Power Mech Projects Expands Into Battery Storage, Sets ₹6,500 Crore Revenue Target for FY26

1 min read     Updated on 13 Aug 2025, 08:45 AM
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Riya DeyScanX News Team
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Overview

Power Mech Projects is diversifying into battery energy storage and green energy sectors, exploring partnerships in China for battery supply. The company targets ₹6,500 crore revenue for FY26, representing a 25% annual growth rate. It has secured new orders worth ₹1,882 crore and aims for a ₹10,000 crore order book by March 2026. Power Mech projects EBITDA margins of 15-16% until 2028, with a long-term goal of 22%. For mining operations, margins are expected to reach 22% by 2028 at peak capacity.

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*this image is generated using AI for illustrative purposes only.

Power Mech Projects , a prominent player in the power sector, is making strategic moves to diversify its portfolio and boost its financial performance. The company has announced ambitious plans to expand into the battery energy storage and green energy sectors, signaling a shift towards more sustainable and future-oriented technologies.

Expansion into Battery Storage and Green Energy

In a significant development, Power Mech Projects' management recently embarked on a trip to China to explore potential partnerships for battery supply. This move underscores the company's commitment to establishing a strong foothold in the battery energy storage sector, which is crucial for the growth of renewable energy infrastructure.

Ambitious Revenue Targets

Power Mech Projects has set its sights on substantial growth, targeting a revenue of ₹6,500.00 crore for the fiscal year 2026 (FY26). This goal represents an impressive 25% annual growth rate, highlighting the company's confidence in its expansion strategy and market potential.

Order Book and Financial Outlook

The company has already made significant strides towards its growth objectives, securing new orders worth ₹1,882.00 crore. Power Mech Projects aims to further bolster its order book, setting a target to secure ₹10,000.00 crore in new orders by March 2026.

Margin Projections

Power Mech Projects has provided a detailed outlook on its margin expectations:

Timeframe EBITDA Margin Target
FY25 Maintain current levels
Until 2028 15.00-16.00% (average)
By 2028 22.00% (long-term goal)

For its mining operations specifically, the company has outlined the following margin targets:

Timeframe Mining Operations Margin Target
Interim Period 10.00-15.00%
By 2028 (at peak capacity) 22.00%

Recent Investor Communication

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Power Mech Projects held a conference call on August 12, 2025, to discuss its financial performance for the quarter ended June 30, 2025. The company has made the recordings of this call available to investors, demonstrating its commitment to transparency and open communication with stakeholders.

Power Mech Projects' expansion into battery energy storage and green energy sectors, coupled with its ambitious financial targets, positions the company for potential growth in the evolving energy landscape. As the company progresses towards its FY26 goals, investors and industry observers will be keenly watching its performance in these new sectors and its ability to meet the projected financial milestones.

Historical Stock Returns for Power Mech Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-3.93%-9.73%-14.26%+4.96%-19.05%+1,194.48%
Power Mech Projects
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Power Mech Projects Reports 28% Revenue Growth in Q1

1 min read     Updated on 11 Aug 2025, 10:06 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Power Mech Projects Limited announced robust Q1 results with total revenue increasing by 28% YoY to Rs. 1,304.00 crores. EBITDA grew 48% to Rs. 182.00 crores, with margin expanding to 13.95%. The company maintains a substantial order book of Rs. 53,972.00 crores, including two major MDO contracts. However, PAT after non-controlling interest decreased by 9% to Rs. 53.00 crores. The company is currently executing 164 projects across various sectors, positioning itself for sustained growth.

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*this image is generated using AI for illustrative purposes only.

Power Mech Projects Limited, a leading industrial services and construction company, has released its investor presentation for the first quarter, showcasing robust growth and a strong order book.

Financial Highlights

Power Mech Projects reported impressive financial results for Q1:

Metric Q1 Current Year Q1 Previous Year YoY Change
Total Revenue 1,304.00 1,016.00 28% ↑
EBITDA 182.00 123.00 48% ↑
EBITDA Margin 13.95% 12.10% 185 bps ↑
PAT (after non-controlling interest) 53.00 58.00 9% ↓

The company's total revenue witnessed a significant year-over-year growth of 28%, rising from Rs. 1,016.00 crores in the previous year's Q1 to Rs. 1,304.00 crores in the current Q1. EBITDA showed an even more substantial increase of 48%, reaching Rs. 182.00 crores compared to Rs. 123.00 crores in the same quarter last year. The EBITDA margin expanded by 185 basis points to 13.95%.

However, the Profit After Tax (PAT) after non-controlling interest saw a slight decline of 9%, coming in at Rs. 53.00 crores compared to Rs. 58.00 crores in the previous year's Q1.

Strong Order Book

Power Mech Projects maintains a robust order book of Rs. 53,972.00 crores as of June 30. This includes two major Mining Development and Operations (MDO) contracts:

  1. A Rs. 9,294.00 crore contract executable over 25 years
  2. A Rs. 30,383.00 crore contract executable over 28 years

These long-term contracts are expected to provide sustained revenue streams for the company in the coming years.

Operational Overview

The company reported 164 ongoing projects, including:

  • 61 Operation & Maintenance (O&M) / Annual Maintenance Contract (AMC) projects in the domestic market
  • 22 overseas projects

Power Mech Projects operates across diverse sectors, including power, infrastructure, mining, and international markets. The company's service portfolio encompasses industrial construction, erection, testing and commissioning, mining, infrastructure construction, manufacturing, and industrial services.

Conclusion

Power Mech Projects' Q1 results demonstrate the company's ability to capitalize on opportunities in the power and infrastructure sectors. With a diversified service presence, significant order book, and improved margins, the company appears to be on a solid growth trajectory. However, investors should note the slight decline in PAT and monitor how the company manages its profitability in the coming quarters.

Historical Stock Returns for Power Mech Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-3.93%-9.73%-14.26%+4.96%-19.05%+1,194.48%
Power Mech Projects
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