Construction & Engineering company Patel Engineering announced Q2FY26 results Consolidated Revenue from operations for Q2FY26 stood at Rs 1,208 crore as against Rs 1,174 crore in Q2FY25, a growth of 2.91% on a YoY basis. Consolidated Operating EBITDA for Q2FY26 at Rs 159 crore, a margin of 13.13%. Q2FY26 Consolidated Net Profit stood at Rs 77 crore and total for H1FY26 stands at 152 crore. Received LOA of Rs 240 crore from National Hydroelectric Power Corporation (NHPC) Limited for civil & hydro mechanical works for Package 6 - Teesta-V power station in Sikkim taking the receipt of new orders in H1FY26 to ~ Rs 2,500 crore. Successfully raised NCD of Rs 90 crore through rated, senior secured Non-Convertible Debentures via private placement, reflecting our strong financial position and ability to access capital markets efficiently. Kavita Shirvaikar, MD, said: "We are pleased to report another quarter of consistent and resilient performance, marked by growth in revenues despite the operational challenges posed by prolonged monsoons across several project sites. This outcome underscores our unwavering commitment to operational excellence, disciplined project execution, and prudent financial management. Our ability to navigate external headwinds while delivering top-line growth reflects the strength of our business model and the dedication of our teams on the ground. The Company continues to benefit from the robust infrastructure momentum across the country, which is creating a fruitful environment for sustainable growth. We are strategically positioned to capitalize on emerging opportunities, supported by a strong order book and a diversified project portfolio. Looking ahead, our focus will remain on enhancing execution efficiencies, expanding our footprint, and creating long-term value for all stakeholders. We are confident that our integrated approach and forward-looking strategy will continue to drive growth and reinforce our leadership in the sector.“ Rahul Agrawal, CFO, said: "We are proud to deliver strong financial results for the quarter, driven by robust execution across our project sites and a disciplined approach to financial management. This performance is a direct result of our focus on revenue growth, cost optimization, and strategic capital allocation. We continue to maintain a balanced and cautious approach to managing costs, optimizing cash flows, and deploying capital efficiently. These efforts have not only strengthened our financial position but also enhanced our ability to invest in future growth. Our priority is to maintain stability while pursuing opportunities that align with our long-term growth strategy." Result PDF
Construction & Engineering company Patel Engineering announced Q1FY26 results Consolidated Revenue from operations for Q1FY26 stood at Rs 1,233 crore as against Rs 1,102 crore in Q1FY25, a growth of 11.96% on a YoY basis. Consolidated Operating EBITDA for Q1FY26 stood at Rs 165 crore with a margin of 13.40%. Q1FY26 Consolidated Net Profit increased by 55.89% YoY to Rs 75 crore, a margin of 6.09% from Rs 48 crore, a margin of 4.37% in Q1FY25. EPS improved to Rs 0.92 in Q1FY26 from Rs 0.65 in Q1FY25, reflecting enhanced profitability and operational efficiency. Total Debt has moved from Rs 1,603 crore as of 31 March 2025 to Rs 1,527 crore as of 30 June 2025. Kavita Shirvaikar, MD, said: “Our performance in Q1FY26 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 a favourable paradigm shift in broader macroeconomic factors, we have successfully secured orders worth ~ Rs 2,250 crore during the quarter and closed with a robust order book of Rs 16,285 crore 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 Q1FY26 reflect strong financial performance, characterised 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 Q1FY25 to 0.92 in Q1FY26. As we look ahead, we remain focused on disciplined capital allocation, maintaining financial rigour, 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. Result PDF
Construction & Engineering company Patel Engineering announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Q4FY25 Revenue from Operations at Rs 1,612 crore from Rs 1,343 crore in Q4FY24, up by 20.00% YoY. EBITDA: Rs 218 crore during Q4FY25. EBITDA margin: 13.55 for Q4FY25. Net Profit: Rs 33 crore during Q4FY25. Net Profit margin: 2.03% for Q4FY25. FY25 Financial Highlights: Consolidated Revenue from operations at Rs 5,093 crore for FY25, up from Rs 4,544 crore in FY24, a growth of 12.09% YoY. Consolidated Operating EBITDA for FY25 increased to Rs 733 crore from Rs 690 crore in FY24, implying 6.21% growth on a Y-o-Y basis. Profit before tax and exceptional items up by 49.38% from Rs 319 crore in FY24 to Rs 477 crore in FY25. FY25 Consolidated Net Profit stood at Rs 242 crore, a margin of 4.75% Demonstrating its ongoing focus on financial discipline, the company successfully brought down its gross debt from Rs 1,886 crore in FY24 to Rs 1,603 crore in FY25. Kavita Shirvaikar, MD, said: “We are happy to present a strong set of numbers with revenues surpassing Rs 5,000 crore for the first time this year demonstrating the company's ability to drive consistent growth while enhancing operational efficiency. The company has a healthy order book of Rs 15,218 crore as of March 31, 2025 and further have orders of around Rs 2,500 crore which are declared L1 / received subsequently. Looking ahead, we are encouraged by the government's continued emphasis on renewable energy and reducing carbon emissions and their resilient momentum to boost Hydropower, pumped storage and tunneling projects in which we have a strong presence. We remain confident that our execution strength, combined with sectoral momentum, will enable us to grow sustainably and deliver long-term value to all our stakeholders” Rahul Agrawal, CFO, said: “Our growth in revenues reflect the resilience of our business model, disciplined execution, efficient capital allocation and continued focus on operational excellence. The significant reduction in debt and interest costs for the year has enabled us to improve our credit rating to Agiving confidence to all stake holders. The infrastructure sector has been witnessing tremendous growth in the last few years and we remain optimistic on a bright future ahead for the Company. Our strong financial foundation and solid order pipeline provide the buoyancy and capacity to support the next phase of operational expansion and sustainable growth. Result PDF