Power Mech Projects Limited — Audit Report / Information 2026

May 20, 2026

POWER MECH

Growth Unlimited

Date: May 20, 2026

To

Listing Department

National Stock Exchange of India Limited

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex,

Bandra (E), Mumbai – 400 051

Symbol/Security ID: POWERMECH

To

Dept. of Corp. Services

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai- 400001

Security Code: 539302

Dear Sir/Madam,

Sub: Outcome of Board meeting u/r 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").

Ref: Board meeting intimation dated May 15, 2026

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This is to inform that the Board of Directors of the Company at its meeting held today i.e., Wednesday, May 20, 2026) has inter-alia, approved:

1) the audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, pursuant to Regulation 33 (3) of Listing Regulations.

The copies of the same including statement of assets and liabilities, statement of cash flows along with the Auditors' Report with unmodified opinion(s) (on both Standalone and Consolidated Financial Statements separately) and a declaration to the effect that the Auditors have given unmodified opinion on audited financial results (Standalone & Consolidated) for the year ended March 31, 2026, are enclosed Annexure-2

2) the final dividend on equity shares at the rate of 15% i.e., ₹1.50/- per equity share of ₹ 10/- each for the financial year ended March 31, 2026.

The above-mentioned dividend, if approved by the shareholders in the ensuing annual general meeting, shall be paid within 30 days of such approval.

3) the appointment of M/s. M P R & Associates, Cost Accountants, as Cost Auditors of the Company for the financial year 2025-26, subject to the ratification of the remuneration by the shareholders at the ensuing Annual General Meeting of the Company.

The additional details, pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, relating to the above said appointments is enclosed as Annexure-1.

JAS-ANZ

M4570910IN

POWER MECH PROJECTS LIMITED

AN ISO 9001, ISO 14001 & OHSAS 18001 CERTIFIED COMPANY

Regd. & Corporate Office :

Plot No. 77, Jubilee Enclave, Opp. Hitex,

Madhapur, Hyderabad-500081

Telangana, India

CIN : L74140TG1999PLC032156

Phone : 040-30444444

Fax : 040-30444400

E-mail : info@powermech.net

Website : www.powermechprojects.com

C A

ANAB

S

SWETFIRST

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POWER MECH

Growth Unlimited

The meeting of Board of directors was commenced at 2:30 p.m. (IST) and concluded at 6:50 p.m. (IST). The above information is also being made available on the website of the Company at: https://powermechprojects.com/power-mech-financial-results/

Kindly take the same on record and acknowledge the receipt.

Thanking you,

Yours faithfully,

For Power Mech Projects Limited

Movva

Raghavendra

Prasad

M. Raghavendra Prasad

Company Secretary and Compliance officer

Encl: as above

S. No	Particulars	Details of Cost Auditors
1	Reason for change viz. appointment	Appointment of M/s. M P R & Associates, Cost Accountants, (Firm Reg. No.: 000413) as Cost Auditors of the Company.
2	Date of appointment / & terms of appointment	May 20, 2026: for the financial year 2026-27, subject to the ratification of the remuneration by the shareholders at the ensuing Annual General Meeting of the Company.
3	Disclosure of relationships between directors	Not Applicable
4	Brief Profile	M/s. M P R & ASSOCIATES (FRN: 000413), founded in 2012, is a Hyderabad-based firm of Cost Accountants specializing in Costing, Taxation, and Cost Advisory Services. The firm consisting of qualified cost accountants has undertaken many assignments in various industries.
The clients list includes leading Companies with multiple locations and diversified product Portfolio.
They have expertise in the areas which include:
Cost Audit, Product Costing, Cost System Designing and Implementation, Cost of Production Certifications Under CAS-4, Internal Audit, Stock Audits & Valuation, and Local Content Certification.

JAS-ANZ

M4570910IN

POWER MECH PROJECTS LIMITED

AN ISO 9001, ISO 14001 & OHSAS 18001 CERTIFIED COMPANY

Regd. & Corporate Office :

Plot No. 77, Jubilee Enclave, Opp. Hitex,

Madhapur, Hyderabad-500081

Telangana, India

CIN : L74140TG1999PLC032156

Phone : 040-30444444

Fax : 040-30444400

E-mail : info@powermech.net

Website: www.powermechprojects.com

C A N A B

SAFETY FIRST

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Annexure-2

CA INDIA

Brahmayya & Co. CHARTERED ACCOUNTANTS

VIJAYAWADA, HYDERABAD, VISAKHAPATNAM, GUNTUR, KAKINADA & TANUKU

INDEPENDENT AUDITORS' REPORT ON QUARTERLY AND YEAR TO DATE STANDALONE FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED

TO THE BOARD OF DIRECTORS OF

Report on the audit of the Standalone financial results

Opinion

We have audited the accompanying Standalone financial results for the Quarter ended March, 2026 (refer ‘Other Matters’ section below) and Financial Results for the Year ended March 31, 2026 of POWER MECH PROJECTS LIMITED (“the Company”), (“the Statement”), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the Standalone financial results for the Quarter and year ended March 31, 2026:

a) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and

b) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the net Profit and total comprehensive Income and other financial information of the Company for the Quarter and year ended March, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under Section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (“the ICAI”) together with the ethical requirements that are relevant to our audit of the Standalone financial results for the Quarter and year ended March 31, 2026 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s Responsibilities for the Standalone financial results

This Statement which includes the Standalone financial results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Standalone financial results for the quarter and year ended March 31, 2026 has been compiled from the related audited financial statements. This responsibility includes the preparation and presentation of the Standalone financial results for the quarter and year ended March 31, 2026 that give a true and fair view of the net profit and other comprehensive Income and other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with ATTREX.

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh 2444592, India (91-866) 2444592, 2444593, Cell: 9441176311

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INDIA

Brahmayya & Co CHARTERED ACCOUNTANTS

VIJAYAWADA, HYDERABAD, VISAKHAPATNAM, GUNTUR, KAKINADA & TANUKU

issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone financial results that give a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Standalone financial results, the Board of Directors are responsible for assessing the Company's ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the financial reporting process of the Company.

Auditor’s Responsibilities for the Audit of the Standalone financial results for the quarter and year ended March 31, 2026

Our objectives are to obtain reasonable assurance about whether the Standalone financial results for the quarter and year ended March 31, 2026 as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Annual Standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

• Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

• Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh – 520002, India (91-866) 2444592, 2444593, Cell: 9441176311

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INDIA

Brahmayya & Co. CHARTERED ACCOUNTANTS

our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Standalone financial results, including the disclosures, and whether the Standalone financial results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The Statement includes the results for the Quarter ended March 31, 2026 and March 31, 2025 being the balancing figures between audited figures in respect of the respective full financial year and the published year to date figures up to the third quarter of the respective financial year which were subject to limited review by us. Our report on the standalone results is not modified in respect of this matter.

Place: Camp: Hyderabad
Date: May 20, 2026
UDIN: 26202309RTRGAV1098

For Brahmayya & Co,
Chartered Accountants,
Firm Regn. No. 000513S

Karumanchi Rajaj
Partner
Membership No. 202309

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh – 520002, India
(91-866) 2444592, 2444593, Cell: 9441176311

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CA INDIA

Brahmayya & Co CHARTERED ACCOUNTANTS

INDEPENDENT AUDITORS' REPORT ON QUARTERLY AND YEAR TO DATE CONSOLIDATED FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED

TO THE BOARD OF DIRECTORS OF POWER MECH PROJECTS LIMITED

Report on the Audit of the Consolidated financial results

Opinion

We have audited the accompanying statement of quarterly and year to date Consolidated Financial Results (refer ‘Other Matters’ section below) for the Year ended March 31, 2026, of POWER MECH PROJECTS LIMITED (“the Parent”) and its Subsidiaries (the Parent and its subsidiaries together referred to as “the Group”), and its share of the net profit/(loss) after tax and total comprehensive income/(loss) from its Joint venture and associate for the year ended 31st March, 2026, (“the Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the reports of other auditors on separate audited financial statements/unaudited financial information of Subsidiaries, associate and Joint ventures referred to in Other matters section below, the Consolidated annual financial results for the year ended March 31, 2026:

Apart from the Parent company, the unaudited consolidated financial results includes the following subsidiaries, Joint ventures and associates.

Sl.No	Name of the entity	Relationship
1.	Power Mech Industri Private Limited	Wholly Owned Subsidiary (Indian)
2.	Power Mech SSA Structures (P) Limited	Wholly Owned Subsidiary (Indian)
3.	Aashm Avenues (P) Limited	Wholly Owned Subsidiary (Indian)
(Strike off during Q4)
4.	Power Mech Environmental Protection Private Limited	Wholly Owned Subsidiary (Strike off during Q4)

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh 1-820002, India (91-866) 2444592, 2444593, Cell: 9441176311

E-mail: krajaj@brahmayya.com brahmayyavijayawada@outlook.com

CA INDIA

Brahmagya & Co. CHARTERED ACCOUNTANTS

5.	Energy Advisory and Consulting Services Private Limited	Wholly Owned Subsidiary (Indian) (Strike off during Q4)
6.	PMTS Private Limited	Wholly Owned Subsidiary (Indian)
7.	PM Green Private Limited	Wholly Owned Subsidiary (Indian)
8.	Deoghar Ring Road Project Private Limited	Wholly Owned Subsidiary (Indian)
9.	Suryathna Energy Private Limited	Subsidiary (Indian)
10.	KBP Mining Private Limited	Subsidiary (Indian)
11.	Hydro Magus Private Limited	Subsidiary (Indian)
12.	Power Mech BSCPL Consortium Private Limited	Subsidiary (Indian)
13.	Kalyaneswari Tasra Mining Private Limited	Subsidiary (Indian)
14.	Vanshika Mining Works LLP	Subsidiary (Indian)
15.	Velocity Mining Works LLP	Subsidiary (Indian)
16.	Vindyavasini Mining Works LLP	Subsidiary (Indian)
17.	Kailash River bed mining LLP	Subsidiary (Indian)
II 1.	Power Mech Projects (BR) FZE	Wholly Owned Subsidiary (Foreign)
2.	Power Mech Arabia Contracting Company	Subsidiary (Foreign)
3.	Power Mech Projects LLC	Subsidiary (Foreign)
III 1.	PMPL – Khilari JV (AOP)	Joint Venture (India)
2.	PMPL – STS JV (AOP)	Joint Venture (India)
3.	PMPL – ACPL JV (AOP)	Joint Venture (India)
4.	PMPL – SRC INFRA JV (Mizoram)	Joint Venture (India)
5.	PMPL – SRC INFRA JV (Hasan)	Joint Venture (India)
6.	PMPL – BRCC INFRA JV	Joint Venture (India)

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh - 520002, India

(91-866) 2444592, 2444593, Cell: 9441176311

E-mail: krajaj@brahmagya.com brahmayavijayawada@outlook.com

CA INDIA

7.	PMPL-KVRECPL Consortium JV	Joint Venture (India)
8.	Rites-PMPL JV	Joint Venture (India)
9.	SCWPL-PMPL JV	Joint Venture (India)
10.	M/S Power Mech-M/S Taikisha JV	Joint Venture (India)
11.	PMPL-PIA JV	Joint Venture (India)
12.	PMPL-RSVCPL JV	Joint Venture (India)
13.	PMPL-Upper Burhner JV	Joint Venture (India)
14.	PMPL-KMV JV	Joint Venture (India)
IV 1.	GTA Power Mech Nigeria Limited	Joint Venture (Foreign)
2.	GTA power Mech DMCC	Joint Venture (Foreign)
3.	GTA Power Mech FZE	Subsidiary of JV (foreign)
V 1.	Mas Power Mech Arabia	Associate (Foreign)
2.	Power Mech LLC	Associate (Foreign)

i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and

(ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the net profit/(loss) and total comprehensive Income/(loss) and other financial information of the Company for the quarter and year ended 31st March, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group, its associate and joint venture in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("the ICAI") together with the ethical requirements that are relevant to our audit of the Consolidated financial results for

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh – 520052, India (91-866) 2444592, 2444593, Cell: 9441176311

E-mail: krajaj@brahmayya.com brahmayyavijayawada@outlook.com

CA INDIA

the Quarter and Year ended March 31, 2025 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us and the audit evidence obtained by the other auditors in terms of their reports referred to in Other matters section below, is sufficient and appropriate to provide a basis for our audit opinion.

Management’s Responsibilities for the Statement

This Statement which includes the Consolidated financial results is the responsibility of the Parents Board of Directors and has been approved by them for the issuance. The Consolidated financial results for the year ended March 31, 2026 have been compiled from the related audited and unaudited financial statements of some of the entities in the group. This responsibility includes the preparation and presentation of the Consolidated financial results for the Quarter and Year ended March 31, 2026 that give a true and fair view of the net profit/(loss) and other comprehensive income/(loss) and other financial information of the Group including its associate and joint venture in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective board of directors of the companies included in the group and its associate and joint venture are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error which have been used for the purpose of preparation of this consolidated financial results by the directors of the parent, as aforesaid.

In preparing the Consolidated annual financial results, the respective Board of Directors of the companies in the group and its associate and joint venture are responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies in the group and its associate and joint venture are responsible for overseeing the financial reporting process of the group and of its associate and joint venture.

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh – 520002, India (91-866) 2444592, 2444593, Cell: 9441176311

Auditor's Responsibilities for the Audit of the Consolidated financial results for the Quarter and Year ended March 31, 2026

Our objectives are to obtain reasonable assurance about whether the Consolidated financial results for the Quarter and Year ended March 31, 2026 as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Consolidated financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Quarterly and Annual Consolidated financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

• Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

• Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its associate and joint venture to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Annual Consolidated financial results, including the disclosures, and whether the Annual Consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.

• Perform procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing regulations to the extent applicable.

• Obtain sufficient appropriate audit evidence regarding the Annual Standalone financial results of the entities within the group and its associate and joint venture to express an opinion on the Annual Consolidated financial results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Annual Consolidated financial results of which we are the independent auditors. For the other entities included in the Annual Consolidated financial results which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

We communicate with those charged with governance of the parent and such other entities included in the consolidated financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing regulations, 2015, as amended, to the extent applicable.

Other Matters

The accompanying Statement includes the audited financial results/statements and other financial information, in respect of:

a) 13 subsidiaries, whose financial results/statements and other financial information include total assets of Rs.691.68 crores as at March 31, 2026, total revenue of Rs.346.92 crores and Rs. 589.91 crores, total net profit after tax of Rs.65.09 crores and Rs. 61.42 crores, total comprehensive income of Rs.67.36 crores and Rs. 64.62 crores, for the quarter and the year ended on that date respectively,

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh - 520002, India (91-866) 2444592, 2444593, Cell: 9441176311

and net cash inflows of Rs.32.75 crore for the year ended March 31, 2026, as considered in the Statement which have been audited by their respective independent auditors.

Of the above, the financial results of 1 foreign subsidiary company has not been audited by other auditors which includes total assets of Rs. 2.24 Crores as at 31st March, 2026, total cash flows (Rs.0.16 crores), total revenues of Rs.0.96 Crores and Rs.4.74 Crores for the quarter and year ended 31st March, 2026 respectively, total net profit/(loss) after tax of Rs. (0.11 crores) and Rs. 0.07 crores and total comprehensive income/(loss) of Rs.(0.06 crores) and Rs. 0.17 Crores for the quarter and year ended 31st March, 2026.

b) 2 associates and 6 joint ventures, whose financial results/statements and other financial information include Group's share of net profit/(Loss) after tax and after total comprehensive income/(loss) of Rs. (1.67 crores) crore and Rs. (2.47 crores) for the quarter and for the year ended March 31, 2026 respectively, as considered in the Statement which have been audited by their respective independent auditors.

Of the above, the financial results of 2 foreign associates and 2 foreign Joint ventures have not been audited by other auditors which includes groups share of net profit/(loss) after tax and total comprehensive Income/(loss) of Rs. (1.68 crores) and Rs. (2.54 crores) for the quarter and year ended 31st March, 2026.

The independent auditor's report on the financial statements/financial results and other financial information of these entities have been furnished to us by the Management and our opinion on the Statement in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, joint ventures and associates is based solely on the reports of such auditors and the procedures performed by us as stated in paragraph above.

Certain of these subsidiaries/JV/Associates are located outside India whose financial results/ financial statements and other financial information have been prepared in accordance with the accounting principles generally accepted in their respective countries and which have been audited by other auditors under generally accepted auditing standards applicable in their respective countries. The Holding Company's management has converted the financial results/financial statements of such subsidiaries/JV/Associates located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have audited these conversion adjustments made by the Holding Company's management. Our opinion in so far as it relates to the balances and affairs of such subsidiaries located outside India is based on the report of other auditors and the conversion adjustments prepared by the management of the Holding Company and audited by us.

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh - 520002, India (91-866) 2444592, 2444593, Cell: 9441176311

E-mail: krajaj@brahmayya.com brahmayavijayawada@outlook.com

In respect of entities in the group whose financial statements and other financial information have not been audited by their auditors, these unaudited financial results/statements and other financial information have been approved and furnished to us by the management and our opinion on the statement, in so far as it relates to the amounts and disclosures included in respect of these entities is based on solely on such unaudited financial results/statements and other financial information. In our opinion and according to the information and explanations to us, these financial results/statements/ and other information are not material to the group.

The Statement includes the results for the Quarter ended March 31, 2026 and March 31, 2025 being the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the respective financial year which were subject to limited review by us. Our report on the consolidated financial results us not modified in respect of this matter.

Place: Camp: Hyderabad
Date: May 20, 2026
UDIN: 26202309OAEZRB4705

For Brahmayya & Co,
Chartered Accountants,
Firm Regn. No. 0005135

D.No: 33-25-33B, Govindarajulunaidu Street, Suryaraopet, Vijayawada, Andhra Pradesh – 520002, India
(91-866) 2444592, 2444593, Cell: 9441176311
E-mail: krajaj@brahmayya.com brahmayyavijayawada@outlook.com

POWER MECH®

POWER MECH PROJECTS LIMITED

Registered & Corporate Office: Plot No.77, Jubilee Enclave, Madhapur, Hyderabad - 500 081, Telangana.

CIN: L74140TG1999PLC032156, Email - info@powermech.net, Website: www.powermechprojects.com

Statement of Standalone financial results for the Quarter and Year Ended March 31, 2026

(Rs. in Crs)

Sl. No.	Particulars	Quarter ended			Year ended
		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		Audited (Refer Note. 4)	Unaudited	Audited (Refer Note. 4)	Audited	Audited
I	Income
	(a) Revenue from operations	1,586.90	1,130.14	1,523.30	4,727.65	4,435.42
	(b) Other income	18.62	19.65	25.45	72.14	66.14
II	Total income	1,605.52	1,149.79	1,548.75	4,799.79	4,501.56
	Expenses
	(a) Cost of materials consumed	288.98	230.94	281.73	860.58	812.45
	(b) (Increase)/Decrease in inventories of finished goods, stock-in-trade and work-in-progress	21.12	(1.70)	(0.48)	8.02	(2.12)
	(c) Contract execution expenses	908.17	573.79	888.08	2,602.08	2,457.22
	(d) Employee benefits expense	197.65	176.42	173.31	690.19	611.52
	(e) Finance costs	26.80	25.39	25.60	100.62	86.43
	(f) Depreciation and amortisation expense	18.96	17.01	13.80	65.49	48.22
	(g) Other expenses	25.47	24.62	19.84	86.19	69.15
	Total expenses	1,487.15	1,046.47	1,401.88	4,413.17	4,082.86
III	Profit before exceptional items and tax (I-II)	118.37	103.32	146.86	386.62	418.70
IV	Exceptional items	-	-	-	-	-
V	Profit before tax (III-IV)	118.37	103.32	146.86	386.62	418.70
VI	Tax expense
	(a) Current tax	25.41	24.39	45.36	98.18	122.59
	(b) Current tax of earlier years	0.00	(4.09)	(0.12)	(4.09)	3.16
	(c) Deferred tax charge/(credit)	(4.64)	(3.60)	(5.87)	(5.84)	(7.59)
VII	Total tax expense	20.77	16.70	39.37	88.25	118.16
	Profit for the year after tax (V-VI)	97.60	86.62	107.49	298.37	300.55
	Other comprehensive income
VIII	Items that will not be reclassified to profit or loss
	(a) Remeasurements of the defined employee benefit plans	(5.41)	0.22	1.83	(4.77)	0.86
	(b) Changes in fair value of equity instruments	(0.01)	(0.00)	(0.01)	-	(0.00)
	Total Other comprehensive income	(5.42)	0.22	1.82	(4.77)	0.86
IX	Total comprehensive income (VII+VIII)	92.18	86.84	109.31	293.60	301.41
X	Paid-up equity share capital (Face value Rs.10/- each)	31.62	31.62	31.62	31.62	31.62
XI	Reserves (excluding revaluation reserves) as per Balance Sheet	-	-	-	2,363.35	2,073.70
XII	Earnings per share (of Rs.10/- each) (for the period - not annualised)
	- Earnings per Share - Basic & Diluted	30.87	27.40	33.99	94.37	95.05

S

POWER MECH®

POWER MECH PROJECTS LIMITED

Registered & Corporate Office: Plot No.77, Jubilee Enclave, Madhapur, Hyderabad - 500 081, Telangana.

CIN: L74140TG1999PLC032156, Email - info@powermech.net, Website: www.powermechprojects.com

Statement of Consolidated financial results for the Quarter and Year Ended March 31, 2026

(Rs. in Crs)

Sl. No.	Particulars	Quarter ended			Year ended
		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		Audited (Refer Note.4)	Unaudited	Audited (Refer Note.4)	Audited	Audited
I	Income
	(a) Revenue from operations	2,110.73	1,419.56	1,853.28	6,061.57	5,234.14
	(b) Other income	9.94	13.43	16.73	45.68	45.18
II	Total income	2,120.67	1,432.99	1,870.01	6,107.25	5,279.32
	Expenses
	(a) Cost of materials consumed	292.14	233.26	283.54	869.05	817.97
	(b) (Increase)/Decrease in inventories of finished goods, stock-in-trade and work-in-progress	36.89	(12.30)	(9.37)	(0.03)	(15.80)
	(c) Contract execution expenses	1,310.92	811.86	1,152.93	3,611.90	3,078.02
	(d) Employee benefits expense	216.59	191.86	185.78	755.27	663.36
	(e) Finance costs	27.92	29.89	33.65	115.64	99.42
	(f) Depreciation and amortisation expense	21.34	19.32	16.05	74.51	55.80
	(g) Other expenses	27.31	35.21	24.71	120.78	86.61
	Total expenses	1,933.11	1,309.10	1,687.29	5,547.12	4,785.38
III	Profit before Share of Profit/(Loss) from Joint venture, exceptional items and tax (I-II)	187.56	123.89	182.72	560.13	493.94
IV	Share of Profit/(Loss) from Joint Venture/Associate	(0.87)	(0.03)	(1.82)	(2.63)	(2.70)
V	Profit before exceptional items and tax (III-IV)	186.69	123.86	180.90	557.50	491.24
VI	Exceptional items	-	-	-	-	-
VII	Profit before tax (V-VI)	186.69	123.86	180.90	557.50	491.24
VIII	Tax expense
	(a) Current tax	39.46	31.72	58.49	156.68	148.23
	(b) Current tax of earlier years	-	(4.19)	(0.12)	(4.19)	3.16
	(c) Deferred tax charge/(credit)	(6.18)	(3.29)	(7.26)	(6.67)	(7.70)
IX	Total tax expense	33.28	24.24	51.11	145.82	143.69
	Profit for the year after tax (VII-VIII)	153.41	99.62	129.79	411.68	347.55
X	Other comprehensive income
	Items that will not be reclassified to profit or loss
	(a) Remeasurements of the defined employee benefit plans	(4.91)	0.21	1.64	(4.36)	0.68
	(b) Equity instruments through other comprehensive income	(0.01)	0.01	(0.01)	(0.01)	(0.00)
	Items that will be reclassified to profit or loss
	(a) Exchange fluctuations on revaluation of foreign operations	1.76	0.69	1.08	2.79	(2.17)
	Total Other comprehensive income	(3.16)	0.91	2.71	(1.58)	(1.49)
	Total comprehensive income (IX+X)	150.25	100.53	132.50	410.10	346.06
	Profit for the year before other comprehensive income	153.41	99.62	129.79	411.68	347.55
	Attributable to
XI	Equity share holders of the parent	142.55	93.99	117.24	363.98	326.48
	Non-controlling interest	10.86	5.63	12.55	47.69	21.07
	Total comprehensive income for the year	150.25	100.53	132.50	410.10	346.06
	Attributable to
	Equity share holders of the parent	150.25	94.48	119.95	362.42	324.99
	Non-controlling interest	-	6.05	12.54	47.67	21.07
	Paid-up equity share capital (Face value Rs.10/- each)	31.62	31.62	31.62	31.62	31.62
	Reserves (excluding revaluation reserves) as per Balance Sheet	-	-	-	2,486.78	2,128.30
	Earnings per share (of Rs.10/- each) (for the year - not annualised)
	- Earnings per Share - Basic & Diluted	45.09	29.73	37.08	115.12	103.26

C

| Statement of Assets and Liabilities
(Rs.in Crs) | | | | | |
| --- | --- | --- | --- | --- | --- |
| Sl. No. | Particulars | Standalone(Audited) | | Consolidated (Audited) | |
| | | As at | | As at | |
| | | 31-03-2026 | 31-03-2025 | 31-03-2026 | |
| 1 | (a) | ASSETS | | | |
| | | Non-Current Assets | | | |
| (b) | (c) | Property, Plant and Equipment | 354.25 | 252.53 | 403.82 |
| | | Right-of-use assets | 9.12 | 10.79 | 14.21 |
| (d) | (e) | Capital Work-in-progress | 171.63 | 27.91 | 181.66 |
| | | Intangible Assets | 8.42 | 6.48 | 10.73 |
| (f) | (g) | Financial Assets receivable under SCA | - | - | 42.35 |
| | | Financial Assets | | | |
| (h) | (i) | Investments | 14.87 | 14.10 | 33.22 |
| | | (i) Other financial assets | 413.32 | 335.09 | 607.95 |
| | | Deferred Tax Asset (Net) | 24.46 | 18.62 | 24.98 |
| | | Other Non-current Assets | 61.86 | 3.86 | 161.95 |
| Total Non-Current assets | | | 1,057.93 | 669.38 | 1,480.87 |
| 2 | (a) | Current Assets | | | |
| | | Inventories | 218.49 | 161.89 | 264.27 |
| (b) | (i) | Financial Assets | | | |
| | | Investments | 0.52 | 0.56 | 0.52 |
| (c) | (i) | Trade Receivables | 1,505.12 | 1,403.99 | 1,546.79 |
| | | Cash and cash equivalents | 33.72 | 23.13 | 106.71 |
| (d) | (i) | Other bank balances | 355.19 | 489.72 | 386.21 |
| | | (v) Loans | 442.57 | 341.41 | 47.51 |
| | | (v) Other financial assets | 986.50 | 872.84 | 1,113.72 |
| | | Other Current assets | 449.20 | 368.53 | 13.41 |
| Total Current assets | | | 4,019.16 | 3,662.07 | 4,108.49 |
| Total Assets | | | 5,077.09 | 4,331.45 | 5,589.36 |
| EQUITY AND LIABILITIES | | | | | |
| 1(a) | (b) | Equity | | | |
| | | Equity Share Capital | 31.62 | 31.62 | 31.62 |
| (c) | (b) | Other Equity | 2,363.35 | 2,073.70 | 2,486.78 |
| | | Non-Controlling Interests | - | - | 70.66 |
| Liabilities | | | 2,394.97 | 2,105.32 | 2,589.06 |
| 3(a) | (b) | Non-current liabilities | | | |
| | | Financial Liabilities | | | |
| (c) | (b) | (i) Long-term borrowings | 77.39 | 56.81 | 108.24 |
| | | (ii) Lease liabilities | 6.57 | 8.33 | 9.29 |
| (c) | (b) | (iii) Other financial liabilities | 173.91 | 122.63 | 181.19 |
| | | Provisions | 14.64 | 3.94 | 15.80 |
| (c) | (b) | Other non-current liabilities | 348.01 | 139.63 | 286.90 |
| | | Total non-current liabilities | 620.52 | 331.34 | 601.42 |
| 4(a) | (b) | Current liabilities | | | |
| | | Financial Liabilities | | | |
| (c) | (b) | (i) Short-term borrowings | 403.13 | 567.92 | 543.05 |
| | | (ii) Lease liabilities | 2.78 | 3.45 | 3.05 |
| (c) | (b) | (iii) Trade payables | | | |
| | | a) Total outstanding dues of micro enterprises and small enterprises | 10.32 | 21.30 | 10.32 |
| (d) | (d) | b) Total outstanding dues of Creditors other than micro enterprises and small enterprises | 1,049.91 | 891.43 | 1,164.16 |
| | | (iv) Other financial liabilities | 209.60 | 214.62 | 263.37 |
| (d) | (d) | Other current liabilities | 383.14 | 182.16 | 411.91 |
| | | Provisions | 2.72 | 0.87 | 3.02 |
| (d) | (d) | Current tax Liabilities (Net) | - | 13.04 | - |
| | | Total current liabilities | 2,061.60 | 1,894.79 | 2,398.88 |
| Total Equity and Liabilities | | | 5,077.09 | 4,331.45 | 5,589.36 |

| Cash Flow Statement for the Year ended 31^{st} March, 2026
(Rs.in Crs) |
| --- |
| Particulars | Standalone(Audited) | Consolidated (Audited) |
| as at | as at |
| 31.03.26 | 31.03.25 | 31.03.26 | 31.03.25 |
| I. | CASH FLOW FROM OPERATING ACTIVITIES | | | | |
| Profit before tax | 386.63 | 418.70 | 557.50 | 491.23 |
| Add/Less: Adjustments for : | - | - | - | - |
| Depreciation | 65.49 | 48.22 | 74.52 | 55.80 |
| FCTR Movement | - | - | 2.78 | (2.17) |
| Interest and Finance charges | 99.63 | 81.86 | 113.16 | 94.47 |
| Interest on Income Tax | 0.99 | 4.39 | 2.49 | 4.77 |
| Loss on sale of assets | 0.02 | 0.50 | 0.23 | 0.51 |
| Fair value loss/(gain) on current investments | 0.04 | (0.01) | 0.04 | (0.01) |
| Net loss arising on financial assets measured at FVTPL | (0.12) | (0.08) | (0.12) | (0.08) |
| Interest income | (36.75) | (35.97) | (39.10) | (37.28) |
| Assets writtenoff | 0.33 | 4.39 | 0.33 | 4.38 |
| Investments written off | 0.12 | - | 0.12 | - |
| Amortisation of Deferred Government grants | (0.03) | (0.12) | (0.03) | (0.12) |
| Profit on sale of assets | (3.74) | (0.39) | (3.85) | (0.47) |
| Dividend income | (0.03) | - | - | - |
| Interest on advances | (21.81) | (19.58) | (1.07) | (0.21) |
| Remeasurement benefits on defined benefit Plans/Obligations considered in Other Comprehensive Income | (4.77) | 0.86 | (4.36) | 0.68 |
| Share of Profit/(loss) in Joint Venture | - | - | 2.63 | 2.70 |
| Operating profit before working capital changes | 486.00 | 502.76 | 705.27 | 614.20 |
| Movements in Working Capital | | | | |
| Adjustments for (increase)/decrease in operating assets: | | | | |
| - Trade Receivables | (101.12) | (435.35) | (84.57) | (422.57) |
| - Inventories | (56.60) | (61.41) | (66.31) | (76.13) |
| - Other Assets | (419.76) | (249.34) | (594.37) | (320.50) |
| Adjustments for increase/(decrease) in operating liabilities: | | | | |
| - Trade Payables | 147.49 | 229.82 | 244.49 | 210.48 |
| - Other Liabilities and Provisions | 468.21 | 122.67 | 412.40 | 146.69 |
| Cash generated from operations | 524.22 | 109.15 | 616.91 | 152.17 |
| Less: Direct taxes paid | (135.97) | (133.18) | (187.11) | (151.43) |
| Net cash from/(used in) Operating activities (A) | 388.25 | (24.03) | 429.80 | 0.74 |
| II. | CASH FLOW FROM INVESTING ACTIVITIES | | | | |
| Purchase of fixed assets/Capital work in progress | (313.54) | (151.35) | (335.46) | (162.58) |
| Proceeds from sale of fixed assets | 5.74 | 2.51 | 8.41 | 2.56 |
| Financial Asset receivable under SCA | - | - | (42.35) | - |
| Investment in equity shares of Subsidiary company | (0.90) | - | - | - |
| Margin money deposits with banks and other balances | (26.02) | (77.82) | (45.99) | (71.76) |
| Dividend income | 0.03 | - | - | - |
| Earmarked funds out of QIP proceeds drawn | 148.72 | 1.70 | 148.72 | 1.70 |
| Interest received | 36.75 | 35.97 | 39.10 | 37.28 |
| Interest on advances | 21.81 | 19.58 | 1.06 | 0.21 |
| Net cash used in Investing activities (B) | (127.41) | (169.41) | (226.51) | (192.59) |
| III. | CASH FLOW FROM FINANCING ACTIVITIES | | | | |
| Proceeds from/(Repayment of) borrowings | (144.21) | 275.90 | (71.94) | 331.49 |
| Interest and Finance charges paid | (98.88) | (81.15) | (112.48) | (93.76) |
| Lease Rent Paid | (3.19) | (2.57) | (0.20) | (2.57) |
| Dividend paid | (3.96) | (3.16) | (3.95) | (3.16) |
| Net cash from financing activities (C) | (250.24) | 189.02 | (188.57) | 232.00 |
| Net Increase /(Decrease) in cash and cash equivalents (A+B+C) | 10.60 | (4.42) | 14.72 | 40.15 |
| Cash and cash equivalents at the beginning of the year | 23.13 | 27.55 | 91.99 | 51.84 |
| Cash and cash equivalents at the end of the year | 33.73 | 23.13 | 106.71 | 91.99 |
| Net Increase /(Decrease) in cash and cash equivalents | 10.60 | (4.42) | 14.72 | 40.15 |

A

Notes:

1. These financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 20th May, 2026. These results are as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The statutory auditors have carried out audit of these results for the quarter and year ended March 31, 2026 and have issued as unmodified opinion on these results.

2. The group predominantly operates only in construction and maintenance activities and there are no reportable segments under Indian Accounting Standard (Ind AS) -108.

3. Figures for the previous periods have been regrouped and reclassified wherever necessary to conform to current period classification.

4. Figures for the quarter ended 31.3.2026 and 31.3.2025 are the balancing figures between the audited figures for the respective financial year ended 31.3.2026 and 31.3.2025 and the published year to figures upto nine months ended 31.12.2025 and 31.3.2024 respectively.

Hyderabad
May 20, 2026

By order of the Board
S. Nakhon Ghan
Chairman and Managing Director

Date: May 20, 2026

To

Listing Department

National Stock Exchange of India Limited

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex,

Bandra (E), Mumbai – 400 051

Symbol/Security ID: POWERMECH

To

Dept. of Corp. Services

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai- 400001

Security Code: 539302

Dear Sir/Madam,

Sub: Declaration in respect of Audit Reports with unmodified opinion

Ref: Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

---

With reference to the subject cited above, we hereby declare that Mr. Karumanchi Rajaj (Membership No.: 202309), the representative of M/s. Brahmayya & Co, Chartered Accountants (FRN: 000513 S), the Statutory Auditors of the Company have issued the Audit Reports for both Standalone and Consolidated financials with unmodified opinion for the year ended March 31, 2026.

Kindly take the same on record and acknowledge the receipt of the same.

Thanking you,

Yours faithfully,

For Power Mech Projects Limited

Kishore Babu Sajja

Chairman and Managing Director

DIN: 00971313

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Website : www.powermechprojects.com

IC

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