Patel Engineering Announces Financial Results and Approval for Sale of Stake in ACP Tollways Pvt Ltd
Patel Engineering Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved the proposal to sell the Company's entire stake in ACP Tollways Pvt Ltd, an associate company.Financial Highlights for FY2026
The audited financial results indicate the Company’s overall performance for the year ended March 31, 2026.The following table summarizes the key consolidated financial results:
| Particulars | Year Ended March 31, 2026 (Rs. Millions) | Year Ended March 31, 2025 (Rs. Millions) |
|---|---|---|
| Total Income | 52,685.04 | 52,596.24 |
| Total Expenses | 48,188.18 | 47,823.73 |
| Profit before exceptional items and tax | 4,496.86 | 4,772.51 |
| Exceptional Item (net) | 1,620.54 | 1,515.80 |
| Profit before tax | 2,876.32 | 3,256.71 |
| Total Comprehensive Income | 3,029.29 | 2,479.18 |
| Net profit after tax and share in profit/(loss) in associates | 2,691.65 | 2,478.52 |
| Total Assets | 95,218.25 | 95,795.26 |
Transaction Approval: Sale of Associate Stake
The Board of Directors approved the sale of the Company's entire stake in ACP Tollways Pvt Ltd, an associate company. This involves the sale of 84,95,040 equity shares, each with a face value of Rs. 100.The proposed transaction is subject to receiving necessary approvals from the associate company's lenders. The agreed consideration anticipated from the sale is Rs 55 crore.
Details regarding the transaction are presented below:
| Details | Value / Status |
|---|---|
| Turnover/Revenue Contributed (FY25) | nil |
| Net Worth as of March 31, 2025 | Rs. 38.76 crore (1.02% of consolidated net worth) |
| Profit as of March 31, 2025 | Rs. 18.84 crore (7.78% of consolidated net profit) |
| Carrying Value of Investment (as of March 31, 2026) | Rs. 26.03 crore |
| Agreed Consideration to Receive | Rs 55 crore |
| Expected Date of Completion | Before end of March 31, 2027 |
| Buyer Status | Proposed buyer does not belong to the promoter/promoter group/group companies. |
Segment and Geographical Performance
Primary Segment PerformanceThe Company reported segment revenues of 14,214.75 million for Civil Construction and 9.25 million for Real Estate, totaling 14,214.75 million in total segment revenue for the quarter ended March 31, 2026.
Geographical Performance
Consolidated segment revenue for the quarter ended March 31, 2026, was 14,214.75 million, primarily composed of:
- Within India: 13,681.55 million
- Outside India: 533.20 million
The consolidated total segment assets for the year ended March 31, 2026, amounted to 95,218.25 million.
Standalone Financial Status
The Standalone audited results for the year ended March 31, 2026, reflected total income of 14,441.47 million, with total expenses recorded at 13,086.89 million. The overall comprehensive income for the standalone entity was 969.03 million.Standalone Financial Data Comparison (Rs. Millions)
| Particulars | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.25 (Audited) |
|---|---|---|
| Total Income | 14,441.47 | 52,162.07 |
| Total Expenses | 13,086.89 | 47,344.21 |
| Total Comprehensive Income | 969.03 | 2,594.92 |
PATELENG Stock Price Movement
Shares of Patel Engineering Limited today slipped by 1.58% to close at ₹26.7. The stock traded on robust volume, recording a total turnover of nearly 5.9 million shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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