* - Tentative Dates
The Company intends to utilize the proceeds raised through the Issue towards funding the following objects:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 8,087.10 | 2,103.93 | -272.93 |
| 31-Mar-22 | 8,510.14 | 3,496.50 | 68.63 |
| Amount in โน Crore | |||
This Company was incorporated in 1949 and over the last seven decades, it has evolved as a construction company specializing in the hydro power generation and irrigation segments. they have engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works and have executed a variety of infrastructure projects in the hydro power, irrigation and water supply, urban infrastructure and transportation segments primarily as civil contractors.
Some of the key projects which have been executed by us include Srisailam Hydro Power Station, Teesta Hydro Electric Project, Kameng Hydro Electric Project, Tuirial Hydro Electric Project, Ghatghar Hydro Electric Project, Parbati Hydro Electric Project, Kalwakurty Lift Irrigation Project, KNT โ 1 & AP-7, 4 lane Madurai to Kanyakumari national highway roads etc. In addition, Patel Engineering has also executed complex engineering projects such as the Double Lake Tap Project at Koyna, Maharashtra which was one of the first of its kind in Asia.
Itโs engineering expertise and dam construction capabilities enable us to undertake large-scale and complex projects. This company believes its consistent track record in execution of such projects pre-qualifies us for bidding for new projects since pre-qualification for bidding is dependent on the past experience of execution of similar projects and financial strength. They believe that these strengths have played a key role in enabling us to secure construction contracts of various dam projects in overseas markets including execution of several projects in countries like the US, Chile, Greece, Qatar, Bhutan and Nepal.