Eiffil Water Infra: Powering India’s Future in Water and Infrastructure

Eiffil Water Infra: Powering India’s Future in Water and Infrastructure

September 1, 2025

Author: Viraj Shah

Eiffil Water Infra reports strong growth in 2025 with ₹85 Cr revenue, robust order book, and IPO ambitions, shaping India’s water infrastructure future.

In a country where water security and infrastructure development are critical national priorities, Eiffil Water Infra Pvt. Ltd. has steadily emerged as a frontrunner. From its humble beginnings in 1998 in Southern Gujarat to its present transformation into a pan-India water and wastewater solutions leader, the company’s journey reflects resilience, foresight, and strong execution.

A Strong Quarter with Promising Growth

For the period April to July 2025, Eiffil reported revenues of ₹85.42 crore with EBITDA margins of 15.05% and PAT margins of 8.27%. The numbers reflect disciplined project execution and a commitment to building long-term shareholder value. Over the years, the company’s growth trajectory has been consistent:

  • FY23 Revenue: ₹1,845 Mn
  • FY24 Revenue: ₹3,397 Mn
  • FY25 Revenue: ₹3,770 Mn
  • FY26E Revenue: ₹7,500 Mn

This expected doubling of scale within a single year shows Eiffil’s capability to manage high-value projects across states such as Gujarat, Rajasthan, Madhya Pradesh, Karnataka, and Uttar Pradesh.

Strategic Moves and Corporate Milestones

Eiffil is not just growing top-line numbers, it is preparing for sustainable long-term leadership. Some important corporate highlights include:

  • CRISIL BBB/Stable credit rating covering facilities of ₹247 crore
  • Advanced stage of ERP and SAP implementation to streamline operations and strengthen data integrity
  • Process initiated to convert into a Public Limited Company in alignment with IPO ambitions
  • Preferential equity allotment of ₹45 crore through conversion of loans and fresh capital infusion, strengthening the balance sheet
  • Succession planning with induction of the next generation and new independent directors to reinforce governance

The promoters have also committed to keeping their shareholding under lock-in until the IPO, a step that reflects confidence in the company’s future.

Robust Order Book and Execution Pipeline

As of July 2025, Eiffil’s open order book stands at ₹18,310 Mn across 25 ongoing projects. The company has bid for projects worth over ₹3,525 crore in the past six months, out of which:

  • ₹583.46 crore awarded
  • ₹639.74 crore awaiting results
  • ₹2,302.48 crore not awarded

Significantly, 77 percent of bids are joint ventures, showcasing Eiffil’s ability to form strategic alliances and compete effectively for large-scale, technically complex projects.

Building for the Future

From sewerage and STP projects to irrigation and urban infrastructure, Eiffil Water Infra continues to align with India’s mission of water sustainability and energy efficiency. Its strong financials, visionary leadership, and clear roadmap toward becoming a listed public company position it as a serious player to watch in India’s fast-growing infrastructure space.

As Chairman Ranchhod Kakadiya rightly put it, “Work with your head down, and let the work speak. Together we can, and together we will.”


Disclaimer: All information is as per the company’s MIS report dated 31.07.2025 and Chairman’s note to stakeholders.


Tags:IPOUnlisted Shares