Patel Engineering Limited has informed the Exchange about Transcript
PATELENG · price
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Patel Engineering reported FY'26 revenue of INR 5,103 crore with Q4 PAT of INR 71.5 crore, up 21% YoY. The company secured new orders worth INR 4,400 crore during the year including major projects like Kondhane Dam (INR 1,300 crore), HEO hydropower (INR 700 crore), and Renuka Ji Dam (INR 900 crore). As of March 2026, the order book stands at INR 15,119 crore, composed of hydropower (63%), irrigation (16%), tunnelling (5%), urban infrastructure (10%), and roads (6%). Gross debt was significantly reduced by INR 458 crore to INR 1,187 crore, with debt-to-equity improving to 0.27 from 0.43. The company has already been declared L1 for INR 1,600 crore worth of orders and expects FY'27 revenue growth of 10% with order inflows of around INR 8,000 crore.
Strong order book provides multi-year revenue visibility while debt reduction strengthens the balance sheet. The company guided for 10% revenue growth in FY'27, indicating steady but measured expansion.