Power Mech Projects' Q2 FY 2025-26 Quarterly Results

Result Summary

• Power Mech Projects Ltd reported a 4.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 19.4%.
• Its expenses for the quarter were down by 2.7% QoQ and up 20.4% YoY.
• The net profit decreased 3.0% QoQ and increased 12.4% YoY.
• The earnings per share (EPS) of Power Mech Projects Ltd stood at 23.7 during Q2 FY 2025-26.

Financial Statments for Q2 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 engineering and construction company based in India, primarily engaged in providing comprehensive services in the construction and engineering sector. The company's main focus is on providing services such as erection, testing and commissioning of boilers, turbines, and generators, as well as civil construction works. Power Mech also extends its services to operation and maintenance of power plants, offering a wide range of solutions to various sectors including energy, infrastructure, and heavy engineering. Despite its significant presence in these areas, the company's recent developments and specific strategic initiatives during this period are not provided in the available data.

Revenue

In Q2 FY26, Power Mech Projects Ltd reported a total income of ₹1248.80 crores. This represents a decline of 4.3% from the preceding quarter, Q1 FY26, where the total income was ₹1304.78 crores. However, on a year-over-year basis, comparing Q2 FY26 to Q2 FY25, the company saw a notable increase of 19.4% in total income, up from ₹1045.60 crores in Q2 FY25. This suggests a positive growth trajectory when viewed annually, despite the quarterly drop. The data indicates fluctuations in income, which could be attributed to various operational or market-related factors.

Profitability

The profitability of Power Mech Projects Ltd for Q2 FY26 shows a profit before tax (PBT) of ₹112.17 crores, which is a decrease of 17.8% from the previous quarter's PBT of ₹136.51 crores. Compared to Q2 FY25's PBT of ₹101.55 crores, there is a year-over-year increase of 10.5%. After accounting for taxes, the profit after tax (PAT) for Q2 FY26 is ₹78.11 crores, down 3.0% from Q1 FY26's PAT of ₹80.55 crores, but up 12.4% from Q2 FY25's PAT of ₹69.51 crores. The tax expenses also decreased significantly from ₹55.04 crores in Q1 FY26 to ₹33.26 crores in Q2 FY26, a reduction of 39.6%. This reduction in tax expense contributed to maintaining the YoY growth in PAT.

Operating Metrics

The earnings per share (EPS) for Q2 FY26 is reported at ₹23.70, marking a notable increase of 42.7% from the previous quarter's EPS of ₹16.61. However, when compared year-over-year to Q2 FY25's EPS of ₹42.43, there is a substantial decrease of 44.1%. This fluctuation in EPS suggests variability in the company's earnings performance over the quarters. The total expenses for Q2 FY26 are ₹1136.63 crores, which is a decrease of 2.7% compared to Q1 FY26's expenses of ₹1168.27 crores, yet an increase of 20.4% from Q2 FY25's expenses of ₹944.05 crores. These figures indicate changes in the company's cost structure over the period analyzed, reflecting on its operational efficiencies and cost management strategies.