NSE: POWERMECH · BSE: 539302 · ISIN INE211R01019
Power Mech Projects Limited stock analysis
Power Mech Projects Limited ranks #618 in the TickerSutra evidence-ranked universe with a score of 62/100 and 95% data confidence. The latest captured fundamentals show ROCE of 21.7%, quarterly sales growth of 25.5% and quarterly profit growth of 51.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 21.7%
- Low debt/equity of 0.26×
- 19% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,710cr | ₹287cr | ₹138cr | 11.0% |
| 2023 | ₹3,601cr | ₹395cr | ₹207cr | 11.0% |
| 2024 | ₹4,207cr | ₹493cr | ₹248cr | 12.0% |
| 2025 | ₹5,234cr | ₹602cr | ₹348cr | 12.0% |
| 2026 | ₹6,062cr | ₹702cr | ₹412cr | 12.0% |
| TTM | ₹6,392cr | ₹699cr | ₹420cr | 11.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Power Mech Projects Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineInvestor PresentationNSE · 29 Sept 2026Power Mech Projects Limited has informed the Exchange about Investor Presentation
RoutinePower Mech Projects Ltd - 539302 - Announcement under Regulation 30 (LODR)-Investor PresentationBSE · 29 Sept 2026Please find the enclosed Investor Presentation
Positive CatalystPower Mech Projects Ltd - 539302 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderBSE · 28 Sept 2026Power Mech Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RoutinePower Mech Projects Ltd - 539302 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNSE · 25 Sept 2026Please see the attached intimation related to Schedule of Analysts / Institutional Investors Meet
MANAGEMENT COMMENTARY
Signals from filed documents
Strengths, Opportunities and Threats 7.1 Strengths Strength Description Multi-sector service coverage A comprehensive service provider operating across both power and non-power sectors. Market-leading position in operation and maintenance The largest operation and maintenance service provider in the country, backed by full forward and backward integration. Long-tenure order book An order book reinforced by long-term
56 Annual Report 2025-26 Power Mech Projects Limited 7.2 Opportunities Opportunity Description Balance of plant packages The Singareni balance of plant mandate establishes the qualification most state and central tenders apply for an 800 MW unit, and the coal-based capacity addition set out in Section 2.1 generates a continuing flow of comparable packages. Mining and mine developer and operator con- tracts Growing pa
A greater share of recurring, higher- margin businesses provides stronger earnings visibility and greater resilience across market cycles, giving us a more balanced foundation for the next phase of growth. Across domestic and international markets, our focus on quality, safety and reliable execution has enabled us to build relationships with leading organisations and serve them across diverse requirements. Many of th
Plan with contingency, maintain project controls and scheduling systems, and hold safety and quality standards across sites. Client concentration A significant share of revenue is drawn from a limited number of large clients and government entities. A material reduction in their capital programmes would affect revenue disproportionately.
And for the FY27, we are projecting around 21% growth. We are confident of achieving that, and even the MDO business ramp -up of production is happening, and we are more focused on the high -margin O&M business. This year, we are expecting high -value orders in O&M division also.
Extending from extraction into washing and dispatch integration lengthens the margin capture on each mandate. Statutory Reports Company Overview Financial Statements 55 In renewables, the Company continues to pursue opportunities selectively, where they align with its capabilities and margin thresholds, so that growth is achieved alongside margin improvement. Firm dispatchable configurations and standalone storage ar
Safety and reputational exposure Operating heavy machinery on complex sites carries inherent safety risk, and an incident or a compliance failure can give rise to legal consequences and reputational damage. Regulatory compliance Environmental and safety requirements continue to tighten, and changes can delay execution or add cost. J Input cost and supply chain Geopolitical disruption can move steel, cement and other
Nani Aravind: We are doing majorly O&M businesses. We are not into the erection, so there is no impact of price increase in international operations. Domestically, there is increase in the pricing, and at the same time, we are covered with the escalation clauses.
However no investment has been made in the said JV’s as on date of Balance Sheet. #The subsidiary companies have been voluntarily struck off during the year under Section 248(2) of the Companies Act, 2013, as thay have not carried on any business or operational activities during the immediately preceding two financial years and the struck off has been approved by their board of directors vide resolution dated 30th No
Steady Through a Volatile World The global economy grew, supported by resilient consumer spending and steady investment activity, even as escalating conflict in West Asia kept energy markets on edge and slowed growth across the wider region. For a company with meaningful exposure to overseas operations and to raw material costs tied to global commodity cycles, this was a year that demanded discipline over exposure. O
The facility of participation in the AGM through VC/OAVM will be made available for 2,000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), promoters, institutional investors, directors, key managerial personnel, the Chairpersons of the audit committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee Auditor
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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