Patel Engineering Limited has announced its financial performance for the quarter and fiscal year ended March 31, 2026. The company reported consolidated revenue of INR 51,027 Mn for FY26 and a solid total order book of INR 1,51,193 Mn. With 53 ongoing projects and a diversified portfolio, the company continues to solidify its leadership in India’s hydropower and underground infrastructure segments, benefiting from a strong pipeline of government-led capital expenditure initiatives.
FY26 Financial Performance
For the financial year ended March 31, 2026, Patel Engineering reported a consolidated revenue from operations of INR 51,027 Mn. The company achieved an EBITDA of INR 6,840 Mn with an EBITDA margin of 13.40%. Net profit attributable to owners of the parent grew by 21.6% YoY to reach INR 2,945 Mn, demonstrating the company’s focus on operational efficiency and financial discipline. The diluted EPS for the year stood at INR 2.84.
Strategic Project Execution
The company continues to make significant strides in its core segments, particularly hydropower and tunneling. A major highlight during the fiscal year was the Subansiri Hydropower Project, where 4 out of 8 units are now operational, contributing 1,000 MW of clean energy. Furthermore, the CIDCO Water Tunnel Project achieved a national benchmark with 812 meters of tunneling in a single month during January 2026, marking a significant technical achievement ahead of schedule.
Strong Order Book and Outlook
As of March 31, 2026, the company holds a massive order book valued at INR 1,51,193 Mn. This total comprises 53 ongoing projects across 14 states in India, alongside international operations in Nepal and Bhutan. Hydropower remains the dominant segment, accounting for 62.66% of the total order book. With a Debt/Equity ratio of 0.27 and a consistent credit rating upgrade to A-, Patel Engineering is well-positioned to capitalize on the sustained investment in India’s infrastructure and green energy sectors.
Source: BSE
