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Earnings Call

Power Mech Projects Earnings Call: Key Takeaways

Power Mech delivered 16% annual revenue growth in FY26 with stable 12.3% EBITDA margins. Management strategy emphasizes diversifying into O&M, MDO, and BOP EPC packages.

Highlights
Revenue growthFY26 +16% YoY; FY27 guidance ~21% revenue growth.
MarginsEBITDA margin 12.3% in FY26; aiming for 12.5% in FY27.
Order bookTotal backlog ₹55,151Cr; executable book ₹15,899Cr (excluding MDO).
Demand visibilityStrong visibility till FY30 across thermal power, railways, and steel.
Management confidenceHigh confidence in reaching ₹12,000Cr inflow and ramping up MDO production.

Growth

FY26 revenue hit ₹6,107Cr (+16% YoY); PAT hit ₹412Cr (+18% YoY). Q4 revenue grew 13% to ₹2,121Cr.

Outlook

FY27 order inflow target ₹12,000Cr. Projecting 21% revenue growth for FY27; MDO revenue to hit ₹500Cr.

Risks

Cancellation of ₹1,563Cr battery storage project; delays in water division bill certifications impacting working capital.

Source

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

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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