BSECompany Update4d ago · 10 Aug 2026, 02:19 pm
Press Release on the performance for the quarter ended June 30, 2026
Patel Engineering Ltd-$ · 531120
✦ AI Summary▲ PositiveResults
Patel Engineering Limited reported a strong performance in Q1 FY27 with a 24.49% year-on-year increase in net profit, driven by disciplined project execution, operational efficiencies, and a robust order book. The company's consolidated revenue from operations grew 3.83% YoY, and its operating EBITDA margin improved to 14.02%. The order book as of June 30, 2026, stood at ₹14,636 crore, providing strong revenue visibility across key infrastructure sectors.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Patel Engineering Ltd-$ - 531120 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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CIN: L99999MH1949PLC007039
August 10, 2026
Bombay Stock Exchange Ltd., The National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra - Kurla Complex,
Mumbai – 400001 Mumbai – 400051
BSE Scrip Code: 531120 NSE Symbol: PATELENG
Dear Sirs,
Sub: Press Release on the performance for the quarter ended June 30, 2026
Please find enclosed herewith a press release with respect to the aforementioned
subject for your information and record.
Thanking you,
Yours truly,
For Patel Engineering Ltd.
Shobha Shetty
Company Secretary and Compliance Officer
Membership No. F10047
Encl: As above
REGD. OFFICE:
Patel Estate Road, Jogeshwari (W), Mumbai – 400 102. India
Phone +91 22 26767500, 26782916 Fax +91 22 26782455, 26781505
Email headoffice@pateleng.comWebsite: www.pateleng.com
Patel Engineering Limited Reports Strong Performance in Q1 FY27
• Q1 FY27 Net Profit Up by 24.49% Y-o-Y
Mumbai, 10th August, 2026 – Patel Engineering Limited (NSE: PATELENG & BSE: 531120), a
leading infrastructure and construction services company in India, today announced its
unaudited financial results for the quarter ended 30th June 2026. The Company delivered a
steady performance during the quarter, underpinned by disciplined execution across its
projects, operational efficiencies, and a robust order book that continues to provide strong
revenue visibility.
Q1 FY27 Consolidated Financial Performance Snapshot (Y-o-Y)
• Consolidated Revenue from Operations for Q1 FY27 stood at ₹1,280.74 crore as
against ₹1,233.45 crore in Q1 FY26, registering a growth of 3.83% on a year-on-year
basis.
• Consolidated Operating EBITDA for Q1 FY27 stood at ₹179.60 crore with a margin of
14.02% as against ₹165.33 crore in Q1 FY26.
• Q1 FY27 Consolidated Net Profit (attributable to Owners of the Parent) up 24.49%
Y-o-Y at ₹93.48 crore with a margin of 7.30% as against ₹75.09 crore in Q1 FY26.
Key Operational Highlights for the Quarter
• Order book as on 30th June 2026 stood at ₹14,636 crore, providing strong revenue
visibility across key infrastructure sectors.
• Subansiri Lower Hydropower Project reaches 1,000 MW operational capacity with
commissioning of Unit 4 and commencement of concreting works for Unit 7.
• Kwar Hydropower Project Dam concrete works cross 50% completion.
• Construction begins at 1,125 MW Dorjilung Hydropower Project in Bhutan.
• Recognition received at EPC World Awards for Sela Tunnel Project and at Assocham
Achievers Awards for Tunnel T 15 Project.
• Long-term credit rating has been upgraded from A- to A in June 2026, reflecting
strengthened financial stability.
Commenting on the results, Ms. Kavita Shirvaikar, Managing Director, Patel Engineering
Limited, said:
"Our financial performance demonstrates the continued benefits of disciplined project
execution and prudent cost management. We remain focused on improving execution
efficiency, maintaining healthy liquidity and further strengthening our core capabilities. These
initiatives provide us with the flexibility to pursue quality growth opportunities while creating
long-term value for all stakeholders."
About Patel Engineering Limited
Patel Engineering Limited ("PEL" or the "Company") is a 77-year-old company established in
1949 and has evolved into one of India's leading infrastructure and construction companies,
specializing in hydropower and irrigation projects. The Company is engaged in the
construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other
heavy civil engineering projects. Over the decades, PEL has executed several complex
infrastructure projects across technology-intensive sectors, including hydropower, irrigation
and water supply, urban infrastructure, and transportation, with particular expertise in
tunnelling and underground works for hydroelectric and transportation projects.