Enviro Infra Engineers surged 13% after securing a ₹400 crore Zero Liquid Discharge project in Maharashtra. The company reported strong financial growth in FY2025 and has delivered 26.65% returns since listing, with a 35.65% rise in the past 3 months.
Indian stock markets were trading lower on Friday led by sharp fall in IT bellwether TCS and Infosys.
By 11:16 a.m. IST, the Nifty 50 had slipped 0.70% to 25,175, while the BSE Sensex was down 0.78% at 82,549..
Enviro Infra Engineers share price jumped 13% to ₹279 after winning a ₹400 crore Maharashtra wastewater project, with trading volume surging past recent averages.
Enviro Infra Engineers Limited (EIEL), a notable player in the water and wastewater EPC segment, announced on July 10, 2025, that it has secured a significant project valued at ₹400 crore. This development marks EIEL’s strategic entry into the Zero Liquid Discharge (ZLD) space. The project was awarded by the Maharashtra Industrial Development Corporation (MIDC) as part of its river pollution abatement initiative targeting the Panchganga River.
Under this assignment, EIEL will upgrade Common Effluent Treatment Plants (CETPs) using advanced ZLD technology across three industrial estates—Ichalkaranji, Hatkanangale, and Yadrav—in the Kolhapur district. The project’s scope includes end-to-end responsibilities such as design, supply, installation, construction, testing, start-up, commissioning, performance guarantee testing, and ongoing operations and maintenance. The project is expected to be completed in 24 months.
Commenting on the development, Sanjay Jain, Chairman, Enviro Infra Engineers Limited, said: “Securing this project marks a pivotal moment for us, as we enter the ZeroLiquid Discharge space with a technically advanced, environmentally significant assignment. It not only underlines our engineering capabilities but also represents our strategic expansion into Maharashtra, a state that holds immense potential for sustainable infrastructure development. We are proud to contribute to the environmental restoration of the Panchganga River and look forward to delivering the project to the highest standards.”
The company has a robust O&M order book at ₹806.6 crore as of March 31, 2025
On the financial front, in the quarter ended March 2025, Enviro Infra Engineers Ltd. (EIEL) reported a revenue from operations of ₹392.90 crore, reflecting a 30.84% year-on-year growth compared to ₹300.30 crore in the same quarter last year. Profit after tax for the quarter stood at ₹74.10 crore, up 30% from ₹57 crore in March 2024, highlighting consistent profitability and operational performance.
On an annual basis, the company posted strong financial results for FY2025. Revenue from operations rose to ₹1,066.10 crore, marking a 46.26% increase over ₹728.90 crore in FY2024. Profit after tax also saw robust growth, reaching ₹177.10 crore, up 66.29% from ₹106.50 crore in the previous year, indicating effective execution and improved margins across projects.
Enviro Infra Engineers share price surged 13% to ₹279 on Tuesday, reaching its highest level since February 7. The rally followed the company’s announcement of securing a ₹400 crore (approximately $46.6 million) contract to upgrade wastewater treatment facilities in Maharashtra. The stock saw a sharp rise in activity, with trading volume spiking.
The company got listed on the stock exchanges on November 29, 2025, and since then stock has given 26.65% returns. In the last 3 months, the stock has surged by 35.65%.
Enviro Infra Engineers Ltd. (EIEL) is a leading EPC company with over 15 years of experience in executing Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government bodies. Its WWTP portfolio includes Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs).
EIEL has an in-house team for design, engineering, construction, and civil works, supported by consultants and experts to ensure quality and compliance. The company manages end-to-end project execution—from design to commissioning—and also handles operations and maintenance (O&M) post-commissioning through a dedicated team.
Disclaimer: The article is for informational purposes only and not investment advice.