Patel Engineering Ltd
Patel Engineering Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #44 of 55 in Construction
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The short version
The company targets revenue of around INR5,000 crores for FY '26, aiming for 5% to 10% growth compared to previous year. Revenue growth for FY '26 is expected between 5% to 10%, with a strong start of 12% growth in Q1.
From Patel Engineering Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company targets revenue of around INR5,000 crores for FY '26, aiming for 5% to 10% growth compared to previous year.
- Q1 revenue grew 12% year-on-year, indicating acceleration in execution.
- Book-to-bill ratio is approximately 3.3, with a current order book of INR16,500 crores, providing strong revenue visibility.
- Order inflows are expected to remain high over the next 2-3 years, with a targeted incremental order book addition of INR8,000 to INR10,000 crores in the current year.
- The company plans to increase the total order book to INR20,000 to INR25,000 crores by FY '26 end.
- Growth is driven largely by hydroelectric projects, which make up around 60% of the order book, and the company is aligned with the national infrastructure pipeline.
2 more points from Patel Engineering Ltd's call on revenue
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Profitability & Margins
See what Patel Engineering Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company is focused on bidding for large hydroelectric and infrastructure projects, with a current order book target of INR20,000 to INR25,000 crores by end of FY '26.
- They plan to add incremental orders worth INR8,000 to INR12,000 crores within the year.
- Significant emphasis on hydro projects (~60% of order book), including large projects like Dibang and others.
- Investment in digital tools such as SAP and IoT to enhance execution efficiency and project oversight.
2 more points from Patel Engineering Ltd's call on capex
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Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Patel Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book as of June 30, 2025: INR 16,285 crores (excluding INR 240 crores from Teesta V Hydropower Project with LoA received recently in Q2).
- Composition: 61% hydropower, 20% irrigation, 7% tunneling, and 12% urban infra/others.
- New orders received so far in FY '26: INR 2,500 crores.
- Tenders submitted but yet under evolution: INR 11,000 crores.
- Identified projects expected to be bid on this year: INR 40,000 crores to INR 50,000 crores.
- Target by year-end FY '26 to grow order book to INR 20,000 crores to INR 25,000 crores.
- Order book to bill ratio stands at ~3.3.
- Major focus on hydropower sector, including projects like Dibang, Kiru, Kwar, and Subansiri.
2 more points from Patel Engineering Ltd's call on order book
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Patel Engineering Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.4K Cr, net profit ₹44 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Patel Engineerin's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
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- Markolines Pavem (Q1 FY26)
600 crores in potential orders indicating continued volume growth. Key concall takeaways from Markolines Pavem's Q1 FY26 earnings call — and how it ranks…
- Hind.Construct. (Q1 FY26)
Current order backlog as of 30th June is approximately ₹11,188 crores to ₹11,800 crores. Key concall takeaways from Hindustan Construction Company Ltd's Q1…
Potential multibaggers · Q2 FY27
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Patel Engineering Ltd Q1 FY26 results?
The company targets revenue of around INR5,000 crores for FY '26, aiming for 5% to 10% growth compared to previous year. Revenue growth for FY '26 is expected between 5% to 10%, with a strong start of 12% growth in Q1.
What is Patel Engineering Ltd share price analysis?
Patel Engineering Ltd currently shows a neutral. The stock trades at a P/E of 7.2 with a market cap of ₹2,823 Cr. Investors should review the full earnings analysis for detailed insights.
Is Patel Engineering Ltd planning capital expenditure?
The company is focused on bidding for large hydroelectric and infrastructure projects, with a current order book target of INR20,000 to INR25,000 crores by end of FY '26.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
