Power Mech Projects Limited share price

NSE: POWERMECH · ISIN INE211R01019

Key numbers

Market cap
₹ 7,611 Cr
Current price
₹ 2,407.30
52-week high / low
₹ 3,008 / 1,718
Stock P/E
19.5
Book value
₹ 796.6
Dividend yield
0.06%
ROCE
21.5%
ROE
15.6%
Debt to equity
0.25
Sales growth (3 yrs)
18.9%
Profit growth (3 yrs)
20.3%
1-year return
-16.1%

About Power Mech Projects Limited

Power Mech Projects Limited, together with its subsidiaries, provides services in power and infrastructure sectors in India and internationally. The company engages in the erection, testing, and commissioning of boilers, turbines, and generators; balance of plant (BOP), civil works and operation and maintenance (O&M); and overhauling and renovation of thermal power plants, as well as undertakes projects in the power, hydro, railway, roads and highways, irrigation, nuclear, refinery, petrochemical, oil and gas, and steel sectors. It also provides electrical transmission and distribution; industrial construction and services for power and non-power industries; and mine development operations, as well as deals in renewable energy, such as solar parks, onshore wind, battery energy storage systems, pumped storage projects, and green hydrogen and its derivatives. In addition, the company engages in the infrastructure development, and advisory and consulting business; exploring, design and engineering, developing, operating, and working on mines; recycling of wastes generated; mining sand; mining and quarrying of river bed minerals; and installation and repair of electric power and…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2931,2381,4202,1111,624
Operating profit171147160227167
Net profit53759414380
EPS (₹)16.6123.7029.7345.0925.23

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • For quarter one FY27, the company recorded total revenue of INR 1,632 crores, reflecting 26% growth over the same quarter last year.
  • Profit after tax after minority interest stood at INR 80 crores, compared with INR 53 crores in Q1 FY26, reflecting a 53% increase over Q1 FY26.

Growth & demand

  • The O&M business continued its steady growth, contributing INR 431 crores an 8% increase year-on-year, supported by new order inflows during the year.
  • The civil segment, including roads, railways and water distribution projects, contributed INR 796 crores, registering a 28% year-on-year growth.

Margins & costs

  • EBITDA for the quarter was INR 176 crores at a 10.8% margin, representing a 3% decline year -on-year.
  • The remaining 94% to 95% of business comprising our core business EBITDA margin is 10% to 11%, considering the higher margin O&M business and contribution from MDO, blended EBITDA margin in the range of 12 to 13% Got it, got it.

Capex & expansion

  • And recently JSW has entered the fray with two major plants coming up near Salboni in West Bengal ,and other one in Assam, four units each of unit size 800mw and 6,400 megawatt as the total add on capacity, and they are going to invest substantially of more than Rs 70000cr in both the projects.
  • There are also a lot of investments will come up in the steel sector also that we have to see with all the players, particularly the JSW is planning a huge capacity expansion in Paradeep and then their existing plants and also putting up a greenfield plant in Maharashtra.

Balance sheet & cash

  • Yes, one is the financial capacity and working capital management, I will bring out the physical capacities.
  • In addition to that sir, what Ramaiah sir said, from working capital perspective , 30% of our revenue is comes from the O&M business where there are limited material and equipment requirement.

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