Saturday, 31 October 2026 NSE & BSE filings, as they land
ALFA News Straight from the exchange filing
New Order

Enviro Infra Engineers Subsidiary Secures ₹207.47 Cr Hybrid Renewable Energy Contract

Enviro Infra Engineers Ltd announced that its step-down subsidiary, Suyog Urja Limited, has secured a significant EPC contract valued at ₹207.47 crore. The mandate involves land aggregation and Balance of Plant works for a hybrid renewable energy project involving both wind and solar components.

Aerial view of a vast solar farm with wind turbines against a mountainous backdrop on a sunny day. Stock photo illustrating Enviro Infra Engineers' new order story.
Photo: Quang Nguyen Vinh / Pexels
Key numbers
Market Cap ₹3,615.92 CrUtilities Sector
Net Profit Growth 59.49%Annual YoY
RSI 56.75Neutral Zone
Order fromCGE 30 HYBRID ENERGY PRIVATE LIMITED
Execution periodBy 30th June, 2027
Deal value₹207.47 Cr
Share of market cap5.7%
Share of annual revenue18.7%

Key highlights

  • Contract value is fixed at ₹207.47 Crore excluding GST
  • Project awarded by CGE 30 Hybrid Energy Private Limited
  • Scope includes land aggregation, civil and electrical works, and evacuation facilities
  • Execution timeline for the project is set for completion by June 30, 2027
  • Awarded to step-down subsidiary Suyog Urja Limited via an EPC model

Comprehensive Scope of the Hybrid Energy Contract

Suyog Urja Limited, a step-down subsidiary of Enviro Infra Engineers Ltd, has been awarded an Engineering, Procurement, and Construction (EPC) contract for a hybrid renewable energy project. The contract, valued at ₹207.47 crore excluding GST, was issued by CGE 30 Hybrid Energy Private Limited. The scope of work is comprehensive, covering land aggregation and development, civil and electrical works, and the supply of cranes for wind turbine installation.

Additionally, the mandate includes storage handling, infrastructure for solar components, evacuation facilities, and the final commissioning and handover of the project, which is scheduled for completion by June 30, 2027.

Key Implications for Revenue and Portfolio

  • Strengthens the group's order book in the high-growth hybrid renewable energy segment
  • Demonstrates execution capabilities in complex Engineering, Procurement, and Construction mandates
  • The order value of ₹207.47 crore represents a substantial addition to the current revenue pipeline
  • Ensures revenue visibility for the next four fiscal quarters through mid-2027
  • Solidifies the market position of subsidiary Suyog Urja Limited within the domestic utilities sector

Core Operations and Subsidiary Roles

Enviro Infra Engineers Ltd operates primarily in the utilities and infrastructure development space, specializing in large-scale engineering projects. The company focuses on designing, constructing, and maintaining infrastructure for water supply, wastewater treatment, and renewable energy sectors. By leveraging its subsidiary network, Enviro Infra manages diverse portfolios including EPC contracts for hybrid energy systems and specialized industrial infrastructure.

The company maintains a strong domestic presence with a high promoter holding of 70.19 percent, reflecting long-term stability as it expands its footprint in the non-electrical utilities industry.

Financial Performance and Market Position

  • Reporting an annual net profit growth of 59.49 percent for the latest fiscal year
  • Market capitalization stands at ₹3,615.92 crore with a Price-to-Earnings ratio of 17.7
  • Quarterly operating profit margins remained healthy at 27.1 percent as of the latest filing
  • Annual operating revenue reached ₹1,066.06 crore, showing 47.08 percent year-on-year growth
  • Maintaining a mid-range performance profile with a Durability Score of 75
Enviro Infra Engineers · share price, past month

The Shift Towards Hybrid Renewable Infrastructure

The Indian renewable energy sector is witnessing a shift towards hybrid projects that combine wind and solar power to ensure more stable grid evacuation. This transition is supported by national targets for decarbonization and increased infrastructure spending in the utilities space. Competitive dynamics in the EPC segment favor firms with integrated capabilities in land development and plant works.

Enviro Infra Engineers navigates a sector with an industry PE of 16.53, positioning its valuation close to sector averages while benefiting from tailwinds in the domestic infrastructure and clean energy development landscape.

Enviro Infra Engineers · financial snapshot
Share price₹206
Market capitalisation₹3,615.92 Cr
Revenue (annual)₹1,066.06 Cr
Net profit (annual)₹176.30 Cr
Revenue (latest quarter)₹250.02 Cr+9.97% vs previous quarter
Net profit (latest quarter)₹40.41 Cr-17.05% vs previous quarter
P/E (TTM)17.7×Sector 25.33×
Promoter holding70.19%+0.06% QoQ
FII holding0.58%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Enviro Infra Engineers Limited announcing a new order for its step-down subsidiary. Market figures from a third-party data provider.

Read the filing ↗
All Enviro Infra Engineers filings and newsView all → Every Enviro Infra Engineers announcement on ALFA FilingsSee filings →

More from Enviro Infra Engineers

All →

More in New Orders

All →