Patel Engineering Q1 FY27: PAT up 24.5%, guides 10% revenue growth for FY27
PATELENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Q1 FY27 consolidated revenue Rs 1,281 crores (up 4% YoY), PAT up 24.5% at Rs 93.5 crores. EBITDA margin improved to 14.02%. Order book Rs 14,636 crores (book-to-bill 3x), bids under evaluation Rs 9,000 crores, pipeline Rs 60,000 crores. Credit rating upgraded to A stable. Guides about 10% revenue growth in FY27, 15% in FY28, EBITDA margins 13-14%. Targeting Rs 8,000 crores new orders. Non-core asset sales of Rs 150-200 crores targeted. Promoter pledge 85-90%, expected to drop 15-20%.
Strong order visibility of Rs 14,636 crores with multi-year growth guidance supports stock, but margin expansion unlikely due to competition.