IL&FSENGG
IL&FS Engineering and Construction Company share price & financials
- Price
- ₹40.56
- Market cap
- ₹539 Cr
- Sector
- Construction
What IL&FS Engineering and Construction Company Limited does
IL&FS Engineering and Construction Company Limited (IECCL) is an engineering, procurement and construction (EPC) company whose sole reporting segment is Roads & Other Infrastructure Projects. It executes most of its work through project consortium joint ventures with other construction firms rather than as sole contractor. The company is a subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS) and, since the group's insolvency crisis, has been under a moratorium and resolution process before the NCLAT, restricting it to completing existing/back-to-back orders rather than bidding for new projects.
Segments
- Roads & Other Infrastructure Projects
- Project joint ventures
- 24 (7 consortium JVs + 17 joint operations)
- Subsidiaries
- 7, including 1 foreign JV subsidiary (Maytas Infra Saudi Arabia)
- Reporting segment
- Roads & Other Infrastructure Projects (single segment)
- Operating status
- Under NCLAT-supervised resolution/moratorium; executing only existing/back-to-back orders, not bidding new projects
- Holding company
- Subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS)
Quarterly results
Q1 FY27: revenue down 8.8%, net profit up 100.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 68 | 102 | 41 | 55 −17% | 62 −8% | 30 −71% | 38 −9% |
| EBITDA | -21 | -4 | -43 | -27 | -9 +58% | -3 +27% | -19 +55% | -9 +65% |
| Net profit | -11 | 1 | 7 | -9 | -1 +88% | 2 +19% | 10 +37% | 0 +100% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +24.3% 1Y
1Y: ₹32.63 on 17 Sept 2025 → ₹40.56. High ₹40.56 (18 Sept 2026), low ₹21.76 (19 Feb 2026).
Valuation and ratios
Current values use the same calculations as the financial screener. Compare FY and TTM where available. Each ratio shows its reporting period.
- Return on capital employed
- -2.95%
- TTM to Jun 2026
How it is calculated
Adjusted EBIT ÷ average capital employed, including minority equity and deposits.
- -1.16%
- FY ending Mar 2026
How it is calculated
Adjusted EBIT ÷ average capital employed, including minority equity and deposits.
- Return on equity
- -0.43%
- TTM to Jun 2026
How it is calculated
Adjusted profit attributable to owners ÷ average owners’ equity.
- -0.09%
- FY ending Mar 2026
How it is calculated
Adjusted profit attributable to owners ÷ average owners’ equity.
- Return on assets
- 0.81%
- TTM to Jun 2026
How it is calculated
Total profit excluding exceptional items after tax ÷ average total assets.
- 0.18%
- FY ending Mar 2026
How it is calculated
Total profit excluding exceptional items after tax ÷ average total assets.
- Operating margin (EBITDA)
- -22.00%
- TTM to Jun 2026
How it is calculated
Operating profit ÷ revenue.
- -30.85%
- FY ending Mar 2026
How it is calculated
Operating profit ÷ revenue.
- Net margin
- 7.39%
- TTM to Jun 2026
How it is calculated
Total profit excluding exceptional items after tax ÷ revenue.
- 1.60%
- FY ending Mar 2026
How it is calculated
Total profit excluding exceptional items after tax ÷ revenue.
- Free cash flow margin
- -60.61%
- FY ending Mar 2026
How it is calculated
(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
- Cash conversion (CFO/PAT)
- —
- FY ending Mar 2026
How it is calculated
Operating cash flow ÷ reported total net profit.
- Capex intensity
- 1.28%
- FY ending Mar 2026
How it is calculated
Fixed-asset purchases ÷ revenue.
- Revenue growth (YoY)
- -33.48%
- TTM to Jun 2026
How it is calculated
Revenue change against the same period one year earlier.
- -41.43%
- FY ending Mar 2026
How it is calculated
Revenue change against the same period one year earlier.
- PAT growth (YoY)
- —
- TTM to Jun 2026
How it is calculated
Adjusted profit attributable to owners vs the same period one year earlier.
- —
- FY ending Mar 2026
How it is calculated
Adjusted profit attributable to owners vs the same period one year earlier.
- EBITDA growth (YoY)
- —
- TTM to Jun 2026
How it is calculated
Operating profit vs the same period one year earlier.
- —
- FY ending Mar 2026
How it is calculated
Operating profit vs the same period one year earlier.
- Debt to equity
- —
- FY ending Mar 2026
How it is calculated
Borrowings ÷ owners’ equity.
- Interest coverage
- 5.60×
- TTM to Jun 2026
How it is calculated
Adjusted EBIT ÷ interest expense.
- 2.00×
- FY ending Mar 2026
How it is calculated
Adjusted EBIT ÷ interest expense.
- Asset turnover
- 0.11×
- TTM to Jun 2026
How it is calculated
Revenue ÷ average total assets.
- 0.11×
- FY ending Mar 2026
How it is calculated
Revenue ÷ average total assets.
- Net debt
- ₹2,447.00 Cr
- FY ending Mar 2026
How it is calculated
Borrowings less cash equivalents.
- Net debt / EBITDA
- —
- TTM to Jun 2026
How it is calculated
(Borrowings − cash equivalents) ÷ adjusted EBITDA.
- —
- FY ending Mar 2026
How it is calculated
(Borrowings − cash equivalents) ÷ adjusted EBITDA.
- Financial leverage (average assets/equity)
- —
- FY ending Mar 2026
How it is calculated
Average total assets ÷ closing owners’ equity.
- Net interest income
- —
- TTM to Jun 2026
How it is calculated
Interest earned less interest expense.
- —
- FY ending Mar 2026
How it is calculated
Interest earned less interest expense.
- Deposit growth
- —
- FY ending Mar 2026
How it is calculated
Deposits vs the same period one year earlier.
- Price to earnings
- 39.57×
- TTM to Jun 2026
How it is calculated
Current market cap ÷ adjusted profit attributable to owners for the selected income period. Uses current market cap, not the share price at the period end.
- 179.67×
- FY ending Mar 2026
How it is calculated
Current market cap ÷ adjusted profit attributable to owners for the selected income period. Uses current market cap, not the share price at the period end.
- Price to book
- —
- TTM to Jun 2026
How it is calculated
Market cap ÷ owners’ equity from the balance sheet selected for the TTM inputs. Uses current market cap, not the share price at the period end.
- EV / EBITDA
- 135.97×
- TTM to Jun 2026
How it is calculated
(Market cap + borrowings + deposits − cash equivalents) ÷ adjusted EBITDA. Uses current market cap, not the share price at the period end.
- 248.83×
- FY ending Mar 2026
How it is calculated
(Market cap + borrowings + deposits − cash equivalents) ÷ adjusted EBITDA. Uses current market cap, not the share price at the period end.
- Earnings yield
- 0.51%
- TTM to Jun 2026
How it is calculated
Adjusted EBIT ÷ enterprise value. Uses current market cap, not the share price at the period end.
- 0.20%
- FY ending Mar 2026
How it is calculated
Adjusted EBIT ÷ enterprise value. Uses current market cap, not the share price at the period end.
- Debtor days
- 112.00 days
- FY ending Mar 2026
How it is calculated
Reported receivable days from the annual accounts.
- Inventory days
- 221.00 days
- FY ending Mar 2026
How it is calculated
Reported inventory days, using material cost / cost of goods sold.
- Days payable
- —
- FY ending Mar 2026
How it is calculated
Reported payable days, using material cost / cost of goods sold.
- Cash conversion cycle
- —
- FY ending Mar 2026
How it is calculated
Reported debtor days plus inventory days less payable days.
- Working capital days
- —
- FY ending Mar 2026
How it is calculated
Reported net working capital days from the annual accounts.
- Dividend payout
- 0.00%
- FY ending Mar 2026
How it is calculated
Reported dividend payout as a percentage of annual profit.
- Market cap
- ₹539.00 Cr
- Current market cap
How it is calculated
Market capitalisation from the current stock record.
A dash means inputs are missing or too old, the ratio does not apply, or the value is outside our supported range. FY uses the reported fiscal period; TTM uses the latest twelve months. Valuations use current market cap with the selected earnings period.
Screen Indian stocks using these ratios →Annual ratio history
| Period ending | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Return on capital employed | -89.86% | 134.17% | 22.02% | 21.05% | 5.80% | -1.16% |
| Return on equity | 9.13% | 6.94% | 3.83% | 3.77% | 1.07% | -0.09% |
| Return on assets | -8.93% | -9.47% | -6.29% | -6.74% | -1.99% | 0.18% |
| Operating margin (EBITDA) | -66.37% | -70.78% | -70.06% | -65.25% | -22.74% | -30.85% |
| Net margin | -71.17% | -67.21% | -67.23% | -46.33% | -10.59% | 1.60% |
| Free cash flow margin | 9.18% | 34.94% | 4.52% | -25.88% | -14.73% | -60.61% |
| Cash conversion (CFO/PAT) | — | — | — | — | — | — |
| Capex intensity | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 1.28% |
| Revenue growth (YoY) | -40.75% | -7.51% | -42.53% | 46.33% | 23.94% | -41.43% |
| PAT growth (YoY) | — | — | — | — | — | — |
| EBITDA growth (YoY) | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | — | — |
| Interest coverage | -4.53× | -3.50× | -4.17× | -8.31× | -7.50× | 2.00× |
| Asset turnover | 0.13× | 0.14× | 0.09× | 0.15× | 0.19× | 0.11× |
| Net debt | ₹2,408.00 Cr | ₹2,337.00 Cr | ₹2,340.00 Cr | ₹2,330.00 Cr | ₹2,354.00 Cr | ₹2,447.00 Cr |
| Net debt / EBITDA | — | — | — | — | — | — |
| Financial leverage (average assets/equity) | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — |
| Deposit growth | — | — | — | — | — | — |
| Debtor days | 147.00 days | 90.00 days | 154.00 days | 56.00 days | 63.00 days | 112.00 days |
| Inventory days | 151.00 days | 138.00 days | 264.00 days | 143.00 days | 116.00 days | 221.00 days |
| Days payable | — | — | — | — | — | — |
| Cash conversion cycle | — | — | — | — | — | — |
| Working capital days | — | — | — | — | — | — |
| Dividend payout | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
The same formulas applied to each reported year. Periods longer or shorter than twelve months are labelled and are not annualised. Current prices are not used for historical valuations.
Financials, as filed
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹177 Cr | ₹259 Cr | ₹321 Cr | ₹188 Cr |
| Operating profit | ₹-124 Cr | ₹-169 Cr | ₹-73 Cr | ₹-58 Cr |
| Interest | ₹23 Cr | ₹13 Cr | ₹4 Cr | ₹3 Cr |
| Depreciation | ₹11 Cr | ₹7 Cr | ₹7 Cr | ₹6 Cr |
| Net profit | ₹-124 Cr | ₹-77 Cr | ₹-5 Cr | ₹1 Cr |
| Cash from operations | ₹8 Cr | ₹-73 Cr | ₹-49 Cr | ₹-112 Cr |
| Free cash flow | ₹8 Cr | ₹-67 Cr | ₹-47 Cr | ₹-114 Cr |
How to read this
Reported financial amounts. Ratios and their reporting periods are shown above.
Balance sheet
| Year ending | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr |
| Reserves | ₹-3.1k Cr | ₹-3.2k Cr | ₹-3.3k Cr | ₹-3.3k Cr | ₹-3.3k Cr | ₹-3.3k Cr |
| Borrowings | ₹2.7k Cr | ₹2.7k Cr | ₹2.7k Cr | ₹2.7k Cr | ₹2.7k Cr | ₹2.7k Cr |
| Other liabilities | ₹2.2k Cr | ₹2.3k Cr | ₹2.2k Cr | ₹2.2k Cr | ₹2.2k Cr | ₹2.2k Cr |
| Total liabilities | ₹1.9k Cr | ₹1.9k Cr | ₹1.7k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
| Fixed assets | ₹49 Cr | ₹42 Cr | ₹33 Cr | ₹28 Cr | ₹25 Cr | ₹25 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹45 Cr | ₹50 Cr | ₹14 Cr | ₹18 Cr | ₹19 Cr | ₹18 Cr |
| Other assets | ₹1.8k Cr | ₹1.8k Cr | ₹1.7k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
| Total assets | ₹1.9k Cr | ₹1.9k Cr | ₹1.7k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.22 pp while FIIs trimmed −0.18 pp. The shareholder count shrank 4% to 26,617.
- Promoters
- 42.3%
- FIIs
- 0.7%
- DIIs
- 0.3%
- Public
- 56.7%
Since Jun 2025
- Public +0.22 pp
- FIIs −0.18 pp
- DIIs −0.04 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 42.3%, FIIs 0.2%, DIIs 1.3%, Public 56.3%.Dec '23: Promoters 42.3%, FIIs 0.2%, DIIs 1.3%, Public 56.3%.Mar '24: Promoters 42.3%, FIIs 0.2%, DIIs 1.3%, Public 56.3%.Jun '24: Promoters 42.3%, FIIs 0.2%, DIIs 0.8%, Public 56.7%.Sep '24: Promoters 42.3%, FIIs 0.6%, DIIs 0.4%, Public 56.8%.Dec '24: Promoters 42.3%, FIIs 0.8%, DIIs 0.4%, Public 56.6%.Mar '25: Promoters 42.3%, FIIs 0.9%, DIIs 0.4%, Public 56.5%.Jun '25: Promoters 42.3%, FIIs 0.9%, DIIs 0.4%, Public 56.5%.Sep '25: Promoters 42.3%, FIIs 0.9%, DIIs 0.4%, Public 56.5%.Dec '25: Promoters 42.3%, FIIs 0.9%, DIIs 0.4%, Public 56.4%.Mar '26: Promoters 42.3%, FIIs 0.7%, DIIs 0.3%, Public 56.7%.Jun '26: Promoters 42.3%, FIIs 0.7%, DIIs 0.3%, Public 56.7%.
Who is on the register
Named in the Jun 2026 filing
Every holder of IL&FS Engineering and Construction Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sbg Projects Investments Limited | 27.87% | unchanged |
| IL&FS Financial Services Limited | 21.29% | unchanged |
| Infrastructure Leasing and Financial Services Limited NBFC / DFI | 20.96% | unchanged |
| Snr Investments Pvt Ltd | 4.00% | unchanged |
| Veeyes Investments Private Limited | 4.00% | unchanged |
| Guttikonda Vara Lakshmi | 1.53% | unchanged |
| B Teja Raju | 1.14% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse IL&FS Engineering and Construction Company Limited
Guides on how to read this kind of business and the numbers that matter.