Patel Engineering Ltd
Patel Engineering Ltd (PATELENG)

Patel Engineering Ltd (PATELENG)

₹24.31.02%

Key Stats

₹24.2
Day's Price Range
₹24.95
₹12.85
52-Week Price Range
₹34.95
1 Month Return9.35 %
3 Month Return16.9 %
1 Year Return39.88 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 58
16.31
EPS
Rank 78
₹1.51
BVPS
Rank 84
₹49.83
Dividend Yield
Rank 44
ROE
Rank 308
-1.86%
Price To Book Ratio
Rank 24
0.49
Debt To Asset
Rank 98
0.71

Company Information

Patel Engineering Limited PEL wet its feet in the industry during the year 1949. PEL is a dynamic and progressive Indian Engineering company committed to providing the entire range of civil engineering services involved in the design construction of Power Houses Hydroeletric Projects Commercial Building Industrial Complexes Dams Tunnels Underground Structures Steel and Concrete Structures Bridges Marine Works Flyovers and National Highways in India and abroad. ISO 9002: 2000 certification Company and access to internationally renowned Licensors Contractors make it the ideal engineering solutions partner for a wide spectrum of services covering a variety of industries. During the year 199394 the company had commenced production in plastic products through its subsidiary ENPRO. In the period of 199798 the company had entered into joint ventures with ENERGOPROJECT Yuguslavia. PEL had established a separate entity in the year 19992000 in the name and style of ASI Civil Constructors under the laws of the state of California as a regular corporation with a fiscal year end of March 31st ASI RCC Inc. purchased all of the stock of this entity for 80000 cash. In the same year 199900 the company had assigned 4A 3best rating by the world renowned Dun Bradstreet with 16 times the markets capitalization. PEL had achieved a breakthrough in highways and road projects. In 2001 the company had been accredited with ISO 9002 certification. The Company had secured contract for construction of Indias first Roller Compacted Concrete Dam for the Ghatghr Hydro Electric project in the year 2002 and also in same year PEL had incorporated a wholly owned subsidiary in USA under the name of Patel Engineering Inc to protect the parent company in India against all claims litigations that may emanate in the executed projects overseas. Totally 5418 kms of the National Highway Development project had been completed as of 31st January of the year 2005. In the year 200607 alone PEL had incorporated 18 subsidiaries out of that two companies namely Patel KNR Infrastructure Pvt Ltd and Patel Engineering Pvt Ltd were incorporated as a special purpose vehicle. In December of the year 2007 it bagged an order worth Rs 1188.5 million for double lake tapping and other civil works of Koyna Dam Foot Power House for the Water Resources Department Government of Maharashtra. During the year 200708 the company acquired 51 stake in Michigan Engineers Michigan a Mumbai based urban Infrastructure Company and 96 stake in Patel Energy which entered into an MOU with Gujarat Power Corporation Government of Gujarat for establishing a 1200 MW imported coalbased power project at Ghogha Bhavnagar. In June of the year 2008 the company bagged the USD 280 million Taum Sauck upper reservoir dam reconstruction project the largest RCC dam in Missouri USA. Patel Engineering is planning to increase its presence in export markets especially in USA and Africa and has lined up Rs 4 billion for its expansion plan which would be invested over the next two years into equipment and allied areas to strengthen its overseas operations. The company is already having a subsidiary ASI Contractor Inc. in the US through which it implements projects in the region.
OrganisationPatel Engineering Ltd
HeadquartersMumbai
IndustryConstruction