*Power Mech Projects Ltd.* | *CMP* Rs. 991 | *M Cap* Rs. 1458 Cr | *52 W H/L* 1095/411
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 649.9 Cr (20.5% QoQ, 27.8% YoY) vs QoQ Rs. 539.3 Cr, YoY Rs. 508.5 Cr
EBIDTA came at Rs. 67.7 Cr (17.2% QoQ, 207.4% YoY) vs QoQ Rs. 57.8 Cr, YoY Rs. 22 Cr
EBITDA Margin came at 10.4% vs QoQ 10.7%, YoY 4.3%
Adj. PAT came at Rs. 32.9 Cr vs QoQ Rs. 27.1 Cr, YoY Rs. 3.1 Cr
Quarter EPS is Rs. 22.4
Stock is trading at P/E of 7x FY23E EPS