Enviro Infra Engineers Ltd Share Price Target 2025–2030; Enviro Infra Engineers Ltd (NSE: ENVIRIN) is a specialized infrastructure services company focused on water treatment, environmental remediation, and industrial wastewater solutions. The firm operates in both municipal and industrial sectors, delivering end-to-end projects ranging from turnkey Sewage Treatment Plants (STPs) to Zero Liquid Discharge (ZLD) systems. Enviro Infra has built a strong project execution track record and operates with an asset-light, EPC-driven model.
As of mid-2025, the stock trades around ₹350. With a market cap of approximately ₹1,200 crore, the company has reported revenue of ₹575 crore and net profit of ₹48 crore in FY24, with an EBITDA margin of roughly 12%. Return ratios are moderate (ROE ~13%, ROCE ~14%), and the company carries manageable debt. Looking ahead, this analysis outlines a potential share price journey based on sector growth, order backlog, execution quality, and financial discipline.
Enviro Infra Engineers Ltd Share Price Target 2025–2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 320 | 380 |
| 2026 | 360 | 480 |
| 2027 | 450 | 600 |
| 2028 | 550 | 750 |
| 2029 | 700 | 950 |
| 2030 | 900 | 1,400 |
Enviro Infra Engineers 2025 ₹320–₹380
For the remainder of 2025, the share price is likely to trade between ₹320 and ₹380. The lower band aligns with current valuation metrics and a cautious sector outlook. The upper band is achievable if the company delivers positive order flow, steady execution of ongoing projects, and slight margin improvement. Risks from project delays or client-side payment issues may keep the price near the lower bound.
Enviro Infra Engineers 2026 ₹360–₹480
By 2026, the forecast range increases to ₹360–₹480. This assumes revenue growth of mid-to-high teens percentage fueled by escalating demand for urban water infrastructure and industrial ZLD projects. Improved project execution, faster realizations, and increased margin (aiming for 14–15%) would support a re-rating. Achieving a P/E multiple of 20–25× EPS in the upper scenario is plausible if operational milestones are met.
Enviro Infra Engineers 2027 ₹450–₹600
In 2027, the projection range moves to ₹450–₹600. This outcome depends on closing large municipal and industrial contracts, maintaining healthy margins, and using an asset-light model that keeps leverage low. EPS growth of ~20% per annum combined with multiple expansion due to improved profitability and order pipeline would position the stock for this range.
Enviro Infra Engineers 2028 ₹550–₹750
By 2028, Enviro Infra may reach ₹550–₹750 if ESG reforms and water regulation drive strong EPC demand. The company could benefit from recurring service contracts and O&M revenues. Expanding its backlog and delivery for city-wide STPs and industrial effluent treatment systems would validate higher earnings and a premium valuation.
Enviro Infra Engineers 2029 ₹700–₹950
Looking toward 2029, the price target of ₹700–₹950 is tied to Enviro Infra’s successful evolution into a mid-sized environmental infra services platform. Sustained EBITDA margins above 15% and well-funded balance sheets with moderate leverage would attract institutional interest. Recurring revenue and project diversity would support a multiple of 25–30× EPS.
Enviro Infra Engineers 2030 ₹900–₹1,400
By 2030, the stock could trade between ₹900 and ₹1,400. This assumes broad-based growth across municipal and industrial sectors, vertical integration into operation contracts, and growth into adjacent domains like air-quality management or solid-waste solutions. If EPS reaches ₹35–40 and margin averages 15–18%, a corrected multiple could push valuation toward the higher range.
Enviro Infra Engineers Drivers Behind the Forecast
- Robust Sector Tailwinds
India’s water treatment and environmental infrastructure sector is projected to grow at over 12–14% CAGR through the decade, supported by stricter pollution norms and city infrastructure needs. - Strong Order Backlog
Enviro Infra reports an order book of around ₹1,250 crore—roughly 2× revenue—offering revenue visibility and potential multi-year backlog execution. - EPC and Asset-Light Model
The company maintains low capital expenditure and high turnover through subcontracting and performance-linked payments, reducing financial stress and raising RoCE. - Margin Upgrade Potential
With scale and tighter cost control, gearing margin from 12% toward 15–18% is reasonable. High-margin support services and recurring O&M contracts also help. - Environmental Services Expansion
Growth into waste and air-quality services diversifies revenue and earns green premium multiples. - Strong Execution Discipline
A reputation for on-time delivery, quality management, and customer satisfaction reinforces investor confidence and supports valuation.
Risks and Challenges
- Project Execution Delays
Environmental contracts often face regulatory and implementation hurdles. Delays in approvals or site handover can schedule revenue and pressure margins. - Large Contract Dependence
A single large contract failure or deferred public project may significantly impact near-term cash flows. - Leverage and Working Capital
While relatively low today, rising leverage during project peaks may burden the business. Adequate receivables control is key. - Competitive Pressures
Smaller or regional EPC players may undercut pricing. Environmental infra remains competitive, and winning bids at low margins weakens returns. - Regulatory Changes
Policy adjustments by state governments or changes in environmental norms may slow project pipelines or require capital reinvestment.
Enviro Infra Engineers Investment Outlook
- Short-Term (2025): Target ₹320–₹380 range, with cautious positions advisable. Entry near ₹320–₹330 provides cushion if execution remains on track.
- Medium-Term (2026–2028): As order backlog converts to revenue, aspiration shifts to ₹450–₹600. A margin push and recurring revenue could justify upside.
- Long-Term (2029–2030): In a successful scenario with diversified services and stronger margins, the stock could rally to ₹900–₹1,400. This would represent multi-fold returns from current levels.
Conclusion
Enviro Infra Engineers stands at an inflection point with strong sector momentum, solid order book, and clean financials. Prudent execution of existing contracts and margin improvement can lift the stock from ₹320 today toward ₹750 by 2028. A broader foray into environmental services with recurring revenue could accelerate valuation to ₹1,400 by 2030. Conservative investors should scale in with margin momentum in view, while long-term investors may position early for cumulative sector tailwinds.
Disclaimer: This article is for informational purposes only. It does not constitute financial advice. Investors are encouraged to perform their own due diligence or consult a SEBI-registered professional before making investment decisions.
What is the main growth driver for Enviro Infra?
Water and industrial effluent treatment infrastructure driven by stricter regulation, urban sanitation schemes, and industrial compliance requirements
How much is the current order backlog?
The company carries a project backlog between ₹1,200 and ₹1,300 crore, approximately two years of revenue visibility.
