Enviro infra engineers eyes fourfold revenue growth in water business by FY30


Daijiworld Media Network- New Delhi

New Delhi, Sep 9: Enviro Infra Engineers, a leading company in the water and wastewater treatment sector, is aiming for a four-fold increase in revenue from its core business by FY2030, Managing Director Manish Jain has said.

Speaking to NDTV Profit on Monday, Jain said the firm expects a compound annual growth rate (CAGR) of 35-40%, projecting that earnings from the water and wastewater segment could be 2.5x to 3x higher in the next three years.

The company has set an EBITDA margin target of 22-24% in FY26 for this segment. At the same time, its newly launched renewable energy vertical is also expected to deliver double-digit margins. Enviro Infra has already acquired two solar power assets — a 40 MW project in Odisha (24 MW operational, generating Rs 16 crore annually) and a 29 MW project in Maharashtra under MSEDCL.

Despite its entire order book currently comprising state and central government contracts, Jain expressed confidence in stable financial flows. “The cash flow will not be an issue going forward,” he said.

Over the next three years, the company expects government projects to remain its backbone, while gradually exploring B2B opportunities in refineries and thermal power plants as well as overseas markets.

  

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Title: Enviro infra engineers eyes fourfold revenue growth in water business by FY30



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