News, Contract Awards & Corporate Announcements.

Eagle Infra India Limited (EIIL), in joint venture with MBZ, has been awarded a contract valued at ₹ 246 Crore by the Mumbai Metropolitan Region Development Authority (MMRDA) for station finishing works along Mumbai Metro Line 4.

The scope covers five stations — Mahakali Caves, SEEPZ Village, Saki Vihar Road, Rambaug and Powai Lake — and includes civil finishing, MEP coordination and passenger infrastructure works for the elevated corridor.

The contract adds significant metro rail revenue visibility to EIIL's order book and marks a deepening of the company's presence in Mumbai's urban transit infrastructure programme.

Eagle Infra India Limited, in joint venture, has been awarded a water augmentation contract valued at ₹ 2,081.57 Crore. The contract represents one of the largest single-package awards in the company's history across the urban water infrastructure segment.

The award underscores EIIL's growing capability and track record in large-scale water infrastructure delivery, built on its experience with MJP, NMMC, BNCMC and other municipal bodies across Maharashtra.

Eagle Infra India Limited has been awarded a contract for augmentation of underground sewerage system works valued at ₹ 1,585.73 Crore.

The contract builds on EIIL's strong track record in underground sewerage systems, including its completed UGSS Phase IV works for Thane Municipal Corporation and the Bhiwandi–Nizampur sewerage package.

Eagle Infra India Limited has been awarded an underground sewerage contract valued at ₹ 809.82 Crore. The award adds significant medium-term revenue visibility to EIIL's order book.

EIIL's sewerage and water infrastructure segment has seen substantial order inflows over the past three years, reflecting the company's capabilities across AMRUT and Jal Jeevan Mission-linked schemes.

Eagle Infra India Limited has secured the contract for the development of an underground sewerage system (UGSS) at Zone 3 in Nallasopara, further strengthening the company's municipal infrastructure portfolio in the Mumbai Metropolitan Region.

The project adds to EIIL's growing pipeline of urban sanitation works across the MMR belt, complementing existing work for Thane Municipal Corporation, BNCMC and NMMC.

Eagle Infra India Limited, through its subsidiary Eagledeep PB Dhanbad Coal Pvt. Ltd., has commenced coal extraction at the Bharat Coking Coal Limited (BCCL) mine at Dhanbad under a 25-year Mine Developer and Operator (MDO) contract.

The MDO contract, valued at ₹ 16,675.67 Crore over its lifetime, is among the largest infrastructure contracts secured by any Indian infrastructure company. The commencement of extraction marks a significant operational milestone.

Coal extracted under the MDO contract will support BCCL's coking coal supply to India's steel sector. EIIL brings its large-scale excavation, haulage and mine infrastructure capabilities to the operation.

CRISIL Ratings has reaffirmed the credit ratings of Eagle Infra India Limited (EIIL) as follows: Long-term bank facilities rated CRISIL A+/Stable (fund-based, ₹ 1,600.00 Crore) and short-term bank facilities rated CRISIL A1 (non-fund-based).

The reaffirmation reflects EIIL's strong business risk profile driven by a healthy order book, an experienced management team, and established relationships with government authorities and PSUs across multiple sectors.

The ratings also factor in the company's robust financial metrics including consistent revenue growth, improving EBITDA margins, and a strengthening net worth.

Eagle Infra India Limited has recorded total revenue of ₹ 4,598.01 Crore in FY2026 (provisional), maintaining its consistent growth trajectory since FY2020.

The FY2026 performance reflects contributions from EPC contract receipts (₹ 2,346.69 Crore), toll receipts (₹ 1,840.76 Crore) and the growing mining segment (₹ 215.91 Crore).

PAT for the year stands at ₹ 250.98 Crore, with EBITDA margin improving to 10.85% from 7.87% in FY2020. Net worth (TNW) has reached ₹ 1,396 Crore.

The order book as on 31st March 2026 stands at ₹ 11,191.09 Crore, providing strong revenue visibility over the medium term.