Power Mech Projects earnings calls.

Power Mech Projects reported Q1 FY26 results with 1,134 croreCurrent reported value: 1,134 crore. No comparable prior figure is available in the source record. revenue (+28Current reported value: 28. No comparable prior figure is available in the source record.% YoY) and 182 croreCurrent reported value: 182 crore. No comparable prior figure is available in the source record. EBITDA (+48% YoY), though margins were artificially inflated by ~55 crore from exceptional Uttar Pradesh riverbed mineral revenues. 81 crore PATCurrent reported value: 81 crore PAT. No comparable prior figure is available in the source record. (+31Current reported value: 31. No comparable prior figure is available in the source record.% YoY) included a 15 crore lossCurrent reported value: 15 crore loss. No comparable prior figure is available in the source record. from an overseas FGD project. The order book stands at 14,391 croreCurrent 14,391 crore. Reported change: Stable QoQ. executable, with 1,270 croreCurrent 1,270 crore. Reported change: Below Target. fresh orders in Q1. FY26 revenue guidance of 6,500 croreCurrent reported value: 6,500 crore. No comparable prior figure is available in the source record. (25% growth) appears achievable given the 40% conversion rate of opening backlog. MDO mining operations are ramping—Kashang produced ~1.5 million cubic meters OB removal with coal production expected September 2025, while Tasar faces washery constraints limiting monthly dispatch to 50-60k tons. Working capital remains pressured by ~350 croreCurrent reported value: ~350 crore. No comparable prior figure is available in the source record. pending UP water project receivables awaiting central government fund release. BOP (Balance of Plant) opportunities of 10,000-12,000 croreCurrent reported value: 10,000-12,000 crore. No comparable prior figure is available in the source record. exist in thermal sector, while FGD pipeline has shrunk to 96 croreCurrent reported value: 96 crore. No comparable prior figure is available in the source record. (one project remaining). Risks include delayed order conversion, washery capacity at Tasar constraining FY26 MDO revenue to ~150 croreCurrent reported value: 150 crore. No comparable prior figure is available in the source record., and execution bandwidth challenges in scaling EPC operations.