To be the best and most competitive industrial and infrastructure engineering, construction & services Company.
Highest level of workmanship, exemplary speed by continuously enhancing organizational skills through innovation & teamwork.
Journey of 3 decades First Decade Second Decade Third Decade of Marching Forward - Power Mech story began in 1999 - Became ‘service provider of choice’ for large - Non-power sector key for growth with investments of Rs. customer base and registered a revenue of Rs. 1,000 111 Lakh Crores planned as part of National Infrastructure - Marked by determined efforts to gain market entry Crores in FY14 Pipeline (NIP) into various elements of India’s power sector.
- Transforming with backward integration & gradual - Increase in scope resulted in doubling revenue - transformation to comprehensive service provider.
- Accelerated progress at an impressive pace crossing Rs. 2,000 Crores in FY 2019 Engineering & project solutions for higher value and accomplished several milestones in - Wide-ranging service portfolio encompassed: addition.
Erection, Testing and Commissioning (ETC) - Expansion to new areas in Railways, Water Projects, and Operation & Maintenance of thermal - Extension of ETC services to the non-power sector Roads, Coal Mining, Electrical, Steel Plant works, plants • Diversification - Civil & Structural works of power Material Handling, Oil & Gas sector across the value plants chain, Cross Country Pipelines, Urban Infrastructure projects, etc. - Major breakthroughs into high-performance super- - Focus on heavy steel fabrication works with critical thermal units, quickly followed by: investments planned to reduce site costs and better - Entry into exports business and faster delivery - Better utilization of Noida unit for expanded spares - Expanding service offerings to infrastructure business & product offering for industrial application sector, petrochemicals, steel plants, industrial - O&M is a key driver & aimed to double in 3 years by technology parks and railway works expanding in power sector, captive sector, and - Growing expertise in O&M services led to the greater penetration into non-power sector both in Company to become the largest O&M player in the domestic and international market Country Diversification into Non-Power Business •
Deploying IT enabled services for better utilization of manpower & productivity improvement measures on site
First ETC of 1X500 MW Boiler & 2010-12 • Started manufacturing facility at 2017-22 Noida Auxiliaries, Mejia, BHEL - Entry in Steel Sector, Erection & - Erection of Structural, Steam Fabrication work Generator & Auxiliaries of 3 - MTPA & 2.7 MTPA, Nagarnar(NMDC) Boilers for India’s two UMPP & Angul(JSPL) - Major FGD opportunities opened up 6
Strengthening of existing Substations.
Talabira 2,400 MW, Udangudi1,320 MW Crores for air augmenting connectivity each district centers - New expansion in steel plant capacity of JSW at Vijayanagar, Dolvi, Monnet Ispat, Arcelor - Exploring the opportunities for EPC works in material handling works with civil works Mittal, Mineral & Coal handling facilities coming with NMDC, CIL, Adani etc.
- A breakthrough foray into the State sector, NTPC, KPCL, SCCL, NMDC etc, has enabled to - In MENA region, Energy Sector investments of US$ 805 billion are to be made by 2025 expand its presence and power installed capacity to increase from 342 GW to 434 GW - Rehab and R&M works of old thermal and gas power plants - Bangladesh power capacity to increase from 25,514 MW to 46,000 MW by 2030 - Backward integration & manufacturing of spare parts - In Africa, O& M opportunities for power plants of 5300 MW in Ghana and 12,500 MW in - Increasing the footprint in the export sector, major break through at Nigeria Nigeria - Expand O&M business into the non-power sector related to Refinery, Petrochemicals, Steel etc. - Opportunities in Operation & Maintenance of desalination plants in GCC and Africa 9
Growth Opportunities Electrical Transmission & Distribution Water & Hydro Power - Budget for Jal Jeevan Mission enhanced to Rs.60,000 Cr.
Marquee clientele: Long term support for effective project relationships with major OEM, EPC space with backward and execution players and Utility Companies forward integration
Well diversified business profile Large talent pool with experienced Project handling capabilities with stable revenue and margins Management team with strong across the globe industry background Strong execution capabilities Qualified Independent Board & Robust Financials across verticals & cross functional Good Corporate Governance approach for diversification 11
Expanding the services footprint & leveraging technical expertise to target higher margin contracts Backward and Has been at core for business consolidation and growth forward & this motto continues to drive integration future endeavours In domestic sector of IPP base, Utility sector
Expanding O&M of Central & State utilities, Captive Thermal profile and increased power & integrating the spares business
penetration EPC contracts in infra segment in Railway, Water Identifying feasible Projects, Roads, Urban Infra and rewarding Development, Energy, Transmission and Distribution ExistingETC capabilities into non-power Entering value sector for increased business growth in added services metal, steel, minerals, petrochemicals etc.
by synergizing Continued efforts to foray into FGD retrofit investments Tie-ups taking place with suitable tie-ups with EPC players & technology providers With EPC opportunities available in material To integrate handling jobs using the strong Civil and ETC construction base already established for improved capabilities Better utilization of assets, HR & capital for improved growth Enhancing project asset turnover & strengthening execution capabilities IT infra for real time project execution & delivery & timely execution of projects.
In export space - consolidation of business in Further Middle East, Africa, Bangladesh for new geographical investments in petrochemicals, refineries, expansion desalination plants 13
Domestic Clients Established Relationships with Clients – Domestic Projects Central Organization for Railway Electrification (CORE) 16
*High Margin Service Segment; ** PAT after Minority Interest
, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 25 *High Margin Service Segment; ** PAT after Minority Interest
Awarded a Mine Development & Operation (MDO) project from Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, aggregating to Rs.
The material handling expertise of the Company in project development combined with the technical expertise of AMR in the field of greenfield mining project development, will greatly help in the overall development of the project which will result in achieving of the targets given by Coal Mining and Service Agreement.
This project will strengthen the already robust order book even further and enable the Company to diversify its order book which is in line with its strategy to have an optimum mix between power and non-power segments.
The project will add more than Rs. 400 crores annually to top line.
With the revenue coming in from the O&M business and this MOO projects, we expect to witness sustainable revenue with higher margins in the future for longer period.
Strong Order Inflow Rs.
Net Decrease in Cash and Cash equivalents 60 -16
Mentioned Phrases & Organizations
Important keywords detected (20+)
Organizations identified (10+)
Tables extracted (7)
|1||Promoters & Family||93,69,668||Promoter||63.69%|
|2||HDFC Small Cap Fund||12,27,393||MUT||8.34%|
|3||Banyan Tree Growth Capital II LLC||3,37,165||FPC||2.29%|
|5||AequitasInvestment ConsultancyPvt Ltd||1,13,145||LTD||0.77%|
|6||PurvanshHoldings Private Limited||63,857||LTD||0.43%|
|8||Acadian Emerging Markets Small Cap Equity Fund LLC||44,783||FPC||0.30|
|9||Right ShoppingPrivate Limited||40,000||LTD||0.27%|
|650 127 268 226 544 106 223 188 628 137 284 173||650 127 268 226 544 106 223 188|
|Particulars (Rs. in Cr)||Q1FY23||Q1FY22||YoY||Q4FY22||QoQ|
|Contract Execution Expenses||415||383||554|
|EBITDA Margin||11.4%||11.3%||8 bps||10.7%||71 bps|
|EBIT Margin||10.1%||9.9%||19 bps||9.6%||49 bps|
|Share of profit of Associates||-2||-1||0|
|Profit before Tax||53||42||27%||63||-16%|
|PBT Margin||7.1%||6.6%||44 bps||7.0%||12 bps|
|PAT after Minority Interest||40||31||26%||45||-12%|
|PAT Margin %||5.3%||5.0%||27 bps||5.0%||30 bps|
|Other Comprehensive Income||2||-1||0|
|Total Comprehensive Income||41||30||37%||45||-9%|
|TCI Margin %||5.5%||4.8%||70 bps||5.0%||51 bps|
|Profit and Loss (Rs. in Cr)||FY22||FY21||FY20||FY19||FY18||FY17||FY16|
|Revenuefrom Operations (Net of Excise)||2,710||1,884||2,165||2,261||1,548||1,338||1,378|
|Contract Execution Expenses||1,633||1,224||1,230||1,215||815||793||899|
|Share in Profit/(loss) in JV and Associates||-2||-3||2||2||0||1||0|
|Profit before Tax||185||-60||168||206||130||100||116|
|Profit before Tax Margin||6.8%||-3.2%||7.7%||9.0%||8.4%||7.5%||8.4%|
|PAT after Minority Interest||139||-46||131||122||79||65||75|
|PAT Margin %||5.1%||-2.4%||6.0%||5.3%||5.1%||4.8%||5.4%|
|Assets (Rs. in Cr)||Mar-22||Mar-21|
|Non - Current Assets||537||500|
|Property Plant & Equipments||173||165|
|Other Intangible Assets||2||3|
|(iii) Other Financial Assets||304||257|
|Deferred Tax Assets||12||22|
|Other Non Current Assets||1||2|
|(ii) Trade Receivables||667||534|
|(vi) Other financial assets||545||564|
|Income Tax Assets||61||37|
|Other Current Assets||492||449|
|Equity & Liabilities (in Rs. Cr)||Mar-22||Mar-21|
|Reserves & Surplus||1,029||890|
|(ii) Other Financial Liabilities||80||72|
|(iii) Lease Liabilities||2||3|
|Other Non Current Liabilities||83||32|
|(ii) Trade Payables||539||513|
|(iii) Lease Liabilities||2||3|
|Other Financial Liabilities||127||116|
|Other Current Liabilities||182||109|
|Total Equity & Liabilities||2,597||2,270|
|Particulars (Rs. in Cr)||Mar-22||Mar-21|
|Net Profit Before Tax||185||-60|
|Adjustments for: Non -Cash Items / Other Investment or Financial Items||114||112|
|Operating profit before working capital changes||299||52|
|Changes in working capital||-61||96|
|Cash generated from Operations||238||148|
|Direct taxes paid (net of refund)||61||26|
|Net Cash from Operating Activities||177||122|
|Net Cash from Investing Activities||-54||-47|
|Net Cash from Financing Activities||-63||-91|
|Net Decrease in Cash and Cash equivalents||60||-16|
|Add: Cash & Cash equivalents at the beginning of the period||14||30|
|Cash & Cash equivalents at the end of the period||73||14|
Features are experimental.