Power Mech Projects Q2 FY26 Earnings Call Transcript
Power Mech Projects' Q2 FY26 earnings call highlights a 19% increase in total income, strong order backlog, and plans for significant investments in the steel and mining sectors. Concall Transcript released on Nov 20, 2025.
The financial results and order book updates suggest a stable and growing business, but the delays in water division projects temper the overall impact.
The announcement highlights positive financial results, strong order book, and expansion plans, indicating a positive outlook for the company.
* Power Mech Projects Limited held a conference call on November 13, 2025, to discuss Q2 and FY26 performance. * Total income for Q2 FY26 was ₹1,249 crore (₹12.49 billion), a 19% increase from Q2 FY25. * EBITDA for Q2 FY26 stood at ₹158 crore (₹1.58 billion), up 18% year-over-year. * PAT for Q2 FY26 was ₹78 crore (₹780 million), a 12% increase compared to Q2 FY25. * H1 FY26 total income increased by 24% to ₹2,554 crore (₹25.54 billion). * Secured new orders worth ₹1,042 crore (₹10.42 billion) during Q2 FY26. * Order backlog as of September 30, 2025, stood at approximately ₹53,776 crore (₹537.76 billion). * The company has received new orders worth ₹2,577 crore (₹25.77 billion) in Q3 FY26 till date. * Targets to secure ₹10,000 crore (₹100 billion) in new orders by March 2026. * Revenue target of ₹6,500 crore (₹65 billion) for FY26, with an expected 25% year-on-year revenue growth. * Coal production is expected to commence in November 2025, targeting a minimum dispatch of 1 million tons during the year. * Washery construction is targeted for completion by September 2026. * The management mentioned that SAIL is planning to invest more than ₹1 lakh crore (₹1 trillion) and NMDC has planned investments of ₹50,000 crore (₹500 billion) to enhance capacity. * Concall transcript released on November 20, 2025
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Power Mech Projects Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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