About
Patel Engineering Limited, together with its subsidiaries, provides infrastructure and construction services in India and internationally. The company operates through EPC and Real Estate segments. It undertakes construction of dams, tunnels, micro-tunnels, hydroelectric, irrigation, highways, roads, bridges, railways, refinery, real estate, and township projects. The company is also involved in residential and commercial developments, including hospitals, hotels, government buildings, railway infrastructure, and water supply schemes. Patel Engineering Limited was incorporated in 1949 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap2,706 Cr
P/E6.89
Div Yield0.00 %
Book Value₹44.80
52w High₹41.30
52w Low₹22.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,281.00 | 1,421.00 | 1,239.00 | 1,208.00 | 1,233.00 | 1,612.00 | 1,206.00 | 1,174.00 | 1,102.00 | 1,343.00 | 1,061.00 | 1,021.00 | 1,119.00 |
| Expenses | 1,101.00 | 1,206.00 | 1,095.00 | 1,050.00 | 1,068.00 | 1,394.00 | 1,022.00 | 1,012.00 | 933.00 | 1,106.00 | 919.00 | 881.00 | 948.00 |
| Operating Profit | 180.00 | 215.00 | 145.00 | 159.00 | 165.00 | 218.00 | 184.00 | 162.00 | 169.00 | 238.00 | 142.00 | 140.00 | 171.00 |
| OPM % | 14.00 | 15.00 | 12.00 | 13.00 | 13.00 | 14.00 | 15.00 | 14.00 | 15.00 | 18.00 | 13.00 | 14.00 | 15.00 |
| Other Income | 25.00 | -53.00 | -14.00 | 32.00 | 39.00 | -62.00 | 10.00 | 42.00 | 25.00 | 75.00 | 52.00 | 24.00 | 12.00 |
| Depreciation | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 24.00 | 24.00 | 26.00 | 29.00 | 23.00 | 23.00 | 22.00 |
| Interest | 62.00 | 79.00 | 68.00 | 76.00 | 73.00 | 79.00 | 80.00 | 79.00 | 84.00 | 93.00 | 89.00 | 92.00 | 88.00 |
| Profit before tax | 117.00 | 57.00 | 37.00 | 89.00 | 105.00 | 52.00 | 89.00 | 101.00 | 83.00 | 190.00 | 82.00 | 49.00 | 72.00 |
| Tax % | 21.00 | 44.00 | -153.00 | 27.00 | 24.00 | 33.00 | 10.00 | 27.00 | 43.00 | 26.00 | 16.00 | 22.00 | 42.00 |
| Net Profit | 98.00 | 44.00 | 72.00 | 73.00 | 81.00 | 38.00 | 82.00 | 73.00 | 55.00 | 140.00 | 69.00 | 38.00 | 43.00 |
| EPS in Rs | 0.98 | 0.42 | 0.71 | 0.72 | 0.78 | 0.36 | 0.80 | 0.74 | 0.54 | 1.38 | 0.76 | 0.41 | 0.43 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,103.00 | 5,093.00 | 4,544.00 | 3,891.00 | 3,380.00 | 1,995.00 | 2,617.00 | 2,362.00 | 2,275.00 | 3,884.00 | 4,041.00 | 3,415.00 |
| Expenses | 4,417.00 | 4,345.00 | 3,854.00 | 3,330.00 | 2,850.00 | 1,750.00 | 2,432.00 | 1,985.00 | 1,743.00 | 3,463.00 | 3,642.00 | 2,919.00 |
| Operating Profit | 686.00 | 749.00 | 690.00 | 562.00 | 530.00 | 244.00 | 185.00 | 377.00 | 531.00 | 421.00 | 399.00 | 496.00 |
| OPM % | 13.00 | 15.00 | 15.00 | 14.00 | 16.00 | 12.00 | 7.00 | 16.00 | 23.00 | 11.00 | 10.00 | 15.00 |
| Other Income | 2.00 | -1.00 | 163.00 | 149.00 | 83.00 | -115.00 | 202.00 | 247.00 | 106.00 | 165.00 | 41.00 | 131.00 |
| Interest | 296.00 | 322.00 | 362.00 | 412.00 | 420.00 | 401.00 | 266.00 | 370.00 | 489.00 | 579.00 | 602.00 | 516.00 |
| Depreciation | 104.00 | 100.00 | 98.00 | 81.00 | 82.00 | 72.00 | 66.00 | 50.00 | 54.00 | 78.00 | 55.00 | 80.00 |
| Profit before tax | 288.00 | 326.00 | 393.00 | 218.00 | 112.00 | -344.00 | 55.00 | 204.00 | 94.00 | -71.00 | -216.00 | 32.00 |
| Tax % | 6.00 | 27.00 | 26.00 | 18.00 | 39.00 | -21.00 | 43.00 | 22.00 | -12.00 | 45.00 | -9.00 | 69.00 |
| Net Profit | 269.00 | 248.00 | 290.00 | 183.00 | 72.00 | -291.00 | 11.00 | 154.00 | 105.00 | -103.00 | -196.00 | 10.00 |
| EPS in Rs | 2.71 | 2.50 | 3.19 | 2.02 | 0.85 | -3.54 | 0.15 | 2.22 | 1.58 | -1.55 | -6.04 | 0.26 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 99.00 | 84.00 | 77.00 | 77.00 | 48.00 | 47.00 | 41.00 | 16.00 | 16.00 | 16.00 | 8.00 | 8.00 |
| Reserves | 4,341.00 | 3,700.00 | 3,076.00 | 2,811.00 | 2,336.00 | 2,273.00 | 2,506.00 | 2,260.00 | 2,144.00 | 2,123.00 | 1,705.00 | 1,885.00 |
| Borrowings | 1,216.00 | 1,664.00 | 1,910.00 | 1,758.00 | 2,292.00 | 2,296.00 | 2,296.00 | 2,698.00 | 2,910.00 | 4,982.00 | 5,395.00 | 5,163.00 |
| Other Liabilities | 3,866.00 | 4,131.00 | 3,933.00 | 4,111.00 | 3,835.00 | 3,471.00 | 3,485.00 | 3,226.00 | 2,344.00 | 2,555.00 | 2,404.00 | 2,183.00 |
| Total Liabilities | 9,522.00 | 9,580.00 | 8,996.00 | 8,757.00 | 8,510.00 | 8,087.00 | 8,328.00 | 8,201.00 | 7,414.00 | 9,676.00 | 9,512.00 | 9,239.00 |
| Fixed Assets | 1,338.00 | 1,328.00 | 1,319.00 | 1,231.00 | 1,181.00 | 683.00 | 607.00 | 578.00 | 556.00 | 629.00 | 622.00 | 658.00 |
| CWIP | 126.00 | 171.00 | 233.00 | 294.00 | 283.00 | 679.00 | 1,141.00 | 1,063.00 | 792.00 | 868.00 | 837.00 | 982.00 |
| Investments | 53.00 | 181.00 | 155.00 | 135.00 | 82.00 | 68.00 | 79.00 | 116.00 | 140.00 | 138.00 | 164.00 | 182.00 |
| Other Assets | 8,005.00 | 7,900.00 | 7,289.00 | 7,096.00 | 6,965.00 | 6,658.00 | 6,501.00 | 6,443.00 | 5,926.00 | 8,040.00 | 7,889.00 | 7,417.00 |
| Total Assets | 9,522.00 | 9,580.00 | 8,996.00 | 8,757.00 | 8,510.00 | 8,087.00 | 8,328.00 | 8,201.00 | 7,414.00 | 9,676.00 | 9,512.00 | 9,239.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 560.00 | 279.00 | 688.00 | 702.00 | 514.00 | 389.00 | 407.00 | 836.00 | 403.00 | 567.00 | -48.00 | -1.00 |
| Cash from Investing Activity | 85.00 | -15.00 | -132.00 | -224.00 | -121.00 | 7.00 | -47.00 | -327.00 | 245.00 | -222.00 | 272.00 | -244.00 |
| Cash from Financing Activity | -516.00 | -346.00 | -429.00 | -541.00 | -340.00 | -311.00 | -367.00 | -513.00 | -578.00 | -343.00 | -311.00 | 229.00 |
| Net Cash Flow | 129.00 | -81.00 | 126.00 | -63.00 | 54.00 | 85.00 | -7.00 | -4.00 | 70.00 | 2.00 | -86.00 | -16.00 |
| Free Cash Flow | 452.00 | 190.00 | 541.00 | 534.00 | 371.00 | 275.00 | 361.00 | 523.00 | 552.00 | 459.00 | 87.00 | -241.00 |
| CFO/OP % | 88.00 | 35.00 | 114.00 | 140.00 | 112.00 | 164.00 | 186.00 | 203.00 | 54.00 | 139.00 | 4.00 | 11.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43.00 | 54.00 | 44.00 | 47.00 | 61.00 | 79.00 | 46.00 | 35.00 | 39.00 | 24.00 | 46.00 | 61.00 |
| Cash Conversion Cycle | 43.00 | 54.00 | 44.00 | 47.00 | 61.00 | 79.00 | 46.00 | 35.00 | 39.00 | 24.00 | 46.00 | 61.00 |
| Working Capital Days | 81.00 | 66.00 | 117.00 | 140.00 | 140.00 | 261.00 | 121.00 | 141.00 | 132.00 | 81.00 | 108.00 | 99.00 |
| ROCE % | 13.00 | 15.00 | 14.00 | 13.00 | 12.00 | 6.00 | 6.00 | 10.00 | 11.00 | 8.00 | 7.00 | 8.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Rights | 04 Dec 2025 | 04 Dec 2025 | 7:40 | — | |
| Other | 04 Dec 2025 | 04 Dec 2025 | — | — | Right Issue of Equity Shares |
| Rights | 06 Feb 2023 | 06 Feb 2023 | 1:2 | — | |
| Other | 06 Feb 2023 | 06 Feb 2023 | — | — | Right Issue of Equity Shares |
| Rights | 17 Sep 2019 | 18 Sep 2019 | 7:5 | — | |
| Other | 17 Sep 2019 | 18 Sep 2019 | — | — | Right Issue of Equity Shares |
| Other | 18 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2013 | — | — | — | Annual General Meeting |
| Dividend | 01 Oct 2012 | — | — | 0.30 | |
| Dividend | 07 Oct 2011 | — | — | 1.00 | |
| Other | 12 Aug 2010 | — | — | — | Annual General Meeting |
| Dividend | 29 Jan 2010 | 01 Feb 2010 | — | 2.00 | |
| Dividend | 20 Jul 2009 | — | — | 0.95 | |
| Dividend | 28 Jul 2008 | — | — | 1.00 | |
| Other | 28 Jul 2008 | — | — | — | Agm/Div Fin 20% + Int 80%Purpose Revised |
| Dividend | 29 Oct 2007 | 30 Oct 2007 | — | 1.30 | |
| Other | 17 Sep 2007 | — | — | — | Agm |
| Dividend | 21 Mar 2007 | 22 Mar 2007 | — | 1.30 | |
| Dividend | 07 Sep 2006 | — | — | 0.30 | |
| Dividend | 22 Sep 2005 | — | — | 0.60 | |
| Bonus | 25 Oct 2004 | 01 Nov 2004 | 1:1 | — | |
| Bonus | 13 Nov 2001 | 30 Nov 2001 | 1:2 | — | |
| Dividend | 20 Jul 2001 | — | — | 10.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Jul from fitch
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Rating update5 Jun from infomerics
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Rating update23 Dec 2025 from smera
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Rating update1 Aug 2025 from smera
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Rating update6 Jun 2025 from infomerics
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Rating update4 Apr 2025 from fitch