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Patel Engineering Ltd

(PATELENG)

₹54.621.01%

as on 04:01PM, 11 Oct 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 of44.98%

High

₹80

Target

₹80.00

Low

₹80

Patel Engineering Ltd target price ₹80, a slight upside of 44.98% compared to current price of ₹54.62. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Patel Engineering Ltd Performance

  • Day's Low

    Day's High

    ₹54.5
    ₹55.78
  • 52 Week's Low

    52 Week's High

    ₹42.05
    ₹79
1 Month Return-4.78 %
3 Month Return-10.87 %
1 Year Return+ 7.88 %
Previous Close₹55.18
Open₹55.01
Volume25.28L
Upper Circuit-
Lower Circuit-
Market Cap₹4,659.27Cr

Patel Engineering Ltd Key Statistics

P/E Ratio15.33
PEG Ratio25.47
Market Cap₹4,659.27 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₹4,659.27 Cr96.17%0.74₹289 Cr₹4,544 Cr
NA₹875.14 Cr179.75%0.60₹46 Cr₹326 Cr
BUY₹21,492.44 Cr38.9%0.69₹515 Cr₹19,626 Cr
NA₹329.34 Cr20.22%0.98-₹8 Cr₹388 Cr
NA₹310.16 Cr8.38%0.68₹12 Cr₹108 Cr

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: ₹54.62 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹4,659.27Cr as of today
Revenue: ₹1,101.66Cr as on June 2024 (Q2 24)
Net Profit: ₹47.87Cr as on June 2024 (Q2 24)
Listing date: 25 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 Wins Major NHPC Contract - 20 Sep, 2024

    Patel Engineering has secured a Rs 240 crore contract from NHPC for a hydropower project in Sikkim, involving modifications to a diversion tunnel. The project is expected to be completed within 18 months, contributing to the company's growth in the hydropower sector.

  • Patel Engineering Stock Shows Bullish Reversal Potential - 16 Sep, 2024

    After a 27% correction from a July peak, Patel Engineering's stock has found support in the Rs 50-53 demand zone. A bullish BAT pattern suggests a potential reversal, making current price levels attractive for buying within the Rs 58-60 range, targeting Rs 68, with a stop-loss near Rs 55.

  • Patel Engineering Targets Growth Amid Revenue Fluctuations - 06 Sep, 2024

    Patel Engineering aims for 15-20% revenue growth over five years, with an order book of ₹18,000 crore. Despite a slight revenue decline, net profit rose 28% YoY. The company anticipates a 10% revenue growth in FY25 due to project timelines.

  • Patel Engineering Aims for 20% Revenue Growth - 05 Sep, 2024

    Patel Engineering Ltd targets 15-20% revenue growth over the next five years, driven by opportunities in the hydropower sector. The company plans to add Rs 10,000 to Rs 15,000 crore to its order book and has identified projects worth Rs 50,000 crore for bidding. Recent government approvals for hydropower projects further support this growth outlook.

  • Patel Engineering Stock Shows Potential for Reversal - 02 Sep, 2024

    After a 27% decline from its July peak, Patel Engineering's stock has found support in the Rs 50-53 range. A bullish bat pattern suggests a potential reversal, making current price levels attractive for buying within Rs 55-58, targeting Rs 68, with a stop-loss near Rs 51.

  • Patel Engineering Shows Potential for Recovery - 01 Sep, 2024

    Patel Engineering shares gained 6.71% on September 1, 2024, with a notable 695% return over five years. A bullish BAT pattern suggests a potential reversal at critical support levels after a 27% correction.

  • Patel Engineering Partners with RVNL for Projects - 30 Aug, 2024

    Patel Engineering Ltd has signed a Memorandum of Understanding with Rail Vikas Nigam Ltd to collaborate on hydro and infrastructure projects, boosting stock by 7%. Despite recent gains, the stock has underperformed this year, down over 5% YTD, but shows strong long-term potential with a 690% return over five years.

  • Patel Engineering Faces Decline Amid MoU Announcement - 29 Aug, 2024

    Patel Engineering announced a MoU for collaboration on hydro and infrastructure projects. However, shares fell by 1.9%, with a year-to-date return of over 17% in the negative.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.92% to 1.78% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 43.91% to 49.60% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1486.0% return, outperforming this stock by 1371.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 190.9% return, outperforming this stock by 183.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, PATELENG stock has moved down by -9.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.41K Cr → 1.12K Cr (in ₹), with an average decrease of 20.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.47% to 3.69% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 125.29 Cr → 53.49 Cr (in ₹), with an average decrease of 57.3% per quarter

Patel Engineering Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,118.61Cr (-)₹1,021.31Cr (↓8.70%)₹1,061.01Cr (↑3.89%)₹1,343.18Cr (↑26.59%)₹1,101.66Cr (↓17.98%)
Net Income₹42.03Cr (-)₹38.07Cr (↓9.42%)₹68.59Cr (↑80.17%)₹140.94Cr (↑105.48%)₹47.87Cr (↓66.04%)
Net Profit Margin3.76% (-)3.73% (↓0.80%)6.46% (↑73.19%)10.49% (↑62.38%)4.35% (↓58.53%)
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.

₹15,601.80

0.06 (8.73%)

BSE Small-Cap

₹56,600.09

0.44 (246.73%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

Patel Engineering Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.11%
0.00
Foreign Institutions
3.69%
-56.46
Mutual Funds
1.78%
93.03
Retail Investors
49.6%
12.96
Others
8.83%
-16.65

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 (15.33x)

October 10, 2024

Industry (83.64x)

October 10, 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 37.51% since last year same period to ₹53.49Cr in the Q1 2024-2025. On a quarterly growth basis, Patel Engineering Ltd has generated -57.31% fall 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 ₹54.62

Patel Engineering Ltd is listed on NSE

Patel Engineering Ltd is listed on BSE

  • Today’s highest price of Patel Engineering Ltd is ₹55.78.
  • Today’s lowest price of Patel Engineering Ltd is ₹54.5.

PE Ratio of Patel Engineering Ltd is 15.33

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 25.28L.

Today’s market capitalisation of Patel Engineering Ltd(PATELENG) is ₹4659.27Cr.

Patel Engineering Ltd(PATELENGPrice
52 Week High
₹79
52 Week Low
₹42.05

Patel Engineering Ltd(PATELENG) share price is ₹54.62. It is down -30.86% from its 52 Week High price of ₹79

Patel Engineering Ltd(PATELENG) share price is ₹54.62. It is up 29.89% from its 52 Week Low price of ₹42.05

Patel Engineering Ltd(PATELENGReturns
1 Day Returns
-0.56%
1 Month Returns
-4.78%
3 Month Returns
-10.87%
1 Year Returns
7.88%