Power Mech Projects Ltd.
2,236.10
INR
-36.50
(-1.61%)
Power Mech Projects Ltd.
NSE:POWERMECH
(National Stock Exchange of India)
Recent
price
2,236.10
P/E
ratio
22.33
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Power Mech Projects Limited provides integrated engineering, procurement, and construction services; operation and maintenance; and heavy fabrication for power plants, industrial infrastructure, mining, and related sectors in India and internationally. The company offers erection, testing, and commissioning of boilers, turbines, generators, and balance of plant works for coal-based thermal power plants up to 800 MW capacity including flue gas desulfurization and selective catalytic reduction; operation and maintenance services encompassing mechanical, electrical, control and instrumentation, overhauling, renovation, modernization, and annual maintenance contracts for power plants; civil works for foundations, chimneys, cooling towers, coal and ash handling plants, roads, railways, metro, and water projects; mining development and operations including overburden removal, coal extraction, crushing, screening, and earthmoving; manufacturing of high-pressure tanks, hydro turbines, spare parts for power plants, and railway electrification components; and electrical works for transmission lines, substations, and overhead electrification. Founded in 1999 and headquartered in Hyderabad, India, Power Mech operates through subsidiaries such as Power Mech Industries Private Limited in Noida for fabrication, Power Mech Projects Ltd LLC in Oman, MAS Powermech Arabia in Saudi Arabia, and joint venture GTA Powermech Nigeria Limited, with presence in over ten countries including Qatar, Kuwait, Bangladesh, Bhutan, and Nigeria targeting utilities, EPC contractors, oil and gas, steel, and mineral sectors. Recent developments include securing a Rs 3.71 billion order in August 2025 from Mahan Energen for civil works and structural steel erection at the 2x800 MW Mahan Phase III expansion in Madhya Pradesh; Rs 551.35 crore orders in October 2025 from SJVN Thermal and Jhabua Power for commissioning support and O&M at Buxar Thermal Power Project; a Rs 209.5 crore O&M contract in July 2024 from Hindustan Zinc for a 3x91.5 MW captive power plant; major mining development and operations orders worth Rs 9,294 crore from Central Coalfields Limited and Rs 30,438 crore from Steel Authority of India Limited for coking coal projects executable over 25-28 years; and Rs 2.5 billion orders in 2024 from Bharat Heavy Electricals Limited for erection works at NTPC Talcher, reflecting strategic expansion into mining, non-power infrastructure, and long-term O&M under India's National Infrastructure Pipeline.