Market Brief: Engineers India Limited (EIL) Performance Update Engineers India Limited has reported a standout financial performance for the third quarter of the 2025-26 fiscal year. The state-run engineering consultancy witnessed its consolidated net profit skyrocket to **₹347.17 crore**. This represents a more than threefold increase compared to the **₹108.73 crore** recorded in the same period last year. The surge in profitability was primarily fueled by a significant turnaround in the turnkey projects segment. Revenue from operations climbed **58.3%** year-on-year to reach **₹1,210.2 crore**. While consultancy earnings remained steady, the turnkey business benefited from a one-time contract price adjustment and provision reversals totaling approximately **₹226 crore** following the mechanical completion of a major project. Dividend and Shareholder Returns Following these robust results, the company’s board is scheduled to meet on **February 26, 2026**, to consider a second interim dividend for the current financial year. The record date to determine eligible shareholders has been fixed for **March 6, 2026**. This follows an earlier interim dividend of **₹1 per share** declared in late 2025. Order Book and Market Position EIL's order book has reached an all-time high of approximately **₹15,800 crore**. A key driver of this growth is the company's aggressive international expansion. Overseas contracts now account for roughly **40%** of the total order book and **65%** of fresh order inflows. A landmark **$360 million** contract from Nigeria's Dangote Group for refinery expansion remains a cornerstone of this global portfolio. Stock Market Dynamics Despite the record-breaking quarterly figures, the stock has experienced notable volatility. On February 17, 2026, EIL shares ended approximately **5% lower** at **₹215.25** on the BSE. This decline is attributed to profit booking after a sharp **19% rally** in the preceding trading sessions. The company maintains a strong financial profile with **zero debt** and an improved EBITDA margin, which expanded to **29.1%** this quarter from **12.8%** a year ago. Analysts note that while the recent margin spike was influenced by one-off accounting reversals, the growing international project mix provides strong revenue visibility for the medium term.