Patel Engineering Ltd.
NSE: PATELENG · Civil Construction · sector
₹22.66NSE close 2026-10-26
Key numbers
Market cap₹2,248 cr
Price₹22.66
52w high / low₹39 / ₹22
P/E7.4xSector median 12.2x
P/B0.5xSector median 1.3x
Book value₹44.8
Dividend yield–Sector median 0.76%
ROE7.7%Sector median 10.2%
ROCE10.3%Sector median 12.9%
OPM10.4%Sector median 10.7%
Debt / equity0.27xSector median 0.36x
EV/EBITDA5.4xSector median 8.8x
Interest cover2.0x
Current ratio1.45x
Sales growth 3y+6.7%Sector median +6.7%
Profit growth 3y+23.9%Sector median +5.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹550 cr vs borrowings ₹1,216 cr (FY26): borrowings are higher by ₹666 cr.
- Operating profit covered interest 2.0x in the last 12 months.
- 59.73% of the promoters' shares are pledged (21.0% of all shares).
- Promoter holding fell by 4.63 percentage points in a year, to 31.48% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 48% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹22.66 on 2026-10-26: -41.5% from the 52-week high, +3.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹60.26 · low ₹22.66
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,174 | 1,206 | 1,612 | 1,233 | 1,208 | 1,239 | 1,421 | 1,281 |
| EBITDA | 147 | 134 | 131 | 165 | 128 | 102 | 127 | 180 |
| OPM % | 12.6% | 11.1% | 8.1% | 13.4% | 10.6% | 8.2% | 8.9% | 14.0% |
| Other income | 57 | 60 | 25 | 39 | 63 | 29 | 35 | 25 |
| Net profit | 81 | 80 | 33 | 75 | 77 | 72 | 71 | 95 |
| EPS (₹) | 0.87 | 0.95 | 0.43 | 0.92 | 0.84 | 0.82 | 0.42 | 0.98 |
| Revenue YoY | +2.9% | +2.8% | -11.8% | +3.8% | ||||
| Profit YoY | -4.7% | -11.0% | +118.0% | +26.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,380 | 4,202 | 4,544 | 5,093 | 5,103 | 5,150 |
| EBITDA | 497 | 624 | 776 | 582 | 522 | 536 |
| Net profit | 55 | 155 | 290 | 242 | 294 | 315 |
| EPS (₹) | 1.51 | 3.19 | 3.64 | 2.88 | 2.92 | 3.06 |
| Revenue growth | +24.3% | +8.1% | +12.1% | +0.2% | -1.4% | |
| Profit growth | +182.8% | +87.5% | -16.6% | +21.6% | +17.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.7% | +20.7% | -1.4% |
| Net profit | +23.9% | – | +17.0% |
| EPS | -2.9% | – | – |
| Share price | – | -33.8% (2y) | -36.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,888 | 3,154 | 3,785 | 4,440 |
| Borrowings | – | 1,770 | 1,910 | 1,615 | 1,216 |
| Cash & equivalents | – | 212 | 339 | 516 | 550 |
| Total assets | – | 8,750 | 8,996 | 9,580 | 9,522 |
| Fixed assets | – | 1,250 | 1,265 | 1,304 | 1,315 |
| Capital work in progress | – | 294 | 233 | 171 | 126 |
| Investments | – | 124 | 155 | 70 | 43 |
| Receivables | – | 531 | 554 | 754 | 598 |
| Inventory | – | 3,744 | 3,792 | 4,387 | 978 |
| Payables | – | 1,552 | 1,864 | 2,118 | 2,163 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 537 | 693 | 688 | 363 | 560 |
| Cash from investing | -144 | -217 | -132 | -15 | 85 |
| Cash from financing | -340 | -536 | -429 | -283 | -516 |
| Capex | 181 | 183 | 159 | 90 | 110 |
| Free cash flow | 356 | 509 | 529 | 273 | 450 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 5.4% | 9.2% | 6.4% | 6.6% |
| ROCE % | – | 14.0% | 15.2% | 12.0% | 10.3% |
| Debtor days | – | 46 | 44 | 54 | 43 |
| Inventory days | – | 1,383 | 1,529 | 1,775 | 279 |
| Payable days | – | 573 | 752 | 857 | 616 |
| Cash conversion cycle (days) | – | 856 | 821 | 972 | -294 |
| Working capital days | – | 152 | 156 | 173 | 120 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 31.48% |
| FIIs | 2.98% |
| DIIs | 3.87% |
| of which Mutual funds | 0.17% |
| of which Insurance | 0.03% |
| Government | 0.00% |
| Public (non-institutions) | 57.93% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 36.11% | 36.11% | 36.11% | 31.48% | 31.48% | 31.48% | 31.48% | 31.48% |
| Promoter group | % |
|---|---|
| Raahitya Constructions Private Limited | 24.17% |
| Praham India Llp | 4.05% |
| Janky Rupen Patel | 3.11% |
| Alina Rupen Patel | 0.13% |
| Ryan Rupen Patel | 0.03% |
| Public holders above 1% | % |
|---|---|
| Patel Engineering Employees Welfare Trust | 3.74% |
| Bank Of Baroda | 1.01% |
| Kedia Securities Private Limited | 1.01% |
4,51,150 shareholders. Pledged: 59.73% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| PATELENG | ₹2,248 cr | 7.4x | 0.5x | 7.7% | 10.3% | 10.4% | +6.7% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Civil Construction | ₹5,098 cr | 99.9% | ₹485 cr | 9.5% |
| Real estate | ₹4 cr | 0.1% | ₹-36 cr | -850.1% |
| others | ₹0 cr | – | ₹-0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-12-04 | Rights | Rights 7:40 @ Premium Rs 26/- |
| 2023-02-06 | Rights | Rights 1:2@ Premium Rs 11.60/- |
| 2019-09-17 | Rights | Rights 7:5 @ Premium Rs 8/- Per Share |
| 2015-09-18 | Other | Annual General Meeting |
| 2014-09-11 | Other | Annual General Meeting |
| 2013-09-16 | Other | Annual General Meeting |
| 2012-10-01 | Dividend | Annual General Meeting/Dividend Re 0.30 Per Share |
| 2011-10-07 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2010-08-12 | Other | Annual General Meeting |
| 2010-01-29 | Other | Interim Div-Rs.2/- Per Shpurpose Revised |
| 2009-07-20 | Other | Agm/Div-Re.0.95 Per Share |
| 2008-07-28 | Other | Agm/Div Fin 20% + Int 80%Purpose Revised |
| 2007-10-29 | Dividend | Interim Dividend-130% |
| 2007-09-17 | Other | Agm |
| 2007-03-21 | Dividend | Interim Dividend-130% Purpose Revised |
| 2006-09-07 | Dividend | Agm/Dividend-30% |
| 2005-09-22 | Dividend | Agm/Dividend-60% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Civil Engineering & Construction: Civil Engineering & Construction of Hydro projects, Dams, Tunnels, Roads, Railways etc.
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | PATELENG |
| BSE code | 531120 |
| ISIN | INE244B01030 |
| Face value | ₹1.0 |
| Incorporated | 1949-04-02 |
| Website | https://pateleng.com |
| Plants (India / abroad) | 51 / 2 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.