Slide 1: Exchange submission letter for investor presentation
CIN: L99999MH1949PLC007039 May 14, 2026 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: Submission of
Slide 2: Investor Presentation May 2026
Patel Engineering Limited INVESTOR PRESENTATION April, 2026 INVESTOR PRESENTATION May 2026
Slide 3: Snapshot
Snapshot 75 + 350+ INR 1,51,193 Mn Years of Industry Projects Executed Total Order Book Presence 87+ 300+ 15,000+ Dams Constructed KM Tunnels MW Hydro Project 53 14 5.5+ States – Domestic Ongoing Projects Lakh Acres Irrigated Presence 2.96 2 1,200+ Nepal & Bhutan – KM of Roads Book-to-Bill (FY26) In
Slide 4: Q4-FY26 / FY26 Performance
Q4-FY26 / FY26 PERFORMANCE
Slide 5: Key Financials and Operational Highlights
Key Financials and Operational Highlights FY26 Consolidated Performance FY26 – Key Highlights Revenue from FY26 revenue at INR 51,207 Mn Vs INR 50,934 Mn in FY25. EBITDA EBITDA Margin Operations INR 51,027 Mn INR 6,840 Mn 13.40% (6.7)% YoY Diversified Order Inflow – ~ INR 44,000 Mn. 0.2% YoY (100) B
Slide 6: Key Ongoing Project Updates (1/2)
Key Ongoing Project Updates (1/2) Subansiri Hydropower Project Updates Kiru Hydropower Project Updates • Project Value: INR 20,421 Mn. • Project Value: INR 23,258 Mn. • Competition status: 99% • Competition status: 68% Other Update: Other Update: 4 out of 8 units commissioned supplying 1000 MW of cl
Slide 7: Key Ongoing Project Updates (2/2)
Key Ongoing Project Updates (2/2) Teesta VI Hydropower Project Updates Sleemanabad Irrigation Project Updates • Project Value: INR 14,462 Mn. • Project Value: INR 4,794 Mn. • Competition status: 62% • Competition status: 95% Other Update: Other Update: Breakthrough achieved between HRT Face 5A and F
Slide 8: Key Orders Received in Q4-FY26
Key Orders Received in Q4-FY26 Value LOA Received Projects Segment State (INR Mn) Himachal Renuka Ji Dam Project Hydropower 9,101* Pradesh Dorjilung Hydroelectric Power Project Project Hydropower Bhutan 2,307 TOTAL (A) 11,408 Value L1 Projects Segment State (INR Mn) Tasgaon Lift Irrigation - Maharas
Slide 9: New Project Orders Received in FY26
New Project Orders Received in FY26 Value Project Segment State (INR Mn) Urban Kondhane Dam Project Maharashtra 13,189 Infrastructure Arunachal HEO Hydropower Project Hydropower 7,113* Pradesh Nira Deoghar Right Bank Main Canal KM 87 to 135 Irrigation Maharashtra 1,917 TEESTA V Hydropower Project Hy
Slide 10: Order Intake & Order Backlog
Order Intake & Order Backlog Order Intake (At the end of each year, Values in INR. Mn) FY26 Segmental Order Intake – INR 44,008 Mn 50000 1.2 46,787 44,009 Irrigation, 45000 40,742 4.36% 1 40000 35000 0.8 Roads & 30000 Others, 25000 23,186 0.6 18.14% Hydroelectric, 20000 47.54% 0.4 15000 10000 0.2 Ur
Slide 11: Total Order Book
Total Order Book Segment Wise Order Book Client Wise Order Book Project Completion Status 5.28% 2.87% 2.65% 12.09% 1.42% 14.96% 4.76% 37.85% 30.38% 20.50% 16.19% 61.69% 62.66% 22.49% 4.20% Hydroelectric Irrigation Central Government / PSU’s State Government Below 10% 10% - 30% 30% - 50% Tunnel Road
Slide 12: Geographical Presence & Order Book Split
Geographical Presence & Order Book Split 53 Ongoing Projects spread across 14 states domestically and also Jammu and International presence in Nepal and Bhutan with a total project value Kashmir of INR 1,51,193 Mn Himachal Domestic Pradesh Arunachal Sr.No. State No. of Projects Project Value (INR Mn
Slide 13: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement Particulars (INR Mn) Q4-FY26 Q4-FY25 Y-o-Y Q3-FY26 Q-o-Q Revenue From Operations 14,215 16,119 (11.8)% 12,394 14.7% Total Expenses 12,063 13,936 (13.4)% 10,946 10.2% Operating EBITDA 2,152 2,183 (1.4)% 1,448 48.6% EBITDA Margins (%) 15.14% 13.54% 160 Bps 11.68
Slide 14: Annual Consolidated Income Statement
Annual Consolidated Income Statement Particulars (INR Mn) FY26 FY25 Y-o-Y Revenue From Operations 51,027 50,934 0.2% Total Expenses 44,187 43,602 1.3% EBITDA 6,840 7,332 (6.7)% EBITDA Margins (%) 13.40% 14.40% (100) Bps Depreciation and Amortization 1,037 998 3.9% Finance Costs 2,964 3,224 (8.1)% Ot
Slide 15: Company Overview
COMPANY OVERVIEW
Slide 16: Company Overview
Company Overview • Established in 1949, Patel Engineering Limited (PEL) is a leading integrated infrastructure and Revenue & EBITDA Margin engineering, procurement, and construction company, headquartered in Mumbai, with over 50,934 51,027 75 years of experience. 45,441 38,911 • Has completed over 3
Slide 17: Board of Directors & Key Managerial Persons
Board of Directors & Key Managerial Persons Janky Patel | Chairperson & Non- Kavita Shirvaikar | Managing Kishan Lal Daga | Whole Time R V R Kishore | Whole Time Director- Ms. Sudha Navandar | Independent Executive Director Director Director Operations Director Non-Executive Chairperson "Continuing
Slide 18: Marquee Clientele
Marquee Clientele Madhya Pradesh Water Resources Department Investor Presentation 17
Slide 19: Marquee Projects Executed
Marquee Projects Executed Sawrakuddu HE Project - Himachal Pradesh (111 MW) Koyna HE Project - Maharashtra (260MW) First Piano Key Weir in India First Lake Tapping in Asia. Rampur HE Project - Himachal Pradesh (432 Mw) Srisailam HE Project - Andhra Pradesh (900 MW) Ghatghar Dam – Maharashtra 84m hig
Slide 20: Awards & Accolades
Awards & Accolades Recognized as the Recognized as the Fastest Growing Awarded “Quality “Best Emerging Construction Innovation Award Economy - Company - Medium 2025” by the Infrastructure Category at the Institution of Enterprise of India”, Prestigious 23rd Engineers (India) at the 10th Shastra Cons
Slide 21: Business Overview
__ BUSINESS _ OVERVIEW
Slide 22: Business Overview
Business Overview Hydropower & Dam Irrigation & Water Infrastructure Infrastructure • Dams, Underground Works & • Canal Networks & Water Powerhouses Distribution Systems • Tunnelling-Intensive Hydro • Large-Scale Government Projects Irrigation Projects • Government & PSU-Led Projects • Water Resourc
Slide 23: Hydropower & Dam Infrastructure
Hydropower & Dam Infrastructure • Execution of large-scale hydropower and pumped storage engineering, procurement and construction Revenues (INR Mn) 28,145 projects. 24,593 22,061 • Involvement across critical hydro infrastructure components, including dams, tunnels, and underground 20,104 powerhous
Slide 24: Irrigation & Water Infrastructure
Irrigation & Water Infrastructure Revenues (INR Mn) • Execution of large-scale irrigation and water infrastructure projects across India. 13,251 • Focus on development of canal networks, water distribution systems, and associated civil works. 11,387 10,658 • Focus on improving water-use efficiency t
Slide 25: Tunnelling & Underground Engineering
Tunnelling & Underground Engineering Revenues (INR Mn) • Specialised engineering segment focused on underground infrastructure across hydropower and transportation projects. 8,384 7,506 • Expertise in advanced tunnelling techniques including tunnel boring machine and drill-and-blast methods. 6,350 5
Slide 26: Transportation, Urban Infrastructure & Others
Transportation, Urban Infrastructure & Others Revenues (INR Mn) • Execution of transportation infrastructure projects including roads, bridges, rail tunnels, urban connectivity works and others. 7,739 • Participation in highway, railway, and metro-related projects across multiple regions. 6,372 5,48
Slide 27: Strategic Overview
STRATEGIC OVERVIEW
Slide 28: Focused Strategy to Drive Sustainable Growth
Focused Strategy to Drive Sustainable Growth Build capabilities in technology- Focus on high entry-barrier driven execution including segments including hydropower, pumped storage, and tunneling 01 04 tunneling, underground works, and advanced construction methods Leverage strong positioning in Main
Slide 29: Strengthening Balance Sheet & Credit Profile
Strengthening Balance Sheet & Credit Profile Debt Breakup (INR Mn) Total Debt Plus Advances (INR Mn) 22,616 36,067 18,932 29,881 17,521 26,533 16,025 13,451 12,210 22,670 11,870 12,360 7,601 18,092 10,671 11,197 10,015 6,645 6,222 8,469 22,616 10,406 17,521 18,932 16,025 6,850 7,735 6,010 11,870 3,4
Slide 30: Industry Overview
INDUSTRY OVERVIEW
Slide 31: 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 ~56 GW, India is the fifth-largest hydropower producer globally 2% • India’s hydropower potential is around 1,45,000 M
Slide 32: 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 33: Indian Infrastructure & Power – Industry Overview
Indian Infrastructure & Power – Industry Overview Infra Budget Outlay (INR Tn) Record Central Capex National Infrastructure Favourable Policy & The Multiplier Outlay Pipeline (NIP) Expansion Financing Tailwinds Effect 12.2 11.1 11.2 10.0 • Union Budget 2026- • 13,000+ projects, • Infra risk 27 alloc
Slide 34: Financial Overview
FINANCIAL OVERVIEW pep eT
Slide 35: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY23 FY24 FY25 FY26 Revenue From Operations 38,911 45,441 50,934 51,027 Total Expenses 33,295 38,538 43,602 44,187 EBITDA 5,616 6,903 7,332 6,840 EBITDA Margins (%) 14.43% 15.19% 14.40% 13.40% Depreciation and Amortization 809 976 998 1,0
Slide 36: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY25 FY26 Particulars (INR Mn) FY25 FY26 EQUITY 37,768 44,420 Non - Current Assets 39,492 40,904 a) Property Plant & Equipment 12,827 12,550 a) Equity Share Capital 844 992 b) Capital Work in Progress 1,710 1,260 b) Other Equity 37,002 43,408 c) Other
Slide 37: Financial Performance
Financial Performance Revenue from Operation (INR Mn) EBITDA (INR Mn) & EBITDA (%) PAT (INR Mn) & PAT (%)# 7,332 50,934 51,027 6,903 6,840 3,016 2,945 45,441 5,616 2,362 38,911 14.43% 15.19% 14.40% 1,437 13.40% 6.64% 4.64% 5.77% 3.69% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Net W
Slide 38: Capital Market Data
Capital Market Data Share Price up to 31st March, 2026 20% 10% 0% -10% -20% -30% -40% -50% Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Patel Engineering Sensex Price Data (As on 31st March, 2026) INR Shareholding Pattern (As on 31st March 2026) Face Value 1.00
Slide 39: Disclaimer
Disclaimer Patel Engineering Ltd No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 40: Thank You
LoL eke (iii THANK YOU