Power Mech Projects Limited — PPTs, 12-11-2025: Investor Presentation

Power Mech Projects delivered a strong Q2 performance, laying a foundation for continued growth.

1. **Business Performance:** Q2 Revenue climbed 20% YoY to 1,238 Cr, with H1 revenue reaching 2,531 Cr (+24% YoY). Q2 EBITDA grew 18% YoY to 158 Cr (13% margin), while H1 EBITDA jumped 33% YoY to 340 Cr. The power segment saw sustained momentum, O&M accelerated, and MDO's revenue contribution increased.

2. **Growth Drivers & Strategy:** As India’s leading O&M service provider with 75+ GW under management, the company is diversifying its engineering and infrastructure execution. Key strategies involve expanding into high-value EPC projects in adjacent sectors like water and roads, alongside digital transformation initiatives.

3. **Recent Developments:** The company secured over 4,800 Cr in new orders for FY26, including major wins from BHEL, Adani Group, and SJVN Thermal for significant EPC and O&M projects. High-margin MDO contracts worth 39,500 Cr are now operational.

4. **Key Financial Metrics:** The current order backlog exceeds 56,000 Cr (excluding MDO), providing over 3 years of revenue visibility.

5. **Management Outlook:** Margins are expected to improve from Q3 onwards, boosted by the scaling of MDO operations and growth in core businesses. The company targets 10,000 Cr in order inflows for FY26.