Power Mech Projects Limited
NSE: POWERMECHCivil Construction
Share price
₹2,445.90
+0.68% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
73
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹7,827 Cr
P/E ratio
20.0
P/B ratio
3.1
ROCE
21.7%
ROE
15.4%
Dividend yield
0.1%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 15.8% over the past year, and 15.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 10.5% to 11.0% over the last four years.
Whether it grew faster than its sector
It grew 15.9% a year against a sector median of 9.1% — 6.8 percentage points faster.
Room to re-rate, or risk of de-rating
At 20.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 28.3×, across 5 companies. It is against its own five-year median of 24.0×, the 29th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.0 times its growth rate, on earnings growth of 20%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Power Mech Projects Limited — this one | 20%/yr | 20.0× | ₹1.00 |
| Larsen & Toubro | 17%/yr | 28.3× | ₹1.7 |
| Rail Vikas Nigam Limited | -13%/yr | 43.4× | — |
| Kalpataru Projects International Limited | 36%/yr | 21.4× | ₹0.60 |
| IRB Infrastructure Developers Limited | 8%/yr | 21.6× | ₹2.7 |
| NBCC (India) Limited | 13%/yr | 29.2× | ₹2.2 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Civil Construction), it ranks 21 of 89 on returns, 24 of 84 on growth, 46 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 21.7% on capital, ahead of 76% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹950 crore of cash from the business, spent ₹666 crore on plant and equipment, and returned ₹36 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 62 arrived as cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 9 checks clear · 89%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Sales grew 26% but profit margin fell to 10.8%, against 12.5% promised for the year
Announced 8 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,624 Cr
Revenue vs last year
+25.6%
Revenue vs last quarter
-23.1%
Net profit
₹89 Cr
Profit vs last year
+10.3%
Profit vs last quarter
-41.6%
Net margin
5.5%
EPS
₹25.23
Earnings call transcript · 10 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹7,827 Cr
- Prev close
- ₹2,445.90
- 52w High
- ₹3,008
- 52w Low
- ₹1,718
- Enterprise value
- ₹7,997 Cr
- Beta
- 1.6
- Price CAGR 1y
- -9.0%
- Price CAGR 3y
- 5.0%
- Price CAGR 5y
- 37.0%
- Price CAGR 10y
- 26.0%
Ratios
- Return on assets
- 7.4%
- PEG ratio
- 1.0
- P/E ratio
- 20.0
- P/B ratio
- 3.1
- EV / EBITDA
- 11.4
- Industry P/E
- 15.6
- ROCE
- 21.7%
- ROCE 5y average
- 21.8%
- ROE
- 15.4%
- Debt / Equity
- 0.3
- Interest coverage
- 5.8
- Dividend yield
- 0.1%
- ROE 3y average
- 16.0%
- ROE last year
- 15.0%
Annual P&L
- Annual revenue
- ₹6,062 Cr
- Annual profit
- ₹412 Cr
- Operating margin
- 12.0%
- Net profit margin
- 6.8%
- EBITDA margin
- 11.6%
- Sales growth 3y
- 19.0%
- Sales growth 5y
- 26.3%
- Profit growth 3y
- 20.0%
- Profit growth 5y
- 58.0%
- EPS
- ₹115
- Sales growth TTM
- 16.0%
- Profit growth TTM
- 23.0%
- Dividend payout
- 1.0%
Quarter P&L
- Sales latest quarter
- ₹1,624 Cr
- Profit latest quarter
- ₹89 Cr
- YoY quarterly sales growth
- 25.5%
- YoY quarterly profit growth
- 9.9%
- OPM latest quarter
- 10.3%
Balance Sheet
- Book Value
- ₹787
- Face Value
- ₹10.0
- Total debt
- ₹664 Cr
- Total cash
- ₹493 Cr
- Borrowings
- ₹664 Cr
- Reserves / Equity
- 77.7
Cash Flow
- Operating cash flow
- ₹387 Cr
- Free cash flow
- ₹60 Cr
- FCF yield
- -0.7%
- Net cash flow
- ₹15 Cr
Shareholding
- Promoter holding
- 58.4%
- FII holding
- 6.3%
- DII holding
- 20.8%
- Public holding
- 14.5%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | 3,645.50 | 28.5 | 5,01,583 | 1.04 | 4,988.0 | 14.0 | 67,941.7 | 6.7 | 14.6 |
| Rail Vikas | 190.30 | 44.1 | 39,678 | 0.87 | 159.5 | 18.5 | 4,321.2 | 10.6 | 10.8 |
| Kalpataru Proj. | 1,429.00 | 21.9 | 24,403 | 0.75 | 311.5 | 45.1 | 6,408.0 | 3.8 | 18.3 |
| IRB Infra.Devl. | 17.54 | 21.5 | 21,185 | 0.87 | 306.3 | 51.3 | 2,137.3 | 1.8 | 7.5 |
| NBCC | 75.20 | 29.6 | 20,304 | 1.30 | 158.0 | 17.2 | 2,259.5 | -5.5 | 29.3 |
| Cemindia Project | 1,162.05 | 33.2 | 19,963 | 0.24 | 140.8 | 2.6 | 2,720.9 | 5.6 | 32.8 |
| Engineers India | 284.35 | 20.4 | 15,982 | 1.81 | 157.9 | 141.5 | 819.8 | -5.8 | 30.4 |
| Power Mech Proj. | 2,367.95 | 19.1 | 7,487 | 0.06 | 89.3 | 51.9 | 1,623.7 | 25.5 | 21.7 |
| Median | 127.00 | 15.9 | 645 | 0.00 | 10.7 | 18.2 | 175.4 | 11.5 | 15.6 |
Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 865 | 932 | 1,108 | 1,302 | 1,007 | 1,035 | 1,338 | 1,853 | 1,293 | 1,238 | 1,420 | 2,111 | 1,624 |
| Expenses | 766 | 822 | 975 | 1,152 | 894 | 912 | 1,187 | 1,639 | 1,123 | 1,092 | 1,260 | 1,885 | 1,456 |
| Material Cost | 284 | 104 | 239 | 233 | 292 | 169 | |||||||
| Change in Inventories | -9.37 | -7.69 | -17 | -12 | 37 | -80 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 186 | 171 | 176 | 192 | 217 | 215 | |||||||
| Other Expenses | 1,179 | 855 | 692 | 847 | 1,338 | 1,152 | |||||||
| Operating Profit | 99 | 111 | 133 | 150 | 113 | 123 | 151 | 214 | 170 | 146 | 160 | 226 | 167 |
| OPM % | 11 | 12 | 12 | 11 | 11 | 12 | 11 | 12 | 13 | 12 | 11 | 11 | 10 |
| Other Income | 6 | 4 | 7 | 10 | 9 | 10 | 9 | 17 | 11 | 11 | 13 | 10 | 9 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 20 | 25 | 23 | 26 | 22 | 19 | 25 | 34 | 29 | 28 | 30 | 28 | 27 |
| Depreciation | 10 | 10 | 12 | 12 | 12 | 13 | 14 | 16 | 16 | 17 | 19 | 21 | 23 |
| Profit before tax | 75 | 80 | 105 | 122 | 88 | 101 | 121 | 181 | 136 | 111 | 124 | 187 | 126 |
| Tax % | 32 | 36 | 41 | 31 | 30 | 31 | 29 | 28 | 41 | 30 | 20 | 18 | 29 |
| Net Profit | 51 | 51 | 62 | 84 | 62 | 70 | 87 | 130 | 81 | 78 | 100 | 153 | 89 |
| EPS in Rs | 17 | 17 | 19 | 27 | 19 | 21 | 26 | 37 | 17 | 24 | 30 | 45 | 25 |
| Diluted EPS in Rs | 37 | 17 | 24 | 30 | 45 | 25 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,366 | 1,378 | 1,338 | 1,548 | 2,261 | 2,165 | 1,884 | 2,710 | 3,601 | 4,207 | 5,234 | 6,062 | 6,392 |
| Expenses | 1,199 | 1,196 | 1,172 | 1,346 | 1,970 | 1,894 | 1,845 | 2,424 | 3,206 | 3,714 | 4,632 | 5,359 | 5,693 |
| Material Cost | 818 | 869 | |||||||||||
| Change in Inventories | -16 | -0.03 | |||||||||||
| Purchases of Stock-in-Trade | 0 | 0 | |||||||||||
| Employee Cost | 663 | 755 | |||||||||||
| Other Expenses | 3,167 | 3,733 | |||||||||||
| Operating Profit | 167 | 182 | 166 | 202 | 291 | 271 | 39 | 287 | 395 | 493 | 602 | 702 | 699 |
| OPM % | 12 | 13 | 12 | 13 | 13 | 13 | 2.10 | 11 | 11 | 12 | 12 | 12 | 11 |
| Other Income | 6 | 6 | 8 | 7 | 15 | 11 | 16 | 14 | 17 | 28 | 45 | 45 | 43 |
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 29 | 33 | 33 | 36 | 55 | 74 | 79 | 79 | 90 | 94 | 99 | 116 | 113 |
| Depreciation | 37 | 39 | 41 | 43 | 46 | 39 | 36 | 37 | 43 | 44 | 56 | 75 | 81 |
| Profit before tax | 107 | 116 | 100 | 130 | 206 | 168 | -60 | 185 | 280 | 382 | 491 | 558 | 548 |
| Tax % | 33 | 35 | 36 | 30 | 30 | 22 | -19 | 25 | 26 | 35 | 29 | 26 | |
| Net Profit | 72 | 75 | 65 | 91 | 143 | 131 | -49 | 138 | 207 | 248 | 348 | 412 | 420 |
| EPS in Rs | 28 | 26 | 22 | 27 | 41 | 45 | -16 | 47 | 70 | 79 | 103 | 115 | 124 |
| Diluted EPS in Rs | 103 | 115 | |||||||||||
| Dividend Payout % | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 2 | 1 | 1 | 1 | 1 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 16%
- 5 years
- 26%
- 3 years
- 19%
- TTM
- 16%
Compounded profit growth
- 10 years
- 17%
- 5 years
- 58%
- 3 years
- 20%
- TTM
- 23%
Stock price CAGR
- 10 years
- 26%
- 5 years
- 37%
- 3 years
- 5%
- 1 year
- -9%
Return on equity
- 10 years
- 14%
- 5 years
- 16%
- 3 years
- 16%
- Last year
- 15%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 32 | 32 |
| Reserves | 342 | 540 | 607 | 684 | 805 | 936 | 890 | 1,029 | 1,260 | 1,822 | 2,128 | 2,487 |
| Borrowings | 271 | 251 | 211 | 298 | 380 | 523 | 515 | 531 | 477 | 396 | 735 | 664 |
| Other Liabilities | 422 | 499 | 530 | 588 | 728 | 865 | 850 | 1,023 | 1,302 | 1,334 | 1,719 | 2,407 |
| Minority Interest | 23 | 71 | ||||||||||
| Total Liabilities | 1,048 | 1,305 | 1,363 | 1,585 | 1,927 | 2,339 | 2,270 | 2,597 | 3,054 | 3,568 | 4,614 | 5,589 |
| Fixed Assets | 183 | 198 | 206 | 203 | 190 | 188 | 175 | 180 | 189 | 231 | 323 | 429 |
| CWIP | 17 | 22 | 12 | 6 | 3 | 3 | 5 | 2 | 3 | 11 | 28 | 182 |
| Investments | 0 | 0 | 1 | 0 | 31 | 33 | 41 | 39 | 36 | 37 | 36 | 34 |
| Other Assets | 848 | 1,085 | 1,143 | 1,376 | 1,702 | 2,116 | 2,049 | 2,375 | 2,827 | 3,288 | 4,227 | 4,945 |
| Total Assets | 1,048 | 1,305 | 1,363 | 1,585 | 1,927 | 2,339 | 2,270 | 2,597 | 3,054 | 3,568 | 4,614 | 5,589 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | -17 | 119 | 36 | 1 | -48 | 122 | 175 | 182 | 205 | 0.74 | 387 |
| Cash from Investing Activity | -45 | -63 | -40 | -42 | -63 | 3 | -47 | -52 | -91 | -373 | -193 | -184 |
| Cash from Financing Activity | 42 | 71 | -73 | 50 | 25 | 59 | -91 | -63 | -120 | 176 | 232 | -189 |
| Net Cash Flow | 1 | -9 | 6 | 44 | -37 | 14 | -16 | 60 | -29 | 7 | 40 | 15 |
| Free Cash Flow | -48 | -75 | 80 | 3 | -25 | -75 | 97 | 135 | 133 | 115 | -159 | 60 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 72 | 80 | 73 | 63 | 91 | 103 | 90 | 91 | 90 | 102 | 93 |
| Inventory Days | 151 | 99 | 131 | 92 | 90 | 111 | ||||||
| Days Payable | 1,043 | 859 | 797 | 597 | 423 | 493 | ||||||
| Cash Conversion Cycle | -840 | -687 | -585 | -433 | 63 | 91 | 103 | 90 | 91 | 90 | -231 | -289 |
| Working Capital Days | 8 | 52 | 66 | 65 | 59 | 79 | 91 | 75 | 75 | 86 | 74 | 73 |
| ROCE % | 25 | 21 | 16 | 18 | 23 | 18 | 1 | 18 | 22 | 24 | 23 | 22 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
4.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
170inr_cr
2026-03-31
order book, Rs crore
15,898inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
47,44,731inr
2026-03-31
News
News and filings about Power Mech Projects Limited. Open one to see why it matters.
29 Sept, 18:00 IST · Company event · medium impact
Power Mech Projects Limited has won a new order or contract
28 Sept, 19:00 IST · Company event · medium impact
Power Mech Projects Limited has won a new order or contract
9 Sept, 18:05 IST · Company event · medium impact
Power Mech Projects Limited has won a new order or contract
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Cemindia Projects Limited
- Central Mine Planning & Design Institute Limited
- Engineers India Limited
- IRB Infrastructure Developers Limited
- Ircon International Limited
- KEC International Limited
- Kalpataru Projects International Limited
- Larsen & Toubro
- NBCC (India) Limited
- Rail Vikas Nigam Limited
- Techno Electric & Engineering Company Limited
Uses as raw material
- cement, aggregates and concrete
- construction & mining equipment
- consumables and spare parts
- diesel / fuel
- structural / prefabricated steel and piping
Depends on the price of
- cement
- diesel
- steel
Sells to
- Adani Power · ETC services, civil works and structural steel erection for thermal projects
- Bharat Heavy Electricals · EPC balance-of-plant erection for thermal power projects
- Bihar State Power Generation Company · grid-connected distributed solar (KUSUM)
- Coal India · MDO coal mining (KBP opencast Kotre Basantpur Pachmo), excavation and coal delivery
- NTPC Limited · O&M services for boiler, turbine and generator units
- SJVN Limited · O&M services for 2x660 MW Buxar supercritical thermal project
- Steel Authority of India · MDO coal mining (Tasra opencast), mine infrastructure, overburden removal, washed coal del…
- Telangana Power Generation Corporation (TGGENCO) · township construction and infrastructure works
- West Bengal State Electricity Distribution Company Limited · 250 MW / 1000 MWh standalone BESS (BOO)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Construction
- Industry
- Civil Construction
- Classification
- Construction › Civil Construction
- ISIN
- INE211R01019
Plants
- Power Mech Industri fabrication workshop
News impact
Big market events that reach Power Mech Projects Limited, and how the effect spreads.
30 Sept, 12:07 IST · Market event · high impact
Power Mech Projects shares rise 4% after company secures Rs 549 crore order from Adani Group firm
Power Mech won a Rs 549-crore five-year job to run Moxie's Tuticorin power plant, helping Power Mech while rivals and Adani group peers see no real change.
Who it hits first
- Power Mech Projects, a company that builds and looks after power plants, won a Rs 549.37-crore contract to operate and maintain (O&M) Moxie Power's 2x600 MW (megawatt) coal plant at Tuticorin for five years.
- The market liked the steady five-year fees and pushed Power Mech shares up 4%.
- Moxie Power, the plant owner linked to the Adani group, gets an experienced operator to keep its station running.
Who may gain
- Power Mech Projects — receives Rs 549.37 crore over five years for plant upkeep
- Moxie Power Generation — secures reliable running of its Tuticorin station
- Homes and factories buying Tuticorin power — get steadier supply from a maintained plant
Along the supply chain
Downstream
Downstream, Moxie Power gets five years of steady upkeep for its Tuticorin generators, and the homes and factories that buy that electricity get more reliable supply.
Upstream
Upstream, the pack shows no direct parts supplier to Power Mech for this job — it provides workers and day-to-day spares itself; makers of plant gear only benefit later if the station orders replacement parts.
Where demand moves
Business
Business demand moves from Moxie Power, the plant owner, to Power Mech, the maintenance provider: Rs 549.37 crore over five years to run the 2x600 MW Tuticorin coal station.
Capital
Investors bought Power Mech shares, lifting them 4% on the order news; no new shares or bonds were announced, so this is existing holders bidding up, not fresh money into the company.
How it spreads across sectors
Capital Goods
Mild cheer for other plant-service and construction firms that bid for similar upkeep work, but one Rs 549-crore deal does not shift sector demand.
Power
Neutral for power generators — Moxie's Tuticorin station simply gets a new maintenance crew, with no change in power prices or output for peers.
When it plays out
Immediate
In the next 1-7 days Power Mech shares hold the 4% gain as traders digest the five-year fee stream.
Medium term
Over 1-6 months steady maintenance billing supports earnings while rivals chase similar upkeep tenders.
Short term
In 1-4 weeks execution begins and analysts add roughly Rs 110 crore a year to revenue models.
29 Sept, 12:52 IST · Market event · high impact
Power Mech Projects shares gain 3% after securing Rs 279 crore order from Telangana Power Generation Corporation
Power Mech won a Rs 279.20 crore three-year YTPS upkeep job, helping it with steady billing, while rival contractors who missed out gain nothing.
Who it hits first
- Power Mech Projects Limited won a Rs 279.20 crore three-year upkeep (O&M, or operations and maintenance) contract from Telangana Power Generation Corporation for YTPS.
- The job covers ash and coal handling plants across five 800 MW units, adding to Rs 3,113 crore FY27 inflows and a Rs 17,317 crore order book.
- Shares gained 3% as the recurring work lifts revenue visibility for the construction firm.
Who may gain
- Power Mech Projects Limited, a construction firm for power work, as it bills the Rs 279.20 crore upkeep deal over three years.
- Telangana Power Generation Corporation, the state power producer, as expert handling keeps its five 800 MW units running.
- Workers and local vendors at YTPS, as three years of handling work sustains site jobs and supplies.
Along the supply chain
Downstream
Downstream, Telangana Power Generation Corporation, the power producer buyer, receives steady handling service for its YTPS units over three years.
Upstream
Upstream, the pack lists no suppliers to Power Mech, so no vendor gets a direct lift; spares and manpower will be sourced as the job runs.
Where demand moves
Business
TGGENCO pays Power Mech for running ash and coal handling, so Power Mech hires crews and buys spares while the plant stays online.
Capital
Investors lift Power Mech 3% on the recurring win, while rival contractors without new orders stay flat.
How it spreads across sectors
Construction
A Rs 279.20 crore recurring win shows power O&M outsourcing is steady, aiding sentiment for builders.
Power
Generators like TGGENCO secure reliable plant running, supporting steady power supply.
When it plays out
Immediate
Power Mech holds its 3% gain as the market digests the Rs 279.20 crore three-year award this week.
Medium term
Steady quarterly billing over three years; tight execution and cost control decide margins.
Short term
Crews and systems mobilise at YTPS while billing starts on the handling contract.
25 Sept, 16:01 IST · Market event · medium impact
Kalpataru Projects Int'l lists subsidiary on Sweden's Nasdaq Stockholm
Kalpataru Projects listed its Swedish unit Linjemontage in Stockholm, a first for an Indian firm, lifting the parent's value hopes while rivals and suppliers stay unaffected.
Who it hits first
- Kalpataru Projects International (KPIL), a power-line and civil builder, listed its Swedish unit Linjemontage on Nasdaq Stockholm.
- KPIL says it is the first Indian firm to list a foreign subsidiary in Sweden, giving the unit a visible market price.
- No sale size, price, or cash raised was disclosed, so the parent's gain is value recognition rather than fresh money.
Who may gain
- KPIL shareholders may see the hidden value of the Swedish unit reflected in the parent's price.
- Linjemontage gains its own listing status, easing future fundraising in Sweden.
- Rival builders, pipe suppliers, and rail buyers named in the pack gain no orders from this listing.
Along the supply chain
Downstream
No customer tariff or contract changes follow; rail and power buyers such as RVNL continue existing terms untouched.
Upstream
No new pipes, cables, or steel are ordered by a share listing, so Welspun Corp and other named suppliers see no volume change.
Where demand moves
Business
No project or supply order flows from a listing; the business effect is nil beyond Linjemontage's own standing in Sweden.
Capital
Capital may rotate mildly toward KPIL on value-unlocking hopes, while rivals see no reason for fresh buying.
How it spreads across sectors
Construction
Mild pride for Indian builders going global, but no orders move, so peers stay flat.
Infrastructure
No effect — the listing is a single firm's capital event with no project pipeline behind it.
When it plays out
Immediate
1-7 days: KPIL trades on listing cheer; watch the Linjemontage debut price in Stockholm.
Medium term
1-6 months: any follow-on share sale or Swedish fundraising shows whether the listing brings real cash.
Short term
1-4 weeks: analysts add the listed unit's value to KPIL targets if the debut holds.
22 Sept, 18:28 IST · Market event · high impact
EIL bags over $450 million order from Dangote Group for Kenya refinery project
Engineers India won a $450M+ Dangote order for a Kenya refinery, helping EIL and possibly its suppliers, while rival builders see only sentiment with no direct losers.
Who it hits first
- Engineers India, the oil-and-gas engineering consultant, won a $450M+ order from Dangote Group for a Kenya refinery.
- The win lifts EIL order backlog and fee visibility for several quarters, supporting its shares first.
- Rival builders gain only mood, not money, since Dangote hired EIL alone.
Who may gain
- Engineers India shareholders, as a large overseas refinery fee lands in its order backlog.
- EIL equipment and site-service suppliers, if pipes, cables, and erection work get sourced from India.
- Indian EPC sentiment broadly, as a $450M Africa win shows export refinery demand is alive.
Along the supply chain
Downstream
Dangote's Kenya refinery, once built, lifts East Africa fuel output and trims import needs, helping regional fuel security rather than any listed Indian fuel seller directly.
Upstream
Makers of boilers, transformers, cables, pipes, and pumps that sell to EIL could see sub-orders as the Kenya refinery is built; those supplier names sit outside the ranked pool with no fundamentals rows here.
Where demand moves
Business
Dangote pays Engineers India for refinery engineering and site management; EIL in turn buys equipment, pipes, and site services, pushing work to its supply chain.
Capital
Investors re-rate Engineers India on backlog growth and lightly bid up close consultancy peers like NBCC and RITES on win sentiment.
How it spreads across sectors
Capital Goods
EPC win sentiment lifts order-book hopes for refinery-adjacent contractors, though only EIL books revenue.
Chemicals
Refinery-linked chemical makers see no direct flow; any lift is broad energy-capex mood only.
Oil, Gas & Consumable Fuels
A new Kenya refinery adds future East Africa fuel supply, neutral for Indian refiners with no stake.
Power
No power-plant link; power names move only if infra sentiment spills over.
A pattern seen before
Cascade chain
Pattern name
Crude Oil Cascade
Patterns
- Crude Oil Cascade
Sectors queried
- Cement
- Chemicals
- FMCG
- Power
When it plays out
Immediate
EIL shares react to the $450M+ win headline; peers drift on sentiment within days.
Medium term
EIL books fee revenue as Kenya engineering progresses; suppliers feel sub-orders if EIL sources from India.
Short term
Analysts size the backlog and margin; EIL holds gains if order details confirm, peers fade without own wins.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 10 Sep 2026 | unspecified | ₹1.5 |
|---|---|---|
| 15 Sep 2025 | unspecified | ₹1.25 |
| 8 Oct 2024 | bonus | ₹0 |
| 20 Sep 2024 | unspecified | ₹2 |
| 21 Sep 2023 | unspecified | ₹2 |
| 22 Sep 2022 | unspecified | ₹1.5 |
| 12 Oct 2020 | unspecified | ₹1 |
| 19 Sep 2019 | unspecified | ₹1 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2626 Aug 2026
- Earnings call · Q1FY2710 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY2622 May 2026
- Annual report · 2024-2530 Aug 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.