Patel Engineering Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Patel Engineering reported Q1 FY27 consolidated revenue of Rs 1,281 crores, up about 4% year-on-year, while profit after tax rose 24.5% to Rs 93.5 crores on lower finance costs and steady EBITDA margins. Management described a consolidated order book of Rs 14,636 crores along with Rs 9,000 crores of bids under evaluation and an identified pipeline of about Rs 60,000 crores. Management also detailed execution progress at Subansiri, Kiru and Kwar, Parnai, Dorjilung and the Sleemanabad tunnel, and noted a credit rating upgrade during the quarter.
Patel Engineering reported FY26 consolidated revenue of Rs 5,102 crore, operating EBITDA of Rs 684 crore at a 13.41% margin, and profit after tax of Rs 294 crore, up 21% year-on-year. The company secured new orders worth around Rs 4,400 crore during the year, closing FY26 with an order book of Rs 15,119 crore dominated by hydropower projects. Management also reported gross debt reduction of about Rs 458 crore during the year, aided by a rights issue and asset monetization of approximately Rs 185 crore.