Patel Engineering Past Earnings Performance
Past criteria checks 4/6
Patel Engineering has been growing earnings at an average annual rate of 42.2%, while the Construction industry saw earnings growing at 21% annually. Revenues have been growing at an average rate of 17.6% per year. Patel Engineering's return on equity is 9.6%, and it has net margins of 6.5%.
Key information
42.2%
Earnings growth rate
20.8%
EPS growth rate
Construction Industry Growth | 19.0% |
Revenue growth rate | 17.6% |
Return on equity | 9.6% |
Net Margin | 6.5% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Patel Engineering's (NSE:PATELENG) Solid Profits Have Weak Fundamentals
May 01Is Now An Opportune Moment To Examine Patel Engineering Limited (NSE:PATELENG)?
Apr 26Does Patel Engineering (NSE:PATELENG) Have A Healthy Balance Sheet?
Feb 01There's No Escaping Patel Engineering Limited's (NSE:PATELENG) Muted Earnings Despite A 28% Share Price Rise
Dec 18Calculating The Fair Value Of Patel Engineering Limited (NSE:PATELENG)
Dec 08Do Patel Engineering's (NSE:PATELENG) Earnings Warrant Your Attention?
Nov 22Does Patel Engineering (NSE:PATELENG) Deserve A Spot On Your Watchlist?
Aug 05Benign Growth For Patel Engineering Limited (NSE:PATELENG) Underpins Its Share Price
Apr 20Does Patel Engineering (NSE:PATELENG) Have A Healthy Balance Sheet?
Mar 16Patel Engineering's (NSE:PATELENG) Returns On Capital Are Heading Higher
Jun 10We Think Patel Engineering (NSE:PATELENG) Is Taking Some Risk With Its Debt
Feb 18Investors Could Be Concerned With Patel Engineering's (NSE:PATELENG) Returns On Capital
Sep 15We Think Patel Engineering (NSE:PATELENG) Is Taking Some Risk With Its Debt
Jul 29Capital Allocation Trends At Patel Engineering (NSE:PATELENG) Aren't Ideal
May 21These 4 Measures Indicate That Patel Engineering (NSE:PATELENG) Is Using Debt Extensively
Mar 29Patel Engineering's(NSE:PATELENG) Share Price Is Down 81% Over The Past Three Years.
Feb 21Should You Be Worried About Patel Engineering's (NSE:PATELENG) Returns On Capital?
Jan 26Patel Engineering (NSE:PATELENG) Use Of Debt Could Be Considered Risky
Dec 22Patel Engineering's(NSE:PATELENG) Share Price Is Down 87% Over The Past Three Years.
Nov 17Are Insiders Buying Patel Engineering Limited (NSE:PATELENG) Stock?
Sep 28We Wouldn't Rely On Patel Engineering's (NSE:PATELENG) Statutory Earnings As A Guide
Aug 31Revenue & Expenses Breakdown
How Patel Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 46,330 | 3,022 | 3,540 | 0 |
31 Dec 23 | 47,168 | 2,758 | 3,830 | 0 |
30 Sep 23 | 46,104 | 2,242 | 3,806 | 0 |
30 Jun 23 | 44,195 | 2,066 | 3,603 | 0 |
31 Mar 23 | 42,020 | 1,835 | 3,491 | 0 |
31 Dec 22 | 37,978 | 1,078 | 3,245 | 0 |
30 Sep 22 | 38,565 | 1,330 | 3,120 | 0 |
30 Jun 22 | 36,879 | 1,136 | 2,920 | 0 |
31 Mar 22 | 33,803 | 721 | 2,735 | 0 |
31 Dec 21 | 30,022 | -1,070 | 2,619 | 0 |
30 Sep 21 | 26,683 | -1,709 | 2,395 | 0 |
30 Jun 21 | 23,850 | -2,493 | 2,142 | 0 |
31 Mar 21 | 19,948 | -2,907 | 2,061 | 0 |
31 Dec 20 | 18,109 | -2,297 | 1,895 | 0 |
30 Sep 20 | 20,135 | -1,739 | 1,917 | 0 |
30 Jun 20 | 22,321 | -729 | 1,914 | 0 |
31 Mar 20 | 26,172 | 111 | 1,991 | 0 |
31 Dec 19 | 26,610 | 520 | 1,941 | 0 |
30 Sep 19 | 24,730 | -83 | 1,855 | 0 |
30 Jun 19 | 24,117 | -347 | 1,742 | 0 |
31 Mar 19 | 23,622 | 1,541 | 1,737 | 0 |
31 Mar 18 | 22,745 | 1,048 | 1,550 | 0 |
31 Mar 17 | 38,838 | -1,029 | 1,540 | 0 |
31 Mar 16 | 40,409 | -1,962 | 1,416 | 0 |
31 Mar 15 | 34,154 | 85 | 2,403 | 0 |
31 Mar 14 | 37,011 | 164 | 2,105 | 0 |
Quality Earnings: PATELENG has a large one-off gain of ₹856.2M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: PATELENG's current net profit margins (6.5%) are higher than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PATELENG's earnings have grown significantly by 42.2% per year over the past 5 years.
Accelerating Growth: PATELENG's earnings growth over the past year (64.7%) exceeds its 5-year average (42.2% per year).
Earnings vs Industry: PATELENG earnings growth over the past year (64.7%) exceeded the Construction industry 47.9%.
Return on Equity
High ROE: PATELENG's Return on Equity (9.6%) is considered low.