Power Mech Projects Ltd

The contract is a domestic order covering O&M services and has been awarded by a domestic entity. The scope of work includes providing operations and maintenance services under a KPI-based framework for the power plant. The contract will be executed over a period of 60 months, from 01 July 2026 to 30 June 2031. The total contract value is Rs 266.26 crore . The promoter/promoter group companies have no interest in the awarding entity, and the transaction does not fall under related party transactions and is being executed at arm's length. Power Mech Projects is an engineering and construction company providing integrated services in erection, testing and commissioning (ETC) of boilers, turbines and generators; balance of plant (BOP); civil works; and operation and maintenance (O&M) services across power, infrastructure, and industrial sectors. The company reported a 21.6% increase in consolidated net profit to Rs 142.55 crore in Q4 FY26, compared with Rs 117.24 crore recorded in Q4 FY25. Revenue from operations jumped 13.89% YoY to Rs 2,110.73 crore for the quarter ended 31 March 2026. Shares of Power Mech Projects rose 0.55% to Rs 2,5013.10 on the BSE. Powered by Capital Market - Live

Power Mech Projects has secured an order worth Rs 266.23 crore from Adani Infrastructure Management Services of Adani Group for providing KPI based contract for operations and maintenance services at 2x300MW Thermal Power Plant at Butibori, Maharashtra, India.

Power Mech Projects announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

The key equity benchmarks traded with moderate gains in morning trade supported by positive global cues. Hopes of de-escalation in the Middle East boosted investor confidence. While crude oil prices slightly higher but eased from recent high of $110-per-barrel level. The rupee also strengthened against the U.S. dollar. Investors remained focused on the ongoing quarterly earnings season. Nifty traded above the 23,750 mark. Realty shares rallied for three consecutive trading sessions. At 10 25 IST, the barometer index, the S&P BSE Sensex added 298.89 points or 0.40% to 75,627.80. The Nifty 50 index rose 128.35 points or 0.55% to 23,786.25. The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.68% and the BSE 250 SmallCap Index jumped 1.12%. The market breadth was strong. On the BSE, 2,643 shares rose and 964 shares fell. A total of 242 shares were unchanged. In the commodities market, Brent crude for July 2026 settlement advanced 81 cents or 0.77% to $105.80 a barrel. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 96.2150 compared with its close of 96.8600 during the previous trading session. Earnings to Watch: ITC(up 0.73%), LG Electronics India(up 0.56%), Life Insurance Corporation of India(up 1.08%), FSN E-Commerce Ventures (Nykaa), (up 0.62%), Aurobindo Pharma(up 1.21%), Gail (India)(up 0.13%), Honasa Consumer(up 1.25%), Dr Agarwals Health Care(down 1.44%), Ashoka Buildcon(up 2.73%), Bikaji Foods International(down 1.82%), Emami(up 1.22%), Engineers India(up 0.31%), India Credit Rating Agency (ICRA), JSW Cement(up 1.78%), Max Healthcare Institute(up 2.23%), Prestige Estates Projects(up 1.62%), Rashtriya Chemicals and Fertilizers(RCF) (2.13%), Sun TV Network(up 0.37%) and WeWork India Management (up 0.81%) will announce their quarterly earnings today. Buzzing Index: The Nifty Realty index jumped 1.10% to 775.45. The index climbed 3.13% in the three consecutive trading sessions. Oberoi Realty (up 2.46%), Prestige Estates Projects (up 1.65%), Sobha (up 1.6%), Lodha Developers (up 1.4%) and Godrej Properties (up 1.25%), Phoenix Mills (up 1.16%), Anant Raj (up 0.96%), DLF (up 0.87%) and Aditya Birla Real Estate (up 0.16%) surged. Stocks in Spotlight: Power Mech Projects rallied 4.31% after the company reported a 21.6% increase in consolidated net profit to Rs 142.55 crore in Q4 FY26, compared with Rs 117.24 crore recorded in Q4 FY25. Metro Brands jumped 5.20% after the company's consolidated net profit jumped 23.48% to Rs 117.73 crore on a 20.26% increase in revenue from operations to Rs 772.98 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Revenue from operations jumped 13.89% YoY to Rs 2,110.73 crore for the quarter ended 31 March 2026. Total expenses increased 14.57% to Rs 1,933.11 crore in Q4 FY26 as compared with Rs 1,687.29 crore in Q4 FY25. The cost of raw materials consumed stood at Rs 292.14 crore (up 3.03% YoY), while employee benefit expenses were at Rs 216.59 crore (up 16.58% YoY) during the period under review. Profit before tax (PBT) for the quarter stood at Rs 186.69 crore in Q4 FY26, up 3.2% from Rs 180.90 crore reported in Q4 FY25. On a full-year basis, the company's consolidated net profit increased 11.49% to Rs 363.98 crore on a 15.81% rise in revenue from operations to Rs 6,061.57 crore in FY26 over FY25. The Board has recommended a final dividend of Rs 1.50 per equity share of face value Rs 10 each for the financial year ended March 31, 2026, representing 15% of the face value, which, if approved by shareholders at the ensuing Annual General Meeting (AGM), will be paid within 30 days of such approval. Power Mech Projects is an engineering and construction company providing integrated services in erection, testing and commissioning (ETC) of boilers, turbines and generators; balance of plant (BOP); civil works; and operation and maintenance (O&M) services across power, infrastructure, and industrial sectors.Powered by Capital Market - Live

Net profit of Power Mech Projects rose 21.59% to Rs 142.55 crore in the quarter ended March 2026 as against Rs 117.24 crore during the previous quarter ended March 2025. Sales rose 13.89% to Rs 2110.73 crore in the quarter ended March 2026 as against Rs 1853.28 crore during the previous quarter ended March 2025. For the full year,net profit rose 11.49% to Rs 363.98 crore in the year ended March 2026 as against Rs 326.48 crore during the previous year ended March 2025. Sales rose 15.81% to Rs 6061.57 crore in the year ended March 2026 as against Rs 5234.14 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2110.731853.28 14 6061.575234.14 16 OPM %10.7111.54 -11.5811.49 - PBDT208.03196.95 6 632.01547.04 16 PBT186.69180.90 3 557.50491.24 13 NP142.55117.24 22 363.98326.48 11 Powered by Capital Market - Live

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 20 May 2026.

Power Mech Projects has received an order worth Rs 227.95 crore from South Western Railway for development of Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra (THSA) between Channasandra and Yelahanka Stations, Karnataka on Engineering Construction and Procurement (EPC) mode.

The contract covers O&M of the 19.54-km route and 17 stations between Sant Gadge Maharaj Chowk and Chembur in Mumbai for a period of five years. The order is valued at Rs 296 crore. Under the contract, the company will undertake comprehensive O&M services, including operation of new rolling stock and upgraded Communication Based Train Control (CBTC) signalling system for India's only straddle monorail system, which has been in service since 2014. Sajja Kishore Babu, chairman and managing director (MD) said: 'I am delighted to announce that PMPL has secured a major and strategically significant new award for the Operations and Maintenance of the Mumbai Monorail. This contract signifies PMPL's entry into the urban mobility sector and reinforces our position as a prominent O&M company in the nation's rapidly expanding infrastructure sectors. This project strengthens PMPL's strategic fit by creating a powerful synergy between our core industrial O&M competencies and the specialized demands of urban transit. PMPL, with extensive experience in the O&M of power plants, is committed to deploying qualified personnel and delivering the highest standards of services across the Mumbai Monorail. We remain focused on efficient and on-time performance, along with enhanced safety and comfort for passengers. With improving connectivity to other metro, suburban and railway lines, PMPL's operations will be servicing a greater number of commuters over time. This award reflects the confidence placed in PMPL's technical expertise, execution discipline and safety-first culture. Urban transit O&M demands 24x7 readiness, high reliability and strict compliance, areas where PMPL has consistently delivered. We remain committed to supporting MMMOCL in enhancing service reliability and passenger experience through a smooth transition process.' 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 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 has secured an Operations & Maintenance (O&M) contract from Maha Mumbai Metro Operation Corporation (MMMOCL) for the Mumbai Monorail. The contract covers O&M of the 19.54 Km route and 17 stations, from Sant Gadge Maharaj Chowk to Chembur in Mumbai for a period of 5 years. The award represents a total contract value of Rs. 296 crore (excluding GST). The Mumbai Monorail, in service since 2014, is India's only straddle monorail system. Under this contract, the company will undertake comprehensive O&M services which include operating new advanced rolling stock and the new and upgraded Communication Based Train Control (CBTC) signaling system.