POWERMECH Q3 FY26 Guidance vs Delivery (POWERMECH Management Mirror)

Revenue Guidance

Lowered: Management revised the FY26 revenue target down to ~6,000 crore (Dec'25 Qtr) from the previous 6,500 crore projection (Jun'25 Qtr). This follows an earlier revision in Dec'24 Qtr where FY25 guidance was lowered to 5,000–5,200 crore.

Modified: The downward FY26 revision is primarily due to a 700 crore shortfall in the UP water division (Jal Jeevan Mission) caused by funding delays.

Reaffirmed: The company maintains a 20-25% revenue growth target for FY27, consistent with the long-term 25-30% growth framework outlined in Dec'24 Qtr.