ईमेल/e-mail: company.secretary@eil.co.

in, दरू भाष /Phone: 011-26762489

कंपनी सचिवालय/ COMPANY SECRETARIAT

सं.सचिव/No. Secy/906/9/10 30.05.2025

The BSE Limited The National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor
Dalal Street, Fort Bandra Kurla Complex
Mumbai – 400 023 Bandra (East), Mumbai-400051
Scrip Code-532178 Symbol-ENGINERSIN

विषय: नििेशक प्रस्तुनत: वित्तीय िषष 2024-25 के नतमाही/िषष के परिणाम पि हाइलाइट्स

Sub: Investor Presentation: Highlights on Quarterly/Yearly Results FY 2024-25

प्रिय महोदय/महोदया,
Dear Sir/Madam,

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, the Investor Presentation highlighting the business and Financial Results for the quarter/year ended
31st March, 2025 is enclosed herewith. This is for your records and for the purpose of dissemination of
information widely to the members.

The copy of the presentation is also being hosted on the website of the Company at
https://engineersindia.com/Investor/Landing.

धन्यवाद/Thanking you,

भवदीय/Very
truly yours,

कर्त इंजीननयसत इंडिया लललमटे ि

For Engineers India Limited

Digitally signed by SUVENDU

KUMAR PADHI
Date: 2025.05.30 17:56:36
+05'30'
एस. के. पाढ़ी/ S.K. Padhi
कंपनी सचिव एवं अनुपालन अचधकारी/
Company Secretary & Compliance officer

संलग्न: यथोपरर/Encl: as above

 Engineers India Limited

Investor Presentation
Annual Results : FY 24-25

Delivering Excellence Through People

1
Contents

Page #

1 Overview of Engineers India Limited 3

2 Track Record and Credentials 13

3 Financials and Order Book Overview 21

4 Major Order secured in FY 2023-24 34

5 Orders in hand 40

6 Outlook 45

Delivering Excellence Through People

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 1

Overview

Delivering Excellence Through People

3
Company Overview
❖ Global Engineering Consultancy Project Management & Total solutions
Company
❖ A NAVRATNA CPSE under the aegis of Ministry of Petroleum and Natural Gas
❖ Over 8000 assignments including 700 Major assignments
❖ Significant track record across entire Oil & Gas value chain with experience of
landmark projects
❖ In-house and collaborative R&D Technologies (more than 40 process
technologies)

❖ International presence : Middle East, Africa, South Asia & Central Asia, East
Asia (Mongolia), South America (Guyana)
❖ Diversification: Infrastructure, Strategic crude oil storage, Fertilizer, Ports, LNG,
Water & Waste Water Management, Coal Gasification, Ferrous & Non-Ferrous,
Renewables and Clean Energy
❖ Sunrise Sectors: Biofuels, Green Hydrogen & Ammonia, Energy Transition

❖ Large Resource Pool of around 2700 employees

Delivering Excellence Through People
❖ EIL has been certified to ISO 9001, 14001 and 45001
4
Marquee Projects

Dangote Refinery
& Petrochemical

HRRL Integrated
Refinery Complex

GGSR Refinery
& Cracker

Strategic Storage –
Visakhapatnam, Padur,
Mangalore

Delivering Excellence Through People

5
Board of Directors (as on 29.05.2025)

Chief Vigilance Officer

C&MD
• Shri Rajnesh Singh
• Smt. Vartika Shukla
Director (Govt. Nominee)
• Shri Arun Kumar
Functional Directors
Non-official Independent Directors
• Shri Sanjay Jindal, Director (Finance)
• Shri Atul Gupta, Director (Commercial) • Shri Deepak Mhaskey
• Shri Rajiv Agarwal, Director (Technical) • Ms Karuna Gopal
• Shri Subhas Balakumar, Director (Projects) • Shri Mahesh Goyal
• Shri Rupesh Kumar Singh, Director (HR) • Shri Shambhu Nath Keshri

Delivering Excellence Through People

6
Key Milestones – 60 years of Service to the Nation
⚫ Wholly owned ⚫ Commenced first ⚫ Expansion in ⚫ Diversified into ⚫ Commenced services in ⚫ Refinery project under LOC in
Government of international Hydrocarbons value Infrastructure in sub-surface crude Mongolia
India (GoI) assignment chain 2001 storages (Vizag, Padur & ⚫ Minority stake acquisition in
company  Offshore Mangalore) in 2006 NRL
⚫ Entered Fertilizer and ⚫ Successful FPO of 3.36 Cr ⚫ Sub-surface storage of LPG
 Pipelines
Non-ferrous shares of Rs. 5 each in ⚫ Coal / Lignite Gasification
metallurgical sector  Onshore oil and 2010 ⚫ New territory of Latin America
gas
⚫ Entry into Defense sector
⚫ New office in KSA & Guyana

1965 1967 1969 1970-72 1975-78 1989 1997 2000 - 2010 2011-17 2018 -25

⚫ Incorporated ⚫ Expansion to ⚫ R&D centre in ⚫ Listed on the BSE and ⚫ Diversification into water segment
pursuant to a Petrochem with IPCL Gurgaon NSE
⚫ Asset Ownership in Fertilizer
formation agreement (now Reliance
between GoI and Industries Ltd) ⚫ Process Technologies ⚫ Accorded the Mini ⚫ Largest overseas order from Nigeria
Bechtel in Refining and Gas Ratna status ⚫ Awarded the Navratna Status in 2015
Processing
⚫ Commenced work in ⚫ 20% stake offloaded by GoI (FPO/OFS) in 2016
refineries

Delivering Excellence Through People

7
Lines of Business
VISION: “To be a Global Leader offering Total Energy Solutions for a Sustainable Future”
Oil & Gas Storages &
Petroleum Refining Petrochemicals Pipelines Fertilizers Terminals
(Offshore & Onshore)

Mining & Water and Clean & Green

Infrastructure Coal Bio Fuels
Metallurgy Waste Water Technologies
Management Gasification (Green Hydrogen)

Delivering Excellence Through People

8
Service Offering : From Concept to Commissioning

Technology Process Project Engineering

Licensing Design Management
• Conceptualization of Process • Configuration study • Integrated Project • FEED
• Process Modelling & simulation • Pre-feasibility studies Management services • Residual engineering
• Bench / Pilot Studies • Technology and licensor • Project Control – Planning & • Detailed engineering
• Technology Development & selection Scheduling, Monitoring • Engineering for
Licensing • Conceptual design & feasibility • Cost estimate and Control procurement
• Scaling up (Own / • Process design package • Project Risk Assessment & • Engineering for
Collaborative) Mitigation construction

Delivering Excellence Through People

9
Service Offering : From Concept to Commissioning

Supply Chain Construction Commissioning Specialized Certification

Management Management Services (through CEIL)

• Supplier and contractor • Construction Supervision • Pre-commissioning and • Environment and Water • EIL subsidiary –
management • Materials /Warehouse Commissioning Assistance Study Certification Engineers
• Procurement Assistance management
• Heat and Mass Transfer International Limited
• Inspection and Expediting • Quality Assurance and
• Health and Safety, (CEIL)
• Vendor development HSE Management
HAZOP, SIL studies, • Certification and Re-
• Progress Scheduling and
RRA, Safety audit certification services
Monitoring
• Specialist Materials and • Third party inspection
• Mechanical Completion
Maintenance
• Site closure
• Finite Element Analysis,
Critical Stress analysis

Delivering Excellence Through People

10
Service Offering & Business Models

Consultancy Contracting Process Design & Hardware

Technology Licensing Supply

Studies Refining
OBE Desalter
(Concept/ (CDU/VDU, DHDT,
configuration/ LPGTU, SRU, TGTU, DCU,
Feasibility) ATF Hydrotreating
LSTK / EPC Contactors /
Structured Packing
FEED/PMC Gas Processing
Depository (C2/C3 Recovery, Coalescer
sweetening)
EPCM
Oxygen Mixing
Device
Owners
Engineers

Delivering Excellence Through People

11
EIL Manpower Resources
Qualification Count Personnel Experience
Graduates in Engineering 1974 13% 16%

Post Graduates in Engineering 265

Doctorates in Engineering 9 21%

Total Personnel with Engineering Qualification (Technical

2248
Manpower)
51%
Other Professionals (MBA/MCA/CA/ICWA/CS) 126
0-10 10-20 20-30 30 & Above

Role Count • 3.5 Million Man-hours are available annually in EIL

offices.
Project Management and Control 277
• 1.3 Million Man-hours are available annually at
Engineering and Technology 1233 construction sites.
Construction 550 • Average Attrition Rate is 2.09% per year (Past 3 FYs)
Commercial and Procurement 281 • Approx 11.99% are Female employees. Out of these
Company Mgmt, HR and Finance & Others 295 76.89% are Technical
Total 2636 • Average Age 41.06 years

As on 31st March, 2025

Delivering Excellence Through People
12
 2

Track Record and

Credentials

Delivering Excellence Through People

13
Technology & R&D Capabilities
Refining
R&D Center at Gurugram (DHDT, LPGTU,
SRU, DCU)
Gas
Hardware Processing
Licensor for 40 Process Technologies (Structured (C2/C3
(48 active Patents, 61 pending grant) Packing, Recovery,
Internals) Sweetening)
Product /
Technology
> 60% of process technologies in refineries indigenized Basket
Renewables
Sunshine
Areas (Solar power
Technology collaboration with various R&D Centers & integration)
Institutions (SAF, 2G
Ethanol, CCUS) Environment
(SWS, Off -
Scale up, Basic Design, Engineering expertise leading to gas
treatment)
Commercialization successfully demonstrated

100% Engineering indigenization in high tech domain of oil

& gas achieved

Forayed into Bio-refinery implementation and other Green

Energy sectors through collaboration
Delivering Excellence Through People
14
Strong Track Record With Diverse Client Base
91 Major Refinery Projects As of March 2025
including 10 Green-field Projects

45 Onshore Oil & Gas http://www.petrofed.org/images/bpcl.jpg

13 Major Petrochemical Projects

JINDAL
Processing Projects

248 Offshore Projects including

Process Platforms

54 Pipeline Projects petronas_logo_svg

12 Fertiliser Projects
BCIC Mongol Refinery

BCPL
logo1

15 Ports & qp_arabic 42 Infrastructure

Terminals Projects
logo

33 Mining & Metal http://www.petrofed.org/logos/GSPC.jpg

http://www.petrofed.org/images/numaligarh.jpg

Projects 24 Turnkey Projects

Strategic Storages 30+ Power / Captive

3 Locations Power Projects

15+ Gasification Delivering Excellence Through People

Assignments
15
Leadership Position in Refineries & Petrochemicals in India
Milestones

❖ 20 out of 23 Refineries in India have

EIL Footprints

❖ Installed 11 out of the 12 mega

petrochemical complexes in India.

❖ Built combined refining capacity of

more than 165 MMTPA (3.3 million
BPD) in India
❖ Engineered 10 grass-root
refineries.

❖ Forayed into new areas such as

Underground Caverns for storages

Paradip Refinery & ❖ Product upgradation leapfrogging

Petrochem Complex
to BSVI product quality for MS and
Diesel pan India
❖ Integrated Refinery and
Petrochemical Work in progress at
Rajasthan, Bina, Paradip

Delivering Excellence Through People

16
 International Presence DORC ,
650 kbpsd
BPC, 68
kbpsd Mongol
Sonatrach Grassroot Grassroot Refinery,
Refinery Refinery Refinery 34 kbpsd
Ongoing Overseas Projects:
Rehabilitation cum Grassroot ❖ DORC, Nigeria
, ~330 & 70 Petchem IBF Refinery ❖ Petchem Project –
Branch / Representative Office kbpsd Pipeline Undisclosed - Africa
Refinery PADAH ❖ LNG Project – undisclosed -
• Abu Dhabi, UAE LNG Africa
❖ Sonatrach, Algeria
Moscow ❖ Mongol Refinery
❖ Guyana NGL and Power
LONDON
Project
MILAN MONGOLIA ❖ ADNOC Projects, UAE
Inspection Office TURKEY
IRAN
SHANGHAI

• London, UK ALGERIA
BANGLADESH >150 Projects for
❖ ADNOC Group
• Milan, Italy NIGERIA
MIDDLE EAST
❖ ADOC(Japan)
• Shanghai, China GUYANA
SRILANKA ❖ Borouge
❖ FERTIL
INDONESIA
KENYA ❖ NPCC
❖ ORPIC
Current Operational Site / Client Office MAURITIUS
❖ BAPCO,
BANAGAS
• Sainshand, Mongolia ❖ KNPC
• Lagos, Nigeria ❖ KIPIC
• Guyana KPRL
Panca Amara
STC, POL IOC, Utama Fertilizer
Integrated Natural Gas
Antarctica , Refinery COT & Plant
Liquids (NGL) Plant and Marketing
Environmental Expansion JETTY
300 MW CCGT Power Plant Terminal
Studies Study Delivering Excellence Through People
Map Not to scale, Illustration purpose only 17
 International Presence Sonatrach
DORC , 650
kbpsd
BPC, 68
kbpsd Mongol
Grassroot Grassroot Refinery,
Refinery Refinery Ongoing Overseas Projects:
Branch Office Rehabilitation ,
Refinery
cum
34 kbpsd
Grassroot
✓ DORC, Nigeria
~330 & 70 IBF ✓ ODUM Energy, Nigeria
Petchem Refinery
• Abu Dhabi kbpsd Pipeline ✓ Padah LNG, Nigeria
Refinery ✓ Sonatrach, Algeria
PADAH
✓ Mongol Refinery, Mongolia
LNG
✓ Guyana NGL and Power Project
✓ ADNOC Projects, UAE
Moscow
JV Office
LONDON
• LLC-BEO (Bharat Energy Office) MONGOLIA

(JV of 5 Oil PSUs: OIL, OVL, GAIL, MILAN

IOCL & EIL)
TURKEY
IRAN
Inspection Office SHANGHAI

BANGLADESH
ALGERIA
>150 Projects for
• London, UK MIDDLE EAST
❖ ADNOC Group
NIGERIA
• Milan, Italy GUYANA ❖ ADOC(Japan)
• Shanghai, China SRILANKA ❖ Borouge
INDONESIA
❖ FERTIL
KENYA ❖ NPCC
❖ ORPIC
Site / Client Office MAURITIUS
❖ BAPCO,
BANAGAS
• Sainshand / Ulaanbaatar, ❖ KNPC
Mongolia ❖ KIPIC
• Lagos, Nigeria
• Guyana IOC,
Panca Amara
Integrated Natural Gas KPRL Utama Fertilizer
STC, POL COT
Antarctica , Liquids (NGL) Plant and Refinery Plant
Marketing AND
Environmental 300 MW CCGT Power Expansion
Terminal JETTY
Studies Plant Study
Delivering Excellence Through People
Map Not to scale, Illustration purpose only 18
International Clientele - Focus in Overseas Geographies
Regions Key Clients Regions Key Clients
Countries Countries

Middle East UAE • ADNOC Group Companies (Formerly ADMA South-East Malaysia • Petronas
OPCO; GASCO; TAKREER ; ZADCO; ADGAS;
Indonesia • PT Pertamina (Persero)
Borouge; FERTIL; etc)
• PT Wijaya Karya (Persero) tbk - WIKA
• NMDC; BUNDUQ
• PT Panca Amara Utama - PAU
Asia Bangladesh • BCIC (Bangladesh Chem Ind Corp)
Bahrain • BANAGAS (Bahrain National Gas) • BPC (Bangladesh Petroleum Corp)
• BAPCO (Bahrain Petroleum Co) • Padma Oil Company Limited (POCL)
• ALBA • Super Petrochemical (Pvt.) Ltd

Kuwait • KNPC Mongolia • Ministry of Mining and Heavy Industry

• KOC (Mongol Refinery State Owned LLC)
• KAFCO Africa Algeria • SONATRACH
• Equate • Ourhoud
• PIC (Petrochemical Ind Co) • Occidental
Ghana • BOST (Bulk Oil Storage & Transportation
Oman • OQ Co Ltd )
• SIUCI
• OOC Kenya • KPRL (Kenya Petroleum Refineries Limited)

Saudi • Saudi Aramco Nigeria • Dangote

Arabia • Saudi Basic Industries Corporation(SABIC) • ODUM Energy
• Indorama
Turkey • Türkiye Petrolleri Anonim Ortaklığı (TPAO) Mauritius • State Trading Corporation (STC)
• BOTAŞ Petroleum Pipeline Corporation South America Guyana • Guyana Power and Gas Inc.

Delivering Excellence Through People

19
Recent Awards and Accolades
Governance Now 10th PSU IT Award in May 2025 for best use of emerging technologies and Data analytics and Business
Intelligence
Women’s Leadership Award in Engineering and Sustainable Technology at the 5th Edition of the IOGTC 2025 Upstream
Conference in April 2025
16th CIDC Vishwakarma Achievement Award in April 2025 for
• Best Construction Project- BS-VI Auto Fuels Project, Chennai
• Construction Health, Safety & Environment- Restoration of Gas Terminal 1 Part A ONGC Hazira
Energy Excellence Award 2025 in March 2025 at the Oil Gas & Power World Expo 2025, organized by CHEMTECH
Foundation for its outstanding achievement in R&D and Innovation

Governance Now 11th PSU Awards in Feb 2025 for

• The PSU Leadership Award- CMD/ MD
• Excellence in Innovation
• Innovation in Geo-Strategic Projects

Golden Peacock Risk Management Award in Nov 2024 for Company’s ability to rapidly accelerate the pace of improving the
Risk Assessment and Management System (RAM)
Golden Peacock Occupational Health and Safety Award in June 2024 for best practices for Occupational Health & Safety at
the Corporate Level
Golden Peacock National Training Award in March 2024 for initiatives and commitment to development in the domain of
training and staff development programs
Golden Peacock Award for Corporate Social Responsibility in January 2023 for successful CSR initiatives in promoting
sustainable development

Delivering Excellence Through People

20
 3

Financials and Order

Book Overview

Delivering Excellence Through People

21
Financial and Operating Track Record - Consolidated

Total Income (INR mn)* Revenue Segmentation*

Consulting Turnkey
40,000 60%
50%
INR mn

40%
30% 56% 56%
55% 51% 49% 54%
30,000 45% 44% 46% 44%
20%
34,946 35,000
33,329 32,478 10%
30,427
0%
2020-21 2021-22 2022-23 2023-24 2024-25
20,000
2020-21 2021-22 2022-23 2023-24 2024-25 ** Revenue does not include Other Income

Consultancy & Engineering Revenue (INR mn)* Turnkey Projects Revenue (INR mn)*
20,000 20,000
18,000
16,000 16,000

INR mn
INR mn

14,000
12,000 12,000
10,000
8,000 17,380 17,214 18,658 17,779
14,228 14,999 14,643 15,030 8,000
6,000 14,129 13,496
4,000 4,000
2,000
0 0
2020-21 2021-22 2022-23 2023-24 2024-25 2020-21 2021-22 2022-23 2023-24 2024-25

Note: All figures have been taken on a consolidated basis

Delivering Excellence Through People
22
Financial and Operating Track Record - Consolidated
EBITDA## Performance (INR mn)*

6,000 18%
17%
16%

14%
12%
4,000 12%
INR mn

9% 9% 10%

5,123 8%
6%
2,000 6%
3,441
3,083 2,971 4%
1,949
2%

0 0%
2020-21 2021-22 2022-23 2023-24 2024-25

EBITDA (INR mn) - LHS EBITDA Margins (%) - RHS

Note: All figures have been taken on a consolidated basis

## EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization (does not include Other Income)

Delivering Excellence Through People

23
Financial and Operating Track Record - Consolidated

Profitability (INR mn)* Earnings per Share – EPS (INR)* Return on Net Worth (%)*

INR Mn INR INR mn

8,000 40% 30,000 80%

20.0
26,693
35% 18.0 70%
25,000
16.0 22,463
6,000 5,798 30% 60%
14.0 19,615
20,000
25% 17,507 17,700 50%
4,453
12.0
10.3
4,000 19% 20%
3,463 10.0 15,000 40%

14% 15% 8.0

2,489 7.9 30%
10% 10,000 22%
6.0 6.2 20%
2,000 8% 10% 4.0 18%
1,395 20%
14%
5% 4.0
5% 5,000 8%
2.5 10%
2.0
0 0%
2020-21 2021-22 2022-23 2023-24 2024-25 0.0 0 0%
2020-21 2021-22 2022-23 2023-24 2024-25 2020-21 2021-22 2022-23 2023-24 2024-25
Profit After Tax (INR mn) - LHS
EPS (Basic and Diluted) Net worth (INR mn) - LHS
PAT Margins (%) - RHS
Return on Networth (%) - RHS

Note: All figures have been taken on a consolidated basis

Delivering Excellence Through People
24
Financial and Operating Track Record - Consolidated
Dividend Distribution (INR mn)*

7,500 140%

120%
6,000 121%
100%

4,500
80%
60% 60% 60% 60%
60%
3,000 45%
49%
38% 40%
40% 29%
1,500 1,686 1,686 1,686 1,686 20%
1,124

0 0%
2020-21 2021-22 2022-23 2023-24 2024-25

Gross Dividend (INR) - LHS Dividend Payout (%) - RHS Dividend Rate (%) - (RHS)

* Note: All figures have been taken on a consolidated basis

Dividend Payout calculated as a percentage of Profit After Tax (PAT)
Consistent Dividend Track Record
Delivering Excellence Through People
25
Annual Performance Summary – Standalone
Rs Mn
TURNOVER 2024-25 2023-24 2022-23 2021-22 2020-21
Consultancy 16,788 14,543 14,179 14,575 13,833
Turnkey 13,496 17,779 18,659 14,129 17,214
Consultancy + Turnkey 30,284 32,322 32,838 28,704 31,047
Other Income 1,696 2,246 1,691 1,367 1,949
Total Income 31,980 34,568 34,529 30,071 32,996

SEGMENT PROFITS 2024-25 2023-24 2022-23 2021-22 2020-21

Consultancy 5,096 3,253 3,830 4,085 3,799
Turnkey 1054 1,024 521 356 558
Consultancy % 30% 22% 27% 28% 27%
Turnkey % 8% 6% 3% 3% 3%

PAT 2024-25 2023-24 2022-23 2021-22 2020-21

PAT 4,652 3,570 3,422 3,444 2,595
PAT % 15% 11% 10% 12% 8%
Note: All figures are on standalone basis and rounded off to nearest digit

Delivering Excellence Through People

26
Quarterly Performance Summary – Standalone
Rs Mn

TURNOVER Q1 Q2 Q3 Q4 H1 H2 9M Annual

Consultancy – Domestic 2617.89 2787.02 3087.54 4585.67 5404.91 7673.21 8492.45 13078.12

Consultancy - Overseas 847.53 1042.60 980.36 839.03 1890.14 1819.39 2870.49 3709.52

Consultancy Total 3465.42 3829.62 4067.90 5424.70 7295.05 9492.60 11362.94 16787.64

Turnkey 2640.81 2934.71 3433.72 4486.64 5575.52 7920.36 9009.24 13495.88

Consultancy + Turnkey 6106.23 6764.33 7501.62 9911.34 12870.57 17412.96 20372.18 30283.52

Other Income 376.96 529.49 370.46 419.54 906.44 790.00 1276.91 1696.45

Total Income 6483.19 7293.82 7872.08 10330.88 13777.01 18202.96 21649.09 31979.97

SEGMENT PROFIT Q1 Q2 Q3 Q4 H1 H2 9M Annual

Consultancy 521.56 741.36 1047.98 2785.37 1262.91 3833.35 2310.89 5096.26
Turnkey 211.69 165.21 189.20 487.80 376.90 677.00 566.10 1053.90
Total 733.25 906.57 1237.18 3273.17 1639.81 4510.35 2876.99 6150.16

Note: All figures are on standalone basis

Delivering Excellence Through People

27
 Quarterly Performance Track Record - Standalone
Total Income

Consultancy Turnkey Other Income

10,000
INR Mn

8,000

6,000 5,425
4804 4947 4973
4544 4364 4627 4487
4161 3,885 4018 4,068
3,715 3,611 3,591 3,830
4,000 3,506 3,456 3,503 3,457 3,465 3434
2641 2935

2,000
669 926
272 257 493 466 292 561 377 529 370 420
0
Q1 22-23 Q2 22-23 Q3 22-23 Q4 22-23 Q1 23-24 Q2 23-24 Q3 23-24 Q4 23-24 Q1 24-25 Q2 24-25 Q3 24-25 Q4 24-25

Revenue Mix (Consultancy Vs Turnkey)

Consulting Turnkey

70%
60%
50%
40%
30% 56% 56% 58% 57% 57% 58% 57% 57%
54% 51% 54% 55%
44% 46% 49% 46% 45%
20% 44% 42% 43% 43% 42% 43% 43%

10%
0%
Q1 22-23 Q2 22-23 Q3 22-23 Q4 22-23 Q1 23-24 Q2 23-24 Q3 23-24 Q4 23-24 Q1 24-25 Q2 24-25 Q3 24-25 Q4 24-25

Note: All figures are on standalone basis

Delivering Excellence Through People
28
Quarterly Performance Track Record – Standalone

Segment Wise Operating Profit

3,000 Consultancy Turnkey 2,785

2,500
1,866
2,000
INR Mn

1,500
1,048
885 822 892
1,000 605 670 690 654 741
492 522 488
500 136 202 237 200 212 165 189
92 91 95
0
Q1 22-23 Q2 22-23 Q3 22-23 Q4 22-23 Q1 23-24 Q2 23-24 Q3 23-24 Q4 23-24 Q1 24-25 Q2 24-25 Q3 24-25 Q4 24-25

Segment Wise Profit %

Consulting Turnkey

60%

50%

40%

30%
50% 51%
20%
12% 11%
26% 23% 23% 5% 8% 26%
10% 17% 2% 19% 3% 20% 4% 18% 5% 19% 6% 6%
15%
2% 2%
0%
Q1 22-23 Q2 22-23 Q3 22-23 Q4 22-23 Q1 23-24 Q2 23-24 Q3 23-24 Q4 23-24 Q1 24-25 Q2 24-25 Q3 24-25 Q4 24-25
-10%

Note: All figures are on standalone basis

Delivering Excellence Through People
29
Business Secured and Order Book – Standalone
Rs Mn
Business Secured FY 24-25 FY 23-24 FY 22-23 FY 21-22 FY 20-21 Consultancy Turnkey
1%
Consultancy 100% 0%
34,996 7,964 6,477 16,515 14,550
(domestic) 44%
80%
Consultancy 73%
62%
10,768 4,985 6,138 356 1,011 60%
(overseas) 99% 100%
40%
Consultancy Total 45,764 12,949 12,615 16,871 15,562 56%
20% 38%
Turnkey 27%
36,377 21,113 34,463 0 130
0%
Total Business 2020-21 2021-22 2022-23 2023-24 2024-25
82,141 34,062 47,078 16,871 15,692
secured
Consultancy Turnkey
Order Book March 25 March 24 March 23 March 22 March 21
100%
Consultancy 66482 46,367 48,296 48,983 45,816 80% 43% 36% 37% 41% 43%

Turnkey 50691 31,868 28,650 27,566 34,003 60%

Total Order Book 117173 78,235 76,946 76,549 79,819 40%

57% 64% 63% 59% 57%
20%
Consultancy % 57% 59% 63% 64% 57%
0%
Turnkey % 43% 41% 37% 36% 43% 2020-21 2021-22 2022-23 2023-24 2024-25

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Business Secured Break up – Standalone
Consultancy Vs LSTK Consultancy Domestic Vs Overseas
Consultancy LSTK Domestic Overseas
24%

44%

56%

76%

Consulting Total Orders

Segmental Break up Segmental Break up
5.79% 6.49% 3.22%
2.49%
1.15% HYDROCARBONS HYDROCARBONS

INFRA
INFRA
35.63%
METAL, POWER &
OTHERS METAL, POWER &
CHEMICALS & OTHERS
FERTILIZERS
CHEMICALS &
FERTILIZERS
90.57%
54.66%

Note : Data on unconsolidated basis

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Order Book Break up – Standalone

OBP: Consultancy Vs LSTK OBP: Domestic Vs Overseas

16%

43%

57%

84%

Consultancy LSTK Domestic Overseas

Note : Data on unconsolidated basis

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Capital Investments – as on FY 24-25

Description Investment 1 Investment 2 Investment 3 Investment 4

Name Ramagundam Fertilizer NELP IX : Two Upstream Assets Minority stake in LLC-BEO (Bharat
Project Numaligarh Refinery Ltd. Energy Office)
(CB-ONN-2010 / 8) CB-ONN-2010 / 11
Implemen-ting M/s Ramagundam M/s Bharat Petro M/s GAIL India Ltd. - -
agency Fertiliser & Chemical Ltd. Resources Ltd. (BPRL)
JV Partners / NFL - 26%; EIL - 26%; BPRL – 25%, GAIL – 25%, BPRL – 25%, GAIL – EIL stake 4.37% Equal participation
Share-holding FCIL - 11%; GAIL- 14.3%; EIL – 20%, BFIL – 20%, 25%, of 20% by OIL,
Telangana Govt - 11%; MIEL – 10% EIL – 20%, BFIL – 15%, OVL, GAIL, IOCL
HTAS Consortium- 11.7% MIEL – 15% & EIL
State / Country Telengana Gujarat Gujarat Assam Moscow, Russia
Size / Capacity / Urea: Exploration Acreage Exploration Acreage 3 MMTPA Refinery -
Area 3850 MTPD 42 Sq. Km. 131 Sq. Km. (Currently undergoing
Ammonia: expansion to 9 MMTPA)
2200 MTPD
Approximate Rs. 6388 Crore Rs. 300 Crore / USD 50 Million - USD 500,000/-
project cost/ (During Bidding Stage)
investment at start
Total Equity Rs. 491 Crores - Rs 803.84 crores* USD 100,000/-
Investment by EIL

*Rs. 34.58 Crore invested in NRL in FY 2024-25 against Rights issue of 1,25,73,627 partly paid equity shares.

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 4

Major Order secured in

FY 2024-25

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Q4 FY24-25 : Salient Orders Secured

Service Contract Value

Project scope Client Award Date Completion Date
Type (Rs. Million)
Domestic
Project Management Consultant (PMC) Services for Lube Hindustan Petroleum
Consultancy 2220 January 2025 January 2028
Modernization and Bottoms Upgradation (LMBU) Project Corporation Ltd (HPCL)

PMC-1 for Paradip Naphtha Cracker Block & High Density Indian Oil Corporation Ltd.
Consultancy 544 February 2025 October 2025
Polyethylene Units under the Paradip Petrochemical Complex (IOCL)

MPMC Services for the Overall Project and Project Management

Indian Oil Corporation Ltd.
Consultancy Consultancy (PMC-2) Services for PP, IPA, EDC/VCM Units and 1065 February 2025 December 2025
(IOCL)
Offsites & Utilities (O&U) under the PDPC Project at Paradip

Numaligarh Refinery
Consultancy EPCM Services for setting up PPU Project 2529 March 2025 March 2028
Limited (NRL)
Overseas

PMC Services for Lower Zakum Long Term Development Plan

Consultancy Phase-1 Project (LZ LTDP 1) on Call-off basis - EPC Works of ADNOC Offshore 6500 March 2025 May 2030
Package-2, 4 & 5

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Q3 FY24-25 : Salient Orders Secured
Contract Value
Service Type Project scope Client Award Date Completion Date
(Rs. Million)
Domestic
Development of IIT Jammu Phase-B (On Depository
Depository IIT Jammu 12696 October 2024 March 2028
Basis)
Project Management Consultancy Services for C2/C3
Consultancy GAIL India Ltd. 221 October 2024 April 2027
Pipeline from Vijaipur to Pata
Hindustan Petroleum
EPCM Services for Vizag-Raipur Pipeline (12"/14" x 540
Consultancy Corporation Limited 429 November 2024 February 2028
KM)
(HPCL)
PMC Services for Execution of Rajasthan Refinery Indian Oil Corporation
Consultancy 220 December 2024 March 2025
Project (RRP) Limited (IOCL)
Overseas

Consultancy Services for Fujairah Oil Tanker Terminal

Consultancy Port of Fujairah 155 November 2024 December 2027
(FOTT) Berth-10 and Berth-11 Project

CED FWA T24: Plant Modification (MOCs) for Upper

Consultancy Zakum (UZ) Package 10 & UZ-EI studies / engineering ADNOC Offshore 183 November 2024 July 2025
packages for Upper Zakum EI's Package-03

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Q2 FY24-25 : Salient Orders Secured
Service Contract Value
Project scope Client Award Date Completion Date
Type (Rs. Million)
Domestic
Engineering Consultancy Services for 4 Nos. WHPs for DUDP Oil and Natural Gas
Consultancy 263 July 2024 April 2026
under DUDP-WP project Corporation (ONGC)
Design Engineering, Procurement, Construction, Installation, Mangalore Refinery and
LSTK-OBE Testing, Commissioning and Project Management Services for Petrochemicals Limited 3449 July 2024 December 2026
Demo Bio ATF Unit of MRPL (MRPL)
Redevelopment of Residential Properties-Phase-1 at ONGC Oil and Natural Gas
LSTK-OBE 3600 July 2024 July 2027
Mumbai Corporation (ONGC)
Oil and Natural Gas
LSTK-OBE Construction of Management Training facilities at ONGC Goa 2896 July 2024 November 2025
Corporation (ONGC)
EPCM Services for Refinery Facilities related to Bina Bharat Petroleum
Consultancy 1294 July 2024 March 2028
Petrochemical & Refinery Expansion Project (BPREP) Corporation Ltd. (BPCL)
Overall Project Management as MPMC & EPCM-1 services for
Bharat Petroleum
Consultancy Ethylene Cracker Unit and U&O related to Bina Petrochemical & 11300 July 2024 December 2028
Corporation Ltd. (BPCL)
Refinery Expansion Project (BPREP)
Bharat Petroleum
Consultancy PMC Services for PPU and Butene Project 590 July 2024 September 2028
Corporation Ltd. (BPCL)
Project Management Consultancy Services (EPCM) for Capacity Bharat Petroleum
Consultancy 227 August 2024 November 2026
Augmentation of Vadinar Bina Crude Pipeline Corporation Ltd. (BPCL)
Detail Engineering Services for Main Reactor Furnace in DRI-2 Jindal Steel and Power
Consultancy 268 August 2024 August 2027
Unit at Angul Limited (JSPL)
Construction of 32 D Type Flats, 01 E type Asset House & 64 B
Oil and Natural Gas
LSTK-OBE Type Residential Accommodation for SRPF at ONGC Nagar 749 August 2024 August 2026
Corporation (ONGC)
Mehsana Asset

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Q2 FY24-25 : Salient Orders Secured (Contd.)

Service Contract Value

Project scope Client Award Date Completion Date
Type (Rs. Million)
Overseas

FEED Development and ITB preparation for Energy Efficiency Kuwait National Petroleum
Consultancy 230 July 2024 May 2025
Improvement Capital Project at MAA Refinery, Kuwait Company (KNPC)

Design, Engineering, Procurement Assistance, Project

Deepak Oman lndustries
Consultancy Management for SNI, SNIA, Offsites& Utilities ,Infrastructure 306 July 2024 November 2025
FZC LLC (DOIL)
including outside Plant Limit at Salalah Free Zone, Oman
T19 – PMRs/FCS for LZ PKG-8 & Das PKG-5, FEED for Alarm
Consultancy system upgrade for AQ/BQ Building & for F&G system for Utilities ADNOC Offshore 300 July 2024 July 2025
ar Das Island
Engineering Services for Jetty less Green Ammonia Transfer
Consultancy System of ACME's 300 MTPD (Phase-1) Green Ammonia Project ACME Group, India 61 September 2024 March 2027
(Offshore portion) in Oman
Abu Dhabi Company for
Consultancy Study and FEED for SE Miscellaneous Works - Package 1 Onshore Oil Operations 106 September 2024 March 2025
(ADCO)

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Q1 FY24-25 : Salient Orders Secured
Contract Value
Service Type Project scope Client Award Date Completion Date
(Rs. Million)
Domestic
Execution of TNT Plant at HEF, Khadki on Open Book Munitions India Limited
LSTK-OBE 4182 April 2024 January 2027
Estimate (OBE) Basis (MIL)
Convention Centre at Advanced Training Institute (ATI) - ATI-ONGC
LSTK-OBE 4755 April 2024 October 2025
ONGC, Goa (erstwhile IPSHEM)
Bharat Petroleum
PMC and EPCM Services for Polypropylene (PP) Unit
Consultancy Corporation Limited 1453 April 2024 December 2027
and Revamp of PFCC Project at BPCL Kochi Refinery
(BPCL)
Construction of Yatri Niwas Complexes at Baltal Camp, Oil and Natural Gas
LSTK-OBE 2942 May 2024 November 2025
Nunwan camp, Bijbehara and Sidra in J&K Corporation (ONGC)
Refinery Performance Improvement Program (RPIP) at Indian Oil Corporation
Consultancy 644 June 2024 July 2027
Indian Oil Corporation Limited, Haldia Refinery Limited (IOCL)
750 KTA PDH and 500 KTA PP Plant with Ethane and
Consultancy Propane storage and handling facility at Dahej Petronet LNG Limited 7150 June 2024 January 2028
Petrochemicals Complex
Overseas
PMC Services for FEED Phase ((Ph-1) & Preparation of
ODUM Energy FZE,
U&O BDEP for: December to
Consultancy Nigeria 717 April 2024
• Ethane Cracker (EC) and Polyethylene (PE) Units February 2025
(Separate Contracts)
• PDH and PP Units
• Ghasha Concession Projects - Mishrif Oil May 2024 September 2024
Development Project
ADNOC Group
• Pre-FEED and FEED for valorization Project excess May 2024 May 2025
Consultancy Companies, UAE 1610
Ethylene from RFCC (Refining Group)
(Separate Contracts)
• COO - CED.FWA.T20 ‐ PMRs/FCs Zirku pkg‐6, ZR June 2024 May 2025
Sarb pkg 3, Operator Shelter, Blasting & painting Yard
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 5

Orders in hand

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Major Ongoing Projects
Project Client Project Location
Refinery and Petrochemical Projects

Ethylene Cracker and U&O for Bina Petrochemical & Refinery Expansion Project (MPMC, EPCM/
BPCL Bina
PMC)

Paradip Petrochemical Project (MPMC, PMC-2 and PMC-1 Packages) IOCL Paradip

EPCM Services for Panipat Refinery Expansion (15 to 25 MMTPA) IOCL Panipat

PMC and Turnkey-OBE Services for Visakh Refinery Modernization Project HPCL Visakhapatnam

PMC and Turnkey-OBE Services for Rajasthan Refinery Project HRRL Rajasthan

EPCM Services for Bio Refinery Project Assam Bio Refinery Pvt Ltd Numaligarh
EPCM Services for Coker-B Revamp Project IOCL Barauni
Licensing and EPCM Services for Delayed Coker Unit (DCU) Revamp Project NRL Assam

EPCM Services for 60 KTA PP Unit GAIL Pata

EPCM Services for 500 KTPA Petrochemical Project (PDH/PP) GAIL Usar

EPCM / PMC Services for 750 KTA PDH and 500 KTA PP Plant Petronet LNG Ltd Dahej

EPCM Services for setting up PPU Project at Numaligarh Refinery NRL Numaligarh

Installation of Demo Bio ATF Unit of MRPL on OBE Mode MRPL Mangalore

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Major Ongoing Projects

Project Client Project Location

Pipeline Projects

PMC Services for Dobhi-Durgapur-Haldia Pipeline Project GAIL Dobhi-Durgapur-Haldia

EPCM Services for Crude Oil Terminal (COT) at Paradip, Paradip Numaligarh Crude Oil Pipeline
NRL Paradip, Numaligarh, Siliguri
(PNCPL) and NRL Siliguri Product Pipeline (NSPPL)

EPCM Services for Krishnapatnam Hyderabad Multiproduct Pipeline BPCL Krishnapatnam, Hyderabad

EPCM Services for Upgradation of facilities for Numaligarh-Siliguri Pipeline OIL Numaligarh, Siliguri

PMC services for Part-B of Mumbai - Nagpur - Jharsuguda Natural Gas Pipeline (MNJPL) Project GAIL Maharashtra, Odisha

PMC services for Krishnagiri Coimbatore section of Kochi – Koottanad - Bangalore - Mangalore
GAIL Tamil Nadu
Gas Pipeline - II (KKBMPL) Project
Strategic Storage & Terminals
PMC Services for 80,000 MT LPG Cavern HPCL Mangalore
PMC Services for De-Bottlenecking and Augmentation of Cryogenic Facilities - LPG Import
BPCL Uran
Terminal
Metallurgy
Detailed Engineering for Aditya Aluminium Smelter Expansion Project at Lapanga, Odisha Hindalco Odisha
Detail Engineering Services for Main Reactor Furnace in DRI-2 Unit at Angul JSPL Odisha

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Major Ongoing Projects

Project Client Project Location

Infrastructure Projects

Independent Engineer (IE) services for (1) Greenfield Noida International Airport, Jewar, Uttar Pradesh; NIAL;
Uttar Pradesh; Andhra
(2) Greenfield Bhogapuram International Airport at Vishakapatnam and (3) Upgradation & APADCL;
Pradesh; and Maharashtra
Modernization of Dr. Babasaheb Ambedkar International Airport, Nagpur MIHAN India

Third Party Assessment for Engineering Review & Project Management for Fintech University DoIT&C Jodhpur, Rajasthan

PMC Services for Setting-up RBI’s Green Field Data Centre & Training Institute RBI/IFTAS Bhubaneswar, Odisha

PMC services for development of India International Horticulture Market (IIHM) IIHM Ganaur, Haryana

Projects on OBE LSTK Mode: (1) Construction of World Class Convention Centre at Advanced Training
Institute (ATI), Goa; (2) Upgrading of IPSHEM, Goa to World-Class Training Facility; and (3) ONGC Goa, Mumbai
Redevelopment of Residential Properties-Phase-1 at ONGC Mumbai

PMC Services for Design & Development of New Campus at IIM Nagpur (Phase-ll & lll) IIM Nagpur, Maharashtra

Intelligence
Construction of Multi-Storied Building for Integrated Office-cum-Data Centre Complex Delhi
Bureau (IB)

PMC Services (on Depository Mode) for Development of llT Jammu Campus (Phase 'B’) IIT Jammu & Kashmir

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Major Ongoing Projects

Project Client Project Location

Overseas Projects

Dangote Refinery & Petrochemical Project DORC Nigeria

PMC Services for Crude Oil Refinery in Mongolia Mongol Refinery Mongolia

Guyana Power and Gas

Consulting Services for the Supervision of the Guyana Integrated NGL Plant
Inc., Ministry of Natural Guyana
and 300 MW CCGT Power Plant Project
Resources

PMC Services for Lower Zakum Long Term Development Plan Phase-1
ADNOC Offshore UAE
Project (LZ LTDP 1) on Call-off basis - EPC Works of Package - 2, 4 & 5

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 6

Outlook

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Oil & Refining Capacity Outlook
Global oil demand is projected to reach 112.3 million barrels a day (mb/d) in 2029, representing a strong increase of 10.1 mb/d
compared to 2023

As per EIA, Global liquid fuels production to increase by 1.4 million barrels per day (b/d) in 2025 and 1.3 million b/d in 2026

India drives incremental long-term demand growth and shall add 8 mb/d to its oil demand during the forecast period 2023-2050

Investments in Exploration, Expanding Refining Capacities, Petrochemical Integration & Embracing Renewables to decide
Growth Trajectory of Energy Sector

Refineries are adopting green technologies. Projects such as bio-refineries & Alt. fuels like compressed bio-gas (CBG), SAF
showcase industry’s commitment to sustainability & innovation

Significant increase in ethanol production capacity and blending percentages, GoI is making substantial strides towards its
ambitious target of 20% blending by 2025

Initiatives like green hydrogen production and carbon capture technologies highlight the Hydro carbon sector’s adaptability

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Petrochemical and Chemical Outlook India

Globally, Petrochemicals demand is rising, driven by population growth, urbanisation,

and industrialisation

In India, Petrochemicals is the third-largest contributor to manufacturing GDP & poised

for significant expansion in market size and global share

India is expected to remain a driving force in Asia for petrochemical demand in 2024
given its strong economic growth and resilient industrial production

Indian chemical industry’s estimated current size is ~US $170-180 bn and is expected
to reach ~ US $800 Bn by 2040

India's petrochemical capacity is projected to rise from 29.62 MMT to 46 MMT by 2030

Direct crude-oil-to-chemicals process routes are offering alternatives to traditional

Refining/ Petrochemical operations

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Gas Economy and Energy Transition

India’s ambitious push to transition toward cleaner energy puts natural gas at the heart of
country’s evolving energy mix

India's natural gas consumption is forecast to increase by nearly 60% by 2030, driven by
robust growth in city gas distribution, industrial demand, and power generation

Between 2023 and 2030, Gas consumption in the Oil Refining sector is projected to grow
at nearly 9% annually, reaching more than 9 bcm/yr by 2030

India's LNG imports are set to more than double between 2023 and 2030, driven by
steady demand growth and a much slower rise in domestic production

India's LNG regasification capacity has expanded by 90% over the last decade at the end
of 2024, the country had a total nameplate regasification capacity of 65 bcm/yr

Petroleum and Natural Gas Regulatory Board (PNGRB) has approved approximately 33
600 km of natural gas pipeline network to create a national gas grid, under the “One
Nation, One Gas Grid” initiative
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Opportunities in Diversified Sectors
12 new Smart Industrial city
Budget 2025-26, allocates INR
projects planned under the National
11.21 lakh crore for
Industrial Corridor Development
infrastructure sector.
Programme (NICDP)

Expenditure of INR 143 lakh crore India has a growing data center
(US$ 1,727.05 billion) on industry, with capacity projected to
infrastructure envisaged up to increase from 950 MW in 2024 to
2030 1800 MW by 2026

23 waterways by 2030 and 190-200 Functioning airports in

developing 35 Multi-Modal India by 2040, from operating 157
Logistics Parks (MMLPs). as of now.

Planned USD 82 billion investment

5 IITs expenditure approved in in port projects by 2035. Vadhavan
Union Budget 25-26 for Campus Port, Maharashtra, & two mega
Expansion. shipbuilding parks are scheduled
for completion by 2030.

The Infrastructure sector in India is expected to grow with government initiatives such as the PM
Gati Shakti, Housing for All, National Infrastructure Pipeline, etc, being the key enablers.
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 Outlook: Sunrise Sectors

GREEN BIO FUELS/ ENERGY STEEL FERRO-ALLOY DEFENCE &

HYDROGEN ALT FUELS TRANSITION & RENEWABLES NUCLEAR
Hydrogen blending in gas Govt sets target of 1%, 2% CCUS: Capturing CO2 from
Installing 300 MT steel 81 PPP Projects, valued at
grid and its utilization in and 5% blending of SAF in Flue Gas
capacity by 2030. Rs. 42,300 Crore, to be
Industrial corridors Aviation Turbine Fuel (ATF)
implemented
w.e.f 2027, 2028 and 2030. Technology, Assimilation &
Collaboration with IIT-D for
Oil & Gas PSU have Absorption Two Defence Industrial
Slurry Pipelines
planned for 900 KTPA 5% Bio-Diesel in Diesel by Corridors in UP and Tamil
Green Hydrogen Projects 2030 R&D efforts with the Nadu
500 GW of non-fossil fuel-
by 2030. Norwegian Geological
based energy by 2030.
Institute (NGI) for subsurface Target 100 GW of nuclear
CO2 storage energy by 2047

Sustainable Green Energy, Decarbonization & Renewable

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 Avenues for Growth

⚫ Alliances in Core
⚫ Collaborative and Diversified
Technology sectors for Growth
⚫ Focused
Development ⚫ Alliances to breach
Diversification in
⚫ Expand in Middle ⚫ NetZero Green entry barriers
Biofuels, Urban
East, Africa, technologies (SAF)
⚫ Consolidate
core Infrastructure,
Central Asia
Hydrocarbon and Ports & Harbours,,
⚫ Entry
In new Coal Gasification,
Petrochemical
Sector geographies Decarbonisation.
Innovative Alliances
⚫ Target LoC projects
⚫ Valueadded Technologies
solutions Selectively Diversify

Expand International
Operations
Maintain Leadership
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Disclaimer

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THANK YOU
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