ALFA Finder| Revenue growth | Q2 revenue +30% YoY; H1 +28% |
|---|---|
| Margins | EBITDA 11.55% vs 12.65% YoY; up from 10.78% QoQ |
| Order book | INR 56,729 Cr incl. MDO, ~3% YoY growth |
| Demand visibility | Q2 inflow INR 1,890 Cr; Q3 till date INR 1,046 Cr |
| Management confidence | Upbeat; margin uptrend claimed, no numeric guidance |
Growth
Revenue +30% YoY to INR 1,609 Cr; H1 +28%. EBITDA +18% YoY, margin down 110 bps to 11.55%.
Outlook
No numeric guidance; management expects margin uptrend as MDO revenue scales. Order backlog INR 56,729 Cr (~3% YoY).
Risks
Margins compressed 110 bps YoY; H1 operating cash flow negative (INR 2.85 Cr) on INR 257 Cr working-capital outflow.
Last quarter's promises, checked
Partly delivered
- FY27 revenue INR 7,300 Cr → H1 3,241 Cr, 44% (= PARTIAL)
- FY27 order inflow INR 12,000 Cr → H1 3,754 Cr, 31% (= PARTIAL)
- FY27 mining revenue INR 500 Cr → H1 169 Cr, 34% (= PARTIAL)
Missed
- FY27 EBITDA margin 12.5% → Q2 11.55% (= MISS)
- Better cash conversion (no number) → H1 operating CF INR -2.85 Cr (= MISS)
Investor Presentation filed with NSE, NSE: POWERMECH. Summary written with AI assistance from the document.
Power Mech Projects Ltd: key numbers
- Share price
- ₹2,388.50
- Market cap
- ₹7,552 Cr
- Revenue (annual)
- ₹6,062 Cr
- Net profit (annual)
- ₹364.0 Cr
- P/E (TTM)
- 18.9×Sector 33.3×
- Promoter holding
- 58.42%+0.00% QoQ
- FII holding
- 6.33%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Power Mech Projects Ltd
All →Power Mech Projects Earnings Call Transcript: Key Takeaways
Strong growth in Industrial Services and Infrastructure offsets weak Industrial Construction due to legacy project completions.
Power Mech Projects Q2 FY27 Results: Net Profit ₹87.8 Cr, Up 12.4% YoY
Power Mech Projects Ltd reported revenue from operations of ₹1,609 Cr (+30.0% YoY) and net profit of ₹87.8 Cr (+12.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹87.8 Cr · +12.4% YoY
Power Mech Projects Bags ₹489.9 Cr Order from Joint Venture of Elsewedy Electric Power Systems Projects and...
Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.
- Value
- ₹489.9 Cr
- From
- Joint Venture of Elsewedy Electric Power Systems Projects (Branch) and Sinohydro Corporation Limited (Branch), for the Rabigh 2 IPP Expansion Project
- Execution
- 20 months effective from January 1, 2027
Power Mech Projects Board Meeting Date
Power Mech Projects will hold a board meeting on November 11, 2026, to consider Q2 and H1 FY27 unaudited results. The trading window stays closed until November 13, 2026.
Power Mech Projects Bags ₹327.4 Cr Order from Vedanta Aluminium Metal Limited
Power Mech secured a ₹327.35 Crore O&M contract from Vedanta Aluminium for 130 MW coal-fired plant. The 48-month engagement strengthens recurring revenue from key client relationships.
- Value
- ₹327.4 Cr
- From
- Vedanta Aluminium Metal Limited
- Execution
- 48 Months
- coal-fired co-generation plant O&M
- 130.0 MW
Power Mech Projects Debt & Borrowing: ₹469 Cr
Power Mech Projects issued a Rs.469 Crore corporate guarantee for subsidiary KTMPL's project loans from RBL Bank and IDFC First Bank. The guarantee secures Capex for a Coal Handling Plant, railway siding, and R&R Colony.
- Value
- ₹469.0 Cr
- Execution
- Guarantee release by September 1, 2035