Financial results for the year ended March 31, 2026
PATELENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Patel Engineering Ltd reported standalone revenue of Rs 50,665.64 million for FY2026, marginally up from Rs 50,076.45 million in FY2025 (1.2% growth). Profit after tax grew to Rs 2,849.60 million from Rs 2,622.10 million, an 8.7% increase. EPS improved to Rs 3.19 from Rs 3.04. EBITDA margin compressed slightly to 13.02% from 13.80% YoY. Exceptional items of Rs 1,175.68 million were recorded, including Rs 57.77 million for new labour code implementation and various provisions/impairments. The company also approved sale of its entire 84,95,040 equity stake in associate ACP Tollways Pvt Ltd for Rs 55 crore (carrying value Rs 26.03 crore). Auditor Vatsaraj & Co issued an unmodified opinion.
Steady but modest performance with PAT growth driven partly by lower finance costs (Rs 2,906 mn vs Rs 3,188 mn). EBITDA margin compression and weak real estate segment (Rs 347 mn loss) are concerns. Asset monetization through ACP Tollways sale will generate a gain and reduce exposure to loss-making operations.