PATELENG

Patel Engineering Share Price

₹57.04
-1.23 (-2.11%)
08 September, 2024 07:22 BSE: 531120 NSE: PATELENG ISIN: INE244B01030

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Patel Engineering Performance

Day Range

  • Low 57
  • High 59
₹ 57

52 Week Range

  • Low 42
  • High 79
₹ 57
  • Open Price59
  • Previous Close58
  • Volume4652983

Patel Engineering Chart

  • Over 1 Month + 2.57%
  • Over 3 Month -4.93%
  • Over 6 Month -10.1%
  • Over 1 Year + 2.13%

Patel Engineering Key Statistics

P/E Ratio 16
PEG Ratio 0.3
Market Cap Cr
Price to Book Ratio 1.5
EPS 2.5
Dividend 0
Relative Strength Index 50.71
Money Flow Index 59.23
MACD Signal -0.63
Average True Range 2.21

Patel Engineering Investment Rating

  • Master Rating:
  • Patel Engineering (Nse) has an operating revenue of Rs. 4,527.16 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 9% is okay, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 53 which is a POOR score indicating inconsistency in earnings, a RS Rating of 18 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 100 indicates it belongs to a poor industry group of Bldg-Heavy Construction and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Patel Engineering Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,0821,2571,0521,0121,0911,192
Operating Expenses Qtr Cr 9211,0699088779381,016
Operating Profit Qtr Cr 161188145136152176
Depreciation Qtr Cr 262923232221
Interest Qtr Cr 8492889087101
Tax Qtr Cr 35411410282
Net Profit Qtr Cr 6870434113284
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 4,5213,961
Operating Expenses Annual Cr 3,7923,277
Operating Profit Annual in Cr 620540
Depreciation Cr 9781
Interest Annual Cr 357400
Tax Annual Cr 9343
Net Profit Annual Cr 286156
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 454546
Cash from Investing Activity Annual Cr -72-139
Cash from Financing Annual Activity Cr -367-445
Net Cash Flow Annual Cr 16-38
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,1462,858
Fixed Assets Annual Cr 1,2301,197
Total Non Current Assets Annual Cr 3,1823,350
Total Current Assets Annual Cr 5,5074,782
Total Assets Annual Cr 8,6898,131
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4137
ROE Annual % 95
ROCE Annual % 1313
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1718
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,1021,3431,0611,0211,1191,298
Operating Expenses Qtr Cr 9331,1069198819481,117
Operating Profit Qtr Cr 169238142140171181
Depreciation Qtr Cr 262923232224
Interest Qtr Cr 8493899288106
Tax Qtr Cr 35491311303
Net Profit Qtr Cr 5514069384385
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 4,6334,322
Operating Expenses Annual Cr 3,8543,577
Operating Profit Annual in Cr 690625
Depreciation Cr 9893
Interest Annual Cr 362418
Tax Annual Cr 10454
Net Profit Annual Cr 290183
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 688693
Cash from Investing Activity Annual Cr -132-217
Cash from Financing Annual Activity Cr -429-536
Net Cash Flow Annual Cr 126-60
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,1542,888
Fixed Assets Annual Cr 1,5261,561
Total Non Current Assets Annual Cr 3,1793,306
Total Current Assets Annual Cr 5,8175,444
Total Assets Annual Cr 8,9968,750
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4138
ROE Annual % 96
ROCE Annual % 1413
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1718

Patel Engineering Technicals

EMA & SMA

Current Price
₹57.04
-1.23 (-2.11%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹56.58
  • 50 Day
  • ₹57.98
  • 100 Day
  • ₹59.21
  • 200 Day
  • ₹57.49
  • 20 Day
  • ₹55.37
  • 50 Day
  • ₹58.74
  • 100 Day
  • ₹60.13
  • 200 Day
  • ₹61.11

Patel Engineering Resistance and Support

PIVOT
₹57.52
Resistance
First Resistance 58.28
Second Resistance 59.53
Third Resistance 60.29
RSI 50.71
MFI 59.23
MACD Single Line -0.63
MACD 0.02
Support
First Support 56.27
Second Support 55.51
Third Supoort 54.26

Patel Engineering Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,773,211 305,806,987 52.97
Week 9,563,869 471,785,638 49.33
1 Month 9,011,439 445,795,883 49.47
6 Month 10,420,851 522,293,062 50.12

Patel Engineering Result Highlights

Patel Engineering Synopsis

NSE-Bldg-Heavy Construction

Patel Engg. Ltd. is involved in the business activities of Construction and maintenance of power plants. Company’s Total Operating Revenue is Rs. 4412.04 Cr. and Equity Capital is Rs. 77.36 Cr. for the Year ended 31/03/2024. 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.
Market Cap 4,816
Sales 4,404
Shares in Float 54.04
No of funds 99
Yield
Book Value 1.4
U/D Vol ratio 0.8
LTDebt / Equity 15
Alpha -0.17
Beta 1.91

Patel Engineering Shareholding Pattern

Owner NameJun-24Mar-24Dec-23
Promoters 36.11%39.41%39.41%
Mutual Funds 1.78%0.08%
Insurance Companies 0.56%0.32%0.32%
Foreign Portfolio Investors 3.68%3.37%2.83%
Financial Institutions/ Banks 3.73%4.07%5.27%
Individual Investors 41.47%40.08%39.32%
Others 12.67%12.67%12.85%

Patel Engineering Management

Name Designation
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

Patel Engineering Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Patel Engineering Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-18 Audited Results
2024-02-12 Quarterly Results
2023-11-03 Quarterly Results
2023-08-10 Quarterly Results

About Patel Engineering

Established in 1973, Patel Engineering Limited (PEL) is a leading engineering, procurement, and construction (EPC) company. They offer EPC services across various sectors critical to India's infrastructure development, including power, oil & gas, and infrastructure, with a growing presence in international markets. PEL is known for its expertise in project management, meticulously handling all stages from feasibility studies and detailed engineering to procurement, construction execution, and commissioning. Their design engineering capabilities encompass a wide range of disciplines, ensuring projects meet the highest technical standards. PEL has a proven track record of delivering complex projects on time and within budget, even in challenging environments. The company's commitment to sustainability includes adopting eco-friendly construction practices like utilizing recycled materials and implementing strategies for waste minimization. They also actively invest in innovative technologies like prefabrication and modular construction to reduce project timelines and environmental impact.
 

Patel Engineering FAQs

What is Share Price of Patel Engineering ?

Patel Engineering share price is ₹57 As on 08 September, 2024 | 07:08

What is the Market Cap of Patel Engineering ?

The Market Cap of Patel Engineering is ₹4816.3 Cr As on 08 September, 2024 | 07:08

What is the P/E ratio of Patel Engineering ?

The P/E ratio of Patel Engineering is 16 As on 08 September, 2024 | 07:08

What is the PB ratio of Patel Engineering ?

The PB ratio of Patel Engineering is 1.5 As on 08 September, 2024 | 07:08

How to Invest in Patel Engineering Limited?

Patel Engineering Limited shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To buy the shares, you'll need a demat account with a brokerage firm that allows trading on the relevant exchange.

What is Patel Engineering Limited's ROE?

Patel Engineering Limited's current Return on Equity (ROE) is approximately 6.96 %%. Remember, ROE is a profitability measure and can fluctuate over time.

What Affects Patel Engineering Limited's Share Price?

Several factors can influence Patel Engineering Limited's share price, including:

● Financial performance of the company, including profitability and future prospects.
● Overall health of the construction and infrastructure sectors.
● Government policies and regulations impacting the industry.
● News and ratings related to Patel Engineering Limited, including analyst opinions and investor sentiment.tives, and contributing to social infrastructure development.

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