Power Mech Projects Ltd Projects Significant Revenue Growth for FY25 and FY28

Power Mech Projects Ltd Announces FY25 and FY28 Guidance Amidst Strong Growth Prospects

Team FS

06/Sep/2024

What's covered under the Article:

Power Mech Projects Ltd has projected a revenue growth of 17%-20% for FY25 and expects margins of 12.5%.

For FY28, the company anticipates revenue between ₹10.5k crore and ₹11k crore, with improved margins of 13.5%-14%.

The promoters of Power Mech Projects Ltd have stated that they will not be offloading more stake in the company.

Power Mech Projects Ltd, established in 1999, is a prominent engineering and construction firm specializing in the integrated service of erection, testing, and commissioning (ETC) of boilers, turbines, generators, and balance of plant (BOP). The company also excels in civil works and operation and maintenance (O&M), focusing on ultra mega, super critical, and sub-critical thermal power projects.

The company has provided its financial guidance for the upcoming years. For the fiscal year 2025 (FY25), Power Mech Projects Ltd expects a revenue growth of 17%-20%, with anticipated margins around 12.5%. Looking further ahead, for FY28, the company projects revenue in the range of ₹10.5k crore to ₹11k crore, with expected margins between 13.5% and 14%.

Additionally, the promoters of Power Mech Projects Ltd have indicated that they do not plan to offload any more of their stake in the company, ensuring stability and commitment to their ongoing and future projects.

This guidance reflects Power Mech's confidence in its growth trajectory and operational efficiency, highlighting its strong position in the engineering and construction sector.

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Power Mech Projects Ltd Announces FY25 and FY28 Guidance Amidst Strong Growth Prospects

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