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Patel Engineering Limited

Patel Engineering Limited

PATELENG.NS
Patel Engineering LimitedIN flagNational Stock Exchange of India
33.46
INR
+0.11
- -
31.96BMarket Cap
Patel Engineering Limited
PATELENG.NS
(National Stock Exchange of India)

Recent

price

33.46

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
332.49
343.6
393.61
324.23
297.1
351.41
219.29
164.32
119.75
76.22
36.61
68.4
67.31
52.73
57.75
55.36
54.84
Revenue per Share
12.5
6.37
6.22
1.43
0.74
-17.06
-6.56
4.46
8.54
0.34
-5.97
1.46
3.38
3.62
2.81
2.92
2.89
Basic EPS, GAAP
-41.7
19.32
-28.18
-67.37
-24.86
-4.15
28.6
17.16
28.61
10.93
5.24
7.2
9.84
6.6
2.14
4.88
- -
Free Cash Flow per Basic Share
0.01
0.78
0.23
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
40.86
40.9
46.2
51.22
60.82
41.93
30.46
24.11
37.92
22.48
8.74
9.47
12.64
12.14
14.1
1.08
1.07
Book Value per Share
142.37
155.38
161.24
165.31
172.36
158.68
138.84
92.94
127.47
78.63
48.26
49.09
54.31
39.16
42.55
47.94
47.49
Tangible Book Value per Share
105
105
105
114
115
115
157
235
181
324
487
494
543
801
882
922
930
Basic Weighted Avg Shares
34,759
35,921
41,149
37,011
34,154
40,409
34,378
38,624
21,626
24,731
17,842
33,803
36,548
42,219
50,934
51,027
51,027
Sales/Revenue/Turnover
11.41
10.63
12.11
11.22
13.04
16.01
14.74
12.67
16.63
5.42
10.28
13.19
13.11
14.97
12.44
11.37
11.37
Operating Margin (%)
820
892
775
820
798
550
780
543
502
662
720
819
809
976
998
1,037
1,037
Depreciation Expense
1,307
666
650
164
85
-1,962
-1,029
1,048
1,541
111
-2,907
721
1,835
2,902
2,479
2,692
2,692
Net Income, GAAP
29.23
45.98
41.03
46.26
69.47
- -
- -
- -
21.82
42.79
- -
38.51
21.29
25.55
27.49
6.16
6.16
Effective Tax Rate (%)
3.76
1.85
1.58
0.44
0.25
-4.86
-2.99
2.71
7.13
0.45
-16.3
2.13
5.02
6.87
4.87
5.27
5.27
Profit Margin (%)
14,739
11,186
14,083
9,658
11,450
12,592
9,257
9,538
10,402
9,797
16,251
15,549
17,012
18,979
23,642
16,842
16,842
Working Capital
9,651
9,505
13,977
18,808
23,455
21,074
15,988
13,324
13,048
9,194
7,804
7,799
5,403
5,696
3,963
2,805
2,805
LT Debt
14,983
16,401
17,265
19,222
20,150
18,583
22,085
22,155
23,333
25,801
23,809
24,550
29,758
31,617
37,769
44,420
44,420
Total Equity
7.86
5.13
6.5
4.06
2.04
- -
- -
- -
5.53
1.55
- -
5.82
8.01
9.66
8.78
9.86
9.86
Return on Invested Capital (%)
13.5
8.22
1.65
5.6
3.02
- -
- -
- -
11.71
4.07
- -
11.76
16.72
18.76
16.78
26.26
26.26
Return on Capital (%)
31.75
15.58
14.28
3.07
1.32
-33.21
-21.44
20.07
24.64
1.57
-50.33
16.13
31.79
35
22.37
40.08
40.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
12,441
- -
9,356
LT Borrowings
3,089
- -
2,563
LT Finance Leases
71
- -
242
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
836
- -
955
Market Capitalization
33,420
25,949
20,657

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
58,395
- -
54,314
Cash, Cash Equivalents & STI
7,955
- -
7,646
Accounts Receivable, Net
6,928
- -
5,979
Inventories
11,272
- -
9,783
Total Current Liabilities
40,346
- -
37,472
Payables & Accruals
- -
- -
- -
ST Debt
12,441
- -
9,356
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.5%
13.53%
17.61%
Free Cash Flow
-91.85%
32.59%
138.8%
Net Income, GAAP
-292.53%
16.38%
8.6%
Sales/Revenue/Turnover
7.38%
26.78%
0.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,186
10,213
10,610
10,210
42,219
2025
11,017
11,743
12,055
16,119
50,934
2026
12,334
12,085
12,394
14,215
51,027

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.44
0.86
- -
3.62
2025
0.63
0.84
0.93
0.41
2.81
2026
0.89
0.81
0.82
0.42
2.92

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Patel Engineering Limited (PATELENG.NS) provides infrastructure construction and engineering services focused on complex civil projects. The company undertakes engineering, procurement, and construction contracts for dams, tunnels, micro-tunnels, hydroelectric power plants, irrigation systems, highways, roads, bridges, railways, refineries, water treatment facilities, and real estate developments including buildings, townships, malls, hotels, industrial structures, sports stadiums, and public utilities; it also engages in asset ownership and microtunneling works. Operating primarily through EPC and real estate segments, Patel Engineering serves public sector undertakings, governments, and private clients in target markets spanning hydropower, transportation, water supply, and urban infrastructure, with projects executed in India and international locations such as USA, Chile, Greece, Eritrea, Nepal, Bhutan, Sri Lanka, and Qatar. Founded in 1949 and headquartered in Mumbai, Maharashtra, India, the company maintains a robust order book exceeding INR 15,000 crore, bolstered by bids worth over INR 34,000 crore under evaluation amid India's infrastructure spending cycle. Recent developments include a rights issue of INR 500 crore approved in 2025 to reduce debt and enhance liquidity, alongside plans for land monetization targeting INR 200 crore from sales in Maharashtra and West Bengal within 6-9 months. In the past two years, Patel Engineering secured major contracts such as INR 1,818 crore from NHPC for the Dibang Multipurpose Project, INR 2,461 crore for a Jammu & Kashmir project, INR 798 crore letters of intent for coal excavation and transportation from South Eastern Coalfields Limited via Saidax Engineers, INR 718 crore hydropower order from NEEPCO, and irrigation projects including Rs 958 crore from Maharashtra Krishna Valley Development Corporation; it also formed a joint venture declared lowest bidder for Rs 525 crore and Rs 1,567 crore works, and signed an MoU with RVNL.