Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Power Mech Projects Limited

NSE: POWERMECHCivil Construction

Share price

₹2,445.90

+0.68% close of 8 Oct 2026

Market cap ₹7,827 CrP/E 20.0

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.

Prices as of 8 Oct 2026 close52-week high ₹2,895.3052-week low ₹1,732.80

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 growthPrice per ₹1 profitPer 1% growth
Power Mech Projects Limited — this one20%/yr20.0×₹1.00
Larsen & Toubro17%/yr28.3×₹1.7
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹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

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,645.5028.55,01,5831.044,988.014.067,941.76.714.6
Rail Vikas190.3044.139,6780.87159.518.54,321.210.610.8
Kalpataru Proj.1,429.0021.924,4030.75311.545.16,408.03.818.3
IRB Infra.Devl.17.5421.521,1850.87306.351.32,137.31.87.5
NBCC75.2029.620,3041.30158.017.22,259.5-5.529.3
Cemindia Project1,162.0533.219,9630.24140.82.62,720.95.632.8
Engineers India284.3520.415,9821.81157.9141.5819.8-5.830.4
Power Mech Proj.2,367.9519.17,4870.0689.351.91,623.725.521.7
Median127.0015.96450.0010.718.2175.411.515.6

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.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8659321,1081,3021,0071,0351,3381,8531,2931,2381,4202,1111,624
Expenses7668229751,1528949121,1871,6391,1231,0921,2601,8851,456
Material Cost284104239233292169
Change in Inventories-9.37-7.69-17-1237-80
Purchases of Stock-in-Trade000000
Employee Cost186171176192217215
Other Expenses1,1798556928471,3381,152
Operating Profit99111133150113123151214170146160226167
OPM %11121211111211121312111110
Other Income64710910917111113109
Exceptional items (within Other Income)000000
Interest20252326221925342928302827
Depreciation10101212121314161617192123
Profit before tax758010512288101121181136111124187126
Tax %32364131303129284130201829
Net Profit51516284627087130817810015389
EPS in Rs17171927192126371724304525
Diluted EPS in Rs371724304525

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3661,3781,3381,5482,2612,1651,8842,7103,6014,2075,2346,0626,392
Expenses1,1991,1961,1721,3461,9701,8941,8452,4243,2063,7144,6325,3595,693
Material Cost818869
Change in Inventories-16-0.03
Purchases of Stock-in-Trade00
Employee Cost663755
Other Expenses3,1673,733
Operating Profit16718216620229127139287395493602702699
OPM %1213121313132.10111112121211
Other Income6687151116141728454543
Exceptional items (within Other Income)00
Interest2933333655747979909499116113
Depreciation37394143463936374344567581
Profit before tax107116100130206168-60185280382491558548
Tax %333536303022-192526352926
Net Profit72756591143131-49138207248348412420
EPS in Rs282622274145-16477079103115124
Diluted EPS in Rs103115
Dividend Payout %222211021111

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.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131515151515151515163232
Reserves3425406076848059368901,0291,2601,8222,1282,487
Borrowings271251211298380523515531477396735664
Other Liabilities4224995305887288658501,0231,3021,3341,7192,407
Minority Interest2371
Total Liabilities1,0481,3051,3631,5851,9272,3392,2702,5973,0543,5684,6145,589
Fixed Assets183198206203190188175180189231323429
CWIP1722126335231128182
Investments00103133413936373634
Other Assets8481,0851,1431,3761,7022,1162,0492,3752,8273,2884,2274,945
Total Assets1,0481,3051,3631,5851,9272,3392,2702,5973,0543,5684,6145,589

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4-17119361-481221751822050.74387
Cash from Investing Activity-45-63-40-42-633-47-52-91-373-193-184
Cash from Financing Activity4271-73502559-91-63-120176232-189
Net Cash Flow1-9644-3714-1660-2974015
Free Cash Flow-48-75803-25-7597135133115-15960

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days52728073639110390919010293
Inventory Days151991319290111
Days Payable1,043859797597423493
Cash Conversion Cycle-840-687-585-4336391103909190-231-289
Working Capital Days85266655979917575867473
ROCE %25211618231811822242322

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Sep 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters606058585858585858585858
FIIs4.244.985.244.984.974.745.077.016.556.486.546.33
DIIs191922232323232121202121
Public171515141314131415151414
No. of Shareholders23,90726,73029,15649,59460,72362,46573,79273,32775,22877,35079,42669,526

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -8.4% (₹2,671.30 → ₹2,445.90)Brick size ₹79.23 (fixed)Bricks 35
₹2,000₹2,446Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹2,445.90 on 8 Oct 2026

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.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

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.

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.

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.

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.

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 2026unspecified₹1.5
15 Sep 2025unspecified₹1.25
8 Oct 2024bonus₹0
20 Sep 2024unspecified₹2
21 Sep 2023unspecified₹2
22 Sep 2022unspecified₹1.5
12 Oct 2020unspecified₹1
19 Sep 2019unspecified₹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.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.