Patel Engineering Ltd - Company Profile
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Patel Engineering Ltd (Patel Engineering) is a civil construction and infrastructure company. The company is primarily engaged in the construction of dams, tunnels, micro-tunnels, powerhouses, irrigation projects, highways, roads, bridges, railway tunnels, and refineries, as well as real estate and township development. Patel Engineering offers a range of services including engineering, procurement and construction (EPC), earth and rock excavation, heavy construction, development of residential complexes, micro tunneling and marine works. The company's projects serve a diverse clientele across various sectors, including public and private entities involved in infrastructure and real estate. It operates across the global economy, targeting markets that require large-scale infrastructure solutions. Patel Engineering is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Patel Estate Road, Jogeshwari West, Mumbai, Maharashtra, 400102
Website
www.pateleng.com
Telephone
91 22 26767500
No of Employees
4,647
Industry
Construction
Ticker Symbol & Exchange
PATELENG (NSE)
Revenue (2024)
$608.7M
0.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
8.6%
(2024 vs 2023)
Market Cap*
$295.4M
Net Profit Margin (2025)
XYZ
8.2%
(2024 vs 2023)
* As of and is in US$
Patel Engineering Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Engineering, Procurement and Construction (EPC) |
| Earth and Rock Excavation |
| Heavy Construction |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In October, the company announced its plans to sell an additional 9.99% stake in Michigan Engineers Pvt. Ltd. to Welspun Enterprises Limited for INR1 billion. |
| 2024 | Contracts/Agreements | In August, the company and its joint venture partner received a contract, worth INR317.60 crore, from the Government of Maharashtra and boost agricultural productivity and enhance water management in the region. |
| 2024 | Commercial Operation | In July, the company achieved substantial completion of its Tunnel T-15 and part Tunnel T - 14 project, representing a major milestone in the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project. |
Competitor Comparison
| Key Parameters | Patel Engineering Ltd | NCC Ltd | KEC International Ltd | IRB Infrastructure Developers Ltd | Hindustan Construction Co Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Hyderabad | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Telangana | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 4,647 | 7,366 | 7,692 | 3,258 | 910 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kavita Sanjiv Shirvaikar | Managing Director | Executive Board | 2024 | - |
| Rahul Agarwal | Chief Financial Officer | Senior Management | 2024 | - |
| R V R Kishore | Executive Director | Senior Management | - | - |
| Shobha Shetty | Secretary; Compliance Officer | Senior Management | - | - |
| Janky Rupen Patel | Chairman | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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