Power Mech Projects Limited submitted an updated investor presentation detailing its unaudited financial results for the quarter ended September 30, 2026 (Q2 FY27) to the National Stock Exchange of India Limited and BSE Limited.

Management Commentary

Mr. Sajja Kishore Babu, Chairman and Managing Director, provided commentary on the quarter's performance. He stated that the company remained focused on accelerating strategic growth initiatives and strengthening market leadership. The quarter reflected higher execution across key business verticals: Infrastructure Construction, Industrial Construction, Industrial Services, and International projects. Order book expansion was noted specifically in Industrial Services.

Key order inflows during Q2 FY27 amounted to INR 1,890 crore. An additional order inflow of INR 1,046 crore was secured in Q3 FY27 till the date of the presentation. Notable awards included:

  • A 5-year Comprehensive O&M contract for the 2 x 600 MW Athena plant (Vedanta).
  • A 5-year Comprehensive O&M contract for the 2 x 600 MW Moxie Power Thermal Plant at Adani's Tuticorin plant.
  • A 3-year Operation & Maintenance contract for AHP and CHP at Yadadri Thermal Power Station (TGGENCO).

The company's order backlog stands at INR 56,729 crore, which includes Mining Development & Operations (MDO), providing revenue visibility across power, infrastructure, O&M, and mining.

The management outlook focuses on operational excellence, improving profitability, and executing the order pipeline. The strategy involves strengthening presence in BOP EPC packages, Power O&M contracts (domestic and international), Civil Infra, and Urban Mobility, while leveraging execution capabilities to drive sustainable growth and expand into adjacent opportunities.

Consolidated Financial Results (Q2 FY27)

| Particulars | Q2FY27 (INR Cr) | Q1FY27 (INR Cr) | Q2FY26 (INR Cr) | YoY Change |

| Revenue from Operations | 1,609.34 | 1,623.68 | 1,237.87 | +30% |

| EBITDA | 186.85 | 175.99 | 157.99 | +18% |

| EBITDA Margin | 11.55% | 10.78% | 12.65% | -110 bps |

| PAT | 87.75 | 89.31 | 78.11 | +12% |

| PAT Margin % | 5.45% | 5.50% | 6.31% | -86 bps |

| PAT after Non-Controlling Interest | 83.84 | 79.76 | 74.92 | +12% |

| EPS (INR) | 26.52 | 25.23 | 23.70 | - |

Half-Yearly Consolidated Financial Results (H1 FY27)

| Particulars | H1FY27 (INR Cr) | H1FY26 (INR Cr) | YoY Change |

| Revenue from Operations | 3,233.01 | 2,531.29 | +28% |

| EBITDA | 362.84 | 340.36 | +7% |

| EBITDA Margin | 11.17% | 13.33% | -216 bps |

| PAT | 177.06 | 158.63 | +12% |

| PAT Margin % | 5.48% | 6.27% | -79 bps |

| PAT after Non-Controlling Interest | 163.60 | 127.43 | +28% |

| EPS (INR) | 51.75 | 40.31 | - |

Segment Revenue Breakdown (INR Crore)

  • Industrial Construction: INR 435 Cr in Q2 FY27 (up from INR 313 Cr in Q1 FY27 and INR 372 Cr in Q2 FY26).
  • Industrial Services: INR 440 Cr in Q2 FY27 (up from INR 431 Cr in Q1 FY27 and INR 570 Cr in Q2 FY26).
  • Infrastructure Construction: INR 796 Cr in Q2 FY27 (up from INR 582 Cr in Q1 FY27 and INR 332 Cr in Q2 FY26).
  • MDO (Mining Development & Operations): INR 85 Cr in Q2 FY27 (up from INR 84 Cr in Q1 FY27 and INR 31 Cr in Q2 FY26).

Segment revenue as a percentage of total revenue in Q2 FY27 was: Industrial Construction (23.12%), Industrial Services (35.43%), Infrastructure Construction (36.17%), and MDO (5.28%).

Consolidated Balance Sheet (as of September 30, 2026)

| Assets | Sep-26 (INR Cr) | Mar-26 (INR Cr) |

| Total Assets | 6,242.72 | 5,589.36 |

| Non-Current Assets | 1,891.20 | 1,480.87 |

| Current Assets | 4,351.52 | 4,108.49 |

| Equity & Liabilities | Sep-26 (INR Cr) | Mar-26 (INR Cr) |

| Total Equity | 2,589.05 | 2,182.63 |

| Share Capital | 31.62 | 31.62 |

| Reserves & Surplus | 2,486.77 | 2,128.30 |

| Non-Controlling Interest | 70.66 | 22.71 |

| Non-Current Liabilities | 601.43 | 365.83 |

| Current Liabilities | 2,398.88 | 2,065.95 |

Consolidated Cash Flow Statement (H1 FY27)

| Particulars | Sep-26 (INR Cr) | Sep-25 (INR Cr) |

| Net Cash from Operating Activities | (2.85) | (62.59) |

| Net Cash from Investing Activities | (422.13) | (73.46) |

| Net Cash from Financing Activities | 419.67 | 167.36 |

| Net Decrease in Cash and Cash Equivalents | (5.31) | 31.31 |

| Cash & Cash Equivalents at period end | 101.40 | 123.30 |

Leadership and Board

The presentation listed the Board of Directors and the Leadership Team, including:

  • Mr. Sajja Kishore Babu: Founder, Chairman & Managing Director.
  • Mr. J P Chalasani: Independent Director.
  • Mr. Sajja Rohit: Executive Director.
  • Mr. B Prasada Rao: Independent Director.
  • Mr. M Rajiv Kumar: Non-Executive Director.
  • Ms. Vasundhara Sinha: Independent Director.

Key management personnel included Mr. N Nani Aravind (Group CFO) and Mr. M Raghavendra Prasad (Group Company Secretary & Compliance Officer).

Disclaimer

The presentation included a standard disclaimer stating that it does not constitute a prospectus or an offer to acquire securities. It contains forward-looking statements subject to risks, uncertainties, and other factors that could cause actual results to differ materially.