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Engineers India Ltd. — Investor Presentation 2026
May 22, 2026
61533_rns_2026-05-22_4b2fa298-9e66-41f3-9693-d48bc6502436.pdf
Investor Presentation
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इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) 120 00000000000000000000000000000000000000000000000000000000000000000000000000000
ENGINEERS INDIA LIMITED (A Govt. of India Undertaking) 3rd November Company
पंजीकृत एवं कॉर्पोरेट कार्यालय : इंजीनियर्स इंडिया भवन, 1, चीकाएजी काणा प्लेस, नई दिल्ली-110 066 भारत
Regd. & Corporate Office : Engineers India Bhawan, 1, Bhikaiji Cama Place, New Delhi-110 066 INDIA
ईमेल/e-mail: [email protected], दूरभाष /Phone: 011-26763451
कंपनी सचिवालय/ COMPANY SECRETARIAT
सं. सचिव/No. Secy/906/9/10
22.05.2026
| The BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Fort
Mumbai – 400 023
Scrip Code-532178 | The National Stock Exchange of India Limited Exchange Plaza, 5th Floor
Bandra Kurla Complex
Bandra (East), Mumbai-400051
Symbol-ENGINERSIN |
| --- | --- |
विषय: निवेशक प्रस्तुति: वित्तीय वर्ष 2025-26 के तिमाही/वर्ष के परिणाम पर हाइलाइट्स
Sub: Investor Presentation: Highlights on Quarterly/Yearly Results FY 2025-26
प्रिय महोदय/महोदया,
Dear Sir/Madam,
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Investor Presentation highlighting the business and Financial Results for the quarter/year ended 31st March, 2026 is enclosed herewith. This is for your records and for the purpose of dissemination of information widely to the members.
The copy of the presentation is also being hosted on the website of the Company at https://engineersindia.com/Investor/Landing.
धन्यवाद/Thanking you,

भवदीय/Very truly yours,
कर्ता इंजीनियर्स इंडिया लिमिटेड
For Engineers India Limited
एस. के. पाड़ी/ S.K. Padhi
कंपनी सचिव एवं अनुपालन अधिकारी/
Company Secretary & Compliance officer
संलग्न: यथोपरि/Encl: as above
Celebrating 60 Years of Nation Building (Since 1966)
YEAR OF SUSTAINABLE GROWTH
फोन / Phone: +91-11-26762121 (EPABX) CIN: L74899DL1965GOI004352
उत्कृष्टता का आधार - हमारे कर्मी Delivering Excellence through People
Website: www.engineersindia.com
BTL
Net Zero
by 2035
Engineers India Limited

Investor Presentation
Annual Results : FY 25-26

Delivering Excellence Through People
Contents
Net Zero 2035
Page #
1 Overview of Engineers India Limited 3
2 Track Record and Credentials 12
3 Financials and Order Book Overview 19
4 Major Order secured in FY 2023-24 32
5 Orders in hand 37
6 Outlook 42
Delivering Excellence Through People
Net Zero
2035

1
Overview
Delivering Excellence Through People
3
EIL
Net Zero
- 2035^A
Company Overview
- Global Engineering Consultancy, Project Management & Total solutions Company
- A Government of India undertaking under the aegis of Ministry of Petroleum and Natural Gas
- Over 8000 assignments including 700 Major assignments
- Significant track record across entire Oil & Gas value chain with experience of landmark projects
- In-house and collaborative R&D Technologies (more than 40 Process technologies)
- International presence: Middle East, Africa, South Asia & Central Asia, East Asia (Mongolia), South America (Guyana)
- Diversification: Infrastructure, Strategic crude oil storage, Fertilizer, Ports, LNG, Water & Waste Water Management, Coal Gasification, Ferrous & Non-Ferrous, Renewables and Clean Energy
- Sunrise Sectors: Biofuels, Green Hydrogen & Ammonia, Energy Transition
- Large Resource Pool of around 2700 employees
- EIL has been certified to ISO 9001, 14001 and 45001

Delivering Excellence Through People
4
BSL
Net Zero
2035
Key Milestones – 60 years of Service to the Nation
- Wholly owned Government of India (GoI) company
- Commenced first international assignment
- Entered Fertilizer and Non-ferrous metallurgical sector
- Expansion in Hydrocarbons value chain
- Offshore
- Pipelines
- Onshore oil and gas
- Diversified into Infrastructure in 2001
- Commenced services in sub-surface crude storages (Vizag, Padur & Mangalore) in 2006
- Successful FPO of 3.36 Cr shares of Rs. 5 each in 2010
- Refinery project under LOC in Mongolia
- Minority stake acquisition in NRL
- Sub-surface storage of LPG
- Coal / Lignite Gasification
- New territory of Latin America
- Entry into Defense sector
- New office in KSA & Guyana




Delivering Excellence Through People
Lines of Business
ELL Net Zero 2035
Vision: “To be a Global Leader offering Total Energy Solutions for a Sustainable Future”
Petroleum Refining
Petrochemicals
Pipelines
Oil & Gas (Offshore & Onshore)
Fertilizers
Storages & Terminals







Infrastructure

Mining & Metallurgy

Water and Waste Water Management

Coal Gasification

Bio Fuels

Clean & Green Technologies (Green Hydrogen)
Delivering Excellence Through People
Net Zero
... 2035
Service Offering : From Concept to Commissioning








Technology Licensing
- Conceptualization of Process
- Process Modelling & simulation
- Bench / Pilot Studies
- Technology Development & Licensing
- Scaling up (Own / Collaborative)
Process Design
- Configuration study
- Pre-feasibility studies
- Technology and licensor selection
- Conceptual design & feasibility
- Process design package
Project Management
- Integrated Project Management services
- Project Control – Planning & Scheduling, Monitoring
- Cost estimate and Control
- Project Risk Assessment & Mitigation
Engineering
- FEED
- Residual engineering
- Detailed engineering
- Engineering for procurement
- Engineering for construction
Delivering Excellence Through People
Net Zero
... 2035
Service Offering : From Concept to Commissioning

Supply Chain Management
- Supplier and contractor management
- Procurement Assistance
- Inspection and Expediting
- Vendor development

Construction Management
- Construction Supervision
- Materials /Warehouse management
- Quality Assurance and HSE Management
- Progress Scheduling and Monitoring
- Mechanical Completion
- Site closure

Commissioning
- Pre-commissioning and Commissioning Assistance

Specialized Services
- Environment and Water Study
- Heat and Mass Transfer
- Health and Safety, HAZOP, SIL studies, RRA, Safety audit
- Specialist Materials and Maintenance
- Finite Element Analysis, Critical Stress analysis

Certification (through CEIL)
- EIL subsidiary – Certification Engineers International Limited (CEIL)
- Certification and Re-certification services
- Third party inspection
Delivering Excellence Through People
Net Zero
... 2035
Service Offering & Business Models

Consultancy
- Studies (Concept/configuration/Feasibility)
- FEED/PMC
- EPCM
- Owners Engineers
Contracting
- OBE
- LSTK / EPC
- Depository
Process Design & Technology Licensing
- Refining (CDU/VDU, DHDT, LPGTU, SRU, TGTU, DCU, ATF Hydrotreating
- Gas Processing (C2/C3 Recovery, sweetening)
Hardware Supply
- Desalter
- Contactors / Structured Packing
- Coalescer
- Oxygen Mixing Device
Delivering Excellence Through People
Board of Directors (as on 16.04.2026)
BTL Net Zero
- 2035^A
C&MD
- Shri Praveen M. Khanooja, Additional Secretary - MoPNG
Functional Directors
- Shri Sanjay Jindal, Director (Finance)
- Shri Atul Gupta, Director (Commercial)
- Shri Rajiv Agarwal, Director (Technical)
- Shri Subhas Balakumar, Director (Projects)
- Shri Rupesh Kumar Singh, Director (HR)
Chief Vigilance Officer
- Ms. Shruti Agnihotriy
Director (Govt. Nominee)
- Shri Arun Kumar
- Shri Kapil Verma
Non-official Independent Directors
- Shri Mahesh Goyal
- Shri Shambhu Nath Keshri
Delivering Excellence Through People
10
EIL Manpower Resources
EIL Net Zero 2035
| Qualification | Count |
|---|---|
| Graduates in Engineering | 2049 |
| Post Graduates in Engineering | 287 |
| Doctorates in Engineering | 10 |
| Total Personnel with Engineering Qualification (Technical Manpower) | 2346 |
| Other Professionals (MBA/MCA/CA/ICWA/CS) | 166 |
| Role | Count |
| --- | --- |
| Project Management and Control | 294 |
| Engineering and Technology | 1292 |
| Construction | 574 |
| Commercial and Procurement | 283 |
| Company Mgmt, HR and Finance & Others | 292 |
| Total | 2735 |

- 3.5 Million Man-hours are available annually in EIL offices.
- 1.3 Million Man-hours are available annually at construction sites.
- Average Attrition Rate is 2.34% per year (Past 3 FYs)
- Approx 11.87% are Female employees. Out of these 78.22% are Technical
- Average Age 40.89 years
As on 31st March, 2026
Delivering Excellence Through People
Net Zero
... 2035

2
Track Record and Credentials
Delivering Excellence Through People
12
图
Net Zero
... 2035^{\text{A}}
Technology & R&D Capabilities
R&D Center at Gurugram
Developed more than 40 Process Technologies (58 active Patents, 74 pending grant)
> 60% of process technologies in refineries indigenized
Technology collaboration with various R&D Centers & Institutions
Scale up, Basic Design, Engineering expertise leading to Commercialization successfully demonstrated
100% Engineering indigenization in high tech domain of oil & gas achieved
Forayed into Bio-refinery implementation, Licensing Bio-ATF technology and working in Green Energy sector through collaboration





Delivering Excellence Through People
BTL Net Zero for 2035
Strong Track Record With Diverse Client Base
As of March 2025

15+ Gasification Assignments
15+ Power / Captive Power Projects
Delivering Excellence Through People
BTL Net Zero 2035
Leadership Position in Refineries & Petrochemicals in India

Milestones
- 20 out of 23 Refineries in India have EIL Footprints
- Installed 12 out of the 13 mega petrochemical complexes in India.
- Built combined refining capacity of more than 165 MMTPA (3.3 million BPD) in India
- Engineered 10 grass-root refineries.
- Forayed into new areas such as underground caverns for storages
- Product upgradation leapfrogging to BSVI product quality for MS and Diesel pan India
- Integrated Refinery and Petrochemical Work in progress on Rajasthan Refinery
- Ongoing Petrochemical Complex in Paradip and Bina
Delivering Excellence Through People
BLL
Net Zero for 2023/5/6
International Presence
Branch / Representative Office [●]
- Abu Dhabi, UAE
- Moscow, Russia (Bharat Energy Office)
- Al Khobar, Saudi Arabia
Inspection Office [●]
- London, UK
- Milan, Italy
- Shanghai, China
Current Operational Site / Client Office [●]
- Sainshand, Mongolia
- Lagos, Nigeria
- Guyana
Antarctica, Environmental Studies
Integrated Natural Gas Liquids (NGL) Plant and 300 MW COOT Power Plant
KPRL
Refinery
Expansion
Study
STC, POL
Marketing
Terminal
IOC, COT
AND
JETTY
Sonatrach
Refinery
Rehabilitation
-330 & 70
kbpsd
Refinery
NHT/CCR
Project for
Arzow Ref.
DORC, 1.4 Million BPD
Refinery cum
Petchem
Expansion
DFL- Fertilizer Complex (4 Trains)
BPC, 68 kbpsd
Grassroot
Refinery
IBF
Pipeline
Mosco
Mongol
Refinery, 34 kbpsd
Grassroot
Refinery
MONGOLIA
SHANGHAI
BANGLADESH
INDORESEA
>150 Projects for
- ADNOC Group
- ADOC(Japan)
- Borouge
- FERTIL
- NPCC
- ORPIC
- BAPCO, BANAGAS
- KNPC
- KIPIC
Ongoing Overseas Projects:
- Sonatrach, Algeria
- DORC and DFL, Nigeria
- Mongol Refinery, Mongolia
- Guyana NGL and Power Project
- ADNOC Projects, UAE
- Saudi Arabian Chevron INC. Kuwait Gulf Oil Company (KSC)
Map Not to scale, illustration purpose only
BTL
Net Zero
... 2035
International Clientele - Focus in Overseas Geographies
| Regions | Key Countries | Clients |
|---|---|---|
| Middle East | UAE | • ADNOC Group Companies (Formerly ADMA OPCO; GASCO; TAKREER; ZADCO; ADGAS; Borouge; FERTIL; etc) |
| • NMDC; BUNDUQ | ||
| Bahrain | • BANAGAS (Bahrain National Gas) | |
| • BAPCO (Bahrain Petroleum Co) | ||
| • ALBA | ||
| Kuwait | • KPC / KNPC / KAFCO / KOC | |
| • KGOC | ||
| • Equate | ||
| • PIC (Petrochemical Ind Co) | ||
| • United Gulf Construction Co. W.L.L. (UGCC) | ||
| Oman | • OQ | |
| • SIUCI | ||
| • OOC | ||
| Saudi Arabia | • Saudi Aramco | |
| • Saudi Basic Industries Corporation(SABIC) | ||
| Turkey | • Türkiye Petrolleri Anonim Ortaklığı (TPAO) | |
| • BOTAŞ Petroleum Pipeline Corporation | ||
| Regions | Key Countries | Clients |
| --- | --- | --- |
| South-East | Malaysia | • Petronas |
| Indonesia | • PT Pertamina (Persero) | |
| • PT Wijaya Karya (Persero) tbk - WIKA | ||
| • PT Panca Amara Utama - PAU | ||
| Asia | Bangladesh | • BCIC (Bangladesh Chem Ind Corp) |
| • BPC (Bangladesh Petroleum Corp) | ||
| • Padma Oil Company Limited (POCL) | ||
| • Super Petrochemical (Pvt.) Ltd | ||
| Mongolia | • Ministry of Mining and Heavy Industry (Mongol Refinery State Owned LLC) | |
| Africa | Algeria | • SONATRACH |
| • Ourhoud | ||
| • Occidental | ||
| Ghana | • BOST (Bulk Oil Storage & Transportation Co Ltd ) | |
| Kenya | • KPRL (Kenya Petroleum Refineries Limited) | |
| Nigeria | • Dangote | |
| • ODUM Energy | ||
| • Indorama | ||
| Mauritius | • State Trading Corporation (STC) | |
| South America | Guyana | • Guyana Power and Gas Inc. |
Delivering Excellence Through People
17
Net Zero 2035
Recent Awards and Accolades
ICC PSE Excellence Awards: Corporate Social Responsibility & Sustainability, Operational Excellence & Corporate Governance in February 2026.
FICCI Chemicals and Petrochemical Awards- Manufacturing Process Innovator of the Year in January 2026
17th CIDC Vishwakarma Achievement Award in April 2026 for
- Best Construction Project- Residual Utilities & Offsites for Rajasthan Refinery Project (OBE) of HRRL.
- Construction Health, Safety & Environment- Capacity Expansion of Panipat Refinery
IEI Excellence Awards-Category ESC-A: Organizations having turnover of Rs 200 cr. and above in December 2025.
Governance Now 11th PSU Awards in March 2026 for
- Best Overall Financial Performance (Excellence in Performance/ Profit Growth)
- Promoting Self-Reliance (Aatmanirbhar Bharat)
- Infrastructure Development
Golden Peacock HR Excellence Awards in February 2026 for overall excellence in HR and people management practices.
Golden Peacock Risk Management Award in Nov 2024 for Company's ability to rapidly accelerate the pace of improving the Risk Assessment and Management System (RAM)
Golden Peacock Occupational Health and Safety Award in June 2024 for best practices for Occupational Health & Safety at the Corporate Level
Golden Peacock National Training Award in March 2024 for initiatives and commitment to development in the domain of training and staff development programs
Golden Peacock Award for Corporate Social Responsibility in January 2023 for successful CSR initiatives in promoting sustainable development





Delivering Excellence through People
Net Zero
... 2035
3

Financials and Order Book Overview
Delivering Excellence Through People
19
BTL
Net Zero
... 2035
20
Financial and Operating Track Record - Consolidated
Total Income (INR mn)*

Consultancy & Engineering Revenue (INR mn)*

Note: All figures have been taken on a consolidated basis
Revenue Segmentation*

** Revenue does not include Other Income
Turnkey Projects Revenue (INR mn)*

Delivering Excellence Through People
BTL Net Zero 2035
Financial and Operating Track Record - Consolidated

Note: All figures have been taken on a consolidated basis
EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization (does not include Other Income)
Delivering Excellence Through People
BTL
Net Zero
... 2035
Financial and Operating Track Record - Consolidated
Profitability (INR mn)*

Note: All figures have been taken on a consolidated basis
Earnings per Share – EPS (INR)*

Return on Net Worth (%)*

Delivering Excellence Through People
Financial and Operating Track Record - Consolidated
BTL
Net Zero
- 2035^A

Dividend Distribution (INR mn)*
- Note: All figures have been taken on a consolidated basis
Dividend Payout calculated as a percentage of Profit After Tax (PAT)
Consistent Dividend Track Record
Delivering Excellence Through People
23
BTL Net Zero 2035
Rs Mn
Annual Performance Summary – Standalone
| TURNOVER | 2025-26 | 2024-25 | 2023-24 | 2022-23 | 2021-22 |
|---|---|---|---|---|---|
| Consultancy | 17821 | 16,788 | 14,543 | 14,179 | 14,575 |
| Turnkey | 20678 | 13,496 | 17,779 | 18,659 | 14,129 |
| Consultancy + Turnkey | 38499 | 30,284 | 32,322 | 32,838 | 28,704 |
| Other Income | 2090 | 1,696 | 2,246 | 1,691 | 1,367 |
| Total Income | 40589 | 31,980 | 34,568 | 34,529 | 30,071 |
| SEGMENT PROFITS | 2025-26 | 2024-25 | 2023-24 | 2022-23 | 2021-22 |
| --- | --- | --- | --- | --- | --- |
| Consultancy | 4237 | 5,096 | 3,253 | 3,830 | 4,085 |
| Turnkey | 3561 | 1054 | 1,024 | 521 | 356 |
| Consultancy % | 24% | 30% | 22% | 27% | 28% |
| Turnkey % | 17% | 8% | 6% | 3% | 3% |
| PAT | 2025-26 | 2024-25 | 2023-24 | 2022-23 | 2021-22 |
| --- | --- | --- | --- | --- | --- |
| PAT | 6387 | 4,652 | 3,570 | 3,422 | 3,444 |
| PAT % | 17% | 15% | 11% | 10% | 12% |
Note: All figures are on standalone basis and rounded off to nearest digit
Delivering Excellence Through People
BTL Net Zero for 2023/07
Rs Mn
Quarterly Performance Summary – Standalone
| TURNOVER. | Q1 | Q2 | Q3 | Q4 | H1 | H2 | 9M | Annual |
|---|---|---|---|---|---|---|---|---|
| Consultancy – Domestic | 3340.68 | 3414.32 | 3830.47 | 3728.42 | 6755.00 | 7558.89 | 10585.47 | 14313.89 |
| Consultancy - Overseas | 740.60 | 698.65 | 904.87 | 1162.46 | 1439.25 | 2067.33 | 2344.12 | 3506.58 |
| Consultancy Total | 4081.28 | 4112.97 | 4735.34 | 4890.88 | 8194.25 | 9626.22 | 12929.59 | 17820.47 |
| Turnkey | 4490.20 | 4891.06 | 7201.01 | 4095.80 | 9381.26 | 11296.81 | 16582.27 | 20678.07 |
| Consultancy + Turnkey | 8571.48 | 9004.03 | 11936.35 | 8986.68 | 17575.51 | 20923.03 | 29511.86 | 48498.54 |
| Other Income | 349.63 | 478.37 | 579.56 | 682.51 | 828.01 | 1262.07 | 1407.57 | 2090.07 |
| Total Income | 8921.11 | 9482.40 | 12515.91 | 9669.19 | 18403.51 | 22185.10 | 30919.42 | 40588.61 |
| SEGMENT PROFIT | Q1 | Q2 | Q3 | Q4 | H1 | H2 | 9M | Annual |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Consultancy | 682.17 | 1164.13 | 1042.99 | 1347.37 | 1846.3 | 2390.36 | 2889.29 | 4236.66 |
| Turnkey | 249.71 | 243.45 | 2736.86 | 330.96 | 493.16 | 3067.82 | 3230.02 | 3560.98 |
| Total | 931.88 | 1407.58 | 3779.85 | 1678.33 | 2339.46 | 5458.18 | 6119.31 | 7797.64 |
Note: All figures are on standalone basis
Delivering Excellence Through People
BTL
Net Zero
... 2035
26
Quarterly Performance Track Record - Standalone

Total Income

Revenue Mix (Consultancy Vs Turnkey)
Note: All figures are on standalone basis
Delivering Excellence Through People
BTL
Net Zero
... 2035

Quarterly Performance Track Record – Standalone

Segment Wise Profit %
Note: All figures are on standalone basis
Delivering Excellence Through People
BTL
Net Zero
2035
Business Secured and Order Book – Standalone
Rs Mn
| Business Secured | FY 25-26 | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 |
|---|---|---|---|---|---|
| Consultancy (Domestic) | 10,798 | 34,996 | 7,964 | 6,477 | 16,515 |
| Consultancy (Overseas) | 49,297 | 10,768 | 4,985 | 6,138 | 356 |
| Consultancy Total | 60,095 | 45,764 | 12,949 | 12,615 | 16,871 |
| Turnkey | 19,686 | 36,377 | 21,113 | 34,463 | 0 |
| Total Business secured | 79,781 | 82,141 | 34,062 | 47,078 | 16,871 |
| Order Book | March 26 | March 25 | March 24 | March 23 | March 22 |
| --- | --- | --- | --- | --- | --- |
| Consultancy (Domestic) | 43,736 | 47,151 | 31,155 | 34,922 | 40,282 |
| Consultancy (Overseas) | 64,912 | 19,331 | 15,212 | 13,382 | 8,701 |
| Turnkey | 42,445 | 50,691 | 31,868 | 28,641 | 27,566 |
| Total Order Book | 151,093 | 117,173 | 78,235 | 76,945 | 76,549 |
| Consultancy % | 72% | 57% | 59% | 63% | 64% |
| Turnkey % | 28% | 43% | 41% | 37% | 36% |


Delivering Excellence Through People
BTI
Net Zero
... 2035
Note : Data on unconsolidated basis
Business Secured Break up – Standalone

Consultancy Vs LSTK

Consulting Segmental Break up

Consultancy Domestic Vs Overseas

Total Orders Segmental Break up
Delivering Excellence Through People
29
BTL
Net Zero
... 2035^A
Order Book Break up – Standalone
OBP: Consultancy Vs LSTK

OBP: Domestic Vs Overseas

Note : Data on unconsolidated basis
Delivering Excellence Through People
30
BTL Net Zero 2035
Capital Investments – as on FY 25-26
| Description | Investment 1 | Investment 2 | Investment 3 | Investment 4 | |
|---|---|---|---|---|---|
| Name | Ramagundam Fertilizer Project | NELP IX : Two Upstream Assets | Minority stake in Numaligarh Refinery Ltd. | LLC-BEO (Bharat Energy Office) | |
| (CB-ONN-2010 / 8) | CB-ONN-2010 / 11 | ||||
| Implementing agency | M/s Ramagundam Fertiliser & Chemical Ltd. | M/s Bharat Petro Resources Ltd. (BPRL) | M/s GAIL India Ltd. | - | - |
| JV Partners / Share-holding | NFL - 26%; EIL - 26%; FCIL - 11%; GAIL- 14.3%; Telangana Govt - 11%; HTAS Consortium- 11.7% | BPRL - 25%, GAIL - 25%, EIL - 20%, BFIL - 20%, MIEL - 10% | BPRL - 25%, GAIL - 25%, EIL - 20%, BFIL - 15%, MIEL - 15% | EIL stake 4.37% | Equal participation of 20% by OIL, OVL, GAIL, IOCL & EIL |
| State / Country | Telengana | Gujarat | Gujarat | Assam | Moscow, Russia |
| Size / Capacity / Area | Urea: 3850 MTPD | ||||
| Ammonia: 2200 MTPD | Exploration Acreage 42 Sq. Km. | Exploration Acreage 131 Sq. Km. | 3 MMTPA Refinery (Currently undergoing expansion to 9 MMTPA) | - | |
| Approximate project cost/ investment at start | Rs. 6388 Crore | Rs. 300 Crore / USD 50 Million (During Bidding Stage) | - | USD 500,000/- | |
| Total Equity Investment by EIL | Rs. 491 Crores | - | Rs 838.41 Crores* | USD 100,000/- |
*Rs. 34.58 Crore invested in NRL in FY 2025-26 against final call of Rights issue of 1,25,73,627 partly paid equity shares.
Delivering Excellence Through People
BTL
Net Zero
... 2035

4
Major Order secured in FY 2025-26
Delivering Excellence Through People
32
Q4 FY25-26 : Salient Orders Secured
BTL Net Zero - 2035
| Service Type | Project scope | Client | Contract Value (Rs. Million) | Award Date | Completion Date |
|---|---|---|---|---|---|
| Domestic | |||||
| Consultancy | EPCM Consultancy Services for Construction of New Natural Draught Prilling Tower and its associated process System | Confidential | 155 | January 2026 | November 2028 |
| Consultancy | Consultancy & Project Management Services for the Project of Remodelling of Existing Gurgaon Water Supply Channel (GWS) from RD 0 to 69.585 KM | Confidential | 551 | January 2026 | July 2028 |
| LSTK-OBE | Construction of assembly hall cum Cultural Centre at Rairangpur, Odisha - Project Management Consultancy (PMC) for end-to-end services (On OBE Basis) | Confidential | 695 | February 2026 | July 2027 |
| Consultancy | EPCM Consultancy Services for 500 KTA PDH-PP Project (Change Order) | Confidential | 250 | February 2026 | December 2026 |
| Consultancy | EPCM Services for for Phase 2 along with 3D Modelling for complete 360 Pots for Aditya Expansion Project at Lapanga, Odisha | Confidential | 742 | March 2026 | March 2028 |
| Consultancy | Project Management Consultant for Capacity Expansion of Jamnagar-Loni Pipeline (JLPL) Project | Confidential | 1037 | March 2026 | December 2028 |
| Consultancy | Overall Project Management and EPCM Services for Group-II LOBS Project at Manali | Confidential | 605 | March 2026 | February 2029 |
| Overseas | |||||
| Consultancy | Project Management Consultancy and EPCM Services in respect of Expansion of Integrated Refinery cum Petrochemical Complex (Train 2), Nigeria | Confidential | 32500 | January 2026 | January 2029 |
| Consultancy | PMC & EPCM Services for new Heater and Heat Exchanger and Adequacy study of MHC Unit | Confidential | 128 | January 2026 | May 2028 |
Delivering Excellence Through People
Q3 FY25-26 : Salient Orders Secured
BTL Net Zero 2035
| Service Type | Project scope | Client | Contract Value (Rs. Million) | Award Date | Completion Date |
|---|---|---|---|---|---|
| Domestic | |||||
| Consultancy | EPCM Services for Ethylene Tank and associated facilities at Dahej | Confidential | 318 | October 2025 | December 2027 |
| Consultancy | DPR /Licensor Selection and FEED for Coal to SNG Project at Thallaipalli Coal Mines | Confidential | 313 | October 2025 | October 2027 |
| Consultancy | FEED & Project Management Consultancy (PMC) Services for Paraxylene and Acetic Acid Tank at Dahej | Confidential | 230 | October 2025 | August 2027 |
| Consultancy | PMC Services for Upcoming Facilities (RFQ-2, RFQ-3 & RFQ-4) Construction work at Dahej | Confidential | 345 | October 2025 | August 2028 |
| Consultancy | Plant Engineering and 3D Modelling of MBRAPP-1 to 4 | Confidential | 621 | December 2025 | December 2028 |
| Consultancy | EPCM for Revamping of existing Desalter System of CDU/VDU | Confidential | 259 | December 2025 | December 2028 |
| Overseas | |||||
| Consultancy | FEED Services for Steam Turbine Power Generation Unit 1021 and Unit 1025, UAE | Confidential | 141 | October 2025 | May 2026 |
| Consultancy | Project Management Consultant (“PMC”) during Front End Engineering Design (FEED) Phase1 and Phase 2 of the Sustainable Aviation Fuel 5000 BPSD, Indonesia | Confidential | 153 | November 2025 | June 2027 |
| Consultancy | Pre-FEED & FEED Services for Naphtha upgradations to Jet Fuel Project, UAE | Confidential | 361 | November 2025 | December 2026 |
Delivering Excellence Through People
Q2 FY25-26 : Salient Orders Secured
BTL Net Zero 2035
| Service Type | Project scope | Client | Contract Value (Rs. Million) | Award Date | Completion Date |
|---|---|---|---|---|---|
| Domestic | |||||
| Depository | PMA Services for Development of Phase -3B | Confidential | 6300 | July 2025 | July 2028 |
| LSTK-OBE | Construction of Offshore Crew Change Facility, Santacruz, Mumbai | Confidential | 950 | July 2025 | January 2027 |
| Consultancy | Development of conceptual design and Engineering of Structures, systems and components of Bharat Small Modular Reactor (BSMR) | Confidential | 290 | August 2025 | November 2026 |
| LSTK-OBE | DPR,BEDP,EPCM & Supply for Helium Recovery from Natural Gas for OECT | Confidential | 390 | August 2025 | February 2027 |
| LSTK-OBE | Construction of New Office Building at Uran | Confidential | 470 | August 2025 | February 2027 |
| Consultancy | Independent Engineer for International Deepwater Multipurpose Seaport Project | Confidential | 210 | September 2025 | September 2028 |
| Consultancy | Project Management Agency (PMA) for Implementation of Electronics Component Manufacturing Scheme | Confidential | 950 | September 2025 | August 2031 |
| LSTK-OBE | Convention Centre at Advanced Training Institute, Goa | Confidential | 120 | September 2025 | November 2025 |
| Overseas | |||||
| Consultancy | FEED & PMC Services for Ruwais Field in Onshore Block -1 | Confidential | 270 | July 2025 | July 2026 |
| Consultancy | PMC & EPCM Services for New Fertilizer Plant in North Africa | Confidential | 6150 | September 2025 | September 2027 |
Delivering Excellence Through People
Q1 FY25-26 : Salient Orders Secured
BTL Net Zero 2035
| Service Type | Project scope | Client | Contract Value (Rs. Million) | Award Date | Completion Date |
|---|---|---|---|---|---|
| Domestic | |||||
| Depository | PMC Services for “Development of Field Training Modules (FTM) at Nagpur” | Confidential | 1300 | April 2025 | December 2026 |
| Consultancy | Preparation of Detailed Feasibility Report (DFR) with +/- 20 % Cost Estimate, Firming up of Configuration, Licensor Selection and Obtain Environment Clearance for Greenfield Refinery Cum Petrochemical Complex in Andhra Pradesh | Confidential | 310 | April 2025 | January 2026 |
| Depository | PMC for Construction of boundary wall around the Shri Ram Mandir Complex in Ayodhya | Confidential | 420 | April 2025 | June 2026 |
| Depository | Project Management Consultant for Construction of Office Building Complex at Mumbai | Confidential | 6480 | April 2025 | September 2027 |
| Overseas | |||||
| Consultancy | Engineering and Project Management Consultancy Services in Kuwait | Confidential | 3910 | June 2025 | October 2029 |
| Consultancy | Select Study for Umm Al Dalkh (UAD) Long Term Development Project (LTDP) Project No. 14001-11536 (Package-2), UAE | Confidential | 760 | June 2025 | May 2026 |
Delivering Excellence Through People
Net Zero
2035

5
Orders in hand
Delivering Excellence Through People
37
Major Ongoing Projects
BTL Net Zero - 2035
| Project | Client | Project Location |
|---|---|---|
| Refinery and Petrochemical Projects | ||
| Ethylene Cracker and U&O for Bina Petrochemical & Refinery Expansion Project (MPMC, EPCM/ PMC) | BPCL | Bina |
| Paradip Petrochemical Project (MPMC, PMC-2 and PMC-1 Packages) | IOCL | Paradip |
| EPCM Services for Panipat Refinery Expansion (15 to 25 MMTPA) | IOCL | Panipat |
| PMC and Turnkey-OBE Services for Visakh Refinery Modernization Project | HPCL | Visakhapatnam |
| Overall Project Management & EPCM Services for Group-II LOBS Project at Manali | CPCL | Manali |
| PMC Services for Lube Modernization and Bottoms Upgradation (LMBU) Project | HPCL | Mumbai |
| EPCM Services for Coker-B Revamp Project | IOCL | Barauni |
| Licensing and EPCM Services for Delayed Coker Unit (DCU) Revamp Project | NRL | Assam |
| PMC Services for Execution of Rajasthan Refinery Project (RRP) | HRRL | Rajasthan |
| EPCM Services for 500 KTPA Petrochemical Project (PDH/PP) | GAIL | Usar |
| EPCM / PMC Services for 750 KTA PDH and 500 KTA PP Plant | Petronet LNG Ltd | Dahej |
| EPCM Services for setting up PPU at Numaligarh Refinery | NRL | Numaligarh |
| PMC and EPCM Services for PPU and Revamp of PFCC Project at Kochi Refinery | BPCL | Kochi |
| Installation of Demo Bio ATF Unit of MRPL on OBE Mode | MRPL | Mangalore |
Delivering Excellence Through People
Major Ongoing Projects
BTL Net Zero 2035
| Project | Client | Project Location |
|---|---|---|
| Pipeline Projects | ||
| PMC Services for Dobhi-Durgapur-Haldia Pipeline Project | GAIL | Dobhi-Durgapur-Haldia |
| EPCM Services for Crude Oil Terminal (COT) at Paradip, Paradip Numaligarh Crude Oil Pipeline (PNCPL) and NRL Siliguri Product Pipeline (NSPPL) | NRL | Paradip, Numaligarh, Siliguri |
| EPCM Services for Upgradation of facilities for Numaligarh-Siliguri Pipeline | OIL | Numaligarh, Siliguri |
| PMC services for Part-B of Mumbai - Nagpur - Jharsuguda Natural Gas Pipeline (MNJPL) Project | GAIL | Maharashtra, Odisha |
| PMC services for Krishnagiri Coimbatore section of Kochi – Koottanad - Bangalore - Mangalore Gas Pipeline - II (KKBMPL) Project | GAIL | Tamil Nadu |
| PMC services for Capacity Expansion of Jamnagar-Loni Pipeline (JLPL) Project | GAIL | Kandla to Loni |
| Onshore Oil & Gas, Ports & Terminals | ||
| Replacement & Additional Installation of Compressors at ONGC, Uran Plant | ONGC | Uran |
| Revamping of SV Stations, Gas Terminal & Kribhco Terminal at Hazira Plant, on EPC reimbursable basis | ONGC | Hazira |
| FEED for unloading pipelines, Onshore storage tank farm and associated facilities at GCPL | GCPL | Dahej |
| PMC Services for De-Bottlenecking and Augmentation of Cryogenic Facilities - LPG Import Terminal | BPCL | Uran |
| Metallurgy | ||
| Detailed Engineering for Aditya Expansion Project Phase 2 and 3D Modelling of 360 pots at Lapanga | Hindalco | Odisha |
| Detailed Engineering for Aditya Aluminium Smelter Expansion Project at Lapanga | Hindalco | Odisha |
| Detail Engineering Services for Main Reactor Furnace in DRI-2 Unit at Angul | JSPL | Odisha |
39
Major Ongoing Projects
BTL Net Zero
... 2035
| Project | Client | Project Location |
|---|---|---|
| Infrastructure Projects | ||
| Independent Engineer (IE) services for (1) Greenfield Noida International Airport, Jewar, Uttar Pradesh; (2) Greenfield Bhogapuram International Airport at Vishakapatnam and (3) Upgradation & Modernization of Dr. Babasaheb Ambedkar International Airport, Nagpur | NIAL; APADCL; MIHAN India | Uttar Pradesh; Andhra Pradesh; and Maharashtra |
| Third Party Assessment for Engineering Review & Project Management for Fintech University | DoIT&C | Jodhpur, Rajasthan |
| PMC services for development of India International Horticulture Market (IIHM) | IIHM | Ganaur, Haryana |
| Projects on OBE LSTK Mode: (1) Redevelopment of Residential Properties-Phase-1 at ONGC Mumbai; (2) Construction of ONGC office Building at Kolkata; and (3) Development of Crew change facility at Santacruz Mumbai | ONGC | Goa, Mumbai |
| PMC Services for Design & Development of New Campus at IIM Nagpur (Phase-II & III) | IIM | Nagpur, Maharashtra |
| Construction of Multi-Storied Building for Integrated Office-cum-Data Centre Complex | Intelligence Bureau (IB) | Delhi |
| PMC Services (on Depository Mode) for Development of IIT Jammu Campus (Phase 'B') | IIT | Jammu & Kashmir |
| Project Management Services for various development works at IIT Jodhpur | IIT Jodhpur | Jodhpur |
| PMC services for "Construction of an Assembly Hall-Cum- Cultural Centre at Rairangpur, Mayurbhanj | NTPC | Mayurbhanj |
Delivering Excellence Through People
BTL Net Zero 2035
Major Ongoing Projects
| Project | Client | Project Location |
|---|---|---|
| Overseas Projects | ||
| PMC and EPCM Services for Expansion of Integrated Refinery cum Petrochemical Complex (Train 2) | Dangote Petroleum Refinery and Petrochemicals FZE | Nigeria |
| PMC & EPCM Services for New Fertilizer Plant (Trains 3, 4, 5,& 6) in Lekki Free Trade Zone- Nigeria | Dangote Fertilizer FZE | Nigeria |
| PMC Services for Crude Oil Refinery in Mongolia | Mongol Refinery | Mongolia |
| Consulting Services for the Supervision of the Guyana Integrated NGL Plant and 300 MW CCGT Power Plant Project | Guyana Power and Gas Inc., Ministry of Natural Resources | Guyana |
| Front End Engineering Design & Project Management Consultant for Ruwais Field in Onshore | URJA Bharat Pte. Ltd. | UAE |
| Pre-FEED & FEED Services for Naphtha Upgradation to Jet Fuel | ADNOC Refining | UAE |
Delivering Excellence Through People
BTL
Net Zero
... 2035

6
Outlook
Delivering Excellence Through People
42
BTL Net Zero 2035
Oil & Refining Capacity Outlook
- Global oil demand projected to exceed ~106 mb/d by 2026.
- India expected to remain among the largest contributors to incremental global oil demand growth.
- India's oil demand projected to rise from ~5.5 mb/d in 2024 to ~6.7 mb/d by 2030.
- India's refining capacity targeted to increase from ~258 MMTPA to ~310–320 MMTPA by 2030.
- Indian Oil Marketing Companies (OMCs) and private refiners are investing over INR 2 lakh crore in refinery expansion, petrochemical integration and cleaner fuel projects.
- India achieved ~20% ethanol blending target ahead of schedule in several regions
- Biofuels, SAF, CBG, green hydrogen and refinery-petrochemical integration expected to drive future investments.
Delivering Excellence Through People
BTL Net Zero 2035
Petrochemical and Chemical Outlook India
Indian chemical industry estimated at ~US$ 220 billion and expected to reach ~US$ 1 trillion by 2040.
India's petrochemical demand expected to grow at ~7–8% CAGR.
Petrochemical capacity projected to increase from ~30 MMTPA to ~46 MMTPA by 2030.
Fertilizer sector expansion supported through self-reliance and green ammonia initiatives.
Crude-to-chemicals and refinery-petrochemical integration projects gaining strategic importance.
Specialty chemicals and downstream petrochemical demand expected to grow strongly driven by automotive, FMCG and infrastructure sectors.


Delivering Excellence Through People
811 Net Zero 2030
Gas Economy and Energy Transition
India targets increasing natural gas share in energy mix from ~6% to 15% by 2030.
Natural gas demand projected to increase by nearly 60% by 2030.
LNG imports expected to more than double by 2030.
LNG regasification capacity currently exceeds ~65 BCM/year.
PNGRB has authorised over ~33,000 km gas pipeline network under National Gas Grid initiative.
National Green Hydrogen Mission targets production of ~5 MMTPA green hydrogen by 2030. Non-fossil fuel installed electricity capacity has already crossed ~220 GW.



Delivering Excellence Through People
Net Zero 2035
Opportunities in Diversified Sectors

Union Budget 2026–27
Infrastructure capex expected to remain above INR 11 lakh crore.

National Infrastructure Pipeline envisages investments exceeding INR 143 lakh crore.

23 waterways by 2030 and developing 35 Multi-Modal Logistics Parks (MMLPs).

Metro rail, water, wastewater and urban infrastructure projects expected to witness strong growth.

Semiconductor and electronics manufacturing investments creating significant EPC opportunities.

Data centre capacity expected to increase from ~1 GW in 2024 to ~2 GW by 2027

India targets 220+ operational airports by 2047.

Port sector investments exceeding US$ 80 billion planned by 2035


PM Gati Shakti and Industrial Corridor projects expected to accelerate multimodal infrastructure development.
Delivering Excellence Through People
Outlook: Sunrise Sectors
BTL Net Zero 2035

GREEN HYDROGEN
National Green Hydrogen Mission outlay of ~INR 19,744 crore with target of 5 MMTPA production by 2030.

BIO FUELS/ ALT FUELS
Govt roadmap for SAF blending in ATF from 2027 onwards and target of 5% biodiesel blending by 2030.

ENERGY TRANSITION
SATAT initiative targets establishment of 5,000 CBG plants across the country supporting circular economy and energy transition.

STEEL FERRO-ALLOY & RENEWABLES
India targets ~300 MT steelmaking capacity by 2030.
India achieved 50% installed power capacity from non-fossil fuels ahead of 2030 target.
India targets 500 GW non-fossil fuel capacity by 2030; installed non-fossil capacity already exceeds ~283 GW.

DEFENCE & NUCLEAR
Two Defence Industrial Corridors in UP and Tamil Nadu.
India targets 100 GW nuclear power capacity by 2047
Sustainable Green Energy, Decarbonization & Renewable
Delivering Excellence Through People
BID Net Zero 2035
Avenues for Growth
- Consolidate core Hydrocarbon and Petrochemical Sector
- Value added solutions
Maintain Leadership
Creating Stakeholder Values through Sustainable Growth
- Expand in Middle East, Africa, Central Asia
- Entry In new geographies
- Target LoC projects
Expand International Operations
- Focused Diversification in Biofuels, Urban Infrastructure, Ports & Harbours, Coal Gasification, Decarbonisation.
Selectively Diversify
- Collaborative Technology Development
- Net Zero Green technologies (SAF)
Innovative Technologies
- Alliances in Core and Diversified sectors for Growth
- Alliances to breach entry barriers
Alliances
Delivering Excellence Through People
48
Disclaimer
EIL Net Zero 2035
This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, except with respect to information concerning EIL's past performance, its subsidiaries and affiliates, nor is it intended to be a complete statement or summary of the future proposals, strategies and projections referred to in the report. EIL does not undertake that investors will obtain profits, nor will it share with investors any investment profits nor accept any liability for any investment losses. Investments involve risks and investors should exercise prudence in making their investment decisions. The report should not be regarded by recipients as a substitute for the exercise of their own judgment. Past performance is not necessarily a guide to future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. Any opinions expressed in this report are subject to change without notice and may differ or be contrary to opinions expressed by other business groups of EIL as a result of using different assumptions and criteria.
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Delivering Excellence Through People
Net Zero
2035
THANK YOU
Delivering Excellence Through People
50