Patel Engineering reported FY26 revenue of ₹5,103 crore and secured new orders worth ₹4,400 crore, diversifying across hydropower, irrigation, and urban infrastructure.
The company's order book stands at ₹15,119 crore, with hydropower comprising 63%, and it is L1 for an additional ₹1,600 crore of orders entering FY27.
Patel Engineering reduced gross debt by ₹458 crore to ₹1,187 crore through a rights issue and monetized ₹185 crore in non-core assets during FY26.
Management provided FY27 revenue growth guidance of 10% and expects to secure ₹8,000 crore in new orders, supported by a strong ₹60,000 crore bidding pipeline.