Promax Power Limited

Promax Power Limited

BBSE:PROMAX
12.72
INR
-3.27
(-20.45%)
302.00MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
30.73
262.46
30.76
48.21
26.57
28.29
- -
Basic EPS, GAAP
0.39
1.72
0.4
1.1
0.94
0.34
- -
Free Cash Flow per Basic Share
2.02
-30.21
-9.79
1.59
-1.21
-3.95
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.07
5.65
9.32
11.08
12.02
12.36
12.36
Tangible Book Value per Share
4.06
5.65
9.32
11.08
12.02
12.36
12.36
Basic Weighted Avg Shares
12
2
18
13
25
25
25
Sales/Revenue/Turnover
369
396
546
603
664
707
- -
Operating Margin (%)
2.6
3.66
3.23
5.44
6.89
4.44
- -
Depreciation Expense
-3
1
1
1
1
1
- -
Net Income, GAAP
5
3
7
14
23
9
- -
Effective Tax Rate (%)
37.09
33.26
- -
22.98
25.11
21.93
- -
Profit Margin (%)
1.27
0.65
1.3
2.28
3.53
1.21
- -
Working Capital
47
59
236
227
273
301
301
LT Debt
30
12
7
3
22
41
41
Total Equity
49
68
233
277
300
309
309
Return on Invested Capital (%)
- -
6.98
- -
6.74
7.49
4.37
- -
Return on Capital (%)
- -
7.21
- -
6.75
7.91
4.76
- -
Return on Common Equity (%)
- -
4.43
4.73
5.38
8.11
2.81
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
172
188
258
LT Borrowings
22
20
41
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
790
750
302

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
618
625
611
Cash, Cash Equivalents & STI
72
73
58
Accounts Receivable, Net
231
147
235
Inventories
213
257
264
Total Current Liabilities
345
340
311
Payables & Accruals
- -
- -
- -
ST Debt
172
188
258
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
62.49%
2.85%
Free Cash Flow
- -
-28.38%
228.01%
Net Income, GAAP
- -
46.05%
-63.43%
Sales/Revenue/Turnover
- -
14.47%
6.49%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
603
2025
- -
- -
664
2026
- -
- -
707

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.1
2025
- -
- -
0.94
2026
- -
- -
0.34

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Vishal Bhardwaj
Full Time Employees
2
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Plot No 148 A Mohali PU India 140306
IPO Date
Oct 12, 2021
Business
Promax Power Limited Promax Power Limited (PROMAX.BO) operates as an engineering, procurement, and construction (EPC) company focused on the power sector, delivering turnkey solutions for substations up to 400kV, transmission lines, hydro projects, distribution networks, electrification initiatives, civil construction, pre-engineered buildings, high-rise structures, and sewerage and water treatment facilities, including engineering design, pre-bid services, project management, and commissioning. The company provides specialized services in solar EPC projects, water transmission and distribution, sewage treatment plants (STP), water treatment plants (WTP), and industrial infrastructure, serving clients in utilities, refineries, and government entities across India with in-house design capabilities and expertise in challenging terrains such as hilly regions, coastal areas, and northeast India. Founded in 2004 and headquartered in Mohali, Punjab, with additional offices in Delhi, Kolkata, and Bengaluru, Promax Power maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, operating primarily in domestic markets while expanding internationally. Recent developments include securing its first international contract in Nepal valued at INR 21.89 crore in May 2024 for power infrastructure; winning a INR 55.43 crore order in 2025 for 132/33 KV substations and associated bays; acquiring a 24% stake in Promax Carbontier; transferring its stake in associate Scholab Global Limited in February 2024; and through associate Promax PlugUp EV Pvt Ltd, shipping its first indigenously designed 240KW DC dual-gun EV fast charger to a U.S. customer in California, alongside board approvals for potential fundraising, share capital increase, and main board migration to BSE and NSE.