PATEL ENGINEERING LTD. — Year ended March 31, 2026 (quarter ended March 31, 2026; reporting date May 14, 2026)
| PARTICULARS | QUARTER ENDED | YEAR ENDED |
|---|---|---|
| 31.03.2026 Audited | 31.12.2025 Unaudited | |
| 1. Revenue from operations | 14,137.76 | 12,305.29 |
| 2. Other income | 303.71 | 292.21 |
| 3. Total income | 14,441.47 | 12,597.50 |
| 4. Expenses | ||
| a) Cost of material consumed | 3,798.31 | 3,368.41 |
| b) Cost of construction | 6,287.40 | 5,917.38 |
| c) Employee benefits expense | 1,105.77 | 1,003.55 |
| d) Finance cost | 782.63 | 667.40 |
| e) Depreciation | 270.92 | 276.17 |
| f) Other expenses | 841.86 | 623.65 |
| Total expenses | 13,086.89 | 11,856.56 |
| 5. Profit before exceptional items and tax (3-4) | 1,354.58 | 740.94 |
| 6. Exceptional item [(income)/expense] (refer note 3) | 435.31 | 431.09 |
| 7. Profit before tax (5-6) | 919.27 | 309.85 |
| 8. Tax expense / (Credit): | ||
| a) Current (net) | 355.16 | 90.67 |
| b) Earlier years | 2.82 | (664.84) |
| c) Deferred | (122.51) | (4.26) |
| 9. Profit for the period (7-8) | 683.80 | 888.28 |
| 10. Other comprehensive income (OCI) | ||
| A (i) Items that will not be reclassified to profit or loss | ||
| – Remeasurements of the defined benefit plans | 56.49 | 12.64 |
| – Revaluation of Assets | 351.86 | (9.26) |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (123.12) | (4.75) |
| 11. Total comprehensive income for the period | 969.03 | 886.91 |
| 12. Paid up equity share capital (Face value of Re 1 each) | 992.14 | 992.14 |
| 13. Other equity (Excluding revaluation reserves) | – | – |
| 14. Earnings per share | ||
| a) Basic (not annualised) | 0.69 | 1.03 |
| b) Diluted (not annualised) | 0.68 | 0.95 |
| Audited March 31-2026 | Audited Mar 31-2025 | |
|---|---|---|
| (Rs. Millions) | (Rs. Millions) | |
| I. ASSETS | ||
| 1 Non-current assets | ||
| (a) Property, plant and equipment | 11,383.68 | 11,565.06 |
| (b) Capital work-in-progress | 320.83 | 246.64 |
| (c) Other intangible assets | 2.33 | 5.14 |
| (d) Right to use | 599.30 | 216.71 |
| (e) Financial assets | ||
| (i) Investments | 2,002.33 | 2,143.01 |
| (ii) Trade receivables | 2,701.30 | 3,145.25 |
| (iii) Loans | 3,948.79 | 4,333.12 |
| (iv) Other financial assets | 5,277.79 | 6,474.85 |
| (f) Deferred tax assets (net) | 1,264.31 | 1,234.63 |
| (g) Current tax assets (net) | 679.75 | 478.67 |
| (h) Other non current assets | 14,378.49 | 11,078.92 |
| Total non-current assets | 42,558.90 | 40,922.00 |
| 2 Current assets | ||
| (a) Inventories | 7,914.27 | 9,077.46 |
| (b) Financial assets | ||
| (i) Current Investments | 19.56 | 518.36 |
| (ii) Trade receivables | 5,434.07 | 6,780.75 |
| (iii) Cash and cash equivalents | 3,176.65 | 1,941.07 |
| (iv) Other bank balances | 1,607.15 | 1,949.33 |
| (v) Loans | 777.36 | 737.86 |
| (vi) Other financial assets | 2,145.40 | 1,303.91 |
| (c) Other current assets | 30,305.20 | 30,546.99 |
| (d) Assets classified as held for sale | 550.00 | – |
| Total current assets | 51,929.66 | 52,855.73 |
| TOTAL ASSETS | 94,488.56 | 93,777.73 |
| II. EQUITY AND LIABILITIES | ||
| 1 Equity | ||
| (a) Equity share capital | 992.14 | 844.38 |
| (b) Other equity | 43,790.46 | 37,099.36 |
| Total equity | 44,782.60 | 37,943.74 |
| 2 Liabilities | ||
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 2,393.94 | 3,323.01 |
| (ii) Lease Liability | 316.65 | 123.44 |
| (iii) Trade payables | ||
| (a) Total Outstanding dues of micro enterprises and Small enterprises | – | – |
| (b) Total Outstanding dues of creditors other than micro enterprises and Small enterprises | 6,630.75 | 7,166.31 |
| (iv) Other financial liabilities | 746.85 | 2,370.73 |
| (b) Long-term provisions | 224.52 | 190.06 |
| (c) Other non current liabilities | 2,883.80 | 2,783.20 |
| (d) Deferred revenue | – | – |
| Total non-current liabilities | 13,196.51 | 15,956.75 |
| Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 8,846.10 | 12,009.40 |
| (ii) Lease Liability | 87.86 | 68.93 |
| (iii) Trade payables | ||
| (a) Total Outstanding dues of micro enterprises and Small enterprises | 870.35 | 461.05 |
| (b) Total Outstanding dues of creditors other than micro enterprises and Small enterprises | 20,715.74 | 20,529.40 |
| (iv) Other financial liabilities | 202.44 | 262.90 |
| (b) Short-term provisions | 43.40 | 91.27 |
| (c) Other current liabilities | 5,743.56 | 6,454.29 |
| Total current liabilities | 36,509.45 | 39,877.24 |
| TOTAL EQUITY AND LIABILITIES | 94,488.56 | 93,777.73 |
| Particulars | March 31, 2026 (Rs. Million) | March 31, 2025 (Rs. Million) |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net profit after tax | 2,849.60 | 2,622.10 |
| Adjustment for: | ||
| Depreciation/amortisation | 1,085.46 | 992.50 |
| Tax expenses | 113.95 | 777.82 |
| Finance charges | 2,906.13 | 3,187.84 |
| Interest income and dividend received | (561.01) | (1,688.36) |
| Foreign exchange gain | 73.78 | (0.21) |
| Provision for leave salary | 59.70 | 103.26 |
| Provision for gratuity | (73.12) | 23.88 |
| Profit on sale of investment | (17.07) | (953.77) |
| Provision / (Reversal) for impairment | (233.98) | 108.85 |
| Loss/(profit) on sale/discard of assets | 4.95 | 137.52 |
| Excess credit written back | (1,022.59) | 53.61 |
| Provision for Settlement | 469.35 | – |
| Irrecoverable debts and advances written off (net) | 1,526.93 | 2,915.17 |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | 7,182.06 | 8,280.21 |
| Adjustment for changes in: | ||
| Trade and other receivables | (2,150.48) | (7,172.10) |
| Inventories | 1,163.20 | (2,323.01) |
| Trade and other payables (excluding income tax) | (92.86) | 3,784.07 |
| Cash from operations | 6,101.92 | 2,569.17 |
| Direct tax (paid) / refund (net) | (460.76) | 270.00 |
| NET CASH FROM OPERATING ACTIVITIES (A) | 5,641.16 | 2,839.17 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of fixed assets (including capital work in progress and capital advances) | (1,026.08) | (911.05) |
| Sale of fixed assets | 17.07 | (56.45) |
| Decrease in loans to subsidiaries/ JV/ associates | (185.39) | 23.43 |
| Sale of investments | 1,616.09 | 1,652.71 |
| Purchase of investments | (1,099.87) | (1,127.62) |
| Interest and dividend received | 1,009.29 | 519.90 |
| NET CASH FROM INVESTING ACTIVITIES (B) | 331.11 | 100.92 |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Issue of shares | 3,565.68 | 3,659.57 |
| Proceeds from borrowings | 1,688.85 | 745.24 |
| Replacement of Contractee advance with new term loan | – | (700.00) |
| Term loan for replacement of Contractee advance | – | 700.00 |
| Repayment of borrowings | (5,635.34) | (4,663.04) |
| Finance charges paid | (4,282.10) | (2,651.04) |
| NET CASH USED IN FINANCING ACTIVITIES (C) | (4,662.91) | (2,909.27) |
| Net increase / (decrease) in cash and cash equivalent (A+B+C) | 1,309.36 | 30.82 |
| Opening balance of cash and cash equivalents | 1,941.07 | 1,910.04 |
| Balance of cash and cash equivalents | 3,250.43 | 1,940.86 |
| Particulars | Opening balance as on 01.04.2025 | Cash flow | Non-cash changes | Closing balance as on 31.03.2026 |
|---|---|---|---|---|
| Borrowings (including short term borrowing, long term borrowing & lease liability) | 15,524.79 | (3,946.49) | 66.25 | 11,644.55 |
| Total | 15,524.79 | (3,946.49) | 66.25 | 11,644.55 |
| Particulars | Opening balance as on 01.04.2024 | Cash flow | Non-cash changes | Closing balance as on 31.03.2025 |
|---|---|---|---|---|
| Borrowings (including short term borrowing, long term borrowing & lease liability) | 18,681.70 | (3,217.79) | 60.88 | 15,524.79 |
| Total | 18,681.70 | (3,217.79) | 60.88 | 15,524.79 |
| PARTICULARS | QUARTER ENDED | YEAR ENDED |
|---|---|---|
| 31.03.2026 Audited | 31.12.2025 Unaudited | |
| Segment revenue | ||
| Civil Construction | 14,137.71 | 12,305.24 |
| Real Estate | 0.05 | 0.05 |
| Total segment revenue | 14,137.76 | 12,305. |