POWERMECH

Order Win: Power Mech Projects Limited won order from MOXIE POWER GENERATION LIMITED (Adani Group) for providing complete operation and maintenance services at 2x600 MW Moxie Power Generation Ltd Tuticorin TPP. Order Value: ₹549.37 Crores. Completion Timeline: 60 Months (01.10.2026 to 30.09.2031).

Power Mech Projects Limited released its Investor Presentation for September 2026 detailing operational highlights, market leadership, and industry dynamics. - The company highlights sustained revenue growth, a strong order book exceeding ₹17,317 Cr, and an expanding global footprint managing ~6.3 GW of O&M across MENA and West Africa. - Strategy focuses on scaling multi-segment execution across industrial construction, O&M services, infrastructure, and Mining Development & Operations (MDO).

Order Win: Power Mech Projects Limited won order from TELANGANA POWER GENERATION CORPORATION LIMITED Order Value: ₹279.20 Crores. Completion Timeline: 3 years

Concall Schedule Concall Date: September 29, 2026 Concall Time: Not specified (Non-Deal Roadshow in Mumbai)

- Order Win: Power Mech Projects Limited won an order from Vedanta Power Limited (Sakti Thermal Plant). - Order Value: ₹970 Crores (₹890 Cr basic value + ₹80 Cr for additional services). - Scope of Work: End-to-End Operations and Maintenance contract for 2x600 MW thermal power plant. - Completion Timeline: Within 60 months from the date of LOI/Order Confirmation.

- Mr. Vivek Paranjpe, Non-Executive and Independent Director of Power Mech Projects Limited, will cease to be a Director upon completion of his second and final term on August 30, 2026.

- Board recommended final dividend for FY 2025-26. - Record Date for final dividend and 27th AGM is September 10, 2026. - AGM will be held on September 17, 2026, at 9:30 a.m. via VC/OAVM. - Dividend payment within 30 days of AGM approval.

- Mrs. Sajja Lakshmi (DIN: 00068991) resigned as a Non-Executive and Non-Independent Director of Power Mech Projects Limited. - Her resignation is effective from the close of business hours on August 8, 2026, citing personal pre-occupations and unavoidable commitments.

- The company reported strong year-on-year revenue and PAT (after minority interest) growth in Q1 FY27. - Q1 FY27 EBITDA margin saw a 3 percentage point year-on-year decline, primarily due to higher material/execution costs (Middle East conflict), increased royalty, and higher overburden removal in mining. - Management is confident in achieving its full-year targets, guiding for a 12.5% overall annual EBITDA margin for FY27, expected to rise by ~0.5% annually to nearly 14% by 2030. - The total order backlog is INR 55,398 crores (including MDO projects), with an executable order book of INR 16,229 crores, providing strong multi-year revenue visibility. - Key growth drivers include significant opportunities in the power sector (immediate INR 25,000-30,000 crores), an annual O&M opportunity of INR 800-1,000 crores, and a ramp-up in the MDO mining business. - MDO mining revenue is projected at INR 500 crores for FY27, increasing to INR 1,100-1,200 crores in FY28, with blended EBITDA margins expected to improve from 15% to 21-23% by FY29. - The O&M segment is targeted for 28% growth in FY27 with 18% EBITDA margins, while the ETC business faced a temporary Q1 revenue decline due to project-specific issues but work has resumed.

- Recording of the conference call held on August 10, 2026, at 4:00 p.m. (IST), discussing the financial performance for the quarter ended June 30, 2026, has been uploaded.

- Q1 FY27 Consolidated Revenue ₹1,624Cr vs ₹1,293Cr (▲26% YoY) - EBITDA ₹176Cr vs ₹182Cr (▼3% YoY) - PAT ₹89Cr vs ₹81Cr (▲11% YoY) - EBITDA Margin 10.8% vs 13.98% (▼318bps) - Secured order inflows of ₹1,864Cr in Q1 FY27, with an order backlog of ₹55,398Cr. - Margins declined due to higher material costs and increased royalty sharing, but management expects an uptrend in coming quarters.

- Q1 FY27 Consolidated Revenue ₹1,623.68 Cr vs ₹1,293.41 Cr (▲25.53% YoY) - EBITDA ₹167.32 Cr vs ₹170.08 Cr (▼1.62% YoY) - PAT ₹89.33 Cr vs ₹80.55 Cr (▲10.90% YoY) - EBITDA Margin 10.31% vs 13.15% (▼284bps) - Board approved an Employee Stock Option Plan (ESOP) for up to 1,000,000 equity options. - Mrs. Sajja Lakshmi resigned from the office of Non-Executive and Non-Independent Director, effective August 8, 2026. - The Board re-constituted various committees and dissolved the Investment Committee.

- Q1 FY27 Consolidated Revenue ₹1,623.68 Cr vs ₹1,293.41 Cr (▲25.53% YoY) - EBITDA ₹167.32 Cr vs ₹160.08 Cr (▲4.52% YoY) - PAT ₹89.33 Cr vs ₹80.55 Cr (▲10.90% YoY) - EBITDA Margin 10.30% vs 12.38% (▼208 bps) - The Board approved an Employee Stock Option Plan (ESOP) for up to 10,00,000 equity shares. - Mrs. Sajja Lakshmi resigned as a Non-Executive and Non-Independent Director, effective August 8, 2026. - The Board also approved the re-constitution of various committees and the dissolution of the Investment Committee.

- Concall Schedule - Concall Date: August 10, 2026 - Concall Time: 4:00 p.m. IST

- Mrs. Lasya Yerramneni, Non-Executive Woman Independent Director, retires upon completion of her second and final term. - Her directorship ceases effective June 26, 2026. - The Board appreciated her valuable contributions and guidance.

- Trading window will remain closed from July 1, 2026. - It will reopen 48 hours after the declaration of un-audited financial results for the quarter ended June 30, 2026.

- Order Win: Power Mech Projects Limited won order from JSW Thermal Energy Limited - Order Value: ₹1,008.90 Crores - Completion Timeline: Within 36 months

- Power Mech Projects appointed Mrs. Vasundhara Sinha as an Additional Director (Non-Executive Independent Director) effective June 20, 2026. - She is a retired Principal Chief Commissioner of Income Tax (IRS) bringing extensive administrative, financial, and regulatory expertise.

- Non-Deal Roadshow Schedule - Date: June 19, 2026 - Time: After 10:00 a.m. (IST) upto 6:00 p.m. (IST) - Location: Mumbai - Host: Sunidhi Securities & Finance Limited