Power Mech Projects Limited — PPTs, 11-08-2025: Investor Presentation

**1. Financial Highlights:**

Q1FY26 revenue climbed 28% YoY to Rs. 1,293 Cr; EBITDA surged 48% to Rs. 182 Cr (13.95% margin). However, quarterly PAT (after Non-Controlling Interest) dipped 9% to Rs. 53 Cr. FY25 full-year revenue hit Rs. 5,234 Cr (+25% YoY), with PAT at Rs. 327 Cr (+32% YoY). The order book stands robust at Rs. 53,972 Cr. Notably, FY25 net cash from operations was Rs. 0 Cr.

**2. Strategic Initiatives & Growth Drivers:**

Strategic diversification targets non-power sectors (Railways, Roads, Water, Mining), leveraging National Infrastructure Pipeline opportunities. Key growth includes expanding Mining Development & Operations (MDO) capabilities and exploring Flue-gas desulfurization (FGD) via tie-ups.

**3. Business Developments:**

Secured long-term MDO contracts exceeding Rs. 39,000 Cr from Central Coalfields and SAIL, providing multi-decade revenue visibility. O&M services expanded into new industrial sectors, including Refinery, Petrochemical, Steel, and Water, broadening the business scope.

**4. Market Position & Competitive Advantage:**

Positioned as a leading industrial services and construction firm, it is the largest O&M service provider with integrated operations. Strong execution, experienced management, and established client relationships across diverse geographies bolster its competitive edge.

**5. Investor Implications:**

The robust order book and long-term MDO contracts signal strong future revenue and positive growth potential. Strategic diversification aids in reducing sector risks. Investors should monitor quarterly PAT trends and operational cash flow for sustained profitability.