Stock Below Rs 30: Vijay Kedia-Backed Infrastructure Company Reports 24% Profit Growth in Q1 FY27; Rs 14,636 Crore Order Book

On Monday, Indian equity benchmark indices traded higher, with the benchmark Nifty 50 index rising 19.70 points, or 0.08 per cent, to 24,590.35. Amid the positive market sentiment, Patel Engineering share price jumped 3.64 per cent to Rs 29.63, after the company reported strong Q1 FY27 performance and continued to maintain a robust Order Book.

Patel Engineering Q1 FY27 Financial Performance

Patel Engineering reported consolidated revenue from operations of Rs 1,280.74 crore in Q1 FY27, compared with Rs 1,233.45 crore in Q1 FY26, registering a 3.83 per cent YoY growth. Consolidated operating EBITDA increased to Rs 179.60 crore, with an EBITDA margin of 14.02 per cent.

The company's consolidated net profit attributable to owners of the parent rose 24.49 per cent YoY to Rs 93.48 crore, compared with Rs 75.09 crore in Q1 FY26. The consolidated net profit margin stood at 7.30 per cent during the quarter.

Rs 14,636 Crore Order Book

Patel Engineering's order book stood at Rs 14,636 crore as of June 30, 2026, providing revenue visibility across key infrastructure sectors. The company also highlighted progress across several major projects during the quarter.

The Subansiri Lower Hydropower Project reached 1,000 MW operational capacity following the commissioning of Unit 4, while work also commenced on Unit 7. Meanwhile, concrete works at the Kwar Hydropower Project crossed 50 per cent completion, and Construction began at the 1,125 MW Dorjilung Hydropower Project in Bhutan.

FII Stake Increases

According to the latest June 2026 shareholding pattern, FII stake increased to 3.28 per cent, compared with 2.86 per cent in March 2026. This represents an increase of 42 basis points during the quarter.

Meanwhile, DII holding stood at 4.76 per cent in June 2026, compared with 6.17 per cent in March 2026. Promoter holding remained largely stable at 31.49 per cent, compared with 31.48 per cent in the previous quarter.

Vijay Kedia-Backed Holding

Kedia Securities Private Limited, associated with investor Vijay Kedia, held a 1.01 per cent stake in Patel Engineering as of June 2026. The holding remained unchanged at 1.01 per cent from the previous quarter, according to the shareholding pattern.
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About Patel Engineering

Patel Engineering Ltd is a 77-year-old infrastructure and construction company established in 1949, with expertise in hydropower and irrigation projects. The company undertakes construction of dams, bridges, tunnels, roads, piling works and industrial structures.

The company has executed infrastructure projects across hydropower, irrigation and water supply, urban infrastructure and transportation, with particular expertise in tunnelling and underground works for hydroelectric and transportation projects.

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Disclaimer: The article is for informational purposes only and not investment advice.