Please find the attached

Date: August 17, 2026 To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302 Dear Sir/Madam, Sub: Transcript of the Conference call with Investors / Analysts pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. --o0o-- With reference to the subject cited above, please find enclosed the transcript of the Conference Call with Investors / Analysts held on August 10, 2026, on the Q1FY27 performance of the Company. Kindly take the same on record and acknowledge the receipt. Thanking you. Yours faithfully, For Power Mech Projects Limited M. Raghavendra Prasad Company Secretary and Compliance Officer Encl: as above “Power Mech Project Limited Q1 FY’27 Earnings Conference Call” August 10, 2026 MANAGEMENT: MR. ROHIT SAJJA – EXECUTIVE DIRECTOR MR. S.K. RAMAIAH – DIRECTOR, BUSINESS DEVELOPMENT MR. N. NANI ARAVIND – CHIEF FINANCIAL OFFICER MODERATOR: MS. JUILI BAVISKAR – ASHIKA INSTITUTIONAL EQUITIES Page 1 of 18 Power Mech Project Limited August 10, 2026 Moderator: Ladies and gentlemen, good day and welcome to Power Mech Projects Limited Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms Juili Baviskar from Ashika Institutional Equities. Thank you and over to you, Miss Baviskar. Juili Baviskar: Thank you. Good afternoon and very warm welcome to everyone. On behalf of Ashika Institutional Equities, I welcome you all to Power Mech Projects Limited Q1 FY27 earnings conference call. Today we have with us management represented by Mr. Rohit Sajja, Executive Director, Mr. N. Nani Aravind, Chief Financial Officer, and Mr. S.K. Ramaiah, Director, Business Development. We thank the Power Mech Projects for giving us the opportunity to host the call, and we will now like to hand over the floor to the management for their opening remarks, post which we will open the floor for Q&A. Thanks and over to you, sir. N Nani Aravind: Good evening, everyone. I am Nani Aravind, CFO of the company. I would like to extend a warm welcome to all of you joining us today for our quarter one FY27 earnings call. Thank you for taking the time to participate in this discussion. As we begin financial year 2027, the first quarter reflected the continued strength of our growth trajectory. With improved performance across most of our core business verticals, except ETC business, our results reflect the strength of our integrated business model, disciplined execution capabilities and continued focus on operational excellence. For quarter one FY27, the company recorded total revenue of INR 1,632 crores, reflecting 26% growth over the same quarter last year. The growth was driven by sustained execution across our core verticals, along with the ramp up of operations in civil infrastructure, industrial EPC, O&M and international projects. EBITDA for the quarter was INR 176 crores at a 10.8% margin, representing a 3% decline year-on-year. The margin was lower compared to the same quarter last year, primarily due to higher material and execution costs arising from the ongoing Middle East conflict, increase in royalty cost in the KRBM project following the government orders on royalty sharing for seized quantities, lower margins in the KBP mining business primarily due to higher overburden removal cost from the opening new seams during quarter one. Production from these seams is expected to ramp up in the coming quarters, improving margins, lower other income during the current quarter. However, our standalone business noted an 11.3% EBITDA margin, compared to 10.2% in the same quarter last year. Profit after tax stood at INR 89 crores, reflecting 11% increase over quarter one FY26. Profit after tax after minority interest stood at INR 80 crores, compared with INR 53 crores in Q1 FY26, reflecting a 53% increase over Q1 FY26. This has helped to take the EPS to INR 25.23 compared to INR 16.61 in the corresponding quarter of financial year '26. The management is confident of maintaining its full year target in terms of execution, order book and margin profile. Page 2 of 18 Power Mech Project Limited August 10, 2026 Coming to the revenue mix, the quarter continued to reflect a well-diversified contribution across our business segments. The O&M business continued its steady growth, contributing INR 431 crores an 8% increase year-on-year, supported by new order inflows during the year. The civil segment, including roads, railways and water distribution projects, contributed INR 796 crores, registering a 28% year-on-year growth. The industrial construction business contributed INR 217 crores, down by 13% year-on-year, which was offset by the industrial EPC business, which contributed INR 96 crore. The mining business showed a strong positive trend with a revenue of INR 84 crores, representing 223% year-on-year growth, supported by the commencement and the ramp up of revenue from the KBP mine from November 2025 onwards. Now coming to the revenue mix for quarter one FY27, the geographical revenue mix comprised 96% domestic and 4% international revenues. Sector wise, the power segment contributed 54% of the revenue, while non-power segments contributed the remaining 46%. From an order inflow, the company secured orders worth approximately INR 1,864 crores during quarter one FY27 against our annual target of INR 12,000 crores, representing approximately 15.5% of the annual target. Order inflows during the quarter remained well-diversified across industrial construction, civil infrastructure and O&M. Among the key award wins during the quarter include O&M of Mumbai Monorail. This project also marks our entry into the highly technical urban mobility space. Our total order backlog, including MDO projects, stands approximately INR 55,398 crores. Excluding MDO orders, the executable order book stands at around INR 16,229 crores. This provides us with strong multi-year revenue visibility across industrial construction, civil engineering, EPC and O&M business. We continue to see a strong order pipeline across thermal power, both construction and maintenance, BOP systems and civil infrastructure. So, in summary, we are pleased with the progress achieved during Q1 FY27. Our diversified order book, strong execution capabilities and strategic focus on high value projects continue to position the company for sustained long-term growth. Our key priorities remain to improve execution in line with our planned trajectory, sustain and improve our margin profile through a higher contribution from O&M, mining and other relatively higher margin business, and further improve cash conversion and working capital efficiency with continued focus on collections, milestone certifications and mobilization advances. With a strong order pipeline and execution momentum across our business, we remain confident of delivering on our growth objectives and creating long-term value for all our stakeholders. With this, I now request Mr. Ramaiah garu to share the key business developments and the outlook for the upcoming period. S.K. Ramaiah: Yes, thank you, Arvind. Kodandaramaiah here. I think in continuation to what Arvind has said is that there is an improvement in the total order backlog from the end of the last year of INR Page 3 of 18 Power Mech Project Limited August 10, 2026 15,898 crores beginning and now it is INR 16,228 crores a plus 2%. Of course, major order improvement has come up in the civil [Showing first 8,000 characters — download PDF for full document]