Patel Engineering Ltd

The mandates have been awarded by Saidax Engineers and Infrastructure for work carried out on behalf of South Eastern Coalfields. The combined project value stands at Rs 798.19 crore. The scope covers overburden removal, rehandling, coal cutting with surface miners, loading and transportation of coal and the hiring and maintenance of all required equipment, staff and labour. The execution period is nine years. The company confirmed that the orders are from a domestic entity and do not fall under related-party transactions. Managing director Kavita Shirvaikar said: These new projects represents a natural extension of the large-scale infrastructure works we undertake and also open up new avenues. Importantly, these works come in addition to a robust tender pipeline of more than Rs 34,000 crore already bid and under evaluation, as well as further opportunities worth Rs 18,000 crore expected to come up for bidding before the end of this financial year. Looking ahead, nearly Rs 1 lakh crore of projects are anticipated to come up for bidding over the next one to two years in the core areas that we operate. With these opportunities, we are confident that our order book will grow substantially in the coming year and beyond. Patel Engineering operates in the hydropower, tunneling and irrigation segments. The company has executed projects in India and overseas, including more than 85 dams, 40 hydroelectric projects and over 300 km of tunneling for central PSUs and state government agencies. On a consolidated basis, net profit of Patel Engineering declined 2.72% to Rs 71.05 crore while net sales rose 2.91% to Rs 1208.47 crore in Q2 September 2025 over Q2 September 2024. Powered by Capital Market - Live

Ganesh Housing Ltd, Gujarat Mineral Development Corporation Ltd, Tejas Networks Ltd and Ashok Leyland Ltd are among the other gainers in the BSE's 'A' group today, 27 November 2025.Patel Engineering Ltd soared 13.66% to Rs 37.69 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 114.5 lakh shares were traded on the counter so far as against the average daily volumes of 1.69 lakh shares in the past one month. Ganesh Housing Ltd spiked 8.87% to Rs 873.55. The stock was the second biggest gainer in 'A' group. On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 3129 shares in the past one month. Gujarat Mineral Development Corporation Ltd surged 8.16% to Rs 570.5. The stock was the third biggest gainer in 'A' group. On the BSE, 22.59 lakh shares were traded on the counter so far as against the average daily volumes of 2.3 lakh shares in the past one month. Tejas Networks Ltd exploded 5.96% to Rs 510. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.06 lakh shares were traded on the counter so far as against the average daily volumes of 75613 shares in the past one month. Ashok Leyland Ltd added 5.40% to Rs 157. The stock was the fifth biggest gainer in 'A' group. On the BSE, 66.37 lakh shares were traded on the counter so far as against the average daily volumes of 10 lakh shares in the past one month. Powered by Capital Market - Live

Patel Engineering will hold a meeting of the Board of Directors of the Company on 28 November 2025.Powered by Capital Market - Live

Net profit of Patel Engineering declined 2.72% to Rs 71.05 crore in the quarter ended September 2025 as against Rs 73.04 crore during the previous quarter ended September 2024. Sales rose 2.91% to Rs 1208.47 crore in the quarter ended September 2025 as against Rs 1174.33 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1208.471174.33 3 OPM %13.1313.81 - PBDT145.84139.55 5 PBT119.64115.83 3 NP71.0573.04 -3 Powered by Capital Market - Live

Patel Engineering will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

The board of Patel Engineering at its meeting held on 12 September 2025 has appointed R V R Kishore (DIN: 07402969), as an Additional and Whole time Director effective from 22 September 2025 for a period of three (3) years. Powered by Capital Market - Live

Patel Engineering has allotted 9000 Senior, Secured, Rated, Listed and Transferable Non-Convertible Debentures having a face value of Rs 1,00,000 each, aggregating upto Rs 90 crore through private placement.Powered by Capital Market - Live

Patel Engineering announced that the Annual General Meeting(AGM) of the company will be held on 12 September 2025.Powered by Capital Market - Live

Revenue from operations stood at Rs 1,233.45 crore in Q1 FY26, marking an 11.96% year-on-year (YoY) growth. Profit before tax (PBT) jumped 26.53% to Rs 105.35 crore in Q1 FY26, compared to Rs 83.26 crore reported in the corresponding quarter of the previous year. Operating EBITDA declined 1.96% YoY to Rs 165.33 crore in Q1 FY26. The operating EBITDA margin stood at 13.40% in Q1 FY26, down from 15.31% in Q1 FY25. The company's order book as of 30 June 2025 stands at Rs 16,285 crore. Kavita Shirvaikar, MD said 'Our performance in Q1 FY26 illustrates the company's ability to drive consistent growth while enhancing operational efficiency. With a track record of executing over 350 projects, including several marquee assignments, our execution capabilities have matured significantly, contributing to our strong financial performance. With sectoral tailwinds and favorable paradigm shift in broader macroeconomic factors, we have successfully secured orders worth around Rs 2,250 crore during the quarter and closed with a robust order book of Rs. 16,285 Crores as of June 30th, 2025. Looking ahead, we are encouraged by the government's continued emphasis on renewable energy and reducing carbon emissions. This reinforces our positive outlook for the sector. We remain confident that our execution strength, combined with sectoral tailwinds, will enable us to grow sustainably and deliver long-term value to all our stakeholders'. Rahul Agrawal, CFO said 'Our results for Q1 FY26 reflect strong financial performance, characterized by substantial improvements in revenue and net profit, driven by continued discipline in cost management and prudent debt control. Accordingly, the EPS for the quarter has significantly improved from 0.65 in Q1 FY25 to 0.92 in Q1 FY26. As we look ahead, we remain focused on disciplined capital allocation, maintaining financial rigor, and aligning our investment strategy with long-term shareholder value creation. Our resilient financial foundation and solid order pipeline provide the confidence and capacity to support the next phase of operational expansion and sustainable growth. Patel Engineering is a 76-year-old company, established in 1949, that has evolved into a leading construction firm specializing in the hydropower and irrigation sectors. The company is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures, and other types of heavy civil engineering works. It has executed a wide range of infrastructure projects in technology-intensive areas such as hydropower, irrigation and water supply, urban infrastructure, and transportation'particularly in tunnels and underground works for hydroelectric and transportation projects'primarily serving as a civil contractor. Powered by Capital Market - Live

Net profit of Patel Engineering rose 51.32% to Rs 80.94 crore in the quarter ended June 2025 as against Rs 53.49 crore during the previous quarter ended June 2024. Sales rose 11.96% to Rs 1233.45 crore in the quarter ended June 2025 as against Rs 1101.66 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1233.451101.66 12 OPM %13.4015.31 - PBDT130.79109.17 20 PBT105.3583.26 27 NP80.9453.49 51 Powered by Capital Market - Live