Patel Engineering Limited — Q2FY27 earnings call summary

Filed 12 November 2026 · Official transcript

Q2 FY27 revenue at INR 1211 Cr; EBITDA margin 12.42%; net profit up 7.64% to INR 83 Cr
H1 FY27 revenue INR 2491 Cr; EBITDA margin 13.24%; net profit up 15.94% to INR 177 Cr
INR 30,000 Cr bids submitted across ~15 projects; INR 50,000 Cr pipeline expected next 12 months
Key project milestones: 5 of 8 Subansiri units operational; Sleemanabad tunnel breakthrough
Promoter pledge reduced from ~90% to 67%; further reduction planned next year
Arbitration awards on track for INR 100-150 Cr in FY27
Revenue growth for FY27 expected marginal at 7-8%; stronger growth anticipated FY28 onward
Order book at INR 13,546 Cr with 64% hydropower, 14% irrigation, 4% tunneling