Patel Engineering Limited

Company Profile

Patel Engineering Limited had its IPO on under the ticker symbol PATELENG.

The company operates in the Industrials sector and Engineering & Construction industry. Patel Engineering Limited has a staff strength of 4,426 employees.

Stock update

Shares of Patel Engineering Limited opened at ₹53.75 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹51.39 - ₹54.49, and closed at ₹51.39.

This is a -4.99% slip from the previous day's closing price.

A total volume of 1,473,119 shares were traded at the close of the day’s session.

In the last one week, shares of Patel Engineering Limited have slipped by -7.54%.

Patel Engineering Limited's Key Ratios

Patel Engineering Limited has a market cap of ₹45.14 billion, indicating a price to book ratio of 0.4532 and a price to sales ratio of 0.4392.

In the last 12-months Patel Engineering Limited’s revenue was ₹44.19 billion with a gross profit of ₹11.41 billion and an EBITDA of ₹6.64 billion. The EBITDA ratio measures Patel Engineering Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Patel Engineering Limited’s operating margin was 12.8% while its return on assets stood at 3.85% with a return of equity of 6.76%.

In Q2, Patel Engineering Limited’s quarterly earnings growth was a negative -30.8% while revenue growth was a positive 14.9%.

Patel Engineering Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

26.8894

PEG

Its diluted EPS in the last 12-months stands at ₹2.17 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Patel Engineering Limited’s profitability.

Patel Engineering Limited stock is trading at a EV to sales ratio of 0.8078 and a EV to EBITDA ratio of 4.9537. Its price to sales ratio in the trailing 12-months stood at 0.4392.

Patel Engineering Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹87.50 billion

Total Liabilities

₹37.92 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Patel Engineering Limited ended 2024 with ₹87.50 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹87.50 billion while shareholder equity stood at ₹28.88 billion.

Patel Engineering Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹37.92 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹282.00 million in goodwill. Its cash balance stood at ₹2.11 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹5.35 billion.

Patel Engineering Limited’s total current assets stands at ₹54.44 billion while long-term investments were ₹0 and short-term investments were ₹2.29 billion. Its net receivables were ₹5.31 billion compared to accounts payable of ₹15.52 billion and inventory worth ₹37.44 billion.

In 2024, Patel Engineering Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Patel Engineering Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹51.39

52-Week High

₹62.11

52-Week Low

₹13.1

Analyst Target Price

₹

Patel Engineering Limited stock is currently trading at ₹51.39 per share. It touched a 52-week high of ₹62.11 and a 52-week low of ₹62.11. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹49 and 200-day moving average was ₹27.37 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6352.6% of the company’s stock are held by insiders while 389.9% are held by institutions.