- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Patel Engineering reported strong Q1-FY27 results. Revenue from operations grew 3.8% YoY to ₹1,280.7 Cr. Operating EBITDA rose 8.7% YoY to ₹179.6 Cr, with margins at 14.02%. Net Profit (PAT) jumped 24.5% YoY to ₹93.5 Cr, and Diluted EPS increased to ₹0.94/share. The total order book is robust at ₹14,635.6 Cr, with hydroelectric projects forming the largest share.
Strategically, the company is focusing on high entry-barrier segments like hydropower and tunneling, emphasizing technology-driven execution and disciplined project selection. Recent milestones include commissioning Unit 4 at Subansiri Hydropower, exceeding 50% dam work at Kwar, and starting construction for Dorjilung in Bhutan. The company also monetized a non-core asset for ₹25.6 Cr and saw its long-term credit rating upgraded.
Management anticipates capitalizing on India’s infrastructure and hydroelectric capital expenditure cycle, projecting significant EPC opportunities in hydropower (25+ GW) and pumped storage (75+ GW) by 2035-36, driven by rising energy demand and government support.