Enviro Infra Engineers Limited (EIEL) is a company that specializes in the design, construction, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs). It’s work extends to government bodies and includes Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), and related infrastructure. Utilizing an in-house team of 180 engineers and strategic partnerships, EIEL oversees comprehensive project execution from the design phase all the way through to commissioning and operational stages. It often collaborates with government initiatives such as AMRUT, NMCG, and Jal Jeevan Mission to achieve their objectives. With a commitment to sustainability, the company incorporates solar power and Compressed Bio Gas (CBG) technologies into their projects, thereby decreasing environmental impact. As of June 2024, EIEL’s order book stands at INR 1,906.28 crore, and it employs 939 people. It’s efficient operations and broad product offerings enable them to maintain competitive profit margins, establishing

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• Expertise in Infrastructure
• Diverse Service Offerings
• Strong Management Team
• Robust Client Base
• Innovative Solutions

• To raise funds for expansion and general corporate purposes
• To use a portion of the proceeds to pay off existing debts and improve working capital requirement.
• To finance the development of infrastructure projects, particularly in water and wastewater management.
• To support strategic initiatives aimed at entering new markets or increasing market share in existing sectors.
• To invest in research and development for innovative technologies that improve service delivery and operational efficiency.

The company is one of the leading Water Treatment and sewage solution based company. The company’s topline increased at CAGR of 48% in last three financial year, while PAT by 46%. The company maintained healthy profit margin of around 15%. At the upper price of INR 148, the company is expected to list at PE of 21.1. We recommend to Subscribe the stock for long term perspective only.