Investor Presentation

November 5, 2026 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 Company Code No. 531120 Company Code: PATELENG Dear Sir/Mam, Subject: Submission of Investor/ Analysts Presentation Please find enclosed herewith the Investor/ Analysts presentation on the Financial Results of Patel Engineering Limited for the quarter and half year ended September 30, 2026. This presentation is being submitted in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The same is also being made available on the Company’s website www.pateleng.com You are requested to take the same in your records. Thanking you, Yours truly, For Patel Engineering Ltd. Shobha Shetty Company Secretary and Compliance Officer Membership No. F10047 Encl: As above Patel Engineering Limited INVESTOR PRESENTATION April, 2026 INVESTOR PRESENTATION Q2/H1-FY27 Snapshot 75 + 350+ INR 1,35,464 Mn Years of Industry Projects Executed Total Order Book Presence 87+ 300+ 15,000+ Dams Constructed KM Tunnels MW Hydro Project 52 5.5+ States – Domestic Ongoing Projects Lakh Acres Irrigated Presence 2.72 2 1,200+ Book-to-Bill Nepal & Bhutan – KM of Roads (Q2/H1 FY27) International Presence Developed Investor Presentation 2 Q2/H1-FY27 PERFORMANCE Key Financials and Operational Highlights Q2-FY27 Consolidated Performance Q2 FY27 – Key Highlights Revenue from OP. EBITDA OP. EBITDA Margin Achieved successful breakthrough of ~12 km irrigation tunnel at Operations the Sleemanabad project using a 10m dia. TBM INR 12,107 Mn INR 1,503 Mn 12.41% 0.2% YoY (5.3)% YoY (72) Bps YoY Subansiri Hydropower Project reaches 1,250 MW operational capacity with the recent commissioning of unit 5, and works for PAT# PAT Margin # Diluted EPS units 7 and 8 progressing at a steady pace INR 833 Mn 6.88% INR 0.82/Share Kiru Hydropower Power achieved 12 lakh cubic meters of dam 7.8% YoY 48 Bps YoY 5.1% YoY concreting works out of a total of 12.50 lakh cubic meters H1-FY27 Consolidated Performance Kwar Hydropower Power achieved 4 lakh cubic meters of dam concreting works out of a total 7.50 lakh cubic meters Revenue from OP. EBITDA OP. EBITDA Margin Operations Non-Core Asset Monetization: Executed the transfer of our entire INR 24,914 Mn INR 3,299 Mn 13.24% 32% equity stake in ACP Tollways Pvt Ltd., an associate company 2.0% YoY 1.8% YoY (3) Bps YoY for a cash consideration of INR 550 Mn. PAT# PAT Margin # Diluted EPS INR 1,767 Mn 7.09% INR 1.75/Share 15.9% YoY 85 Bps YoY 4.8% YoY Note: #PAT includes Other Comprehensive Income and is adjusted for Non-Controlling Interest, representing Net Profit attributable to Owners of the Parent. Investor Presentation 4 Key Operational Updates – Q2 FY27 (1/2) SubansiriLower Hydropower Project Commencement of Wet Commissioning of Unit 7 - Commencement of Machine Hall Floor and Unit 8 - Commencement of Turbine Floor and Unit 5 (250 MW) Generator Floor concreting works Generator Floor concreting works Sleemanabad Carrier Canal Project Achieved successful breakthrough of the ~12 km long Shri Mohan Yadav, Hon’ble Chief Minister of Madhya Achieved 8.9 Million Safe Man Hours at the project irrigation tunnel project using TBM Machine Pradesh, visited project site and reviewed progress Investor Presentation 5 Key Operational Updates – Q2 FY27 (2/2) Kiru Hydropower Project 12 lakh cubic meters of dam concreting achieved out Advancing toward Dam completion with the Power House slab concreting works complete of a total target of 12.50 lakh cubic meters commencement of Deck Slab concreting works following the final pour at Unit-4’s service floor Kwar Hydropower Project Excavation Completed for all 4 Power House units. 4 lakh cubic meters of dam concreting achieved out TRT Outlet Bridge Inaugurated & Commencement of Unit 2 & 3 Raft Concreting completed and wall of a total target of 7.50 lakh cubic meters the Draft Tube erection works. concreting in progress Investor Presentation 6 Awards & Accolades Maharashtra’s Best Employer Brand 18th IEI Industry Excellence Award 2026 (Gold): Awards 2026 Construction Engineering Organizations Hydro Vibhushan Award: Kavita Shirvaikar, Best Hydropower EPC Enterprise of INDIA-18th INDIA Hydropower’s First Woman Business Leader Hydro & PSPs Awards 2026 Investor Presentation 7 Order Intake & Order Backlog Order Intake (At the end of each year, Values in INR. Mn) H1-FY27 Segmental Order Intake – INR 645 Mn 50000 44,009 45000 40,742 40000 35000 30000 25000 20000 15000 10000 5000 1,112 645 Irrigation, 100.00% FY24 FY25 FY26 H1-FY27 Order backlog (At the end of each year, Values in INR. Mn) H1-FY27 Segmental Order backlog – INR 1,35,464 Mn Urban Infrastructure & 200000 Others, 16.70% 1,86,630 190000 1,75,850 180000 Road, 1.61% 170000 160000 1,50,115 1,52,176 1,51,193 Tunnel, 3.57% 150000 1,35,464 140000 130000 Irrigation, 120000 14.48% 110000 Hydroelectric, 63.64% 100000 FY22 FY23 FY24 FY25 FY26 H1-FY27 Investor Presentation 8 Total Order Book Segment Wise Order Book Client Wise Order Book Project Completion Status 5.89% 3.56% 2.91% 15.85% 16.70% 1.61% 3.57% 41.15% 28.80% 16.36% 14.48% 62.40% 63.64% 17.75% 5.33% Hydroelectric Irrigation Central Government / PSU’s State Government Below 10% 10% - 30% 30% - 50% Tunnel Road International Others 50% - 70% 70% - 90% 90% - 100% Urban Infrastructure & Others No. of Order Book No. of Order Book Completion Order Book Value Segment Segment No. of Projects Projects Value (Mn) Projects Value (Mn) Stage (Mn) Hydroelectric 18 86,204 Below 10% 8 55,741 Central Government / 17 84,531 Irrigation 20 19,620 PSU’s 10% - 30% 4 7,219 Tunnel 4 4,839 State Government 31 39,014 30% - 50% 4 24,046 Road 5 2,180 50% - 70% 9 22,165 International 2 3,937 Urban 70% - 90% 18 21,472 Infrastructure & 5 22,621 Others 2 7,982 Others 90% - 100% 9 4,821 Total 52 1,35,464 Total 52 1,35,464 Total 52 1,35,464 Investor Presentation 9 Geographical Presence & Order Book Split 52 Ongoing Projects spread across 14 states domestically and also International presence in Nepal and Bhutan with a total project value Jammu and Kashmir of INR 1,35,464 Mn Domestic Himachal Pradesh Arunachal Sr.No. State No. of Projects Project Value (INR Mn.) Pradesh 1 Jammu and Kashmir 5 25,119 2 Arunachal Pradesh 3 24,291 Sikkim Nepal 3 Maharashtra 15 21,278 Bhutan 4 Himachal Pradesh 4 21,145 Rajasthan Assam Nagaland 5 Madhya Pradesh 10 19,869 Bihar 6 Sikkim 2 9,583 West 7 Karnataka 3 2,429 Madhya Pradesh Bengal 8 Assam and Arunachal Pradesh 1 1,784 9 Nagaland 1 1,754 9 West Bengal & Sikkim 1 1,457 Maharashtra 10 Rajasthan 1 1,338 11 Tamil Nadu 2 774 Telangana 13 Bihar 1 498 14 Telangana 1 207 Total 50 1,31,526 Karnataka International Tamilnadu Sr.No. Country No. of Projects Project Value (INR Mn.) 1 Bhutan 1 2,136 2 Nepal 1 1,802 Total 2 3,938 Investor Presentation 10 Quarterly Consolidated Income Statement Particulars (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q Revenue From Operations 12,107 12,085 0.2% 12,807 (5.5)% Total Expenses 10,604 10,498 1.0% 11,011 (3.7)% Operating EBITDA 1,503 1,587 (5.3)% 1,796 (16.3)% EBITDA Margins (%) 12.41% 13.13% (72) Bps 14.02% (161) Bps Depreciation and Amortization 248 262 (5.3)% 265 (6.4)% Finance Costs 660 760 (13.2)% 618 6.8% Other Income 477 632 (24.4)% 254 87.8% Profit Before Exceptional Items And Tax 1,072 1,196 (10.4)% 1,168 (8.2)% Exceptional Item - (309) NA - NA PBT 1,072 887 20.9% 1,168 (8.2)% Tax 199 240 (17.1)% 248 (19.8)% PAT 873 647 34.9% 920 (5.1)% PAT Margins (%) 7.21% 5.36% 186 Bps 7.18% 3 Bps Share in Profit / (Loss) In Associates (Net) (4) 83 NA 65 NA PAT (Incl. Share of Associates/JV) 869 730 19.0% 985 (11.8)% Other Comprehensive Income (25) 63 NA (35) 28.6% Non Controlling Interest 11 20 (45.0)% 15 (26.7)% Net Profit for Owners of Parent 833 773 7.8% 935 (10.9)% Diluted EPS 0.82 0.78 5.1% 0.94 (12.8)% Investor Presentation 11 Half Yearly Consolidated Inco [Showing first 8,000 characters — download PDF for full document]