Rs 57,915 Crore Order Book: Engineering Company Secures Rs 971.98 Crore Order from Telangana Power Generation Corporation Limited
On a year-to-date basis, it has gained 7.39 per cent, and in the past 12 months, it has recorded a return of 16.13 per cent.
Power Mech Projects Limited has announced the receipt of a major new work order worth Rs 971.98 crore (excluding GST) from Telangana Power Generation Corporation Limited (TGGENCO). As of December 31, 2025, the total order book stands at Rs 57,915 Crore. The Engineering Company Secures Rs 971.98 Crore Order from Telangana Power Generation Corporation Limited, further strengthening its position in the power infrastructure sector.
Following the announcement, the stock of Power Mech Projects surged by 1.85 per cent on Tuesday, trading at Rs 2,776 per share at 11:11 am. The stock has delivered over 10 per cent returns this week alone. On a year-to-date basis, it has gained 7.39 per cent, and in the past 12 months, it has recorded a return of 16.13 per cent, showcasing consistent performance.
The newly secured project involves comprehensive civil and infrastructure development at the Yadadri Thermal Power Project in Nalgonda district, Telangana. The scope includes soil investigation, engineering, and construction of integrated township infrastructure with independent quarters and multistoried buildings. It also includes roadworks, water supply, sanitation, electrical installations (including solar lighting), horticulture, and fire safety systems. The execution period for this turnkey project is 24 months.
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This order underscores Power Mech's capacity to execute large-scale infrastructure projects and highlights its growing presence in critical sectors. With this contract, the company continues to solidify its relationship with key government power generation bodies and affirms its expertise in delivering complex infrastructure solutions.
In terms of financial performance, Power Mech Projects reported a consolidated revenue of Rs 1,337.97 crore in the December 2024 quarter, up 20.81 per cent from Rs 1,107.50 crore in December 2023. Operating profit rose by 13.92 per cent to Rs 150.95 crore, and profit after tax increased by 33.36 per cent to Rs 82.04 crore. For FY24, the company posted a revenue of Rs 4,206.65 crore, a growth of 16.81 per cent year-on-year. The net profit stood at Rs 248.07 crore, up 18.63 per cent from the previous financial year.
Founded in 1999 and based in Hyderabad, Power Mech Projects is a mid-cap infrastructure and construction company with a global footprint. Its services span industrial construction, erection of boilers, turbines, and generators (ETC-BTG), civil works, balance of plant (BOP), operation and maintenance (O&M), electrical transmission, hydropower projects, and mining activities under the Mine Developer and Operator (MDO) model. The company has a strong presence in over ten countries through its subsidiaries, branches, and joint ventures.
Disclaimer: The article is for informational purposes only and not investment advice.