PATELENG
UNDERVALUEDPatel Engineering Limited
Infrastructure · NSE
↑ 53.8% vs fair value
52W Low
₹22
+13.4% from low
52W High
₹49
-48.7% from high
Valuation Gauge
Current Price
₹25
Fair Value
₹54
Fair Value Analysis
₹54
Based on balance sheet strength analysis and earnings growth potential for Infrastructure sector companies | Sector-cheap: P/E at 15th percentile vs sector peers. | COVID-resilient: PAT dropped from ₹154Cr (FY2019) to ₹-291Cr (FY2021) during COVID but has fully recovered.
Balance Sheet Value
55% weight
Growth Valuation
46% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 6.8% is below the Infrastructure sector benchmark of 15%
Debt & Leverage
D/E ratio of 0.4x is well within the Infrastructure sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 7.4x trades at a 93% discount to Infrastructure sector median (112x) — attractively valued
Cash Flow
FCF margin of 6.1% — healthy cash generation (₹273 Cr)
Earnings Growth
5yr EPS CAGR of 50.9% is in line with the Infrastructure sector average of 42.2%
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
14.1%
Free cash flow / market cap
Revenue Growth (YoY)
+16.1%
Year-on-year revenue change
Profit Growth (YoY)
+2.6%
Year-on-year PAT change
Operating Cash Flow
₹363 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹3.3
P/E Ratio
7.4x
P/B Ratio
0.6x
ROE
6.8%
ROCE
10.7%
Debt / Equity
0.4x
Beta
0.52
Div Yield
—
FCF (Cr)
₹273 Cr
Revenue (Cr)
₹4,507 Cr
EPS Growth 5Y
50.9%
Mkt Cap (Cr)
₹2,332 Cr
52W High
₹48.6
52W Low
₹22
Book Value/Share
₹38.8
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹5.3K Cr | ₹687 Cr | 13.0% | ₹264 Cr | ₹2.57 |
| 2025-03-31 | ₹5.1K Cr | ₹749 Cr | 15.0% | ₹248 Cr | ₹2.50 |
| 2024-03-31 | ₹4.5K Cr | ₹690 Cr | 15.0% | ₹290 Cr | ₹3.19 |
| 2023-03-31 | ₹4.2K Cr | ₹625 Cr | 15.0% | ₹183 Cr | ₹2.02 |
| 2022-03-31 | ₹3.4K Cr | ₹530 Cr | 16.0% | ₹72 Cr | ₹0.85 |
| 2021-03-31 | ₹2.0K Cr | ₹244 Cr | 12.0% | ₹-291 Cr | ₹-3.54 |
| 2020-03-31 | ₹2.6K Cr | ₹185 Cr | 7.0% | ₹11 Cr | ₹0.15 |
| 2019-03-31 | ₹2.4K Cr | ₹377 Cr | 16.0% | ₹154 Cr | ₹2.22 |
| 2018-03-31 | ₹2.3K Cr | ₹531 Cr | 23.0% | ₹105 Cr | ₹1.58 |
| 2017-03-31 | ₹3.9K Cr | ₹421 Cr | 11.0% | ₹-103 Cr | ₹-1.55 |
| 2016-03-31 | ₹4.0K Cr | ₹399 Cr | 10.0% | ₹-196 Cr | ₹-6.04 |
| 2015-03-31 | ₹3.4K Cr | ₹496 Cr | 15.0% | ₹10 Cr | ₹0.26 |
| 2014-03-31 | ₹3.7K Cr | ₹467 Cr | 13.0% | ₹25 Cr | ₹0.51 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Infrastructure| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
KNR Constructions | ₹115 | ₹618.1 | +81.4% | 7.2 | 16.8% | UNDERVALUED |
H.G. Infra Engineering | ₹489 | ₹2,559.4 | +80.9% | 8 | 19.1% | FAIRLY_VALUED |
PNC Infratech | ₹174.3 | ₹553 | +68.5% | 5.6 | 10.8% | FAIRLY_VALUED |
Ashoka Buildcon | ₹112.9 | ₹266.6 | +57.6% | 1.1 | 9.7% | UNDERVALUED |
J.Kumar Infraprojects Limited | ₹456.8 | ₹1,019.7 | +55.2% | 8.8 | 11.7% | UNDERVALUED |
Patel Engineering Limited | ₹25 | ₹54 | +53.8% | 8.6 | 6.8% | UNDERVALUED |
G R Infraprojects | ₹829.5 | ₹1,579.5 | +47.5% | 7.4 | 12.3% | FAIRLY_VALUED |
Dilip Buildcon Limited | ₹403.8 | ₹738.8 | +45.4% | 4.3 | 7.5% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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