2363.60
0.43%

Power Mech

Centrum Broking
Good order inflows, growth traction in place Power Mech Projects Ltd (PMPL) for Q1FY19 on a consolidated basis reported good numbers. Revenue grew ~29% YoY to 462 crore, on the back of better order execution. Revenue from erection segment (39% of Q1FY19 revenue) grew 26%, operation & maintenance (O&M; -28%) grew 6%, civil (31%) grew 60% and electrical works (2%) grew 220%. EBITDA grew 32% to 61 crore, with margins expanding 34bps to 13.2%, due to better project mix. Net profit grew 34% to 24 crore. As of 30 Jun'18 debt stood at 310 crore (vs 274 crore as of 31 Mar'18)....
Power Mech Projects Ltd. is trading below its 100 day SMA of 2617.6
More from Power Mech Projects Ltd.
Recommended