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HomeINVESTMENTConstruction Company Share Got 659 Crore Two Orders; 135% Return Share; Buy...

Construction Company Share Got 659 Crore Two Orders; 135% Return Share; Buy Or Sell

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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.

Power Mech Projects Share Price

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/E32.95
Book Value₹ 865
Dividend0.04 %
ROCE22.2 %
ROE17.9 %
Face Value₹ 10.0
P/B Value5.95
OPM11.5 %
EPS₹ 158
Debt₹ 459 Cr.
Debt to Equity0.34

Power Mech Projects Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹5300₹5600
2025₹5643₹5765
2026₹5800₹6000
2027₹6423₹6654
2028₹6874₹7000
2029₹7231₹7454
2030₹7567₹7786
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Power Mech Projects Ltd Shareholding Pattern

Promoters Holding
Dec 202264.17%
Mar 202364.17%
June 202364.12%
Sept 202364.05%
Dec 202360.40%
FII Holding
Dec 20225.14%
Mar 20234.96%
June 20233.57%
Sept 20234.16%
Dec 20234.24%
DII Holding
Dec 202210.27%
Mar 202310.76%
June 202313.47%
Sept 202314.53%
Dec 202318.57%
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Public Holding
Dec 202220.41%
Mar 202320.10%
June 202318.83%
Sept 202317.25%
Dec 202316.80%

Power Mech Projects Ltd Share: Last 5 Years’ Financial Condition

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
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Last 5 Years’ Debt-To-Equity Ratio:

20190.41
20200.48
20210.52
20220.51
20230.37

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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