's policy to return value to shareholders through periodic dividends.
Key Highlights
Board meeting scheduled for February 26, 2026, to approve the 2nd interim dividend for FY 2025-26.
Record date for dividend eligibility established as Friday, March 6, 2026.
Trading window for insiders closed from February 17, 2026, to February 28, 2026.
Dividend payment is subject to board approval and will be paid to shareholders on record as of March 6.
💼 Action for Investors
Investors interested in dividend income should monitor the board meeting outcome on February 26 for the specific dividend amount. To be eligible for the payout, shares must be held in the demat account by the record date of March 6, 2026.
Engineers India Q3 PAT Surges 243% YoY; Order Book Hits Record ₹15,670 Crores
Engineers India Limited (EIL) reported a stellar Q3 FY26 performance with PAT jumping 243% YoY to ₹302 crores and revenue growing 59% to ₹1,194 crores. The company achieved its highest-ever order book of approximately ₹15,670 crores as of early 2026, bolstered by a significant ₹3,250 crore order win in January. Operating margins saw a sharp improvement to 28% in Q3, driven by a strong execution mix and consultancy projects. Management expects to cross ₹4,000 crores in revenue for the full fiscal year with continued momentum in order inflows.
Key Highlights
Q3 FY26 PAT increased by 243% YoY to ₹302 crores, while PBT rose 235% to ₹395 crores.
Total order book reached a record high of ₹15,670 crores following a ₹3,250 crore order win in January 2026.
Operating margins expanded significantly to 28% in Q3 FY26 compared to 11% in the previous quarter.
9-month FY26 turnover grew 45% YoY to ₹2,951 crores with a healthy EPS of ₹8.66.
Consultancy segment continues to provide high margins of 20-25%, while Turnkey projects maintain around 7%.
💼 Action for Investors
Investors should note the record-high order book and sharp margin expansion as strong indicators of future revenue visibility and improved profitability. The company remains a key beneficiary of the ongoing hydrocarbon and industrial capex cycle in India and abroad.
Engineers India Q3 PAT Jumps 242% YoY to ₹301.7 Cr, Revenue Up 59%
Engineers India Limited (EIL) reported a stellar performance for Q3 FY26, with standalone revenue growing 59% YoY to ₹1,193.6 crore. Net profit saw a massive surge of 242% YoY to ₹301.7 crore, significantly aided by a one-time contractual adjustment. This adjustment, related to the mechanical completion of a turnkey project, contributed ₹226.5 crore to revenue and ₹213.6 crore to profit. While the turnkey segment was the primary growth driver, the consultancy segment also showed steady growth.
Key Highlights
Standalone Revenue from Operations rose 59% YoY to ₹1,193.6 crore from ₹750.2 crore.
Standalone Net Profit (PAT) surged 242% YoY to ₹301.7 crore compared to ₹88.1 crore in the previous year.
Turnkey segment revenue more than doubled YoY to ₹720.1 crore, significantly boosted by a ₹226.5 crore project price adjustment.
Consultancy & Engineering segment revenue grew 16.4% YoY to ₹473.5 crore.
Earnings Per Share (EPS) for the quarter increased to ₹5.37 from ₹1.57 YoY.
💼 Action for Investors
While the headline numbers are exceptionally strong, investors should account for the one-time nature of the ₹213.6 crore profit adjustment in the turnkey segment. The core consultancy business remains stable, and the stock remains a key play in India's hydrocarbon and infrastructure engineering space.
EIL Secures $350M+ Contract for Dangote Refinery Expansion to 1.4 Million BPD
Engineers India Limited (EIL) has signed a major contract worth over US $350 million with the Dangote Group to expand Africa's largest refinery in Nigeria. The project aims to more than double the refining capacity from 650,000 to 1.4 million barrels per day, potentially making it the world's largest single-location refinery. EIL will act as the Project Management Consultant (PMC) and EPCM Consultant for the expansion, which also includes a massive increase in polypropylene production to 2.4 MMTPA. This high-value international contract significantly strengthens EIL's order book and global standing in the hydrocarbon consultancy sector.
Key Highlights
Contract value exceeds US $350 million for PMC and EPCM consultancy services
Refining capacity to expand from 650,000 bpd to 1.4 million bpd (Train 2)
Polypropylene production capacity to increase from 830 kTPA to 2.4 MMTPA
Project includes revamping existing units and installing a new 1.2 MMTPA PPU and 750 kTPA Oleflex Unit
Reinforces EIL's position as a premier global engineering consultant for complex energy projects
💼 Action for Investors
Investors should view this as a highly positive development that provides long-term revenue visibility and enhances EIL's international profile. The high-margin nature of consultancy contracts of this scale is likely to be accretive to the company's bottom line.