Enviro Infra Engineers Q1 FY27: Growth led by water execution and a rising renewables mix

Revenue from operations was INR 359.2 crores, EBITDA was INR 75.7 crores (21.07 percent margin), and PAT was INR 45.2 crores (12.38 percent margin), as presented for the quarter ended June 30, 2026.

For Q1 FY27, the presentation shows WWTPs at 50 percent, WSSP at 15 percent, O and M at 3 percent, renewables revenue at 29 percent, and annuity at 2 percent of revenue from operations.

Management stated total order book of about INR 6,721 crores, comprising about INR 3,694 crores in water and wastewater and about INR 3,027 crores across renewable energy and BESS.

Management stated a consolidated revenue guidance of INR 2,000 crores for FY27.

Management attributed margin pressure to higher raw material costs, the blended impact of renewables in the consolidated mix, and higher employee costs due to team expansion.

Management indicated water and wastewater EBITDA margin expectation of about 21 to 22 percent, renewables (solar, wind and BESS) at about 15 to 18 percent, and blended margins at about 19 to 20 percent.

Management said water and wastewater execution orders (around INR 2,700 crores) typically execute over 18 to 24 months, while renewable execution orders (around INR 2,000 crores) are expected over 12 to 18 months.