Enviro Infra Engineers Subsidiary Wins ₹228 Crore Wind Power EPC Order in Maharashtra

Key numbers

Market Cap	₹3,223 CrUtilities Sector
P/E Ratio	17.58Sector PE 23.45
Promoter Holding	70.23%Zero Pledged
Order from	Arie Energy LLP
Execution period	31st July, 2027
Deal value	₹228 Cr
Share of market cap	7.1%
Share of annual revenue	18.0%

Key highlights

• Contract value is ₹228.00 crore excluding GST, representing 18% of TTM revenue
• Scope includes turnkey EPC works for the 100 MW Ajani Wind Power Project
• Execution timeline for the project is set for completion by July 31, 2027
• Order awarded to step-down subsidiary Suyog Urja Limited by Arie Energy LLP
• Cumulative consolidated order book stood at ₹6,720.80 crore as of June 30, 2026

Engineering a 100 MW Wind Power Project in Latur

Suyog Urja Limited, a step-down subsidiary of Enviro Infra Engineers, has secured a significant EPC turnkey contract from Arie Energy LLP. The project involves the development of the 100 MW Ajani Wind Power Project located in Taluka Shirur Anantpal, Latur, Maharashtra. This domestic award requires the subsidiary to manage all aspects of engineering, procurement, and construction for the wind farm.

The contract is valued at ₹228.00 crore, excluding GST, and is slated for completion by July 31, 2027. This project underscores the company growing role in supporting India renewable energy transition through turnkey execution capabilities.

Order Value and Revenue Context

This ₹228 crore order represents a notable addition to Enviro Infra Engineers revenue visibility, accounting for roughly 7.1 percent of its current market capitalization of ₹3,223.26 crore. On a trailing twelve-month basis, the deal value is equivalent to 18 percent of the company operating revenue of ₹1,263.86 crore. The company maintains a healthy consolidated order book, which was reported at ₹6,720.80 crore as of June 30, 2026.

This latest win follows a consistent pattern of contract acquisitions, including a ₹189.99 crore wind project from Tata Power Renewable Energy secured in early September 2026.

Expansion Across Renewable and Environmental Infrastructure

• Secured a ₹207.47 crore hybrid renewable energy project contract from CGE 30 Hybrid Energy in May 2026
• Bagged two HAM project awards totaling ₹256.92 crore for sewage treatment plants in Varanasi
• Awarded a ₹664.33 crore contract for Battery Energy Storage System projects by NTPC Ltd in March 2026
• Empaneled for sewage treatment projects in Pune and Nashik with a combined value of ₹972.19 crore in April 2026
• Maintains an active bidding pipeline of approximately ₹3,000 crore in bids under evaluation as of August 2026

What to watch next

• Target completion and commissioning of the 100 MW Ajani Wind Power Project by July 31, 2027
• Scheduled commissioning of the 180 MW NTPC Wind Power Project at Parli by March 31, 2027
• Release of financial results for the quarter ending September 30, 2026

Enviro Infra Engineers · financial snapshot

Share price	₹183.63
Market capitalisation	₹3,223.26 Cr
Revenue (annual)	₹1,145.60 Cr
Net profit (annual)	₹182.95 Cr
Revenue (latest quarter)	₹359.18 Cr-15.94% vs previous quarter
Net profit (latest quarter)	₹39.83 Cr-26.78% vs previous quarter
P/E (TTM)	17.58×Sector 23.45×
Promoter holding	70.23%+0.04% QoQ
FII holding	0.73%Current quarter

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