Power Mech Projects share price today

Power Mech Projects Ltd's share price was ₹2,163.20 at the close on 30 October 2026. It has been falling for 4 weeks. That is 11.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,823 and ₹2,843, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Power Mech Projects Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

Over the last 11 years the share price moved +649% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 11 quarters in a row (every quarter we can compare) and lowest operating margin in 15 quarters.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹1,624 crore, +25.6% on a year earlier.

2. Profit up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter profit was ₹89 crore, +9.9% on a year earlier.

   Why: Profit rose because new plant operation and maintenance orders and civil orders, plus cost control, improved the main company's margin, even as mining and Middle East costs hurt the group.

   Next results: check whether KBP coal production recovers after the upfront soil removal and lifts mine profit.

   From the earnings call on 10 Aug 2026.

3. Lowest operating margin in 15 quarters

   Operating margin was 10% in the June 2026 quarter, against 13% a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Power Mech Projects reported revenue of ₹1,624 crore, up 25.6% from ₹1,293 crore a year earlier, and a profit of ₹89.0 crore, up 9.9% from ₹81.0 crore.

Power Mech Projects results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Power Mech Projects' management discussed these results on a call held on 10 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Power Mech Projects closed at ₹2,163.20 on 30 October 2026, down 13.3% from ₹2,496.20 a year earlier (31 October 2025) and up 339.5% over five years. Its highest weekly close since March 2016 was ₹3,444.15 on 23 August 2024.

Power Mech Projects share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 30 October 2026.

30 Oct 2026: Power Mech Projects closed at ₹2,163.20, up 1.8% on the week and down 12.6% on the month. 10 Sep 2026: ex-date for a dividend of ₹1.50 a share.

Earlier

• 10 Aug 2026: Power Mech Projects held its results call for April to June 2026. Management guided: FY27 consolidated revenue ₹7,300 crore and O&M revenue ₹2,089 crore, approximately 28% on a year earlier growth.
• Results for April to June 2026: Revenue up 25.6% and profit up 9.9% on a year earlier.
• Our read, 27 Jun 2026: Strategic pivot to BOP EPC and MDO operations drives the next leg of growth, despite near-term headwinds from water division receivables.
• 8 Oct 2024: Bonus issue: 1 new share for every 1 held (ex-date).

Our read of the business

Power Mech is transitioning from a traditional mechanical EPC contractor to a higher-margin, asset-backed MDO operator and BOP EPC provider. The legacy water division challenges are being actively de-emphasized. A robust pipeline of order inflow goals provides clear revenue visibility.

Our read after the April to June 2026 results, written 27 June 2026.

Power Mech Projects paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.07% at the ₹2,163.20 close on 30 October 2026. The last was a dividend of ₹1.50 a share, ex-date 10 September 2026.

Power Mech Projects dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Power Mech Projects Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 10 August 2026, Power Mech Projects' management guided: FY27 consolidated revenue ₹7,300 crore and O&M revenue ₹2,089 crore, approximately 28% on a year earlier growth.

“No, this is the expected 20%-21% weighted average margin only when we reach peak rated capacity. Next year, in FY28, one of the mines will still not reach peak rated capacity. Therefore, you will probably see these margins from FY29. Next year, the margin will again be around 15%-17%, and then it will ramp up to 21%-23%.”Rohit Sarda, on the call for April to June 2026

What management guided

• FY27 consolidated operating margin 12.5%, followed by 0.5 percentage points of annual improvement through 2030 toward nearly 14%.
• FY27 order inflow ₹12,000 crore.
• FY27 mining goals: MDO revenue ₹500 crore; KRBM revenue ₹700-750 crore at 10%-11% operating margin through remaining quarters.
• FY28 MDO revenue approximately ₹1,100-1,200 crore, supported by Tasra washery hot commissioning in November-December.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026.

Management goals order inflow of twelve thousand crores.

✓ fact

Our read after the April to June 2026 results, written 27 June 2026.

Client-side delays in washery commissioning push production goals further out.

Each change stops working if

• : Client-side delays in washery commissioning push production goals further out.
• : Competitive bidding pressures margins in new BOP tenders.

The main risks

• : Water division receivables delay. ⚠ estimate
• : MDO execution delays. ⚠ estimate

Our read after the April to June 2026 results, written 27 June 2026.

When Power Mech Projects reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: KBP seam ramp - check whether coal output follows front-loaded overburden removal and restores mine profitability.

Power Mech Projects is not on any of our India lists this week.

Power Mech Projects Ltd earned ₹89.0 Cr of net profit in the Jun 2026 quarter, +9.9% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY26 profit was ₹412 Cr. Over 10 years profit has grown 18.6% a year on average. That is 5.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹81.0 Cr.

For the full year, FY26 profit was ₹412 Cr (+18.4% on the year before).

Why profit moved: revenue changed +25.6% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +13.5% and revenue +16.3%. Profit and revenue are moving at about the same pace.

FY26-Q4. revenue ₹2,111 Cr and profit ₹153 Cr as reported.

FY27-Q1. revenue ₹1,624 Cr and profit ₹89 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Power Mech Projects Ltd reported ₹1,624 Cr of revenue in the Jun 2026 quarter, +25.6% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 16.0% a year on average. The last full year, FY26, came in at ₹6,062 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹6,393 Cr.

FY26 revenue was ₹6,062 Cr, +15.8% on the year before.

Recent pace: the last four quarters grew +16.3% on average, against 16.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +15.8%, against +21.2% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +14.1%, against +27.3% a year (rolling over).

FY26-Q4. revenue ₹2,111 Cr and profit ₹153 Cr as reported.

FY27-Q1. revenue ₹1,624 Cr and profit ₹89 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Power Mech Projects Ltd's operating margin was 10.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 2.1% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.8 percentage points on the year while gross margin changed −4.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹2,111 Cr and profit ₹153 Cr as reported.

FY27-Q1. revenue ₹1,624 Cr and profit ₹89 Cr as reported.

Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.

Over the last 3 years, 59% of Power Mech Projects Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹387 Cr of operating cash against ₹412 Cr of profit. After ₹335 Cr of spending on assets, ₹52.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Power Mech Projects Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹6,062 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹594 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. Move into full BOP EPC with the Singareni project and expansion of O&M services into metro rail open new multi-year revenue streams with better margins.

Averaged over those years that is 3.3% of FY26 revenue a year.

Spending on assets: ₹594 Cr over the last 3 years, against ₹175 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹182 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Power Mech Projects Ltd's P/E is 17.5×, in the middle of its own history: higher than 53% of past readings. Its usual P/E (the middle reading) is 16.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.