3132.9000 7.30 (0.23%)
NSE Aug 01, 2025 15:31 PM
Volume: 53,190
 

3132.90
0.23%
Reliance Securities
Healthy Revenue Visibility on Improving Execution & High Order Book Power Mech Projects (PMPL) continued to deliver a healthy performance in 3QFY18 as well. Its consolidated revenue rose by 12.9% YoY to Rs3.5bn led by strong growth in Civil & Other Works and O&M; business segments. Despite a flat YoY growth, revenue from ETC segment improved on QoQ basis to Rs1.4bn, as the issues relating to GST-led execution delay has gradually ebbed out. Looking ahead, we believe that dominant position in power EPC business, impressive order book and superior execution capabilities will drive PMPL's profitability. Rolling over our estimates to FY20E, we maintain our HOLD recommendation on the stock with a revised...
Power Mech Projects Ltd. has gained 45.23% in the last 6 Months
More from Power Mech Projects Ltd.
Recommended