| Revenue growth | 30% YoY increase to ₹1,609 Cr driven by services and infrastructure. |
|---|---|
| Margins | EBITDA margin at 11.5% vs 12.65% YoY; recovery expected via MDO. |
| Order book | Total backlog at ₹56,729 Cr; ₹4,812 Cr added in H1 FY27. |
| Demand visibility | Strong outlook in thermal power, steel, and data center sectors. |
| Management confidence | Confident, focusing on private sector energy investments and order execution. |
Growth
Revenue grew 30% YoY; H1 FY27 revenue up 28% to ₹3,233 Cr.
Outlook
Management targets ₹12,000 Cr annual order inflow; MDO segment to boost long-term margins.
Risks
EBITDA margins compressed YoY due to lower higher-margin riverbed mineral revenue versus the prior year.
Last quarter's promises, checked
Partly delivered
- Guided ₹12,000 Cr FY27 order inflow → H1 ₹4,812 Cr, ~40% (= PARTIAL; FY open)
- Guided ₹7,300 Cr FY27 revenue → H1 ₹3,233 Cr, ~44% (= PARTIAL; FY open)
- Guided KRBM EBITDA 10–11% → Q1 ~10% (= PARTIAL; low end)
Missed
- Guided 12.5% FY27 EBITDA margin → Q1 11.5% run-rate (= MISS; transcript states 10.8%)
Earnings Call Transcript 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 Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 1,609 Cr (+30% YoY), EBITDA INR 187 Cr (11.55%), PAT INR 88 Cr (5.46%). MDO and O&M scaling; order backlog INR 56,729 Cr.
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