With reference to the subject cited above, please find enclosed the transcript of the Conference Call with Investors / Analysts held on May 22, 2026, on the Q4FY26 performance of the Company.
POWERMECH · price
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Power Mech Projects reported Q4 FY26 revenue of INR 2,121 crores (13% YoY growth) with EBITDA of INR 237 crores and PAT of INR 153 crores (18% YoY growth). For FY26, total revenue was INR 6,107 crores (16% growth) with EBITDA of INR 750 crores (12.3% margin) and PAT of INR 412 crores. The company secured orders worth INR 7,210 crores in FY26 (72% of INR 10,000 crore target), missing guidance due to cancellation of a INR 1,563 crore BESS order by West Bengal. Total order backlog stands at INR 55,151 crores with executable book of INR 15,899 crores. For MDO business, KBP mine contributed INR 248 crores and SAIL project INR 106 crores in FY26, with FY27 guidance of INR 500 crores combined and FY28 of INR 1,250 crores. Operating cash flow improved significantly to INR 430 crores in FY26 from INR 74 lakhs in FY25. FY27 order inflow target is INR 12,000 crores with identified opportunity pipeline of INR 70,000 crores.
Strong multi-year revenue visibility from INR 55,151 crore order book; management targeting 21% revenue growth in FY27 with improving EBITDA margins to 12.5% on higher O&M and EPC contribution; MDO business ramping up with margin trajectory from 15% to 20% at peak capacity by FY29-30.