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SME Scorecard · POWERMECH · as of Mar 2026

Power Mech Projects Ltd

Price
₹2,429
+0.14% · as of 07 Oct, 3:30 pm
Market cap
₹7,667 Cr
latest
P / E
19.6
trailing
52-week
1,718 – 3,009
low – high
B
72/100
17 of 19 signals scored
Five pillars

Every signal, with the figure it came from.

Growth
weight 25
87
  1. Revenue CAGR, 3y
    ₹3,601 Cr (Mar 2023) → ₹6,062 Cr (Mar 2026).
    19.0%
    76
    Good
  2. Profit CAGR, 3y
    Net profit ₹207 Cr (Mar 2023) → ₹412 Cr (Mar 2026).
    25.8%
    100
    Good
  3. Latest quarter revenue YoY
    Jun 2026: ₹1,624 Cr vs Jun 2025: ₹1,293 Cr.
    25.6%
    85
    Good
Profitability
weight 25
61
  1. Return on equity
    Top-ratio ROE.
    15.4%
    62
    Good
  2. Return on capital employed
    Top-ratio ROCE.
    21.7%
    87
    Good
  3. Operating margin
    OPM for Mar 2026.
    12%
    40
    Watch
  4. Margin trend
    OPM 11% (Mar 2023) → 12% (Mar 2026).
    +1.0 pp
    56
    Watch
Balance sheet
weight 20
75
  1. Debt to equity
    Borrowings ₹664 Cr ÷ net worth ₹2,519 Cr (Mar 2026).
    0.3×
    87
    Good
  2. Interest cover
    (PBT ₹558 Cr + interest ₹116 Cr) ÷ interest, Mar 2026.
    5.8×
    69
    Good
  3. Debt growth vs revenue growth, 3y
    Revenue CAGR 19.0% minus borrowings CAGR 11.7%.
    +7.3 pp
    68
    Good
Cash conversion
weight 15
69
  1. Cash from operations ÷ profit, 3 FY
    CFO ₹593 Cr ÷ net profit ₹1,008 Cr, cumulative.
    0.6×
    49
    Watch
  2. Free-cash-flow-positive years of 3
    Mar 2026: ₹60 Cr · Mar 2025: ₹-159 Cr · Mar 2024: ₹115 Cr
    2 of 3
    67
    Watch
  3. Debtor days
    As of Mar 2026.
    93 days
    58
    Watch
  4. Accounting flags
    None of: capitalised interest, other-income dependence, rising working-capital days.
    None
    100
    Good
Governance
weight 15
65
  1. Promoter holding
    Quarter ended Jun 2026.
    58.41%
    96
    Good
  2. Promoter holding change
    64.05% (Sep 2023) → 58.41% (Jun 2026).
    -5.6 pp
    0
    Flag
  3. Promoter pledge
    A pledge is only reported when one exists; none listed here, but this is not confirmation of zero.
    —
    —
    Not scored
  4. Institutional holding
    FII 6.54% + DII 20.60%, Jun 2026.
    27.14%
    100
    Good
  5. Auditor & related-party flags
    Not in the source data. Not scored; read the annual report.
    —
    —
    Not scored
Four lenses

The same card, read for each segment.

Pre-listing01
Founders benchmarking an issue

Benchmarking a listing against Power Mech Projects: the market pays 19.6× earnings for 19.0% revenue CAGR over 3 years at a 12% operating margin, with promoters holding 58.41%. Debt to equity of 0.3× is the leverage bar peers will compare a new issue against.

Retail02
Two numbers and the flags

Grade B (72/100). ROE 15.4% and debt to equity 0.3× are the two numbers to remember. Watch: Promoter holding change -5.6 pp; Operating margin 12%; Margin trend +1.0 pp. Price sits 55% of the way up its 52-week range.

HNI03
Float and position sizing

Float check: promoters 58.41%, institutions 27.14%, public 14.45% across 79,426 shareholders on a ₹7,667 Cr market cap. Leverage and cash items to size for: Cash from operations ÷ profit 0.6×; Free-cash-flow-positive years 2 of 3; Debtor days 93 days.

Institutional04
Diligence priorities

Diligence priorities: Promoter holding change -5.6 pp; Cash from operations ÷ profit 0.6×; Free-cash-flow-positive years 2 of 3. Auditor changes, related-party dealings and contingent liabilities are not scored here and need the filings.

How this score is built

Arithmetic, not opinion.

Five pillars, weighted Growth 25, Profitability 25, Balance sheet 20, Cash conversion 15, Governance 15. Each pillar is the plain average of its scored signals; the overall is the weighted average of scored pillars, renormalised when a pillar has nothing to score. Grades: A at 75 or above, B at 60, C at 45, D below.

Each signal maps a reported figure to 0–100 on a straight ramp between two anchors (for example ROE 0% → 0, 25% → 100) or, for trends, 50 ± a fixed amount per percentage point. There is no model, no weighting by sector, and no judgement call in the arithmetic.

Inputs are the reported tables: annual profit and loss, balance sheet, cash flow, ratios and the quarterly shareholding pattern. A promoter pledge is scored only when one is reported, so “not scored” there is not a clean bill. Auditor changes, related-party dealings and contingent liabilities are never in the input and are listed as not scored so the gap is visible. Banks and NBFCs use a different P&L layout, so several signals will show as not scored. Informational only — not investment advice.

General disclaimer

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