Patel Engineering Limited has released its investor presentation for the first quarter of FY27, highlighting a consolidated revenue of INR 12,807 million, a 3.8% year-on-year increase. The company also reported a PAT (Profit After Tax) of INR 935 million, marking a substantial 24.5% YoY growth. Key operational updates include significant progress in hydropower projects and strategic asset monetization.
Patel Engineering Q1 FY27 Performance Highlights
Patel Engineering Limited (PEL) has presented its financial and operational performance for the first quarter ending June 30, 2026 (Q1-FY27). The company has reported a consolidated revenue from operations of INR 12,807 million, reflecting a 3.8% increase compared to the same period last year. Operating EBITDA stood at INR 1,796 million, up 8.7% YoY, with an EBITDA margin of 14.02%.
Profitability and Key Financials
Profit After Tax (PAT) for the quarter was INR 935 million, a notable 24.5% year-on-year growth. The PAT margin improved to 7.30%, and diluted EPS was reported at INR 0.94 per share. The company also highlighted a credit rating upgrade from A- to A in June 2026, underscoring its strengthened financial stability.
Operational Milestones and Strategic Updates
Key operational achievements for Q1-FY27 include the Subansiri Lower Hydropower Project reaching 1,000 MW operational capacity. Significant progress was also noted at the Kwar Hydropower Project, with dam concrete works crossing 50% completion. The company also reported the commencement of construction at the Dorjilung Hydropower Project in Bhutan and recognized achievements at the EPC World Awards and Assocham Achievers Awards.
Furthermore, Patel Engineering executed strategic monetization via the sale of a 27-acre land asset, unlocking INR 256 million in value during the quarter. The company’s total order book stands at INR 1,46,356 million, with 53 ongoing projects across 14 states in India and an international presence in Nepal and Bhutan.
Source: BSE
