Patel Engineering Ltd (PATELENG) Share Price & Fundamentals

What we do

Patel Engineering Ltd is a leading Indian civil engineering company specializing in hydropower, tunneling, infrastructure, and urban development projects in India and abroad.

Founded in

1,949

Market share

Strong presence in India's hydroelectric and tunneling sectors, with over 350 completed projects and a large order book.

Problem solved

Provides critical infrastructure solutions for power generation, transportation, irrigation, and urban development to support economic growth and sustainable energy.

Top clients or who we serve

Services government bodies, PSUs, and private sectors in infrastructure, hydropower, tunneling, roads, and real estate (B2G and B2B).

Key management

Kavita Shirvaikar (Managing Director), Kishan Lal Daga (Whole Time Director), plus a board with experienced professionals from IIT, ICWA, and top finance/legal backgrounds.

Our journey and innovations

Established in 1949, pioneering in Roller Compacted Concrete dams, expanding internationally, notable projects include India’s longest tunnels, and strategic hydroelectric developments.

Where we operate

Primarily India across 14 states, with international projects and subsidiaries in the USA, Nepal, and Mauritius.

Top products or what we offer

Engineering, procurement, and construction (EPC) services in hydropower, tunnels, roads, urban infrastructure, irrigation, and real estate development.

Top brands

Flagship projects include Subansiri Hydropower Project, Kiru and Kwar Hydro Power Projects, and Smondo Gachibowli residential development.

Raw materials needed

Steel, cement, concrete, specialized tunneling and construction equipment, construction materials, and electrical components.

Raw materials supplier

Major industrial suppliers in India and imported specialized equipment from global vendors.

Recurring vs cyclical contribution

Predominantly cyclical project-based revenue with some recurring income from operational annuities in roads and hydro projects.

Our industry position

One of India's leaders in hydro and civil infrastructure engineering with a diversified order book over Rs 1.5 lakh crore, strong government client base.

Financial highlights

FY25 revenue approx Rs. 52,600 million, net profit approx Rs. 2,400 million, stable EBITDA margins around 12%, strengthening balance sheet via rights issue.

Geographical revenue split

Approximately 95% revenue from India and 5% from overseas operations including Nepal and the USA.

Order book

Strong order book of over Rs. 1,51,000 million diversified across hydroelectric, irrigation, tunneling, and road projects.

Whats driving growth

Government infrastructure push, focus on sustainable energy projects, hydropower expansion, and strategic investments in tunnel and urban infrastructure.

Our future plans

Expand overseas presence, invest Rs 400 crore in equipment, develop hydro and urban infrastructure projects including new real estate ventures.

Our green promise

Focus on renewable hydropower projects, energy-efficient construction practices, and aligning projects with India’s net-zero 2070 goals.

Our people and values

Over 7 decades of expertise, committed leadership, strong governance, focus on safety, ethics, diversity, and employee welfare.

Key challenges ahead

Project delays due to regulatory/land issues, arbitrations, funding challenges, and operational risks in complex terrain infrastructure projects.

Interesting facts

Constructed the world's longest bi-lane tunnel at 13,000+ feet elevation; recipient of multiple industry awards for engineering excellence.

Risks and strategy

Mitigates risks via diversified project portfolio, strong government contracts, focused arbitration management, and continuous operational efficiencies.