By Enersider Desk | New Delhi
Patel Engineering Limited on Wednesday reported a net profit of ₹71.49 crore for the quarter ended March, up 117.96% from ₹32.80 crore in Q4 FY25. The company announced its audited financial results for the quarter and year ended March 31, 2026.
Image Credit: Patel Engineering
For Q4 FY26, revenue from operations stood at ₹1,421.48 crore. Operating EBITDA was ₹215.23 crore with a margin of 15.14%, the company said in a statement.
For FY26, revenue from operations reached ₹5,102.74 crore compared to ₹5,093.36 crore in FY25. Operating EBITDA was ₹684.03 crore with a margin of 13.41%. Net profit stood at ₹294.50 crore compared to ₹242.17 crore in FY25, an increase of 21.60%. Net profit margin was 5.77% compared to 4.75% in FY25.
The order book as on March 31, 2026 stood at ₹15,119 crore. The company received new project orders of approximately ₹4,400 crore during FY26. Declared L1 for projects worth approximately ₹1,660 crore and an MoU signed for the 144 MW Gongri Hydropower project valued at approximately ₹1,700 crore.
The commissioning of the 4th unit of Subansiri Lower hydro electric project (HEP) added 1,000 MW of clean energy to the national grid. Civil works up to unit 6 have been completed.
A national record was set with 812 meters of TBM tunnelling completed in January 2026, followed by a breakthrough after 6.2 km of tunnelling works, the company said.
Realisation of approximately ₹185 crore was achieved through monetising non-core assets. The company’s debt-equity ratio improved to 0.27x in FY26 from 0.43x in FY25.
Kavita Shirvaikar, MD, said: “The Q4 and FY26 performance reflects our continued focus on disciplined execution, and operational efficiency. We continue to see encouraging opportunities emerging across hydropower, tunnelling, irrigation, transportation, and urban infrastructure segments.”
Rahul Agarwal, CFO, said: “Our financial results this year underscore the resilience of our business model and the strength of our disciplined approach. With an improving debt-equity ratio, we have further strengthened our capital structure.”
