Power Mech Projects Q4 FY26 Earnings Call Transcript Released
Power Mech Projects reported Q4 FY26 revenue of ₹2,121 crore (up 13% YoY) and PAT of ₹153 crore (up 18% YoY). For FY26, revenue was ₹6,107 crore (up 16% YoY) and PAT was ₹412 crore (up 18% YoY). The company secured ₹7,210 crore in orders in FY26 and targets ₹12,000 crore for FY27. Order backlog stands at ₹55,151 crore.
The release of a conference call transcript provides detailed insights into the company's performance, future outlook, and management's strategy, which is material for investors and analysts. The financial performance and future targets discussed have a significant impact on investment decisions.
The announcement is a transcript of a conference call, which is factual in nature. While the company reported growth, the order inflow missed its target, and there were mentions of operational cost increases and delays, balancing out a purely positive sentiment.
Power Mech Projects Limited has released the transcript of its conference call with investors and analysts held on May 22, 2026, to discuss the company's Q4 FY26 performance. The management, including Director of Business Development Mr. S.K. Ramaiah and CFO Mr. N. Nani Aravind, presented the company's financial and operational highlights.
During Q4 FY26, Power Mech Projects recorded a total revenue of ₹2,121 crores, a 13% increase year-on-year, driven by execution across core verticals and new EPC and MDO projects, partially offset by delays in the Water division. EBITDA stood at ₹237 crores, a 2% YoY growth, with an EBITDA margin of 11.17%. Profit after tax for the quarter was ₹153 crores, an 18% increase over Q4 FY25, with PAT margins improving to 7.27%.
For the full fiscal year FY26, the company achieved total revenue of ₹6,107 crores, a 16% YoY growth. EBITDA for FY26 was ₹750 crores, up 16% YoY, with stable EBITDA margins at 12.3%. Profit after tax for FY26 was ₹412 crores, an 18% growth over FY25.
The company secured orders worth approximately ₹7,210 crores during FY26, achieving 72% of its target, primarily due to the cancellation of a battery energy storage system order. Key strategic orders included a BOP EPC package for the 800-megawatt Singareni Thermal project and an O&M contract for the Mumbai Monorail.
Looking ahead to FY27, Power Mech Projects is targeting order inflow of around ₹12,000 crores, focusing on expanding its BOP EPC portfolio and securing new O&M contracts. The total order backlog stands at approximately ₹55,151 crores.
Operating cash flow improved significantly in FY26 to ₹430 crores. Gross debt was ₹622 crores and net debt was ₹163 crores as of March 31, 2026, with a comfortable debt-to-equity ratio of 0.32x.
The company is confident about future growth, driven by opportunities in the power sector, mining, steel, railways, and metro O&M. They are also exploring opportunities in coal gasification and expanding their presence in the Middle East and Africa.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Power Mech Projects Limited. Read the original for the full detail.