Engineers India share price target

Engineers India Share Price Target 2025, 2026, 2030, 2040, 2050

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Engineers India is owned by the Indian government, started in 1965. It helps plan and manage big projects for industries like oil, gas, energy, and infrastructure. At first, it mainly worked on oil and gas projects, but now it also works in areas like petrochemicals, fertilisers, metals, mining, and water treatment. It handles every step of a project, from planning and designing to buying materials, building, and completing the work. The company works not only in India but also in other countries such as those in the Middle East, Africa, and South Asia. It also uses new technology and has its own research team, with more than 125 patents for the ideas and technologies it has developed.

What is Engineers India Ltd NSE: ENGINERSIN?

Engineers India was established in 1965, is situated in New Delhi, and is owned by the Government of India under the Ministry of Petroleum and Natural Gas. It mainly works in the oil and gas sector, but it also handles projects in areas like petrochemicals, infrastructure, water treatment, power, and fertilisers. The company provides complete project services from planning and design to construction and commissioning, and it has worked on many major industrial projects in India as well as in other countries. It plays an important role in building large refineries and industrial plants, and its strong technical expertise and government backing make it a key player in India’s infrastructure and energy development.

Engineers India Share Price Target

Engineers India Share Price Target 2025

It is a large company owned by the Indian government. The main reason for creating the company was to help India develop its own skills to handle big industrial projects, so the country would not always need help from foreign companies. At first, it mainly worked in the oil and gas field, where it helped design and build refineries and pipelines. As the years passed, the company grew, gained more experience, and became well-known for its good work. In 2025, its share price target would be ₹278, as per stock market analysts.

According to stock market analysts, its share price would be between ₹142 to ₹278 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
2025142278
MonthMinimum Price  (Rs)Maximum Price (Rs)
January153189
February148179
March142174
April148187
May166239
June213245
July212255
August189213
September191218
October193208
November175237
December171250

Engineers India Share Price Target 2026

Its main work is to provide its services and manage big industrial projects. The company provides services to a project from the very beginning idea until everything is fully ready and working. The company plans, designs, and buys the needed items, helps in construction, tests machines, and makes sure the plant runs properly in the end. Many government and private companies trust the company because it has many years of experience, skilled workers, and a good record of finishing big projects successfully. In 2050, its share price target would be ₹405, as per stock market analysts.

Its share price would be between ₹237 to ₹405 in 2050, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
2026237405
MonthMinimum Price  (Rs)Maximum Price (Rs)
January237278
February245288
March248300
April253310
May259317
June267325
July272332
August277341
September289358
October297374
November310388
December321405

Share Price Target 2027

It provides many different services needed for large projects. It checks if a project is possible, makes detailed designs, checks safety and quality, inspects machines, supervises construction, and also helps start the plant after it is built. It also provides extra services like environmental solutions, energy-saving ideas, technical checks, and plans to improve old factories.  In 2027, its share price target would be ₹534, as per stock market analysts.

According to stock market analysts, its share price would be between ₹387 to ₹534 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
2027387534

Share Price Target 2028

It focuses a lot on research and new technology. It has its own R&D team that works on developing new ideas, especially for oil refining and gas processing. EIL has created many of its own technologies and owns more than 125 patents. It invents things instead of depending on foreign companies. These patents give the company a strong advantage and help India become more self-reliant in technology. This also makes the company more trusted in big projects where advanced knowledge is needed. In 2028, its share price target would be ₹655, as per stock market analysts.

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Its share price would be between ₹520 to ₹655 in 2028, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
2028520655

Share Price Target 2029

It has worked on many of India’s biggest and most important industrial projects. These include oil refineries, petrochemical plants, fertiliser factories, gas plants, offshore oil platforms, and long-distance pipelines. The company has also helped upgrade old plants to make them safer and more efficient. Many well-known refineries in India were designed or managed by the company, which shows the high level of trust the company has built.  In 2029, its share price target would be ₹783, as per stock market analysts.

According to stock market analysts, its share price would be between ₹630 to ₹783 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
2029630783

Engineers India share price Target 2030

It does not work only in India. It has completed important projects in other countries too, especially in the Middle East, Africa, and South Asia. Some of its big projects include refineries, petrochemical plants, and pipelines in places like Nigeria, Algeria, Kenya, Mongolia, and the UAE. By doing work outside India, the company also brings foreign money into the country and helps build a good global image for Indian engineering. In 2030, its share price target would be ₹906, as per stock market analysts.

Its share price would be between ₹768 to ₹906 in 2030, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
2030768906
MonthMinimum Price  (Rs)Maximum Price (Rs)
January768810
February770822
March773835
April775847
May778855
June783867
July788875
August793879
September798882
October810890
November827894
December842906

Share Price Target 2040

It has a clear vision and mission to guide its work. Its vision is to become a world leader in engineering and energy solutions that support a better and cleaner future. Its mission is to deliver high-quality services, follow ethical values, focus on innovation, keep customers happy, and help India grow industrially. So the company is not just trying to make a profit but also wants to support the country and create long-term value through good work and technology.  In 2040, its share price target would be ₹1728, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1591 to ₹1728 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204015911728
MonthMinimum Price  (Rs)Maximum Price (Rs)
January15911620
February15971634
March16101639
April16171641
May16251650
June16291657
July16311668
August16331679
September16391682
October16411699
November16451710
December16491728

Share Price Target 2050

Since it was formed in 1965, it has achieved many important steps. It first started as an engineering consultant, then entered the petrochemical field in 1969, and later worked on big pipeline and refinery projects in the 1980s. In the 1990s, it received ISO certification for quality, and in 2014, it was given “Navratna” status by the Indian government, which is only given to the best public sector companies. These achievements show how it grew from a small support company into a large, well-known organisation with work in both India and other countries. In 2050, its share price target would be ₹2690, as per stock market analysts.

Its share price would be between ₹2513 to ₹2690 in 2050, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
205025132690
MonthMinimum Price  (Rs)Maximum Price (Rs)
January25132568
February25202584
March25272590
April25332610
May25412621
June25482627
July25582638
August25672645
September25752655
October25812667
November25902678
December26102690

Should I buy Engineers India stock?

YearMinimum Price (Rs)Maximum Price (Rs)
2025142278
2026237405
2027387534
2028520655
2029630783
2030768906
204015911728
205025132690

The company has very little debt and has been working on big engineering projects in India for many years, which makes it a safe and trusted company for long-term investment. But its growth has not been very fast in recent years, and the company depends on getting new big projects to make more profit. The current share price may also already be high, so it may not give quick returns. If you want slow and steady returns for the long term, it can be a good option, but it may not be the best choice if you want fast profit.

Engineers India earnings results

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +3,2373,1442,9133,3303,2813,0883,334
Expenses +2,7812,7922,5673,0202,9822,5732,801
Operating Profit455352346310299514533
OPM %14%11%12%9%9%17%16%
Other Income +25534130164219160158
Interest4633552
Depreciation24242426354040
Profit before tax683356449446478630648
Tax %36%27%24%23%25%25%
Net Profit +424249140346445580554
EPS in Rs6.714.432.486.167.9210.329.84
Dividend Payout %77%45%121%49%38%39%

Key Metrics

TTM PE RatioPB RatioDividend YieldSector PESector PBSector Div Yld
20.434.241.99%40.716.070.62%  

Peers & Comparison

StockPE RatioPB RatioDividend Yield
Engineers India Ltd19.514.241.99%
Larsen and Toubro Ltd36.414.740.85%
GMR Airports Ltd-251.31-55.58
NBCC (India) Ltd58.7011.890.57%

Is Engineers India stock good to buy? (bull case & bear case)

Engineers India share price target

Bull Case:

  • It has a large order book of about ₹11,700 crore (March 2025), showing it already has many confirmed projects to work on.
  • Around 45% of new orders are not from oil & gas, which shows the company is slowly entering new fields and reducing risk.
  • The company expects 15–20% revenue growth in FY26, which means its income may increase significantly in the next year.
  • The company has reduced debt and is almost debt-free.
  • It gives a good dividend payout of 41.8%, which is helpful for investors who like regular earnings.

Bear Case:

  • The company’s 5-year sales growth is –0.94%, which means income has not improved in the last few years.
  • Debtor days went up from 43.4 to 52.5 days, which means clients are taking more time to pay the company.
  • The company still depends a lot on oil & gas and petrochemical projects, which are affected by global price changes.

Conclusion

This company is safe and stable, has very little debt, and gives good dividends, so it can be a good choice for people who want slow but steady returns in the future. But the company’s growth has not been very fast; it still depends a lot on oil and gas projects, and it needs more new projects to increase its profit. This stock is better for long-term investors who are okay with steady growth, not for people who want quick profit.

FAQs

The company gives a healthy dividend payout of 41.8%, which is good for investors who want regular income.

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The 5-year sales growth is –0.94%, which shows slow revenue improvement.

Its P/E ratio is ~20 as of November.

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