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ENGINERSIN - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 4.1

Stock Code ENGINERSIN Market Cap 9,477 Cr. Current Price 169 ₹ High / Low 255 ₹
Stock P/E 18.4 Book Value 47.9 ₹ Dividend Yield 2.37 % ROCE 24.4 %
ROE 18.4 % Face Value 5.00 ₹ DMA 50 190 ₹ DMA 200 198 ₹
Chg in FII Hold 0.74 % Chg in DII Hold -0.36 % PAT Qtr 115 Cr. PAT Prev Qtr 70.1 Cr.
RSI 32.6 MACD -7.90 Volume 16,35,352 Avg Vol 1Wk 27,00,184
Low price 142 ₹ High price 255 ₹ PEG Ratio 1.82 Debt to equity 0.01
52w Index 23.4 % Qtr Profit Var 45.2 % EPS 9.19 ₹ Industry PE 16.9

📊 Core Financials

  • Revenue growth: Strong, PAT at 115 Cr vs 70.1 Cr in previous quarter, showing 45.2 % improvement.
  • Profit margins: Healthy, EPS at 9.19 ₹ indicates consistent profitability.
  • Debt ratios: Excellent, debt-to-equity at 0.01 shows negligible leverage.
  • Cash flows: Supported by strong profitability and minimal debt burden.
  • Return metrics: ROCE 24.4 %, ROE 18.4 % — solid efficiency and shareholder returns.

💹 Valuation Indicators

  • P/E ratio: 18.4, slightly above industry average (16.9), fairly valued.
  • P/B ratio: Current Price / Book Value ≈ 3.5, reasonable relative to assets.
  • PEG ratio: 1.82, suggests valuation is moderately stretched relative to growth.
  • Intrinsic value: Fairly valued, supported by strong returns and low debt.

🏢 Business Model & Competitive Advantage

  • Operates in engineering consultancy and project management services.
  • Strong government and PSU contracts provide stable revenue streams.
  • Competitive advantage through expertise in infrastructure and energy projects.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive near 150–160 ₹ levels, close to 52-week low support.
  • Long-term holding: Favorable due to strong ROE/ROCE, low debt, and consistent profitability; suitable for patient investors.

Positive

  • Strong ROCE (24.4 %) and ROE (18.4 %).
  • Negligible debt-to-equity ratio (0.01).
  • Quarterly PAT growth of 45.2 %.
  • Dividend yield at 2.37 % provides steady income.
  • FII holdings increased (+0.74 %).

Limitation

  • P/E ratio slightly above industry average, limiting valuation comfort.
  • PEG ratio at 1.82 indicates stretched valuation compared to growth.
  • Stock trading below DMA 50 and DMA 200, showing weak momentum.

Company Negative News

  • DII holdings decreased (-0.36 %).
  • Technical indicators weak: RSI at 32.6 (oversold), MACD negative.
  • Stock price corrected significantly from 52-week high of 255 ₹.

Company Positive News

  • Quarterly PAT improved significantly (115 Cr vs 70.1 Cr).
  • Strong fundamentals with high ROE and ROCE.
  • Low debt ensures financial stability.

Industry

  • Engineering and consultancy sector supported by infrastructure and energy investments.
  • Industry PE at 16.9, close to ENGINERSIN’s P/E, suggesting fair valuation.

Conclusion

  • ENGINERSIN demonstrates strong fundamentals with consistent profitability and negligible debt.
  • Valuation is fair compared to industry peers, though PEG ratio indicates moderate stretch.
  • Entry advisable near lower support levels; long-term holding recommended for investors seeking exposure to infrastructure and consultancy growth.

Would you like me to also prepare a peer comparison HTML snapshot against companies like NBCC and RITES to highlight ENGINERSIN’s relative valuation and strengths?

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