Rs 2,425 Crore Order Book: Wastewater Infra Engineering Stock In Green After Reporting Stellar Results, PAT Jumps 111 Per Cent
Listed peers of ythe company are EMS Ltd, Ion Exchange (India) Ltd, VA Tech Wabag Ltd and Vishnu Prakash R Punglia Ltd.
On Friday, shares of Enviro Infra Engineers Ltd experienced a remarkable surge, gaining 4.6 per cent to Rs 296.85 per share from its previous closing of Rs 283.9 per cent. The shares of the company saw a spurt in volume by more than 2.7 times.
Enviro Infra Engineers Ltd is a prominent player in the water and wastewater treatment sector. The company specializes in designing, constructing, operating, and maintaining Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs). Their WWTP projects encompass Sewage Treatment Plants (STPs), sewage schemes (SS), and Common Effluent Treatment Plants (CETPs). On the other hand, their WSSP projects involve Water Treatment Plants (WTPs), pumping stations, and pipeline networks for efficient water supply.
Enviro Infra's commitment to environmental sustainability is evident in their implementation of Zero Liquid Discharge (ZLD) compliant treatment processes at most of their STPs and CETPs. This innovative approach ensures that treated water can be reused for various purposes, including horticulture, washing, refrigeration, and industrial processes. The company actively participates in government-funded initiatives such as the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and the National Mission for Clean Ganga (NMCG) to contribute to the development of sustainable water infrastructure in urban areas.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
According to Quarterly Results, the net sales increased by 65 per cent to Rs 247.45 crore and net profit increased by 111 per cent to Rs 36.72 crore in Q3FY25 compared to Q3FY24. Looking at its nine-month results, the net sales increased by 55 per cent to Rs 665.65 crore and net profit increased by 108 per cent to Rs 103.06 crore in 9MFY25 compared to 9MFY24.
The company has a market cap of over Rs 5,000 crore. As of December 2024, the order book stands at Rs 2,425 crore, comprising Rs 1,687 crore orders and Rs 738 crore in O&M contracts along with Rs 2,164 crore of new projects that we have bid for, ensuring sustained growth and long-term stability. In FY24, the company reported net sales of Rs 728.20 crore, profit before tax of Rs 147 crore and net profit of Rs 106.46 crore. Listed peers of Enviro Infra Engineers Ltd are EMS Ltd, Ion Exchange (India) Ltd, VA Tech Wabag Ltd and Vishnu Prakash R Punglia Ltd. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.