# Power Mech Projects share price today (Power Mech Projects Ltd, NSE: POWERMECH) > Power Mech Projects share price today: ₹2,247.30 at the NSE close on 4 November 2026, down 6.2% in a year. Power Mech Projects (NSE: POWERMECH) is worth ₹7,106 crore, trades at a P/E of 18.2 and has closed between ₹1,823.20 and ₹2,843.00 over the past 52 weeks. > Power Mech Projects Ltd's earnings have grown faster than its share price. Earnings per share grew +11.5% in a year while the price moved −6.2%. POWERMECH · Project Consultancy/Turnkey · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/power-mech-projects-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from fewer quarters than usual - Price: ₹2,247.30 (−6.2% in a year) - P/E: 18.2× (higher than 55% of the last 11 years) - Revenue (Jun 2026): ₹1,624 Cr (+25.6% on a year ago) - Profit (Jun 2026): ₹89.0 Cr (+9.9% on a year ago) - Operating margin: 10.0% (−3.0 points on a year ago) - ROCE: 22%, FY26 - Profit that came in as cash: 59%, last 3 years The main question: profits are rising, but only 59% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Power Mech Projects share price today? Power Mech Projects Ltd's share price was ₹2,247.30 at the close on 4 November 2026. It has been falling for 4 weeks. That is 8.2% 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 42% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 11 years the share price moved +679% 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. ## What changed at Power Mech Projects this quarter? 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. ## What are Power Mech Projects' latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,624 crore | ₹1,293 crore | +25.6% | | Profit | ₹89.0 crore | ₹81.0 crore | +9.9% | | Earnings per share | ₹25.23 | ₹16.61 | +51.9% | | Operating margin | 10.0% | 13.0% | −3.0 points | 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.) ## What is the Power Mech Projects share price history? Power Mech Projects closed at ₹2,247.30 on 4 November 2026, down 6.2% from ₹2,396.30 a year earlier (7 November 2025) and up 344.9% 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 | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹2,163.20 | +3.9% | | 1 month ago · 1 Oct 2026 | ₹2,476.20 | −9.2% | | 6 months ago · 8 May 2026 | ₹2,605.80 | −13.8% | | 1 year ago · 7 Nov 2025 | ₹2,396.30 | −6.2% | | 3 years ago · 3 Nov 2023 | ₹1,717.43 | +30.9% | | 5 years ago · 4 Nov 2021 | ₹505.15 | +344.9% | | 10 years ago · 4 Nov 2016 | ₹239.88 | +836.8% | | Earliest weekly close in our records · 11 Mar 2016 | ₹288.65 | +678.6% | | Highest weekly close since March 2016 · 23 Aug 2024 | ₹3,444.15 | −34.8% | | Lowest weekly close since March 2016 · 29 May 2020 | ₹156.03 | +1,340.3% | | 52-week high (weekly close) · 17 Jun 2026 | ₹2,843.00 | −21.0% | | 52-week low (weekly close) · 27 Mar 2026 | ₹1,823.20 | +23.3% | 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 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 4 November 2026.) ## What is the latest news on Power Mech Projects? 4 Nov 2026: Power Mech Projects closed at ₹2,247.30, up 3.9% on the week and down 9.2% 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.) ## What dividend does Power Mech Projects pay? 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 ₹2,247.30 close on 4 November 2026. The last was a dividend of ₹1.50 a share, ex-date 10 September 2026. ### Power Mech Projects dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 10 Sep 2026 | ₹1.50 | Dividend | | 15 Sep 2025 | ₹1.25 | Dividend | | 20 Sep 2024 | ₹2 | Dividend | | 21 Sep 2023 | ₹2 | Dividend | | 22 Sep 2022 | ₹1.50 | Dividend | 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. 4 of 5 Of the last 5 financial years, years with an NSE dividend record 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.) ## What did Power Mech Projects management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/14856/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 10 August 2026.) ## What is Power Mech Projects' order book? Management goals order inflow of twelve thousand crores. ✓ fact (Our read after the April to June 2026 results, written 27 June 2026.) ## What could change the Power Mech Projects story? What are the risks? 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.) ## What to watch in Power Mech Projects' next results? 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. - What to check (from the call) - KBP seam ramp - check whether coal output follows front-loaded overburden removal and restores mine profitability. - Tasra washery commissioning - check hot commissioning, full resource feed and production ramp. - KRBM royalty economics - check whether lower seized quantities and higher charges stabilize project profitability. - Cash conversion - check collections, milestone certifications and mobilization advances converting execution into operating cash. ## Which stock lists is Power Mech Projects on? Power Mech Projects is not on any of our India lists this week. ## Is Power Mech Projects profitable? 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. 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. ## How much revenue does Power Mech Projects make, and is it growing? 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. 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. ## How much of every ₹100 of sales does Power Mech Projects keep? 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. 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. ## Is Power Mech Projects' profit turning into cash? 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. 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. ## Where does Power Mech Projects' cash go? 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. 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. ## What is Power Mech Projects' P/E ratio, and how does it compare with its own history? Power Mech Projects Ltd's P/E is 18.2×, in the middle of its own history: higher than 55% 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. Why the multiple is where it is: over the past year earnings per share moved +11.5% while the price moved −6.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +34.8% a year; about +81.5% a year came from earnings growth and about −46.7 percentage points from the multiple (the market paying less); over 10 years the price moved +25.1% a year; about +17.1% a year came from earnings growth and about +8.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 35% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Power Mech Projects business getting better or worse? Power Mech Projects Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +40.7% at its peak to +14.1%, but the business is still expanding, with ROCE steady at 22.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## What is the Power Mech Projects story, and has it been checked? Power Mech Projects Ltd's story is not scored yet against the checks our research set on 27 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: A failure to secure the planned order inflows, particularly any loss of momentum in securing new BOP EPC contracts, or further delays in the Parsa mine washery commissioning. Our read, 27 June 2026. Strategic pivot to BOP EPC and MDO operations drives the next leg of growth, despite near-term headwinds from water division receivables. From the numbers. From the price. Price stage 4, week 4, below its 200-day line, relative strength rising. From the research. Strategic pivot to BOP EPC and MDO operations drives the next leg of growth, despite near-term headwinds from water division receivables. Where they disagree. What is proven. Strategic pivot to BOP EPC and MDO operations drives the next leg of growth, despite near-term headwinds from water division receivables. What is not proven yet. A failure to secure the planned order inflows, particularly any loss of momentum in securing new BOP EPC contracts, or further delays in the Parsa mine washery commissioning. What would change our mind. A failure to secure the planned order inflows, particularly any loss of momentum in securing new BOP EPC contracts, or further delays in the Parsa mine washery commissioning. The test written in advance. A failure to secure the planned order inflows, particularly any loss of momentum in securing new BOP EPC contracts, or further delays in the Parsa mine washery commissioning. Measured by: the thesis as written as stated by the next result. What the company does. 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. What the surface reading misses. Sources: our stock research file (27 June 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Power Mech Projects management deliver what it promised? What Power Mech Projects Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. International Conflict Impact Narrative Shift · 10 August 2026. In May 2026, management said the Middle East conflict had no impact on international operations because the business was primarily O&M. In August 2026, management said the international focus was affected by Middle East conditions and attributed lower margins to higher material and execution costs from the conflict, without clearly reconciling the changed assessment. O&M Margin Assumption Increased Without Explanation · 10 August 2026. Management previously indicated that O&M margins were approximately 15%-16%, but the August 2026 call cited 18%-20%. This is a meaningful upward change to the margin assumption used in assessing the quality and profitability of the O&M growth strategy, and no specific explanation was provided for the increase. FY28 MDO Revenue Outlook Reduced Further · 10 August 2026. In February 2026, management projected FY28 MDO revenue of INR 1,800-1,900 crore. By May 2026, the stated component outlook implied approximately INR 1,250 crore, while the August 2026 call records only INR 1,100-1,200 crore for FY28, representing a further reduction from the immediately prior outlook without a new explanation. MDO Segment FY28 Revenue Guidance Cut · 22 May 2026. In the Feb 2026 call, management estimated that the mine developer and operator segment would achieve approximately 1,800 to 1,900 crores in revenue for FY28. However, in the May 2026 call, they revised this guidance down to 1,250 crores for FY28, citing third-party infrastructure delays and ramping hurdles. Every quote above is taken word for word from the company’s own earnings calls. ## How much does Power Mech Projects earn on its capital? Power Mech Projects Ltd earned a ROCE of 22% in FY26. That is up from a low of 1% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 6.8% net margin and 1.08× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.8% net margin × 1.08× asset turnover × 2.22× leverage (assets divided by equity) ≈ 16.3% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 35% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Power Mech Projects have too much debt? Power Mech Projects Ltd had ₹664 Cr of borrowings against ₹2,519 Cr of equity in FY26, so its debt is 0.26× its equity. Its operating profit is 6 times its interest bill. Over 5 years borrowings went from ₹515 Cr to ₹664 Cr. Over the last 3 of those years it spent ₹594 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 35% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Power Mech Projects shareholding pattern? Domestic institutions cut their stake in Power Mech Projects Ltd by 2.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 20.8% of the company. Foreign institutions moved +1.3 points over the same period, to 6.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −2.5 points over 8 quarters, to 20.8%; Foreign institutions: +1.3 points over 8 quarters, to 6.3%; Promoters: +0.1 points over 8 quarters, to 58.4%. Why the owners changed: domestic institutions drove it (−2.5 points), with the other side taken by foreign institutions (+1.3 points). They reduced their stake. ## How far is Power Mech Projects from balance-sheet trouble? For Power Mech Projects Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Power Mech Projects rank in its industry? 56.8 out of 100, rank 1 of 3 in Project Consultancy/Turnkey, with 79% of the evidence available. Power Mech Projects Ltd scores 56.8 out of 100 against the 3 companies it is compared with in Project Consultancy/Turnkey, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 15.5 + 19.2 + 9.5 + 12.6 = 56.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Power Mech Projects compared with? Power Mech Projects ranks 1 of 3 Project Consultancy/Turnkey companies on the 4-Factor Sector Score, with 56.8 out of 100. 1. Power Mech Projects Ltd this page POWERMECH · quiet · Evidence leans up · 79% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 15.8% · Profit 14.1% · Operating margin change -3 points · 95% evidence Capital efficiency 19.2/25 · ROCE 21.7% · Operating margin 10% · 76% evidence Valuation 9.5/20 · P/E 17.5× · PEG n/a · 35% evidence Relative strength 12.6/20 · Lead over its industry 16.1% · Lead over NIFTY 500 -3.8% · 1 year -13.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.5 + 19.2 + 9.5 + 12.6 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Om Infra Ltd](https://www.sectoralpha.in/stocks/om-infra-ltd) OMINFRAL · quiet · Evidence leans down · 88% evidence 39.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue -19.6% · Profit 39.1% · Operating margin change 8.7 points · 74% evidence Capital efficiency 4.6/25 · ROCE 4.7% · Operating margin 8% · 100% evidence Valuation 16.0/20 · P/E 19× · PEG 0.73 · 85% evidence Relative strength 0.0/20 · Lead over its industry -6.7% · Lead over NIFTY 500 -23.2% · 1 year -44% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.3 + 4.6 + 16 + 0 = 39.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [SEPC Ltd](https://www.sectoralpha.in/stocks/sepc-ltd) SEPC · basing · Evidence leans down · 90% evidence 35.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 80.5% · Profit -21.2% · Operating margin change -8 points · 100% evidence Capital efficiency 1.9/25 · ROCE 5.6% · Operating margin 6% · 100% evidence Valuation 15.0/20 · P/E 34.2× · PEG 0.43 · 50% evidence Relative strength 6.0/20 · Lead over its industry -14.3% · Lead over NIFTY 500 -30% · 1 year -57.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.2 + 1.9 + 15 + 6 = 35.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Project Consultancy/Turnkey](https://www.sectoralpha.in/sectors/project-consultancy-turnkey), all 3 compared on one page. ## Which companies are close to Power Mech Projects in size? Power Mech Projects is the largest of 3 Project Consultancy/Turnkey companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: SEPC and Om Infra. ### Project Consultancy/Turnkey companies close in size 1. Power Mech Projects Ltd ₹6,839 crore 2. [SEPC Ltd](https://www.sectoralpha.in/stocks/sepc-ltd) ₹919 crore 3. [Om Infra Ltd](https://www.sectoralpha.in/stocks/om-infra-ltd) ₹615 crore [All 3 Project Consultancy/Turnkey companies, largest first](https://www.sectoralpha.in/sectors/project-consultancy-turnkey#all-companies) ### Companies close in size in other industries 1. [Entero Healthcare Solutions Ltd](https://www.sectoralpha.in/stocks/entero-healthcare-solutions-ltd) ₹6,863 crore · Pharmacy Distribution 2. [Kama Holdings Ltd](https://www.sectoralpha.in/stocks/kama-holdings-ltd) ₹6,858 crore · Finance - Holding Company 3. Power Mech Projects Ltd ₹6,839 crore 4. [SML Mahindra Ltd](https://www.sectoralpha.in/stocks/sml-mahindra-ltd) ₹6,836 crore · Auto - Bus/LCVs 5. [Supriya Lifescience Ltd](https://www.sectoralpha.in/stocks/supriya-lifescience-ltd) ₹6,819 crore · Pharma - API & CRAMS ## What else do people ask about Power Mech Projects? ### What is Power Mech Projects's share price today? Power Mech Projects Ltd's share price is ₹2,247.30, −6.2% over the past year. The whole company is worth ₹7,106 Cr on the market. In the last 52 weeks it traded between ₹1,823 to ₹2,843; today it is 42% of the way up from the low, 8.2% below its 200-day average (as of 4 November 2026). ### What were Power Mech Projects's latest quarterly results? Power Mech Projects Ltd reported revenue of ₹1,624 Cr and net profit of ₹89.0 Cr for the Jun 2026 quarter. Revenue rose 25.6% and profit rose 9.9% compared with a year earlier. Earnings per share were ₹25.23. The operating margin was 10.0%, 3.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Power Mech Projects's market cap? Power Mech Projects Ltd's market capitalisation is ₹7,106 Cr at a share price of ₹2,247.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Power Mech Projects performing? Power Mech Projects Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 25.6% and profit rose 9.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 4 November 2026). ### Will Power Mech Projects's share price go up? This page does not forecast Power Mech Projects Ltd's share price. What it shows instead: the share price is ₹2,247.30, and it has been falling for 4 weeks. Its P/E of 18.2× is higher than 55% of its own last 11 years (as of 4 November 2026). ### Who owns Power Mech Projects? Promoters own 58.4% of Power Mech Projects Ltd, foreign institutions 6.3%, domestic institutions 20.8% and the public 14.5% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 2.5 percentage points over 8 quarters (as of 4 November 2026). ### Where is Power Mech Projects in its business cycle? Power Mech Projects Ltd's FY26 operating margin was 12.0%, against a 13-year range of 2.1% to 13.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Power Mech Projects story? The main question: profits are rising, but only 59% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Power Mech Projects a stock worth studying right now? What the numbers show: Power Mech Projects Ltd's earnings have grown faster than its share price. Earnings per share grew +11.5% in a year while the price moved −6.2%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Power Mech Projects share price forecast for 2026? What management itself guided: FY27 consolidated revenue ₹7,300 crore and O&M revenue ₹2,089 crore, approximately 28% on a year earlier growth. What would change the story: Client-side delays in washery commissioning push production goals further out. This is research, not advice. We’re not SEBI-registered.