Power Mech Projects Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Power Mech reported strong Q3 FY26 performance with total revenue of INR 1,433 crore (+6% YoY) and PAT of INR 100 crore (+15% YoY), achieving a 7.02% PAT margin. Nine-month FY26 revenue grew 17% to INR 3,987 crore. The executable order backlog stands at INR 17,300 crore, ensuring multi-year revenue visibility. Key new wins include a large BOP EPC package (INR 2,550 crore) and a 250MW Battery Energy Storage System project (INR 1,563 crore revenue over 15 years), marking entry into energy storage. Management revised the FY26 revenue target to INR 6,000 crore and expects 20-25% growth for FY27, with improving EBITDA margins up to 14% by FY29, driven by MDO ramp-up and new opportunities. Management is confident about future growth.