Patel Engineering Ltd.
•₹ 28.170.11%
2026-08-21
PROS
- Company has delivered good profit growth of 49.8% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.57x)
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.2
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (51.1% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -4.6pp
- Company has a low return on equity of 7.6% over last 3 years
- Equity base is being diluted - shares outstanding up 76.2%
- Contingent liabilities are large at 71.8% of net worth
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | PATELENG | 27.81 | 9.62 | 2759.15 | 0.00 | 98.50 | 21.69 | 1280.74 | 3.83 | 12.61 | 14.53 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,119 | 1,021 | 1,061 | 1,343 | 1,102 | 1,174 | 1,206 | 1,612 | 1,233 | 1,208 | 1,239 | 1,421 | 1,281 | |
| 948 | 881 | 919 | 1,106 | 933 | 1,012 | 1,022 | 1,394 | 1,068 | 1,050 | 1,095 | 1,206 | 1,189 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 18 | 25 | 15 | 31 | 25 | 57 | 60 | 25 | 39 | 63 | 29 | 35 | 25 |
| Interest | 88 | 92 | 89 | 93 | 84 | 79 | 80 | 79 | 73 | 76 | 68 | 79 | 62 |
| Depreciation | 22 | 23 | 23 | 29 | 26 | 24 | 24 | 26 | 25 | 26 | 26 | 26 | 26 |
| 84 | 49 | 82 | 190 | 83 | 101 | 89 | 52 | 105 | 89 | 37 | 57 | 123 | |
| Tax % | 35.60% | 22.43% | 16.44% | 25.86% | 42.51% | 27.42% | 10.34% | 33.08% | 24.04% | 27.02% | -152.60% | 43.71% | 20.11% |
| Net Profit | 0 | 0 | 0 | 0 | 55 | 73 | 82 | 38 | 81 | 73 | 72 | 44 | 99 |
| 1 | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | |
| Equity Capital | 77 | 77 | 77 | 77 | 84 | 84 | 84 | 84 | 84 | 84 | 99 | 99 | 99 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 77 | 77 | 77 | 77 | 84 | 84 | 84 | 84 | 84 | 84 | 99 | 99 | 99 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,119
- 948
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 88
- Depreciation
- 22
- 84
- Tax %
- 35.60%
- Net Profit
- 0
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,021
- 881
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 92
- Depreciation
- 23
- 49
- Tax %
- 22.43%
- Net Profit
- 0
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,061
- 919
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 89
- Depreciation
- 23
- 82
- Tax %
- 16.44%
- Net Profit
- 0
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,343
- 1,106
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 93
- Depreciation
- 29
- 190
- Tax %
- 25.86%
- Net Profit
- 0
- 2
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,102
- 933
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 84
- Depreciation
- 26
- 83
- Tax %
- 42.51%
- Net Profit
- 55
- 1
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,174
- 1,012
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 79
- Depreciation
- 24
- 101
- Tax %
- 27.42%
- Net Profit
- 73
- 1
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,206
- 1,022
- Operating Profit
- —
- OPM %
- —
- Other Income
- 60
- Interest
- 80
- Depreciation
- 24
- 89
- Tax %
- 10.34%
- Net Profit
- 82
- 1
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,612
- 1,394
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 79
- Depreciation
- 26
- 52
- Tax %
- 33.08%
- Net Profit
- 38
- 0
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,233
- 1,068
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 73
- Depreciation
- 25
- 105
- Tax %
- 24.04%
- Net Profit
- 81
- 1
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,208
- 1,050
- Operating Profit
- —
- OPM %
- —
- Other Income
- 63
- Interest
- 76
- Depreciation
- 26
- 89
- Tax %
- 27.02%
- Net Profit
- 73
- 1
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 84
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,239
- 1,095
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 68
- Depreciation
- 26
- 37
- Tax %
- -152.60%
- Net Profit
- 72
- 1
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,421
- 1,206
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 79
- Depreciation
- 26
- 57
- Tax %
- 43.71%
- Net Profit
- 44
- 0
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,281
- 1,189
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 62
- Depreciation
- 26
- 123
- Tax %
- 20.11%
- Net Profit
- 99
- 0
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,327 | 3,654 | 3,934 | 2,211 | 2,556 | 1,828 | 3,397 | 3,740 | 4,488 | 4,715 | 5,150 | |
| 2,910 | 3,233 | 3,403 | 1,850 | 2,371 | 1,593 | 2,870 | 3,179 | 3,797 | 3,982 | 4,540 | |
| Operating Profit | 569 | 675 | 773 | 535 | 356 | 344 | 644 | 677 | 779 | 899 | — |
| OPM % | 17 | 18 | 20 | 24 | 14 | 19 | 19 | 18 | 17 | 19 | — |
| Other Income | 153 | 254 | 243 | 175 | 171 | 109 | 116 | 115 | 89 | 166 | 153 |
| Interest | 602 | 579 | 489 | 370 | 266 | 401 | 420 | 412 | 362 | 322 | 285 |
| Depreciation | 55 | 78 | 54 | 50 | 66 | 72 | 82 | 81 | 98 | 100 | 105 |
| -216 | -71 | 94 | 204 | 55 | -344 | 112 | 183 | 405 | 326 | 306 | |
| Tax % | 9 | -45 | -12 | 22 | 43 | 21 | 39 | 21 | 26 | 27 | 6 |
| Net Profit | -196 | -103 | 105 | 159 | 31 | -273 | 69 | 144 | 302 | 236 | 288 |
| EPS | -26 | -10 | 5 | 5 | 0 | -7 | 1 | 2 | 3 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 8 | 44 | -7 | -6 | -4 | -12 | -10 | -16 | -20 | -6 | -4 |
| Share of Associates | 0 | 0 | 0 | -5 | -20 | -18 | 3 | 5 | 1 | 12 | 5 |
| Adjusted EPS | -16 | -2 | 4 | 6 | 0 | -6 | 1 | 2 | 3 | 3 | — |
| Minority Interest | 8 | 44 | -7 | -6 | -4 | -12 | -10 | -16 | -20 | -6 | -4 |
| Share of Associates | 0 | 0 | 0 | -5 | -20 | -18 | 3 | 5 | 1 | 12 | 5 |
| Adjusted EPS | -16 | -2 | 4 | 6 | 0 | -6 | 1 | 2 | 3 | 3 | — |
Mar 2016
- 3,327
- 2,910
- Operating Profit
- 569
- OPM %
- 17
- Other Income
- 153
- Interest
- 602
- Depreciation
- 55
- -216
- Tax %
- 9
- Net Profit
- -196
- EPS
- -26
- Dividend Payout %
- 0
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- -16
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- -16
Mar 2017
- 3,654
- 3,233
- Operating Profit
- 675
- OPM %
- 18
- Other Income
- 254
- Interest
- 579
- Depreciation
- 78
- -71
- Tax %
- -45
- Net Profit
- -103
- EPS
- -10
- Dividend Payout %
- 0
- Minority Interest
- 44
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 44
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2018
- 3,934
- 3,403
- Operating Profit
- 773
- OPM %
- 20
- Other Income
- 243
- Interest
- 489
- Depreciation
- 54
- 94
- Tax %
- -12
- Net Profit
- 105
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- -7
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -7
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 2,211
- 1,850
- Operating Profit
- 535
- OPM %
- 24
- Other Income
- 175
- Interest
- 370
- Depreciation
- 50
- 204
- Tax %
- 22
- Net Profit
- 159
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- -6
- Share of Associates
- -5
- Adjusted EPS
- 6
- Minority Interest
- -6
- Share of Associates
- -5
- Adjusted EPS
- 6
Mar 2020
- 2,556
- 2,371
- Operating Profit
- 356
- OPM %
- 14
- Other Income
- 171
- Interest
- 266
- Depreciation
- 66
- 55
- Tax %
- 43
- Net Profit
- 31
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -4
- Share of Associates
- -20
- Adjusted EPS
- 0
- Minority Interest
- -4
- Share of Associates
- -20
- Adjusted EPS
- 0
Mar 2021
- 1,828
- 1,593
- Operating Profit
- 344
- OPM %
- 19
- Other Income
- 109
- Interest
- 401
- Depreciation
- 72
- -344
- Tax %
- 21
- Net Profit
- -273
- EPS
- -7
- Dividend Payout %
- 0
- Minority Interest
- -12
- Share of Associates
- -18
- Adjusted EPS
- -6
- Minority Interest
- -12
- Share of Associates
- -18
- Adjusted EPS
- -6
Mar 2022
- 3,397
- 2,870
- Operating Profit
- 644
- OPM %
- 19
- Other Income
- 116
- Interest
- 420
- Depreciation
- 82
- 112
- Tax %
- 39
- Net Profit
- 69
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -10
- Share of Associates
- 3
- Adjusted EPS
- 1
- Minority Interest
- -10
- Share of Associates
- 3
- Adjusted EPS
- 1
Mar 2023
- 3,740
- 3,179
- Operating Profit
- 677
- OPM %
- 18
- Other Income
- 115
- Interest
- 412
- Depreciation
- 81
- 183
- Tax %
- 21
- Net Profit
- 144
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- -16
- Share of Associates
- 5
- Adjusted EPS
- 2
- Minority Interest
- -16
- Share of Associates
- 5
- Adjusted EPS
- 2
Mar 2024
- 4,488
- 3,797
- Operating Profit
- 779
- OPM %
- 17
- Other Income
- 89
- Interest
- 362
- Depreciation
- 98
- 405
- Tax %
- 26
- Net Profit
- 302
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -20
- Share of Associates
- 1
- Adjusted EPS
- 3
- Minority Interest
- -20
- Share of Associates
- 1
- Adjusted EPS
- 3
Mar 2025
- 4,715
- 3,982
- Operating Profit
- 899
- OPM %
- 19
- Other Income
- 166
- Interest
- 322
- Depreciation
- 100
- 326
- Tax %
- 27
- Net Profit
- 236
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -6
- Share of Associates
- 12
- Adjusted EPS
- 3
- Minority Interest
- -6
- Share of Associates
- 12
- Adjusted EPS
- 3
TTM
- 5,150
- 4,540
- Operating Profit
- —
- OPM %
- —
- Other Income
- 153
- Interest
- 285
- Depreciation
- 105
- 306
- Tax %
- 6
- Net Profit
- 288
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -4
- Share of Associates
- 5
- Adjusted EPS
- —
- Minority Interest
- -4
- Share of Associates
- 5
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 13%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 40%
- 5 Years:
- 102%
- 3 Years:
- 57%
STOCK PRICE CAGR
- 10 Years:
- -1%
- 5 Years:
- 15%
- 3 Years:
- -20%
- 1 Year:
- -25%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 3%
- 3 Years:
- 8%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 8 | 16 | 16 | 16 | 41 | 47 | 48 | 77 | 77 | 84 |
| 1,705 | 2,123 | 2,144 | 2,259 | 2,505 | 2,273 | 2,336 | 2,811 | 3,076 | 3,700 | |
| 3,288 | 3,383 | 1,578 | 1,393 | 1,376 | 1,513 | 1,501 | 1,208 | 1,218 | 1,110 | |
| Trade Payables | 788 | 861 | 1,095 | 1,093 | 1,370 | 1,210 | 1,324 | 1,504 | 1,864 | 2,118 |
| 3,699 | 3,199 | 2,662 | 3,525 | 2,919 | 2,845 | 3,107 | 3,102 | 2,715 | 2,710 | |
| Total Liabilities | 9,488 | 9,582 | 7,495 | 8,286 | 8,211 | 7,887 | 8,315 | 8,702 | 8,951 | 9,723 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 622 | 629 | 556 | 578 | 607 | 683 | 1,181 | 1,231 | 1,319 | 1,328 | |
| Capital Work in Progress | 837 | 868 | 792 | 1,063 | 1,141 | 679 | 283 | 294 | 233 | 171 |
| 164 | 138 | 140 | 116 | 79 | 68 | 82 | 135 | 155 | 181 | |
| 4,701 | 4,855 | 3,162 | 3,546 | 3,566 | 3,630 | 3,591 | 3,676 | 3,792 | 4,387 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 554 | 754 | |
| Cash & Bank | 64 | 61 | 132 | 124 | 114 | 196 | 261 | 208 | 339 | 405 |
| 3,100 | 3,030 | 2,712 | 2,858 | 2,704 | 2,632 | 2,918 | 3,156 | 2,559 | 2,498 | |
| Total Assets | 9,488 | 9,582 | 7,495 | 8,286 | 8,211 | 7,887 | 8,315 | 8,702 | 8,951 | 9,723 |
| Total Debt | 5,395 | 4,982 | 2,910 | 2,698 | 2,296 | 2,266 | 2,262 | 1,741 | 1,885 | 1,602 |
| Net Working Capital | 1,259 | 910 | 938 | 1,025 | 953 | 1,613 | 1,555 | 1,509 | 1,898 | 2,364 |
| Contingent Liabilities | 2,018 | 1,724 | 1,708 | 1,786 | 1,848 | 3,079 | 2,893 | 3,186 | 2,906 | 2,718 |
| Book Value per Share | 217.79 | 133.91 | 135.05 | 135.64 | 60.80 | 48.22 | 48.47 | 36.42 | 39.64 | 44.10 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 5,395 | 4,982 | 2,910 | 2,698 | 2,296 | 2,266 | 2,262 | 1,741 | 1,885 | 1,602 |
| Net Working Capital | 1,259 | 910 | 938 | 1,025 | 953 | 1,613 | 1,555 | 1,509 | 1,898 | 2,364 |
| Contingent Liabilities | 2,018 | 1,724 | 1,708 | 1,786 | 1,848 | 3,079 | 2,893 | 3,186 | 2,906 | 2,718 |
| Book Value per Share | 217.79 | 133.91 | 135.05 | 135.64 | 60.80 | 48.22 | 48.47 | 36.42 | 39.64 | 44.10 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 8
- 1,705
- 3,288
- Trade Payables
- 788
- 3,699
- Total Liabilities
- 9,488
- 622
- Capital Work in Progress
- 837
- 164
- 4,701
- 0
- Cash & Bank
- 64
- 3,100
- Total Assets
- 9,488
- Total Debt
- 5,395
- Net Working Capital
- 1,259
- Contingent Liabilities
- 2,018
- Book Value per Share
- 217.79
- Face Value
- 1.00
- Total Debt
- 5,395
- Net Working Capital
- 1,259
- Contingent Liabilities
- 2,018
- Book Value per Share
- 217.79
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 16
- 2,123
- 3,383
- Trade Payables
- 861
- 3,199
- Total Liabilities
- 9,582
- 629
- Capital Work in Progress
- 868
- 138
- 4,855
- 0
- Cash & Bank
- 61
- 3,030
- Total Assets
- 9,582
- Total Debt
- 4,982
- Net Working Capital
- 910
- Contingent Liabilities
- 1,724
- Book Value per Share
- 133.91
- Face Value
- 1.00
- Total Debt
- 4,982
- Net Working Capital
- 910
- Contingent Liabilities
- 1,724
- Book Value per Share
- 133.91
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 16
- 2,144
- 1,578
- Trade Payables
- 1,095
- 2,662
- Total Liabilities
- 7,495
- 556
- Capital Work in Progress
- 792
- 140
- 3,162
- 0
- Cash & Bank
- 132
- 2,712
- Total Assets
- 7,495
- Total Debt
- 2,910
- Net Working Capital
- 938
- Contingent Liabilities
- 1,708
- Book Value per Share
- 135.05
- Face Value
- 1.00
- Total Debt
- 2,910
- Net Working Capital
- 938
- Contingent Liabilities
- 1,708
- Book Value per Share
- 135.05
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 16
- 2,259
- 1,393
- Trade Payables
- 1,093
- 3,525
- Total Liabilities
- 8,286
- 578
- Capital Work in Progress
- 1,063
- 116
- 3,546
- 0
- Cash & Bank
- 124
- 2,858
- Total Assets
- 8,286
- Total Debt
- 2,698
- Net Working Capital
- 1,025
- Contingent Liabilities
- 1,786
- Book Value per Share
- 135.64
- Face Value
- 1.00
- Total Debt
- 2,698
- Net Working Capital
- 1,025
- Contingent Liabilities
- 1,786
- Book Value per Share
- 135.64
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 41
- 2,505
- 1,376
- Trade Payables
- 1,370
- 2,919
- Total Liabilities
- 8,211
- 607
- Capital Work in Progress
- 1,141
- 79
- 3,566
- 0
- Cash & Bank
- 114
- 2,704
- Total Assets
- 8,211
- Total Debt
- 2,296
- Net Working Capital
- 953
- Contingent Liabilities
- 1,848
- Book Value per Share
- 60.80
- Face Value
- 1.00
- Total Debt
- 2,296
- Net Working Capital
- 953
- Contingent Liabilities
- 1,848
- Book Value per Share
- 60.80
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 47
- 2,273
- 1,513
- Trade Payables
- 1,210
- 2,845
- Total Liabilities
- 7,887
- 683
- Capital Work in Progress
- 679
- 68
- 3,630
- 0
- Cash & Bank
- 196
- 2,632
- Total Assets
- 7,887
- Total Debt
- 2,266
- Net Working Capital
- 1,613
- Contingent Liabilities
- 3,079
- Book Value per Share
- 48.22
- Face Value
- 1.00
- Total Debt
- 2,266
- Net Working Capital
- 1,613
- Contingent Liabilities
- 3,079
- Book Value per Share
- 48.22
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 48
- 2,336
- 1,501
- Trade Payables
- 1,324
- 3,107
- Total Liabilities
- 8,315
- 1,181
- Capital Work in Progress
- 283
- 82
- 3,591
- 0
- Cash & Bank
- 261
- 2,918
- Total Assets
- 8,315
- Total Debt
- 2,262
- Net Working Capital
- 1,555
- Contingent Liabilities
- 2,893
- Book Value per Share
- 48.47
- Face Value
- 1.00
- Total Debt
- 2,262
- Net Working Capital
- 1,555
- Contingent Liabilities
- 2,893
- Book Value per Share
- 48.47
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 77
- 2,811
- 1,208
- Trade Payables
- 1,504
- 3,102
- Total Liabilities
- 8,702
- 1,231
- Capital Work in Progress
- 294
- 135
- 3,676
- 0
- Cash & Bank
- 208
- 3,156
- Total Assets
- 8,702
- Total Debt
- 1,741
- Net Working Capital
- 1,509
- Contingent Liabilities
- 3,186
- Book Value per Share
- 36.42
- Face Value
- 1.00
- Total Debt
- 1,741
- Net Working Capital
- 1,509
- Contingent Liabilities
- 3,186
- Book Value per Share
- 36.42
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 77
- 3,076
- 1,218
- Trade Payables
- 1,864
- 2,715
- Total Liabilities
- 8,951
- 1,319
- Capital Work in Progress
- 233
- 155
- 3,792
- 554
- Cash & Bank
- 339
- 2,559
- Total Assets
- 8,951
- Total Debt
- 1,885
- Net Working Capital
- 1,898
- Contingent Liabilities
- 2,906
- Book Value per Share
- 39.64
- Face Value
- 1.00
- Total Debt
- 1,885
- Net Working Capital
- 1,898
- Contingent Liabilities
- 2,906
- Book Value per Share
- 39.64
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 84
- 3,700
- 1,110
- Trade Payables
- 2,118
- 2,710
- Total Liabilities
- 9,723
- 1,328
- Capital Work in Progress
- 171
- 181
- 4,387
- 754
- Cash & Bank
- 405
- 2,498
- Total Assets
- 9,723
- Total Debt
- 1,602
- Net Working Capital
- 2,364
- Contingent Liabilities
- 2,718
- Book Value per Share
- 44.10
- Face Value
- 1.00
- Total Debt
- 1,602
- Net Working Capital
- 2,364
- Contingent Liabilities
- 2,718
- Book Value per Share
- 44.10
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -48 | 567 | 403 | 836 | 407 | 389 | 514 | 702 | 688 | 363 | |
| Cash from Investing | 272 | -222 | 245 | -327 | -47 | 7 | -121 | -224 | -132 | -15 |
| Cash from Financing | -311 | -343 | -578 | -513 | -367 | -311 | -340 | -541 | -429 | -283 |
| -86 | 2 | 70 | -4 | -7 | 85 | 54 | -63 | 126 | 66 | |
| Free Cash Flow | -48 | 567 | 403 | 507 | 310 | 389 | 369 | 674 | 568 | 334 |
| OCF / Net Profit | 0.24 | -5.51 | 3.85 | 5.24 | 13.01 | -1.42 | 7.47 | 4.89 | 2.28 | 1.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,740 | 2,176 | 1,978 | 2,249 | 2,310 | 2,333 |
| OCF / Net Profit | 0.24 | -5.51 | 3.85 | 5.24 | 13.01 | -1.42 | 7.47 | 4.89 | 2.28 | 1.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,740 | 2,176 | 1,978 | 2,249 | 2,310 | 2,333 |
Mar 2016
- -48
- Cash from Investing
- 272
- Cash from Financing
- -311
- -86
- Free Cash Flow
- -48
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 0
Mar 2017
- 567
- Cash from Investing
- -222
- Cash from Financing
- -343
- 2
- Free Cash Flow
- 567
- OCF / Net Profit
- -5.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.51
- Cumulative 5-Year FCF
- 0
Mar 2018
- 403
- Cash from Investing
- 245
- Cash from Financing
- -578
- 70
- Free Cash Flow
- 403
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
Mar 2019
- 836
- Cash from Investing
- -327
- Cash from Financing
- -513
- -4
- Free Cash Flow
- 507
- OCF / Net Profit
- 5.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.24
- Cumulative 5-Year FCF
- 0
Mar 2020
- 407
- Cash from Investing
- -47
- Cash from Financing
- -367
- -7
- Free Cash Flow
- 310
- OCF / Net Profit
- 13.01
- Cumulative 5-Year FCF
- 1,740
- OCF / Net Profit
- 13.01
- Cumulative 5-Year FCF
- 1,740
Mar 2021
- 389
- Cash from Investing
- 7
- Cash from Financing
- -311
- 85
- Free Cash Flow
- 389
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 2,176
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 2,176
Mar 2022
- 514
- Cash from Investing
- -121
- Cash from Financing
- -340
- 54
- Free Cash Flow
- 369
- OCF / Net Profit
- 7.47
- Cumulative 5-Year FCF
- 1,978
- OCF / Net Profit
- 7.47
- Cumulative 5-Year FCF
- 1,978
Mar 2023
- 702
- Cash from Investing
- -224
- Cash from Financing
- -541
- -63
- Free Cash Flow
- 674
- OCF / Net Profit
- 4.89
- Cumulative 5-Year FCF
- 2,249
- OCF / Net Profit
- 4.89
- Cumulative 5-Year FCF
- 2,249
Mar 2024
- 688
- Cash from Investing
- -132
- Cash from Financing
- -429
- 126
- Free Cash Flow
- 568
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 2,310
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 2,310
Mar 2025
- 363
- Cash from Investing
- -15
- Cash from Financing
- -283
- 66
- Free Cash Flow
- 334
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 2,333
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 2,333
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -24.44 | -3.74 | 6.25 | 9.04 | 0.18 | -6.50 | 1.30 | 2.16 | 3.49 | 2.87 |
| Book Value (₹) | 217.79 | 133.91 | 135.05 | 135.64 | 60.80 | 48.22 | 48.47 | 36.42 | 39.64 | 44.10 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -12.28 | -1.06 | 6.77 | 8.52 | 2.10 | -3.80 | 2.77 | 2.81 | 4.99 | 3.84 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.12% | 18.47% | 19.66% | 24.21% | 13.95% | 18.81% | 18.95% | 18.09% | 15.38% | 15.55% |
| Net Margin % | -5.90% | -2.82% | 2.66% | 7.21% | 1.22% | -14.93% | 2.03% | 3.84% | 6.72% | 5.01% |
| ROE % | -11.12% | -5.45% | 4.92% | 7.33% | 1.32% | -11.55% | 3.02% | 5.59% | 10.25% | 6.96% |
| ROCE % | 5.47% | 7.18% | 9.59% | 11.53% | 6.58% | 1.24% | 11.69% | 13.01% | 16.13% | 12.61% |
| -2.10% | -1.08% | 1.23% | 2.02% | 0.38% | -3.39% | 0.85% | 1.69% | 3.42% | 2.53% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 59 | 38 | 23 | 39 | 40 | 76 | 53 | 52 | 43 | 51 |
| Inventory Days | 476 | 477 | 372 | 554 | 508 | 718 | 388 | 355 | 304 | 317 |
| Payable Days | -429 | -1371 | 215 | -2672 | -8218 | -2823 | 0 | -3422 | 0 | -1921 |
| 964 | 1886 | 180 | 3265 | 8766 | 3618 | 441 | 3828 | 347 | 2288 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 3.23x | 2.37x | 1.37x | 1.21x | 0.93x | 1.01x | 0.97x | 0.62x | 0.61x | 0.43x |
| Interest Coverage (x) | 0.64x | 0.88x | 1.19x | 1.55x | 1.21x | 0.14x | 1.27x | 1.44x | 2.12x | 2.01x |
| 1.26x | 1.18x | 1.27x | 1.27x | 1.24x | 1.46x | 1.41x | 1.41x | 1.47x | 1.57x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 15.69% | 9.85% | 7.66% | -43.81% | 15.63% | -28.48% | 85.85% | 10.09% | 19.98% | 5.07% |
| Operating Profit Growth % | -7.01% | 18.57% | 14.55% | -30.80% | -33.39% | -3.57% | 87.32% | 5.06% | 15.18% | 15.43% |
| Net Profit Growth % | -2128.25% | 47.56% | 201.85% | 52.13% | -80.36% | -971.89% | 125.24% | 108.64% | 109.88% | -21.70% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 61.36% | -17.78% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.33x | 13.63x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.44x | 0.89x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.64x | 5.00x |
Mar 2016
- EPS (₹)
- -24.44
- Book Value (₹)
- 217.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -12.28
- Operating Margin %
- 17.12%
- Net Margin %
- -5.90%
- ROE %
- -11.12%
- ROCE %
- 5.47%
- -2.10%
- Debtor Days
- 59
- Inventory Days
- 476
- Payable Days
- -429
- 964
- Debt to Equity (x)
- 3.23x
- Interest Coverage (x)
- 0.64x
- 1.26x
- Revenue Growth %
- 15.69%
- Operating Profit Growth %
- -7.01%
- Net Profit Growth %
- -2128.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -3.74
- Book Value (₹)
- 133.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.06
- Operating Margin %
- 18.47%
- Net Margin %
- -2.82%
- ROE %
- -5.45%
- ROCE %
- 7.18%
- -1.08%
- Debtor Days
- 38
- Inventory Days
- 477
- Payable Days
- -1371
- 1886
- Debt to Equity (x)
- 2.37x
- Interest Coverage (x)
- 0.88x
- 1.18x
- Revenue Growth %
- 9.85%
- Operating Profit Growth %
- 18.57%
- Net Profit Growth %
- 47.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 6.25
- Book Value (₹)
- 135.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.77
- Operating Margin %
- 19.66%
- Net Margin %
- 2.66%
- ROE %
- 4.92%
- ROCE %
- 9.59%
- 1.23%
- Debtor Days
- 23
- Inventory Days
- 372
- Payable Days
- 215
- 180
- Debt to Equity (x)
- 1.37x
- Interest Coverage (x)
- 1.19x
- 1.27x
- Revenue Growth %
- 7.66%
- Operating Profit Growth %
- 14.55%
- Net Profit Growth %
- 201.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 9.04
- Book Value (₹)
- 135.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.52
- Operating Margin %
- 24.21%
- Net Margin %
- 7.21%
- ROE %
- 7.33%
- ROCE %
- 11.53%
- 2.02%
- Debtor Days
- 39
- Inventory Days
- 554
- Payable Days
- -2672
- 3265
- Debt to Equity (x)
- 1.21x
- Interest Coverage (x)
- 1.55x
- 1.27x
- Revenue Growth %
- -43.81%
- Operating Profit Growth %
- -30.80%
- Net Profit Growth %
- 52.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.18
- Book Value (₹)
- 60.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.10
- Operating Margin %
- 13.95%
- Net Margin %
- 1.22%
- ROE %
- 1.32%
- ROCE %
- 6.58%
- 0.38%
- Debtor Days
- 40
- Inventory Days
- 508
- Payable Days
- -8218
- 8766
- Debt to Equity (x)
- 0.93x
- Interest Coverage (x)
- 1.21x
- 1.24x
- Revenue Growth %
- 15.63%
- Operating Profit Growth %
- -33.39%
- Net Profit Growth %
- -80.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -6.50
- Book Value (₹)
- 48.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.80
- Operating Margin %
- 18.81%
- Net Margin %
- -14.93%
- ROE %
- -11.55%
- ROCE %
- 1.24%
- -3.39%
- Debtor Days
- 76
- Inventory Days
- 718
- Payable Days
- -2823
- 3618
- Debt to Equity (x)
- 1.01x
- Interest Coverage (x)
- 0.14x
- 1.46x
- Revenue Growth %
- -28.48%
- Operating Profit Growth %
- -3.57%
- Net Profit Growth %
- -971.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.30
- Book Value (₹)
- 48.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.77
- Operating Margin %
- 18.95%
- Net Margin %
- 2.03%
- ROE %
- 3.02%
- ROCE %
- 11.69%
- 0.85%
- Debtor Days
- 53
- Inventory Days
- 388
- Payable Days
- 0
- 441
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 1.27x
- 1.41x
- Revenue Growth %
- 85.85%
- Operating Profit Growth %
- 87.32%
- Net Profit Growth %
- 125.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.16
- Book Value (₹)
- 36.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.81
- Operating Margin %
- 18.09%
- Net Margin %
- 3.84%
- ROE %
- 5.59%
- ROCE %
- 13.01%
- 1.69%
- Debtor Days
- 52
- Inventory Days
- 355
- Payable Days
- -3422
- 3828
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 1.44x
- 1.41x
- Revenue Growth %
- 10.09%
- Operating Profit Growth %
- 5.06%
- Net Profit Growth %
- 108.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.49
- Book Value (₹)
- 39.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.99
- Operating Margin %
- 15.38%
- Net Margin %
- 6.72%
- ROE %
- 10.25%
- ROCE %
- 16.13%
- 3.42%
- Debtor Days
- 43
- Inventory Days
- 304
- Payable Days
- 0
- 347
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 2.12x
- 1.47x
- Revenue Growth %
- 19.98%
- Operating Profit Growth %
- 15.18%
- Net Profit Growth %
- 109.88%
- 61.36%
- P/E (x)
- 16.33x
- P/B (x)
- 1.44x
- Dividend Yield %
- 0.00%
- 7.64x
Mar 2025
- EPS (₹)
- 2.87
- Book Value (₹)
- 44.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.84
- Operating Margin %
- 15.55%
- Net Margin %
- 5.01%
- ROE %
- 6.96%
- ROCE %
- 12.61%
- 2.53%
- Debtor Days
- 51
- Inventory Days
- 317
- Payable Days
- -1921
- 2288
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 2.01x
- 1.57x
- Revenue Growth %
- 5.07%
- Operating Profit Growth %
- 15.43%
- Net Profit Growth %
- -21.70%
- -17.78%
- P/E (x)
- 13.63x
- P/B (x)
- 0.89x
- Dividend Yield %
- 0.00%
- 5.00x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Patel Engineering Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-11 - Patel Engineering Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-06-03 - Patel Engineering Limited has informed the Exchange about Credit Rating- Revision
Concalls
Aug 2026
May 2026
Feb 2026