ALFA Finder| Management target | Revenue 7.0% FY27 |
|---|
| Revenue growth | Q2 flat YoY; H1 up 2%; FY27 guide cut to 7-8%. |
|---|---|
| Margins | Q2 EBITDA margin 12.42% vs 13.13% YoY; H1 flat at 13.24%. |
| Order book | ₹13,546 Cr; about 2.7x annualised H1 revenue. |
| Demand visibility | ₹30,000 Cr hydro bids pending; no hydro awards in six months. |
| Management confidence | Defensive; hedged 'maybe 7%, 8%'; vague on land, pledge, buyback. |
Growth
Q2 revenue rose 0.25% YoY and H1 rose 2.0%. Q2 standalone PAT fell to ₹51 Cr from ₹64 Cr; consolidated H1 PAT growth of 15.9% sits against flat standalone H1 PAT, with non-core sales a possible unquantified contributor.
Outlook
FY27 revenue growth guided as 'marginal', about 7-8% (hedged); no FY28 number given. About ₹150 Cr annual capex and no dividend this year.
Risks
No hydro awards in six months, and ₹30,000 Cr of bids depend on LOIs expected mostly by March. Debt rose to ₹1,312 Cr and the FY27 growth guide was cut.
Earnings Call Transcript filed with BSE, NSE: PATELENG. Summary written with AI assistance from the document.
Patel Engineering Ltd: key numbers
- Share price
- ₹25.79
- Market cap
- ₹2,559 Cr
- Revenue (annual)
- ₹5,103 Cr
- Net profit (annual)
- ₹269.2 Cr
- P/E (TTM)
- 8.5×Sector 33.5×
- Promoter holding
- 31.48%+0.00% QoQ
- FII holding
- 2.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Patel Engineering Ltd
All →Patel Engineering Investor Presentation: Key Takeaways
Q2 FY27 revenue flat at INR 12,107 Mn; EBITDA margin 12.41% (-72 bps YoY); PAT INR 833 Mn (+7.8%). H1 PAT INR 1,767 Mn (+15.9%). Order book INR 1,35,464 Mn, hydro-heavy.
Patel Engineering Results Update
Patel Engineering reported a Q2 FY27 net profit of ₹83 Crore on revenue of ₹1,211 Crore. The company's total order book stood at ₹13,546 Crore as of September 30, 2026.
- Order book
- ₹13,546 Cr
Patel Engineering Q2 FY27 Results: Net Profit ₹86.9 Cr, Up 19.0% YoY
Patel Engineering Ltd reported revenue from operations of ₹1,211 Cr (+0.2% YoY) and net profit of ₹86.9 Cr (+19.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹86.9 Cr · +19.0% YoY
Patel Engineering Legal & Regulatory
Patel Engineering disclosed that its representative filed a representation before a Jaipur special court in a Serious Fraud Investigation Office case against PACL Limited and others. No adverse orders have been passed against the company, and operations are unaffected.
Patel Engineering Board Meeting Date
Patel Engineering has scheduled its Board meeting for November 5, 2026, to approve Q1 and H1 FY27 unaudited results. No financial figures or decisions are reported in this advance notice.
Patel Engineering Share Pledge
Patel Engineering reported that promoter shares held by Janky Patel and Praham India LLP were released and then re-encumbered via Non-Disposal Undertakings.