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Earnings Call

Power Mech Projects Earnings Call: Key Takeaways

Power Mech reported FY26 revenue of ₹6,062 Cr (up 16% YoY) and PAT of ₹412 Cr (up 18% YoY), driven by strong O&M and MDO execution.

Why this was an Alfa AlertNot a filter event. Performance was largely in line with expectations and guidance was not materially exceeded by over 5%.
Highlights
Revenue growth16% YoY growth for FY26.
MarginsFY26 EBITDA margin stable at 12.3%; Q4 dip due to labor provisions.
Order book₹55,151 Cr including MDO; ₹7,210 Cr new inflows in FY26.
Demand visibilityStrong medium-term visibility with ₹55,151 Cr order backlog.
Management confidenceOptimistic on energy storage, urban mobility, and high-value EPC opportunities.

Growth

FY26 Revenue grew 16% YoY; EBITDA increased 16% YoY to ₹750 Cr. Q4 revenue grew 14% YoY.

Outlook

Order backlog of ₹55,151 Cr; targeting growth in BOP EPC, O&M, and urban mobility sectors for FY27.

Risks

Cancellation of ₹1,563 Cr BESS order by WBSEDCL; administrative delays in water division impacting execution.

Source

Earnings Call filed with BSE, NSE: POWERMECH. Summary written with AI assistance from the document.

Read the document ↗

Power Mech Projects Ltd: key numbers

Share price
₹2,407.30
Market cap
₹7,611 Cr
Revenue (annual)
₹6,062 Cr
Net profit (annual)
₹364.0 Cr
P/E (TTM)
19.4×Sector 33.0×
Promoter holding
58.42%+0.00% QoQ
FII holding
6.54%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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New Order Win

Power Mech Projects Bags ₹970 Cr Order from Vedanta Power Limited

Power Mech secured a ₹970 Crore O&M contract from Vedanta Power for its 1,200 MW Sakti Thermal Plant. The 60-month engagement covers end-to-end operations and maintenance.

Value
₹970.0 Cr
From
Vedanta Power Limited (Sakti Thermal Plant)
Execution
60 months from date of issuance of LOI/Order Confirmation
thermal plant O&M capacity
1200.0 MW