Investor Presentation
Power Mech Projects delivered strong FY26 financial results, solidifying its position in power and infrastructure. **Business Performance:** The company reported a 14% YoY rise in Q4 revenue to 2,111 Cr and a 16% increase in full-year FY26 revenue to 6,062 Cr.
EBITDA grew 2% in Q4 to 237 Cr and 16% for FY26 to 750 Cr.
PAT for Q4 was 153 Cr (up 22% YoY) and 412 Cr for FY26 (up 18% YoY). EPS stood at 45.09 for Q4 and 115.12 for FY26. Growth was driven by strong execution across segments and ramp-up of MDO operations, despite some administrative delays in the water division. **Growth Drivers or Strategy:** The company is India’s largest O&M service provider with a ~20% market share.
Strategy focuses on expanding into high-value EPC projects (BOP, Water, Roads) and adjacent sectors like metro O&M, alongside building long-term annuity cash flows through O&M and high-margin MDO businesses.
Digital transformation is key for efficiency. **Recent Developments:** Secured 7,210 Cr in new orders for FY26. A major win was the Balance of Plant EPC package for the 1x800 MW Singareni thermal power project, marking entry into high-value integrated EPC.
Also entered metro O&M and saw MDO contracts contribute meaningfully. **Management Commentary / Outlook:** Management expressed optimism about opportunities in energy storage and urban mobility.
The focus for FY227 is disciplined execution, improving profitability, and targeting increased participation in BOP EPC packages, O&M contracts, and energy infrastructure projects.
Total order backlog stands at 55,151 Cr, providing strong visibility for over two years.
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