IL&FSENGG
IL&FS Engineering and Construction Company financials
- Market cap
- ₹531 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 +18.6% 1Y
1Y: ₹32.5 on 10 Sept 2025 → ₹38.54. High ₹39.09 (10 Sept 2026), low ₹21.76 (19 Feb 2026).
Financials, as filed
Revenue grew 2.1% a year over 3 years, FY23 to FY26. Operating margin widened to -30.9%.
| 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 |
| Operating margin | -70.2% | -65.4% | -22.6% | -30.9% |
| 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 |
| Net margin | -70.0% | -29.9% | -1.5% | 0.7% |
| 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
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr | ₹131 Cr |
| Reserves | ₹-2.7k Cr | ₹-3.1k Cr | ₹-3.2k 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 | ₹2.4k Cr | ₹2.2k Cr | ₹2.3k Cr | ₹2.2k Cr | ₹2.2k Cr | ₹2.2k Cr |
| Total liabilities | ₹2.4k Cr | ₹1.9k Cr | ₹1.9k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
| Fixed assets | ₹72 Cr | ₹49 Cr | ₹42 Cr | ₹33 Cr | ₹25 Cr | ₹25 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹41 Cr | ₹45 Cr | ₹50 Cr | ₹14 Cr | ₹19 Cr | ₹18 Cr |
| Other assets | ₹2.3k Cr | ₹1.8k Cr | ₹1.8k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
| Total assets | ₹2.4k Cr | ₹1.9k Cr | ₹1.9k Cr | ₹1.7k Cr | ₹1.6k Cr | ₹1.6k Cr |
How to read this
As filed each year. 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
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