Power Mech Projects Ltd
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]
- Market Cap ₹ 8,347 Cr.
- Current Price ₹ 2,640
- High / Low ₹ 3,399 / 1,718
- Stock P/E 28.0
- Book Value ₹ 758
- Dividend Yield 0.05 %
- ROCE 17.3 %
- ROE 13.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Dividend payout has been low at 1.41% of profits over last 3 years
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -5.70%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,356 | 1,362 | 1,291 | 1,310 | 1,737 | 2,045 | 1,754 | 2,631 | 3,532 | 4,059 | 4,435 | 4,728 | |
| 1,190 | 1,182 | 1,129 | 1,146 | 1,511 | 1,798 | 1,709 | 2,356 | 3,135 | 3,585 | 3,948 | 4,247 | |
| Operating Profit | 165 | 180 | 162 | 164 | 225 | 247 | 46 | 276 | 397 | 474 | 488 | 481 |
| OPM % | 12% | 13% | 13% | 12% | 13% | 12% | 3% | 10% | 11% | 12% | 11% | 10% |
| 6 | 6 | 7 | 7 | 14 | 9 | 20 | 22 | 13 | 28 | 66 | 72 | |
| Interest | 29 | 32 | 31 | 33 | 50 | 72 | 78 | 76 | 88 | 91 | 86 | 101 |
| Depreciation | 37 | 39 | 40 | 36 | 39 | 36 | 33 | 34 | 41 | 41 | 48 | 65 |
| Profit before tax | 105 | 114 | 98 | 101 | 151 | 148 | -46 | 187 | 282 | 370 | 419 | 387 |
| Tax % | 33% | 35% | 35% | 35% | 37% | 25% | -24% | 25% | 26% | 35% | 28% | 23% |
| 71 | 74 | 64 | 66 | 96 | 111 | -35 | 141 | 209 | 241 | 301 | 298 | |
| EPS in Rs | 28.06 | 25.13 | 21.66 | 22.41 | 32.56 | 37.64 | -11.77 | 47.95 | 70.22 | 76.15 | 95.06 | 94.37 |
| Dividend Payout % | 2% | 2% | 2% | 2% | 2% | 1% | -0% | 2% | 1% | 1% | 1% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 22% |
| 3 Years: | 10% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 60% |
| 3 Years: | 13% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 45% |
| 3 Years: | 11% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 32 | 32 |
| Reserves | 341 | 538 | 602 | 667 | 762 | 871 | 837 | 979 | 1,212 | 1,791 | 2,074 | 2,363 |
| 257 | 235 | 193 | 282 | 365 | 515 | 515 | 510 | 476 | 353 | 637 | 490 | |
| 421 | 491 | 455 | 478 | 644 | 757 | 765 | 983 | 1,254 | 1,240 | 1,590 | 2,192 | |
| Total Liabilities | 1,032 | 1,279 | 1,265 | 1,441 | 1,786 | 2,158 | 2,131 | 2,487 | 2,956 | 3,400 | 4,331 | 5,077 |
| 178 | 192 | 161 | 149 | 155 | 154 | 143 | 152 | 162 | 182 | 270 | 534 | |
| CWIP | 9 | 7 | 8 | 6 | 3 | 3 | 5 | 2 | 2 | 10 | 28 | 9 |
| Investments | 7 | 7 | 9 | 11 | 14 | 14 | 16 | 16 | 14 | 15 | 15 | 15 |
| 838 | 1,073 | 1,086 | 1,276 | 1,613 | 1,988 | 1,967 | 2,317 | 2,778 | 3,193 | 4,019 | 4,518 | |
| Total Assets | 1,032 | 1,279 | 1,265 | 1,441 | 1,786 | 2,158 | 2,131 | 2,487 | 2,956 | 3,400 | 4,331 | 5,077 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | -24 | 91 | 1 | 12 | -63 | 105 | 177 | 159 | 180 | -24 | 388 | |
| -38 | -54 | -12 | -31 | -60 | 4 | -37 | -38 | -91 | -329 | -169 | -127 | |
| 28 | 69 | -74 | 54 | 31 | 69 | -80 | -80 | -99 | 137 | 189 | -250 | |
| Net Cash Flow | 0 | -9 | 5 | 24 | -17 | 10 | -12 | 59 | -32 | -12 | -4 | 11 |
| Free Cash Flow | -34 | -74 | 81 | -20 | -28 | -88 | 80 | 135 | 110 | 116 | -173 | 80 |
| CFO/OP | 29% | 6% | 80% | 24% | 26% | 3% | 292% | 86% | 58% | 53% | 22% | 109% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 73 | 75 | 88 | 82 | 84 | 101 | 89 | 92 | 87 | 116 | 116 |
| Inventory Days | 148 | 107 | 135 | 73 | 23 | |||||||
| Days Payable | 1,066 | 923 | 778 | 630 | 112 | |||||||
| Cash Conversion Cycle | -866 | -743 | -567 | -469 | 82 | 84 | 101 | 89 | 92 | 87 | 116 | 28 |
| Working Capital Days | 6 | 54 | 76 | 87 | 81 | 85 | 90 | 77 | 75 | 101 | 103 | 121 |
| ROCE % | 25% | 21% | 16% | 15% | 19% | 17% | 2% | 19% | 23% | 24% | 21% | 17% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | May 2022 | Mar 2024 | Mar 2025 | May 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Order Backlog (including MDO) INR Cr |
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| Order Inflow INR Cr |
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| O&M Unit Capacity under Management MW |
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| Total Manpower/Workforce Count |
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| Concreting Works Cumulative Volume Lakhs m3 |
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| Erection Works Cumulative Volume Lakhs MT |
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| O&M Domestic Projects Count |
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| Total Ongoing Projects Count |
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Extracted by Screener AI
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Jul
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Announcement under Regulation 30 (LODR)-Retirement
26 Jun - Independent Director Lasya Yerramneni to cease on June 26, 2026 after completing final term.
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Closure of Trading Window
26 Jun - Trading window closes from July 1, 2026 until 48 hours after Q1 FY27 results.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Jun
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
20 Jun - Power Mech wins ₹1,008.90 crore civil and structural works order from JSW Thermal Energy for Salboni project.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Concalls
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Business Segment:[1]