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Power Mech Projects Ltd

Q1 FY26Construction

Power Mech Projects Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹2,502
Market cap₹8.1K Cr
P/E22.4
Updated23 Aug 2026
Read4 min read

The short version

FY '26 revenue target set at INR 6,500 crores, expecting 25% YoY growth with stable EBITDA margin (Page 4). For FY '26, Power Mech Projects Limited targets revenue of INR6,500 crores, with a 25% YoY growth and stable EBITDA margins similar to FY '25.

From Power Mech Projects Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY '26 revenue target set at INR 6,500 crores, expecting 25% YoY growth with stable EBITDA margin (Page 4).
  • Company confident of achieving growth due to around 14,000 crores in orders and 40% conversion of opening order book annually (Page 12).
  • MDO (Mining Development Operations) business ramping up steadily and expected to drive significant growth (Page 4, 13).
  • Plans to complete water works and scale up O&M operations across 215 Gram Panchayats in the current year to boost revenues (Page 17).
  • Mining revenue guidance of around INR 300-350 crores for FY '27 with margins expected to improve to ~22% on peak capacity from 15-16% currently (Page 13).

2 more points management made on revenue & sales performance

Profitability & Margins

See what Power Mech Projects Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Major equipment designs for the washery have been completed; LOIs issued to vendors with ongoing orders and mobilization at the washery site (Page 4).
  • SAIL's coal offtake is constrained due to limited external washery capacity; efforts ongoing to resolve constraints and ramp up production in coming quarters (Page 4).
  • No new MDO bids planned until current projects reach peak rated capacity; focus on stabilizing and ramping up existing MDO operations (Page 13).
  • Potential to consider additional MDO projects in iron ore based on future revenue augmentation and network growth (Page 13).

2 more points management made on capital expenditure plans

Top-ranked in Construction

Ranked on what management guided this quarter

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3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Power Mech Projects Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of August 12, 2025, total order backlog stands at INR 53,972 crores.
  • Excluding two MDO projects, executable order book is INR 14,391 crores.
  • Major segments: Civil segment backlog increased to INR 9,022 crores (6.5% growth).
  • Mechanical & Installation backlog reduced to INR 2,081 crores.
  • O&M backlog decreased to INR 2,490 crores.
  • Electrical backlog stands at INR 796 crores.
  • Domestic orders form 98% of backlog; international mainly O&M at 2% (INR 250 crores).
  • Fresh orders worth INR 1,270 crores secured in Q1 FY26.
  • Targeting INR 10,000 crores new orders by March 2026; INR 1,882 crores already secured.

2 more points management made on order book & pipeline

Power Mech Projects Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.1K Cr, net profit ₹153 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Power Mech Projects Ltd Q1 FY26 results?

FY '26 revenue target set at INR 6,500 crores, expecting 25% YoY growth with stable EBITDA margin (Page 4). For FY '26, Power Mech Projects Limited targets revenue of INR6,500 crores, with a 25% YoY growth and stable EBITDA margins similar to FY '25.

What is Power Mech Projects Ltd share price analysis?

Power Mech Projects Ltd currently shows a neutral. The stock trades at a P/E of 22.4 with a market cap of ₹8,135 Cr. Investors should review the full earnings analysis for detailed insights.

Is Power Mech Projects Ltd planning capital expenditure?

Major equipment designs for the washery have been completed; LOIs issued to vendors with ongoing orders and mobilization at the washery site (Page 4).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.