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Power Mech Projects Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹1,609 CrSee revenue, profit and what management said. You are viewing Q2 FY26.
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Power Mech Projects Ltd

Q2 FY26Construction

Power Mech Projects Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Revenue
₹1,238Cr
+19.6% YoY
Net profit
₹78Cr
+11.4% YoY
Margin
12%
0 pp YoY
Price₹2,502
Market cap₹8.1K Cr
P/E22.4

The short version

FY26 revenue expected around INR6,200 - 6,500 crores, slightly below initial INR6,500 crores guidance. FY26 revenue guidance is around INR6,200-6,300 crores, slightly below earlier INR6,500 crores estimate due to order delays.

From Power Mech Projects Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY26 revenue expected around INR6,200 - 6,500 crores, slightly below initial INR6,500 crores guidance.
  • FY27 projected revenue growth of 20% to 25%, targeting INR7,500 - 8,000 crores.
  • Mining segment ramp-up planned:
  • FY27 mining revenue estimated INR550 - 600 crores with EBITDA margins of 19-20%.
  • Peak mining revenue crossing INR2,000 crores expected by FY28 with 23-25% margins.
  • Power sector to remain core (~75% business), exploring steel, railways, and data centers for diversification.
  • Order inflow target of INR10,000 crores for FY26, near 50% achieved by Q3 start; more opportunities expected.

2 more points from Power Mech Projects Ltd's call on revenue

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Profitability & Margins

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

Capital Expenditure Plans

  • The company is continuing investment in mining operations (MDO) with production ramp-ups expected in FY26 and FY27, including the commissioning of a washery at Tasra.
  • No immediate plans for fund raising, but market approach will be considered if new investment opportunities arise.
  • Strategic focus on expanding in power sector EPC orders, targeting INR10,000 crores order inflow in the current year.
  • Exploring new business areas like solar plus battery energy storage systems with plans to increase capacity in FY27 (100 MW solar and 200-250 MWh battery).
  • Interest in capitalizing on data centers for hardware power capacity, substations, civil works, and infrastructure.

2 more points from Power Mech Projects Ltd's call on capex

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Top-ranked in Construction

Ranked on what management guided this quarter

Guidance-ranked
1Sathlokhar Synergys E&C Global
Rev 1Mar 2
2Dilip Buildcon
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 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

  • Total order book as of September 30, 2025, stands at approximately INR14,226 crores.
  • Segment-wise split: Mechanical - ~INR1,700 crores; Power civil and infra civil - ~INR9,000 crores; O&M - ~INR2,700 crores; Electrical - ~INR800 crores.
  • Domestic orders ~INR14,000 crores; International orders around INR220 crores.
  • Order inflow target for FY '26: INR10,000 crores; INR4,900 crores received so far, balance expected by March 2026.
  • Major ongoing BOP EPC orders total around INR2,550 crores.
  • Substantial balance ordering expected from BHEL, Adani, and NTPC for power sector projects amounting to INR30,000 to INR45,000 crores in ETC, civil, structural, and miscellaneous works.

2 more points from Power Mech Projects Ltd's call on order book

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Power Mech Projects Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Power Mech Projects Ltd Q2 FY26 results — key figures

Power Mech Projects Ltd Q2 FY26 reported results vs Q2 FY25, ₹ crore
₹ CrQ2 FY26Q2 FY25YoYQ1 FY26QoQ
Revenue1,2381,035+19.6%1,293-4.3%
Operating profit (EBITDA)146123+18.7%170-14.1%
Operating margin12%12%0 pp13%-1 pp
Profit before tax111101+9.9%136-18.4%
Net profit (PAT)7870+11.4%81-3.7%
EPS (₹)23.7021.22+11.7%16.61+42.7%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.6K Cr, net profit ₹88 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Power Mech Projects's management said in earlier quarters

Earlier calls (8)

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Frequently Asked Questions

What were Power Mech Projects Ltd Q2 FY26 results?

FY26 revenue expected around INR6,200 - 6,500 crores, slightly below initial INR6,500 crores guidance. FY26 revenue guidance is around INR6,200-6,300 crores, slightly below earlier INR6,500 crores estimate due to order delays.

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?

The company is continuing investment in mining operations (MDO) with production ramp-ups expected in FY26 and FY27, including the commissioning of a washery at Tasra.

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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.