PATELENG

Patel Engineering Share PricePatel Engineering

₹61.85
5.25 (9.28%)
As on 11 December, 2023 | 01:07 BSE: 531120 NSE: PATELENGISIN: INE244B01030

Patel Engineering Performance

Day Range

  • Low 56.30
  • High 63.20
₹ 61.85

52 Week Range

  • Low 13.15
  • High 63.20
₹ 61.85
  • Open Price57.00
  • Previous Close56.60
  • Volume40167687

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Patel Engineering Share Price

  • Over 1 Month 29.66%
  • Over 3 Month 11.34%
  • Over 6 Month 110.37%
  • Over 1 Year 192.43%

Patel Engineering Key Statistics

P/E Ratio 24.3
PEG Ratio 0.5
Market Cap Cr 4,785
Price to Book Ratio 1.6
EPS 2.1
Dividend 0
Relative Strength Index 76.09
Money Flow Index 86.57
MACD Signal 0.85
Average True Range 2.79

Patel Engineering Investment Rating

  • Master Rating:
  • Patel Engineering (Nse) has an operating revenue of Rs. 4,474.94 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 6% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 19%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 68% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 30 which is a POOR score indicating inconsistency in earnings, a RS Rating of 94 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 46 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Patel Engineering Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,0121,0911,1929298148811,041
Operating Expenses Qtr Cr 8779381,016799704758885
Operating Profit Qtr Cr 136152176131111123156
Depreciation Qtr Cr 23222121201917
Interest Qtr Cr 90871011031019699
Tax Qtr Cr 1028211111717
Net Profit Qtr Cr 411328422163334
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,9613,162
Operating Expenses Annual Cr 3,2772,570
Operating Profit Annual in Cr 540458
Depreciation Cr 8168
Interest Annual Cr 400393
Tax Annual Cr 4332
Net Profit Annual Cr 15653
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 385385
Cash from Investing Activity Annual Cr -86-86
Cash from Financing Annual Activity Cr -229-229
Net Cash Flow Annual Cr 70
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,8582,555
Fixed Assets Annual Cr 1,1831,161
Total Non Current Assets Annual Cr 3,2693,570
Total Current Assets Annual Cr 4,8634,366
Total Assets Annual Cr 8,1317,937
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3753
ROE Annual % 52
ROCE Annual % 1311
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1820
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,0211,1191,2981,0378939741,112
Operating Expenses Qtr Cr 8819481,117873762824957
Operating Profit Qtr Cr 140171181164131150155
Depreciation Qtr Cr 23222424232221
Interest Qtr Cr 9288106107106100104
Tax Qtr Cr 1130315152120
Net Profit Qtr Cr 38438531264138
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,3223,496
Operating Expenses Annual Cr 3,5772,853
Operating Profit Annual in Cr 625528
Depreciation Cr 9382
Interest Annual Cr 418420
Tax Annual Cr 5443
Net Profit Annual Cr 18372
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 537537
Cash from Investing Activity Annual Cr -144-144
Cash from Financing Annual Activity Cr -340-340
Net Cash Flow Annual Cr 54
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,8882,384
Fixed Assets Annual Cr 1,5451,435
Total Non Current Assets Annual Cr 3,2123,152
Total Current Assets Annual Cr 5,5385,358
Total Assets Annual Cr 8,7508,510
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3851
ROE Annual % 63
ROCE Annual % 1312
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1819

Patel Engineering Technicals

EMA & SMA

Current Price
₹61.85
5.25 (9.28%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹52.03
  • 50 Day
  • ₹50.47
  • 100 Day
  • ₹47.42
  • 200 Day
  • ₹40.76
  • 20 Day
  • ₹50.98
  • 50 Day
  • ₹49.92
  • 100 Day
  • ₹50.67
  • 200 Day
  • ₹36.78

Patel Engineering Resistance and Support

PIVOT
₹60.45
Resistance
First Resistance 64.60
Second Resistance 67.35
Third Resistance 71.50
RSI 76.09
MFI 86.57
MACD Single Line 0.85
MACD 1.93
Support
First Resistance 57.70
Second Resistance 53.55
Third Resistance 50.80

Patel Engineering Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 46,598,783 1,690,603,847 36.28
Week 21,764,016 910,824,061 41.85
1 Month 8,128,266 406,900,979 50.06
6 Month 6,539,606 448,813,130 68.63

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 water main and line connection, water reservoirs including irrigation system (canal). Company’s Total Operating Revenue is Rs. 3817.13 Cr. and Equity Capital is Rs. 77.36 Cr. for the Year ended 31/03/2023. 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 4,785
Sales 4,224
Shares in Float 47.19
No of funds 66
Yield
Book Value 1.67
U/D Vol ratio 1.9
LTDebt / Equity 14
Alpha 0.44
Beta 2.05

Patel Engineering

Owner NameSep-23Jun-23Mar-23Feb-23
Promoters 39.41%39.41%39.41%39.12%
Insurance Companies 0.33%0.33%0.33%0.5%
Foreign Portfolio Investors 2.36%2.38%2.1%2.92%
Financial Institutions/ Banks 5.89%8.87%8.87%13.3%
Individual Investors 39.12%35.19%32.29%30.77%
Others 12.89%13.82%17%13.39%

Patel Engineering Management

Name Designation
Mr. Rupen Patel Chairman & Managing Director
Ms. Kavita Shirvaikar WholeTime Director & CFO
Ms. Sunil Sapre Whole Time Director
Mr. K Ramasubramanian Independent Director
Ms. Geetha Sitaraman Independent Director
Dr. Barendra Kumar Bhoi 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
2023-11-03 Quarterly Results
2023-08-10 Quarterly Results
2023-05-15 Audited Results
2023-02-08 Quarterly Results
2023-01-31 Others Inter alia, to consider and determine the terms and conditions of the rights issue. (Revised) issue of equity shares of Re. 1/- each in the ratio of 1:2 @ premium of Rs. 11.60/-.

Patel Engineering FAQs

What is Share Price of Patel Engineering ?

Patel Engineering share price is ₹61 As on 11 December, 2023 | 00:53

What is the Market Cap of Patel Engineering ?

The Market Cap of Patel Engineering is ₹4784.8 Cr As on 11 December, 2023 | 00:53

What is the P/E ratio of Patel Engineering ?

The P/E ratio of Patel Engineering is 24.3 As on 11 December, 2023 | 00:53

What is the PB ratio of Patel Engineering ?

The PB ratio of Patel Engineering is 1.6 As on 11 December, 2023 | 00:53

Q2FY23