Patel Engineering Future Growth

Future criteria checks 3/6

Patel Engineering is forecast to grow earnings and revenue by 18% and 18% per annum respectively while EPS is expected to grow by 12.2% per annum.

Key information

18.0%

Earnings growth rate

12.2%

EPS growth rate

Construction earnings growth	19.8%
Revenue growth rate	18.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 May 2024

Recent future growth updates

No updates

Recent updates

Does Patel Engineering (NSE:PATELENG) Deserve A Spot On Your Watchlist?

Oct 25

Is Now The Time To Look At Buying Patel Engineering Limited (NSE:PATELENG)?

Sep 03

Lacklustre Performance Is Driving Patel Engineering Limited's (NSE:PATELENG) Low P/E

Jun 12

There's No Escaping Patel Engineering Limited's (NSE:PATELENG) Muted Earnings Despite A 28% Share Price Rise

Dec 18

Calculating The Fair Value Of Patel Engineering Limited (NSE:PATELENG)

Dec 08

Do Patel Engineering's (NSE:PATELENG) Earnings Warrant Your Attention?

Nov 22

Does Patel Engineering (NSE:PATELENG) Deserve A Spot On Your Watchlist?

Aug 05

Benign Growth For Patel Engineering Limited (NSE:PATELENG) Underpins Its Share Price

Apr 20

Does Patel Engineering (NSE:PATELENG) Have A Healthy Balance Sheet?

Mar 16

Patel Engineering's (NSE:PATELENG) Returns On Capital Are Heading Higher

Jun 10

We Think Patel Engineering (NSE:PATELENG) Is Taking Some Risk With Its Debt

Feb 18

Investors Could Be Concerned With Patel Engineering's (NSE:PATELENG) Returns On Capital

Sep 15

We Think Patel Engineering (NSE:PATELENG) Is Taking Some Risk With Its Debt

Jul 29

Capital Allocation Trends At Patel Engineering (NSE:PATELENG) Aren't Ideal

May 21

These 4 Measures Indicate That Patel Engineering (NSE:PATELENG) Is Using Debt Extensively

Mar 29

Patel Engineering's(NSE:PATELENG) Share Price Is Down 81% Over The Past Three Years.

Feb 21

Should You Be Worried About Patel Engineering's (NSE:PATELENG) Returns On Capital?

Jan 26

Patel Engineering (NSE:PATELENG) Use Of Debt Could Be Considered Risky

Dec 22

Patel Engineering's(NSE:PATELENG) Share Price Is Down 87% Over The Past Three Years.

Nov 17

Earnings and Revenue Growth Forecasts

NSEI:PATELENG - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	61,362	4,090	N/A	5,650	1
3/31/2025	51,150	2,690	N/A	3,550	1
9/30/2024	47,188	3,373	5,977	6,777	N/A
6/30/2024	45,272	3,016	N/A	N/A	N/A
3/31/2024	45,441	3,022	5,285	6,878	N/A
12/31/2023	47,168	2,758	3,435	5,327	N/A
9/30/2023	46,104	2,242	4,864	6,994	N/A
6/30/2023	44,195	2,066	N/A	N/A	N/A
3/31/2023	38,911	1,484	5,341	7,023	N/A
12/31/2022	37,978	1,078	N/A	N/A	N/A
9/30/2022	38,565	1,330	4,615	6,601	N/A
6/30/2022	36,879	1,136	N/A	N/A	N/A
3/31/2022	33,803	721	3,559	5,142	N/A
12/31/2021	30,022	-1,070	N/A	N/A	N/A
9/30/2021	26,683	-1,709	2,917	4,363	N/A
6/30/2021	23,850	-2,493	N/A	N/A	N/A
3/31/2021	19,948	-2,907	2,552	3,887	N/A
12/31/2020	18,109	-2,297	N/A	N/A	N/A
9/30/2020	20,135	-1,739	2,048	2,439	N/A
6/30/2020	22,321	-729	N/A	N/A	N/A
3/31/2020	26,172	111	3,546	4,073	N/A
12/31/2019	26,610	520	N/A	N/A	N/A
9/30/2019	24,730	-83	3,966	7,465	N/A
6/30/2019	24,117	-347	N/A	N/A	N/A
3/31/2019	23,622	1,541	5,167	8,357	N/A
3/31/2018	22,745	1,048	N/A	4,033	N/A
3/31/2017	38,838	-1,029	N/A	5,667	N/A
3/31/2016	40,409	-1,962	N/A	-477	N/A
3/31/2015	34,154	85	N/A	-10	N/A
3/31/2014	37,011	164	N/A	-3,617	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PATELENG's forecast earnings growth (18% per year) is above the savings rate (6.7%).

Earnings vs Market: PATELENG's earnings (18% per year) are forecast to grow faster than the Indian market (17.9% per year).

High Growth Earnings: PATELENG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PATELENG's revenue (18% per year) is forecast to grow faster than the Indian market (10.5% per year).

High Growth Revenue: PATELENG's revenue (18% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PATELENG's Return on Equity is forecast to be high in 3 years time

Patel Engineering Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Second quarter 2025 earnings released: EPS: ₹0.87 (vs ₹0.46 in 2Q 2024)

Patel Engineering Limited Appoints Rahul Agarwal as Chief Financial Officer

Patel Engineering Limited to Report Q2, 2025 Results on Nov 13, 2024

Welspun Enterprises Limited (NSEI:WELENT) signed a letter of intent to acquire an additional 9.99% stake in Michigan Engineers Pvt. Ltd. from Patel Engineering Limited (BSE:531120) for INR 1.0 billion.

Does Patel Engineering (NSE:PATELENG) Deserve A Spot On Your Watchlist?

Patel Engineering Limited Announces Cessation of Kuppusubramanian Ramasubramanian as Independent Director

Patel Engineering Limited Announces Re-Designation of Kavita Shirvaikar as Managing Director

Is Now The Time To Look At Buying Patel Engineering Limited (NSE:PATELENG)?

Patel Engineering Limited, Annual General Meeting, Sep 13, 2024

First quarter 2025 earnings released: EPS: ₹0.65 (vs ₹0.66 in 1Q 2024)

Patel Engineering Limited to Report Q1, 2025 Results on Aug 13, 2024

High number of new directors

Now 16% overvalued after recent price rise

Now 26% overvalued after recent price rise

Lacklustre Performance Is Driving Patel Engineering Limited's (NSE:PATELENG) Low P/E

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Full year 2024 earnings released: EPS: ₹3.64 (vs ₹3.50 in FY 2023)

Patel Engineering Limited to Report Q4, 2024 Results on May 18, 2024

Patel Engineering Limited has completed a Follow-on Equity Offering in the amount of INR 4 billion.

Patel Engineering's (NSE:PATELENG) Solid Profits Have Weak Fundamentals

Patel Engineering Limited Announces Resignation of Tirth Nath Singh as Whole Time Director, Effective May 03, 2024

New minor risk - Shareholder dilution

Is Now An Opportune Moment To Examine Patel Engineering Limited (NSE:PATELENG)?

Patel Engineering Limited has filed a Follow-on Equity Offering.

Now 22% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued

Third quarter 2024 earnings released: EPS: ₹0.89 (vs ₹0.62 in 3Q 2023)

Patel Engineering Limited to Report Q3, 2024 Results on Feb 12, 2024

Now 27% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

Does Patel Engineering (NSE:PATELENG) Have A Healthy Balance Sheet?

There's No Escaping Patel Engineering Limited's (NSE:PATELENG) Muted Earnings Despite A 28% Share Price Rise

New minor risk - Share price stability

Calculating The Fair Value Of Patel Engineering Limited (NSE:PATELENG)

Investor sentiment improves as stock rises 17%

Do Patel Engineering's (NSE:PATELENG) Earnings Warrant Your Attention?

Second quarter 2024 earnings released: EPS: ₹0.46 (vs ₹0.53 in 2Q 2023)

Patel Engineering Limited to Report Q2, 2024 Results on Nov 03, 2023

Patel Engineering Limited Announces Resignation of Sunil Sapre as Whole Time Director

Patel Engineering Limited, Annual General Meeting, Sep 08, 2023

First quarter 2024 earnings released: EPS: ₹0.66 (vs ₹0.86 in 1Q 2023)

Investor sentiment improves as stock rises 16%

Does Patel Engineering (NSE:PATELENG) Deserve A Spot On Your Watchlist?

Patel Engineering Limited to Report Q1, 2024 Results on Aug 10, 2023

Investor sentiment improves as stock rises 25%

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 16%

Authum Investment & Infrastructure Limited (BSE:539177) signed a share purchase agreement to acquire 41.01% stake in Michigan Engineers Pvt. Ltd. from Patel Engineering Limited (BSE:531120) for INR 701 million.

Investor sentiment improves as stock rises 16%

Benign Growth For Patel Engineering Limited (NSE:PATELENG) Underpins Its Share Price

Investor sentiment improves as stock rises 20%

Does Patel Engineering (NSE:PATELENG) Have A Healthy Balance Sheet?

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: ₹0.62 (vs ₹0.58 in 3Q 2022)

Investor sentiment deteriorates as stock falls 15%

Patel Engineering Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings released: EPS: ₹0.53 (vs ₹0.15 in 2Q 2022)

Second quarter 2023 earnings released: EPS: ₹0.53 (vs ₹0.15 in 2Q 2022)

Patel Engineering Limited to Report Q2, 2023 Results on Nov 11, 2022

Insufficient new directors

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹1.51 (vs ₹6.78 loss in FY 2021)

Patel Engineering Limited, Annual General Meeting, Aug 26, 2022

India Grid Trust (BSE:540565) signed share purchase agreement to acquire Raichur Sholapur Transmission Company Limited from Patel Engineering Limited (BSE:531120), BS Limited and Simplex Infrastructures Limited (BSE:523838) for enterprise value of INR 2500 million.

Patel Engineering Limited announced that it expects to receive INR 399.999983 million in funding

Patel Engineering's (NSE:PATELENG) Returns On Capital Are Heading Higher

Full year 2022 earnings released: EPS: ₹1.51 (vs ₹6.78 loss in FY 2021)

Patel Engineering Limited to Report Q4, 2022 Results on May 23, 2022

We Think Patel Engineering (NSE:PATELENG) Is Taking Some Risk With Its Debt

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS ₹0.15 (vs ₹1.71 loss in 2Q 2021)

Investors Could Be Concerned With Patel Engineering's (NSE:PATELENG) Returns On Capital