Patel Engineering
- Market cap
- ₹ 2,220 Cr.
- P/E
- 5.7x
- P/B
- 0.52x
- 52-week range
- 22 – 37.43
- ROE
- 10%
- ROCE
- 14%
- Dividend yield
- 0%
- Debt / equity
- 0.27
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
Patel Engineering Limited is an India-based infrastructure and construction services company, which is engaged in civil engineering and construction of hydro projects, dams, tunnels, roads, railways. It is also involved in real estate activities with owned or leased property. Its power, dams and tunnel projects include Kiru HEP Project, Jammu and Kashmir (J&K), IRCON T15 in J&K, KRCL Tunnel T-2 in J&K, Arun-3 HEP Project, Nepal, Kundah Package I & II, Tamil Nadu and Parnai H.E. Project, J&K. Its irrigation projects include Sleemanabad Carrier Canal, Madhya Pradesh, Jigaon Lift Irrigation, Maharashtra, Suthaliya Irrigation Project, Madhya Pradesh and Parbati Irrigation Project, Madhya Pradesh. Its urban infrastructure and roads include Shivane to Mhatre bridge, Amarmahal to Trombay Tunnel, Hindoli - Nainwa Water Supply Project, RVNL Project, PGRW Tunnel. Its subsidiaries include Zeus Minerals Trading Pvt. Ltd., Friends Nirman Pvt. Ltd., and Patel Lands Ltd.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →Patel Engineering against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.7 against a typical 14.4: cheaper than most peers (1st = cheapest).21st of 181
- Sales growth+3.9% against a typical +8.6% from a year earlier.85th of 147
- Profit growth+21% against a typical 0% from a year earlier.47th of 130
- Share price, 3 months−16.7% against a typical −13.2%.94th of 164
- Size₹ 2,219.6 Cr. market value against a typical ₹ 148 Cr. (1st = largest).26th of 156
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A to A- by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND A- | Positive | 2 Jul 2026 |
| Infomerics | IVR A | Stable | 5 Jun 2026 |
| Acuite | ACUITE A- | Stable | 23 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jul 2026 | Rating action | IND A- | — | India Ratings | ₹ 7,700 Cr. | |
| 5 Jun 2026 | ▲ Upgrade | IVR A | — | Infomerics | ₹ 6,282.79 Cr. | |
| 23 Dec 2025 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 6,459.49 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 28 Nov 2025 | Fund Raising | To consider Fund Raising, discuss and decide various matters in connection with the Rights Issue, including but not limited to the specific terms of the Rights Issue, such as the determination of the Rights Issue price and related payment mechanism, rights entitlement ratio |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,021 | 1,061 | 1,343 | 1,102 | 1,174 | 1,206 | 1,612 | 1,233 | 1,208 | 1,239 | 1,421 | 1,281 |
| Expenses | 881 | 919 | 1,106 | 933 | 1,012 | 1,022 | 1,394 | 1,068 | 1,050 | 1,095 | 1,206 | 1,101 |
| Operating Profit | 140 | 142 | 238 | 169 | 162 | 184 | 218 | 165 | 159 | 145 | 215 | 180 |
| OPM % | 14% | 13% | 18% | 15% | 14% | 15% | 14% | 13% | 13% | 12% | 15% | 14% |
| Other Income | 24 | 52 | 75 | 25 | 42 | 10 | −62 | 39 | 32 | −14 | −53 | 25 |
| Interest | 92 | 89 | 93 | 84 | 79 | 80 | 79 | 73 | 76 | 68 | 79 | 62 |
| Depreciation | 23 | 23 | 29 | 26 | 24 | 24 | 26 | 25 | 26 | 26 | 26 | 26 |
| Profit before tax | 49 | 82 | 190 | 83 | 101 | 89 | 52 | 105 | 89 | 37 | 57 | 117 |
| Tax % | 22% | 16% | 26% | 43% | 27% | 10% | 33% | 24% | 27% | −153% | 44% | 21% |
| Net Profit | 38 | 69 | 140 | 55 | 73 | 82 | 38 | 81 | 73 | 72 | 44 | 98 |
| EPS in Rs | 0.41 | 0.76 | 1.38 | 0.54 | 0.74 | 0.8 | 0.36 | 0.78 | 0.72 | 0.71 | 0.42 | 0.98 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- 21%
- 3 Years
- 9%
- TTM
- −1%
- 10 Years
- 21%
- 5 Years
- 49%
- 3 Years
- 30%
- TTM
- 4%
- 10 Years
- −1%
- 5 Years
- 15%
- 3 Years
- −19%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 8%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Patel Engineering | ₹ 23.33 | ₹ 2,220 Cr. | 5.7x | 0.5x | 10% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Rahul Agarwal
- Chief Financial Officer
- Shobha Ranjit Shetty
- Compliance Officer, Company Secretary
- Kavita Shirvaikar
- Managing Director, Executive Director
- Kishan Lal Daga
- Whole Time Director
- K. V. R Kishore
- Additional Whole time Director
Prices are delayed and for information only. Nothing on this page is investment advice.