Power Mech Projects Reports 16% Y-o-Y Growth in 12-Month Revenue, Secures Strong Order Book
Power Mech Projects Limited has reported its financial results for the quarter and year ended March 31, 2026, highlighting sustained growth momentum and a robust order book across its power and infrastructure services. The company showcased significant year-over-year increases in revenue and EBITDA for the twelve-month period.The company remains positioned as a leading industrial and infrastructure services provider, leveraging its integrated and diversified business model across multiple complementary segments: Erection, Testing & Commissioning, Operations & Maintenance (O&M), Civil Construction, and Mining, Development & Operations (MDO).
Financial Performance Snapshot
The consolidated profitability statement reveals a strong performance over the financial year.| Particulars | Q4 FY26 (Rs. Cr) | 12M FY26 (Rs. Cr) | Q4 FY25 (Rs. Cr) | YOY Change |
|---|---|---|---|---|
| Revenue from Operations | 2,110.73 | 6,061.57 | 1,853.28 | 14% |
| Total Revenue | 2,120.67 | 6,107.25 | 1,870.01 | 13% |
| EBITDA | 236.82 | 750.29 | 232.42 | 2% |
| EBITDA Margin | 11.17% | 12.29% | 12.43% | -126 bps |
The company reported that total order inflows during the fiscal year reached Rs. 7,210 crore, marking 72% of the target. Furthermore, the total order backlog (including MDO) stood at Rs. 55,151 crore, providing strong execution visibility over the medium term.
Operational and Strategic Highlights
Power Mech Projects Limited highlighted its role as India's largest O&M service provider, holding an estimated 20% market share in Power O&M. The company maintains an impressive operational scale, managing an O&M and AMC unit capacity of 36.25 GW.Mr. Sajja Kishore Babu, Chairman and Managing Director, commented on the performance, noting that the year reflected meaningful progress in strengthening the company's position across the power and infrastructure sector. He stated, "Revenue from Operations was Rs. 2,111 crore registering a 14% YoY increase... For FY2026, Revenue from Operations reached Rs. 6,062 crore, marking a 16% YoY increase and EBITDA was Rs. 750 crore increasing 16% YoY, with a margin of 12.3%."
A major achievement noted was the award of the Balance of Plant EPC package for the 1 × 800 MW Singareni thermal power project from BHEL, which marked the company's entry into high-value, integrated Balance of Plant EPC projects.
The company’s strategy is focused on building long-term annuity cash flows and sustainable, high-margin growth through the expansion of its O&M and MDO businesses.
Business Segments and Capacity
The company demonstrates multi-segment presence backed by strong technical execution across several verticals:| Segment | Scope of Services | Capacity / Achievement |
|---|---|---|
| Erection, Testing & Commissioning (ETC) | Full-scope erection, testing & commissioning of BTG/BOP systems (including FGD/SCR) across power, nuclear, oil-gas, petrochemicals, steel & minerals. | Over 31.22 Lakhs MT of Erection Works completed. |
| Operations & Maintenance (O&M) | Integrated mechanical, electrical & C&I services, including control-room/desk operations, boiler/turbine/auxiliary overhauls, and long-term AMCs. | 36.25 GW Unit capacity for O&M & AMC. |
| Civil Infrastructure | Civil/structural construction for power, industrial & urban infrastructure, including foundations, decks, cooling towers, CHPs, roads, and coal-handling plants. | 33.47 Lakhs m³ of Concreting works carried out. |
| Mining, Development & Operations (MDO) | Develop mine infrastructure, mineral processing operations & manage full contract mining. | 9 MTPA Peak rated Mining capacity. |
Balance Sheet and Cash Flow Position
The Balance Sheet data indicates growth in assets, with Total Assets reaching Rs. 5,589.36 Cr as of March 26, compared to Rs. 4,614.41 Cr in March 25.| Assets (Rs. Cr) | Mar-26 | Mar-25 |
|---|---|---|
| Total Assets | 5,589.36 | 4,614.41 |
The Cash Flow Statement highlights a strong operational cash flow generation.
| Particulars (Rs. Cr) | Mar-26 | Mar-25 |
|---|---|---|
| Cash generated from Operations | 616.91 | 152.17 |
| Net Cash from Operating Activities | 429.8 | 0.74 |
| Cash & Cash equivalents at the end of the period | 106.71 | 91.99 |
POWERMECH Stock Price Movement
On Thursday, Power Mech Projects Limited shares edged higher, gaining 0.57% to settle at ₹2473.9. The stock traded on significant volume, reaching a high of ₹2625 and closing after 359,651 shares were transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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