Promax Power Limited
PROMAX.BO
Bombay Stock Exchange12.76
INR
-0.79
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Promax Power Limited
PROMAX.BO
(Bombay Stock Exchange)
Recent
price
12.76
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- 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.