SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
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By
Sumon Mukhopadhyay
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Patel Engineering Ltd: 2nd Quarter 2023 Results
Net profit of Patel Engineering rose, a massive 282.31% to Rs.26.15 crore in the quarter ended September 2022 as against Rs.6.84 crore during the previous quarter ended September 2021.
Sales rose 23.27% to Rs.893.05 crore in the quarter ended September 2022 as against Rs 724.45 crore during the previous quarter ended September 2021.
Patel Engineering, is a Premier Bombay based civil construction Company, specialising in the hydropower sector.
Key Financial Highlights:
π₯Revenue: ₹9.23 billion (up 27% from Q2FY22).
π₯Net income: ₹261.5 million (up 282% from Q2FY22).
π₯Profit margin: 2.8% (up from 0.9% in Q2FY222). The increase in margin was driven by higher revenue.
π₯EPS: ₹0.53 (up from ₹0.15 in 2FY22).
In September, 2022, there was an announcement that Patel Engineering Ltd (Rs.19.10) has allotted 1,25,52,800 equity shares at issue price of Rs.25.36 each for cash at par aggregating to Rs.31.83 Cr Afrin DIA - Category I registered FPI.
This rate somewhat gives the benchmark price of the shares. Therefore buy the shares of Patel Engineering Ltd near the CMP of Rs.19.10, for targets of Rs.24/27/31. SL: Rs.17. Photo: Equity Bulls.
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