Power Mech Projects (POWERMECH) Q4 24/25 earnings summary

Executive summary

• Q4 FY25 total income reached INR 1,870 crore, up 43% year-over-year; FY25 income was INR 5,279 crore, up 25% year-over-year.

• Q4 EBITDA grew 46% to INR 233 crore; FY25 EBITDA rose 24% to INR 649 crore, with margin stable at 12.3%.

• Q4 PAT increased 39% to INR 117 crore; FY25 PAT up 32% to INR 327 crore, with margin improving to 6.2%.

• Order book reached ₹53,994 crore as of March 31, 2025, with 165 ongoing projects and 15 overseas projects.

• Audited standalone and consolidated financial results for FY25 were approved, with auditors issuing unmodified opinions.

Financial highlights

• FY25 consolidated revenue was ₹5,234.14 Cr, up from ₹4,206.65 Cr in FY24; standalone revenue was ₹4,435.42 Cr.

• FY25 EBITDA was ₹649 crore (12.3% margin), up from ₹524 crore (12.4% margin) in FY24.

• FY25 PAT after minority interest was ₹327 crore (6.2% margin), up from ₹248 crore (5.9% margin) in FY24.

• Q4 FY25 consolidated revenue was ₹1,853.28 Cr, with net profit at ₹129.79 Cr.

• EPS for FY25 was ₹103.26, compared to ₹81.07 in FY24.

Outlook and guidance

• FY26 revenue target set at INR 6,500 crore, with 25% year-on-year growth expected.

• EBITDA margins expected to remain stable; potential upside from mining segment.

• Order inflow target for FY26 is INR 10,000 crore; focus on power, industrial O&M, railways, water, and MDO projects.

• Strategic diversification into non-power sectors and international markets to drive future growth.

• FY27 revenue growth targeted at 20–25%, reaching INR 7,800–8,000 crore.