Slide 1: Submission of Investor/Analysts Presentation to exchanges
CIN: L99999MH1949PLC007039 November 13, 2025 To, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 Company Code No. 531120 Company Code: PATELENG Dear Sir/Mam, Subject: Submissio
Slide 2: Investor Presentation Q2 FY26
Patel Engineering Limited INVESTOR PRESENTATION Q2 FY26
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides have been prepared by Patel Engineering Ltd. (the “Company”), and have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Company Overview
Company Overview Kiru Hydro Power Project, Jammu & Kashmir
Slide 5: About Patel Engineering Ltd
About Patel Engineering Ltd Patel Engineering Limited, founded in 1949 and headquartered in Mumbai, is a prominent player in the civil engineering construction segment. With over seven decades of experience, the company has successfully constructed various heavy civil engineering works such as dams,
Slide 6: Vision & Mission
Conference Centre cum Secretariat Complex, Bhutan Vision & Mission Vision Mission Deliver comprehensive and effective solutions to To be the pioneers in the industry and a market- clients through our profound experience and driven organization known for its commitment technological prowess, while co
Slide 7: Key Facts and Figures
Key Facts and Figures 7+ Decades 14 States 15,000+ 87+ Experience Current Domestic Presence MW Hydro Project Dams 300+ Kms 5.5+ Lakhs 1,200+ Kms ₹ 1,51,464 Mn of Tunnels Acres Irrigated Road Order book ₹ 12,085 Mn ₹ 1,587 Mn 13.13% ₹ 773 Mn Q2 FY26 Revenue Q2 FY26 Op. EBITDA Q2 FY26 Op. EBITDA Margi
Slide 8: Market Potential and Opportunities
Market Potential and Opportunities ₹ 11.21 Lac Cr 15,000+ MW 66,000+ MW Infrastructure Sector Budget 3.4% of GDP Hydro Projects Arunachal Pradesh Pumped Storage Projects Under Survey & Investigation 76,000+ MW ₹ 6,70,000 Mn ₹ 82,598 Mn Hydroelectric capacity – Transmission Plan Budget Allocation for
Slide 9: Consolidated Results Highlights
Consolidated Results Highlights Operating Revenue (₹ in Mn) Op. EBITDA (₹ in Mn) Net Profit (₹ in Mn) 15.31% 12,084.69 11,743.25 807.75 773.47 1,622.02 1,586.72 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Investor Presentation Q2 FY26 8
Slide 10: Q2 FY26 Consolidated P&L
Q2 FY26 Consolidated P&L Particulars (₹ in Mn) Q2 FY26 Q2 FY25 Y-o-Y H1 FY26 H1 FY25 Y-o-Y Total Revenue from Operations 12,084.69 11,743.25 2.91% 24,419.14 22,759.84 7.29% Cost of Material Consumed 2,438.16 1,776.14 5,654.76 3,938.14 Cost of Construction 6,560.12 6,782.83 12,600.62 12,158.16 Employ
Slide 11: Consolidated Balance Sheet Highlights
Consolidated Balance Sheet Highlights Particulars (₹ in Mn) Sep-25 Mar-25 Particulars (₹ in Mn) Sep-25 Mar-25 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 844 844 Property, plant and equipment 12,665 12,827 (b) Other equity 38,490 37,002 Goodwill 230 230 Capital work‐in‐progress 1,684
Slide 12: Standalone Results Highlights
Standalone Results Highlights Operating Revenue (₹ in Mn) Op. EBITDA (₹ in Mn) Net Profit (₹ in Mn) 15.31% 809.14 11,977.69 11,545.53 643.43 1,519.44 1,509.64 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Investor Presentation Q2 FY26 11
Slide 13: Q2 FY26 Standalone P&L
Q2 FY26 Standalone P&L Particulars (₹ in Mn) Q2 FY26 Q2 FY25 Y-o-Y H1 FY26 H1 FY25 Y-o-Y Total Revenue from Operations 11,977.69 11,545.53 3.74% 24,222.58 22,369.91 8.28% Cost of Material Consumed 2,438.16 1,776.14 5,654.76 3,938.14 Cost of Construction 6,538.49 6,692.62 12,568.90 11,979.47 Employee
Slide 14: Standalone Balance Sheet Highlights
Standalone Balance Sheet Highlights Particulars (₹ in Mn) Mar-25 Mar-25 Particulars (₹ in Mn) Mar-25 Mar-25 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 844 844 Property, plant and equipment 11,526 11,565 (b) Other equity 38,438 37,099 Capital work‐in‐progress 234 247 Right of use ass
Slide 15: Consolidated Debt Highlight
Consolidated Debt Highlight In ₹ Mn FY25 Q2 FY26 FY25 Q2 FY26 5,598 6,645 10,015 5,291 Total Debt + Total Debt + Total Debt 6,010 10,141 Total Debt 16,025 15,432 Advances Advances 22,670 21,030 16,025 15,432 Term Debt Working Capital Debt Term Debt Working Capital Debt Total Debt Contractee Advance
Slide 16: Consolidated Interest Breakup
Consolidated Interest Breakup In ₹ Mn Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 In ₹ Mn 142.91 296.55 316.13 162.25 Total Total Total Total Interest Interest Interest Interest 153.36 366.75 1,634.05 251.90 1,491.06 793.05 131.79 760.42 970.75 923.03 496.78 466.38 Interest to Lenders Interest to Lenders Intere
Slide 17: Working Capital Movement
Working Capital Movement Net Working Capital ( In Days ) 297 194 168 160 169 145 127 125 114 104 110 96 FY21 FY22 FY23 FY24 FY25 H1 FY26 Net Working Capital Adjusted Net Working Capital Adjusted Net Working Capital excludes borrowings, arbitration claims, current investment, cash & bank balance and
Slide 18: Long Term Rating
Long Term Rating: Rating Agency Infomerics India Ratings Acuite Ratings & Research Current Rating A- A- A- (Long Term) Current Rating A2+ A2+ A2+ (Short Term) Outlook Stable Stable Stable Last Review 04 June, 2025 28 April, 2025 01 August, 2025 A- BBB + BBB BBB - B+ FY21 FY22 FY23 FY24 FY25 Investor
Slide 19: Q2 FY26 Operational Highlights
Q2 FY26 Operational Highlights Mantalia Tourist Facility, Jammu & Kashmir
Slide 20: Key Operational Highlights
Key Operational Highlights Lower Subansiri Hydro Electric Project 2,000 MW • Successful completion and formal inauguration of the Control Building at the 2000 MW Lower Subansiri Hydro Electric Project (LSHEP) • The Control building is the nerve centre for operational command and monitoring of ` the
Slide 21: Key Operational Highlights
Key Operational Highlights CIDCO TWT-2 Water Tunnel Project • A record breaking 752.15 meters of tunneling achieved in a single month (July 2025) ` with a single rail track and two mining • This tremendous feat was accomplished locomotives. Kwar Hydropower Project in Jammu & Kashmir • Successfully a
Slide 22: Key Operational Highlights
Key Operational Highlights PGRW Water Tunnel Project in Maharashtra • Successfully achieved tunnel breakthrough at the Powai Ghatkopar Remaining Works (PGRW) project, executed for the Municipal Corporation of Greater Mumbai (MCGM) ` • The achievement marks the completion 2.045 km from the SCI shaft
Slide 23: Awards and recognition
Awards and recognition • Recognized as the Fastest Growing Construction Company – Medium Category at the Prestigious 23rd Construction Times Global Awards 2025 Fastest Growing Construction Company • Successfully achieved 11 million safe man hours at the Parnai HEP, a testament to our unwavering comm
Slide 24: Recent order win
Recent order win Hydropower Project Project Name: Teesta V Power Station Project Location: Sikkim Client: NHPC Ltd Brief Description: The scope of works includes the construction of the tunnel spillway, gate operation chamber and shaft, precast bridge, access road, energy dissipation structures, dyk
Slide 25: Order Book Break Up
Order Book Break Up Swarakuddu HEP, Himachal Pradesh
Slide 26: Strong Order Book
Strong Order Book 2,08,067 1,86,630 1,50,110 1,52,176 1,51,464 1,44,660 c FY21 FY22 FY23 FY24 FY25 Q2 FY26 Investor Presentation Q2 FY26 25
Slide 27: Order Book Break Up
Order Book Break Up Segment Wise Order Book Client Wise Order Book Project Completion Wise Order Book 3.97% 6.40% 1.66% 9.80% 1.30% 6.69% 30.42% 36.14% 25.75% 19.96% 61.89% 62.56% 14.11% 19.35% Below 10% 10% - 30% 30% - 50% 50% - 70% 70% - 90% 90% - 100% Hydroelectric Irrigation Tunnel Road Others C
Slide 28: Order Book Break Up by State
Order Book Break Up 50 Ongoing Projects Across 14 States Domestically and an Jammu and Kashmir International Presence in Nepal with a Total Project Value of ₹ 1,51,464 Mn Himachal Pradesh Domestic In ₹ Mn. Sr.No. State No. of Projects Project Value Arunachal 1 Jammu & Kashmir 5 37,382 Sikkim Pradesh
Slide 29: Major Projects Under Execution
Major Projects Under Execution Subansiri Hydropower Project, Assam & Arunachal Pradesh Hydro Power Irrigation Tunneling Road o Subansiri HEP (2,000 MW) o Rihand Micro Irrigation Project o Amarmahal to Trombay Tunnel o Katraj Kondwa Road o Dibang Multipurpose Project (2,880 o Sleemanabad Carrier Cana
Slide 30: Major Project Under Execution - Hydro Power Projects
Major Project Under Execution - Hydro Power Projects Dibang Multipurpose (2,880 MW) Subansiri HEP (2,000 MW) Kiru HEP (624 MW) KWAR HEP(540 MW) Kundah PSP (500 MW) Teesta VI HEP (500 MW) Shongtong HEP (450 MW) Luhri HEP (210 MW) Investor Presentation Q2 FY26 29
Slide 31: Some Major Clients
Some Major Clients RVNL-KTR Railway Project, Chattisgarh Investor Presentation Q2 FY26 30
Slide 32: Superior execution proficiency: Tunneling Project
Superior execution proficiency: Tunneling Project Sela Pass – a globally recognized engineering marvel • Purpose: To provide connectivity between Assam and Tawang in Arunachal Pradesh throughout the year • Strategic significance: Enables troops and supplies to be deployed / transported faster to the
Slide 33: Superior execution proficiency: Hydropower Project
Superior execution proficiency: Hydropower Project Subansiri Lower HEP: Strategic milestone in clean energy • Purpose: A run-of-river hydroelectric project aimed at enhancing India’s shift to clean, non-fossil energy, aligning with India’s commitment to net-zero emissions by 2070 • Strategic signifi
Slide 34: Industry Overview
Industry Overview Parbati Hydropower Project, Himachal Pradesh
Slide 35: India Power Industry Overview
India Power Industry Overview Power Generation - A Prime Focus • Globally, India is the third-largest producer and consumer of electricity • As of September 2025, non-fossil fuel sources accounted for 256.09 GW, which represents a remarkable 51% of total installed power generation capacity. • Rising
Slide 36: Hydro Power Overview
Hydro Power Overview Hydro Power – a Keen Effort by the Government to Boost Energy Generation Share in Total Power Generation installed Capacity • With a total installed capacity of 54.48 GW, India has surpassed Japan to become the fifth-largest hydropower producer 2% • India’s hydropower potential
Slide 37: Pumped Hydropower Storage (PHS)
Pumped Hydropower Storage (PHS) PHS – a Key Facilitator of Variable Renewable Energy (VRE) in India • VRE such as wind and solar are being connected to the grid at a rapid pace owing to their low cost of installation and the thrust on sustainable & green energy • Due to dependency of VRE on time / s
Slide 38: Micro Irrigation The Way Forward
Micro Irrigation The Way Forward Importance of Micro Irrigation • Micro-irrigation increases water efficiency by as much as 50%-90% • Water savings are in the range of 30-50% compared to flood irrigation, with an average of 32.3% • Electricity consumption is drastically reduced • Micro-irrigation sa
Slide 39: Management Overview
Management Overview Sela Road & Tunnel Project, Arunachal Pradesh
Slide 40: Professional & Experienced Board of Directors (1/2)
Professional & Experienced Board of Directors (1/2) Janky Patel Kavita Shirvaikar Chairperson & Non-Executive Director Managing Director Ms. Janky Patel, a BA graduate, represents the Promoter group and is backed by a strong Mrs. Kavita Shirvaikar, a Chartered Accountant and ICWAI graduate with over
Slide 41: Professional & Experienced Board of Directors (2/2)
Professional & Experienced Board of Directors (2/2) Dr. Emandi Sankara Rao Shambhu Singh Independent Director Independent Director Dr. Rao, an IIT Bombay PhD, has extensive experience in management and engineering across the Mr. Shambhu Singh is a retired I.A.S officer with a Master’s degree in Econ
Slide 42: Way Forward
Way Forward Tunnel T-15 / Part T-14 Project, Jammu & Kashmir
Slide 43: Unlocking Growth Potential: Key Investment Highlights
Unlocking Growth Potential: Key Investment Highlights Extensive 75+ years experience with a solid track record of executing 01 prestigious and strategically significant infrastructure projects in India Well-positioned to leverage leading position in the hydroelectric, 02 pumped storage and tunneling
Slide 44: Thank You
For further information, please contact: Company : Patel Engineering Ltd. (BSE: 531120 | NSE: PATELENG) Mr. Aditya Bajaj Investor Relation & Marketing Email: investors@pateleng.com Investor Relations Advisors : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pe