Power Mech Projects Ltd
Power Mech Projects Limited, incorporated in 1999, is an engineering and construction company providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators and balance of plant (BOP), civil works and operation and maintenance (O&M). The company undertakes ultra mega power projects, super critical thermal power projects and sub critical power projects.[1][2]
- Market Cap ₹ 7,828 Cr.
- Current Price ₹ 2,476
- High / Low ₹ 3,725 / 1,958
- Stock P/E 29.7
- Book Value ₹ 609
- Dividend Yield 0.04 %
- ROCE 23.8 %
- ROE 15.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 20.5% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -5.42%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Part of BSE Industrials Nifty Microcap 250 Nifty Total Market BSE Allcap BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
933 | 1,187 | 1,356 | 1,362 | 1,291 | 1,310 | 1,737 | 2,045 | 1,754 | 2,631 | 3,532 | 4,059 | 4,112 | |
812 | 1,033 | 1,190 | 1,182 | 1,129 | 1,146 | 1,511 | 1,798 | 1,709 | 2,356 | 3,135 | 3,585 | 3,644 | |
Operating Profit | 121 | 154 | 165 | 180 | 162 | 164 | 225 | 247 | 46 | 276 | 397 | 474 | 467 |
OPM % | 13% | 13% | 12% | 13% | 13% | 12% | 13% | 12% | 3% | 10% | 11% | 12% | 11% |
5 | 12 | 6 | 6 | 7 | 7 | 14 | 9 | 20 | 22 | 13 | 28 | 48 | |
Interest | 17 | 26 | 29 | 32 | 31 | 33 | 50 | 72 | 78 | 76 | 88 | 91 | 83 |
Depreciation | 33 | 33 | 37 | 39 | 40 | 36 | 39 | 36 | 33 | 34 | 41 | 41 | 44 |
Profit before tax | 75 | 107 | 105 | 114 | 98 | 101 | 151 | 148 | -46 | 187 | 282 | 370 | 388 |
Tax % | 34% | 36% | 33% | 35% | 35% | 35% | 37% | 25% | -24% | 25% | 26% | 35% | |
50 | 68 | 71 | 74 | 64 | 66 | 96 | 111 | -35 | 141 | 209 | 241 | 263 | |
EPS in Rs | 23.31 | 31.19 | 28.06 | 25.13 | 21.66 | 22.41 | 32.56 | 37.64 | -11.77 | 47.95 | 70.22 | 76.15 | 83.33 |
Dividend Payout % | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 1% | 0% | 2% | 1% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 19% |
3 Years: | 32% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 21% |
3 Years: | 107% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 51% |
3 Years: | 74% |
1 Year: | 24% |
Return on Equity | |
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10 Years: | 13% |
5 Years: | 13% |
3 Years: | 17% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 16 |
Reserves | 192 | 263 | 341 | 538 | 602 | 667 | 762 | 871 | 837 | 979 | 1,212 | 1,791 | 1,909 |
165 | 209 | 257 | 235 | 193 | 282 | 365 | 515 | 515 | 510 | 476 | 353 | 591 | |
396 | 471 | 421 | 491 | 455 | 478 | 644 | 757 | 765 | 983 | 1,254 | 1,240 | 1,203 | |
Total Liabilities | 764 | 953 | 1,032 | 1,279 | 1,265 | 1,441 | 1,786 | 2,158 | 2,131 | 2,487 | 2,956 | 3,400 | 3,719 |
169 | 173 | 178 | 192 | 161 | 149 | 155 | 154 | 143 | 152 | 162 | 182 | 235 | |
CWIP | 7 | 7 | 9 | 7 | 8 | 6 | 3 | 3 | 5 | 2 | 2 | 10 | 3 |
Investments | 0 | 5 | 7 | 7 | 9 | 11 | 14 | 14 | 16 | 16 | 14 | 15 | 15 |
587 | 768 | 838 | 1,073 | 1,086 | 1,276 | 1,613 | 1,988 | 1,967 | 2,317 | 2,778 | 3,193 | 3,466 | |
Total Assets | 764 | 953 | 1,032 | 1,279 | 1,265 | 1,441 | 1,786 | 2,158 | 2,131 | 2,487 | 2,956 | 3,400 | 3,719 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | 26 | 10 | -24 | 91 | 1 | 12 | -63 | 105 | 177 | 159 | 180 | |
-32 | -45 | -38 | -54 | -12 | -31 | -60 | 4 | -37 | -38 | -91 | -329 | |
25 | 20 | 28 | 69 | -74 | 54 | 31 | 69 | -80 | -80 | -99 | 137 | |
Net Cash Flow | 15 | 1 | 0 | -9 | 5 | 24 | -17 | 10 | -12 | 59 | -32 | -12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 46 | 52 | 73 | 75 | 88 | 82 | 84 | 101 | 89 | 92 | 87 |
Inventory Days | 109 | 119 | 148 | 107 | 135 | 73 | ||||||
Days Payable | 827 | 919 | 1,066 | 923 | 778 | 630 | ||||||
Cash Conversion Cycle | -650 | -754 | -866 | -743 | -567 | -469 | 82 | 84 | 101 | 89 | 92 | 87 |
Working Capital Days | 30 | 35 | 59 | 104 | 121 | 153 | 138 | 160 | 193 | 143 | 122 | 130 |
ROCE % | 29% | 31% | 25% | 21% | 16% | 15% | 19% | 17% | 2% | 19% | 23% | 24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Nov - Transcript of Q2 FY25 earnings conference call.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Nov - Recordings of conference call uploaded for Q2 results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 Nov - Investor presentation on un-audited financial results for Q2 2024.
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Revised Un-Audited Financial Results For The Quarter And Half Year Ended 30.09.2024
12 Nov - Correction of typographical errors in financial results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - News paper publication relating to Un-audited Financial Results for quarter and half year ended 30-09-2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Nov 2022TranscriptPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Mar 2021TranscriptNotesPPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020Transcript PPT
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Jul 2020TranscriptNotesPPT
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Feb 2020TranscriptPPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Feb 2019TranscriptPPT
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Nov 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017Transcript PPT
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Aug 2017Transcript PPT
Business Units
The company has 5 strategic units namely Industrial Services, Industrial Construction, Infrastructure Construction, Manufacturing & Heavy Fabrication, and Mining. [1]