Power Mech Projects Ltd

The contracts have been awarded by Mirzapur Thermal Energy (UP) and Mahan Energen for ultra supercritical thermal power projects. The scope of work includes erection, testing, commissioning and manpower assistance for performance guarantee tests of Steam Generator (SG) and Steam Turbine Generator (STG), along with auxiliaries, for Unit 1 and 2 of the 2x800 MW Mirzapur Phase-I and Mahan Phase-III projects. The Mirzapur order is valued at Rs 515 crore, while the Mahan order is worth Rs 490 crore (excluding GST and applicable taxes). The projects are to be executed within 36 months from the erection start date as notified under the Notice to Proceed (NTP). The company reported a 14.6% year-on-year increase in consolidated net profit to Rs 93.99 crore in Q3 FY26, compared with Rs 82.03 crore recorded in Q3 FY25. Revenue from operations (net sales) rose 6.1% YoY to Rs 1,419.56 crore for the quarter ended 31 December 2025, as against Rs 1,337.97 crore in the corresponding period last year. Power Mech Projects is an engineering and construction company providing integrated service in erection, testing, and commissioning (ETC) of boilers, turbines, and generators and balance of plant (BOP), civil works, and operation and maintenance (O&M).Powered by Capital Market - Live

Power Mech Projects has secured large scale orders aggregating to Rs 1005 crore from Mirzapur Thermal Energy (UP) and Mahan Energen (subsidiaries of Adani Power). The scope of work includes onsite services for erection, testing, commissioning and manpower assistance for performance guarantee test of steam generator (SG) (package A) and steam turbine generator (STG) (package B) for Unit 1 and 2 of 2x800 MW Mirzapur Phase-I Ultra Supercritical Thermal Power Project and for Unit 1 and 2 of 2x800 MW Mahan Phase III Ultra Supercritical Thermal Power Project. Powered by Capital Market - Live

Revenue from operations (net sales) rose 6.1% YoY to Rs 1,419.56 crore for the quarter ended 31 December 2025, as against Rs 1,337.97 crore in the corresponding period last year. Profit before tax (PBT) for the quarter stood at Rs 123.86 crore in Q3 FY26, up 2.1% from the Rs 121.32 crore reported in Q3 FY25. Total expenses increased 6.78% to Rs 1,309.10 crore in Q3 FY26 as compared with Rs 1,225.98 crore in Q3 FY25. The cost of raw material consumed stood at Rs 233.26 crore (up 8.84% YoY), and employee benefit expenses were at Rs 191.86 crore (up 11.85% YoY) during the period under review. Power Mech Projects is an engineering and construction company providing integrated service in erection, testing, and commissioning (ETC) of boilers, turbines, and generators and balance of plant (BOP), civil works, and operation and maintenance (O&M). The counter slipped 3.56% to Rs 2,191.25 on the BSE.Powered by Capital Market - Live

Net profit of Power Mech Projects rose 14.58% to Rs 93.99 crore in the quarter ended December 2025 as against Rs 82.03 crore during the previous quarter ended December 2024. Sales rose 6.10% to Rs 1419.56 crore in the quarter ended December 2025 as against Rs 1337.97 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1419.561337.97 6 OPM %11.2511.28 - PBDT143.18135.34 6 PBT123.86121.32 2 NP93.9982.03 15 Powered by Capital Market - Live

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

The order entails setting up a 250 MW / 1,000 MWh standalone Battery Energy Storage System (BESS) at Goaltore, Paschim Medinipur, West Bengal. The project covers design, financing, engineering, procurement, construction, operation, and maintenance of the BESS, with commissioning scheduled within 18 months of signing the Battery Energy Storage Purchase Agreement (BESPA) and an O&M period of 180 months. The project is structured under a build-own-operate (BOO) model with a 100% off-take guarantee from WBSEDCL. A greenshoe option of 250 MW / 1,000 MWh is also included for the Durgapur Project (DPL) campus in Durgapur, West Bengal. Hyderabad-based Power Mech Projects is one of the leading infrastructure construction companies. The company reported an 11.70% increase in consolidated net profit to Rs 74.92 crore in Q2 FY26, compared to Rs 67.07 crore recorded in Q2 FY25. Revenue from operations jumped 19.54% YoY to Rs 1,237.87 crore for the quarter ended 30 September 2025.Powered by Capital Market - Live

Revenue from operations jumped 19.54% YoY to Rs 1,237.87 crore for the quarter ended 30 September 2025. On sequentially, the company's consolidated net profit surged 42.65% and 4.29% decline in revenue. Total expenses increased 20.39% to Rs 1136.63 crore in Q2 FY26 as compared with Rs 944.05 crore in Q2 FY25. Cost of raw material consumed stood at Rs 239.44 crore (up 40.20% YoY), employee benefit expenses was at Rs 175.93 crore (up 13.93% YoY) during the period under review. Profit before tax (PBT) for the quarter stood at Rs 111.37 crore in Q2 FY26, up 10.37% from Rs 100.90 crore reported in Q2 FY25. On half-year basis, the company's consolidated net profit rose marginally to Rs 127.43 crore in Q2 FY26 as against Rs 127.20 crore posted in the same quarter last year. Revenue from operations jumped 23.90% YoY to Rs 2,531.29 crore in H1 FY26 over H1 FY25. Power Mech Projects is an engineering and construction company providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators and balance of plant (BOP), civil works and operation and maintenance (O&M). The company is undertaking projects of all types, sizes and in all environments in India and abroad which include ultra mega power projects, super critical thermal power projects, sub critical power projects, heat recovery steam generator, waste heat recovery steam generator, circulating fluidized bed combustion steam generator, gas turbine generator, hydro electric plants, maintenance, renovation, modernization and annual maintenance of running plants and complete civil works in India and abroad. The counter slipped 2.09% to Rs 2,354 on the BSE. Powered by Capital Market - Live

Net profit of Power Mech Projects rose 11.70% to Rs 74.92 crore in the quarter ended September 2025 as against Rs 67.07 crore during the previous quarter ended September 2024. Sales rose 19.54% to Rs 1237.87 crore in the quarter ended September 2025 as against Rs 1035.49 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1237.871035.49 20 OPM %11.8211.88 - PBDT128.79114.21 13 PBT111.37100.90 10 NP74.9267.07 12 Powered by Capital Market - Live

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Power Mech Projects has been awarded Balance of Plant Package on EPC Basis for 1 x 800 MW Singareni TPS, Stage-II, by Bharat Heavy Electricals for a value over Rs 2500 crore excl. GST. The Scope of Work under the contract includes Engineering, Procurement & Construction of Coal and Biomass Handling System, Ash Handling System, Utilities, Induced Draft Cooling Tower (IDCT), Water and Wastewater Treatment plant, Fire Protection System associated Civil & Structural Works and Electrical, C&I. Powered by Capital Market - Live