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Patel Engineering Ltd

(PATELENG)

₹51.690.65%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Patel Engineering Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Patel Engineering Ltd. An average target of ₹80

Source: S&P Global Market Intelligence

Patel Engineering Ltd Share analysis

Patel Engineering Ltd price forecast by 1 analysts

Upside of53.76%

High

₹80

Target

₹80.00

Low

₹80

Patel Engineering Ltd target price ₹80, a slight upside of 53.76% compared to current price of ₹51.69. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Patel Engineering Ltd Performance

  • Day's Low

    Day's High

    ₹50.61
    ₹52.4
  • 52 Week's Low

    52 Week's High

    ₹46.25
    ₹79
1 Month Return+ 1.84 %
3 Month Return-4.02 %
1 Year Return-0.13 %
Previous Close₹52.03
Open₹50.61
Volume32.05L
Upper Circuit-
Lower Circuit-
Market Cap₹4,393.29Cr

Patel Engineering Ltd Key Statistics

P/E Ratio12.98
PEG Ratio12.55
Market Cap₹4,393.29 Cr
P/B Ratio1.4
EPS3.74
Dividend Yield0
SectorInfrastructure Developers & Operators
ROE6.94

Patel Engineering Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹4,393.29 Cr46.07%0.74₹289 Cr₹4,544 Cr
NA₹3,751.31 Cr483.81%0.70₹43 Cr₹437 Cr
NA₹3,436.92 Cr53.27%0.66₹22 Cr₹560 Cr
NA₹32.63 Cr43.4%0.50NANA
NA₹861.02 Cr1545%0.63NANA

About Patel Engineering Ltd

Patel Engineering Ltd. is a leading global engineering and manufacturing company, incorporated in 1993. Patel Engineering offers a wide range of engineering and manufacturing services, including mechanical, electrical, and civil engineering, as well as production of various industrial components.

The company's top products include industrial valves, pumps, and motors, as well as various types of industrial machinery. Patel Engineering is also well known for its high-quality brands, such as the popular PEL brand of industrial valves, and the PEM brand of industrial motors.

Share Price: ₹51.69 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹4,393.29Cr as of today
Revenue: ₹1,174.33Cr as on September 2024 (Q3 24)
Net Profit: ₹73.36Cr as on September 2024 (Q3 24)
Listing date: 24 Feb, 2005
Chairperson Name: Rupen Patel
OrganisationPatel Engineering Ltd
Headquarters
IndustryInfrastructure Developers & Operators
E-voting on sharesClick here to vote

Key events for Patel Engineering Ltd

  • Patel Engineering Reports Strong Q3 Growth - 21 Nov, 2024

    Patel Engineering's standalone net sales for September 2024 reached Rs 1,154.55 crore, marking a 14.07% year-on-year increase. The net profit for the period was Rs 81.68 crore, reflecting significant growth compared to the previous year.

  • Patel Engineering Confident in Profit Growth and Debt Reduction - 16 Nov, 2024

    Patel Engineering has reduced its debt by 24% and exceeded its non-core asset monetization target, achieving Rs 330 crore. The company maintains a strong order book of Rs 17,000 crore and is confident in achieving its growth target of 15% to 20%.

  • Patel Engineering Reports Strong Earnings and Growth - 14 Nov, 2024

    Patel Engineering Ltd showcased impressive financial results with a 97% rise in Q2 net profit and a significant increase in revenue. The company also reported a robust order book and a lower P/E ratio compared to the industry average, indicating strong market positioning and growth potential.

  • Patel Engineering Reports Strong Q2 Results and Leadership Change - 13 Nov, 2024

    Patel Engineering's Q2 results show a 95.05% increase in net profit to Rs 73.44 crore, with revenues rising 15%. Shares surged 6% following strong earnings. Rahul Agarwal appointed CFO.

  • Patel Engineering Divests Stake in Welspun Michigan - 31 Oct, 2024

    Patel Engineering has sold its remaining 9.99% stake in Welspun Michigan Engineers Ltd for Rs 100 crore, enhancing cash flow and financial flexibility to support strategic priorities.

  • Patel Engineering Divests Stake, Shares Rise - 30 Oct, 2024

    Patel Engineering successfully divested its 9.99% stake in Welspun Michigan Engineers for Rs 100 crore, enhancing cash flow. The company's shares rose 4.60%, reflecting positive market sentiment amid strong quarterly results and strategic partnerships in infrastructure projects.

  • Patel Engineering Reports Strong Order Book Growth - 24 Oct, 2024

    Patel Engineering's order book has reached Rs 17,900 crore, with plans to expand it to Rs 25,000 crore. The company targets 10% revenue growth for FY 2024-25 despite a slowdown in tendering due to national elections.

Insights on Patel Engineering Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.12K Cr → 1.23K Cr (in ₹), with an average increase of 8.5% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 53.49 Cr → 73.04 Cr (in ₹), with an average increase of 26.8% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 49.60% to 51.96% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1110.5% return, outperforming this stock by 976.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 154.4% return, outperforming this stock by 154.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 36.11% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.69% to 3.09% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, PATELENG stock has moved down by -19.5%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.78% to 0.45% in Sep 2024 quarter

Patel Engineering Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,021.31Cr (-)₹1,061.01Cr (↑3.89%)₹1,343.18Cr (↑26.59%)₹1,101.66Cr (↓17.98%)₹1,174.33Cr (↑6.60%)
Net Income₹38.07Cr (-)₹68.59Cr (↑80.17%)₹140.94Cr (↑105.48%)₹47.87Cr (↓66.04%)₹73.36Cr (↑53.25%)
Net Profit Margin3.73% (-)6.46% (↑73.19%)10.49% (↑62.38%)4.35% (↓58.53%)6.25% (↑43.68%)
Value in ₹ crore
Details2021202220232024
Total Assets₹7,475.79Cr (-)₹7,739.33Cr (↑3.53%)₹8,132.13Cr (↑5.08%)₹8,689.43Cr (↑6.85%)
Total Liabilities₹4,983.44Cr (-)₹5,386.80Cr (↑8.09%)₹5,274.38Cr (↓2.09%)₹5,543.50Cr (↑5.10%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹393.52Cr (-)₹241.81Cr (↓38.55%)₹310.83Cr (↑28.54%)₹537.15Cr (↑72.81%)₹454.38Cr (↓15.41%)

Index Inclusions

S&P BSE Indus.

₹14,501.81

1.82 (259.12%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Patel Engineering Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.11%
0.00
Foreign Institutions
3.09%
-16.32
Mutual Funds
0.45%
-74.89
Retail Investors
51.96%
4.78
Others
8.39%
-4.95

Patel Engineering Ltd Key Indicators

Details20202021202220232024
Return On Equity %1.29-1.863.445.976.94
Details20202021202220232024
Return On Assets %0.15-3.890.932.263.34
Details20202021202220232024
Book Value Per Share (₹)56.4145.3445.2737.3340.7
Details20202021202220232024
Earning Per Share (₹)0.7-5.331.312.313.74

Patel Engineering Ltd Valuation

Patel Engineering Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-14.14x)

January 14, 2022

Today (12.98x)

November 21, 2024

Industry (79.25x)

November 21, 2024

Highest (23.00x)

December 11, 2023

LowHigh

Patel Engineering Ltd Earnings and Dividends

  • Patel Engineering Ltd Earnings Results

    Patel Engineering Ltd’s net profit jumped 93.95% since last year same period to ₹73.04Cr in the Q2 2024-2025. On a quarterly growth basis, Patel Engineering Ltd has generated 36.55% jump in its net profits since last 3-months.

    Read More about Earnings Results

Patel Engineering Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Patel Engineering Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Patel Engineering Ltd

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Patel Engineering Ltd (PATELENG) share price today is ₹51.69

Patel Engineering Ltd is listed on NSE

Patel Engineering Ltd is listed on BSE

  • Today’s highest price of Patel Engineering Ltd is ₹52.4.
  • Today’s lowest price of Patel Engineering Ltd is ₹50.61.

PE Ratio of Patel Engineering Ltd is 12.98

PE ratio = Patel Engineering Ltd Market price per share / Patel Engineering Ltd Earnings per share

Today’s traded volume of Patel Engineering Ltd(PATELENG) is 32.05L.

Today’s market capitalisation of Patel Engineering Ltd(PATELENG) is ₹4393.29Cr.

Patel Engineering Ltd(PATELENGPrice
52 Week High
₹79
52 Week Low
₹46.25

Patel Engineering Ltd(PATELENG) share price is ₹51.69. It is down -34.57% from its 52 Week High price of ₹79

Patel Engineering Ltd(PATELENG) share price is ₹51.69. It is up 11.76% from its 52 Week Low price of ₹46.25

Patel Engineering Ltd(PATELENGReturns
1 Day Returns
-0.34%
1 Month Returns
1.84%
3 Month Returns
-4.02%
1 Year Returns
-0.13%