July 24, 2016 10:47 PM ET

Construction and Engineering

Company Overview of Power Mech Projects Limited

Company Overview

Power Mech Projects Limited operates as an integrated power infrastructure services company in India and internationally. Its Erection Works business engages in the erection, testing, and commissioning of gas and combined cycle power projects, heat recovery steam generators, waste heat recovery boilers, circulating fluidized bed combustion boilers, steam turbine generators, electrostatic precipitators, and hydro turbines; and balance of plant works, including structural steel, ash handling, coal handling, fuel oil systems, and high-pressure piping works for the power, petrochemicals, steel, and cement industries. The company’s Operation and Maintenance Services business provides annual maint...

Jubilee Enclave

Plot No. 77

Opposite Hitex

Madhapur

Hyderabad,  500081

India

Founded in 1999

2,252 Employees

Phone:

91 40 3044 4444

Fax:

91 40 3044 4400

Key Executives for Power Mech Projects Limited

Chairman, Managing Director and Chairman of Corporate Social Responsibility Committee
Age: 53
Total Annual Compensation: 55.8M
Chief Financial Officer and Vice President of Finance
Chief Operating Officer, Executive Director and Chairman of IPO Committee
Age: 59
Total Annual Compensation: 1.8M
General Manager of Finance and Accounts
Company Secretary
Compensation as of Fiscal Year 2015.

Power Mech Projects Limited Key Developments

Power Mech Projects Limited Resignation of Amitabha Guha as Independent Director

Power Mech Projects Ltd. announced that Mr. Amitabha Guha, Independent Director has tendered his resignation from the Board of the Company vide his email dated June 04, 2016.

Power Mech Projects Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2016

Power Mech Projects Limited reported unaudited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales or revenue from operations of INR 3,884.910 million compared to INR 3,690.091 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 377.313 million compared to INR 326.968 million a year ago. Profit from ordinary activities before tax was INR 305.528 million compared to INR 254.525 million a year ago. Net profit was INR 197.952 million or INR 14.26 per basic and diluted share compared to INR 177.003 million or INR 13.77 per basic and diluted share a year ago. For the year, on standalone basis, the company reported net sales or revenue from operations of INR 13,616.906 million compared to INR 13,543.800 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,411.748 million compared to INR 1,285.669 million a year ago. Profit from ordinary activities before tax was INR 1,142.834 million compared to INR 1,052.400 million a year ago. Net profit was INR 742.807 million or INR 53.51 per basic and diluted share compared to INR 707.045 million or INR 56.94 per diluted share a year ago. For the year, on consolidated basis, the company reported net sales or revenue from operations of INR 13,833.946 million compared to INR 13,649.953 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,436.669 million compared to INR 1,302.231 million a year ago. Profit from ordinary activities before tax was INR 1,162.741 million compared to INR 1,065.538 million a year ago. Net profit was INR 755.299 million or INR 54.41 per basic and diluted share compared to INR 714.040 million or INR 57.48 per diluted share a year ago.

Power Mech Projects Limited Confirms Interim Dividend as Final Dividend for Fiscal Year 2015-16

Power Mech Projects Limited confirmed interim dividend of INR 1.00 per share as final dividend for fiscal year 2015-16.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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