CIN: L99999MH1949PLC007039
As filed · Updates
BusinessWatchMinormateriality 59 out of 100
What happened
FactCIN: L99999MH1949PLC007039.
Why it matters
CapitSignal interpretationA joint venture commits capital and management time to an asset the company only part-owns.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Debt
RevisedEarlierQ1 FY27
Working capital debt is Rs. 969 crores, term debt is Rs. 324 crores and net working capital days around 137 days.
NowQ1 FY27
Finance cost has come down during the quarter compared to the corresponding quarter by almost Rs. 10 crores.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -98.97%.confidence 60%
Watch next
Fact- Capital commitment and ownership split
- Whether it is consolidated or equity-accounted
- Next year -- next 1 year, we expect to around addition of around INR 8,000 crores to INR 10,000 crores of new (management committed by FY27)
- Based on current visibility, we remain confident of achieving our annual order inflow target while maintaining (management committed by FY27)
Evidence
- Patel Engineering Limited has informed the Exchange regarding 'Press Release for signing of MOU with government of Arunachal Pradesh '.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- JOINT_VENTURE base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%