Patil Automation Ltd. (PATILAUTOM)
SME CapIT stocks · SME cap · NSE
Patil Automation Limited is a Pune-based engineering company designing and delivering turnkey automation systems for manufacturing industries. It specializes in intelligent assembly and production lines, integrating robotics, controls, and precision engineering. Serves automotive, EV, renewable energy, heavy engineering, defense, and consumer goods sectors.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Average · 30/100YoY data unavailable — classification deferred
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹95 Cr | NDF | +33.8% |
| EBITDA | ₹14 Cr | NDF | +40.0% |
| Operating margin | 15.0% | NDF | +0 bps |
| PAT | ₹12 Cr | NDF | +50.0% |
| PAT margin | 12.6% | NDF | +136 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
Patil Automation reported strong standalone FY26 performance with Total Income up 28.49% YoY to ₹156.82 Cr, EBITDA up 38.55% YoY to ₹26.69 Cr (17.02% margin), and Net Profit up 35.41% YoY to ₹15.85 Cr (10.10% margin). Consolidated FY26 results show Total Income of ₹172.79 Cr, EBITDA of ₹30.65 Cr (17.74% margin), and Net Profit of ₹17.78 Cr (10.29% margin).
While standalone FY26 results show robust growth in income and profitability, consolidated figures lack prior year comparisons. Negative operating cash flow for FY26 and minimal standalone EPS growth (1.18%) despite strong PAT growth due to increased share count are concerning. Execution in new segments and sustained positive cash generation are critical for thesis validation.
Industry-wise Revenue Bifurcation % (FY26)
Latest issuer-disclosed distribution across 2 reported categories.
Sector Diversification
Entry into defense, railways, infrastructure, and solar automation broadens market base and reduces cyclicity.
Technology Integration
Acquisitions of Mii Robotics and Pentaco strengthen robotics, vision systems, and defense automation capabilities.
Order Book Strength
Healthy and expanding pipeline from leading OEMs ensures sustained revenue visibility.
Capacity Expansion
New 59,000 sq. ft. facility and Faridabad facility are expected to drive 2x revenue potential through higher throughput.
Faridabad Manufacturing Facility
New 15,000 sq. ft. facility commissioned in Faridabad, Haryana, in April 2026, strengthening execution and North India access.
Advanced Design Hub
New 13,000 sq. ft. engineering & design center inaugurated in Pune, expanding in-house design capabilities with seating for 160+ professionals.
Chakan Facilities
Operates 3 manufacturing facilities at MIDC Chakan, Pune, with a combined area of ~2 lakh sq. ft. and annual capacity of ~3500 units.
India Automation Boom
Government programs like Make in India & Digital India, technological leaps (IoT, AI, robotics), and manufacturing growth are accelerating automation adoption.
India Welding Line Market Growth
Valued at USD 677.51 million in 2024, projected to reach USD 1,042.56 million by 2033 (CAGR 4.91%), driven by industrial modernization.
India Assembly Line Market Growth
Valued at USD 1.0 billion in 2024, projected to reach USD 2.2 billion by 2033 (CAGR 8.64%), reflecting transition to high-throughput assembly.
Global Automation Market Growth
Global market size forecast for 2034 is USD 569.27 billion, growing at a CAGR of 9.31% (2025-34).
General Business Risks
Forward-looking statements are subject to known and unknown risks, uncertainties, and assumptions, including performance of the Indian economy and international markets.
Competition
The company faces competition within the industry in India and worldwide, which could impact performance.
Technological Implementation
Risks include technological implementation, changes, and advancements, which could affect the company's strategy.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Standalone results provide clear YoY comparisons for H2 FY26 and full FY26, showing strong operational momentum. Consolidated results are presented for the first time for FY26, lacking prior year comparatives due to recent subsidiary acquisitions.
Capacity Utilization
Operating at ~85% capacity utilization (FY 2026) across 3 manufacturing facilities at MIDC Chakan, Pune.
Order Book
Currently maintaining a strong order book of ₹100+ Crore from leading automotive and engineering clients.
Total Income CAGR (FY23-FY26)
Total Income grew at a CAGR of 23.95% from FY23 to FY26.
EBITDA CAGR (FY23-FY26)
EBITDA grew robustly at a CAGR of 42.31% from FY23 to FY26.
FY26 Performance
Mr. Manoj Pandurang Patil, MD, stated FY26 was a 'landmark year' with strong growth across financial and operational parameters, reflecting healthy demand and disciplined execution.
Capability Strengthening
Management highlighted strengthening capabilities through commissioning the Faridabad facility and inaugurating the Advanced Design Hub in Pune.
New Market Entry
The company marked its entry into emerging clean energy opportunities through the incorporation of PAL Green Energy.
Future Outlook
Management believes a healthy order pipeline, expanding capabilities, and focus on operational excellence position the company to sustain growth momentum.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Order Book Growth & Diversification | ₹100+ Crore, primarily from automotive and engineering clients. | Sustained growth in order book value and increasing contribution from non-automotive sectors to reduce concentration risk. |
| Operating Cash Flow | -₹4.38 Cr in FY26. | Improvement to positive and sustained operating cash flow to fund growth and reduce reliance on financing activities. |
| Non-Automotive Revenue Mix | 33% of total revenue in FY26. | Increase in the share of non-automotive revenue to demonstrate successful diversification and reduce cyclicality from the automotive sector. |
| Standalone EPS Growth | 1.18% YoY in FY26 (₹7.71 vs ₹7.62). | Significant improvement in EPS growth, indicating effective utilization of capital raised and accretion from new projects. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
70Bullishfull bull SMA stack · SMA20 +23.9% / mo · RSI overbought · MACD + · near 52W high
Technical chart
PATILAUTOMdaily · 1Y · AUTO+80.4%Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 74.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~19.3% over last month) — short-term momentum positive.
- RSI(14) at 74 — overbought zone; risk of mean reversion.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 3% of 52-week high — testing resistance.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & score drivers
U-Score 13 · OVERVALUED · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 13 · OVERVALUED · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
OVERVALUEDWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Balance sheet contributes 10/15 to the score.
- Growth contributes 2/25 to the score.
- Quality contributes 1/20 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -363.9%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: Claim history is still being built. It ranks around the 35th percentile of the scored universe and 32nd percentile within IT. Main check: cash conversion is weak at 28/100.
Healthy Trust Lite: Promoter holding is 69.3%. Key concern: Operating cash flow is negative at ₹-1 Cr.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · IT: 32nd pctile, median 69 · SME: 41st pctile, median 64
4 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 69.3%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-1 Cr.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 34.30
- P/B
- 4.39
- EV/EBITDA
- 22.54
- Market Cap
- 610.00Cr
Profitability
- ROE
- 12.80%
- ROCE
- —
- ROA
- 8.56%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- —
- EPS 5Y
- —
- Revenue 3Y
- —
- EPS 3Y
- —
Balance Sheet
- Debt/Equity
- 0.15
- Interest Coverage
- 12.00×
- Altman Z
- 6.48
- Book Value
- 63.50
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -1.00 Cr
- EPS TTM
- 8.15
Shareholding
- Promoter Hold
- 69.29%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 97%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
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Peers
Business-comparable names in IT, ranked by similarity
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.