Patel Engineering Q4 & FY26 Net Profit Surges 118% & 21.6% to ₹71.5 Cr & ₹294.5 Cr
Patel Engineering reported strong Q4 FY26 results with net profit up 117.96% to ₹71.49 Crore. FY26 net profit increased 21.60% to ₹294.50 Crore on revenue of ₹5,102.74 Crore. The order book stands at ₹15,119 Crore, with new orders of ₹4,400 Crore in FY26. Debt-equity ratio improved to 0.27x.
The substantial increase in net profit, improved financial ratios, and strong order book are material positive developments for the company, likely to be viewed favorably by investors and stakeholders.
The company reported significant year-on-year growth in net profit for both the quarter and the full fiscal year, along with an improved debt-equity ratio and a strong order book, indicating positive financial performance and future prospects.
Patel Engineering Limited has announced its audited financial results for the quarter and year ended March 31, 2026. For the fourth quarter of FY26, the company reported a significant increase in net profit, which rose by 117.96% to ₹71.49 Crore compared to ₹32.80 Crore in Q4 FY25. Revenue from operations for the quarter stood at ₹1,421.48 Crore, with Operating EBITDA at ₹215.23 Crore, resulting in a margin of 15.14%.
For the full fiscal year 2026, Patel Engineering's revenue from operations reached ₹5,102.74 Crore, a slight increase from ₹5,093.36 Crore in FY25. The Net Profit for FY26 surged by 21.60% year-on-year to ₹294.50 Crore, up from ₹242.17 Crore in FY25. The Net Profit Margin improved to 5.77% in FY26 from 4.75% in FY25. Operating EBITDA for FY26 was ₹684.03 Crore with a margin of 13.41%.
The company also highlighted key achievements, including a robust order inflow of approximately ₹4,400 Crore in FY26. Patel Engineering has been declared L1 for projects worth ~₹1,660 Crore and signed an MoU for the 144 MW Gongri Hydropower project valued at ~₹1,700 Crore. A significant milestone was the commissioning of the 4th Unit of Subansiri Lower HEP, adding 1,000 MW of clean energy. The company also set a national record for TBM tunnelling, completing 812 meters in January 2026, and realized approximately ₹185 Crore through monetizing non-core assets. The debt-equity ratio improved to 0.27x in FY26 from 0.43x in FY25.
Ms. Kavita Shirvaikar, MD, commented that the performance reflects a continued focus on disciplined execution and operational efficiency, with strong project execution capabilities providing long-term revenue visibility. Mr. Rahul Agarwal, CFO, stated that the results underscore the resilience of the business model and the strength of the disciplined approach, reinforcing the ability to invest in future opportunities while maintaining a healthy balance sheet and an improving debt-equity ratio.
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