May 24, 2017 11:21 PM ET

Construction and Engineering

Company Overview of Power Mech Projects Limited

Company Overview

Power Mech Projects Limited provides services in power infrastructure sector in India and internationally. It operates through three segments: Erection, Civil, and Operations & Maintenance. The company engages in the erection, testing, and commissioning of boilers, turbines, and generators (BTG); and balance of plant works for the power sector, as well as for other industries, including petrochemicals, steel, and cement; and overhauling, maintenance, renovation, and modernization of power plants. It also undertakes various civil, architectural, and structural works, including topographical surveying, geotechnical investigation, mass excavation and area grading, bored cast insitu piling, TG r...

Jubilee Enclave

Plot No. 77

Opposite Hitex

Madhapur

Hyderabad,  500081

India

Founded in 1999

5,544 Employees

Phone:

91 40 3044 4444

Fax:

91 40 3044 4400

Key Executives for Power Mech Projects Limited

Chairman and Managing Director
Age: 53
Total Annual Compensation: 9.5M
Chief Financial Officer and Vice President of Finance & Accounting
Age: 41
Chief Operating Officer and Executive Director
Age: 59
Total Annual Compensation: 2.3M
Senior Vice President
Age: 42
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Power Mech Projects Limited Key Developments

Power Mech Projects Limited Announces Receipt of Orders Worth INR 4,758.6 Million

Power Mech Projects Limited received a Letter of Intent/Work Order for the following projects: supply and Services Contract for Electrification works of Hoshangabad & Harda District of Bhopal region of MPMKVVCL, Bhopal in Madhya Pradesh under Deen Dayal Upadhyaya Gram Jyoti Yojana(DDUGJY) for a total contract price of INR 781.8 million for a period of 24 months; construction of Civil, Architectural and Structural works for 1800MW, North Chennai TPSStage-III, Ponneri TK, Thiruvallur District, Tamil Nadu for a total contract price of INR 2,465.1 million for a period of 36 months; Balancing works of levelling and grading of entire plant area and all roads and drains as perdrawing furnished during execution stage, specifications and as per directions of engineer in chargeincluding all associated works, complete as per specification at 3 X 660 MW North Karanpura STPP,Jharkhand for total contract price of INR 1,261.7 million for a period of 20 months; semi Finished Works of Main Plant Package (SG & AUX) for Unit I, 2 & 3 of 3660MW NTPC Barh Project from M/s. Doosan Power Systems India Private Limited for a total contract price of INR 250 million.

Power Mech Projects Limited, Q3 2017 Earnings Call, Feb 17, 2017

Power Mech Projects Limited, Q3 2017 Earnings Call, Feb 17, 2017

Power Mech Projects Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Power Mech Projects Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales or revenue from operations of INR 3,036.297 million compared to INR 3,547.553 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 293.309 million compared to INR 384.600 million a year ago. Profit from ordinary activities before tax was INR 227.488 million compared to INR 317.601 million a year ago. Net profit was INR 148.132 million or INR 10.07 per basic and diluted share compared to INR 202.503 million or INR 14.59 per diluted share a year ago. For the nine months, the company reported net sales or revenue from operations of INR 9,431.765 million compared to INR 9,731.996 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 928.704 million compared to INR 1,031.550 million a year ago. Profit from ordinary activities before tax was INR 732.307 million compared to INR 834.643 million a year ago. Net profit was INR 476.780 million or INR 32.41 per basic and diluted share compared to INR 542.192 million or INR 39.05 per diluted share a year ago.

Recent Private Companies Transactions

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

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