Power Mech Projects Expands Into Battery Storage, Sets ₹6,500 Crore Revenue Target for FY26
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-3.93% | -9.73% | -14.26% | +4.96% | -19.05% | +1,194.48% |