Power Mech Projects Ltd (NSE: POWERMECH): Power Mech Projects Share Price: Amid the downturn in the market for stocks, the civil construction firm Power Mech Projects has received two big orders.
According to information provided by the exchange Power Mech Projects has received two orders totalling around Rs 659 crore.
The Hyderabad-based Power Make Projects is one of the top infrastructure construction firms offering a variety of kinds of services in the infrastructure and power sector.
Multibagger stock has delivered greater than 135 percent of its profits to shareholders over a year.
Power Mech Projects Order Details
Based on the data posted through the BSE website, Power Mech Projects has received two orders for an aggregate of Rs 658.57 crore.
According to the BSE filing the first order of the amount of Rs 541.62 crore was accepted by the Water Resources Department of the Madhya Pradesh Government to build the Upper Burhner Project Dam and Pressurized Pipe Irrigation Network.
The second order of the sum of Rs 116.95 crore was placed by Gujarat Mineral Development Corporation (GMDC).
The order was for boilers as well as ESP packages for overhauls, which included spares for the 2x125MW Akrimota Thermal Power Station of GMDC.
These shares from Multibagger Power Mech Projects (Power Mech Projects Share Price) have provided huge returns to shareholders.
The stock’s return over a calendar year amounts to 135 percent. It has risen by 20 percent over 3 months, and 25 percent in six months.
The stock, however, has decreased in just one month. The 52-week peak of the stock (Power Mechanical Projects’ Share Price) is 5544 while the lowest is 2118.10.
The market capitalization for the firm is 8139.14 crore. The stock price as of March 5 was 5148.70.
In the quarter ending December of the current year’s financial year, the total net profits for Power Mech Projects Ltd increased by 22.5 percent to 62 crore.
The profit in the same quarter last year had been 50.6 crore. From a year-long perspective, the income total of the company grew from the sum of Rs 912 crore to 1114.9 crore.
About Power Mech Projects Ltd Company
Power Mech Projects Limited is an integrated power infrastructure company. Power Mech Projects Limited is one of the most reputable companies that construct infrastructure.
It was founded in the year 1999. It is classified as public limited company and is located in Hyderabad, India.
The company is globally based and is known for its extensive variety of services offered in the infrastructure and power industries. It can handle more than 4000 tonnes of annual production.
The Company offers comprehensive services in erection and testing of boilers, generators and turbines, civil work and operation and maintenance. Power Mech Projects has customers around the world.
They have completed construction projects which include Ultra Mega Power Projects, Super Critical Thermal Power Projects, Sub Critical Power Projects, Heat Recovery Steam Generators and Waste Heat Recovery Steam Generators, Circulating Fluidized Bed Combustion Steam Generators Gas Turbine Generators, Hydro Electric Projects, and Operation & Maintenance of running plants and all civil work that are associated with power plants.
Fundamental Analysis of Power Mech Projects Ltd
| Market Cap | ₹ 8,148 Cr. |
| Current Price | ₹ 5,180 |
| 52-wk High | ₹ 5,550 |
| 52-wk Low | ₹ 2,116 |
| Stock P/E | 32.95 |
| Book Value | ₹ 865 |
| Dividend | 0.04 % |
| ROCE | 22.2 % |
| ROE | 17.9 % |
| Face Value | ₹ 10.0 |
| P/B Value | 5.95 |
| OPM | 11.5 % |
| EPS | ₹ 158 |
| Debt | ₹ 459 Cr. |
| Debt to Equity | 0.34 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹5300 | ₹5600 |
| 2025 | ₹5643 | ₹5765 |
| 2026 | ₹5800 | ₹6000 |
| 2027 | ₹6423 | ₹6654 |
| 2028 | ₹6874 | ₹7000 |
| 2029 | ₹7231 | ₹7454 |
| 2030 | ₹7567 | ₹7786 |
| Promoters Holding | |
| Dec 2022 | 64.17% |
| Mar 2023 | 64.17% |
| June 2023 | 64.12% |
| Sept 2023 | 64.05% |
| Dec 2023 | 60.40% |
| FII Holding | |
| Dec 2022 | 5.14% |
| Mar 2023 | 4.96% |
| June 2023 | 3.57% |
| Sept 2023 | 4.16% |
| Dec 2023 | 4.24% |
| DII Holding | |
| Dec 2022 | 10.27% |
| Mar 2023 | 10.76% |
| June 2023 | 13.47% |
| Sept 2023 | 14.53% |
| Dec 2023 | 18.57% |
| Public Holding | |
| Dec 2022 | 20.41% |
| Mar 2023 | 20.10% |
| June 2023 | 18.83% |
| Sept 2023 | 17.25% |
| Dec 2023 | 16.80% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 2,261 Cr |
| 2020 | ₹ 2,165 Cr |
| 2021 | ₹ 1,884 Cr |
| 2022 | ₹ 2,710 Cr |
| 2023 | ₹ 4,079 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 143 Cr |
| 2020 | ₹ 131 Cr |
| 2021 | ₹ -49 Cr |
| 2022 | ₹ 138 Cr |
| 2023 | ₹ 239 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.41 |
| 2020 | 0.48 |
| 2021 | 0.52 |
| 2022 | 0.51 |
| 2023 | 0.37 |
Last 10 Years’ Profit Growth:
| 10 Years: | 15% |
| 5 Years: | 21% |
| 3 Years: | 17% |
| Current Year: | 32% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 10% |
| Last Year: | 18% |
Sales Growth Over 10 Years:
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Current Year: | 23% |
Conclusion
This article is a complete guide about Power Mech Projects Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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