Patel Engineering Ltd. announced robust financial results for the quarter and nine months ending December 31, 2025. For 9M FY26, Revenue grew by 5.74%, and Net Profit increased by 6.51% year-over-year. Key highlights include securing a ₹1,700 Crore hydropower project in Arunachal Pradesh and successfully raising ₹400 Cr via a rights issue to support future growth.
Patel Engineering Q3 & 9M FY26 Financial Performance
Patel Engineering Limited announced its limited reviewed financial results for the period ending December 31, 2025, showcasing continued strong operational execution. The company reported that the Order Book as of this date stands robustly at Rs 15,123 Cr.
Q3 FY26 Consolidated Snapshot (Year-over-Year)
- Revenue from Operations: Rs. 1,239 Cr (a growth of 2.81%).
- Operating EBITDA: Rs. 145 Cr, achieving a margin of 11.68%.
- Net Profit: Rs. 71 Cr, with a margin of 5.69%.
9M FY26 Consolidated Snapshot (Year-over-Year)
- Revenue from Operations: Rs. 3,681 Cr, reflecting a growth of 5.74%.
- Operating EBITDA: Rs. 469 Cr, achieving a margin of 12.73%.
- Net Profit: Rs. 223 Cr, representing a margin of 6.06%, up 6.51% Y-o-Y.
Key Strategic Achievements
Management highlighted several critical developments during the quarter that position the company for future expansion and financial stability.
New Hydropower Development: Patel Engineering signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh to develop the 144 MW Gongri Hydropower project in West Kameng. This project is valued at approximately Rs. 1700 Crores and will be developed on a BOOT basis with a 40-year lease and an estimated four-year implementation timeline.
Capital Infusion: The company successfully completed a rights issue, raising approximately Rs. 400 Cr. This infusion is intended to strengthen the balance sheet, provide additional financial flexibility, and support ongoing project execution.
Executive Commentary on Performance
Ms. Kavita Shirvaikar, MD, noted that the results reflect an improving financial performance and a disciplined approach to achieving top-line growth while maintaining profitability. A key operational success was the TBM breakthrough at the CIDCO TWT-II project, achieving a National Record by completing 812 meters of tunneling in January 2026 alone, more than four months ahead of schedule.
Mr. Rahul Agrawal, CFO, emphasized the steady performance supported by stable operations. He confirmed that the rights issue proceeds should support future strategic growth initiatives, particularly in hydropower and sustainable development projects, ensuring measured and sustainable growth.
Source: BSE
