Engineers India (ENGINERSIN)

FairStock Score: 75/100 — STEADY

Score breakdown: P/E: 2/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a business with durable moat, honest management, and price below intrinsic value. Engineers India shows some Graham hallmarks: debt/equity is only 0.01, ROE is 29.07%, ROCE is 25.01%, promoter holding is 51.32%, Piotroski F-Score is 7/9, and Altman Z-Score is 3.21. That tells me the balance sheet is clean and returns on capital are high. The latest quarter is striking: sales of ₹1,210 Cr and net profit of ₹347 Cr, implying a very high margin. But I cannot ignore that sales growth is -10.23% and the five-year revenue CAGR is -0.94%. A company whose top line has not grown over five years is not a fast grower. Profit growth of 54.96% may be margin-led or lumpy, not necessarily durable. Free cash flow is only ₹73 Cr, so cash conversion deserves scrutiny. Valuation: at ₹243.68, P/E of 17.48 seems reasonable, and PEG of 0.34 looks attractive if growth persists. But Graham Number is ₹121.48 and DCF intrinsic value is ₹69.67, both suggesting I am paying a large premium; margin of safety is -82.54%. P/B of 4.37 on book value of ₹55.83 also leaves little asset cushion. Dividend yield of 1.23% is modest. EV/EBITDA of -133.11 is unusual, but I will not infer beyond the figure. This is a cyclical civil construction name with steady quality, not spectacular. I would watch order inflows, revenue stabilization, cash conversion, and margin normalization. At this price, I want a wider discount before calling it a bargain.

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Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer