Patel Engineering Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 5:45 am

Market Cap	3,638 Cr.
Current Price	43.1
High / Low	74.4/33.6
Stock P/E	10.5
Book Value	44.8
Dividend Yield	0.00 %
ROCE	15.3 %
ROE	10.0 %
Face Value	1.00
PEG Ratio	0.20

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Patel Engineering Ltd

Competitors of Patel Engineering Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Peninsula Land Ltd	967 Cr.	29.9	78.2/20.9		7.08	0.00 %	5.00 %	11.8 %	2.00
Patel Engineering Ltd	3,638 Cr.	43.1	74.4/33.6	10.5	44.8	0.00 %	15.3 %	10.0 %	1.00
Hindustan Construction Company Ltd	6,282 Cr.	34.5	57.5/21.4	849	4.98	0.00 %	25.6 %	2.01 %	1.00
Industry Average	3,629.00 Cr	35.83		429.75	18.95	0.00%	15.30%	7.94%	1.33

All Competitor Stocks of Patel Engineering Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,112	901	830	955	1,205	1,119	1,021	1,061	1,343	1,102	1,174	1,206	1,612
Expenses	957	767	712	814	1,036	948	881	919	1,106	933	1,012	1,022	1,394
Operating Profit	155	134	119	140	169	171	140	142	238	169	162	184	218
OPM %	14%	15%	14%	15%	14%	15%	14%	13%	18%	15%	14%	15%	14%
Other Income	24	39	31	26	35	12	24	52	75	25	42	10	-62
Interest	104	99	104	105	104	88	92	89	93	84	79	80	79
Depreciation	21	19	20	21	21	22	23	23	29	26	24	24	26
Profit before tax	54	55	25	40	80	72	49	82	190	83	101	89	52
Tax %	37%	32%	48%	23%	-0%	42%	22%	16%	26%	43%	27%	10%	33%
Net Profit	38	37	23	24	82	43	38	69	140	55	73	82	38
EPS in Rs	0.53	0.51	0.30	0.31	1.06	0.50	0.49	0.89	1.62	0.63	0.87	0.94	0.42

Last Updated: May 31, 2025, 8:11 am

Below is a detailed analysis of the quarterly data for Patel Engineering Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,612.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,206.00 Cr. (Dec 2024) to 1,612.00 Cr., marking an increase of 406.00 Cr..
For Expenses, as of Mar 2025, the value is 1,394.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,022.00 Cr. (Dec 2024) to 1,394.00 Cr., marking an increase of 372.00 Cr..
For Operating Profit, as of Mar 2025, the value is 218.00 Cr.. The value appears strong and on an upward trend. It has increased from 184.00 Cr. (Dec 2024) to 218.00 Cr., marking an increase of 34.00 Cr..
For OPM %, as of Mar 2025, the value is 14.00%. The value appears to be declining and may need further review. It has decreased from 15.00% (Dec 2024) to 14.00%, marking a decrease of 1.00%.
For Other Income, as of Mar 2025, the value is -62.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10.00 Cr. (Dec 2024) to -62.00 Cr., marking a decrease of 72.00 Cr..
For Interest, as of Mar 2025, the value is 79.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 80.00 Cr. (Dec 2024) to 79.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 26.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 24.00 Cr. (Dec 2024) to 26.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Mar 2025, the value is 52.00 Cr.. The value appears to be declining and may need further review. It has decreased from 89.00 Cr. (Dec 2024) to 52.00 Cr., marking a decrease of 37.00 Cr..
For Tax %, as of Mar 2025, the value is 33.00%. The value appears to be increasing, which may not be favorable. It has increased from 10.00% (Dec 2024) to 33.00%, marking an increase of 23.00%.
For Net Profit, as of Mar 2025, the value is 38.00 Cr.. The value appears to be declining and may need further review. It has decreased from 82.00 Cr. (Dec 2024) to 38.00 Cr., marking a decrease of 44.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.42. The value appears to be declining and may need further review. It has decreased from 0.94 (Dec 2024) to 0.42, marking a decrease of 0.52.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 5:40 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	3,701	3,415	4,041	3,884	2,275	2,362	2,617	1,995	3,380	3,891	4,544	5,093
Expenses	3,234	2,919	3,642	3,463	1,743	1,985	2,432	1,750	2,850	3,330	3,854	4,360
Operating Profit	467	496	399	421	531	377	185	244	530	562	690	733
OPM %	13%	15%	10%	11%	23%	16%	7%	12%	16%	14%	15%	14%
Other Income	99	131	41	165	106	247	202	-115	83	149	163	15
Interest	438	516	602	579	489	370	266	401	420	412	362	322
Depreciation	82	80	55	78	54	50	66	72	82	81	98	100
Profit before tax	46	32	-216	-71	94	204	55	-344	112	218	393	326
Tax %	46%	69%	-9%	45%	-12%	22%	43%	-21%	39%	18%	26%	27%
Net Profit	25	10	-196	-103	105	154	11	-291	72	183	290	248
EPS in Rs	0.60	0.31	-7.10	-1.82	1.85	2.61	0.18	-4.16	1.00	2.37	3.75	2.87
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-60.00%	-2060.00%	47.45%	201.94%	46.67%	-92.86%	-2745.45%	124.74%	154.17%	58.47%	-14.48%
Change in YoY Net Profit Growth (%)	0.00%	-2000.00%	2107.45%	154.49%	-155.28%	-139.52%	-2652.60%	2870.20%	29.42%	-95.70%	-72.95%

Patel Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	14%
3 Years:	15%
TTM:	12%

Compounded Profit Growth
10 Years:	58%
5 Years:	177%
3 Years:	56%
TTM:	53%

Stock Price CAGR
10 Years:	-1%
5 Years:	28%
3 Years:	29%
1 Year:	-36%

Return on Equity
10 Years:	4%
5 Years:	6%
3 Years:	8%
Last Year:	10%

Last Updated: Unknown

Balance Sheet

Last Updated: June 12, 2025, 2:56 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8	8	8	16	16	16	41	47	48	77	77	84
Reserves	1,785	1,885	1,705	2,123	2,144	2,260	2,506	2,273	2,336	2,811	3,076	3,700
Borrowings	4,478	5,163	5,395	4,982	2,910	2,698	2,296	2,296	2,292	1,758	1,910	1,615
Other Liabilities	2,337	2,183	2,404	2,555	2,344	3,226	3,485	3,471	3,835	4,111	3,933	4,180
Total Liabilities	8,608	9,239	9,512	9,676	7,414	8,201	8,328	8,087	8,510	8,757	8,996	9,580
Fixed Assets	674	658	622	629	556	578	607	683	1,181	1,231	1,319	1,328
CWIP	786	982	837	868	792	1,063	1,141	679	283	294	233	171
Investments	134	182	164	138	140	116	79	68	82	135	155	181
Other Assets	7,014	7,417	7,889	8,040	5,926	6,443	6,501	6,658	6,965	7,096	7,289	7,900
Total Assets	8,608	9,239	9,512	9,676	7,414	8,201	8,328	8,087	8,510	8,757	8,996	9,580

Below is a detailed analysis of the balance sheet data for Patel Engineering Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 84.00 Cr.. The value appears strong and on an upward trend. It has increased from 77.00 Cr. (Mar 2024) to 84.00 Cr., marking an increase of 7.00 Cr..
For Reserves, as of Mar 2025, the value is 3,700.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,076.00 Cr. (Mar 2024) to 3,700.00 Cr., marking an increase of 624.00 Cr..
For Borrowings, as of Mar 2025, the value is 1,615.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,910.00 Cr. (Mar 2024) to 1,615.00 Cr., marking a decrease of 295.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 4,180.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,933.00 Cr. (Mar 2024) to 4,180.00 Cr., marking an increase of 247.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 9,580.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,996.00 Cr. (Mar 2024) to 9,580.00 Cr., marking an increase of 584.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 1,328.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,319.00 Cr. (Mar 2024) to 1,328.00 Cr., marking an increase of 9.00 Cr..
For CWIP, as of Mar 2025, the value is 171.00 Cr.. The value appears to be declining and may need further review. It has decreased from 233.00 Cr. (Mar 2024) to 171.00 Cr., marking a decrease of 62.00 Cr..
For Investments, as of Mar 2025, the value is 181.00 Cr.. The value appears strong and on an upward trend. It has increased from 155.00 Cr. (Mar 2024) to 181.00 Cr., marking an increase of 26.00 Cr..
For Other Assets, as of Mar 2025, the value is 7,900.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,289.00 Cr. (Mar 2024) to 7,900.00 Cr., marking an increase of 611.00 Cr..
For Total Assets, as of Mar 2025, the value is 9,580.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,996.00 Cr. (Mar 2024) to 9,580.00 Cr., marking an increase of 584.00 Cr..

Notably, the Reserves (3,700.00 Cr.) exceed the Borrowings (1,615.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-362	-1	-48	567	403	836	407	389	514	702	688	363
Cash from Investing Activity +	-377	-244	272	-222	245	-327	-47	7	-121	-224	-132	-15
Cash from Financing Activity +	614	229	-311	-343	-578	-513	-367	-311	-340	-541	-429	-283
Net Cash Flow	-125	-16	-86	2	70	-4	-7	85	54	-63	126	66

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	463.00	491.00	394.00	417.00	529.00	375.00	183.00	242.00	528.00	561.00	689.00	732.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	92	53	61	46	24	39	35	46	79	61	47	44
Inventory Days
Days Payable
Cash Conversion Cycle	92	53	61	46	24	39	35	46	79	61	47	44
Working Capital Days	251	304	358	363	339	379	349	306	539	303	254	225
ROCE %	12%	8%	8%	7%	8%	11%	10%	6%	6%	12%	13%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	54.62%	54.62%	43.48%	39.11%	39.42%	39.42%	39.42%	39.42%	39.42%	36.11%	36.11%	36.11%
FIIs	0.39%	0.37%	2.98%	2.92%	2.10%	2.38%	2.36%	2.83%	3.37%	3.68%	3.09%	4.74%
DIIs	15.02%	15.03%	13.96%	13.96%	9.20%	9.25%	6.25%	5.59%	4.48%	6.22%	4.45%	4.51%
Public	27.24%	27.25%	32.39%	36.82%	44.49%	44.15%	47.18%	47.37%	47.93%	49.59%	51.96%	50.23%
Others	2.74%	2.74%	7.19%	7.19%	4.79%	4.79%	4.79%	4.79%	4.79%	4.39%	4.39%	4.39%
No. of Shareholders	92,869	95,245	99,056	1,08,321	1,19,507	1,37,056	2,00,941	2,18,582	2,59,605	3,40,851	4,32,445	4,40,768

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
JM Value Fund	1,906,534	1	10.87	1,906,534	2025-04-22 15:56:54	0%
JM Small Cap Fund	779,797	0.79	4.44	779,797	2025-04-22 14:15:26	0%
Groww Nifty Total Market Index Fund	5,848	0.01	0.03	5,848	2025-04-22 15:56:54	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	3.64	3.19	1.51	-6.78	0.39
Diluted EPS (Rs.)	3.54	2.23	1.49	-6.78	0.39
Cash EPS (Rs.)	5.01	3.52	3.14	-4.32	2.39
Book Value[Excl.RevalReserv]/Share (Rs.)	40.81	38.47	51.23	50.79	62.80
Book Value[Incl.RevalReserv]/Share (Rs.)	40.87	38.47	51.23	50.79	62.80
Revenue From Operations / Share (Rs.)	58.74	54.32	70.54	42.86	64.12
PBDIT / Share (Rs.)	10.07	9.63	13.44	7.39	8.73
PBIT / Share (Rs.)	8.81	8.43	11.73	5.84	7.11
PBT / Share (Rs.)	5.24	3.01	2.34	-7.39	1.34
Net Profit / Share (Rs.)	3.74	2.31	1.43	-5.86	0.76
NP After MI And SOA / Share (Rs.)	3.75	2.37	1.50	-6.25	0.27
PBDIT Margin (%)	17.14	17.73	19.04	17.23	13.62
PBIT Margin (%)	14.99	15.51	16.62	13.62	11.09
PBT Margin (%)	8.91	5.53	3.31	-17.23	2.09
Net Profit Margin (%)	6.37	4.25	2.03	-13.68	1.19
NP After MI And SOA Margin (%)	6.38	4.36	2.12	-14.57	0.42
Return on Networth / Equity (%)	9.21	6.35	3.01	-12.62	0.43
Return on Capital Employeed (%)	13.68	13.14	11.94	5.93	6.72
Return On Assets (%)	3.22	2.09	0.84	-3.59	0.13
Long Term Debt / Equity (X)	0.17	0.18	0.31	0.33	0.36
Total Debt / Equity (X)	0.59	0.60	0.94	0.97	0.88
Asset Turnover Ratio (%)	0.51	0.48	0.37	0.21	0.29
Current Ratio (X)	1.45	1.44	1.41	1.46	1.24
Quick Ratio (X)	0.50	0.44	0.46	0.42	0.35
Interest Coverage Ratio (X)	2.15	1.78	1.53	0.85	1.34
Interest Coverage Ratio (Post Tax) (X)	1.60	1.43	1.24	0.85	1.00
Enterprise Value (Cr.)	5960.61	2787.45	3255.43	2648.61	2531.19
EV / Net Operating Revenue (X)	1.31	0.66	0.96	1.33	0.96
EV / EBITDA (X)	7.65	3.74	5.06	7.70	7.10
MarketCap / Net Operating Revenue (X)	0.96	0.27	0.35	0.27	0.14
Price / BV (X)	1.40	0.40	0.49	0.23	0.14
Price / Net Operating Revenue (X)	0.96	0.27	0.35	0.27	0.14
EarningsYield	0.06	0.15	0.06	-0.53	0.03

After reviewing the key financial ratios for Patel Engineering Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 3.64. This value is below the healthy minimum of 5. It has increased from 3.19 (Mar 23) to 3.64, marking an increase of 0.45.
For Diluted EPS (Rs.), as of Mar 24, the value is 3.54. This value is below the healthy minimum of 5. It has increased from 2.23 (Mar 23) to 3.54, marking an increase of 1.31.
For Cash EPS (Rs.), as of Mar 24, the value is 5.01. This value is within the healthy range. It has increased from 3.52 (Mar 23) to 5.01, marking an increase of 1.49.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 40.81. It has increased from 38.47 (Mar 23) to 40.81, marking an increase of 2.34.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 40.87. It has increased from 38.47 (Mar 23) to 40.87, marking an increase of 2.40.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 58.74. It has increased from 54.32 (Mar 23) to 58.74, marking an increase of 4.42.
For PBDIT / Share (Rs.), as of Mar 24, the value is 10.07. This value is within the healthy range. It has increased from 9.63 (Mar 23) to 10.07, marking an increase of 0.44.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.81. This value is within the healthy range. It has increased from 8.43 (Mar 23) to 8.81, marking an increase of 0.38.
For PBT / Share (Rs.), as of Mar 24, the value is 5.24. This value is within the healthy range. It has increased from 3.01 (Mar 23) to 5.24, marking an increase of 2.23.
For Net Profit / Share (Rs.), as of Mar 24, the value is 3.74. This value is within the healthy range. It has increased from 2.31 (Mar 23) to 3.74, marking an increase of 1.43.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 3.75. This value is within the healthy range. It has increased from 2.37 (Mar 23) to 3.75, marking an increase of 1.38.
For PBDIT Margin (%), as of Mar 24, the value is 17.14. This value is within the healthy range. It has decreased from 17.73 (Mar 23) to 17.14, marking a decrease of 0.59.
For PBIT Margin (%), as of Mar 24, the value is 14.99. This value is within the healthy range. It has decreased from 15.51 (Mar 23) to 14.99, marking a decrease of 0.52.
For PBT Margin (%), as of Mar 24, the value is 8.91. This value is below the healthy minimum of 10. It has increased from 5.53 (Mar 23) to 8.91, marking an increase of 3.38.
For Net Profit Margin (%), as of Mar 24, the value is 6.37. This value is within the healthy range. It has increased from 4.25 (Mar 23) to 6.37, marking an increase of 2.12.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.38. This value is below the healthy minimum of 8. It has increased from 4.36 (Mar 23) to 6.38, marking an increase of 2.02.
For Return on Networth / Equity (%), as of Mar 24, the value is 9.21. This value is below the healthy minimum of 15. It has increased from 6.35 (Mar 23) to 9.21, marking an increase of 2.86.
For Return on Capital Employeed (%), as of Mar 24, the value is 13.68. This value is within the healthy range. It has increased from 13.14 (Mar 23) to 13.68, marking an increase of 0.54.
For Return On Assets (%), as of Mar 24, the value is 3.22. This value is below the healthy minimum of 5. It has increased from 2.09 (Mar 23) to 3.22, marking an increase of 1.13.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.17. This value is below the healthy minimum of 0.2. It has decreased from 0.18 (Mar 23) to 0.17, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.59. This value is within the healthy range. It has decreased from 0.60 (Mar 23) to 0.59, marking a decrease of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.51. It has increased from 0.48 (Mar 23) to 0.51, marking an increase of 0.03.
For Current Ratio (X), as of Mar 24, the value is 1.45. This value is below the healthy minimum of 1.5. It has increased from 1.44 (Mar 23) to 1.45, marking an increase of 0.01.
For Quick Ratio (X), as of Mar 24, the value is 0.50. This value is below the healthy minimum of 1. It has increased from 0.44 (Mar 23) to 0.50, marking an increase of 0.06.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.15. This value is below the healthy minimum of 3. It has increased from 1.78 (Mar 23) to 2.15, marking an increase of 0.37.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.60. This value is below the healthy minimum of 3. It has increased from 1.43 (Mar 23) to 1.60, marking an increase of 0.17.
For Enterprise Value (Cr.), as of Mar 24, the value is 5,960.61. It has increased from 2,787.45 (Mar 23) to 5,960.61, marking an increase of 3,173.16.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.31. This value is within the healthy range. It has increased from 0.66 (Mar 23) to 1.31, marking an increase of 0.65.
For EV / EBITDA (X), as of Mar 24, the value is 7.65. This value is within the healthy range. It has increased from 3.74 (Mar 23) to 7.65, marking an increase of 3.91.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.96. This value is below the healthy minimum of 1. It has increased from 0.27 (Mar 23) to 0.96, marking an increase of 0.69.
For Price / BV (X), as of Mar 24, the value is 1.40. This value is within the healthy range. It has increased from 0.40 (Mar 23) to 1.40, marking an increase of 1.00.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.96. This value is below the healthy minimum of 1. It has increased from 0.27 (Mar 23) to 0.96, marking an increase of 0.69.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.15 (Mar 23) to 0.06, marking a decrease of 0.09.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Patel Engineering Ltd as of June 13, 2025 is: 38.38

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 13, 2025, Patel Engineering Ltd is Overvalued by 10.95% compared to the current share price 43.10

Intrinsic Value of Patel Engineering Ltd as of June 13, 2025 is: 58.22

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 13, 2025, Patel Engineering Ltd is Undervalued by 35.08% compared to the current share price 43.10

Last 5 Year EPS CAGR: 51.69%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (2.92 cr) and profit (70.75 cr) over the years.	The stock has a low average ROCE of 9.58%, which may not be favorable. The stock has a high average Working Capital Days of 330.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 52.25, which may not be favorable. The company has higher borrowings (3,149.42) compared to reserves (2,383.67), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Patel Engineering Ltd:
1. Net Profit Margin: 6.37%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 13.68% (Industry Average ROCE: 15.3%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 9.21% (Industry Average ROE: 7.94%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.6
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.5
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 10.5 (Industry average Stock P/E: 429.75)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.59
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Patel Engineering Ltd. is a Public Limited Listed company incorporated on 02/04/1949 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1949PLC007039 and registration number is 007039. Currently Company is involved in the business activities of Construction and maintenance of water main and line connection, water reservoirs including irrigation system (canal). Company's Total Operating Revenue is Rs. 5007.65 Cr. and Equity Capital is Rs. 84.44 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Patel Estate Road, Jogeshwari (West), Mumbai Maharashtra 400102	headoffice@pateleng.com http://www.pateleng.com

Management
Name	Position Held
Ms. Janky Patel	Chairperson
Ms. Kavita Shirvaikar	Managing Director
Mr. Kishan Lal Daga	Whole Time Director
Mr. Dimitrius D Mello	Whole Time Director
Mr. K Ramasubramanian	Independent Director
Dr. Emandi Sankara Rao	Independent Director
Dr.(Ms.) Sunanda Rajendran	Independent Director
Mr. Shambhu Singh	Independent Director
Mr. Ashwin Parmar	Independent Director

FAQ

What is the intrinsic value of Patel Engineering Ltd?

Patel Engineering Ltd's intrinsic value (as of 13 June 2025) is ₹38.38 — 10.95% lower the current market price of 43.10, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 3,638 Cr. market cap, FY2025-2026 high/low of ₹74.4/33.6, reserves of 3,700 Cr, and liabilities of 9,580 Cr.

What is the Market Cap of Patel Engineering Ltd?

The Market Cap of Patel Engineering Ltd is 3,638 Cr..

What is the current Stock Price of Patel Engineering Ltd as on 13 June 2025?

The current stock price of Patel Engineering Ltd as on 13 June 2025 is 43.1.

What is the High / Low of Patel Engineering Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Patel Engineering Ltd stocks is ₹74.4/33.6.

What is the Stock P/E of Patel Engineering Ltd?

The Stock P/E of Patel Engineering Ltd is 10.5.

What is the Book Value of Patel Engineering Ltd?

The Book Value of Patel Engineering Ltd is 44.8.

What is the Dividend Yield of Patel Engineering Ltd?

The Dividend Yield of Patel Engineering Ltd is 0.00 %.

What is the ROCE of Patel Engineering Ltd?

The ROCE of Patel Engineering Ltd is 15.3 %.

What is the ROE of Patel Engineering Ltd?

The ROE of Patel Engineering Ltd is 10.0 %.

What is the Face Value of Patel Engineering Ltd?

The Face Value of Patel Engineering Ltd is 1.00.