Integrated Filing — IndAS



General information about company

Scrip Code 544290
NSE Symbol EIEL
MSEI Symbol NOTLISTED
ISIN INE0LLY01014
Name of company Enviro Infra Engineers Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 05-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 05-11-2026   16:00:00
End date and time of board meeting 05-11-2026   16:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 36,376.97 72,295.32
Other income 832.76 1,432.65
Total income 37,209.73 73,727.97
2 Expenses
(a) Cost of materials consumed 6,434.78 24,590.29
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 2,992.85 5,449.34
(e) Finance costs 1,800.81 3,246.74
(f) Depreciation, depletion and amortisation expense 981.62 1,852.18
(f) Other Expenses
1 Stores, Spares and Tools Consumed and Hiring of Equipment & Machinery 532.93 1,145.92
2 Other Construction and Operating Expenses 17,865.94 23,860.07
3 Other Expenses 1,064.95 2,195.58
Total other expenses 19,463.82 27,201.57
Total expenses 31,673.88 62,340.12
3 Total profit before exceptional items and tax 5,535.85 11,387.85
4 Exceptional items 4.20 5.19
5 Total profit before tax 5,540.05 11,393.04
6 Tax expense
7 Current tax 1,611.12 3,150.39
8 Deferred tax (20.04) (227.56)
9 Total tax expenses 1,591.08 2,922.83
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,948.97 8,470.21
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 3,948.97 8,470.21
17 Other comprehensive income net of taxes (15.97) (33.20)
18 Total Comprehensive Income for the period 3,933.00 8,437.01
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,141.76 8,124.41
Total profit or loss, attributable to non-controlling interests (192.78) 345.81
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 4,125.79 8,091.21
Total comprehensive income for the period attributable to owners of parent non-controlling interests (192.78) 345.81
21 Details of equity share capital
Paid-up equity share capital 17,553.00 17,553.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.36 4.63
Diluted earnings (loss) per share from continuing operations 2.36 4.63
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.36 4.63
Diluted earnings (loss) per share from continuing and discontinued operations 2.36 4.63
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above unaudited standalone & consolidated financial results for the Quarter and Half Year ended September 30, 2026 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on November 05, 2026. A limited review of these results has been carried out by the Statutory Auditors pursuant to Regulation 33 of Securites and Exchange Board of india (Listing Obligations and Disclosure Requirements) Regulation,2015 as amended, who have issued unmodified opinion on the above results. 2 These unaudited standalone & consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards-34 (Ind AS-34) notified under Section -133 of the Companies Act, 2013, as amended, read with the relevant Rules thereunder. 3 The unutilised IPO proceeds amounting to Rs 5,701.00 lakhs as at June 30, 2026, were further utilised to the extent of R 1,255.92 lakhs during the quarter ended September 30, 2026. The balance unutilised IPO proceeds of Rs 4,445.08 lakhs are held in the current accounts of the SPVs of the Holding Company. 4 The Group is primarily engaged in the infrastructure development in water treatment plant and renewable energy sector. The Group's operations comprise execution of Turnkey and Engineering, Procurement and Construction (“EPC”) projects, including Water Treatment Plants (“WTPs”), Sewage Treatment Plants (“STPs”), Common Effluent Treatment Plants (“CETPs”), Water Supply Schemes and renewable energy projects. The Group is also engaged in the development, ownership and operation of renewable energy plants under the Build, Own and Operate (“BOO”) model, from which revenue is generated through the sale of renewable energy. 5 Based on the nature of products and services, the associated risks and returns, and the manner in which the operating results are regularly reviewed by the Chief Operating Decision Maker (“CODM”) for the purposes of resource allocation and performance assessment, the Group has identified the following reportable operating segments in accordance with Ind AS 108 – Operating Segments: i) Water Segment: Comprises execution of turnkey infrastructure and Engineering, Procurement and Construction (EPC) projects relating to Water Treatment Plants (WTPs), Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Supply Schemes and other related water and wastewater infrastructure projects, including their operation and maintenance (O&M). ii) Renewable Energy Segment: Comprises Engineering, Procurement and Construction (EPC) of renewable energy projects, including solar power projects, operation and maintenance of such projects, and generation and sale of renewable energy from power projects owned and operated by the Group under the Build-Own-Operate (BOO) model. 6 During the quarter ended September 30, 2026, Rs 4.20 lakh has been recovered in respect of a cyber fraud that occurred in previous financial years. The amount has been presented as an Exceptional Item in the Statement of Profit and Loss for the quarter ended September 30, 2026. As of September 30, 2026, the cumulative recovery against the said cyber fraud aggregates to Rs 245.39 lakhs. 7 Acquisition of Subsidiaries during the reporting period: During the Half year ended 30 September 2026, EIE Renewables Private Limited (ERPL), a wholly owned subsidiary of Enviro Infra Engineers Limited entered into a Share Purchase and Options Agreement (SPOA) date 21 April, 2026 with the existing shareholders of the M/s PRA Bihar BESS Private Limited. Pursuant to the SPOA, ERPL shall acquire 49% of the equity shares of the Company in the first phase and the remaining 51% equity shares shall be acquired within 60 days from the Commercial Operation Date (COD) of the Battery Energy Storage System (BESS) project awarded to the Company. Pursuant to the SPOA, control and substantive voting rights over the Company were transferred to ERPL from the effective date of the agreement. Accordingly, with effect from 21 April 2026, the Company has been treated as a wholly owned subsidiary of ERPL for the purpose of preparation of these financial statements, notwithstanding that the legal transfer of the remaining equity shares is pending completion in accordance with the terms of the SPOA. The Parent company has conducted the final determination of fair values of the identified assets and liabilities of this entity as per IND AS 103 during the quarter. During the Half Year ended 30 September 2026, EIE Renewables Private Limited, a subsidiary of Enviro Infra Engineers Limited, entered into a Share Purchase Agreement (SPA) dated 28 April 2026 with Suyog Urja Limited for the acquisition 51% of the equity shares of Sujog Urja Limited immediately, and remaining 49% of the equity shares of Suyog Urja Limited at a future date, in accordance with the terms and conditions of the SPA. Based on the contractual rights and obligations under the SPA, the arrangement effectively transferred control of Suyog Urja Limited to EIE Renewables Private Limited with effect from 28 April 2026. The Parent company has conducted the final determination of fair values of the identified assets and liabilities of this entity as per IND AS 103 during the reporting period. 8 Formation of new subsidiaries during the reporting period: During the Half Year ended 30 September 2026, the Company incorporated the following wholly owned subsidiaries: Name of Entity Relationship Date of Incorporation i Varanasi DDU Nagar STP Private Limited Wholly Owned Subsidiary 16th June, 2026 ii Varanasi Lohta DDU Nagar STP Private Limited Wholly Owned Subsidiary 16th June, 2026 iii Wind Earth Private Limited Step Down Subsidiary (Wholly Owned Subsidiary of M/s Suyog Urja Limited) 19th August, 2026 9 M/s Suyog Urja Limited, subsidiary of holding company has received an advance of Rs. 1,861 lakhs from a customer, which remained outstanding as at September 30, 2026. Against this advance, the Company has recognised Work-in-Progress (WIP) / Current Assets amounting to Rs.923.14 lakhs. During the period, the Company and the customer have approved the Minutes of Meeting(MoM) setting out the terms for settlement and adjustment of the outstanding advance. Accordingly, management expects that the advance to be adjusted in accordance with the agreed terms and there is no material uncertainty exists in respect of the recoverability of WIP as on September 30, 2026. 10 The aforesaid standalone & consolidated financial results will be uploaded on the Company's website, www.eiel.in & will be available on the website of BSE Limited, www.bseindia.com & National Stock Exchange of India Limited, www.nseindia.com for the benefit of Shareholders & Investors. 11 Figures for the previous periods have been regrouped/rearranged, wherever necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 27,458.46
Capital work-in-progress 15,394.30
Investment property 56.44
Goodwill 25,103.37
Other intangible assets 0.78
Intangible assets under development 22.56
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 12.26
Other non-current financial assets
1 Other Financial Assets 33,667.42
2 Right of use of assets 328.66
Total of other non-current financial assets 33,996.08
Total non-current financial assets 34,008.34
Deferred tax assets (net) 1,591.66
Other non-current assets
1 Other non-current assets 625.28
Total of other non-current assets 625.28
Total non-current assets 1,04,261.19
2 Current assets
Inventories 3,761.96
Current financial asset
Current investments 2,943.03
Trade receivables, current 32,178.28
Cash and cash equivalents 6,707.75
Bank balance other than cash and cash equivalents 30,466.76
Loans, current 105.54
Other current financial assets
Total of other current financial assets 82,905.76
Total current financial assets 1,55,307.12
Current tax assets (net) 334.55
Other current assets
1 Other current assets 16,224.69
Total of other current assets 16,224.69
Total current assets 1,75,628.32
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2,79,889.51
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 17,553.00
Other equity 1,13,808.94
Total equity attributable to owners of parent 1,31,361.94
Non controlling interest 867.24
Total equity 1,32,229.18
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 34,877.40
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Other non-current financial liabilities 10,223.31
Total of other non-current financial liabilities 10,223.31
Total non-current financial liabilities 45,100.71
Provisions, non-current 367.77
Deferred tax liabilities (net) 793.34
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 956.46
2 Lease Liability 271.21
Total of other non-current liabilities 1,227.67
Total non-current liabilities 47,489.49
Current liabilities
Current financial liabilities
Borrowings, current 35,508.79
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,865.49
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12,784.34
Total Trade payable 16,649.83
Other current financial liabilities
1 Other current financial liabilities 20,024.65
Total of other current financial liabilities 20,024.65
Total current financial liabilities 72,183.27
Other current liabilities 25,318.84
1 Other current liabilities 25,267.70
2 Lease Liability 51.14
Total of other current liabilities 25,318.84
Provisions, current 57.58
Current tax liabilities (Net) 2,611.15
Deferred government grants, Current
Total current liabilities 1,00,170.84
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,47,660.33
Total equity and liabilites 2,79,889.51
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Water Segment 26,417.58 51,911.02
2 Renewable Energy Segment 9,959.39 20,384.30
Total Segment Revenue 36,376.97 72,295.32
Less: Inter segment revenue
Revenue from operations 36,376.97 72,295.32
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Water Segment 5,621.19 11,016.27
2 Renewable Energy Segment 882.71 2,185.68
Total Profit before tax 6,503.90 13,201.95
i. Finance cost 1,800.81 3,246.74
ii. Other Unallocable Expenditure net off Unallocable income (832.76) (1,432.65)
Profit before tax 5,535.85 11,387.86
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Water Segment 2,15,165.41 2,15,165.41
2 Renewable Energy Segment 64,724.08 64,724.08
Total Segment Asset 2,79,889.49 2,79,889.49
Un-allocable Assets 0.00 0.00
Net Segment Asset 2,79,889.49 2,79,889.49
4 Segment Liabilities
Segment Liabilities
1 Water Segment 82,936.24 82,936.24
2 Renewable Energy Segment 64,724.08 64,724.08
Total Segment Liabilities 1,47,660.32 1,47,660.32
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 1,47,660.32 1,47,660.32
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Income/(Loss) on defined benefit plans (21.34) (44.36)
Total Amount of items that will not be reclassified to profit and loss (21.34) (44.36)
2 Income tax relating to items that will not be reclassified to profit or loss (5.37) (11.16)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (15.97) (33.20)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 11,393.04
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,246.74
Adjustments for decrease (increase) in inventories (422.61)
Adjustments for decrease (increase) in trade receivables, current (9,857.01)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (2,207.64)
Adjustments for decrease (increase) in other non-current assets 42.24
Adjustments for other financial assets, non-current (34.17)
Adjustments for other financial assets, current (16,342.66)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (10,224.41)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 13,728.37
Adjustments for increase (decrease) in other non-current liabilities (810.46)
Adjustments for depreciation and amortisation expense 1,852.18
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 776.35
Adjustments for other financial liabilities, current 2,310.70
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 16.53
Adjustments for dividend income 0.00
Adjustments for interest income 1,263.29
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (111.49)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 8.14
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (19,292.49)
Net cash flows from (used in) operations (7,899.45)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,789.80
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (9,689.25)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 11,205.59
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 3.39
Purchase of property, plant and equipment 6,333.14
Proceeds from sales of investment property 0.00
Purchase of investment property 7.81
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 1,600.73
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 2,873.39
Net cash flows from (used in) investing activities (13,069.03)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 25,718.12
Repayments of borrowings 674.70
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 773.82
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 24,269.60
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,511.32
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 1,511.32
Cash and cash equivalents cash flow statement at beginning of period 5,196.43
Cash and cash equivalents cash flow statement at end of period 6,707.75