Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Patel Engineering

₹69.4 -0.9 | 1.3%

Market Cap ₹5863 Cr.

Stock P/E 18.5

P/B 1.6

Current Price ₹69.4

Book Value ₹ 42.1

Face Value 1

52W High ₹79

Dividend Yield 0%

52W Low ₹ 28.1

Overview Inc. Year: 1949Industry: Engineering - Construction

Patel Engineering was incorporated in 1949 by 4 young entrepreneurs, with an objective to cater to the infrastructural needs of a developing nation.The agency presents a extensive range of civil engineering offerings in layout and construction of power tasks, hydroelectric tasks, business constructing, business complexes, dams, tunnels, underground structures, metal and concrete structures, bridges, marine works, flyovers and national highways in India and abroad. It has worked on 75 dams, 30 hydro electric powered projects, 30 micro tunnelling initiatives and 130 km of tunnelling, etc. In 2010 the Company has received approval from the Central government for coal linkage for its thermal tasks. Also, Patel Engineering Ltd''s subsidiary provided with the most important Waterfront Development Project in Mauritius.

Read More..

Patel Engineering Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Patel Engineering Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 878 1112 901 830 955 1205 1119 1021 1061 1343
Other Income 29 41 35 29 26 25 18 25 15 31
Total Income 907 1153 936 859 981 1230 1136 1046 1076 1374
Total Expenditure 732 957 767 712 814 1036 948 881 919 1106
Operating Profit 175 196 169 147 166 194 188 165 157 269
Interest 106 104 99 104 105 104 88 92 89 93
Depreciation 21 21 19 20 21 21 22 23 23 29
Exceptional Income / Expenses -13 -17 0 -1 -7 7 6 -1 37 43
Profit Before Tax 36 54 50 22 33 77 84 49 82 190
Provision for Tax 7 20 17 12 10 -0 30 11 13 49
Profit After Tax 29 34 33 10 24 77 54 38 69 141
Adjustments -2 4 4 13 0 5 -11 -0 0 -1
Profit After Adjustments 27 38 37 23 24 82 43 38 69 140
Adjusted Earnings Per Share 0.5 0.7 0.7 0.4 0.4 1.1 0.6 0.5 0.9 1.8

Patel Engineering Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 3727 3169 2875 3327 3654 3934 2211 2556 1828 3397 4028 4544
Other Income 82 107 116 153 254 243 175 171 109 116 120 89
Total Income 3809 3276 2991 3479 3908 4177 2386 2727 1937 3514 4148 4632
Total Expenditure 3168 2710 2379 2910 3233 3403 1850 2371 1593 2870 3403 3854
Operating Profit 640 566 612 569 675 773 535 356 344 644 745 779
Interest 437 438 516 602 579 489 370 266 401 420 418 362
Depreciation 77 82 80 55 78 54 50 66 72 82 93 97
Exceptional Income / Expenses 0 0 15 -129 -89 -136 89 31 -214 -30 -1 85
Profit Before Tax 126 46 32 -216 -71 94 204 55 -344 112 233 405
Provision for Tax 52 21 22 -20 32 -11 44 23 -71 43 54 103
Profit After Tax 74 25 10 -196 -103 105 159 31 -273 69 179 302
Adjustments -9 -8 -1 8 44 -7 -11 -24 -30 -7 -12 -12
Profit After Adjustments 65 16 8 -188 -59 98 148 7 -303 62 167 290
Adjusted Earnings Per Share 6.4 1.5 0.8 -16.9 -2.6 4.3 6.2 0.2 -5.9 1.2 2.2 3.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 16% 0% 1%
Operating Profit CAGR 16% 28% -1% 2%
PAT CAGR 159% 79% 11% 9%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 136% 51% 39% -3%
ROE Average 7% -1% 1% 0%
ROCE Average 14% 9% 9% 9%

Patel Engineering Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1628 1793 1893 1713 2139 2160 2277 2547 2320 2384 2888
Minority's Interest 99 129 125 146 70 56 57 33 61 71 88
Borrowings 1398 1881 2368 2107 1599 1332 1305 919 753 761 535
Other Non-Current Liabilities 274 565 525 661 613 424 848 701 1244 1296 1240
Total Current Liabilities 3626 4240 4328 4862 5162 3522 3800 4011 3509 3803 3792
Total Liabilities 7023 8608 9239 9488 9582 7495 8286 8211 7887 8315 8544
Fixed Assets 715 674 658 622 629 556 578 607 683 1181 1294
Other Non-Current Assets 1254 2699 3139 2706 2829 2423 2820 2549 1996 1715 1735
Total Current Assets 5034 5206 5406 6121 6073 4460 4825 4964 5122 5358 5444
Total Assets 7023 8608 9239 9488 9582 7495 8286 8211 7887 8315 8544

Patel Engineering Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 335 343 184 149 62 60 132 124 113 195 261
Cash Flow from Operating Activities -1 -362 -1 -48 567 403 836 407 389 514 693
Cash Flow from Investing Activities -152 -377 -244 272 -222 245 -327 -47 7 -121 -217
Cash Flow from Financing Activities 177 614 229 -311 -343 -578 -513 -367 -311 -340 -536
Net Cash Inflow / Outflow 25 -125 -16 -86 2 70 -4 -7 85 54 -60
Closing Cash & Cash Equivalent 360 219 168 62 64 131 127 118 198 249 200

Patel Engineering Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 6.44 1.48 0.76 -16.9 -2.59 4.32 6.25 0.16 -5.92 1.18 2.16
CEPS(Rs) 15.02 9.67 8.05 -12.71 -1.09 7 8.82 2.17 -3.93 2.86 3.52
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 159.1 159.95 167.04 150.57 92.58 93.36 93.77 55.34 43.89 44.12 36.42
Core EBITDA Margin(%) 14.99 14.49 17.26 12.52 11.52 13.49 16.29 7.25 12.84 15.53 15.51
EBIT Margin(%) 15.1 15.27 19.05 11.58 13.9 14.82 25.97 12.56 3.15 15.65 16.17
Pre Tax Margin(%) 3.38 1.45 1.1 -6.51 -1.95 2.38 9.22 2.14 -18.81 3.3 5.78
PAT Margin (%) 1.99 0.78 0.34 -5.9 -2.82 2.66 7.21 1.22 -14.93 2.03 4.44
Cash Profit Margin (%) 4.07 3.37 3.11 -4.25 -0.68 4.04 9.48 3.81 -10.99 4.44 6.76
ROA(%) 1.12 0.32 0.11 -2.1 -1.08 1.23 2.02 0.38 -3.39 0.85 2.12
ROE(%) 4.71 1.47 0.53 -11.12 -5.45 4.92 7.33 1.32 -11.55 3.02 6.96
ROCE(%) 11.89 8.55 8.26 5.47 7.18 9.59 11.53 6.58 1.24 11.69 14.23
Receivable days 101.36 91.12 70.28 59.35 38.32 22.94 38.87 39.78 75.99 53.48 49.54
Inventory Days 213.22 333.86 462.27 475.63 477.23 371.88 553.8 507.86 718.46 387.88 332.33
Payable days -909.71 -640.26 -586.51 -428.53 -1370.7 215.1 -2672.4 -8218.14 -2823.09 0 -3009.15
PER(x) 6.13 27.57 69.33 0 0 9.65 2.82 51.04 0 19.02 6.94
Price/Book(x) 0.25 0.26 0.32 0.26 0.59 0.45 0.19 0.15 0.24 0.51 0.41
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.95 1.5 1.95 1.73 1.68 0.95 1.35 1 1.43 0.94 0.67
EV/Core EBITDA(x) 5.52 8.38 9.14 10.11 9.12 4.82 5.59 7.15 7.61 4.94 3.62
Net Sales Growth(%) -4.98 -14.97 -9.26 15.69 9.85 7.66 -43.81 15.63 -28.48 85.85 18.55
EBIT Growth(%) 21.5 -14.03 13.23 -29.69 31.91 14.73 -1.5 -44.1 -82.06 823.16 22.49
PAT Growth(%) 5.76 -66.7 -60.87 -2128.25 47.56 201.85 52.13 -80.36 -971.89 125.24 159.6
EPS Growth(%) -2.38 -76.94 -48.64 -2316.37 84.7 267.12 44.61 -97.43 -3788.29 119.97 82.81
Debt/Equity(x) 2.16 2.54 2.78 3.23 2.37 1.37 1.21 0.93 1.01 0.97 0.62
Current Ratio(x) 1.39 1.23 1.25 1.26 1.18 1.27 1.27 1.24 1.46 1.41 1.44
Quick Ratio(x) 0.7 0.45 0.33 0.29 0.24 0.37 0.34 0.35 0.43 0.46 0.45
Interest Cover(x) 1.29 1.11 1.06 0.64 0.88 1.19 1.55 1.21 0.14 1.27 1.56
Total Debt/Mcap(x) 8.72 9.92 8.79 12.65 4.03 3.07 6.45 6.25 4.14 1.91 1.51

Patel Engineering Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 54.62 54.62 54.62 43.48 39.12 39.41 39.41 39.41 39.41 39.41
FII 0.51 0.39 0.37 2.98 2.92 2.1 2.38 2.36 2.83 3.37
DII 15.02 15.02 15.02 13.96 13.96 9.2 9.25 6.25 5.59 4.49
Public 29.85 29.98 29.99 39.58 44.01 49.29 48.95 51.97 52.16 52.72
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 0 to -3009.15days.
  • Company has reduced debt.

Cons

  • Promoter holding is low: 39.41%.
  • Company has a low return on equity of -1% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Patel Engineering News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....