Power Mech Projects Ltd

Power Mech Projects Ltd

₹ 3,073 0.44%
13 Jun - close price
About

Power Mech Projects Limited, incorporated in 1999, is an engineering and construction company providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators and balance of plant (BOP), civil works and operation and maintenance (O&M). The company undertakes ultra mega power projects, super critical thermal power projects and sub critical power projects.[1][2]

Key Points

Business Units
The company has 5 strategic units namely Industrial Services, Industrial Construction, Infrastructure Construction, Manufacturing & Heavy Fabrication, and Mining. [1]

  • Market Cap 9,717 Cr.
  • Current Price 3,073
  • High / Low 3,725 / 1,699
  • Stock P/E 32.3
  • Book Value 666
  • Dividend Yield 0.03 %
  • ROCE 20.6 %
  • ROE 15.4 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 22.2% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last 3 years: -5.41%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
886 728 752 894 1,158 845 915 1,071 1,228 857 955 1,100 1,523
794 647 667 792 1,029 748 804 942 1,092 760 850 975 1,362
Operating Profit 92 81 85 102 129 98 111 130 136 97 105 124 161
OPM % 10% 11% 11% 11% 11% 12% 12% 12% 11% 11% 11% 11% 11%
6 2 2 2 7 4 4 7 14 14 13 13 25
Interest 22 20 21 24 23 20 25 22 24 20 17 24 26
Depreciation 9 9 10 10 12 10 10 11 11 11 12 12 14
Profit before tax 68 54 57 70 101 72 80 103 115 80 90 102 147
Tax % 26% 25% 26% 27% 25% 33% 36% 42% 30% 28% 28% 30% 27%
50 40 42 51 76 48 51 60 81 58 64 71 107
EPS in Rs 16.95 13.60 14.27 17.21 25.53 16.06 17.23 19.11 25.65 18.22 20.35 22.51 34.00
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,187 1,356 1,362 1,291 1,310 1,737 2,045 1,754 2,631 3,532 4,059 4,435
1,033 1,190 1,182 1,129 1,146 1,511 1,798 1,709 2,356 3,135 3,585 3,948
Operating Profit 154 165 180 162 164 225 247 46 276 397 474 487
OPM % 13% 12% 13% 13% 12% 13% 12% 3% 10% 11% 12% 11%
12 6 6 7 7 14 9 20 22 13 28 66
Interest 26 29 32 31 33 50 72 78 76 88 91 86
Depreciation 33 37 39 40 36 39 36 33 34 41 41 48
Profit before tax 107 105 114 98 101 151 148 -46 187 282 370 419
Tax % 36% 33% 35% 35% 35% 37% 25% -24% 25% 26% 35% 28%
68 71 74 64 66 96 111 -35 141 209 241 301
EPS in Rs 31.19 28.06 25.13 21.66 22.41 32.56 37.64 -11.77 47.95 70.22 76.15 95.06
Dividend Payout % 2% 2% 2% 2% 2% 2% 1% 0% 2% 1% 1% 1%
Compounded Sales Growth
10 Years: 13%
5 Years: 17%
3 Years: 19%
TTM: 9%
Compounded Profit Growth
10 Years: 16%
5 Years: 22%
3 Years: 28%
TTM: 25%
Stock Price CAGR
10 Years: %
5 Years: 76%
3 Years: 88%
1 Year: 22%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 16%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 11 13 15 15 15 15 15 15 15 15 16 32
Reserves 263 341 538 602 667 762 871 837 979 1,212 1,791 2,074
209 257 235 193 282 365 515 515 510 476 353 637
471 421 491 455 478 644 757 765 983 1,254 1,240 1,590
Total Liabilities 953 1,032 1,279 1,265 1,441 1,786 2,158 2,131 2,487 2,956 3,400 4,331
173 178 192 161 149 155 154 143 152 162 182 287
CWIP 7 9 7 8 6 3 3 5 2 2 10 11
Investments 5 7 7 9 11 14 14 16 16 14 15 15
768 838 1,073 1,086 1,276 1,613 1,988 1,967 2,317 2,778 3,193 4,019
Total Assets 953 1,032 1,279 1,265 1,441 1,786 2,158 2,131 2,487 2,956 3,400 4,331

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
26 10 -24 91 1 12 -63 105 177 159 180 -24
-45 -38 -54 -12 -31 -60 4 -37 -38 -91 -329 -169
20 28 69 -74 54 31 69 -80 -80 -99 137 189
Net Cash Flow 1 0 -9 5 24 -17 10 -12 59 -32 -12 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 46 52 73 75 88 82 84 101 89 92 87 116
Inventory Days 119 148 107 135 73 18
Days Payable 919 1,066 923 778 630 102
Cash Conversion Cycle -754 -866 -743 -567 -469 82 84 101 89 92 87 32
Working Capital Days 35 59 104 121 153 138 160 193 143 122 130 150
ROCE % 31% 25% 21% 16% 15% 19% 17% 2% 19% 23% 24% 21%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
63.69% 63.69% 64.17% 64.17% 64.12% 64.05% 60.40% 60.38% 58.29% 58.29% 58.29% 58.29%
4.13% 4.94% 5.14% 4.96% 3.57% 4.16% 4.24% 4.98% 5.24% 4.98% 4.97% 4.74%
8.35% 9.42% 10.27% 10.76% 13.47% 14.53% 18.57% 19.44% 21.65% 23.24% 23.38% 23.39%
23.83% 21.95% 20.41% 20.10% 18.83% 17.25% 16.80% 15.19% 14.82% 13.50% 13.36% 13.57%
No. of Shareholders 15,44716,92516,94821,21521,79125,45923,90726,73029,15649,59460,72362,465

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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