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Enviro Infra Engineers: Growth on Water Infrastructure
7 Jan
Summary
- Enviro Infra Engineers provides water infrastructure solutions.
- Company operates across EPC, HAM, and O&M project models.
- Projected 25% revenue CAGR over FY25-28E with strong growth.
Enviro Infra Engineers Ltd (EIEL), established in 2009, is a prominent Indian firm specializing in water and wastewater infrastructure. The company delivers complete turnkey solutions, encompassing design, construction, and operations & maintenance for governmental and government-backed clients.
EIEL's operational models include Engineering, Procurement and Construction (EPC), Hybrid Annuity Model (HAM), and Operations & Maintenance (O&M). Their expertise covers Sewage Treatment Plants, Sewerage Schemes, Common Effluent Treatment Plants, Water Treatment Plants, pumping stations, and pipeline networks.
With strong government backing and participation in various programs, EIEL anticipates robust growth. Projections indicate a 25% revenue CAGR between FY25 and FY28E, with EBITDA margins stabilizing around 24%. Initiating coverage, EIEL is rated 'Buy' with a target price of ₹309, suggesting a 52.3% upside potential.
