PATELENG

Patel Engineering Limited reported the transmission of 40,800 equity shares (0.004% of total share capital) from the late Mr. Pravin Patel, a relative of promoters who passed away on July 1, 2025, to Mr. Ryan Patel, a member of the Promoter Group. The transfer was completed on May 25, 2026, increasing Mr. Ryan Patel's holding from 2,39,900 shares (0.02%) to 2,80,700 shares (0.02%). This disclosure is made under SEBI Takeover Regulations, 2011.

Patel Engineering Limited, as a 35% JV partner, has been blacklisted by the Public Procurement Monitoring Office, Government of Nepal, from May 27, 2026, to May 26, 2029. The blacklisting resulted from disputes and termination of a contract for the Sunkoshi Marin Diversion Multipurpose Project. The company states there is no material impact on its financials or operations, as the lead partner was responsible for project execution, and disputes are pending adjudication.

Patel Engineering Ltd. was levied a penalty of ₹14 lacs by the Forest and Environment department, Sikkim, for operating a stone crusher plant without an operational license for the TEESTA STAGE-VI Hydro Electric Project during FY2023-26. The company stated there is no material financial impact, and operations continue.

Patel Engineering Ltd officials interacted with analysts and investors at Centrum's Nakshatra III Conference (virtual group meeting) on Friday, May 22, 2026, from 1:00 PM to 1:30 PM (IST). Discussions were based on publicly available information, and no unpublished price sensitive information was discussed.

Patel Engineering Limited announced the results of its Postal Ballot. The special resolutions for the appointment of Ms. Sudha Navandar and Ms. Jana Chatra as Independent Directors were passed by the requisite majority. For Ms. Navandar's appointment, 99.8752% of the polled votes were in favour, and for Ms. Chatra's appointment, 99.8995% of the polled votes were in favour.

Patel Engineering management guided for approximately 10% revenue growth in FY'27 and expects to secure around INR 8,000 crore in new orders, building on an order book of INR 15,119 crore as of March 31, 2026. The company completed INR 185 crore in non-core asset monetization in FY'26 and targets INR 150-200 crore for FY'27. Gross debt significantly reduced by INR 458 crore in FY'26, improving the debt-to-equity ratio to 0.27. Future growth is expected from hydropower, urban infrastructure, and water projects, supported by increased government capital expenditures. Management aims to reduce promoter pledge by 15-20% and expects to repay balance outstanding OCDs by FY'28.

Patel Engineering Ltd. has informed about an analyst/institutional investor meet on Friday, May 22, 2026, from 1:00 PM to 2:00 PM (IST). Company officials will participate virtually in Centrum's Nakshatra III Conference to interact with analysts and investors, with discussions based on publicly available information.

Patel Engineering Ltd. submitted the audio recording of its Investor/Analysts Meet held on May 11, 2026, to discuss the financial results for the quarter and year ended March 31, 2026. The recording is accessible via a provided link, and the company confirmed that no unpublished price sensitive information was shared during the meeting.

Patel Engineering Ltd. approved the sale of its entire stake (84,95,040 equity shares) in associate company ACP Tollways Pvt Ltd for an agreed consideration of ₹55 crore. The investment had a carrying value of ₹26.03 crore as of March 31, 2026. The transaction is subject to lender approvals and is expected to be completed before March 31, 2027. The buyer is not a promoter or related party.

Patel Engineering Ltd. reported strong Q4 FY26 consolidated Net Profit of ₹71.49 Cr vs ₹32.80 Cr in Q4 FY25 (▲117.96% YoY). Q4 FY26 Revenue from Operations stood at ₹1,421.48 Cr, and Operating EBITDA was ₹215.23 Cr with a 15.14% margin.

Standalone Revenue ₹1,413.78Cr vs ₹1,583.81Cr (▼10.73% YoY), EBITDA ₹166.91Cr vs ₹129.10Cr (▲29.29% YoY), PAT ₹68.38Cr vs ₹39.12Cr (▲74.79% YoY). EBITDA Margin 11.81% vs 8.15% (▲366bps).

Patel Engineering Limited announced an earnings conference call to discuss its financial performance for Q4FY26 and the full year ended March 31, 2026. The call is scheduled for Thursday, May 14, 2026, at 5:00 PM (IST) and will be hosted by Valorem Advisors. The management team, including the Managing Director and Chief Financial Officer, will participate.