Power Mech Projects' Q1 FY 2025-26 Quarterly Results

Result Summary

• Power Mech Projects Ltd reported a 0.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.3%.
• Its expenses for the quarter were down by 1.8% QoQ and up 25.9% YoY.
• The net profit decreased 4.6% QoQ and increased 30.5% YoY.
• The earnings per share (EPS) of Power Mech Projects Ltd stood at 16.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Power Mech Projects Ltd is a prominent player in the infrastructure and construction industry, primarily focusing on providing integrated services spanning across power infrastructure and development projects. The company is known for its expertise in executing large-scale projects, including power generation plants, water supply projects, and industrial construction. Known for its technical prowess and robust project management capabilities, Power Mech Projects has established a significant presence in both domestic and international markets. While specific recent developments are not detailed within the provided data, the company continues to maintain a strong foothold in the sectors it operates, contributing to infrastructure growth and development.

Revenue

In Q1FY26, Power Mech Projects Ltd reported a total income of ₹1304.78 crores, reflecting a slight decrease of 0.5% from the previous quarter's total income of ₹1311.86 crores. However, on a year-over-year basis, the company experienced a significant increase of 28.3% compared to Q1FY25, where the total income was ₹1016.62 crores. This substantial year-over-year growth indicates an improved revenue trajectory over the past year, showcasing the company's capacity to generate higher sales or diversify its revenue streams. The marginal quarter-over-quarter decline suggests a relatively stable performance with minor fluctuations.

Profitability

Profitability metrics for Power Mech Projects Ltd in Q1FY26 demonstrate a positive trend compared to the same quarter in the previous year. The Profit Before Tax (PBT) increased by 53.8% year-over-year, rising from ₹88.75 crores in Q1FY25 to ₹136.51 crores in Q1FY26. On a quarter-over-quarter basis, PBT saw an 11.7% increase from ₹122.17 crores in Q4FY25. Despite the increase in profits before tax, the Profit After Tax (PAT) for Q1FY26 was ₹80.55 crores, representing a decrease of 4.6% from Q4FY25, but a year-over-year increase of 30.5% from ₹61.72 crores in Q1FY25. The tax expense for Q1FY26 was ₹55.04 crores, marking a substantial increase of 46.2% from the previous quarter and 108.3% from the same quarter last year, impacting the overall net profit.

Operating Metrics

The Earnings Per Share (EPS) for Power Mech Projects Ltd in Q1FY26 was ₹16.60, a significant reduction of 69.0% compared to the previous quarter's EPS of ₹53.50. Year-over-year, the EPS also decreased by 56.3% from Q1FY25's EPS of ₹38.00. Total expenses for the company stood at ₹1168.27 crores for Q1FY26, showing a decrease of 1.8% from Q4FY25 and a 25.9% increase from Q1FY25's figure of ₹927.87 crores. These financial metrics suggest varying quarterly performance dynamics and a notable yearly improvement in operational scale and efficiency.