Power Mech Projects Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 10 February 2026.

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The order entails setting up a 250 MW / 1,000 MWh standalone Battery Energy Storage System (BESS) at Goaltore, Paschim Medinipur, West Bengal. The project covers design, financing, engineering, procurement, construction, operation, and maintenance of the BESS, with commissioning scheduled within 18 months of signing the Battery Energy Storage Purchase Agreement (BESPA) and an O&M period of 180 months.

The project is structured under a build-own-operate (BOO) model with a 100% off-take guarantee from WBSEDCL. A greenshoe option of 250 MW / 1,000 MWh is also included for the Durgapur Project (DPL) campus in Durgapur, West Bengal.

Hyderabad-based Power Mech Projects is one of the leading infrastructure construction companies.

The company reported an 11.70% increase in consolidated net profit to Rs 74.92 crore in Q2 FY26, compared to Rs 67.07 crore recorded in Q2 FY25. Revenue from operations jumped 19.54% YoY to Rs 1,237.87 crore for the quarter ended 30 September 2025.

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Revenue from operations jumped 19.54% YoY to Rs 1,237.87 crore for the quarter ended 30 September 2025.

On sequentially, the company?s consolidated net profit surged 42.65% and 4.29% decline in revenue.

Total expenses increased 20.39% to Rs 1136.63 crore in Q2 FY26 as compared with Rs 944.05 crore in Q2 FY25. Cost of raw material consumed stood at Rs 239.44 crore (up 40.20% YoY), employee benefit expenses was at Rs 175.93 crore (up 13.93% YoY) during the period under review.

Profit before tax (PBT) for the quarter stood at Rs 111.37 crore in Q2 FY26, up 10.37% from Rs 100.90 crore reported in Q2 FY25.

On half-year basis, the company's consolidated net profit rose marginally to Rs 127.43 crore in Q2 FY26 as against Rs 127.20 crore posted in the same quarter last year. Revenue from operations jumped 23.90% YoY to Rs 2,531.29 crore in H1 FY26 over H1 FY25.

Power Mech Projects 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 is undertaking projects of all types, sizes and in all environments in India and abroad which include ultra mega power projects, super critical thermal power projects, sub critical power projects, heat recovery steam generator, waste heat recovery steam generator, circulating fluidized bed combustion steam generator, gas turbine generator, hydro electric plants, maintenance, renovation, modernization and annual maintenance of running plants and complete civil works in India and abroad.

The counter slipped 2.09% to Rs 2,354 on the BSE.

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Net profit of Power Mech Projects rose 11.70% to Rs 74.92 crore in the quarter ended September 2025 as against Rs 67.07 crore during the previous quarter ended September 2024. Sales rose 19.54% to Rs 1237.87 crore in the quarter ended September 2025 as against Rs 1035.49 crore during the previous quarter ended September 2024.

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