Engineers India Share Price Target 2025, 2026, 2030, 2040, 2050
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.
- 1 What is Engineers India Ltd NSE: ENGINERSIN?
- 2 Engineers India Share Price Target
- 3 Engineers India Share Price Target 2025
- 4 Engineers India Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Engineers India share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Engineers India stock?
- 12 Engineers India earnings results
- 13 Is Engineers India stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
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.
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 142 | 278 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 153 | 189 |
| February | 148 | 179 |
| March | 142 | 174 |
| April | 148 | 187 |
| May | 166 | 239 |
| June | 213 | 245 |
| July | 212 | 255 |
| August | 189 | 213 |
| September | 191 | 218 |
| October | 193 | 208 |
| November | 175 | 237 |
| December | 171 | 250 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 237 | 405 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 237 | 278 |
| February | 245 | 288 |
| March | 248 | 300 |
| April | 253 | 310 |
| May | 259 | 317 |
| June | 267 | 325 |
| July | 272 | 332 |
| August | 277 | 341 |
| September | 289 | 358 |
| October | 297 | 374 |
| November | 310 | 388 |
| December | 321 | 405 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 387 | 534 |
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.
Its share price would be between ₹520 to ₹655 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 520 | 655 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 630 | 783 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 768 | 906 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 768 | 810 |
| February | 770 | 822 |
| March | 773 | 835 |
| April | 775 | 847 |
| May | 778 | 855 |
| June | 783 | 867 |
| July | 788 | 875 |
| August | 793 | 879 |
| September | 798 | 882 |
| October | 810 | 890 |
| November | 827 | 894 |
| December | 842 | 906 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1591 | 1728 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1591 | 1620 |
| February | 1597 | 1634 |
| March | 1610 | 1639 |
| April | 1617 | 1641 |
| May | 1625 | 1650 |
| June | 1629 | 1657 |
| July | 1631 | 1668 |
| August | 1633 | 1679 |
| September | 1639 | 1682 |
| October | 1641 | 1699 |
| November | 1645 | 1710 |
| December | 1649 | 1728 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 2513 | 2690 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2513 | 2568 |
| February | 2520 | 2584 |
| March | 2527 | 2590 |
| April | 2533 | 2610 |
| May | 2541 | 2621 |
| June | 2548 | 2627 |
| July | 2558 | 2638 |
| August | 2567 | 2645 |
| September | 2575 | 2655 |
| October | 2581 | 2667 |
| November | 2590 | 2678 |
| December | 2610 | 2690 |
Should I buy Engineers India stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 142 | 278 |
| 2026 | 237 | 405 |
| 2027 | 387 | 534 |
| 2028 | 520 | 655 |
| 2029 | 630 | 783 |
| 2030 | 768 | 906 |
| 2040 | 1591 | 1728 |
| 2050 | 2513 | 2690 |
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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 3,237 | 3,144 | 2,913 | 3,330 | 3,281 | 3,088 | 3,334 |
| Expenses + | 2,781 | 2,792 | 2,567 | 3,020 | 2,982 | 2,573 | 2,801 |
| Operating Profit | 455 | 352 | 346 | 310 | 299 | 514 | 533 |
| OPM % | 14% | 11% | 12% | 9% | 9% | 17% | 16% |
| Other Income + | 255 | 34 | 130 | 164 | 219 | 160 | 158 |
| Interest | 4 | 6 | 3 | 3 | 5 | 5 | 2 |
| Depreciation | 24 | 24 | 24 | 26 | 35 | 40 | 40 |
| Profit before tax | 683 | 356 | 449 | 446 | 478 | 630 | 648 |
| Tax % | 36% | 27% | 24% | 23% | 25% | 25% | |
| Net Profit + | 424 | 249 | 140 | 346 | 445 | 580 | 554 |
| EPS in Rs | 6.71 | 4.43 | 2.48 | 6.16 | 7.92 | 10.32 | 9.84 |
| Dividend Payout % | 77% | 45% | 121% | 49% | 38% | 39% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 20.43 | 4.24 | 1.99% | 40.71 | 6.07 | 0.62% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Engineers India Ltd | 19.51 | 4.24 | 1.99% |
| Larsen and Toubro Ltd | 36.41 | 4.74 | 0.85% |
| GMR Airports Ltd | -251.31 | -55.58 | — |
| NBCC (India) Ltd | 58.70 | 11.89 | 0.57% |
Is Engineers India stock good to buy? (bull case & bear case)

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.

