Power Mech Projects Limited has announced a strong financial performance for the quarter and year ended March 31, 2026. The company achieved a 16% year-on-year growth in annual revenue, reaching INR 6,107 crore. With a massive order backlog of INR 55,151 crore, the company continues to demonstrate sustained momentum in its core operations, driven by a diversified service model and a growing presence in the MDO segment.
Financial Performance Overview
For the fourth quarter of FY 2026, Power Mech Projects Limited reported a revenue of INR 2,121 crore, representing a 13% year-on-year increase. The company’s annual performance was equally impressive, with a 16% growth in revenue, totaling INR 6,107 crore. Annual EBITDA also saw a robust 15% year-on-year growth, reaching INR 750 crore with a margin of 12.29%.
Order Book and Strategic Wins
The company maintains a significant order backlog of INR 55,151 crore, ensuring strong execution visibility for the medium term. Throughout the year, Power Mech secured new order inflows worth INR 7,210 crore. A key milestone during the year was securing the Balance of Plant EPC package for the 1 x 800 MW Singareni thermal power project from BHEL, marking a strategic entry into high-value integrated EPC projects.
Diversified Growth Strategy
Power Mech continues to benefit from its integrated and diversified business model. The company’s operations span four key segments: Erection, Testing & Commissioning (ETC), Operations & Maintenance (O&M), Civil Construction, and Mining, Development & Operations (MDO). The MDO business segment has emerged as a high-margin revenue lever, with operationalized contracts worth INR 39,500+ crore. Additionally, the company has begun expanding into new verticals including metro O&M and various energy infrastructure projects, reinforcing its position as a leading industrial and infrastructure services provider.
Future Outlook
Looking ahead to FY 2027, leadership remains cautiously optimistic. The company aims to focus on disciplined project execution and profitability. Strategic priorities include increasing participation in BOP EPC packages, expanding the O&M footprint, and leveraging digital transformation initiatives across sites to further enhance operational efficiency and project uptime.
Source: BSE
