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 ₹ 7,912 Cr.
- Current Price ₹ 2,502
- High / Low ₹ 3,243 / 1,718
- Stock P/E 20.2
- Book Value ₹ 797
- Dividend Yield 0.05 %
- ROCE 21.8 %
- ROE 15.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 58.4% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -5.71%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,366 | 1,378 | 1,338 | 1,548 | 2,261 | 2,165 | 1,884 | 2,710 | 3,601 | 4,207 | 5,234 | 6,062 | 6,392 | |
| 1,199 | 1,196 | 1,172 | 1,346 | 1,970 | 1,894 | 1,845 | 2,424 | 3,206 | 3,714 | 4,632 | 5,360 | 5,693 | |
| Operating Profit | 167 | 182 | 166 | 202 | 291 | 271 | 39 | 287 | 395 | 493 | 602 | 702 | 699 |
| OPM % | 12% | 13% | 12% | 13% | 13% | 13% | 2.1% | 11% | 11% | 12% | 12% | 12% | 11% |
| 6 | 6 | 8 | 7 | 15 | 11 | 16 | 14 | 17 | 28 | 45 | 46 | 43 | |
| Interest | 29 | 33 | 33 | 36 | 55 | 74 | 79 | 79 | 90 | 94 | 99 | 116 | 113 |
| Depreciation | 37 | 39 | 41 | 43 | 46 | 39 | 36 | 37 | 43 | 44 | 56 | 75 | 81 |
| Profit before tax | 107 | 116 | 100 | 130 | 206 | 168 | -60 | 185 | 280 | 382 | 491 | 558 | 548 |
| Tax % | 33% | 35% | 36% | 30% | 30% | 22% | -19% | 25% | 26% | 35% | 29% | 26% | |
| 72 | 75 | 65 | 91 | 143 | 131 | -49 | 138 | 207 | 248 | 348 | 412 | 420 | |
| EPS in Rs | 28.33 | 25.54 | 22.00 | 27.02 | 41.37 | 44.65 | -15.52 | 47.28 | 70.17 | 78.50 | 103.26 | 115.12 | 123.75 |
| Dividend Payout % | 2% | 2% | 2% | 2% | 1% | 1% | 0% | 2% | 1% | 1% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 26% |
| 3 Years: | 19% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 58% |
| 3 Years: | 20% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 43% |
| 3 Years: | 8% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 16% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 342 | 540 | 607 | 684 | 805 | 936 | 890 | 1,029 | 1,260 | 1,822 | 2,128 | 2,487 |
| 271 | 251 | 211 | 298 | 380 | 523 | 515 | 531 | 477 | 396 | 735 | 664 | |
| 422 | 499 | 530 | 588 | 728 | 865 | 850 | 1,023 | 1,302 | 1,334 | 1,719 | 2,407 | |
| Total Liabilities | 1,048 | 1,305 | 1,363 | 1,585 | 1,927 | 2,339 | 2,270 | 2,597 | 3,054 | 3,568 | 4,614 | 5,589 |
| 183 | 198 | 206 | 203 | 190 | 188 | 175 | 180 | 189 | 231 | 323 | 429 | |
| CWIP | 17 | 22 | 12 | 6 | 3 | 3 | 5 | 2 | 3 | 11 | 28 | 182 |
| Investments | 0 | 0 | 1 | 0 | 31 | 33 | 41 | 39 | 36 | 37 | 36 | 34 |
| 848 | 1,085 | 1,143 | 1,376 | 1,702 | 2,116 | 2,049 | 2,375 | 2,827 | 3,288 | 4,227 | 4,945 | |
| Total Assets | 1,048 | 1,305 | 1,363 | 1,585 | 1,927 | 2,339 | 2,270 | 2,597 | 3,054 | 3,568 | 4,614 | 5,589 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | -17 | 119 | 36 | 1 | -48 | 122 | 175 | 182 | 205 | 1 | 430 | |
| -45 | -63 | -40 | -42 | -63 | 3 | -47 | -52 | -91 | -373 | -193 | -227 | |
| 42 | 71 | -73 | 50 | 25 | 59 | -91 | -63 | -120 | 176 | 232 | -189 | |
| Net Cash Flow | 1 | -9 | 6 | 44 | -37 | 14 | -16 | 60 | -29 | 7 | 40 | 15 |
| Free Cash Flow | -48 | -75 | 80 | 3 | -25 | -75 | 97 | 135 | 133 | 115 | -159 | 103 |
| CFO/OP | 25% | 11% | 96% | 37% | 21% | 9% | 379% | 82% | 65% | 56% | 25% | 88% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 72 | 80 | 73 | 63 | 91 | 103 | 90 | 91 | 90 | 102 | 93 |
| Inventory Days | 151 | 99 | 131 | 92 | 22 | |||||||
| Days Payable | 1,043 | 859 | 797 | 597 | 96 | |||||||
| Cash Conversion Cycle | -840 | -687 | -585 | -433 | 63 | 91 | 103 | 90 | 91 | 90 | 102 | 19 |
| Working Capital Days | 8 | 52 | 66 | 65 | 59 | 79 | 91 | 75 | 75 | 86 | 74 | 73 |
| ROCE % | 25% | 21% | 16% | 18% | 23% | 18% | 1% | 18% | 22% | 24% | 23% | 22% |
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 |
|
||||||||
| Order Inflow INR Cr |
|||||||||
| O&M Unit Capacity under Management MW ・Standalone data |
|||||||||
| Total Manpower/Workforce Count ・Standalone data |
|||||||||
| Concreting Works Cumulative Volume Lakhs m3 ・Standalone data |
|||||||||
| Erection Works Cumulative Volume Lakhs MT ・Standalone data |
|||||||||
| O&M Domestic Projects Count ・Standalone data |
|||||||||
| Total Ongoing Projects Count ・Standalone data |
|||||||||
Extracted by Screener AI
Documents
Announcements
-
Submission Of Resignation Letter Of Non-Executive And Non-Independent Director
- Power Mech submits missed resignation letter for Non-Executive Director Sajja Lakshmi, already disclosed on August 8, 2026.
-
Submission Of Resignation Letter Of Non-Executive And Non-Independent Director
- Formal resignation letter of Non-Executive Director Sajja Lakshmi submitted after August 8, 2026 disclosure.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Q1 FY27 call: revenue Rs 1,632 crore, EBITDA Rs 176 crore, PAT Rs 89 crore, order inflow Rs 1,864 crore.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Conference call recording for Q1 FY2026-27 financial performance uploaded on August 10, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
Concalls
-
Aug 2026TranscriptPPT REC
-
May 2026Transcript PPT REC
-
Feb 2026Transcript PPT
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Nov 2023TranscriptAI SummaryPPT
-
Sep 2023TranscriptAI SummaryPPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptAI SummaryPPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jun 2021Transcript PPT
-
Mar 2021TranscriptAI SummaryPPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Sep 2020Transcript PPT
-
Jul 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019TranscriptPPT
-
Nov 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
Business Segment:[1]