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Patel Engineering Limited (PATELENG) Fair Value & Analysis

Industrials · IN · Market cap ₹32.9B

PE Patel Engineering Limited PATELENG · NSE
Price₹34.01
Fair Value₹57.33
Upside+68.6%
Quality41/100
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Evidence: High Range ₹37.60 – ₹71.66

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price +29.3% over the past month.

Price vs Fair Value (12 months)

₹40.72 ₹22.20 Fair Value ₹57.33 Jul 2025 Jul 2026

12‑month range ₹22.20 – ₹40.72 · fair‑value band ₹37.60 – ₹71.66 · the ₹34.01 price screens below the ₹57.33 fair value. As of Jul 3, 2026.

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Analysis

Patel Engineering Limited (PATELENG) currently trades at ₹34.01, while our model-based Fair Value estimate is ₹57.33 — implying the stock looks roughly 68.6% undervalued today. We read business quality at 41/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Patel Engineering Limited generated revenue of ₹51.0B at a net margin of 5.3%. Revenue declined 11.8% year over year. It earns a return on equity of 6.6%. Net debt stands at ₹6.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹51.0B
Revenue growth (YoY) -11.8%
Net margin 5.3%
Return on equity 6.6%
Free cash flow ₹1.1B FY2026
P/E ratio 12.1
More key figures
Operating margin 13.3%
EPS (TTM) ₹2.84
EPS growth (YoY) -2.3%
Net debt ₹6.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Patel Engineering Limited, together with its subsidiaries, provides infrastructure and construction services in India and internationally. The company operates through EPC and Real Estate segments. It undertakes dams, tunnels, micro-tunnels, hydroelectric, irrigation, highways, roads, bridges, railways, refinery, real estate, and township projects. It is also involved in the contract-based construction of buildings and landmark structures, such as hotels, theatres, post offices, car parks, sports stadiums, college campuses, office buildings, power stations, and public utility buildings. The company was incorporated in 1949 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Patel Engineering Limited reported revenue of ₹51.0B in FY2026 versus ₹33.8B in FY2022, a compound +10.8%/yr. Reported net income was ₹2.6B in FY2026, compounding +37.9%/yr from FY2022.

Revenue +10.8%/yr
FY22 ₹33.8B
FY23 ₹38.9B
FY24 ₹45.4B
FY25 ₹50.9B
FY26 ₹51.0B
Net income +37.9%/yr
FY22 ₹721M
FY23 ₹1.8B
FY24 ₹2.9B
FY25 ₹2.5B
FY26 ₹2.6B

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $0.4110 $0.0100 -98%
Samsung C&T Corporation 028260 407,500 KRW 236,704 KRW -42%
China State Construction Engineering Corporation 601668 ¥4.74 ¥15.02 +217%
TopBuild Corp BLD 7,547 MXN 3,472 MXN -54%
Hyundai Engineering & Construction Co 000720 131,900 KRW 76,878 KRW -42%
United Integrated Services Co 2404 1,260 TWD 1,431 TWD +14%

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Frequently asked questions

Is Patel Engineering Limited (PATELENG) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹57.33 versus a price of ₹34.01 — about +69% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PATELENG?
Our model-based fair value for Patel Engineering Limited is ₹57.33 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹34.01.
What is the quality score of PATELENG?
Patel Engineering Limited has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Patel Engineering Limited (PATELENG)?
Patel Engineering Limited reported trailing-twelve-month revenue of about ₹51.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PATELENG?
The net profit margin of Patel Engineering Limited is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.