Patel Engineering Limited has informed the Exchange about Investor Presentation
PATELENG · price
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Patel Engineering Limited submitted its investor presentation for Q4-FY26 and FY26 results ending March 31, 2026. FY26 revenue remained flat at INR 51,027 Mn (0.2% YoY growth), while EBITDA declined 6.7% to INR 6,840 Mn with margins contracting 100 bps to 13.40%. However, PAT grew strongly by 21.6% to INR 2,945 Mn due to lower finance costs (down 8.1% to INR 2,964 Mn) and significantly reduced tax expense (down 80.2%). The company maintained a robust order book of INR 1,51,193 Mn with a book-to-bill ratio of 2.96x, having received new orders worth INR 44,009 Mn in FY26. The balance sheet strengthened considerably with debt-to-equity improving to 0.27 from 0.59, and credit rating upgraded to A-. Key operational achievements include Subansiri Hydropower Project with 4 of 8 units now operational, and a national tunneling record of 812 meters achieved in a single month at the CIDCO project.
The stock offers revenue visibility backed by a 2.96x book-to-bill ratio and diversified order book across hydropower, irrigation, and tunneling segments. The strong PAT growth despite flat revenue reflects operational efficiency improvements and lower leverage costs, which is positive for shareholders. The credit rating upgrade to A- signals improved financial health.