MarketFriction

Patel Engineering Ltd

NSE PATELENG · BSE 531120 · Civil Construction
₹25.92 -2.00%
NSE close2026-10-01
52 week range22.00 - 37.31
Market cap₹2,625 Cr.
P/E6.69
Pledge Price band 20% Delivery 55.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0211,0611,3431,1021,1741,2061,6121,2331,2081,2391,4211,281
Expenses8819191,1069331,0121,0221,3941,0681,0501,0951,2061,101
Operating Profit140142238169162184218165159145215180
OPM %14%13%18%15%14%15%14%13%13%12%15%14%
Other Income245275254210-623932-14-5325
Interest928993847980797376687962
Depreciation232329262424262526262626
Profit before tax4982190831018952105893757117
Tax %22%16%26%43%27%10%33%24%27%-153%44%21%
Net Profit3869140557382388173724498
EPS in Rs0.410.761.380.540.740.800.360.780.720.710.420.98
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,0413,8842,2752,3622,6171,9953,3803,8914,5445,0935,1035,150
Expenses3,6423,4631,7431,9852,4321,7502,8503,3303,8544,3454,4174,452
Operating Profit399421531377185244530562690749686698
OPM %10%11%23%16%7%12%16%14%15%15%13%14%
Other Income41165106247202-11583149163-12-9
Interest602579489370266401420412362322296285
Depreciation557854506672828198100104105
Profit before tax-216-719420455-344112218393326288299
Tax %-9%45%-12%22%43%-21%39%18%26%27%6%
Net Profit-196-10310515411-29172183290248269287
EPS in Rs-6.04-1.551.582.220.15-3.540.852.023.192.502.712.83
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%21%9%-1%
Compounded Profit Growth20%47%26%4%
Stock Price CAGR-8%8%-19%-26%
Return on Equity5%8%9%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8816161641474877778499
Reserves1,8851,7052,1232,1442,2602,5062,2732,3362,8113,0763,7004,341
Borrowings5,1635,3954,9822,9102,6982,2962,2962,2921,7581,9101,6641,216
Other Liabilities2,1832,4042,5552,3443,2263,4853,4713,8354,1113,9334,1313,866
Total Liabilities9,2399,5129,6767,4148,2018,3288,0878,5108,7578,9969,5809,522
Fixed Assets6586226295565786076831,1811,2311,3191,3281,338
CWIP9828378687921,0631,141679283294233171126
Investments18216413814011679688213515518153
Other Assets7,4177,8898,0405,9266,4436,5016,6586,9657,0967,2897,9008,005
Total Assets9,2399,5129,6767,4148,2018,3288,0878,5108,7578,9969,5809,522
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1-48567403836407389514702688279560
Cash from Investing Activity-244272-222245-327-477-121-224-132-1585
Cash from Financing Activity229-311-343-578-513-367-311-340-541-429-346-516
Net Cash Flow-16-86270-4-78554-63126-81129
Free Cash Flow-24187459552523361275371534541190452
CFO/OP11%4%139%54%203%186%164%112%140%114%35%88%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days614624393546796147445443
Inventory Days
Days Payable
Cash Conversion Cycle614624393546796147445443
Working Capital Days99108811321411212611401401176681
ROCE %8%7%8%11%10%6%6%12%13%14%15%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters39.42%39.42%39.42%36.11%36.11%36.11%36.11%36.11%36.11%31.48%31.48%31.49%
FIIs2.36%2.83%3.37%3.68%3.09%4.74%5.01%2.71%2.53%2.52%2.86%3.28%
DIIs6.25%5.59%4.48%6.22%4.45%4.51%4.70%4.91%4.75%5.81%6.17%4.76%
Public47.18%47.37%47.93%49.59%51.96%50.23%49.80%51.88%52.21%56.43%55.74%56.71%
Others4.79%4.79%4.79%4.39%4.39%4.39%4.39%4.39%4.39%3.74%3.74%3.74%
No. of Shareholders2,00,9412,18,5822,59,6053,40,8514,32,4454,40,7684,46,1124,47,5354,41,7634,57,7414,62,9304,59,866

Fundamentals

Market Cap₹ 2,625 Cr.
Current Price₹ 26.4
Stock P/E6.69
Book Value₹ 44.8
ROCE13.3 %
ROE8.95 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)4%
Consolidated figures.
Valuation
Market capRs 2,572 Cr
Enterprise valueRs 3,247 Cr
P/E (TTM)9.19x
Price to book0.58x
Price to sales0.50x
EV / EBITDA4.71x
EV / EBIT5.56x
EV / sales0.63x
Price to cash flow4.59x
Earnings yield10.88%
P/E, 3-year average11.90x
P/B, 3-year average0.90x
P/E, 5-year average11.25x
P/B, 5-year average0.70x
Profitability
Operating margin (excl. other income)13.44%
Operating margin (incl. other income)13.48%
EBITDA margin13.38%
Pre-tax margin5.81%
Net profit margin5.44%
Net margin, latest quarter7.57%
ROE6.55%
ROCE10.52%
ROA2.82%
ROE, 3-year average7.77%
ROCE, 3-year average12.80%
ROA, 3-year average2.92%
ROE, 5-year average6.67%
ROCE, 5-year average12.67%
ROA, 5-year average2.35%
ROIC (approx.)10.72%
Tax rate6.16%
Other income / net worth0.04%
Growth
Sales growth (latest year)0.18%
Profit growth (latest year)8.60%
Sales CAGR, 3 years9.46%
Sales CAGR, 5 years20.66%
Profit CAGR, 3 years13.62%
Sales growth QoQ-9.90%
Profit growth QoQ133.68%
Sales growth YoY (latest quarter)3.83%
Profit growth YoY (latest quarter)24.63%
Per share
EPS (TTM)Rs 2.82
EPS (latest year)Rs 2.71
EPS (latest quarter)Rs 0.98
EPS, 3-year averageRs 3.13
EPS, 5-year averageRs 2.66
Book value per shareRs 44.75
Sales per shareRs 51.91
Cash flow per shareRs 5.65
Free cash flow per shareRs 4.56
Efficiency
Asset turnover0.54x
Fixed asset turnover3.81x
Inventory turnover3.85x
Inventory days95 days
Debtor days43 days
Debtors turnover8.53x
Cash conversion cycle43 days
Working capital days81 days
Leverage
Total debtRs 1,216 Cr
Cash and bankRs 540 Cr
Net debtRs 676 Cr
Debt to equity0.27x
Net debt / EBITDA0.98x
Interest coverage2.05x
Current ratio (filing 2026-03-31)1.45x
Quick ratio (filing 2026-03-31)1.19x
Trade payables (filing 2026-03-31)Rs 2,163 Cr
Owners' fund to total sources46.63%
Debt to assets12.77%
Cash flow
Cash from Operating Activity (latest year)Rs 560 Cr
Cash from Investing Activity (latest year)Rs 85 Cr
Cash from Financing Activity (latest year)Rs -516 Cr
Net Cash Flow (latest year)Rs 129 Cr
Free cash flow (latest year)Rs 452 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years2.58x
Sales to cash flow9.11x
Statement figures
Net sales (TTM)Rs 5,150 Cr
Net sales (latest year)Rs 5,103 Cr
Sales (latest quarter)Rs 1,281 Cr
Operating profit excl. other income (latest year)Rs 686 Cr
Operating profit (latest quarter)Rs 180 Cr
Other income (TTM)Rs -9 Cr
EBITDA (TTM)Rs 689 Cr
PBDT (TTM)Rs 404 Cr
Profit before tax (TTM)Rs 299 Cr
Tax (latest year)Rs 18 Cr
Net profit (TTM)Rs 280 Cr
Net profit (latest year)Rs 269 Cr
Net profit (latest quarter)Rs 97 Cr
Depreciation (TTM)Rs 105 Cr
Depreciation (latest quarter)Rs 26 Cr
Interest (TTM)Rs 285 Cr
Cost of goods sold (latest year)Rs 3,766 Cr
Total expenditure (latest year)Rs 4,417 Cr
Total income (latest year)Rs 5,104 Cr
Share capitalRs 99 Cr
ReservesRs 4,341 Cr
Shareholders' fundsRs 4,440 Cr
Total assetsRs 9,522 Cr
Net blockRs 1,338 Cr
Capital work in progressRs 126 Cr
InvestmentsRs 53 Cr
ReceivablesRs 598 Cr
InventoryRs 978 Cr
Other liabilitiesRs 3,866 Cr
Shares outstanding (crore)99.21
Ownership
Promoter holding31.49% (-4.62 in a year)
Promoter pledge flagYes, NSE list
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.2 is at the 9th percentile of its own 7.4-year range (median 23.2, low 5.8, high 134.6).
P/B 0.58 is at the 15th percentile (median 1.06).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPATELENGNifty 50Difference
1 week-6.4%-2.8% -3.6 pts
1 month-6.6%-6.8% +0.2 pts
3 months-23.8%-7.6% -16.2 pts
6 months+16.8%+0.4% +16.4 pts
1 year-32.7%-9.9% -22.8 pts
2 years-57.0%-13.6% -43.4 pts
3 years-49.9%+14.2% -64.1 pts
5 years+29.3%+27.9% +1.4 pts
2 mutual fund schemes hold about ₹5 Cr. Over three months 1 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
JM Small Cap Fund0.52%5 -26%
Motilal Oswal BSE 1000 Index Fund0.01%0 +7%

Red flags

F-score 7 of 8
explainPromoter pledge (NSE list) Promoter shares on the NSE pledge list
lookOn NSE surveillance On NSE surveillance: Pledge
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-18a) Release of Pledged Equity shareAcquirerotherSAST Others
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹1,281 Cr +3.9% vs Jun 2025. Net profit ₹98 Cr +21.0%.
Against our estimate for Jun 2026: sales +8.9%, profit +40.5% beat. Our estimate for Sep 2026: sales Rs 1,160 Cr, profit Rs 69 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-12-04Rights 7:40 @ Premium Rs 26/-
2023-02-06Rights 1:2@ Premium Rs 11.60/-
2019-09-17 Rights 7:5 @ Premium Rs 8/- Per Share
2015-09-18 Annual General Meeting
2014-09-11Annual General Meeting
2013-09-16Annual General Meeting
2012-10-01Annual General Meeting/Dividend Re 0.30 Per Share
2011-10-07Annual General Meeting And Dividend Re.1/- Per Share
2010-08-12Annual General Meeting
2010-01-29Interim Div-Rs.2/- Per Shpurpose Revised
2009-07-20Agm/Div-Re.0.95 Per Share
2008-07-28Agm/Div Fin 20% + Int 80%Purpose Revised
2007-10-29Interim Dividend-130%
2007-09-17Agm
2007-03-21Interim Dividend-130% Purpose Revised
2006-09-07Agm/Dividend-30%
DateTypeWhat it says
2026-09-29Concall / analyst meetOutcome of meeting
2026-09-28Concall / analyst meetOutcome of meeting
2026-09-22Concall / analyst meetSchedule of meet
2026-09-22Concall / analyst meetSchedule of meet
2026-09-18Shareholder meetingProceedings of Annual General Meeting held on September 18, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along w...
2026-09-07Concall / analyst meetOutcome of meeting
2026-09-01Concall / analyst meetSchedule of meet
2026-08-28UpdatesThe successful completion of disinvestment of 32% in ACP Tollways Private Limited
2026-08-24UpdatesBusiness Responsibility and Sustainability Report.for the FY 2025-26
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 18, 2026
2026-08-17Concall / analyst meetTranscript
2026-08-11Concall / analyst meetLink of Recording
2026-08-10Monitoring Agency ReportMonitoring Agency Report for Right Issue
2026-08-10Utilisation of FundsUtilisation of Funds raised through Rights Issue
2026-08-10Investor PresentationInvestor Presentation
2026-08-10Press ReleasePress Release on the performance for the quarter ended June 30, 2026
2026-08-10Board meeting outcomePatel Engineering Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05Concall / analyst meetSchedule of meet
2026-07-23UpdatesCompany s Samardung Tunnel (Teesta VI) project incident update-Rescue OperationsConcluded.
2026-07-21UpdatesCompany s Samardung Tunnel project incident update.
2026-06-25Concall / analyst meetOutcome of meeting
2026-06-16Concall / analyst meetSchedule of meet
2026-06-15UpdatesPress Release Letter of Acceptance ( LOA ) received for Rs. 126.37 crore for Tasgaon Lift Irrigation Scheme in Maharashtra..
2026-06-12Disclosure under SEBI TakeovJanky Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-06-03Press ReleaseA press release dated Jun 03, 2026, titled "Press release for revision of credit rating ".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2019-01-14NCLTShreeji Assocaites Vs Patel Engineering Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Pledge: stage 1

Quick answers

What is the market cap of Patel Engineering Ltd?

Patel Engineering Ltd (PATELENG) has a market capitalisation of Rs 2,625 Cr. at the 2026-10-01 close.

What is the P/E ratio of Patel Engineering Ltd?

Patel Engineering Ltd trades at a P/E of 6.69 on trailing twelve-month profit, at the 2026-10-01 close.

What were Patel Engineering Ltd's latest quarterly results?

In the Jun 2026 quarter, Patel Engineering Ltd sales was Rs 1,281 Cr (+3.9% vs Jun 2025) and net profit was Rs 98 Cr.

What is the 52-week high and low of Patel Engineering Ltd?

The 52-week high is Rs 37.31 and the 52-week low is Rs 22.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03