MarketFriction

Power Mech Projects Ltd

NSE POWERMECH · BSE 539302 · Civil Construction
₹2,476.20 -0.57%
NSE close2026-10-01
52 week range1,717.70 - 3,007.50
Market cap₹7,579 Cr.
P/E19.4
IPO 2015 · +674% since Microcap 250 Price band 20% Delivery 34.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9321,1081,3021,0071,0351,3381,8531,2931,2381,4202,1111,624
Expenses8229751,1528949121,1871,6391,1231,0921,2601,8851,456
Operating Profit111133150113123151214170146160226167
OPM %12%12%11%11%12%11%12%13%12%11%11%10%
Other Income4710910917111113109
Interest252326221925342928302827
Depreciation101212121314161617192123
Profit before tax8010512288101121181136111124187126
Tax %36%41%31%30%31%29%28%41%30%20%18%29%
Net Profit516284627087130817810015389
EPS in Rs17.2019.4726.7419.0321.2225.9537.0816.6123.7029.7345.0925.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3781,3381,5482,2612,1651,8842,7103,6014,2075,2346,0626,392
Expenses1,1961,1721,3461,9701,8941,8452,4243,2063,7144,6325,3595,693
Operating Profit18216620229127139287395493602702699
OPM %13%12%13%13%13%2.1%11%11%12%12%12%11%
Other Income687151116141728454543
Interest33333655747979909499116113
Depreciation394143463936374344567581
Profit before tax116100130206168-60185280382491558548
Tax %35%36%30%30%22%-19%25%26%35%29%26%
Net Profit756591143131-49138207248348412420
EPS in Rs25.5422.0027.0241.3744.65-15.5247.2870.1778.50103.26115.13123.75
Dividend Payout %2%2%2%1%1%0%2%1%1%1%1%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%26%19%16%
Compounded Profit Growth17%58%20%23%
Stock Price CAGR26%38%5%-11%
Return on Equity14%16%16%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131515151515151515163232
Reserves3425406076848059368901,0291,2601,8222,1282,487
Borrowings271251211298380523515531477396735664
Other Liabilities4224995305887288658501,0231,3021,3341,7192,407
Total Liabilities1,0481,3051,3631,5851,9272,3392,2702,5973,0543,5684,6145,589
Fixed Assets183198206203190188175180189231323429
CWIP1722126335231128182
Investments00103133413936373634
Other Assets8481,0851,1431,3761,7022,1162,0492,3752,8273,2884,2274,945
Total Assets1,0481,3051,3631,5851,9272,3392,2702,5973,0543,5684,6145,589
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4-17119361-481221751822051387
Cash from Investing Activity-45-63-40-42-633-47-52-91-373-193-184
Cash from Financing Activity4271-73502559-91-63-120176232-189
Net Cash Flow1-9644-3714-1660-2974015
Free Cash Flow-48-75803-25-7597135133115-15960
CFO/OP25%11%96%37%21%9%379%82%65%56%25%82%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days52728073639110390919010293
Inventory Days151991319290111
Days Payable1,043859797597423493
Cash Conversion Cycle-840-687-585-4336391103909190-231-289
Working Capital Days85266655979917575867473
ROCE %25%21%16%18%23%18%1%18%22%24%23%22%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.05%60.40%60.38%58.29%58.29%58.29%58.29%58.29%58.33%58.33%58.41%58.41%
FIIs4.16%4.24%4.98%5.24%4.98%4.97%4.74%5.07%7.01%6.55%6.48%6.54%
DIIs14.53%18.57%19.44%21.65%23.24%23.38%23.39%23.31%21.01%20.54%20.18%20.60%
Public17.25%16.80%15.19%14.82%13.50%13.36%13.57%13.33%13.65%14.58%14.92%14.45%
No. of Shareholders25,45923,90726,73029,15649,59460,72362,46573,79273,32775,22877,35079,426

Fundamentals

Market Cap₹ 7,579 Cr.
Current Price₹ 2,397
Stock P/E19.4
Book Value₹ 797
ROCE21.7 %
ROE15.4 %
Dividend Yield0.06 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)23%
Consolidated figures.
Valuation
Market capRs 7,829 Cr
Enterprise valueRs 8,000 Cr
P/E (TTM)20.01x
Price to book3.11x
Price to sales1.22x
EV / EBITDA10.78x
EV / EBIT12.10x
EV / sales1.25x
Price to cash flow20.21x
Earnings yield5.00%
Dividend yield0.06%
P/E, 3-year average19.11x
P/B, 3-year average2.77x
P/E, 5-year average14.11x
P/B, 5-year average2.07x
Profitability
Operating margin (excl. other income)11.58%
Operating margin (incl. other income)12.33%
EBITDA margin11.61%
Pre-tax margin8.58%
Net profit margin6.12%
Net margin, latest quarter4.91%
ROE15.56%
ROCE22.15%
ROA7.13%
ROE, 3-year average15.94%
ROCE, 3-year average23.03%
ROA, 3-year average7.54%
ROE, 5-year average16.03%
ROCE, 5-year average21.79%
ROA, 5-year average7.14%
ROIC (approx.)18.15%
Tax rate26.16%
Other income / net worth1.80%
Growth
Sales growth (latest year)15.81%
Profit growth (latest year)11.49%
Sales CAGR, 3 years18.95%
Sales CAGR, 5 years26.33%
Profit CAGR, 3 years20.29%
Sales growth QoQ-23.07%
Profit growth QoQ-44.03%
Sales growth YoY (latest quarter)25.53%
Profit growth YoY (latest quarter)51.90%
Per share
EPS (TTM)Rs 123.75
EPS (latest year)Rs 115.13
EPS (latest quarter)Rs 25.23
EPS, 3-year averageRs 125.11
EPS, 5-year averageRs 122.03
Book value per shareRs 796.55
Sales per shareRs 2,021.69
Cash flow per shareRs 122.55
Free cash flow per shareRs 18.98
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.58
Dividend per share, 5-year averageRs 1.65
Dividends
Dividend payout1.30%
Dividend payout, 3-year average1.26%
Dividend payout, 5-year average1.36%
Efficiency
Asset turnover1.08x
Fixed asset turnover14.14x
Inventory turnover16.96x
Inventory days22 days
Debtor days93 days
Debtors turnover3.92x
Creditor days493 days
Cash conversion cycle-289 days
Working capital days73 days
Leverage
Total debtRs 664 Cr
Cash and bankRs 493 Cr
Net debtRs 171 Cr
Debt to equity0.26x
Net debt / EBITDA0.23x
Interest coverage5.86x
Current ratio (filing 2026-03-31)1.71x
Quick ratio (filing 2026-03-31)1.60x
Trade payables (filing 2026-03-31)Rs 1,174 Cr
Owners' fund to total sources45.06%
Debt to assets11.87%
Cash flow
Cash from Operating Activity (latest year)Rs 387 Cr
Cash from Investing Activity (latest year)Rs -184 Cr
Cash from Financing Activity (latest year)Rs -189 Cr
Net Cash Flow (latest year)Rs 15 Cr
Free cash flow (latest year)Rs 60 Cr
FCFE (approx.: FCF + change in debt)Rs -11 Cr
Cash from ops / profit, 5 years0.70x
Sales to cash flow15.64x
Statement figures
Net sales (TTM)Rs 6,392 Cr
Net sales (latest year)Rs 6,062 Cr
Sales (latest quarter)Rs 1,624 Cr
Operating profit excl. other income (latest year)Rs 702 Cr
Operating profit (latest quarter)Rs 167 Cr
Other income (TTM)Rs 43 Cr
EBITDA (TTM)Rs 742 Cr
PBDT (TTM)Rs 629 Cr
Profit before tax (TTM)Rs 548 Cr
Tax (latest year)Rs 146 Cr
Net profit (TTM)Rs 391 Cr
Net profit (latest year)Rs 364 Cr
Net profit (latest quarter)Rs 80 Cr
Depreciation (TTM)Rs 81 Cr
Depreciation (latest quarter)Rs 23 Cr
Interest (TTM)Rs 113 Cr
Cost of goods sold (latest year)Rs 4,481 Cr
Total expenditure (latest year)Rs 5,359 Cr
Total income (latest year)Rs 6,107 Cr
Share capitalRs 32 Cr
ReservesRs 2,487 Cr
Shareholders' fundsRs 2,518 Cr
Total assetsRs 5,589 Cr
Net blockRs 429 Cr
Capital work in progressRs 182 Cr
InvestmentsRs 34 Cr
ReceivablesRs 1,547 Cr
InventoryRs 264 Cr
Other liabilitiesRs 2,407 Cr
Shares outstanding (crore)3.16
Ownership
Promoter holding58.41% (+0.12 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 20.0 is at the 49th percentile of its own 8.4-year range (median 20.1, low 4.1, high 43.2).
P/B 3.11 is at the 64th percentile (median 2.19).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPOWERMECHNifty 50Difference
1 week+1.9%-2.8% +4.7 pts
1 month-0.2%-6.8% +6.6 pts
3 months-5.9%-7.6% +1.7 pts
6 months+42.9%+0.4% +42.5 pts
1 year-11.4%-9.9% -1.4 pts
2 years-26.0%-13.6% -12.4 pts
3 years+18.0%+14.2% +3.8 pts
5 years+411.2%+27.9% +383.3 pts
43 mutual fund schemes hold about ₹1,594 Cr. Over three months 4 bought more and 27 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund1.32%555 -6%
SBI Flexicap Fund0.77%179 +5%
HSBC Value Fund1.16%178 -6%
ICICI Pru Energy Opportunities Fund1.28%106 -19%
HDFC Defence Fund0.66%76 -12%
Bandhan Small Cap Fund0.21%73 -0%
Edelweiss Large & Mid Cap Fund1.16%57 -8%
Aditya Birla SL Value Fund0.71%49 -8%
HSBC Multi Cap Fund0.60%36 -12%
Edelweiss Small Cap Fund0.49%36 -12%
DSP India T.I.G.E.R Fund0.50%32 -6%
HDFC Infrastructure Fund0.96%22 +4%
Altiva Equity Ex-Top 100 Long-Short Fund2.25%21 +127%
ICICI Pru ELSS-Tax Saver Fund0.13%18 -5%
Aditya Birla SL Infrastructure Fund1.31%16 -4%
HSBC Business Cycles Fund1.09%13 -7%
Bandhan Infrastructure Fund0.93%13 +1%
HSBC Infrastructure Fund0.52%13 -4%
Bandhan Innovation Fund0.43%11 -22%
SBI LT Advantage Fund-V2.65%10 -7%
Bandhan Aggressive Hybrid Fund0.36%9 +1%
Union Small Cap Fund0.33%9 -18%
Motilal Oswal Nifty Microcap 250 Index Fund0.35%9 -9%
JM Small Cap Fund0.91%8 +42%
Union Business Cycle Fund1.63%8 -34%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,624 Cr +25.6% vs Jun 2025. Net profit ₹89 Cr +9.9%.
Against our estimate for Jun 2026: sales +14.2%, profit -6.2% miss. Our estimate for Sep 2026: sales Rs 1,483 Cr, profit Rs 99 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-10Dividend - Rs 1.50 Per Share
2025-09-15Dividend - Rs 1.25 Per Share
2024-10-08Bonus 1:10.5000
2024-09-20Annual General Meeting/Dividend - Rs 2 Per Share
2023-09-21Annual General Meeting/Dividend - Rs 2 Per Share
2022-09-22Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-09-22 Annual General Meeting
2020-10-12 Annual General Meeting/Dividend - Re 1 Per Share
2019-09-19 Annual General Meeting/Dividend - Re 1 Per Share
2018-09-19 Annual General Meeting/Dividend Re 1 Per Share
2017-09-21 Annual General Meeting/Dividend - Re 1/- Per Share
2016-09-22 Annual General Meeting
2016-03-29 Interim Dividend - Re 1/- Per Share (Purpose Revised)
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Power Mech Projects Ltd?

Power Mech Projects Ltd (POWERMECH) has a market capitalisation of Rs 7,579 Cr. at the 2026-10-01 close.

What is the P/E ratio of Power Mech Projects Ltd?

Power Mech Projects Ltd trades at a P/E of 19.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Power Mech Projects Ltd's latest quarterly results?

In the Jun 2026 quarter, Power Mech Projects Ltd sales was Rs 1,624 Cr (+25.6% vs Jun 2025) and net profit was Rs 89 Cr.

What is the 52-week high and low of Power Mech Projects Ltd?

The 52-week high is Rs 3,007.50 and the 52-week low is Rs 1,717.70.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03