Enviro Infra Engineers IPO: The good and the bad

Published: 22nd  Nov 2024

By: Value Research

The company

Enviro Infra Engineers is engaged in the design, construction, operation and maintenance of water and wastewater treatment plants (WWTP) and water supply scheme projects (WSSP). The company's projects primarily come from government contracts.

IPO details

Post-IPO

Financial history

Key ratios

The good

Thanks to its in-house expertise and track record of timely execution of projects, Enviro Infra boasts an order book of Rs 1,906 crore (as of Q1FY25), almost three times its FY24 revenue.

The bad

Enviro Infra’s business operations are heavily dependent on the government. Plus, the business is capital-intensive with rising debt levels. Click the link below to get more information about Enviro Infra Engineers.

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