PATELENG · Patel Engineering Ltd · Construction Services
PATELENG · Patel Engineering Ltd · Construction Services
As of 05 Nov close
52-week range
34.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,281 Cr
Revenue YoY
PAT YoY
+21.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.6
P/S (TTM)
0.5
Sector P/E
10.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| PATELENG (this stock) | 11.3 | 0.6 | +5.6% | +6.5% | 0.27 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
rising 2q
MF
0.21% (-0.01pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 18 Sept 2026 | Praham India LLP | SELL | 3,23,87,725 | ₹0 |
| 18 Sept 2026 | Janky Patel | SELL | 2,92,83,433 | ₹0 |
| 17 Sept 2026 | Praham India LLP | SELL | 3,23,87,725 | ₹0 |
| 17 Sept 2026 | Janky Patel | SELL | 2,92,83,433 | ₹0 |
| 25 May 2026 | Ryan Patel | BUY | 40,800 | ₹10.72 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Patel Engineering Limited reported its Q1 FY27 earnings during the conference call held on August 11, 2026. Management highlighted a consolidated revenue of Rs. 1,281 crores, reflecting a year-on-year growth of approximately 4%, while profit after tax increased by 24.5% to Rs. 93.5 crores. The order book stood at Rs. 14,636 crores, with a diversified mix across Hydropower, Irrigation, Tunneling, and Roads. Management noted a significant near-term opportunity pipeline of Rs. 60,000 crores and emphasized a disciplined approach to bidding. The company achieved an upgrade in credit ratings, recognizing improvements in its financial profile. Key project updates included progress in Hydropower and Tunneling projects, with management expressing confidence in the infrastructure sector's growth potential. The call concluded with management reiterating a goal of approximately 10% revenue growth for FY27, primarily driven by the second half of the year.
Management emphasized strong performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Patel Engineering Limited submitted an investor presentation detailing its financial results for the quarter ending June 30, 2026. The presentation highlighted the company's 75+ years of industry presence and its execution of over 350 projects, with a total order book valued at INR 1,46,356 million. Key financial metrics for Q1-FY27 included a revenue from operations of INR 12,807 million, an operating EBITDA of INR 1,796 million, and a profit after tax of INR 935 million, reflecting a year-on-year increase of 24.5%. The company reported significant operational milestones, including the commissioning of the Subansiri Lower Hydropower Project and the initiation of construction on the Dorjilung Hydropower Project in Bhutan. Additionally, Patel Engineering received a credit rating upgrade to A, indicating improved financial stability. The presentation also outlined the company's strategic focus on high-entry barrier segments and its commitment to sustainable growth.
The presentation emphasized strong financial performance and operational achievements.
Sourced from an exchange-filed presentation, dated 10 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Patel Engineering Limited held its Q4 FY 2026 Earnings Conference Call on May 14, 2026, where management discussed the company's performance and future opportunities. Management reported securing new orders worth approximately INR 4,400 crores across various segments, including a significant INR 1,300 crore project for the Kondhane Dam. The order book as of March 31, 2026, stood at INR 15,119 crores, with a diversified composition. Revenue for FY’26 reached INR 5,103 crores, with a profit after tax of INR 294 crores, reflecting a 21% increase from the previous year. Management highlighted strong project execution, particularly in hydropower, and expressed optimism about India's infrastructure growth, supported by increased government capital expenditure. The company aims for a revenue growth of 10% in FY’27 and has identified a robust pipeline of projects worth INR 66,000 crores for future bidding. The call concluded with management inviting questions from participants.
Management emphasized strong order inflows and optimistic growth prospects.
Sourced from an exchange-filed transcript, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Patel Engineering Limited submitted an investor presentation detailing its financial results for the quarter and year ended March 31, 2026. The presentation highlighted a revenue of INR 51,207 million for FY26, a slight increase from INR 50,934 million in FY25. The company reported a diversified order inflow of approximately INR 44,000 million and monetization of non-core assets amounting to INR 1,850 million. Key projects included the Subansiri Hydropower Project, with four out of eight units operational, and the CIDCO Water Tunnel Project, which achieved a national benchmark in tunneling. The company maintained a strong order book of INR 151,193 million across 53 ongoing projects in 14 states, with international presence in Nepal and Bhutan. Financial metrics showed a PAT of INR 2,945 million, reflecting a 21.6% increase year-on-year. The presentation also outlined ongoing projects and strategic focuses for future growth.
Management emphasized strong financial performance and project execution capabilities.
Sourced from an exchange-filed presentation, dated 14 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the Q3 FY '26 earnings conference call, management highlighted the government's strong focus on infrastructure, with a capital expenditure increase to INR 12.2 lakh crores in the Union Budget 2026. They reported significant progress in various hydro and underground projects, including the Subansiri Hydropower Project and the Gongri Hydropower Project, which was signed under a BOOT model. Financially, the company achieved consolidated revenue of INR 1,239 crores for the quarter, with a profit after tax of INR 71 crores. The order book stood at INR 15,123 crores, with management guiding toward securing INR 8,000 to INR 10,000 crores in new orders in the coming year. They noted a disciplined approach to bidding, focusing on quality over volume, and emphasized their commitment to reducing debt and enhancing operational efficiency. The management expressed confidence in maintaining margins around 13% despite competitive pressures.
Management emphasized strong sector opportunities and operational progress.
Sourced from an exchange-filed transcript, dated 20 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Patel Engineering Limited submitted an investor presentation detailing its financial results for the quarter and nine months ended December 31, 2025. The company reported a total revenue from operations of ₹12,393.53 million for Q3 FY26, reflecting a year-on-year increase of 2.81%. However, operating EBITDA decreased by 21.31% to ₹1,447.95 million, with an operating EBITDA margin of 11.68%. The net profit for Q3 FY26 was ₹705.64 million, down 12.27% from the previous year. The presentation highlighted a robust order book of ₹151,232 million and significant progress in various hydropower projects. Management emphasized the company's extensive experience in civil engineering and its strategic positioning in the infrastructure sector, particularly in hydropower and tunneling. The document also noted the successful rights issuance, which raised ₹3,989.68 million to strengthen the balance sheet.
The presentation included both positive achievements and challenges in financial performance.
Sourced from an exchange-filed presentation, dated 14 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedPatel Engineering Limited highlighted its strategic evolution in FY2025-26, emphasizing its transition from a pure EPC contractor to a value creator through initiatives like the Gongri Hydropower Project under a Build-Own-Operate model. The company achieved a national tunneling record and underscored its focus on infrastructure development aligned with India's growth trajectory, including hydropower, urban infrastructure, and tunneling. It also emphasized its commitment to sustainability, safety, and digital transformation.
- Strategic shift towards asset ownership through the Gongri Hydropower Project
- Achievement of a national tunneling record in January 2026
- Focus on hydropower, urban infrastructure, and tunneling aligned with India's infrastructure investment cycle
- Commitment to sustainability, safety, and digital transformation initiatives
- Strengthened balance sheet with improved debt-to-equity ratio and deleveraging
Key takeaway: Patel Engineering is transitioning from a pure EPC contractor to a value creator, leveraging its engineering expertise in hydropower and tunneling to capitalize on India's growing infrastructure investment cycle.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditors of the subsidiaries Shreeanant Construction Private Limited, West Kameng Energy Private Limited, Digin Hydropower Private Limited, and Meyong Hydropower Private Limited have drawn attention to material uncertainties that may cast significant doubt on the subsidiaries' ability to continue as a going concern, though their financial statements are prepared on a going concern basis.
Earlier (1-3 years ago)
The auditors of Dirang Energy Private Limited (DEPL) noted a material uncertainty regarding the company's ability to continue as a going concern due to the temporary stoppage of the project. However, the financial statements were prepared on a going concern basis based on management estimates and financial support from the holding company.
The auditors of subsidiaries Hera Realcon Private Limited, Shreeanant Construction Private Limited, and Energy Design Private Limited have drawn attention to material uncertainties that may cast significant doubt on their ability to continue as going concerns, though they have not qualified their opinions.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company received a notice from NSE imposing a penalty of ₹10,000 for non-compliance with Regulation 60 (2) of the Listing Regulations due to a delay in intimation of the record date for interest payment in September 2025.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The company has a default or covenant breach related to the conversion of optionally convertible debentures (OCDs) into equity shares under the S4A scheme, which may occur if the company defaults.
Routine disclosures
Contingent Liability
4 occurrencesRecent (last 12 months)
The company has pending litigations with customers, contractors, suppliers, and government authorities, with provisions of ₹2.00 million made for probable financial outflows.
Earlier (1-3 years ago)
Patel Engineering Ltd. has contingent liabilities related to service tax, GST, sales tax, customs duty, income tax, and provident fund, with amounts totaling 1,309.12 million, 75.99 million, 122.64 million, 16.49 million, 4,432.87 million, and 15.79 million respectively, based on orders passed by competent authorities.
The company has contingent liabilities of INR3,000 crores from arbitral claims and awards, with expected recovery of 50-60% of this value including interest.
The company has contingent liabilities including commitments for capital expenditure of ₹339.53 million and outstanding secured guarantees of ₹22,180.40 million as of March 31, 2024.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed transactions with related parties including associate companies and joint ventures such as NEC PEL JV, Patel Sew JV, and Patel Advance JV, with specific financial details provided for the years 2025-26 and 2024-25.
Earlier (1-3 years ago)
The company has disclosed material transactions with related parties, including loans, advances, and current account movements with entities such as Bellona Estate Developers Ltd., Patel Sew JV, and Patel Avantika Deepika Bhel.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
Patel Engineering Ltd. has disputed statutory dues pending before various authorities, including the Commissioner (Appeals), CGST & Central Excise – Patna, and the Employee Provident Fund Appellate Tribunal, with amounts ranging from 0.96 million to 220.34 million rupees.
Earlier (1-3 years ago)
The company has disputed statutory dues pending before authorities, including Sales Tax Act disputes from 2005-2006 to 2011-2012 and Finance Act, 1994 disputes from April-2014 to Jun-2017, with amounts in millions of Indian Rupees.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
35.61% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).