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Investor Presentation

Patel Engineering Investor Presentation: Key Takeaways

Patel Engineering reported strong Q1 FY27 results with consolidated revenue up 4% and PAT up 24.5%. Strategy focuses on execution of a ₹14,636 crore order book and monetizing non-core assets.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth4% YoY in Q1; guided 10% for FY27.
MarginsOperating EBITDA margin at 14.02%; expected to stay 13-14%.
Order book₹14,636 crore as of June 30, 2026; 62% Hydropower.
Demand visibilityStrong; identified ₹60,000 crore near-term opportunity pipeline.
Management confidenceHigh; confident in achieving 10% growth and maintaining 13-14% margins.

Growth

Revenue grew 4% to ₹1,281 crore; PAT rose 24.5% YoY to ₹93.5 crore. Standalone EBITDA margin improved to 13.82%.

Outlook

Management guides ~10% revenue growth for FY27. Targeting ₹8,000 crore new orders and ₹150-200 crore from asset monetization.

Risks

Seasonal monsoon slowdown in Q2, intense bidding competition, and potential prolonged litigation for arbitration award realization.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue >₹5,000 Cr → delivered ₹5,103 Cr (= BEAT)
  • Guided Annual Asset Monetization ₹150 Cr → delivered ₹185 Cr (= BEAT)
  • Guided Debt Reduction via Rights Issue → delivered ₹450 Cr reduction (= BEAT)

Partly delivered

  • Guided Promoter Pledge Reduction after March → delivered 'Contacting lenders' (= PARTIAL)
  • Guided Real Estate OC for Patel Smondo → delivered 'Pending litigation' (= PARTIAL)

Missed

  • Guided Revenue Growth for FY26 (Flat/No growth) → delivered 0.18% YoY (= BEAT/DELIVERED)
Source

Investor Presentation filed with BSE, NSE: PATELENG. Summary written with AI assistance from the document.

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Patel Engineering Ltd: key numbers

Share price
₹27.61
Market cap
₹2,739 Cr
Revenue (annual)
₹5,103 Cr
Net profit (annual)
₹269.2 Cr
P/E (TTM)
9.6×Sector 33.0×
Promoter holding
31.48%+0.00% QoQ
FII holding
3.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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